| Europe Market Update Archive: |
|
Europe Tumbles 2%
Jun 06, 12:54 PM EDT |
|
| BAA rose 2.2% after it accepted an offer from a consortium led by Spain's Grupo Ferrovial, valuing the company at 950.25 pence, or 10.3 billion pound. |
|
| European stocks steeply dropped Tuesday on concerns over U.S. interest-rate increases, following comments about inflation made by the Fed Reserve Chairman. Bernanke''''s comments come ahead of an expected rate rise from the European Central Bank at its meeting Thursday. The German DAX 30 tumbled 2.1%, the French CAC 40 slipped 2.4%, and London FTSE 100 dropped 1.6%. |
|
|
Full
Story... |
| |
Europe Moves Lower
Jun 06, 6:35 AM EDT |
|
| European markets declined on Tuesday, led by overnight fall on Wall Street and Asia in the wake of Feds warning on inflation. |
|
| After losses at the opening of trade across Europe, the French market continued its fall by mid-morning while Germany and the Eurofirst 300 recuperated slightly from their weakest levels. The Swiss market, which was on holiday on Monday, declined sharply with the SMI index down 1.1% as it played catch-up with weakness elsewhere. By mid morning, the FTSE Eurofirst had dropped 1%, the German Dax dipped 1% too and the French CAC 40 shed 1.4%. |
|
|
Full
Story... |
| |
Europe Hit by Surging Oil
Jun 05, 12:57 PM EDT |
|
| British airport operator BAA increased 1% ahead of a midnight Monday deadline U.K. time for Spain' Grupo Ferrovial to improve its 9.5 B-pound bid. |
|
| European markets closed mostly in the negative, dragged down by rising crude oil prices and weakness on Wall Street. Surging oil weighed on many sectors but supported oil stocks. Automakers like Renault and DaimlerChrysler moved to the downside, while shares of oil majors like Royal Dutch Shell and BP advanced. The German DAX 30 dropped 1.2%, the French CAC 40 lost 0.9%, while London FTS 100 added slightly to 5,767. |
|
|
Full
Story... |
| |
European Stocks Down On Oil And Dollar
Jun 05, 6:40 AM EDT |
|
| European markets declined Monday as crude prices advanced above $73 a barrel, fueling worries that high raw materials costs could boost inflation. |
|
| Takeovers helped European stocks finish higher last week. However, shares suffered a heavy blow on Monday, as oil topped $73 a barrel following Iran’s threatened the U.S. with supply disruption. That fact, together with the dollar, falling sharply against most other currencies on Friday, helped offset equity markets. London’s FTSE 100 declined 0.3%,Frankfurt’s Xetra Dax shed 1.4% and in Paris, the CAC 40 edged 0.9% down. |
|
|
Full
Story... |
| |
European Markets Gain
Jun 02, 1:04 PM EDT |
|
| Merger news kept European markets higher. Portugal Telecom is reported to be a subject of private equity bid for $14 billion. |
|
| European markets closed mostly in the positive as disappointing U.S. payrolls data helped offset concerns about weaker dollar. The euro climbed to $1.2925 from $1.2805. Tech stocks like chip-equipment maker ASML Holdings, microchip maker STMicroelectronics, and mobile phone maker Nokia declined. The French CAC 40 gained 0.3%, London FTSE 100 rose 0.3%, while the German DAX 30 fell 0.4%. |
|
|
Full
Story... |
| |
Europe Rises On NYSE And Euronext Merger
Jun 02, 6:34 AM EDT |
|
| European markets climbed Friday led by advances in New York following of New York Stock Exchange agreement to buy Euronext. |
|
| NYSE agreed to buy Euronext, topping a rival bid from Deutsche Börse. The company is to be known as NYSE Euronext and will be based in New York, Paris and Amsterdam, while its derivatives unit will be in London. By mid morning, London’s FTSE 100 gained 0.6%, Frankfurt’s Xetra Dax advanced 0.9% to and the CAC 40 in Paris was 1.2% up. |
|
|
Full
Story... |
| |
Europe Closes Higher
Jun 01, 12:56 PM EDT |
|
| French media company Vivendi rose 1.5% after settling a tax dispute with the Internal Revenue Service on the sale of DuPont in 1995. |
|
| European markets finished in the positive territory. The upward move was largely contributed by U.S. economic data, which helped ease inflation and interest-rate concerns. Strong results from Man Group sent the stock up 3.4%, providing support to the market sentiment. The German DAX 30 gained 0.3%, the French CAC 40 rose 0.4%, and London FTSE 100 climbed 0.5%. |
|
|
Full
Story... |
| |
Telecoms Help Europe Rebound
May 31, 1:01 PM EDT |
|
| Anglo-Dutch steelmaker Corus Group rose 2.3% after reporting a 73% fall in net profit to 45 million pounds but was upbeat about the next few quarters. |
|
| European stocks finished sharply higher, boosted by telecom and other defense stocks. Deutsche Telekom gained 2.6%, Telecom France rose 4.2%, and U.K. Vodafone Group closed up 2.7%. Utilities stocks were also strong, benefiting in part from U.S. utility NRG Energy, which rejected an $8 billion bid from rival Mirant Corp. The German DAX 30 climbed 1.3%, the French CAC 40 gained 0.7%, and London FTSE 100 rose 1.3%. |
|
|
Full
Story... |
| |
Europe Recuperates On Telecoms Stocks
May 31, 6:39 AM EDT |
|
| European stocks recovered early losses Wednesday on the strength of bank and oil shares, combined with firm telecom sector. |
|
| European market recovered early losses Wednesday as banks and oil stocks reversed the downtrend, helped also by strength in telecoms stocks, which have exhibited defensive qualities during market volatility recently. By mid morning London’s FTSE 100 recouped 0.5%, Frankfurt’s Xetra Dax edged up 0.2% and the CAC 40 in Paris added 0.1%. |
|
|
Full
Story... |
| |
European Markets Plunge 2%
May 30, 12:58 PM EDT |
|
| British mobile-phone giant Vodafone rose 3.5% in London after it said that it will return 9 billion pounds ($16.7 billion) to shareholders in August. |
|
| European markets closed steeply down on speculations about interest-rate increases and lower economic growth. Weakness on Wall Street contributed by sliding dollar, resurgent oil prices, and disappointing corporate news also weighed. European auto stocks like Volkswagen and BMW notably declined on the weaker dollar. EADS showed a significant loss of 4.5%. The German DAX 30 dropped 2.3%, the French CAC 40 slid 2.4%, and London FTSE 100 tumbled 2.4%. |
|
|
Full
Story... |
| |
21
22
23
24
25
26
27
28
29
30
|
|
