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Jan 17, 2014
Jan 17, 2014

Shell profit warning wipes 6.5 billion pounds off of UK’s FTSE

LONDON, Jan 17 (Reuters) – Britain’s top share index
underperformed major regional peers on Friday, knocked back by a
dramatic fall in Shell, its most heavily weighted stock, after
the oil major delivered a profit warning.

Royal Dutch Shell saw its listings fall
3.1 percent and 2.8 percent respectively after it warned that
its fourth-quarter figures are expected to be significantly
lower than recent levels of profitability because of oil and gas
prices and problems with its refining business.

Jan 16, 2014

European shares steady near five-and-half year highs, knocked by retail

LONDON (Reuters) – European equities edged lower to steady just below a 5-1/2-year high on Thursday, hit by a string of losses in the retail sector after corporate reports but receiving support from miners.

The retail index fell 0.7 percent, hit by company updates from the likes of Carrefour (CARR.PA: Quote, Profile, Research, Stock Buzz), the world’s second biggest retailer, which dropped 3.7 percent after disappointing sales figures.

Jan 16, 2014

European shares steady near 5-1/2 year highs, knocked by retail

LONDON, Jan 16 (Reuters) – European equities edged lower to
steady just below a 5-1/2-year high on Thursday, hit by a string
of losses in the retail sector after corporate reports but
receiving support from miners.

The retail index fell 0.7 percent, hit by company
updates from the likes of Carrefour, the world’s
second biggest retailer, which dropped 3.7 percent after
disappointing sales figures.

Jan 15, 2014

Banks lead European shares to 5-1/2 year high as growth hopes build

LONDON, Jan 15 (Reuters) – European shares rose on Wednesday
to fresh 5-1/2 year highs, buoyed by a better global growth
outlook from the World Bank, with gains supported by easing
regulatory concerns over banks in the euro zone.

Euro zone banks gained 1.3 percent, the top sectoral
riser, after the European Central Bank said lenders will not be
required in upcoming stress tests to adjust sovereign debt
portfolios they hold to maturity to reflect current market
values.

Jan 15, 2014

European shares hit 5-1/2 year highs on better growth outlook

LONDON, Jan 15 (Reuters) – European shares rose on Wednesday
to fresh 5-1/2 year highs, led by stocks sensitive to the global
economic outlook after the World Bank raised its growth forecast
for the first time in three years.

So-called “cyclical” stocks such as financials, energy and
consumer discretionary stocks combined to add 5 points to the
pan-European FTSEurofirst 300, accounting for the
majority of the index’s advance to 1,332.96 points – a gain of
0.5 percent.

Jan 10, 2014

FTSE’s gains capped by weak U.S. jobs data

LONDON, Jan 10 (Reuters) – Britain’s top share index closed
firmer on Friday, though off the session’s best, after
disappointing U.S. jobs data knocked the index back from its
highest levels since early November.

The FTSE 100 touched a 2014 high at 6,769.94, just
before the report on nonfarm payrolls showed U.S. employers
hired the fewest workers in almost three years in December.

Jan 10, 2014

U.K.’s FTSE holds in recent range after U.S. jobs miss forecast

LONDON, Jan 10 (Reuters) – Britain’s top share index rose on
Friday but remained confined to its range for the year, after
disappointing U.S. jobs data knocked the index back from its
highest levels since early November.

The FTSE 100 touched a 2014 high at 6,769.94, just
before a report on nonfarm payrolls showed U.S. employers hired
the fewest workers in almost three years in December.

Jan 10, 2014
Jan 10, 2014

Tullow Oil leads FTSE higher ahead of U.S. jobs data

LONDON (Reuters) – Britain’s top share index rebounded from the previous session’s losses on Friday amid talk that U.S. jobs data due later could beat consensus, with Tullow Oil leading the gains on speculation it may be a takeover target.

The blue-chip FTSE 100 index was up 0.9 percent, or 60.16 points, at 6,751.50 points by 1122 GMT.

    • 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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