Analytics, News, and Forecasts for CFD Markets: stock news — 23-11-2012.

European stocks climbed, with the benchmark index completing its biggest weekly gain in almost a year, as German business confidence rose and investors watched Black Friday sales to gauge prospects for U.S. holiday shopping.

Outotec Oyj surged 6.3 percent after predicting an increase in its operating-profit margin in 2013. European Aeronautic, Defence & Space Co. (EAD) declined 1.4 percent after a report that Germany will buy shares in the world’s largest maker of civil aircraft from Франце

The Stoxx Europe 600 Index (SXXP) added 0.6 percent to 273.33 in London. The gauge jumped 4 percent this week, the most since Dec. 2, as U.S. and Chinese data added to signs the global economy is on the mend and optimism grew that American lawmakers will reach a budget compromise.

The Munich-based Ifo institute said its business climate index for Germany, based on a survey of 7,000 executives, climbed to 101.4 in November from 100 in October. Economists predicted a drop to 99.5. French business confidence increased from the lowest in more than three years this month, a separate report showed.

National benchmark indexes climbed in 16 of the 18 western European markets.

FTSE 100 5,819.14 +28.11 +0.49% CAC 40 3,528 +30.58 +0.87% DAX 7,309.13 +64.14 +0.89%

Euro-area finance ministers will hold an emergency meeting in Brussels on Nov. 26 to discuss unlocking the next installment of aid to Greece. Their meeting this week failed to produce a decision as creditors led by Germany refused to bring fresh money or offer debt relief.

Iliad SA (ILD), the mobile operator that drove prices down in France with a 2-euros-a-month offering, climbed 4.1 percent to 133.65 euros, the highest since it sold shares to the public in 2004. Morgan Stanley upgraded the stock to overweight, a recommendation similar to buy, from equal weight.

Valeo SA (FR), France’s second-biggest car-parts maker, gained 3.4 percent to 35.45 euros. The stock was raised to buy from neutral at Goldman Sachs Group Inc.

Arkema SA (AKE) rose 2.4 percent to 76.67 euros after Chief Executive Officer Thierry Le Henaff said he expects demand in China to grow at a good pace after the Chinese new year.

Amadeus IT Holding SA (AMS) lost 2.6 percent to 18.00 euros, falling for the eighth day. HSBC Holdings Plc owns more than 400 million euros ($515 million) of Amadeus IT Holding shares after failing to find buyers for a stake in the travel reservations company. HSBC, which attempted to place a block of Amadeus shares last week, holds 5.4 percent of the company, the bank said in a filing to the Spanish financial regulator this week.

Fraport AG, owner of the Frankfurt airport, retreated 2.3 percent to 42.60 euros. The stock was cut to underweight, the equivalent of sell, from neutral at HSBC Holdings Plc.

U.S. stock futures rose amid easing concern about Europe’s economy as German business confidence unexpectedly climbed.

Global Stocks:

Hang Seng 21,913.98 +170.78 +0.79%
Shanghai Composite 2,027.38 +11.77 +0.58%
FTSE  5,808.37 +17.34 +0.30%
CAC  3,505.28 +7.06 +0.20%
DAX 7,267.74 +22.75 +0.31%
Crude oil $87.32 -0.07%
Gold $1732.30 + 0.24%

Argus is lowering Intel (INTC) tgt to $25 from $30.

Most European stocks declined, with the Stoxx Europe 600 Index heading for its biggest weekly rally in more than nine months, as German business confidence climbed, offsetting a deadlock over the region’s budget.

The Munich-based Ifo institute said its business climate index for Germany, based on a survey of 7,000 executives, climbed to 101.4 in November from 100 in October. Economists predicted a drop to 99.5. French business confidence increased from the lowest in more than three years this month, a separate report showed.

Divisions between rich and poor countries flared over the European Union’s next seven-year budget, leading German Chancellor Angela Merkel to rule out an accord until the new year.

Euro-area finance ministers will hold an emergency meeting in Brussels on Nov. 26 to discuss unlocking the next installment of aid to Greece. Their meeting this week failed to produce a decision as creditors led by Germany refused to bring fresh money or offer debt relief.

Outotec jumped 6.9 percent to 39.26 euros, the biggest gain in two months. The Finnish maker of mining machinery said its sales and operating margin will increase in 2013, driven by a strong order book, the current market outlook and customer tendering activity. The company also said it aims to raise its services revenue to 1 billion euros per year by the end of 2017.

EADS dropped 2 percent to 24.75 euros, the lowest since Oct. 1. The German government will buy shares in EADS from France, Handelsblatt reported, citing unidentified German government sources. German, and French governments aim to have 12 percent ownership each in EADS, while Spain will hold a 5 percent stake, according to Handelsblatt.

FTSE 100 5,789.62 -1.41 -0.02%

CAC 40 3,491.72 -6.50 -0.19%

DAX 7,233.22 -11.77 -0.16%

Asian stocks rose, led by gains in rare-earth companies, and as Taiwan shares surged after the island’s finance minister said government-controlled funds should buy equities at lows. Japanese markets are closed today.

Nikkei 225 Closed

Hang Seng 21,857.91 +114.71 +0.53%

S&P/ASX 200 4,413 -0.07 0.00%

Shanghai Composite 2,034.04 +18.43 +0.91%

Lynas Corp., builder of the largest rare-earth refinery in Malaysia, climbed 5.5 percent in Sydney as it prepares to start production in the Southeast Asian country.

China Rare Earth Holdings Ltd. rose 4.1 percent in Hong Kong after a report the government plans to provide subsidies to the industry.

The Taiex Index jumped 2.7 percent in Taipei, leading gains among the region’s benchmark indexes.

Asian stocks gained, with the regional benchmark index headed for its highest close in two weeks, on signs the U.S. jobs markets is stabilizing and Chinese manufacturing is recovering.

Companies that do business with China gained. The nation’s manufacturing may expand for the first time in 13 months in November, according to a preliminary survey released today by HSBC Holdings Plc and Markit Economics.

Nikkei 225 9,366.8  +144.28 +1.56%      

S&P/ASX 200 4,413.07   +43.57 +1.00%        

Shanghai Composite 2,015.61   -14.71 -0.72%

BHP Billiton Ltd., a mining company that counts China as its biggest market, gained 1 percent in Sydney.

Honda Motor Co., a Japanese carmaker that gets about 44 percent of sales from North America, climbed 3.5 percent as the weakened yen and U.S. claims for jobless benefits fell.

Sharp Corp. advanced 4.3 percent after Japan’s largest maker of liquid-crystal displays said it has found customers for panels used in smartphones.

Change % Change Last

Nikkei 225 9,366.8  +144.28 +1.56%      

S&P/ASX 200 4,413.07   +43.57 +1.00%        

Shanghai Composite 2,015.61   -14.71 -0.72%

FTSE 100 5,788.96 +36.93 +0.64

CAC 40 3,497.74 +20.38 +0.59%

DAX 7,243.66 +58.95 +0.82%