That "good" news sent stocks reeling - the Dow industrials plunged 77 points.
The stock is still reeling from the effects of revelations about irregularities at government-debt auctions.
EMI's stock reeled on the news, closing 16.4 percent lower in London at 235 pence a share.
Just last Thursday, Russian tax authorities gave the company five days to pay $3.4 billion in back taxes for 2000, news that sent the stock reeling.
Latin American stocks reeled as well.
Prices were also depressed, analysts said, as stocks reeled from a hangover caused by the Dow Jones industrial average's ascent above 8,000 last week and another decline in technology issues.
But any disappointment could send the stock reeling.
Markets The unexpectedly swift Fed rise in interest rates sent stocks reeling.
The rout in the bond market initially sent stocks reeling, but the major market gauges later pared most of their losses.
The broadcasting and publishing concern's stock is still reeling from last week's announcement of lower earnings.
