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Mar 25, 2014

Kingfisher, easyJet updates help FTSE bounce off six-week low

LONDON, March 25 (Reuters) – UK shares rose on Tuesday,
rebounding off of a six-week closing low, after Kingfisher and
easyJet posted updates that raised optimism about the outlook
for corporate earnings this year.

Home improvements retailer Kingfisher jumped 6.3 percent as
it said it would return about 200 million pounds ($330 million)
to shareholders in the current year, after meeting forecasts
with a 4.1 percent rise in 2013-14 profit.

Mar 25, 2014

easyJet update helps FTSE bounce off six-week low

LONDON, March 25 (Reuters) – UK shares rose on Tuesday,
rebounding off of a six-week closing low, after easyJet and
Kingfisher reported updates that raised optimism about the
outlook for corporate earnings this year.

Budget airline easyJet jumped 5.1 percent after it
upgraded its first-half outlook by 25 percent on Tuesday, helped
by tight cost control and the popularity of its allocated
seating programme.

Mar 24, 2014

European shares fall back as Crimea, China PMI weigh

LONDON, March 24 (Reuters) – European stocks fell on Monday,
trimming last week’s lofty gains as concern over events in
Ukraine and China’s flagging manufacturing activity pegged a key
index back from the top of its recent range.

Shares of companies with big exposure to Russia were under
pressure as the United States began crisis talks with European
allies after Ukraine announced the withdrawal of its troops from
Crimea, effectively yielding the region to Moscow’s forces.

Mar 21, 2014

Ryanair powers European shares higher, set for strong weekly gains

LONDON, March 21 (Reuters) – European shares were set for
strong weekly gains on Friday, demonstrating an ability to shrug
off concerns over the Crimean crisis as strength in Ryanair and
the mining sector helped growth sensitive sectors higher.

Irish airline Ryanair rose 3.7 percent, the top
FTSEurofirst 300 riser, after a spate of upbeat broker
comment following an update on its marketing overhaul and
financing plans.

Mar 21, 2014

Euro zone shares set for biggest weekly gain in 2014

LONDON, March 21 (Reuters) – A top European share index was
set for its best week of the year on Friday although stocks
exposed to Russia remained sensitive as investors assessed the
impact of tit-for-tat sanctions over the Ukraine crisis.

Russia has annexed Crimea from Ukraine, a move condemned by
the West, but Moscow’s assertion that no other Ukrainian region
would be subject to intervention helped European stocks to move
higher on Monday and Tuesday.

Mar 20, 2014
Mar 20, 2014

European stock gains at risk as 2014 profit downgrades tarnish Q4 halo

LONDON, March 20 (Reuters) – European stocks have all but
finished their best earnings season in over a year, but the
double-digit growth in 2014 profits that analysts said was
needed to keep stocks rising is looking increasingly precarious.

Downgrades to full-year estimates have accompanied decent
reported results, and may jeopardise predicted gains for stocks.

Mar 20, 2014
Mar 19, 2014
Mar 19, 2014
    • 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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