European stocks advance as companies report gains

Note: This section contains information in English only.
Source: Bloomberg
The Stoxx Europe 600 Index advanced 0.3%, extending this month gains. Major contributor was TomTom NV, which surged 5.4% after Dutch producer of navigation system increased their earning forecasts for 2013. Eni SpA jumped 2.8% after announcing that their third quarter net income beat expectations, while Sanofi tumbled 1.9% after saying that their profits will most likely fall 10% this year.
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Wed, 30 Oct 2013 11:23:10 GMT

Statoil Q3 profit report overshoots expectations

One of the world's biggest oil and gas producers reported Q3 earnings data on Wednesday was well ahead of expectations. Statoil's net income after taxes added 2% to $2.1 billion from $2.02 billion last year, which is $34 million more than expected, while domestic production advanced almost 6% and international output rose by 13%. Q3 oil output grew to 1.852

Wed, 30 Oct 2013 11:01:04 GMT

Sterling fluctuated before business survey

The Pound was changing hands at $1.6047 as of 7:43 am in London, after reaching $1.6257 last week, the highest since October 1, as economists expect British businesses survey to reveal home prices growth and manufacturing expansion slowdown. The Sterling traded at 85.63 pence per Euro after slipping to 85.85 pence a day before, which is the lowest level

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