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  • The Paris- based company said Thursday its net income was 1.05 billion euros, down from 1.12 billion in the first quarter of 2014. Sales were 8.8 billion euros, up 12 percent from last year. Sanofi expects slight growth this year under new CEO Olivier Brandicourt. Sanofi shares were down slightly Thursday morning, to 90.49 euros.

  • *Holcim net 310 million francs vs f'cast 340 mln. *Lafarge shares up 4.5 percent, Holcim up 2.0 percent. ZURICH/ PARIS, April 30- Swiss cement maker Holcim reported a jump in first-quarter net profit on Thursday, helped by asset sales, while its French merger partner Lafarge posted a better than expected rise in operating profit.

  • Nokia earnings miss weighs on European shares Thursday, 30 Apr 2015 | 3:11 AM ET

    LONDON, April 30- European equity indexes were mostly flat to lower early on Thursday, weighed down by a selloff in tech stocks after disappointing numbers from Nokia. Shares in the Finnish firm fell 7.6 percent after it posted quarterly profits clearly below market forecasts at its main telecom network equipment business, citing lower software sales, higher...

  • The disappointing news on the world's biggest economy, coming on top of a worrying slowdown in China, found expression in a warning by New Zealand's central bank that it could cut rates if domestic momentum weakened. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.9 percent. "Risk has been building in the markets for weeks- the mass account...

  • Noble Corp. beats Street 1Q forecasts Wednesday, 29 Apr 2015 | 5:09 PM ET

    LONDON _ Noble Corp. on Wednesday reported first-quarter profit of $178.4 million. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 53 cents per share. Noble Corp. shares have dropped roughly 2 percent since the beginning of the year, while the Standard& Poor's 500 index has increased slightly more than 2 percent.

  • Commerce Department data showed U.S. gross domestic product expanded at an only 0.2 percent annual rate, marking the weakest reading in a year, leading to a lower open on Wall Street. The data hit European shares, which also suffered from weak corporate results from companies such as Delhaize and Norsk Hydro. "People are speculating that we are in a low patch after...

  • *Inventories at Cushing fall for first time since November. Government data showing a smaller-than-expected rise last week in crude inventories throughout the United States also aided sentiment, although some traders felt the market was ignoring bearish elements like higher production. U.S. crude futures were up $1.70 at $58.76 a barrel by 11:58 a.m. EDT,...

  • Commerce Department data showed U.S. gross domestic product expanded at an only 0.2 percent annual rate, marking the weakest reading in a year, leading to a lower open on Wall Street. The data also hit European shares, which already suffered from weak corporate results from companies including Delhaize and Norsk Hydro. The low-rate environment is a bubble in...

  • April 29- Mondelez International Inc, the maker of Cadbury chocolate and Oreo cookies, reported a better-than-expected quarterly profit helped by cost cuts and price increases. Mondelez, whose shares were up 4 percent in premarket trading on Wednesday, said net revenue from North America, its second-largest market after Europe, rose 1 percent to $1.68 billion...

  • LONDON, April 29- The euro and German bond yields rose to their highest level in weeks on Wednesday, after data showed that a measure of bank lending across the bloc stopped shrinking in March and consumer inflation expectations rose for the first time this year. The euro traded above $1.10 and the 10- year German bond yield rose as high as 0.25 percent.

  • LONDON, April 29- Emerging stocks retreated from 7-1/ 2 month highs on Wednesday with investors looking to the U.S. MSCI emerging stocks fell 0.6 percent, taking a breather after six straight days of gains that took the index to its highest level since last September. GDP data and the FOMC, there has been a lot of reshuffling of positions, "said Luis Costa, a senior...

  • KEEPING SCORE: France's CAC-40 fell 0.2 percent to 5,162.61 and Germany's DAX was flat at 11,810.94. Britain's FTSE 100 edged down 0.1 percent to 7,022.70. A Conference Board report on Tuesday showed that consumer confidence unexpectedly fell to its lowest in four months, knocked by a slowdown in hiring.

  • *Europe shares dip on earnings, follow Asia down. LONDON, April 29- Stocks fell in Europe on Wednesday, following Asian stocks lower, while the dollar held near two-month lows before a Federal Reserve policy statement expected to show the U.S. central bank in no hurry to raise interest rates. The euro was up 0.1 percent at $1.0994, having hit a three-week high on...

  • SHANGHAI, April 29- China stocks recouped early losses and ended higher on Wednesday, with a surge in resources stocks and start-up companies offseting losses in banking shares amid signs of sustained investor enthusiasm. China's stock market has almost doubled during the past year, but "this round of bull run is not yet over," said Liu Yang, fund manager at Bosera...

  • GLOBAL MARKETS-Stocks cool, dollar slides ahead of Fed Tuesday, 28 Apr 2015 | 8:24 AM ET

    *Subdued opening seen for Wall Street, European bourses fall. The dollar also weakened and Wall Street was expected to open lower, with more macro data and company earnings set to give the Fed its latest look at the U.S. economy. The figures came just nine days before a British election, which is already brewing doubts about Britain's future cohesion and its...

  • European bourses and the euro also dipped in early trading after both had been boosted on Monday by a revamp of Greece's negotiating team, while the pound tumbled on weak UK growth figures just ahead of next week's tightly contested national election. The figures were seen as loaded with significance coming just nine days before an election and its aftermath,...

  • PARIS— French energy giant Total SA said Tuesday that its net profit slid 20 percent in the first quarter despite a rise in production as slumping oil prices took their toll. The company said net profit for the quarter was $2.66 billion, down from $3.34 billion a year earlier. CEO Patrick Pouyanne said Total is "demonstrating its resilience and profiting from its...

  • Lower oil prices take a slice out of BP's Q1 profits Tuesday, 28 Apr 2015 | 3:10 AM ET

    The London- based company said net income for the quarter was $2.6 billion, compared with $3.5 billion in the same period last year. Underlying replacement cost profit— a measure that strips out fluctuations in the value of reserves— was $2.6 billion compared with $3.2 billion for the same period in 2014.. All of the major oil companies will be taking a hit, said...

  • NEW YORK— Stocks posted modest gains Tuesday as investors worked through another large batch of earnings reports. Earnings season is at its busiest this week, with more than 150 companies reporting their results, including Apple, Exxon Mobil, Ford and others. "This market just feels tired to me," said Dan Morgan, a fund manager at Synovus Trust.

  • *Euro gains on Greece optimism. NEW YORK, April 27- Wall Street fell modestly on Monday following healthcare stocks, but European shares and the euro advanced on optimism over talks between Greece and its lenders after Greece reshuffled its negotiating team. Concerns over Greece have mounted since the country looks set to run out of cash in coming weeks.