European shares closed broadly higher on Tuesday, as investors focused on key data from the euro zone rather than the geopolitical risk posed by the protests in Hong Kong.» Read More
A top DaimlerChrysler executive is scheduled to meet in New York this week with bidders for the German auto maker's Chrysler unit but it appears that billionaire Kirk Kerkorian's Tracinda isn't among those on the invitation list, The Wall Street Journal reported.
Shares in German sportswear maker Puma rose after French luxury-to-retail giant PPR (up 2.61%) made a 5.3 billion euro ($7.1 billion) takeover bid for the company.
Shares in Air France-KLM increased on Friday after Deutsche Bank upgraded the stock to “buy” from “hold”.
Dutch food retailer Ahold is looking to buy the Dutch-based retail franchise Hema, recently put up for sales, possibly for more than 1 billion euros ($1.34 billion), a newspaper reported on Thursday.
John Thain, chief executive officer of the New York Stock Exchange, told CNBC’s “Closing Bell” that different listing standards in the United States and Europe create an opportunity – not a barrier – for Euronext.
The newly merged transatlantic exchange operator NYSE Euronext made its debut in Paris when it started trading as a combined company on Wednesday.
Shares in the world’s largest utility E.ON increased considerably after it gave up its 42 billion euro bid ($56 billion) for Spanish utility company Endesa (down 0.69%), agreeing to split it up with rivals.
Shares of Italy’s Pirelli soared to 9.67% Monday morning after it revealed late Sunday that it was in talks with U.S. telecom giant AT&T and its Mexican affiliate America Movil to sell two-thirds of its 80% stake in holding company Olimpia for 2.82 euros a share less debt.
Risk to euro zone inflation remain and the European Central Bank will do what is necessary to ensure stable prices, the authority's president, Jean-Claude Trichet, said in newspaper interviews published on Monday.
Cap Gemini’s shares increased 2.37% in Paris trade Friday after Exane BNP Paribas upgraded the IT group from ‘neutral’ to ‘outperform’, citing the company’s strong growth prospects based on its business mix, cost control and use of off-shoring.
Dutch Philips Electronics , confirming its financial targets at its annual shareholders' meeting on Thursday, said it is looking at takeovers and ways to return excess cash to shareholders.
Shares of caterer Compass Group gained 5.78% in midday London trading Thursday after it reported that trading in the first 5 months of the year has been ahead of its expectations and the sale of its European vending business is progressing.
Danish shipping giant A.P. Moller-Maersk's full-year profit fell 22% after freight shipping rates fell and as the government raised its tax rate on oil and gas activities, the company said Wednesday.
Spanish market regulator CNMV said it had taken note of Enel and Acciona's joint takeover plan for Endesa and reiterated no bid could be made for six months.
Despite concern over the U.S. economy, European finance ministers stuck to forecasts of solid economic growth in their part of the world this year as a second day of policy talks got underway in Brussels on Tuesday.
Transatlantic exchange operator NYSE Euronext's bid for Euronext shares has been accepted by holders of 91.42% of the Paris-based group's shares, French market watchdog AMF said on Tuesday.
Here are some of Monday's big movers on European stock markets
Here some of Friday's big movers on European stock markets
Some executives within Citigroup are pushing for the U.S. banking giant to make a bid for ABN AMRO, which is in discussions about a possible merger with Barclays, the Wall Street Journal reported on Friday.
The European Union approved an aviation deal with the United States that opens up restricted trans-Atlantic routes to new rivals, but bowed to British concerns in delaying when the agreement takes effect.