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Jun 19, 2014

UK’s FTSE rallies as Rolls-Royce races higher

LONDON, June 19 (Reuters) – Britain’s benchmark equity index
rallied on Thursday, lifted by Rolls-Royce after the
aircraft engines maker surged on the back of its plans for a 1
billion pound ($1.69 billion) share buyback.

The London market was also lifted by gains overnight on the
U.S. and Asian equity markets, after the U.S. Federal Reserve
said the U.S. economy was making progress.

Jun 18, 2014

Rise in oil firms’ shares keeps European equities steady

LONDON, June 18 (Reuters) – European stock markets were
steady on Wednesday, hovering near multi-year highs reached last
week and supported by shares in major energy companies as
violence in Iraq pushed up oil prices.

However, many investors were reluctant to buy new positions
as they awaited the conclusion of the U.S. Federal Reserve’s
two-day policy meeting later in the day.

Jun 18, 2014

Rise in oil companies’ shares steadies European equities

LONDON, June 18 (Reuters) – European stock markets were
steady on Wednesday, hovering near multi-year highs reached last
week, supported by shares in major energy companies as violence
in Iraq pushed up oil prices.

However, many investors were reluctant to buy new positions
as they awaited the conclusion of the U.S. Federal Reserve’s
two-day policy meeting later in the day.

Jun 18, 2014

Rise in Aegon ensures gains for European equities

LONDON, June 18 (Reuters) – European stock markets edged up
on Wednesday to go back within reach of multi-year highs reached
last week, with insurer Aegon rallying after
announcing a share buyback programme.

However, gains on the stock markets were capped as investors
awaited the end of the U.S. Federal Reserve’s two-day policy
meeting later in the day.

Jun 17, 2014

Gains in healthcare stocks prop up European equities

LONDON, June 17 (Reuters) – European stock markets rose on
Tuesday, to claw back ground lost in previous sessions, as new
signs of possible takeover activity pushed up major healthcare
and pharmaceutical stocks.

The pan-European FTSEurofirst 300 index rose by 0.2
percent to 1,387 points, after falling in the last two sessions
from 6-1/2 year highs.

Jun 17, 2014

Gains in Germany’s DAX prop up European shares

LONDON, June 17 (Reuters) – Gains in Germany’s DAX
equity index and new signs of corporate takeover activity
propped up European stock markets on Tuesday, enabling them to
claw back lost ground.

The pan-European FTSEurofirst 300 index, which had
fallen in the last two sessions from 6-1/2 year highs, edged
back up by 0.1 percent to 1,385.05 points.

Jun 13, 2014

UK markets scramble to price in 2014 rate rise after Carney warning

LONDON, June 13 (Reuters) – Investors braced on Friday for a
UK interest rate hike later this year, pushing sterling to
five-year highs and hurting property stocks, after the Bank of
England’s head said rates may rise sooner than markets expect.

Bank of England Governor Mark Carney’s surprisingly stark
warning late on Thursday prompted investors to bring forward
expectations for a first BoE rate hike by nearly four months, to
December from the first quarter of 2015.

Jun 11, 2014

European shares retreat as Lufthansa drags down travel stocks

LONDON, June 11 (Reuters) – European equity markets
retreated from multi-year highs on Wednesday as a profit warning
from German airline Lufthansa hit travel stocks.

Lufthansa slumped by 14.2 percent in heavy volume after the
company said it would not reach its profit targets for the next
two years, and the fall in its share price dragged other
airlines down with it.

Jun 11, 2014

European shares retreat as Lufthansa’s woes hit travel stocks

LONDON, June 11 (Reuters) – European equity markets fell on
Wednesday as a profit warning from German airline Lufthansa
hit travel stocks.

Lufthansa slumped by 14 percent in heavy volume after the
company said it would not reach its profit targets for the next
two years, and the fall in its share price dragged other
airlines down with it.

Jun 11, 2014

European shares fall as Lufthansa warning hits travel stocks

LONDON, June 11 (Reuters) – European equity markets fell on
Wednesday as a profit warning from German airline Lufthansa
hit travel stocks.

Lufthansa slumped by 14.7 percent in heavy volume after the
company said it would not reach its profit targets for the next
two years, and the fall in its share price dragged other
airlines down with it.