пятница, 14 февраля 2014 г.

EU STOCKS rose after EMU GDP Report

European stocks advanced, extending their weekly gain, as investors awaited U.S. consumer confidence data, and a report showed the euro-area economy grew faster in the fourth quarter than anticipated. 


The Stoxx Europe 600 Index gained 0.4% to 332.64.


The euro-area economy expanded more in the final quarter of 2013 than forecast, led by Germany and France, data showed. Gross domestic product in the euro zone rose 0.3% after a 0.1% increase in the third quarter, beating the median forecast of 0.2%.

ThyssenKrupp climbed 3.7%. Adjusted earnings from continuing operations before interest and taxes more than doubled to 247 million euros ($338 million) in the fiscal first quarter, exceeding the 218.7 million-euro average of estimates.

Anglo American (AAL) added 1.4%. The company posted underlying earnings for 2013 of $2.7 billion, beating analyst estimates of $2.38 billion. Full-year sales rose 1% to $33.06 billion, while the net loss narrowed to $961 million from a loss of $1.49 billion in 2012.

Hikma Pharmaceuticals Plc increased 6.7% after the maker of generic drugs raised its full-year revenue growth forecast to about 23% from a previous prediction of about 20%.

Schindler declined 3.9% after the company said profit in 2013 fell to 463 million francs ($519 million) from 730 million francs a year earlier. Schindler also said sales rose 8.4% in local currencies to 8.81 billion francs, beating analyst estimates of 8.76 billion francs.

Imerys SA fell 2.6%. The French building-materials company said after markets closed yesterday that net income amounted to 242 million euros in 2013, down from 291 million euros a year earlier. Sales were 3.7 billion euros, compared with analysts’ estimates of 3.73 billion euros.

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