IBT Staff Reporter

News, details on bond issues in the European markets on Wednesday:

European shares fell for a second day on Wednesday, with financial stocks taking most points off the leading index after Deutsche Bank unexpectedly released quarterly figures that knocked its stock.

Recent trading patterns broke at least temporarily on Wednesday with both the dollar and world stocks slipping, the latter weakened particularly by falling emerging markets.

Japanese automakers such as Honda and Nissan want to reduce their reliance on the U.S. market, where weak demand and a falling dollar have slashed profits, even as a poor turnout at their flagship auto show highlights the challenges at home.

Geely Holding's discussions to acquire Volvo from Ford Motor Co have stalled over disagreements on intellectual property, a source close to the talks said on Wednesday.

Demand for computers from large companies is likely to pick up by as soon as mid-2010 as a result of Microsoft's launch this week of its Windows 7 operating system, a senior Dell executive said on Wednesday.

Profit taking in technology stocks pushed Asian shares slightly lower on Wednesday, though they remained near a 15-month high, while some stability in the U.S. dollar and a rise in inventories knocked oil below $79 a barrel.

Morgan Stanley may hand over its unit Crescent Real Estate Equities Co to Barclays Capital, the Wall Street Journal said, citing people familiar with the matter.

U.S. stock index futures pointed to a lower open on Wall Street on Wednesday, with futures for the S&P 500 down 0.24 percent, Dow Jones futures down 0.1 percent and Nasdaq 100 futures down 0.34 percent.

LG Electronics Inc's quarterly profit jumped nearly 50 percent thanks to strong sales of mobile phones and TVs, but the company is headed for a weaker fourth quarter on higher marketing costs and price competition.

LG Electronics Inc's quarterly profit jumped nearly 50 percent thanks to strong sales of mobile phones and TVs, but the company is headed for a weaker fourth quarter on higher marketing costs and price competition.

South Korea's LG Electronics Inc posted third-quarter net profit that beat expectations thanks to a soft local currency that boosted its price competitiveness and a strong line-up of mobile phones.

South Korea's LG Electronics Inc posted third-quarter net profit that beat expectations thanks to a soft local currency that boosted its price competitiveness and a strong line-up of mobile phones.

Profit taking in the technology sector weighed on Asian stocks on Wednesday, though they stuck close to a 15-month high, while some stability in the U.S. dollar and a rise in inventories pushed oil below $79 a barrel.

LG Electronics Inc posted better-than-expected results thanks to strong sales of key handsets and TVs, but faces weakening earnings momentum.

The time for the U.S. Federal Reserve to start pulling back its extensive support for the economy is not close at hand and policymakers have time to decide what sequence of steps they will take, San Francisco Fed President Janet Yellen said on Tuesday.

Some investors defrauded by epic swindler Bernard Madoff on Tuesday added accounting firm KPMG , JPMorgan Chase and Bank of New York Mellon to a civil lawsuit in a New York court, lawyer Joseph Cotchett said.

Dozens of employees at Galleon Group are hunting for new jobs as investors debate how to react after the hedge fund's founder was arrested and charged with running one of the biggest insider trading schemes.

Softer-than-expected U.S. housing starts last month and a drop in prices paid at the farm and factory gate pointed to an anemic economic recovery, backing views that interest rates could stay low for a while.

U.S. President Barack Obama said on Tuesday the relations between U.S. and Iraq were evolving into economy, trade and commerce and no longer exclusively security-related.

Barnes & Noble Inc on Tuesday unveiled its electronic reader in a challenge to Amazon.com Inc's dominant Kindle, featuring a color screen and the same $259 price, ahead of the holiday shopping season.

Bumper payouts to bankers should be seen as part of a longer term investment in London's economy, the vice chairman of Goldman Sachs International told a debate on ethics at St Paul's Cathedral on Tuesday.

An obscure hedge fund said it offered to buy $1 billion in debt from CIT Group Inc but declined to identify its source of capital. CIT would not comment on whether it was seriously considering the offer.

A 7-year-old girl from North Florida went missing Monday on her way home from school, triggering a massive ground and air search.

Yahoo Inc's quarterly profit more than tripled as cost cuts and asset sales more than offset a continued decline in sales, sending its shares up 5 percent. Chief Financial Officer Tim Morse told Reuters the Internet company's top advertisers were beginning to spend again.

Apple updated its entire Mac lineup on Tuesday, including its desktop iMacs, a new unibody MacBook, the Mac mini, and the newest addition to the Apple product line is a wireless, multitouch mouse. The company rolled out the new products just ahead of Window's 7 debut. Coincidence?

Stocks retreated from 12-month highs on Tuesday as disappointing housing and inflation data prompted investors to book recent gains despite strong results from bellwethers including Apple and Caterpillar.

The practice of brokers giving high-frequency traders unfettered access to the U.S. stock markets is raising anxiety among industry players who fear the risks it poses and the damage that could be done to their own reputations.

The dollar bounced back from a 14-month low against a basket of currencies in volatile trading on Tuesday as policymakers in Europe and Asia commented on the greenback's decline and options-related buying kept it from pushing though key levels.