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Oct 24, 2014

FTSE falls, still set for strongest week since August

LONDON (Reuters) – Britain’s top share index was set for its strongest week since August despite dropping on Friday, when airlines and hotel stocks were hit by news that a New York City doctor had tested positive for the Ebola virus.

The FTSE 100 was 0.3 percent lower at 6,402.39 points by 1218 BST. It was still up 1.5 percent for the week, extending a rebound from 15-month lows hit last week.

Oct 24, 2014

Britain’s FTSE falls, still set for strongest week since August

LONDON, Oct 24 (Reuters) – Britain’s top share index was set
for its strongest week since August despite dropping on Friday,
when airlines and hotel stocks were hit by news that a New York
City doctor had tested positive for the Ebola virus.

The FTSE 100 was 0.3 percent lower at 6,402.39
points by 1118 GMT. It was still up 1.5 percent for the week,
extending a rebound from 15-month lows hit last week.

Oct 23, 2014

Wall Street lifts European shares despite earnings drag

EDINBURGH, Oct 23 (Reuters) – European stocks edged higher
in choppy trade on Thursday, buoyed by strength on Wall Street
but hindered by weak corporate results from companies including
French tyre-maker Michelin.

The pan-European FTSEurofirst 300 also benefited
from better-than-expected euro zone business activity data,
although it still spent most of the day in negative territory
until U.S. stock futures turned higher.

Oct 23, 2014

Earnings weigh on European shares as companies hit by global exposure

EDINBURGH, Oct 23 (Reuters) – European stocks fell on
Thursday, hindered by weak corporate results from companies
including French tyre-maker Michelin, despite
receiving support from better-than-expected euro zone business
activity data.

Michelin and Unilever cited poor demand from
emerging markets as the former cut its full-year revenue goal
and the latter reported weaker-than-expected quarterly sales.
Unilever’s London-listed shares were down 2.4 percent.

Oct 22, 2014

Earnings, U.S. data help European shares regain after stress-test scare

EDINBURGH, Oct 22 (Reuters) – European shares nudged higher
on Wednesday, supported by a raft of positive corporate earnings
and mild inflation data from the United States which may
encourage the U.S. Federal Reserve to keep interest rates lower
for longer.

However, the session was volatile, with euro zone banks
under pressure early on after Spain’s EFE news agency
reported that several European lenders might fail EU bank stress
tests.

Oct 22, 2014

Earnings, U.S. data help European shares regain poise after stress-test scare

EDINBURGH, Oct 22 (Reuters) – European shares nudged higher
on Wednesday, supported by a raft of positive corporate earnings
and mild inflation data from the United States which may
encourage the U.S. Federal Reserve to keep interest rates lower
for longer.

However, the session was volatile, with euro zone banks
under pressure after Spain’s Efe news agency reported
that several European lenders might fail EU bank stress tests.

Oct 22, 2014

European shares pinned back after report of bank stress-test failures

EDINBURGH, Oct 22 (Reuters) – European shares briefly gave
up early gains on Wednesday, after a report that at least 11
banks are set to fail this weekend’s stress tests took the shine
off of a raft of positive corporate earnings reports.

Euro zone banks fell over one percent after Spain’s
Efe news agency reported that least 11 banks from six European
countries are set to fail the region-wide financial health check
this weekend, citing several unidentified financial sources.

Oct 20, 2014

European stocks fall, led by tech shares after SAP profit warning

EDINBURGH, Oct 20 (Reuters) – European stocks fell on
Monday, trimming gains made in the previous session, as a profit
warning by SAP hit technology shares.

Shares in the German business software maker plunged 5.8
percent after it cut its outlook for full-year operating profit,
joining a succession of profit and sales warnings from tech
groups in the past few weeks.

Oct 20, 2014

Tech leads European stocks lower after SAP profit warning

EDINBURGH, Oct 20 (Reuters) – European stocks fell on
Monday, trimming lofty gains made in the previous session, with
SAP’s profit warning hitting shares in the tech
sector.

Shares in the German business software maker plunged 6.6
percent after it cut its outlook for full-year operating profit,
joining a succession of profit and sales warnings from tech
groups in the past few weeks.

Oct 20, 2014

European stocks trim Friday’s gains; SAP drops after profit warning

EDINBURGH, Oct 20 (Reuters) – European stocks fell early on
Monday, trimming lofty gains made in the previous session, with
SAP’s profit warning hitting shares in the tech
sector.

Shares in the German business software maker fell 4.1
percent after it cut its outlook for full-year operating profit,
echoing a raft of profit and sales warnings from other tech
groups in the past few weeks.

    • 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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