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Europe Market Update

Italian Auction Raises €5.3 B, Indexes Higher
Jul 13, 2012 8:46 AM ET
The European indexes gained after China reported GDP that met expectations. Italy sold €5.25 billion of debt today at lower borrowing costs despite a credit rating downgrade. Pernod Ricard agreed to sell certain brands and assets for €103 million. >>

Record Low Mortgage Rates, Global Slowdown Worries Wall Street
Jul 12, 2012 4:00 PM ET
U.S. indexes struggled as investors feared that worldwide economic slowdown may dampen earnings of domestic companies. Infosys lowered its sales outlook. Grocery retailers dropped after SuperValu cut its dividend and plans to lower prices. Mortgage rates drop to a new low. >>

Yields at Italian Debt Auction Fall, Carrefour Up 5%
Jul 12, 2012 8:37 AM ET
The European indexes declined after latest statement from the ECB highlighted downside risks and the European industrial production rebounded unexpectedly. Italy sold €7.5 billion of debt at lower yields. Peugeot estimated loss in the first-half. Greek jobless rate rose to a record in April. >>

Greek Jobless Rate at 22.5%, Euro Area Output Improves
Jul 12, 2012 8:27 AM ET
Greek jobless rate rose to a record high in April. German wholesale price inflation eased but French annual inflation remained unchanged in June. Industrial production in the euro area improved and Dutch exports soared in May. >>

Stocks Fall After Immediate Stimulus Hopes Fade, World Markets Cautious
Jul 11, 2012 4:01 PM ET
U.S. indexes accelerated the decline after the prospect of another stimulus faded. The latest minutes of Fed meeting showed that more action may be needed to lower unemployment rate but also noted most of the jobless rate is driven by structural factors. >>

German Inflation Eases, French Current Account Deficit Narrows
Jul 11, 2012 10:05 AM ET
French current account deficit narrowed and Spanish leading indicator index fell in May. Inflation in Germany eased but in Hungary rose in June and the Czech unemployment rate dropped in June. >>

Spain Unveils €65 B Austerity Measures, Miners Protests in Madrid
Jul 11, 2012 10:11 AM ET
The European indexes traded mixed and Spain announced new €65 billion in austerity measures and Germany raised €4.15 billion from debt sale at record low yields. Gerresheimer soared 5.1% after quarterly net rose. >>

Tech Stocks Weak, Euro at 2-year Low; Oil Extend Losses
Jul 10, 2012 4:06 PM ET
Stocks in New York turned lower after tech companies issued cautious outlook. AMD reported lower chip sales and Applied Materials lowered annual outlook. European leaders took steps to expedite the rescue of Spanish banks but bond yields failed to materially weaken. >>

French, Dutch and Swedish Production Declines
Jul 10, 2012 8:49 AM ET
French, Swedish and the Netherlands output fell in May. Norwegian inflation remained stable but Romanian consumer price index increased in June. >>

Small Decline in Spanish Yields after Euro Zone Agreement
Jul 10, 2012 8:47 AM ET
The euro area finance ministers approved the releasing of €30 billion aid to Spain and the bond yield fell only a fraction from near 7%. Intel said it plans to invest €3.3 billion for a 15% stake in ASML. >>



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Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites. Market data: BATS Exchange. Inc