Feb 27, 2015 11:38 AM ET
Airbus profit soared 59% to €2.3 billion on 5% increase in revenues. BASF net surged 26% to €1.4 billion. IAG net soared 452% to €309 million. Lloyds Banking net swung to profit to £1.5 billion. Old Mutual net tumbled 13% to £852 million on 22% decline in revenues. Spectris net plummeted.
Feb 26, 2015 11:04 AM ET
Ahold net tumbled 77% to €594 million. Bayer profit climbed 7% to €3.4 billion. British American Tobacco net plunged 19% to £3.4 billion. Deutsche Telekom surged three-fold to €2.9 billion. RBS net loss narrowed to £3.5 billion. Thales profit climbed 25%.
Feb 25, 2015 11:28 AM ET
Maersk net surged 45% to $5 billion and the logistics company plans to divest 20% stake in Danske Bank. Bouygues swung to profit to €807 million. British Land signed a new £485 million revolving credit facility. Petrofac net declined 11% to $581 million. TSB net plunged 27%. Weir profit tumbled 78%.
Feb 24, 2015 10:39 AM ET
Markets in Europe traded higher after a group of euro zone ministers accepted list of reforms to win the third financial bailout. Aer Lingus net swung to a loss. GKN net tumbled 57%. Manz AG revenues soared 15%. Meggitt profit plummeted 24% to £177 million. Persimmon net surged 45%.
Feb 23, 2015 11:52 AM ET
British American Tobacco is looking to acquire 24.7% stake in Brazil-based Souza Cruz worth $3 billion. DIA net soared 60% to €329 million. DS Smith agreed to acquire Vienna-based rival Duropack for €300 million. HSBC profit tumbled 15% to $13.7 billion. PostNL net surged. UNITE profit jumped.
Feb 20, 2015 10:40 AM ET
European markets were in holding pattern after Greek debt negotiation fatigue sets in. Greek depositors accelerated bank withdrawals ahead of the Brussles talk which are expected to lead nowhere. Greece may impose Cyprus-style controls this long weekend to stem the rising tide of outflow.
Feb 19, 2015 1:17 PM ET
Germany rejected immediately the loan extension proposal requested by Greece and finance ministers in the euro zone are scheduled to meet on Friday.
Feb 19, 2015 10:59 AM ET
Centrica net swung to a loss of £1 billion but revenues soared 11%. Deutsche Boerse net climbed 80% to €224 million. Nestle profit surged 43% to 14.9 billion Swiss francs. Rexam received takeover offer of £4.43 billion. Swiss Re profit plunged 21% to $3.5 billion.
Feb 18, 2015 10:38 AM ET
Eni net loss widened to €2.3 billion after production declined 39%. Credit Agricole net dropped 7% from a year ago to €2.3 billion. Carlsberg profit tumbled 19%. Vivendi received €3.9 billion offer for its 20% stake in Numericable.
Feb 16, 2015 11:14 AM ET
Balfour Beatty divest 80% interest in Thanet offshore transmission project for £40 million. Fidessa profit declined 9% to £29 million. Hammerson net surged 106% to £702 million. Playtech agreed to acquire Yoyo Games. Puma net profit surged to €64 million.