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  • European shares rise, led by LVMH and Greek banks Wednesday, 4 Feb 2015 | 10:49 AM ET

    PARIS, Feb 4- European stocks rose on Wednesday as better-than-expected results from LVMH sparked a rally in the shares of luxury goods makers while Greek banks continued to recover on hopes of a deal with the EU on Greece's debt. "Sales growth was particularly solid in the United States and Japan," Barclays France director Franklin Pichard said.

  • GSK sales falls; firm upbeat on respiratory unit Wednesday, 4 Feb 2015 | 8:45 AM ET

    Shares of GlaxoSmithKline jumped on Wednesday, despite the company posting a 3 percent fall in full-year revenue.

  • *Germany's DAX share index hits new record high. Athens' benchmark index ATG ended 11.3 percent higher, the biggest one-day percentage gain since August 2011. National Bank of Greece, Alpha Bank and Eurobank rose by 13.9 to 20.8 percent.

  • *Germany's DAX index hits record high. National Bank of Greece, Alpha Bank and Eurobank rose by 14.0 to 20.8 percent. Greek Finance Minister Yanis Varoufakis, in London on Monday to reassure private investors that he was not seeking a showdown with Brussels over a new debt agreement, said the new left-wing government would spare privately held bonds from losses, a...

  • BP's Dudley: Oil may stick at $50 'for some time' Tuesday, 3 Feb 2015 | 5:34 AM ET
    BP CEO Bob Dudley pauses during a news conference at the company's headquarters in London.

    Oil prices may remain at $50 per barrel "for some time," the CEO of BP told CNBC, after the supermajor reported a impairment charge of $3.6 billion.

  • TOKYO, Jan 30- Asian shares wavered between positive and negative territory on Friday, as a late earnings-led surge on Wall Street helped counter persistent concerns over global growth and sagging Chinese shares. Spreadbetters predicted the U.S. lustre would rub off on European bourses when they opened, with Britain's FTSE 100 expected to open up around 19...

  • UPDATE 1-Greek bank shares edge back up off record lows Thursday, 29 Jan 2015 | 4:49 AM ET

    *Morgan Stanley issues upbeat note on Greek bank shares. The Athens Stock Exchange FTSE Banks Index, which had slumped 27.7 percent on Wednesday to hit all-time lows, rose 6 percent, with investors encouraged by a note from U.S. bank Morgan Stanley. "With Greek bank stocks down up to 30 percent yesterday and down 40 percent in the last week, we re-iterate the long-term...

  • Europe stocks dip; Greek shares extend retreat Wednesday, 28 Jan 2015 | 4:46 AM ET

    PARIS, Jan 28- European shares dipped in early trading on Wednesday, with Greek stocks extending their sell-off sparked by the victory of leftwing Syriza party in Sunday's election. Shares of Greek utility PPC and Greece's biggest port, Piraeus Port Authority, fell by 6.6 and 8.3 percent respectively after the new government said it would freeze privatization...

  • PARIS, Jan 26- European stocks were set to fall at the open on Monday, trimming some of last week's sharp gains, as Greece's Syriza party promised to roll back austerity measures after sweeping to victory in a snap election. Financial spreadbetters expected Britain's FTSE 100 to open around 67 points lower, or down 1 percent, Germany's DAX to open 114 points lower, or...

  • *Euro slumps towards $1.11 to 11- year low, bond yields reach new lows. LONDON, Jan 23- The European Central Bank's plan to pump out about 1 trillion euros to revive the euro zone economy put stocks in the region on track for their best week since 2011 but hammered the shared currency. Oil prices rose on hopes for a boost to global growth from the ECB's landmark move,...

  • TOKYO, Jan 23- Asian stocks extended a global rally on Friday after the European Central Bank launched a landmark bond-buying stimulus programme that buoyed investors' risk appetite, drove bonds higher and kept the euro pinned near 11- year lows. Spreadbetters expect Europe to retain the previous session's sunny mood, forecasting Britain's FTSE to open up by...

  • ECB planned bond buys reported at 50 billion euros a month. TOKYO, Jan 22- Asian shares held near eight-week highs on Thursday as investors bet on the likely size and scope of a bond-buying programme the European Central Bank is poised to unveil later in the day as it attempts to revive the flagging euro zone economy. Britain's FTSE was forecast to open flat,...

  • PARIS, Jan 21- European shares paused on Wednesday after a four-day rally driven by expectations the European Central Bank is about to launch quantitative easing had taken them to seven-year highs. ASML NV outperformed, however, rising 4.6 percent after the world's second-largest maker of semiconductor production equipment posted better-than-expected...

  • LONDON, Jan 19- European stocks and bonds rose on Monday as investors shrugged off the steepest fall in Chinese shares for over six years and bet the European Central Bank will unveil a bond-buying economic stimulus package later this week. While European investors were in a relatively bullish mood on Monday, Greece and China remained risks and the dust...

  • LONDON, Jan 15- Frantic trading after the Swiss National Bank scrapped its euro cap on the franc on Thursday drove Swiss stocks down nearly 9 percent, their biggest one-day percentage fall for at least 25 years. One trader described the central bank's move as "carnage", while Swatch Chief Executive Nick Hayek called the franc's surge in value against the euro an...

  • TOKYO, Jan 15- Asian stocks mostly edged up on Thursday after a significant rebound in oil and copper prices brought a semblance of calm, while the dollar regained ground lost on disappointing U.S. retail sales. Spreadbetters saw the upward momentum for risk assets being retained in Europe, forecasting Britain's FTSE to open up by as much as 0.5 percent and...

  • European shares buoyed by rise in retail stocks Tuesday, 13 Jan 2015 | 6:23 AM ET

    *Traders eye Greece and Italy Presidency situations. PARIS, Jan 13- A rise in retail shares pushed up European equities on Tuesday, while expectations of new economic stimulus measures from the European Central Bank also propped up stock markets. German retailer Metro AG climbed 3 percent after it reported strong Christmas sales.

  • *European shares rise as Shire buys NPS Pharmaceuticals. The pan-European FTSEurofirst 300 index rose 0.3 percent to 1,352.67 points after Shire Plc agreed to buy NPS Pharmaceuticals for $5.2 billion. The euro zone's blue-chip Euro STOXX 50 index advanced 0.6 percent and Britain's FTSE 100 climbed 0.3 percent, helped by a 1.4 percent rise in Shire.

  • Rise in healthcare stocks lifts European equities Monday, 12 Jan 2015 | 3:20 AM ET

    LONDON, Jan 12- A rise in healthcare shares, following renewed signs of industry consolidation after Shire Plc agreed to buy NPS Pharmaceuticals for $5.2 billion, lifted European equities on Monday. "The Shire deal is likely to mean that there will be no fresh bid speculation coming through on Shire itself, although the ongoing consolidation within the industry...

  • But spreadbetters expected the rebound in equities to peter out in Europe ahead of the U.S. employment data, forecasting Britain's FTSE and Germany's DAX to open little changed and France's CAC to start a shade lower. But optimism about the U.S. economy and prospects of more stimulus from the European Central Bank and China have diffused risk aversion for the...