Market Watch (Free subscription) | 23 hours ago
LONDON (MarketWatch) -- European shares moved higher on Wednesday, the second day of gains in three sessions, with miners leading the advance as commodity futures rose in electronic trading. Shares of Xstrata climbed 1.8% and Antofagasta shares climbed 1.6% in the mining sector. Elsewhere, Compass Group shares rose 3.1% after the catering group posted fiscal-year adjusted pretax earnings that topped...
Market Watch (Free subscription) | 11/17/2009
LONDON (MarketWatch) -- European shares pulled back on Tuesday after rising for four straight days, with commodity-sector shares paring some recent gains as metal and oil futures weakened. Selected financial firms were on the rise, with Fortis shares up 2% after it posted a quarterly profit and Icap shares up 1.1% after it said its fiscal-year profit will meet analyst forecasts. The U.K. FTSE 100...
Market Watch (Free subscription) | 11/13/2009
LONDON (MarketWatch) -- European shares were mildly lower on Friday, with Volkswagen shares down 1.2% after Porsche , down 0.7%, posted a pretax loss late Thursday. Miners were also weak with Rio Tinto shares down 1.1%. Still, KBC rose 5% and Dexia gained 1.1% in the banking sector after reporting results and British Airways extended gains from the previous session, up 4.6%, after it agreed to combine...
Market Watch (Free subscription) | 11/10/2009
LONDON (MarketWatch) -- European shares pulled back on Tuesday after a weaker-than-expected reading from the German ZEW index of economic sentiment. Stocks traded in a tight range as investors bought shares in HSBC Holdings but sold out of Vodafone Group and Barclays after all three firms updated investors on Tuesday. The U.K. FTSE 100 index rose 0.1% to 5,240.99, the German DAX index traded flat...
Market Watch (Free subscription) | 11/10/2009
LONDON (MarketWatch) -- European shares were in a tight range on Tuesday, as investors took a break after pushing shares sharply higher in the previous session and eyed results from Vodafone Group , down 1.4%, Sodexho , down 6%, and Barclays , down 1.7%. The U.K. FTSE 100 index rose 0.2% to 5,245.59, the German DAX index climbed 0.1% to 5,625.86 and the French CAC-40 index traded flat at 3,784.35....
Market Watch (Free subscription) | 11/06/2009
LONDON (MarketWatch) -- European shares declined on Friday afternoon after U.S. nonfarm payrolls dropped 190,000 in October, a bigger fall than economists were expecting, and the U.S. jobless rate rose to 10.2%. Construction firms were weak in Europe, with Lafarge down 4.1%, as investors also eyed up earnings. The U.K. FTSE 100 index declined 0.5% to 5,100.67, the German DAX index lost 0.8% to 5,437.60...
Market Watch (Free subscription) | 11/06/2009
LONDON (MarketWatch) -- European shares started on a muted note Friday ahead of key jobs data out from the U.S. later in the session. Earnings from French building materials firm Lafage didn't help sentiment, with shares in the firm down 3.1% after it reported a 38% drop in quarterly profit. Still, shares in British Airways managed to gain ground, up 5.3%, after the airline posted a wider loss but...
Market Watch (Free subscription) | 11/05/2009
LONDON (MarketWatch) -- European shares traded mostly higher on Thursday afternoon after economic data shed a positive light on the jobs front and the country's economic growth. Construction firms were among the best performers in Europe. The French CAC-40 index rose 0.2% to 3,678.31, the German DAX index advanced 0.1% to 5,452.23 and the U.K. FTSE 100 index traded flat at 5,107.07. Market Pulse Stories...
Market Watch (Free subscription) | 11/05/2009
LONDON (MarketWatch) -- European shares dropped in early trading on Thursday, contributing to a volatile week, with rate decisions from the European Central Bank and the Bank of England on tap in another busy day for corporate earnings. Miner Vedanta Resources fell 2.9% and consulting firm Cap Gemini fell 4.9% after updating investors, while Deutsche Telekom rose 1.6% and BNP Paribas gained 1%. The...
Market Watch (Free subscription) | 10/29/2009
LONDON (MarketWatch) -- European shares got a lift on Thursday after data showed that the U.S. economy expanded 3.5% in the third quarter, the fastest growth rate in two years. Miners and construction firms led the advance in Europe after the data, with Anglo American shares up 3.9% and Saint Gobain [s; fr:sgo] shares rose 3.2%. The U.K. FTSE 100 index up 0.2% at 5,089.62, the German DAX index up...
Market Watch (Free subscription) | 10/27/2009
LONDON (MarketWatch) -- European shares moved lower on Tuesday afternoon as investors eyed weak U.S. consumer confidence figures. Miners led the decline, with Rio Tinto shares down 2.7%. Still oil producers managed to hold onto gains, limiting broader market losses, with BP shares up 3.4% after it reported a forecast-beating third-quarter profit. The German DAX index lost 0.6% to 5,609.93, the French...
Market Watch (Free subscription) | 10/27/2009
LONDON (MarketWatch) -- European shares were in a tight range on Monday, with oil and gas firms gaining after British oil giant BP posted a forecast-beating adjusted third-quarter profit. BP shares jumped 5% in London. However, banks were extending losses from the previous session, with ING shares down another 5.5% in Amsterdam. The U.K. FTSE 100 index rose 0.2% to 5,200.42, the German DAX index traded...
Market Watch (Free subscription) | 10/22/2009
LONDON (MarketWatch) -- European shares fell sharply on Thursday after a raft of companies updated on earnings and sales. Technology shares led the decline, with Ericsson shares down 8% after the telecom equipment maker reported that its third-quarter sales fell 6%. Miners were also weak, with Lonmin shares down 3.1% and Anglo American shares down 1.8%. Nestle shares fell 1.1%. The Swiss food giant...
Market Watch (Free subscription) | 10/21/2009
LONDON (MarketWatch) -- European shares pulled back from early mild gains on Wednesday. Autos were weak, with Peugeot shares down 5.7% after reporting lower third-quarter sales, while Deutsche Bank shares fell 3.2% in the banking sector. It said it will post a third-quarter net profit of 1.4 billion euros. However, telecoms helped to limit losses, with Vodafone Group shares up 1.4%. The German DAX...
Market Watch (Free subscription) | 10/20/2009
LONDON (MarketWatch) -- European shares traded mostly higher on Tuesday, as an uptick in commodity futures helped the mining sector to advance. Of companies updating investors, Pearson shares gained 2.1% after the media group lifted its fiscal-year guidance. However, Barclays shares dropped 5% after Qatar said that it will sell shares in the lender. Barclays' losses weighed on the U.K. FTSE 100 index,...
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