Toshiba climbs on 'HD DVD exit'

HD DVD defeat hits Toshiba profit
Toshiba says pulling out of the high definition DVD format battle will cost it $666m and hurt its profits.

Blu-ray 'to win' DVD format war
Toshiba shares gain more than 5% on speculation that the firm is about to shelve its high definition DVD format.

Toshiba drops out of HD DVD war
Toshiba will stop making its HD DVDs, ending a battle with rival format Blu-ray over which would be the standard.

Nomura up on talk of Lehman buy
Shares in Japanese bank Nomura gain 10% as speculation grows that it is buying the Asian arm of Lehman Brothers.

BMI's no comment on merger rumour
UK airline BMI declines to comment on speculation it has been approached by Etihad over a possible merger.