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European shares to snap 3-week losing streak as strong profits help

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ReutersMILAN, Feb 16 (Reuters) – Eu shares were determine to snap a three-week losing streak on Friday, supported with continued Dominance in earnings updates, as volatility calmed drop & jitters over hight inflation eased.
According to the latest information from Thomson Reuters, Eu fourth-quarter earnings are seen hight 14.6 percent.
That Information Systems a large upwards revision from final week’s eleven % development prediction & follows 15 weeks marred with a string of downgrades.
On the day, the biggest gainer on the STOXX was Vopak, up 12.5 percent, after earnings fell less than expected, When Eutelsat soared 5.8 % next its first-half update.
Swedish defence company Saab but plummeted 11.1 % as its dividend suggestion fell short of expectations.

Strong earnings help Eu shares recover from sell-off

MILAN (Reuters) – Eu shares gained on Friday, snapping a three-week losing streak as earnings updates continued to impress & volatility & jitters over hight inflation eased.
Solid reports from large-cap companies involving Renault (RENA.PA) & EDF (EDF.PA) raised the STOXX 600 index 1.1 percent.
Among country benchmarks, the UK’s FTSE .FTSE was up 0.8 percent, as was Germany’s DAX .GDAXI.
Even though its first-half core profit fell 7.4 percent, 1 merchant told internet profit win expectations & cost-cutting surprised positively.
Vivendi (VIV.PA) shares dropped six % as the French media conglomerate disappointed Businessmen with unsuccessful to offer complete guidance for 2018.

 

Eu shares
Eu shares

Strong earnings help Eu shares recover from sell-off

as informed in MILAN (Reuters) – Eu shares gained on Friday, snapping a three-week losing streak as earnings updates continued to impress & volatility & jitters over hight inflation eased.
Solid reports from large-cap companies involving Renault (RENA.PA) & EDF (EDF.PA) raised the STOXX 600 index 1.1 percent.
Among country benchmarks, the UK’s FTSE .FTSE was up 0.8 percent, as was Germany’s DAX .GDAXI.
Even though its first-half core profit fell 7.4 percent, 1 merchant told internet profit win expectations & cost-cutting surprised positively.
Vivendi (VIV.PA) shares dropped six % as the French media conglomerate disappointed Businessmen with unsuccessful to offer complete guidance for 2018.

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