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Market Update : 
Strong Earnings Boost Market
Author: Elena Todorova
123jump.com
Last Update: 10:03 AM EDT July 18 2006


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European stocks slightly advanced at mid-day trading, benefiting from improved guidance at Heineken, which helped offset some losses amid the ongoing Mideast fighting. The shares of the brewer rose 3.3% in Amsterdam after the company lifted its 2006 profit outlook. Among declining stocks, a notable loser was the French IT services group Atos Origin, which dropped 16.7% on revenue warning for the full year. U.K. online gaming stocks sharply dropped for a second straight session, with Party Gaming down 6.8%, and Sportingbet slipping 21.2%. A downbeat update from peer Empire Online also added pressure, with the stock falling 8%. The German DAX 30 added 0.2%, the French CAC 400 advanced 0.2%, while London FTSE 100 added a fraction of a percentage point at 5,701.


$15.73
0.13%
$64.68
0.12%
$68.44
0.74%
$12.20
2.87%
$37.35
-0.40%
$23.00
0.79%
$84.88
1.65%
click on symbol for profile



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Market data: BATS Exchange. Inc.

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