Shares in Royal Dutch/Shell Surge Today
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Shares in Royal Dutch/Shell surged on  Thursday as a unified structure unveiled by the oil giant is  set to dramatically lift its weighting in key benchmark share  indexes.
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Royal Dutch Shell Plc  reported an 11 percent rise in current cost of supply (CCS) net income to $6.7 billion on Thursday, as higher oil prices and one-off gains helped to offset a fall in production.
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European shares opened higher on Friday, led by oil heavyweights such as BP ahead of an expected decision by OPEC to trim its output.
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PARIS: European shares opened higher on Friday, led by oil heavyweights such as BP ahead of an expected decision by Opec to trim its output.
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Stocks enjoyed a late-day rally yesterday, finishing higher despite a new record price for oil and gloomy third-quarter outlooks from several companies.
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Stocks rose sharply yesterday, extending their rally for a second session as investors expressed relief over plummeting oil prices following a government report that showed an increase in crude inventories. The Dow Jones industrial average had its second straight triple-digit gain, pushing back above the 10,000 mark.
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Shares in retailer Woolworths Group PLC surged by 22 percent Monday after a private equity firm said it is considering making a takeover offer.
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Northern Rock shares surge almost 14% in early trade after the troubled bank says it is in takeover talks.
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European stocks spiked higher as razor  thin volumes amplified relief over a hiatus in the advance of  crude prices Monday, while Philips Electronics jumped after  positive comment from brokers.
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Stocks surged Wednesday afternoon, with the Dow Jones industrial average closing at its highest point ever, the S&P 500 hitting a 5-1/2 year high and the Nasdaq composite rising more than 2 percent.
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A rise in oil prices bolstered shares of Exxon Mobil, outweighing investorsâ concerns about a jump in a critical inflation gauge.
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Royal Dutch Shell Plc  posted a 2.6 percent rise in underlying quarterly profits on Thursday, beating analysts' forecasts, thanks to higher production and strong oil prices.
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Leading shares have managed to close up at session highs, with strong gains  across oil and mining stocks countering weakness across the banking sector and a cautious morning by Wall Street.
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Shares rallied on speculation that global demand for commodities and higher raw-material prices may fuel more takeovers.
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Shares surged yesterday, pushing up the Dow Jones industrials by more than 100 points as a report that two companies are independently trying to buy Alcoa fueled hopes for a pickup in takeover activity.
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The Royal Dutch/Shell Group said yesterday that it would sell as much as $12 billion in assets, spend $45 billion on new projects and consider some acquisitions as it tries to bolster oil and gas production.
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British blue chips rose as a spike in the price of oil offset initial enthusiasm over better-than-expected US jobs data.