Analytics, News, and Forecasts for CFD Markets: stock news — 13-02-2013.

U.S. stock futures rose as President Barack Obama proposed spending on infrastructure and environmental projects in his State of the Union address.

Global Stocks:

European stocks declined as disappointing earnings from companies including Societe Generale SA offset higher-than-forecast euro-area industrial output and U.S. President Barack Obama’s pledge to expand trade with the region.

Euro-area industrial production increased more than economists forecast in December. Factory production in the 17- nation currency bloc rose 0.7 percent from November, when it declined a revised 0.7 percent, the European Union’s statistics office in Luxembourg said today. Economists had forecast a gain of 0.2 percent, according to the median of 41 estimates in a survey. December output fell 2.4 percent from the year-earlier month.

In the U.S., Obama said he would pursue a trade agreement with the EU to expand the world’s largest economic relationship, while at the same time finishing discussions for a Pacific- region accord. Trade and investment between the U.S. and the 27 nations that make up the EU had a value of $4.5 trillion in 2011.

Societe Generale declined 3.7 percent to 31.45 euros. France’s second-largest bank posted a fourth-quarter loss after writing down its stake in derivatives broker Newedge Group and setting aside 300 million euros ($404 million) for legal expenses. The net loss was 476 million euros, compared with a 100 million-euro profit a year earlier, the Paris-based lender said. That was wider than the average estimate for a loss of 203 million euros.

Heineken added 4.1 percent to 54.08 euros, its highest price since at least 1989. Earnings before interest and taxes, excluding some items, rose to 2.9 billion euros from 2.7 billion euros a year earlier, the maker of Amstel lager and Strongbow cider said in a statement. That beat the median estimate for profit of 2.85 billion euros.

FTSE 100 6,324.69 -13.69 -0.22%

CAC 40 3,679.27 -7.31 -0.20%

DAX 7,669.76 +9.57 +0.12%

Asia’s benchmark stocks gauge traded at an 18-month high as earnings from Commonwealth Bank of Australia and Leighton Holdings Ltd. boosted investor optimism. Japanese shares dropped as a stronger yen soured the earnings outlook for exporters.

Nikkei 225 11,251.41 -117.71 -1.04%

Hang Seng Closed

S&P/ASX 200 5,003.66 +44.67 +0.90%

Shanghai Composite Closed

Commonwealth Bank, the nation’s largest lender, climbed 2.4 percent as retail banking and wealth management boosted first- half profit by 1 percent.

Leighton, Australia’s largest construction company, surged 11 percent after returning to full- year profit and reducing debt levels.

Toyota Motor Corp. slid 1.8 percent in Tokyo as the yen gained against all 16 major peers.

Gree Inc., a Japanese social-network game operator, plunged after cutting its profit forecast.

Japanese shares led Asian stocks higher after a contender for Bank of Japan governor said extra monetary easing can be justified this year. South Korea’s Kospi Index reversed gains as North Korea conducted a nuclear test.

Nikkei 225 11,369.12 +215.96 +1.94%

Hang Seng Closed

S&P/ASX 200 4,958.99 -0.52 -0.01%

Shanghai Composite Closed

Canon Inc., Japan’s largest camera maker that gets 80 percent of sales abroad, gained 2.2 percent as the yen touched the lowest level since May 2010.

Dentsu Inc. soared 10 percent as nine-month operating profit climbed 24 percent.

Nissan Motor Co. sank 3.8 percent after Japan’s second-biggest carmaker reported third-quarter profit that fell short of analyst estimates, with sales dropping in China.

European stocks advanced, rebounding from their slide yesterday, as cost cuts at Barclays Plc outweighed worse-than-expected earnings at Michelin & Cie.

The Stoxx Europe 600 Index added 0.5 percent to 287.07 at the close of trading in London, after yesterday sliding 0.6 percent.

National benchmark index rose in all 18 western-European markets.

FTSE 100 6,338.38 +61.32 +0.98% CAC 40 3,686.58 +36.00 +0.99% DAX 7,660.19 +26.45 +0.35%

Barclays rallied 8.6 percent to 327.4 pence after saying it will cut 1,800 jobs at its investment bank and 1,900 positions at its European consumer- and business-banking unit. The second- largest U.K. lender by assets said it will reduce annual costs by 1.7 billion pounds ($2.7 billion). Barclays posted a loss of 1.04 billion pounds in 2012, its first full-year loss in 20 years.

Michelin dropped 4.3 percent to 69.55 euros after Europe’s largest tiremaker reported operating profit of 2.42 billion euros ($3.26 billion). The average analyst estimate had called for earnings of 2.52 billion euros. Michelin posted profit of 1.95 billion euros a year earlier.

Finmeccanica tumbled 7.3 percent to 4.41 euros after police arrested Chief Executive Officer Giuseppe Orsi and Bruno Spagnolini, the head of the Italian defense contractor’s U.S. helicopter unit.

L’Oreal SA jumped 3.8 percent to 112.05 euros after reporting that earnings increased 12 percent in 2012. The world’s largest cosmetics maker said it will buy back 500 million euros of shares in the first half of this year.

Telenet Group Holding NV soared 4.8 percent to 37.65 euros. The Belgian cable operator controlled by Liberty Global Inc. will return 950 million euros to investors after the other shareholders blocked a plan by John Malone’s company to win full control of the unit.

France Telecom SA slipped 0.7 percent to 7.83 euros, its lowest price since October 2002, after its Polish unit, Telekomunikacja Polska SA, cut its proposed dividend for the second time in four months. Poland’s largest phone company also reported that profit slumped 86 percent in the fourth quarter.

U.S. stock indexes finished trading multidirectional dynamics with moderate positive bias.

Market participants expect the annual address to Congress, U.S. President Barack Obama. Bloomberg referring to the administration of U.S. President said that, in this speech, among other things, the paper the cost of infrastructure development, clean energy and education. It is expected that Obama will defend the view that the promotion of economic growth is the best strategy to reduce the budget deficit. It was expected that Obama's speech will begin at 02:00 GMT on 13 February.

The focus of market participants is a joint statement of the "big seven", which was released in order to prevent a potentially destabilizing step devaluations. In the published document of the "big seven" their commitment to exchange rate as determined by the market. According to a statement, central bank policy will focus exclusively on domestic tasks.

Among the major stock market indices in the red is only Nasdaq, which has a pressure on weak stock Apple (AAPL, -2,41%). Apple shares down amid performances CEO Tim Cook at the conference Goldman Sachs Technology and Internet, which is not inspired investors.

Most of the components of the index DOW rising in price (23 of 30). More than the others fell in the share price The Coca-Cola Company (KO, -2.93%), which provides the pressure on the quarterly report, which did not meet expectations. Leader with shares in Bank of America Corporation (BAC, +3.63%), which are now back up above $ 12 and close to the area of ​​the two-year highs reached in January.

All sectors of the index S & P. except one, are in the black. Leading financial sector (+1.0%). Reduction demonstrates only the technology sector (-0.1%).

At the close:

Dow +47.38 14,018.62 +0.34%

Nasdaq -5.52 3,186.49 -0.17%

S & P +2.4 1,519.41 +0.16%

Change % Change Last

Nikkei 225 11,369.12 +215.96 +1.94%

Hang Seng Closed

S&P/ASX 200 4,958.99 -0.52 -0.01%

Shanghai Composite Closed

CAC 40 3,686.58 +36.00 +0.99%

DAX 7,660.19 +26.45 +0.35%

Dow +47.38 14,018.62 +0.34%

Nasdaq -5.52 3,186.49 -0.17%

S&P +2.4 1,519.41 +0.16%