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Feb 27, 2014
Feb 27, 2014
Feb 26, 2014
Feb 25, 2014

European basic resource shares slip on China outlook

LONDON, Feb 25 (Reuters) – European mining shares ended
lower in choppy trading on Tuesday as the sector absorbed a
fresh knock from China, with weak corporate outlooks hurting
companies such as Fresenius and Seadrill.

After weathering a torrid 2013 on concerns about slowing
growth in the world’s top metals consumer, the STOXX Europe 600
Basic Resources index started the year brightly, adding
8 percent in a run to the February high, only to cede about half
those gains over the last four days.

Feb 25, 2014

Resource firms lead European shares lower on China outlook

LONDON, Feb 25 (Reuters) – A seven-session winning streak in
the leading pan-European share index was likely to be snapped on
Tuesday after the mining sector absorbed a fresh knock from
China and weak corporate outlooks dented the earnings picture.

After weathering a torrid 2013 on concerns about slowing
growth in the world’s top metals consumer, the STOXX Europe 600
Basic Resources index started the year brightly, adding
8 percent in a run to the February high, only to cede half those
gains over the last four days.

Feb 25, 2014

Disappointing earnings outlooks knock back overbought European shares

LONDON, Feb 25 (Reuters) – European shares pulled back from
three weeks of sharp gains on Tuesday, causing many regional
indexes to fall from multi-year highs, as weak corporate
outlooks darkened the earnings picture.

Fresenius Medical Care (FMC) fell 7.1 percent
after it unexpectedly forecast another decline in profit for
2014 amid cuts to healthcare budgets in the United States.
Shares in Fresenius, which controls FMC, fell 8.8
percent.

Feb 25, 2014

Fresenius weighs on overbought European shares

LONDON, Feb 25 (Reuters) – European pulled back on Tuesday
from two weeks of sharp gains, as weakness in medical group
Fresenius weighed on German stocks and many regional indexes
edged off multi-year highs.

Fresenius Medical Care (FMC) fell 6.9 percent
after it unexpectedly forecast another decline in profit for
2014 amid budget cuts to healthcare from the United States.
Shares in Fresenius, which controls FMC, fell 6.7
percent.

Feb 25, 2014
Feb 24, 2014
Feb 24, 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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