CNBC's Michelle Caruso-Cabrera reports on all the market moving events in Europe today, including the German 10-year moving even lower, and Greece has submitted a list of reforms.» Read More
Insurer Allianz confirmed Tuesday that its first-quarter profit rose 78% on sales of stakes in BMW and retailer KarstadtQuelle, which helped offset claims from a storm that walloped parts of Europe in January.
Deutsche Bank became the latest bank to benefit from strong markets on Tuesday when it reported that trading helped it reach a record profit in the first three months of the year.
Adidas, the maker of athletic apparel and sporting goods, said Tuesday its net profit fell 11% in the first quarter as marketing costs related to the Reebok brand and the comparison with last year's World Cup cut into profits.
Puma slashed its full-year sales guidance to "low single-digit" growth from a previous forecast of "mid to high single-digit" growth due to weak increases in new orders at the end of the first quarter.
Germany's HeidelbergCement said on Thursday it was looking at the possibility of acquiring British building materials company Hanson.
Truck maker MAN, which failed in its plan to buy Scania, said Thursday its first-quarter profit rose 47% as demand for its trucks and cost-cutting plans bore fruit for the company.
Luxury car maker BMW said Thursday its first-quarter profit dropped 38% as it spent more money on launching new models and because last year's figure included a one-time gain.
More than 60,000 workers in Germany's engineering and metalworking sector took part in temporary stoppages on Wednesday, turning up the pressure on employers the day before a key round of wage negotiations.
Unemployment in Germany continued to decline, with the rate reaching 9.5% in April with fewer people out of work as companies sought to fill vacancies amid an economic turnaround.
Allianz said first-quarter net profit rose to 3.2 billion euros ($4.4 billion) from 1.8 billion euros ($2.4 billion) on a "very favourable development" on the capital markets.
The number of unemployed people in Germany fell to 3.967 mln in April, dipping below the politically key mark of 4 million for the first time in several years, said Labour Minister Franz Muentefering.
German retail sales were up 0.5% in real terms in March compared with March 2007 and down 0.7% from February this year, according to preliminary figures from the Federal Statistics Office.
Veolia Environnement, a French waste management and water company, said Friday it and two private equity firms will buy German rival Sulo in a deal worth 1.45 billion euros ($2 billion).
German chipmaker Infineon missed expectations with a wider second-quarter operating loss for its core, non-memory units mainly due to charges relating to the insolvency of a major client.
German chemical company BASF said its first-quarter earnings rose nearly 9%, lifted in part by its acquisition last year of U.S. catalyst maker Engelhard.
German business confidence rose unexpectedly this month despite the euro's increasing strength, a closely watched survey showed Wednesday, and the government underlined the growing optimism by raising its outlook for Europe's biggest economy.
Siemens' outgoing supervisory board chairman, who is departing amid corruption scandals at the company, said in an interview published Sunday that he knew nothing about alleged improper payments during his time at the helm and is leaving with his "head held high."
Germany's SAP met analysts' forecasts for sales of new software licenses but missed expectations for earnings after a difficult first quarter in which it lost a top manager and faced a lawsuit from a rival.
Porsche said Thursday it had filed its formal takeover offer for Volkswagen with German regulators, a required step after it lifted its stake in the maker of the iconic Beetle.
Producer prices in Germany rose 0.3% in March from February and rose 2.5% from March last year, the Federal Statistics Office said.