European shares closed lower after U.S. growth figures missed expectations pointing to a potential slowdown in the world's biggest economy.
French fashion firm and luxury goods group PPR missed first-quarter sales forecasts, hit by sluggish trading in Europe and slower growth in China. Its stock fell 6.3 percent.
*PPR falls after sales miss* WPP slips after update. LONDON, April 26- Disappointing corporate earnings pushed European shares lower in midsession trade on Friday, halting momentum on indexes which had risen over the previous five sessions.
*Ocado down as grocer dampens Morrison bid speculation. LONDON, April 26- European shares opened lower on Friday, with disappointing earnings encouraging investors to book profits after five straight sessions of gains.
*Ocado down as grocer dampens Morrison bid speculation. LONDON, April 26- European shares opened lower on Friday, with disappointing earnings encouraging investors to book profits after five straight sessions of gains.
LONDON, April 26- European shares were expected to fall on Friday following more than 4 percent gains during a five-session rally, with investors seen trimming their trading positions after some disappointing company earnings. In the United States, after the closing bell, online retailer Amazon. ,UK's FTSE 100, Germany's DAX and France's CAC.
The luxury and sports brand group missed first-quarter sales forecasts, particularly for its Gucci fashion label and Puma sports brand, hit by sluggish trading in Europe and slower growth in China.
COMPANIES Q1 2013 Chevron CVX Q1 2013 Goodyear Tire& Rubber GT.O Q1 2013 American Electric Power AEP Q1 2013 AbbVie Inc ABBV Q1 2013 Aon plc AON Q2 2013 D.R. Horton DHI Q1 2013 DTE Energy Company DTE Q1 2013 FLIR Systems, Inc. FLIR.O Q1 2013 National Oilwell Varco NOV Q1 2013 Simon Property Group, Inc. SPG Q2 2013 Tyco International TYC Q1 2013 VF CORP VFC Q1 2013 Ventas VTR Q1 2013 Weyerhaeuser Co. WY MACRO DATA 0600 DE Import Prices 0645 FR Consumer Confidence 1230 US Real GDP Adv Q1 1230 US PCE Price 1355 US Reuters/Univ Mich 1430 US ECRI Weekly Reuters messaging rm:// atul.prakash.thomsonreuters.com@reuters.net.
NABLUS, West Bank, April 17- Nestled in a basin in the northern West Bank, the city of Nablus was for millennia a Palestinian cultural and commercial hub, attracting traders to its souk in the heart of the old town.
*European Commission worried about possible state subsidies. BRUSSELS, April 16- The European Union's trade chief will seek the backing of EU states to investigate Chinese telecoms equipment makers Huawei and ZTE, even without a complaint from European manufacturers, EU diplomats said on Tuesday.
*Huawei already supplier of T.Italia, Vodafone, 3 Italia. MILAN, April 12- Italian mobile phone operator Wind is to spend 1 billion euros on building a fourth-generation mobile broadband network to step up competition to rivals Telecom Italia and Vodafone.
BEIJING, March 15- China has eased strict cross-border currency rules for 13 multi-national firms including Samsung and Shell in a scheme that further cranks open its tightly controlled capital account, financial sector sources told Reuters.
European shares rose on Thursday, resuming the two-week rally that has propelled indexes to multi-year highs.
*China Mobile's spending plans boost telecom gear makers. Shares in European telecom gear makers rallied, with Ericsson up 2.5 percent and Alcatel-Lucent up 3 percent, after the world's largest mobile carrier China Mobile said it plans to spend $6.7 billion to develop 4 G technology this year.
Nicola Palmer, chief technology officer of Verizon Wireless, said the U.S. carrier would deploy up to 300 4 G small cells this year and "a lot more in 2014".
BRUSSELS, Feb 27- China has until June 7 to negotiate a deal with the European Union on state subsidies for solar panels and mobile telephone networks or face possible punitive measures, the EU's trade chief said on Wednesday.
U.S. stock index futures were higher across the board Friday after stocks logged their sharpest two-day drop this year and following comments from St. Louis Federal Reserve Bank President James Bullard that the central bank's aggressive easy money policy will stay for a "long time."
PARIS, Feb 22- Loss-making telecom equipment maker Alcatel-Lucent has picked Michel Combes, the Frenchman who steered Vodafone's European business through the financial crisis, as its new chief executive.