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UAL's United Airlines confirms to lay off 20,000 staff across all ops
UAL Corp's United Airlines said it will "as soon as practicable" lay off around 20,000 staff due to its reduced flight schedules following last week's terrorist attacks in the US, confirming earlier reports of the job cuts.
23:17 Wednesday 19th September 2001
German Neuer Markt shares lower in evening trade on US Beige Book
Neuer Markt shares were lower in evening trade, off a high of 840.84, battered by the US Beige Book's negative outlook for the US economy and a weak Nasdaq, with IXOS suffering from a disappointing outlook, dealers said.
18:06 Wednesday 19th September 2001
Paris technology shares close sharply down tracking Nasdaq
Technology shares closed sharply lower as earlier gains among a range of telecoms issues evaporated as trading turned negative on the Nasdaq shortly after the opening, dealers said.
17:48 Wednesday 19th September 2001
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London techMARK closes at new lows, pressured by Nasdaq's extended slump
Technology shares ended the day slumping to yet more new lows, with most issues matching a reverse amongst their Wall Street peers as markets became increasingly nervy as the session progressed, dealers said.
17:36 Wednesday 19th September 2001
STOCKWATCH Texas Instruments undervalued, investors should buy - Bear Stearns
Texas Instruments Inc shares are currently "undervalued and represents an excellent large cap investment opportunity," Bear Stearns analysts said, adding they "recommend investors buy the stock."
16:30 Wednesday 19th September 2001
German Neuer Markt shares higher midafternoon after Nasdaq opens higher
Neuer Markt shares were higher in midafternoon trade, having extended their gains marginally after the technology-laden Nasdaq index moved ahead in early Wall Street trading, dealers said.
15:02 Wednesday 19th September 2001
US airlines suspend e-fares
Several US airlines say they've suspended internet-only discount fares following last week's terror attacks.
15:00 Wednesday 19th September 2001
BT's Airwave radio system wins police approval
Airwave, a digital police radio system being developed by BT, has been passed for nationwide use.
14:47 Wednesday 19th September 2001
Paris technology shares up midday led by bargain-hunting in telecoms
Technology shares were slightly higher in midday trade led by telecoms issues as investors sought bargains among heavily discounted stocks, dealers said.
12:59 Wednesday 19th September 2001
London techMARK shows modest losses at midday as Nasdaq seen higher
Technology shares turned slightly weaker by midday in a cautious market awaiting Wall Street's opening, although losses were contained partly on expectations that Nasdaq will start higher, dealers said.
12:17 Wednesday 19th September 2001
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