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Jul 24, 2015

European shares hit one-week low, commodity stocks slump

LONDON, July 24 (Reuters) – European shares fell to a new
one-week low on Friday, with companies like satellite operator
SES slumping after a disappointing update and
commodity shares tracking a sharp decline in mining and oil
prices.

SES shares fell 6.8 percent, the biggest decliner in the
blue-chip FTSEurofirst 300 index, after cutting its
full-year revenue and profit guidance following a delayed
satellite launch and a decline in earnings from fixed data
customers due to the strong dollar.

Jul 24, 2015

European shares advance, Vodafone and Thales lead

LONDON, July 24 (Reuters) – European shares advanced on
Friday, with well-received earnings updates from companies such
as telecom major Vodafone and defence group Thales
supporting the market.

Shares in Vodafone rose 4.2 percent, adding the most points
to an advance on the pan-European FTSEurofirst 300 index
, after results that showed improvements across major
markets in Germany and Britain.

Jul 24, 2015

European shares turn higher, led by Vodafone, Thales

LONDON, July 24 (Reuters) – European shares turned higher on
Friday as investors chewed over mixed earnings updates, getting
support from well-received updates from Vodafone and
Thales

British telecom firm Vodafone rose 3.7 percent, adding the
most points to an advance on the pan-European FTSEurofirst 300
, after results that showed improvements across major
markets in Germany and Britain.

Jul 23, 2015

Britain’s FTSE edges lower after Aberdeen Asset hit by outflows

LONDON, July 23 (Reuters) – Britain’s top share index edged
lower on Thursday hit by weak earnings reports from Aberdeen
Asset Management and SSE, although the market got support late
in the day from a rise in Pearson after it said it had
agreed to sell the FT Group to Japan’s Nikkei.

Aberdeen Asset Management tumbled 7.2 percent,
touching its lowest levels in over a year after the emerging
markets-focused fund manager said it saw net outflows of 9.9
billion pounds ($15.5 billion) in the last quarter.

Jul 23, 2015

FTSE supported by Pearson after it confirms FT sale talks

LONDON (Reuters) – FTSE 100 outperformed continental stock indices on Thursday, boosted by a rise in Pearson after it confirmed that it was in advanced talks to sell FT Group.

British publisher Pearson has decided to sell the Financial Times to a “global, digital news company”, a person familiar with the deal said, sending shares up 2 percent.

Jul 23, 2015

Britain’s FTSE supported by Pearson after it confirms FT sale talks

LONDON, July 23 (Reuters) – Britain’s top share index
outperformed continental stock indices on Thursday, boosted by a
rise in Pearson after it confirmed that it was in
advanced talks to sell FT Group.

British publisher Pearson has decided to sell the Financial
Times to a “global, digital news company”, a person familiar
with the deal said, sending shares up 2 percent.

Jul 22, 2015

FTSE hits 1-week low as miners and tech stocks slump

LONDON, July 22 (Reuters) – Britain’s top share index
dropped to a one-week low on Wednesday after a poorly received
earnings report from Apple hit technology stocks and
weaker metals prices and an update from BHP Billiton
dragged down miners.

The mining index slid 4.7 percent, as metals
prices fell sharply. Diversified miner Anglo American
fell 6 percent to a 13-year low.

Jul 22, 2015

FTSE falls after BHP, ARM results fail to impress

LONDON (Reuters) – Britain’s top share index retreated on Wednesday, leaving it set for its biggest daily fall in two weeks after poorly received results sent mining and technology stocks lower.

FTSE 350 mining shares fell 2.7 percent, led lower by BHP Billiton, which dropped 3.4 percent after an earnings update.

Jul 22, 2015

Britain’s FTSE falls after BHP, ARM results fail to impress

LONDON, July 22 (Reuters) – Britain’s top share index
retreated on Wednesday, leaving it set for its biggest daily
fall in two weeks after poorly received results sent mining and
technology stocks lower.

FTSE 350 mining shares fell 2.7 percent, led
lower by BHP Billiton, which dropped 3.4 percent after
an earnings update.

Jul 21, 2015

European shares fall, pulled down by drugmakers

LONDON (Reuters) – European shares retreated on Tuesday from their six-week high in the previous session, with the healthcare leading the market lower after Novartis (NOVN.VX: Quote, Profile, Research, Stock Buzz) reported quarterly incomes below analysts’ expectations.

The STOXX Europe 600 Healthcare Index was the sector declining the most, falling 0.7 percent. Novartis dropped 2.1 percent after the Swiss drugmaker reported a weak performance by its eyecare division in the second quarter.

    • 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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