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Sep 11, 2013

European shares rise as ARM gets new iPhone boost

LONDON, Sept 11 (Reuters) – European shares scaled fresh
highs on Wednesday with chip designer ARM Holdings leading the
gainers on expectations of a boost to earnings after its partner
Apple unveiled two new iPhones.

ARM’s shares rallied 4.6 percent after Apple
revealed a new flagship phone using the British designer’s
latest technology.

Sep 11, 2013

ARM rallies to help keep European shares near 3-month highs

LONDON, Sept 11 (Reuters) – Chip designer ARM topped the
list of European gainers early on Wednesday after its partner
Apple unveiled two new iPhones while the receding threat of U.S.
military action in Syria helped keep European shares near
three-month highs.

The potential for an earnings boost from Apple’s
new iPhone was enough to raise chip designer ARM Holdings
to the top of the FTSEurofirst 300 gainers list.

Sep 9, 2013

Drop in BG Group output fuels FTSE 100′s fall

LONDON, Sept 9 (Reuters) – Energy major BG Group
pulled the UK’s top share index slightly lower on Monday after
the oil and gas firm said project delays would hit 2014 oil
output.

BG, Britain’s 13th largest listed company by market
capitalisation, opened down as much as 4 percent and knocked
more than 5 points off the FTSE 100. It said delays at projects
in Egypt and Norway would reduce its 2014 production by around
30,000 barrels of oil equivalent per day.

Aug 30, 2013

FTSE 100 runs out of energy as oil price falls on Syria

LONDON, Aug 30 (Reuters) – British stocks opened little
changed on Friday although heavyweight energy shares were under
pressure as the price of oil fell after the government’s defeat
in parliament over particpating in any U.S.-led military action
against Syria.

Energy shares, which had spiked in tandem with
oil prices when the prospect of attacking Syria appeared
imminent earlier in the week, took around 7 points off the FTSE
100 as the cost of oil tracked back.

Aug 29, 2013

European shares stage late recovery, boosted by Vodafone

LONDON, Aug 29 (Reuters) – Bumper gains among telecom stocks
powered a rebound in European shares in late trade on Thursday
after Vodafone confirmed it was in talks with Verizon
to sell out of its U.S. joint venture.

The FTSEurofirst 300 was up 0.8 percent at 1,208.20
points by 1455 GMT, led by a 3.5 percent rise in telecoms
stocks. The index had dropped some 2 percent in the last two
days.

Aug 28, 2013

Travel firms drag European shares lower on Syria threat

LONDON, Aug 28 (Reuters) – The threat of an attack by
Western powers on Syria contributed to falls in European shares
on Wednesday with travel stocks bearing the brunt of investor
concerns, but a spike in oil prices boosted energy suppliers.

Approaching the close, the FTSEurofirst 300 was
down 4.58 points or 0.4 percent at 1,197.78, by 1420 GMT, with
the index testing technical support around 1,192, having broken
below the 50-day moving average.

Aug 27, 2013

Mounting Middle East tensions fuel FTSE 100 retreat

LONDON, Aug 27 (Reuters) – Financials and miners dragged
Britain’s FTSE 100 lower on Tuesday as tensions in Syria and
prospects of stimulus withdrawal by the U.S. Federal Reserve
crimped risk appetite.

Reopening after a public holiday, London’s blue-chip
shed 51.13 points, or 0.8 percent to 6,440.97, costing the index
all the previous session’s gains, albeit in low volumes.

Aug 27, 2013

Syria, stimulus concerns knock FTSE

LONDON (Reuters) – Financials and miners dragged the FTSE 100 lower on Tuesday with the index struggling for momentum as concerns about possible intervention in Syria and stimulus withdrawal by the U.S. Federal Reserve crimped risk appetite.

Reopening after a public holiday, London’s blue-chip index shed 37.47 points, or 0.6 percent to 6,454.63, by 1027 GMT, albeit in low volumes.

Aug 27, 2013

Syria, stimulus concerns knock Britain’s FTSE

LONDON, Aug 27 (Reuters) – Financials and miners dragged
Britain’s FTSE 100 lower on Tuesday with the index struggling
for momentum as concerns about possible intervention in Syria
and stimulus withdrawal by the U.S. Federal Reserve crimped risk
appetite.

Reopening after a public holiday, London’s blue-chip index
shed 37.47 points, or 0.6 percent to 6,454.63, by 1027
GMT, albeit in low volumes.

Aug 22, 2013

European shares rebound as PMIs show recovery taking hold

LONDON, Aug 22 (Reuters) – European stocks received a boost
on Thursday as economic data from the euro zone indicated a
recovery was taking hold, potentially providing an uplift to
earnings into the year-end.

By 1422 GMT, European shares were enjoying their
best session since early July, rebounding 13.65 points, or 1.1
percent to 1,221.36, following falls over the last three days.