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  • Utility RWE  said Tuesday its first-quarter net profit rose nearly 50% on increased sales from its RWE Power unit and said it expects its net profit for the year to rise 10%.

  • U.S. Markets Still Look Best, Fund Manager Says Monday, 14 May 2007 | 3:51 PM ET

    Komal Sri Kumar, chief global strategist for TCW, told CNBC’s “Closing Bell” that for U.S. investors, there’s no place like home.

  • German Court Convicts Former Siemens Officials Monday, 14 May 2007 | 9:15 AM ET

    Two former Siemens officials were convicted Monday of bribery and assisting bribery for their involvement in multimillion-dollar payments to officials at an Italian utility.

  • Five-Star Fund Manager Names 'Above Average' Firms Friday, 11 May 2007 | 9:54 AM ET

    European markets have "huge opportunities," says Jason Holzer. He's the senior portfolio manager of Vanguard's AIM European Small Company A fund. Rated five stars by Morningstar, AIM has had annualized returns of some 38% since 2002. Holzer joined "Squawk on the Street" to talk about the "very strong" European economies -- and how his fund plays them.

  • French state-owned utility EdF on Friday denied a report it contacted management of German utility RWE, or German authorities, in regards to a takeover.

  • Airbus parent EADS said on Thursday first-quarter operating profit plunged after it took a 688 million-euro ($931.3 million) provision at the planemaker as part of its Power8 restructuring programme.

  • Deutsche Telekom Profit Falls, Fixed Lines Slump Thursday, 10 May 2007 | 6:42 AM ET

    Deutsche Telekom, facing its biggest strike in over a decade over planned cost cuts, reported a 5.8% drop in first-quarter core earnings on Thursday but said it was set to meet full-year targets.

  • E.ON's First-Quarter Profit Rises 21% on U.K., Gas Unit Wednesday, 9 May 2007 | 6:51 AM ET

    Germany's E.ON, the world's largest utility, reported first-quarter earnings rose 21%, helped by lower costs in the U.K. and new customers for its gas distribution business.

  • Germany's trade surplus in March rose to 18.4 billion euros ($25 billion) from 14.2 billion in February and 14.1 billion in March last year, according to unadjusted provisional figures from the Federal Statistics Office.

  • Allianz First-Quarter Profit Rises 78% Tuesday, 8 May 2007 | 4:16 AM ET

    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 First-Quarter Net Profit Rises 3.7% Monday, 7 May 2007 | 4:49 AM ET

    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.

  • HeidelbergCement Says May Make Offer for Hanson Thursday, 3 May 2007 | 11:46 AM ET

    Germany's HeidelbergCement said on Thursday it was looking at the possibility of acquiring British building materials company Hanson.

  • MAN's First-Quarter Profit Increased by 47% Thursday, 3 May 2007 | 8:45 AM ET

    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.

  • BMW Posts 38% Fall in First-Quarter Profit Thursday, 3 May 2007 | 8:31 AM ET

    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.

  • German Workers Strike to Push For Wage Increase Wednesday, 2 May 2007 | 11:46 AM ET

    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.

  • German Unemployment Falls in April Wednesday, 2 May 2007 | 4:52 AM ET

    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 Profit Rises Above Expectations Wednesday, 2 May 2007 | 3:52 AM ET

    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.

  • German April Jobless Dipping Below 4 Million Tuesday, 1 May 2007 | 7:09 AM ET

    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.