Wraps

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  • In European Equity Markets  stocks rose for a third day as manufacturing gains in  China and the euro area boosted investors' confidence that the economic recovery is on track. Nokia Oyj jumped to a three-year high after it posted second-quarter earnings that topped estimates. Danske Bank A/S rallied the most since August after raising its annual earnings projection. BASF SE fell 1.5 percent as earnings trailed analysts' predictions. EasyJet Plc dropped 5 percent after saying fares out of London are under pressure. National benchmar...

  • In European Equity Markets stocks rose for a third day as manufacturing gains in  China and the euro area boosted investor confidence the global economic recovery is on track. Nokia Oyj jumped to a three-year high after it posted second-quarter earnings that topped estimates. Danske Bank A/S rallied to a six-year high after raising its annual earnings projection. BASF SE fell 2.2 percent as earnings trailed analysts' predictions. EasyJet Plc dropped 4.2 percent after saying fares out of  London are under pressure. The Stoxx&nbs...

  • In Asian Equity Markets stocks traded near a six-year high, with the regional benchmark index swinging between gains and losses, after a Chinese manufacturing gauge rose to its strongest reading in 18 months.   LG Display Co. (034220) climbed 1.8 percent in  Seoul after the supplier of panels for Apple Inc. devices posted second-quarter profit that beat analyst estimates. Great Wall Motor Co. advanced 5.5 percent in Hong Kong as  China International Capital Co. recommended the shares after the auto-maker posted preliminary...

  • In European Equity Markets stocks were little changed, as investors considered earnings from companies  including Akzo Nobel NV (AKZA) and GlaxoSmithKline Plc, while a measure o fconsumer confidence unexpectedly declined. Akzo Nobel rose 3.9 percent after reporting better-than-expected second-quarter profit. Outotec Oyj surged the most in more than two years amid reports that Weir Group Plc may be interested in buying the mining-equipment maker. GlaxoSmithKline dropped 4.7 percent after posting second-quarter earnings that missed an...

  • In European Equity Markets stocks rose for a second day as companies including Daimler AG reported better-than-expected earnings. Daimler added 1.5 percent, pushing a gauge of auto-related stocks to the biggest rally of the 19 industry groups on the Stoxx Europe 600 Index. Outotec Oyj surged 9.8 percent amid reports that Weir Group Plc may be interested in buying the mining-equipment maker. ABB Ltd. dropped 1.8 percent after the Swiss maker of robots and power transformers reported earnings that fell short of projections.  Deutsche Bank AG (D...

  • In Asian Equity Markets stocks advanced for a third day, with the regional benchmark index extending a six-year high, as U.S. inflation data damped concerns interest-rate increases will be brought forward. BHP Billiton Ltd. climbed 1.8 percent after the world's largest mining company said iron-ore output surged 19 percent in the three months ended June, beating analyst estimates. AAC Technologies Holdings Inc. rose 1.9 percent in  Hong Kong after customer  Apple Inc. (AAPL) reported higher profit as iPhone sales jumped.  T...

  • In European Equity Markets  stocks rose, rebounding from three days of losses, as companies from Actelion Ltd. to  ARM Holdings Plc (ARM) projected an improvement in financial results. Actelion climbed 2.5 percent after raising its full-year profit forecast. ARM rallied 5.9 percent after predicting faster royalty revenue growth in the second half of 2014. Credit Suisse Group AG slid 1.3 percent after posting a wider loss than analysts had estimated. National benchmark indexes rose in every western-European market except Finland and ...

  • In European Equity Markets  stocks rose, rebounding from three days of losses, as the region's foreign ministers meet in Brussels to discuss sanctions against Russia. Actelion Ltd. climbed the most in five weeks after raising its full-year profit forecast.  ARM Holdings Plc (ARM) jumped 5.2 percent after predicting faster royalty revenue growth in the second half of 2014. Credit Suisse Group AG slid 1.6 percent after posting a wider loss than analysts had projected. The Stoxx Europe 600 Index rose 0.9 percent to 341.02 at 12:00 p.m....

  • In Asian Equity Markets  stocks advanced, with the regional benchmark index on course for its highest close in six years, as investors bet rising tensions in Ukraine over the shooting down of a jetliner won't curb global economic growth. Aluminum Corp. of China Ltd., the nation's biggest producer of the metal, jumped 6.2 percent as mainland stocks listed in  Hong Kong led gains. All 10 industry groups on the regional gauge rose. Kangwon Land Inc., a South Korean casino and hotel services provider, surged 4.2 percent. Oriental Land Co. sl...

  • In European Equity Markets  stocks fell, after posting a weekly gain, as the U.S. and Europe threatened tougher sanctions on Russia over its suspected role in the shooting down of flight MH17 in Ukrainian airspace. Commerzbank AG dropped 1.9 percent after a report that Germany's financial-markets regulator found high operational risks at the country's second-biggest lender. Deutsche Post AG lost 1.6 percent after JPMorgan Chase & Co. lowered its earnings and stock-price estimate for Europe's largest postal company. Julius Baer Group ...

  • In European Equity Markets  stocks fell, after posting a weekly gain, as investors weighed earnings and watched the crises in  Ukraine and the  Middle East. Commerzbank AG dropped 1.8 percent after a report that  Germany's financial-markets regulator found high operational risks at the country's second-biggest lender. Deutsche Post AG lost 1.8 percent after JPMorgan Chase & Co. lowered its earnings and stock-price estimate for  Europe's largest postal company.  Julius Baer (BAER) Group Ltd. jumped the most since J...

  • In Asian Equity Markets stocks rose following a global rebound after the downing of a  passenger jet in Ukraine and Israel's invasion of Gaza roiled markets. Technology and financial shares led the advance. Hon Hai Precision Industry Co. (2317), an assembler of Apple Inc.'s iPhones, climbed 2.3 percent in Taipei, leading technology firms to the largest gain on the regional gauge. Woori Investment & Securities Co. rose 4.9 percent in Seoul for a eighth day of gains. China Coal Energy Co., the nation's second-largest producer, sank 1.2...

  • In European Equity Markets stocks fell, even as the benchmark index completed a weekly advance, amid concern that the conflict between Ukraine and  Russia is deepening. Volvo (VOLVB) AB and Schibsted ASA dropped at least 5.4 percent each after posting second-quarter profit that missed analysts' estimates. Air France-KLM and Ryanair Holdings Plc led a retreat among European  travel stocks. Shire Plc rose 4 percent after AbbVie Inc. agreed to buy the drugmaker for 52.48 pounds ($89.80) a share. Ericsson AB posted the biggest rall...

  • In European Equity Markets  stocks fell for a second day, paring a weekly advance, amid concern that conflict between Ukraine and  Russia is deepening. U.S. index futures were little changed, while Asian shares declined. Shire Plc rose 1.9 percent after AbbVie Inc. agreed to buy the drugmaker for 52.48 pounds ($89.80) a share. Volvo AB retreated 4.8 percent after posting second-quarter profit that missed estimates.  Air France-KLM and Ryanair Holdings Plc led a decline among European travel stocks. Schibsted ASA tumbled 4.7 percent ...

  • In Asian Equity Markets  stocks fell for the first time in five days after a Malaysia Airlines plane was shot down over Ukraine and Israel sent troops into Gaza, spurring demand for safe-haven assets. Malaysian Airline System Bhd. (MAS) dropped 11 percent in  Kuala Lumpur. Toyota Motor Corp. fell 0.8 percent in Tokyo, accounting for the largest drag on the regional benchmark index. Asciano Ltd., which provides transport services to the  mining industry, surged 4.4 percent in Sydney after saying it is in talks to sell part of its log...

  • In European Equity Markets stocks fell the most in a week, extending losses in the last 30 minutes of trading after a report that a Malaysian  passenger jet crashed in  Ukraine, as the European Union and the U.S. imposed further sanctions on  Russia. Novartis AG lost 1.7 percent after posting quarterly profit that missed projections.  Sandvik (SAND) AB retreated 4.1 percent after earnings fell short of estimates. ITV Plc rallied 6.2 percent after Liberty Global Plc bought a minority stake in the U.K. commercial ...

  • In European Equity Markets stocks fell, after rising the most since April yesterday, as the European Union and U.S. imposed further sanctions on  Russia over  Ukraine. Novartis (NOVN) AG lost 1.5 percent after posting quarterly profit that missed projections.Sandvik (SAND) AB retreated 3.5 percent after earnings fell short of estimates. ITV Plc rallied 8.4 percent after Liberty Global Plc bought a minority stake in the U.K. commercial broadcaster. The Stoxx  Europe 600 Index fell 0.6 percent to 341.38 at 12:30 ...

  • In Asian Equity Markets stocks were little changed, after the regional benchmark index briefly touched a six-year high, as material and industrial shares advanced, while technology firms retreated. BHP Billiton Ltd. (BHP), the world's largest miner, gained 1.5 percent and Fortescue Metals Group Ltd. climbed 2 percent in Sydney as iron-ore prices held near a seven-week high. AGL Energy Ltd. slumped 4.1 percent after saying Australia's removal of a carbon tax will lower the gas and electricity producers earnings.  Taiwan Semiconductor...

  • In European Equity Markets stocks advanced the most since April as Portuguese banks led a rally by euro-zone lenders and a report showed China's economy expanded at a better-than-expected pace. Banco Espirito Santo SA jumped the most in at least 21 years after a Portuguese newspaper said the lender may raise 2 billion euros ($2.7 billion) from new shareholders to strengthen its capital ratios. Rio Tinto Group added 2.8 percent as the mining company said quarterly iron-ore production climbed 11 percent. Gtech SpA gained 4.1 percent after ...

  • In European Equity Markets stocks advanced the most in more than five weeks as Portuguese banks led a rally by euro-zone lenders and a report showed China's economy expanded at a better-than-expected pace.Banco Espirito Santo SA jumped the most in 2 1/2 years after a Portuguese newspaper said the lender may raise 2 billion euros ($2.7 billion) from new shareholders to strengthen its capital ratios. Rio Tinto Group added 2.2 percent as the mining company said quarterly iron-ore production jumped 11 percent. Gtech SpA gained 4.9 percent after a...

  • In Asian Equity Markets  stocks swung between gains and losses after China reported the world's second-largest economy grew in line with the government's target. Iluka Resources Ltd. (ILU) led materials shares higher, climbing 3.7 percent in Sydney, after the world's biggest zircon producer reported production of the mineral topped estimates.  Rio Tinto Group (RIO) gained 1.2 percent after iron-ore output surged in the second quarter. Mirae Asset Securities Co. slumped 14 percent in Seoul, leading declines on the regional ...

  • In European Equity Markets stocks declined for a sixth time in eight days, dragged lower by technology companies and household-goods shares, as investors considered comments from FED Chair Janet Yellen. Software AG lost 19 percent after saying earnings fell in the second quarter. Imperial Tobacco Group Plc dropped 3.7 percent after saying it will buy some brands from Reynolds American Inc. and Lorillard Inc. Banco Espirito Santo SA tumbled to its lowest price since at least 1993 as a group company faced a debt payment. PSA Peugeot Citroe...

  • In European Equity Markets stocks were little changed, after their biggest rally in more than a week, as investors awaited Federal Reserve Chair Janet Yellen's semi-annual testimony.Software AG lost 17 percent after saying earnings fell in the second quarter. Banco Espirito Santo SA tumbled a seventh day as a group company faces a debt payment due today. Hennes & Mauritz AB advanced after posting June sales that rose more than analysts had projected. The Stoxx  Europe 600 Index slipped less than 0.1 percent to 339.55 at 1:...

  • In Asian Equity Markets  stocks rose for a second day after Citigroup Inc. reported better-than-forecast profit, boosting confidence that earnings growth can sustain further gains in shares. Mitsubishi UFJ Financial Group Inc. (8306), Japan's largest bank, advanced 1 percent, with financial shares contributing most to gains on the regional gauge.  ZTE Corp. (763), a video-conferencing systems maker, surged 7.7 percent in  Hong Kong after raising its first-half profit forecast. Sumitomo Metal Mining Co. led materials produ...

  • In European Equity Markets stocks climbed, after the Stoxx Europe 600 Index posted its biggest weekly drop since March, as Shire Plc and Kuehne & Nagel International AG gained. Shire advanced after saying it is willing to recommend an offer from AbbVie Inc. Kuehne & Nagel rose the most in three months after reporting earnings that beat analyst forecasts.Sports Direct International Plc increased 3.6 percent after saying it will expand into  Australia and  New Zealand. Banco Espirito Santo SA dropped 7.5 percent aft...

  • In European Equity Markets stocks climbed, after the Stoxx  Europe 600 Index posted its biggest weekly drop since March, as Shire Plc gained. Shire added 2.7 percent after saying it is willing to recommend an offer from AbbVie Inc.  Airbus Group NV (AIR) added 1.5 percent after saying it will go ahead with a project to upgrade its A330 plane.SEB AB (SEBA) gained after posting better-than-expected earnings. Banco Espirito Santo SA sank 6.4 percent after appointing a chief executive officer. The Stoxx 600 added 0....

  • In Asian Equity Markets stocks rose, with the regional benchmark gauge on course for its first gain in five days, as telecommunications firms and health-care shares advanced. SoftBank Corp. added 1.3 percent in  Tokyo, leading phone companies to the largest gain among 10 industry groups on the regional index. Sumitomo Dainippon Pharma Co. surged 5 percent after Canada approved the use of one of the Japanese pharmaceutical manufacturer's drugs. Hyundai Hysco Co. slumped 1.4 percent as the U.S. government imposed duties on steel pipe...

  • In European Equity Markets  stocks were little changed, halting five days of losses, amid increased takeover activity and as investors bet the financial troubles of Banco Espirito Santo SA won't spiral into an euro-area banking crisis. Imperial Tobacco Group Plc gained 2.9 percent after confirming talks with Reynolds American Inc. and Lorillard Inc. to buy some assets and brands. Symrise AG climbed after a report that  Japan's Ajinomoto Co. may be interested in buying the German maker of flavors and fragrances. Indesit Co. added 2.9...

  • In European Equity Markets stocks rose, rebounding from a five-day slump, as takeover activity increased and investors bet the financial troubles of Banco Espirito Santo SA won't spiral into an euro-area banking crisis. Imperial Tobacco Group Plc gained 2.9 percent after confirming talks with Reynolds American Inc. and Lorillard Inc. to buy some assets and brands. Symrise AG climbed after a report that  Japan's Ajinomoto Co. may be interested in buying the German maker of flavors and fragrances. Indesit Co. added 2.9 percent af...

  • In Asian Equity Markets stocks fell, with the regional benchmark index on course to snap its longest streak of weekly gains in more than two years, as concern about financial risks in  Europe spurred a rally in the yen. Honda Motor Co. fell 1.5 percent as Japanese exporters slid.  AAC Technologies Holdings Inc. (2018), which supplies speakers to Apple Inc., slumped 2.8 percent in Hong Kong after BNP Paribas SA reduced its rating on the stock. Canon Inc. gained 2.5 percent in  Tokyo after the Nikkei newspaper rep...

  • In European Equity Markets  stocks fell for a fifth day as a gauge of lenders declined to its lowest level this year and equities in the so-called peripheral nations tumbled. Banks in Portugal,  Italy and Spain sank, sending an industry gauge to the fourth slump in five days. Fugro NV plunged the most since 2003 after predicting a drop in profit margin and a write-off of as much as 350 million euros ($477 million). Gerresheimer AG and Tryg A/S climbed after posting quarterly earnings that exceeded analysts' estimates. The...

  • In European Equity Markets stocks fell for a fifth day as shares of lenders declined to their lowest level this year. Banco Espirito Santo SA tumbled 17 percent, dragging the Portuguese benchmark  PSI 20 Index (PSI20) down for its biggest seven-day drop since August 2011. Fugro NV sank the most since November 2012 after predicting a drop in profit margin and a write-off of as much as 350 million euros ($477 million). Gerresheimer AG and Tryg A/S climbed after posting quarterly earnings that exceeded analysts' estimates. T...

  • In Asian Equity Markets  stocks outside  Japan rose as investors speculated that increasing Chinese exports and imports signaled growth in the world's second-largest economy is stabilizing. Korea Electric Power Corp. (015760) climbed 3.5 percent in  Seoul, leading a gain among utilities. Syrah Resources Ltd. soared 19 percent to a record before being halted in Sydney following a report Glencore Plc has made a takeover approach for the Melbourne-based miner. Benesse Holdings Inc. slumped 5.1 percent after the Japanese...

  • In European Equity Markets stocks were little changed as investors awaited minutes from the  Federal Reserve's most recent meeting and as Banco Espirito Santo SA led Portuguese stocks to this year's low. Banco Espirito Santo dropped 4.7 percent after parent company Espirito Santo International SA delayed payment on short-term notes. Sodexo slid 1.8 percent after the world's second-largest catering company cut its full-year revenue forecast. Admiral Group Plc tumbled the most since September after the U.K. car insurer forecast lower ...

  • In European Equity Markets stocks fell for a fourth day as investors awaited minutes from the  Federal Reserve's most recent meeting. Sodexo dropped 3.2 percent after the world's second-largest catering company cut its full-year revenue forecast. Admiral Group Plc tumbled the most since November 2012 after the U.K. car insurer said margin expectations for business earned this year are lower than in recent years. Seadrill Ltd. climbed 4.7 percent after the biggest drilling-rig company canceled a $1 billion convertible-bond sale.&nbs...

  • In Asian Equity Markets  stocks fell for a second day, with the regional benchmark gauge on course for its largest decline in two months, after equity valuations touched the highest this year and  China inflation data missed estimates. Toyota Motor Corp. (7203), which gets 75 percent of sales outside  Japan, lost 1.1 percent. Nomura Holdings Inc., Japan's largest brokerage, slipped 2.5 percent as securities firms accounted for the biggest drops on the regional gauge. Navitas Ltd. slumped 31 percent in Sydney as the educat...

  • In European Equity Markets stocks fell the most in almost three months, led by travel and leisure companies, after  Air France-KLM (AF) Group cut its full-year profit forecast. Air France-KLM slumped the most since October 2011 after saying earnings will be hurt amid overcapacity on North American and Asian routes, poor demand for freight and the fallout from a dispute with  Venezuela. Commerzbank AG fell to its lowest price since December after a person with knowledge of the matter said it will probably be the next bank to re...

  • In European Equity Markets  stocks fell for a third day, led by travel and leisure companies, after  Air France-KLM (AF) Group cut its full-year profit forecast. U.S. stock futures and Asian shares were little changed. Air France-KLM slumped 4.6 percent after saying earnings will be hurt amid overcapacity on North American and Asian routes, poor demand for freight and the fallout from a dispute with  Venezuela. Commerzbank AG lost 4 percent after a person with knowledge of the matter said it will probably be the next bank to r...

  • In Asian Equity Markets  stock indicies swung between gains and losses, trading near the highest level in six years as health-care shares rose while materials companies fell. Astellas Pharma Inc.,  Japan's second-biggest pharmaceutical company, advanced 1.1 percent. Datang International Power Generation Co., the listed unit of one of  China's five largest power generators, surged the most in more than 14 years in  Hong Kong on plans to restructure its coal-to-chemical business. Nippon Steel & Sumitomo Metal Corp....

  • In European Equity Markets  stocks fell the most in almost two weeks as investors assessed equity valuations following the biggest rally since March. Sky Deutschland AG and Deutsche Boerse AG slipped at least 2.5 percent each after brokerages downgraded the shares. TeliaSonera AB and Tele2 AB advanced after the Swedish company agreed to buy Tele2's Norwegian business.  PostNL NV (PNL) rallied the most in more than two years after boosting its profit forecast. The Stoxx Europe 600 Index dropped 0.9 percent to 344.8 at the close...