Feb 28, 2013 9:13 AM ET
Bayer said fiscal year net was flat. Bankia recorded net loss of €19.06 billion. Deutsche Telekom fiscal net swung to €5.26 billion loss and quarterly net swung to €793 million profit. Royal Bank of Scotland fiscal loss widened to £5.97 billion.
Feb 27, 2013 1:41 PM ET
European markers sharply rebounded after Italy managed to place debt at a slightly higher yield. Market indexes in Paris rebounded 1.9% and in Milan jumped nearly 2%. Italian bond yields closed at 4.83%, a four-month high.
Feb 27, 2013 8:55 AM ET
AB Inbev fiscal net climbed 24% and EADS net surged 19%. Centrica net surged more than two-fold and Henderson net jumped nearly three-fold. Restaurant Group profit for the year advanced 6% and Weir net increased 6% to €315.7 million.
Feb 26, 2013 5:16 PM ET
Stocks on Wall Street closed higher after housing market reports showed another month of improving data and consumer confidence gained. Markets in Europe fell sharply after Italian general elections failed to deliver a governing majority to a single party.
Feb 26, 2013 10:44 AM ET
European markets declined after fears of euro zone crisis resurfaced. Italian general election led to a hung parliament as voters reject austerity of 15 months under Prime Minister Mario Monti.
Feb 26, 2013 8:40 AM ET
BASF fourth quarter net declined 13.4% and for the year net plunged 21%. Pandora plans to buy back 700 million kroner of shares this year. Vivendi earnings for the year tumbled 94%.
Feb 25, 2013 10:37 AM ET
Stocks across Europe soared and banks in Italy jumped more than 3% after early exit polls indicated results favored by markets. 2010 Gulf of Mexico oil spill trial against the BP Plc began in the U.S. and the company is also engaged in settlement talks with state governments.
Feb 25, 2013 9:38 AM ET
Pearson, the book and newspaper publisher said operating profit for the year plunged 54% and Royalty Pharma agreed to acquire Elan Corp for $6.5 billion. Volkswagen profit for the year surged 40.9%.
Feb 22, 2013 10:46 AM ET
Elan Corp plans to buy back $1 billion of stock. Millennium & Copthorne Hotels profit for the year plunged 11% and slipped 2% for the fourth quarter. SES SA profit climbed 5% to €648.8 million. Valeo net for the year declined 11%.
Feb 21, 2013 10:47 AM ET
Euro zone markets fell sharply after the latest data manufacturing and service sector index showed a shrinking growth rate. Markets in Paris, London and Frankfurt dropped more than 1.7%. Markets in Milan declined 3% ahead of general election this weekend.