4:00 PM Frankfurt Allianz net climbed 11% to 1.8 billion on 10% increase of revenue. Banca Monte dei Paschi net loss widened to 179 million but revenue climbed 8%. Bellway revenue surged 33% to £1.5 billion. Catlin net 131% to $273 million. TOD''S profit surged 26% to 56 million.
In London trading, FTSE 100 index dropped 0.6% or 39.83 to 6,557.54 and in Frankfurt the DAX index declined 0.6% or 56.41 to 8,982.56.
In Paris, CAC 40 index slumped 0.3% or 14.14 to 4,135.69.
rose 0.3% to 121.70 after the Germany-based financial services provider reported total revenue in the second-quarter ending in June soared 10% to 29.5 billion from 26.8 billion a year ago period.
Net income in the quarter climbed 10.5% from a year ago to 1.76 billion compared to 1.59 billion and diluted earnings per share jumped to 3.84 from 3.47.
Banca Monte dei Paschi di Siena SpA
declined 7.2% to 1.06 after the Italy-based bank reported net interest income in the second-quarter ending in June climbed 8% to 526.2 million from 487.2 million a year ago period.
Net loss in the quarter narrowed to 178.9 million from a year 278.2 million and diluted earnings per share dropped to 1.67 from 2.29.
slid 0.3% to 1,473 pence after the U.K.-based residential construction company said housing revenue in the period ending in July surged 33% to £1.46 billion compared to £1.09 billion a year ago.
The company said group sales in the period soared 21.2% to 6,851 homes from 5,652 homes and average selling price of homes sold increased 10% from a year ago period to £213,000.
Catlin Group Ltd
climbed 4.5% to 508 pence after the Bermuda -based property and casualty insurer stated gross premiums written in the first-half ending in June jumped 10.9% $3.66 billion from $3.30 billion a year ago period.
Net income in the period advanced 131.3% from a year ago to $273 million compared to $118 million and earnings per share increased to 70 cents from 32 cents.
tumbled 8.4% to 78.05 after the Italy-based leather goods producer said group sales in the first-half ending in June dropped 2.7% to 477.7 million from 491.2 million a year ago period.
Net income in the quarter dropped 25.8% from a year ago to 56.2 million compared to 75.7 million and diluted earnings per share declined to 1.83 from 2.47.