Feb 09, 2016 4:22 PM ET
European market indexes dropped to 2-year lows on the growing concerns over the profitability and the adequacy of capitalization of banks. German industrial production fell 1.2% and exports declined 1.6% in December. Vestas Wind Systems, the wind-turbine maker, reported record revenue in 2015.
Feb 08, 2016 6:53 PM ET
European stocks fell sharply on Monday on the fresh worries of the banking sector health and concerns over the global economic growth. Eurobank Ergasias in Greece plunged 29.2%. Gold miner Randgold Resources jumped 13% on the dividend hike and exploration progress.
Feb 05, 2016 12:30 PM ET
European stock trading was volatile and markets were mixed on the weak U.S. jobs data and a rally in mining, and gains in banking and retail sector. ArcelorMittal plans to launch a $3 billion offer to reduce net debt of $12 billion. BNP Paribas plans to cut costs and increase its dividend.
Feb 04, 2016 7:58 AM ET
European markets rebounded after a rally in resource sector on the weakening dollar. Credit Suisse plummeted after reporting its first full-year loss since 2008. LafargeHolcim proposed selling its entire operation in India.
Feb 03, 2016 10:39 AM ET
European stocks declined for the third day in a row on weak earnings reports from key companies. Finland controlled utility Fortum said adjusted operating profit tumbled 34%. Italian banks extended losses by as much as 8% on the rising non-performing loan portfolios.
Feb 02, 2016 1:46 PM ET
European equities extended losses as oil prices continued to slide. UBS Group reported an unexpected outflow of 3.4 billion Swiss francs from its wealth management business. BP Plc posted its worst results in more than 20 years and announced 3,000 job cuts.
Feb 01, 2016 4:48 PM ET
European markets edged down on weak manufacturing data from China and the euro zone, disappointing news from Nokia, and the decline in oil prices. BT Groupís third quarter pre-tax profit surged 24%. Vallourec SA plans to raise Ä1 billion for restructuring after the slump in oil prices.