Apr 28, 2016 11:38 AM ET
European markets closed down after a broad selloff after the Bank of Japan decided not to increase its stimulus program and left interest rates unchanged. CaixaBank and BBVA posted double-digit declines in first-quarter net profit. Airbus earnings dropped on production delays and weaker demand.
Apr 27, 2016 5:07 PM ET
European shares traded higher on Wednesday amid positive corporate earnings and higher oil prices. Adidas raised its guidance for 2016 and posted an increase of 35% in operating profit. Antofagasta said copper output rose in the quarter and confirmed its full-year output guidance.
Apr 26, 2016 5:58 PM ET
After a strong start, most European markets changed direction and closed slightly lower. Pulp & paper producer UPM said quarterly profit jumped 35% and announced the sale of its Schwedt mill site. BP reported a pre-tax loss of $865 million. Orange said revenues rose 3.5%.
Apr 25, 2016 6:38 PM ET
Stocks in Europe fell for the second day in a row on the weakness in commodity stocks and a slight fall in business confidence in Germany. Philips plans to spin off its lighting unit. Deutsche Bankís mounting legal costs led to an open conflict on its supervisory
Apr 22, 2016 12:19 PM ET
European stock markets trimmed weekly gains dragged down by auto makers on the widening international investigation in the emission-tests scandal beyond Volkswagen. Zodiac Aerospace soared 10.5% on rumors that Safran may bid for the aerospace supplier.
Apr 21, 2016 11:52 AM ET
Stocks in Europe retreated after the ECB kept rates unchanged, several major companies posted disappointing earnings, and oil continued to decline. Ericssonís quarterly sales dropped 2.4%. Volkswagen reportedly reached an agreement with the U.S. and buy back vehicles with faulty emission contorl.
Apr 20, 2016 6:22 PM ET
European markets were little changed as positive earning updates offset a decline in oil prices and sharp losses in China. ABB, the power grid automation maker said net profit fell 11%, less than expected. ARM Holdings reported revenue growth of 22% and profit growth of 7.6% in the first-quarter.
Apr 19, 2016 1:41 PM ET
European stocks surged to three-month high on positive corporate earnings and momentum in oil prices. Rio Tinto quarterly shipments surged 11%. L''Orealís comparable quarterly sales increased 4.2%. Swedish investment firm Kinnevik proposed one-time dividend of SEK5 billion.
Apr 18, 2016 6:57 PM ET
European markets recovered from the morning decline after oil producers failed to agree on production freeze. Caixabank made a new takeover offer for Banco BPI. Reckitt Benckiser first-quarter sales rose 5%. L''Oreal and Rio Tinto advanced ahead of earnings reports.
Apr 15, 2016 1:53 PM ET
European markets trimmed weekly gains as investors were cautious ahead of the Doha meeting of oil producers. Greece outperformed, led by the bank shares after the latest decision from the ECB. Credit Suisse faces fines in Japan for leaking private information.