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Apr 17, 2014

European shares fall as strong euro, China weakness hits earnings

LONDON, April 17 (Reuters) – European shares edged lower on
Thursday, weighed down by companies reporting earnings that were
knocked by currency effects and weak demand from China,
confirming a poor start to the earnings season in Europe.

Trade was subdued, with investors unwilling to place strong
bets on moves in either direction before a four-day weekend for
European markets.

Apr 17, 2014

European shares hit by China weakness in luxury drink sales

LONDON, April 17 (Reuters) – European shares edged lower on
Thursday, weighed down by weakness in luxury drinks after a
crackdown on gift giving in China knocked beverage company
earnings, in quiet trade ahead of a public holiday.

Concerns over a strong euro also hit company earnings,
confirming a poor start to the earnings season in Europe.

Apr 16, 2014

European shares bounce back as Chinese data reassures

LONDON/PARIS, April 16 (Reuters) – European shares rose on
Wednesday, reversing the previous session’s slide after economic
growth data from China came in a touch above forecasts.

At 1508 GMT, the pan-European FTSEurofirst 300 index
was up 0.9 percent at 1,318.19 points, in a rebound
most traders saw as a technical reaction to a 1 percent fall in
the previous session.

Apr 16, 2014
Apr 14, 2014
Apr 11, 2014

Global tech sector sell-off knocks back European shares

LONDON, April 11 (Reuters) – European shares slid at the
open on Friday to leave them set for their first weekly loss in
a month, tracking steep falls in Asian and U.S. stocks as
equities came under pressure globally.

Technology stocks led sectoral falls with a 1.9
percent decline, echoing moves in the United States, where the
tech-heavy Nasdaq 100 posted its biggest drop in two and
half years, while the Japanese.

Apr 10, 2014

Banks keep Britain’s FTSE steady, M&S slips

LONDON, April 10 (Reuters) – Britain’s top share index
traded just above flat on Thursday, buoyed by the banking sector
after the Federal Reserve indicated it would keep interest rates
lower for longer than previously anticipated.

The FTSE 100 was up just 6.36 points or 0.1 percent
at 6,641.97 points at the close, with financials – banks,
insurers and asset managers – contributing about half the gains.

Apr 10, 2014

Banks lead Britain’s FTSE higher, M&S slips

LONDON, April 10 (Reuters) – Britain’s top share index rose
on Thursday in a volatile session, buoyed by the banking sector
after the Federal Reserve indicated it would keep interest rates
lower for longer than previously anticipated.

The FTSE 100 was up 20.75 points or 0.4 percent at
6,656.36 points by 1418 GMT, with financials – banks, insurers
and asset managers – contributing about half the gains.

Apr 10, 2014

FTSE gives away gains as Marks & Spencer optimism disappears

LONDON, April 10 (Reuters) – Britain’s top share index gave
away early gains on Thursday, led down by retailer Marks &
Spencer, as optimism over its trading update dissipated
following a conference call.

Marks & Spencer had traded as much as 3 percent higher in
morning deals, following a trading update that showed its
turnaround programme may finally be getting results.

Apr 7, 2014

Bouygues and Iliad lead European shares down from highs

LONDON, April 7 (Reuters) – European equities retreated on
Monday after a three-week rally, led down by French companies
Iliad and Bouygues on expectations that a
failed acquisition bid by Bouygues would hurt the earnings of
both.

Bouygues fell 5.4 percent to 29.17 euros ($39.94) and Iliad
dropped 5 percent after Numericable won a bid to
acquire Vivendi’s SFR telecom unit. Numericable shares
spiked 15 percent.

    • About Alistair

      "Alistair Smout is working on the Investment and Emerging Markets for Reuters Europe over the summer. He specialises in Africa and Europe."
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