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Dec 29, 2014

European shares hit by Greek stocks as Athens vote looms

LONDON, Dec 29 (Reuters) – Greek shares slumped on Monday,
knocking European stock markets, after lawmakers rejected the
government’s candidate for president, leaving Greece facing a
snap election that could derail its bailout programme.

Sole candidate Stavros Dimas, a former European
Commissioner, fell short of the 180 vote supermajority needed to
become president. He secured 168 votes in parliament, the same
score he achieved in the second round.

Dec 24, 2014

Smith & Nephew outperforms sluggish European markets

LONDON, Dec 24 (Reuters) – Bid speculation drove up the
shares of medical devices maker Smith & Nephew on
Wednesday, allowing it to outpace sluggish European stock
markets in a shortened session ahead of the Christmas break.

The 7.7 percent jump in Smith & Nephew, after Bloomberg News
reported U.S. rival Stryker was planning a takeover
offer for it, allowed Britain’s blue-chip FTSE 100 index
to end 0.2 percent higher at 6,609.93 points.

Dec 23, 2014

Greek uncertainty curbs European stock gains

LONDON, Dec 23 (Reuters) – A fall in Greek stocks kept a lid
on gains in European equities on Tuesday, as the Athens bourse
was hit by the prospect of early elections that could put
Greece’s rescue package at risk.

The pan-European FTSEurofirst 300 index closed up
0.6 percent at 1,374.80 points, with the index up 4.4 percent
since the start of 2014.

Dec 23, 2014

Greek losses curb gains on European stock markets

LONDON, Dec 23 (Reuters) – A fall in Greek stocks kept a lid
on gains in European equities on Tuesday, as the Athens bourse
was hit by the prospect of early elections that could put
Greece’s rescue package at risk.

The pan-European FTSEurofirst 300 index was up by
0.6 percent at 1,374.59 points going into the close of the
trading session, with the index up 4.4 percent since the start
of 2014.

Dec 23, 2014

Greek losses curb European gains on European stock markets

LONDON/PARIS, Dec 23 (Reuters) – A pullback on the Greek
stock market on fears of early elections kept a lid on gains in
European equities on Tuesday.

Dutch animal feed company Nutreco also fell,
sliding 5 percent after U.S. commodities company Cargill
said it was dropping a bid for Nutreco.

Dec 22, 2014

Europe stocks end higher; Greek shares rally

PARIS, Dec 22 (Reuters) – European equities ended higher on
Monday, rising for the fifth session in a row, with Greek shares
boosted by the prime minister’s offer to bring pro-European
independents into the government.

Bucking the trend, shares in Italian lender Banca Monte dei
Paschi di Siena shed 6.9 percent, hit by renewed fears
of big writedowns on poorly performing loans.

Dec 22, 2014

Bouncing energy shares help European stocks extend rally

PARIS, Dec 22 (Reuters) – A rebound in most energy shares
drove European equities higher on Monday, while Greece’s bourse
was also boosted by the country’s prime minister offering to
bring pro-European independents into the government.

Bucking the trend, shares in Italian lender Banca Monte dei
Paschi di Siena shed 7.3 percent, hit by renewed fears
of big writedowns on poorly performing loans.

Dec 22, 2014

Energy shares and Greek rebound lift European equities

LONDON, Dec 22 (Reuters) – Rising energy shares drove
European equities higher on Monday, while Greece’s bourse also
advanced after the country’s prime minister offered on Sunday to
bring pro-European independents into the government.

However, French semiconductor engineering group Soitec
lost more than half of its stock market value after it
cut its earnings guidance.

Dec 18, 2014

Old Mutual and IAG outperform as Britain’s FTSE jumps nearly 2 pct

LONDON, Dec 18 (Reuters) – Britain’s main equity index
enjoyed one of its best days so far this year on Thursday, as
the U.S. Federal Reserve’s pledge for a “patient approach” to
any interest rate increase lifted stock markets around the
world.

Financial services company Old Mutual and British
Airways owner International Consolidated Airlines Group (IAG)
were among the best performers on the blue-chip FTSE
100 index.

Dec 18, 2014

Rise of the car-sharing apps poses threat to auto sector

LONDON, Dec 18 (Reuters) – The humble smartphone could throw
a spanner in the works of the car sector’s post-crisis
turnaround, with the big manufacturers facing a long-term threat
from apps that make it easier and cheaper to share or hire
vehicles than to buy them.

Investor sentiment is on a knife edge. Car sales are back in
recovery mode in most major European markets, yet the fragility
of the turnaround could yet be exposed by another economic
slowdown while investors have flagged the potential danger posed
by web-based services further down the road.