Established 1999
 
8,000 companies from
USA,Canada and India.
 
   
Search over 25,000 News & Earnings Archives    
 
Market Update : 
Lloyds, EasyJet Help Europe Rebound 2%
Author: Elena Todorova
123jump.com
Last Update: 1:56 PM EDT July 31 2007


(Continued)

Email article | Print article

European stock markets rebounded from recent weakness to post their best one-day gains since the middle of March. Stocks were led higher by strong financial sector, as positive earnings and deal news managed to offset continued credit-markets concerns. Airlines also stood out among gainers. Ryanair jumped 11.6% and EasyJet climbed 12.9%. The U.K. surged 2.5% at 6,360.10, France jumped 1.9%, and Germany climbed 1.7%.

 
Mitsubishi Heavy Industries declined 4% to 843 yen after reporting first quarter earnings of 17 billion yen from 9.2 billion yen a year ago. The net sales in the first quarter increased to 685 billion yen, up 17.1% from 585.5 billion yen. The net income and earnings per share jumped 83.6%. For the fiscal year 2007 ending in March 2008 company guided revenue of 3.1 trillion and net income of 54 billion.

Nippon Steel, Sumitomo Metals, JFE Holdings said that the companies are investigated for a possible price fixing violations.
  1  2  3  4 More: Market Update Archive

 


 

350 Fund Managers Interviews - 10-year Annual earnings on 4,600 U.S. companies - 20-quarter Earnings on 3,800 U.S. companies - 3,200 U.S. IPO Prospectuses
- 2,100 Economic data releases from U.S., EU, UK, India, HK and Australia. 10-year Annual reports on 3,500 U.S. companies -
U.S. Earnings Calendar with 4,800 companies - 90,000 10-K reports - 26,000 Global markets news archive - 2,200 Earnings Conference Call Summaries

© 1999-2008 123jump.com. All rights reserved