The "Fast Money" traders share their final trades of the day.» Read More
HELSINKI, April 29- Nokia named the man who led a turnaround at its main telecoms network business as its new chief executive on Tuesday, boosting investors' confidence in the future of the company following the sale of its once dominant handset arm.
*Infineon, Nokia lead rally in tech shares after results beat. LONDON, April 29- European shares rose on Tuesday, led by tech shares as estimate-topping results from chipmaker Infineon and telecommunication gear maker Nokia brightened the outlook for the sector.
Rajeev Suri will become the new chief executive of Finnish telecommunications gear maker Nokia, the company said on Tuesday.
*Nokia says to focus on three remaining businesses. HELSINKI, April 29- Finnish telecommunication gear maker Nokia promoted Rajeev Suri, the head of its biggest division, to chief executive on Tuesday, tasking him with charting its future growth without the mobile phone unit for which it was best known.
*Nokia says to focus on three remaining businesses. HELSINKI, April 29- Rajeev Suri will become the new chief executive of Finnish telecommunications gear maker Nokia, the company said on Tuesday, adding that it would return an extra 1 billion euros to shareholders from the sale of its phone unit.
MEXICO CITY, April 28- In his first year in power, Enrique Pena Nieto raced to push through Congress the most ambitious reforms Mexico has seen in a generation, raising hopes of a new dawn for Latin America's second largest economy.
*No tech bubble seen in Europe since fewer big web firms. PARIS, April 25- European technology stocks are ripe for a rebound as investors look for bargains following a sharp sell-off in pricey U.S. tech and internet firms that spilled over into Europe and Asia.
*Sees 1st- qtr revenue of $617.8 mln- $642.5 mln vs est $638.4 mln. Shares of Xilinx, which also reported weaker-than-expected profit for the quarter ended March 29, were down 5 percent in extended trade. Xilinx said it expected first-quarter revenue to stay flat or rise up to 4 percent sequentially.
*Wall Street edges lower after six-day S&P rally. In Europe, rising worries over Ukraine also weighed, offsetting data that showed Germany continued to power the euro zone's recovery. Strong results from Boeing failed to inspire Wall Street investors to keep pushing equities higher.
In Europe, rising worries over Ukraine also weighed, offsetting data that showed Germany continued to power the euro zone's recovery. Strong results from Boeing failed to inspire Wall Street investors to keep pushing equities higher.
European shares closed lower on Wednesday as investors reacted to a slew of earnings news and data released in the euro zone.
*Results from ARM, Ericsson cast shadow on tech earnings. LONDON, April 23- European shares snapped a three-day winning streak on Wednesday, with tech stocks hit by disappointing results from Ericsson and chip designer ARM Holdings, casting fresh shadows on the sector's earnings picture.
STOCKHOLM, April 23- Ericsson, the world's biggest mobile telecom equipment maker, missed first-quarter sales and profit forecasts as its work to rollout faster fourth-generation networks failed to offset the ending of older projects.
*Ericsson falls after earnings miss. *Primark gives Associated British Foods a lift. LONDON, April 23- European shares fell on Wednesday, retracing some of the previous session's strong gains as investors responded to weak earnings from Ericsson and mixed data out of the euro zone.
Mobile telecom gear maker Ericsson posted sales and first-quarter operating profit below expectations.
*Ericsson falls after earnings miss. LONDON, April 23- French blue-chip shares underperformed their German counterparts on Wednesday after survey data showed that the recovery in France is still weaker than the euro zone's biggest economy. "The gap between France and Germany is clearly widening," IG analyst David Madden said.
LONDON, April 23- European shares edged lower on Wednesday after strong gains in the previous session, pegged back following an earnings miss from Ericsson and weaker-than-expected French data. France's CAC 40 index underperformed, down 0.2 percent, after PMI data for the country showed waning momentum in its fragile economic recovery.
STOCKHOLM, April 23- Mobile telecom equipment maker Ericsson expects recent business wins to lift sales later this year, after missing first-quarter sales and profit forecasts due to continued weak demand in North America and Japan.
About 150 S&P 500 companies are scheduled to release results this week, in an earnings season that has been mediocre.
European shares recovered from earlier losses to close higher on Monday, after U.S. retail data surpassed estimates.