LONDON, Nov 14 (Reuters) – Germany’s blue-chip DAX stock
index looks set to regain its status as the euro zone’s top
performer by year end, leaving France’s CAC index trailing after
weak results from firms in the bloc’s second biggest economy.
Third-quarter earnings have undershot forecasts across the
region, but Germany has held up the best, and option markets
show investors are betting the DAX will rise further by
the end of 2013 while protecting themselves against falls
LONDON (Reuters) – Britain’s top shares rebounded on Thursday, led higher by energy stocks after the Federal Reserve’s Janet Yellen eased worries the U.S. central bank may start scaling back its stimulus programme this year.
Yellen, in remarks released ahead of the Senate hearing on Thursday to confirm her as new Fed chair, said the central bank had “more work to do” to help the economy. That suggests she is in no hurry to start trimming the bond-buying programme that has fuelled an equity rally this year.
LONDON, Nov 12 (Reuters) – European shares fell on Tuesday,
drifting away from near five-year highs after a poor revenue
report from German chip maker Infineon highlighted weak domestic
demand, which is weighing on this quarterly earnings season.
Infineon fell 5 percent after flagging a revenue
drop at all of its units for the current fiscal quarter, even
though earnings came in above estimates.
LONDON, Nov 12 (Reuters) – European shares edged lower on
Tuesday, drifting away from near five-year highs, after a spate
of disappointing company updates confirmed the trend of weak
demand and poor revenues in the quarterly earnings season.
German chip maker Infineon fell 5 percent after
flagging a revenue drop at all of its units for the current
fiscal quarter, even though earnings came in above estimates.