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    October 17, 2007

    IBEX gains almost 1 percent on session

    Filed under: Other, Infineon, ASML, ThyssenKrupp, Eon, Suez, Gaz de France, STMicroelectronics, Mittal Steel, Groupe Danone

    Markets in Europe were higher on Wednesday.

    The FTSE Eurofirst 300 added 0.49 percent to 1,583.69.

    In Frankfurt the Dax gained 0.29 percent to 7,985.41, while the Paris CAC-40 was up 0.77 percent to 5,818.8 and the IBEX jumped 0.99 percent to 15,430.5 in Madrid.

    Food processor Groupe Danone (Euronext: BN; NYSE: DA) was the best performer on the CAC-40, adding 3.58 percent to €56.15 after it said sales were up 7 percent over the past 9 months.

    Semiconductors group Infineon (FWB: IFX; NYSE: IFX) had the best day over on the Dax, gaining 2.13 percent to €11.04 after US rival Intel (NAS: INTC; SEHK: 4335) showed strong third-quarter results with profits up 43 percent and earnings coming in at 31 cents per share.

    Elsewhere in the sector, STMicroelectronics (Euronext: STM; NYSE: STM) was up 0.8 percent to €11.73.

    Meanwhile, chip making equipment manufacturer ASML (Euronext: ASML; NAS: ASMLD) jumped 8.2 percent to €24.35.

    The steel sector was mixed.

    Mittal Steel (Euronext: MT; NYSE: MT) was 2.3 percent higher to €55.16, but ThyssenKrupp (FWB: TKA; LSE: THK) dropped 0.16 percent to €43.18.

    Utilities were also mixed.

    Suez (Euronext: SZE; NYSE: SZE) added 1.93 percent to €43.88 and Gaz de France (Euronext: GAZ) was up 2.14 percent to €39.07, but Eon (FWB: EOA; NYSE: EON; LSE: EON) fell 0.27 percent to €131.51.





    September 27, 2007

    Airlines gain in Europe

    Filed under: Other, Peugeot, Renault, Allianz, BNP Paribas, Societe Generale, Air France-KLM, Lufthansa, SAP, STMicroelectronics, MLP, Groupe Danone, Saint-Gobain

    Europe’s markets saw gains on Thursday.

    The FTSE Eurofirst 300 was 0.72 percent higher to 1,550.68.

    In Madrid, the IBEX gained 0.48 percent to 14,582.9.

    The Dax was up 0.64 percent to 7,853.79, while the Paris CAC-40 added 0.75 percent to 5,733.37.

    Airlines were higher, with Lufthansa (FWB: LHA) turning in the best performance on the Dax as it added 2.67 percent to €20.34. Air France was also higher, gaining 4.27 percent to €26.14.

    Banks saw gains, with Societe Generale (Euronext: GLE) up 1.84 percent to €120.16 and BNP Paribas (Euronext: BNP; TYO: 8665) as it added 2.76 percent to €76.31.

    Insurer Allianz (FWB: FWB: ALV; NYSE: AZ) was up 1.86 percent to €163.46.

    Manufacturer Saint-Gobain (Euronext: SGO) had the best day on the CAC-40, gaining 5.21 percent to €73.09.

    Carmakers were mixed.

    Peugeot (Euronext: UG; OTC: PEUGY) was 1.79 percent higher to €58.13 and Renault (Euronext: RNO) was up 1.87 percent to €101.77, but BMW (FWB: BMW) dropped 1.36 percent to €37.74.

    In the semiconductors sector, STMicroelectronics (Euronext: STM; NYSE: STM) was down 0.85 percent to €11.70, while software maker SAP (FWB: SAP; NYSE: SAP) was 1 percent lower to €40.75.

    Financial planners MLP (FWB: MLP) had the worst day on the Dax as it dropped 2.48 percent to €9.04.

    Meanwhile, food processor Groupe Danone (Euronext: BN; NYSE: DA) had the worst performance on the CAC-40, falling 1.63 percent to €56.





    September 12, 2007

    European markets in slight gains

    Filed under: Other, Infineon, BMW, Peugeot, BNP Paribas, Commerzbank, Air France-KLM, Eon, Gaz de France, Lufthansa, STMicroelectronics, Unibail, Man, Fresenius Medical Care, Groupe Danone, Bouygues

    European markets were higher Wednesday.

    The FTSE Eurofirst 300 added 0.22 percent to 1,510.28.

    Madrid’s IBEX was 0.11 percent higher to 13,980.4, while the Dax gained 0.2 percent to 7,472.99 and the CAC-40 was up 0.53 percent to 5,508.01.

    The best performer on the CAC-40 was media and construction conglomerate Bouygues (Euronext: EN) with a gain of 4.21 percent to €59.45 on possible interest from an Egyptian telecommunications company and possible contracts news.

    Healthcare group Fresenius Medical Care (FWB: FREG) had the best day on the Dax as it added 3.2 percent to €37.28.

    Other gainers included property developer and investor Unibail (Euronext: UL), which was 1.87 percent higher to €174.18.

    Foods manufacturer Groupe Danone (Euronext: BN; NYSE: DA) was up 1.65 percent to €55.37.

    Truck maker Man (FWB: EDF1) advanced 1.68 percent to €102.04, but carmakers did not do as well.

    Peugeot (Euronext UG; OTC: PEUGY) fell 0.76 percent to €56.12, while BMW (FWB: BMW) was down 1.57 percent to €34.82.

    Utilities were mixed on the session.

    Eon (FWB: EOA; LSE: EON; NYSE: EON) was up 1.91 percent to €123.76, but Gaz de France (Euronext: GAZ) dropped 0.56 percent to €33.46.

    Banks were also mixed.

    BNP Paribas (Euronext: BNP; TYO: 8665) added 0.9 percent to €74.18 but Commerzbank (FWB: CBK) was 1.12 percent lower to €28.10.

    The semiconductors sector was down on the session.

    STMicroelectronics (Euronext: STM; NYSE: STM) fell 0.8 percent to €12.43, while Infineon (FWB: IFX; NYSE: IFX) was down 1.83 percent to €11.84.

    Airlines were the biggest losers on both the Dax and the CAC-40.

    Lufthansa (FWB: LHA) dropped 3.45 percent to €19.84 and Air France (Euronext: AF; NYSE: AKH) was 3.35 percent lower to €26.80.





    August 13, 2007

    Carmakers higher in Paris, Frankfurt

    Filed under: Other, DaimlerChrysler, Peugeot, Renault, ThyssenKrupp, Air France-KLM, Michelin, Lufthansa, SAP, Unibail, Man, Altana, Pernod Ricard, MLP, Groupe Danone

    European equities markets were higher Monday.

    The FTSE Eurofirst 300 gained 2.37 percent to 1,514.49.

    In Frankfurt the Dax was 1.78 percent higher to 7,474.33, while Madrid’s IBEX added 1.92 percent to 14,731.8 and the Paris CAC-40 was up 2.21 percent to 5,569.28.

    Car and truck manufacturers saw gains.

    Peugeot (Euronext: UG; OTC: PEUGY) was up 3.24 percent to €59.57 and Renault (Euronext: RNO) gained 3.79 percent to €98.74 in Paris, while in Frankfurt DaimlerChrysler (FWB: DCX; NYSE: DCX; TYO: 7663) was up to €62.45 and truck manufacturer Man (FWB: EDF1) gained 4.63 percent to €98.53.

    Airlines were also higher, with Lufthansa (FWB: LHA) up 4.23 percent to €19.92 while Air France (Euronext: AF; NYSE: AKH) added 5.04 percent to €30.

    Chemicals group Altana (FWB: ALT; NYSE: AAA) had the best day on the Dax with a gain of 5.15 percent to €15.71.

    Meanwhile, the best performer on the CAC-40 was tire maker Michelin (Euronext: ML), which was 5.35 percent higher to €88.81.

    Other gainers included steel maker ThyssenKrupp (FWB: TKA; LSE: THK) with a gain of 3.82 percent to €39.65 on a broker upgrade from “hold” to “add”.

    Property investor Unibail (Euronext: UL) turned in the worst performance on the CAC-40, dropping 1.96 percent to €170.77, while the worst day on the Dax was in the financial services sector as MLP (FWB: MLPB) - formerly Marschollek, Lautenschlager, and Partner - with a decline of 2.84 percent to €12.33.

    Software manufacturer SAP (FWB: SAP; NYSE: SAP) fell 0.53 percent to 39.29.

    Food processor Groupe Danone (Euronext: BN; NYSE: DA) was 0.69 percent lower to €54.35, while drinks producer Pernon-Ricard (Euronext: RI) dropped 0.88 percent to €153.76.





    July 17, 2007

    Banks mixed on session

    Filed under: Other, BMW, Renault, Societe Generale, Agricole, Commerzbank, Schering, Suez, BASF, EDF, Total, Lagardere, Man, Arcelor Mittal, Vallourec, Groupe Danone

    European markets were mostly lower Tuesday, with the notable exception of Madrid’s IBEX, which added 0.29 percent to 15,153.8.

    In Paris, the CAC-40 dropped 0.43 percent to 6,099.21, while the Dax was 0.83 percent lower in Frankfurt to close at 8,038.21.

    The FTSE Eurofirst 300 was down 0.49 percent to 1,622.34.

    Vallourec (Euronext: VK) was the best performer on the CAC-40, adding 0.92 percent to €220.75 on rumors that Arcelor Mittal (Euronext: MT; NSYE: MT) might be interested in making a bid.

    Other gainers on the day included foods group Groupe Danone (Euronext: BN; NYSE: DA), which was 0.56 percent higher to €57.08.

    In the pharmaceuticals sector Schering (FWB: SCH) gained 0.34 percent to €104.60.

    Chemicals group BASF (FWB: BAS; LSE: BFA; NYSE: BF) was up 0.23 percent to €99.46.

    Utilities were mixed, with EDF (Euronext: EEN) 0.27 percent higher to €78.95, while Suez (Euronext: SZE; NYSE: SZE) dropped 1.11 percent to €41.16.

    Banks were also mixed on the session.

    In Paris Credit Agricole (Euronext: ACA) added 0.2 percent to €30.11 and Societe Generale (Euronext: GLE) was 0.75 percent higher to €139.79, but in Frankfurt Commerzbank (FWB: CBK) fell 1.41 percent to €34.94.

    Carmakers saw losses on the day.

    Renault (Euronext: RNO) dropped 1.21 percent to €115.74 for the worst performance of the session in Paris, while BMW (FWB: BMW) fell 1.45 to €39.90 in Frankfurt.

    BMW declined even though Morgan Stanley (NYSE: MS) raised the carmaker’s target share price.

    In addition, truck maker Man (FWB: EDF1) was 1.49 percent lower to €110.10.

    Other losers on the session included oil company Total (Euronext: FP; NYSE: TOT), which was down 1.09 percent to €61.62 on a broker downgrade from “buy” to “hold”.

    Media group Lagardere (Euronext: MMB) fell 1.2 percent to €62.60.





    July 13, 2007

    Financial sectors gain

    Filed under: Other, Deutsche Bank, Axa, DaimlerChrysler, Renault, Allianz, BNP Paribas, Agricole, BASF, EDF, Lufthansa, Lafarge, Vinci, Marschollek, Schneider Electric, Groupe Danone

    Markets in Europe were higher on Friday, with the FTSE Eurofirst 300 adding 0.39 percent to 1,627.68.

    In Paris, the CAC-40 was 0.24 percent higher to 6,117.96, while the Dax gained 0.49 percent to 8,092.77 in Frankfurt and the IBEX was up 0.55 percent to 15,023.5.

    Financial services-related shares did well on the session.

    Among banks BNP Paribas (Euronext: BNP; TYO: 8665) added 0.71 percent to €87.37, while Credit Agricole (Euronext: ACA) gained 0.99 percent to €29.72 and Deutsche Bank (FWB: DBK; NYSE: DB) was 1.47 percent higher to €107.71.

    Insurance-focused groups also gained, with Allianz (FWB: ALV; NYSE: AZ) up 1.22 percent to €173.12 and Axa adding 1.87 percent to €32.64 for the best performance of the session on the CAC-40.

    Financial services group Marschollek (FWB: MLPG), now known as MLP, gained 5.4 percent to €15.89 as the day’s best performer on the Dax.

    Other sectors seeing gains on the day included utilities, as EDF (Euronext: EEN) added 0.79 percent to €76.76.

    In the chemicals sector, BASF (FWB: BAS; LSE: BFA; NYSE: BF) was up 1.87 percent to €98.88 on an increased target share price, from €92 to €105, issued by UBS (NYSE: UBS; SWX: UBSN; TYO: 8657).

    Schneider Electric (Euronext: SCHN) gained 1.51 percent to €104.77 after Citibank (NYSE: C) raised it recommendation from “hold” to “buy” and on compensation granted in a judgment that grew out of a blocked bid for Legrand (Euronext: LR).

    Carmakers saw declines to end the week, with Renault (Euronext: RNO) falling 0.5 percent to €116.66 and DaimlerChrysler (FWB: DCX; NYSE: DCX; TYO: 7663) dropping 0.85 percent to €68.78.

    Groupe Danone (Euronext: BN; NSYE: DA) was 3.36 percent lower to €57.02.

    Construction group Vinci (Euronext: DG) was 0.69 percent lower to €57.30, while building materials company Lafarge (Euronext: LG) fell 0.54 percent to €133.81.

    Airline Lufthansa (FWB: LHA) was down 0.82 percent to €20.58.





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