4:25 PM Frankfurt Allianz net jumped 5% to 1.53 billion. Balfour Beatty won rail contracts for £148 million in Singapore. Intl Airlines Group said third-quarter revenue climbed 7%. Rolls-Royce lifted earnings outlook. Total fell after investor sold its stake. Telecom Italia profit surged 27%.
In London trading, FTSE 100 index fell 0.5% or 33.87 to 6,663 and in Frankfurt the DAX index slipped 0.6% or 57.27 to 9,024.
In Paris, CAC 40 index declined 1.2% or 51.20 to 4,230.
rose 0.8% to 124.05 after the Germany-based financial services provider reported total revenue in the third-quarter ending in September slid 0.2% to 25.1 billion from 25.2 billion a year ago.
Net income for the quarter jumped 5.4% to 1.53 billion compared to 1.45 billion and diluted earnings per share increased to 3.14 from 2.98 a year earlier.
The bank said third-party net outflows in the third quarter were 26.7 billion compared to net inflows of 31.5 billion from the same period of a year earlier.
On September 30, total assets under management dropped 1,811 billion from 1,852 billion a year ago period.
Balfour Beatty Plc
gained 2% to 280.90 pence after the U.K.-based infrastructure developer said its 50% owned subsidiary Gammon Construction won rail contracts worth £148 million in Singapore.
International Consolidated Airlines Group
surged 5.8% to 369.20 pence after the parent of Iberian Air and British Airways said passenger unit revenue in the third-quarter climbed 6.7% and operating profit increased 690 million from 270 million a year ago.
The airline company added revenue for the nine month period jumped 3.9% to 14.11 billion.
Rolls-Royce Holdings Plc
jumped 2.9% to 1,203.41 pence after the U.K.-based power system provider lifted earnings outlook for the defense unit after it booked additional contracts from the U.S. government.
The company today secured $50.7 million MissionCare contract from the U.S. Navy.
For the full year, the company expected modest growth in underlying revenue and good growth in underlying profit.
slipped 1.3% to 43.76 after the Switzerland-based investment company Pargesa Holding SA confirmed that Groupe Bruxelles Lambert sold 8.2 million shares of France-based oil and gas explorer for 360 million.
Telecom Italia SpA
plunged 7.1% to 66.8 cents Italy-based communication company completed the placement of its 1.3 billion convertible bond due November 2016 with an annual coupon of 6.125% and an initial maximum conversion price set at 122.5%, to raise cash that including sale of Argentine unit.
In a separate report, the communication company received offer of sales from Fintech Investments Ltd. valued $960 million.
The company reported revenue in the third-quarter ending in September dropped 8.8% to 6.63 billion from 7.27 billion a year ago.
Net profit for the quarter surged 27.4% to 505 million compared to 696 million a year earlier.