Analytics, News, and Forecasts for CFD Markets: stock news — 25-09-2012.

European stocks advanced as U.S. home prices and consumer confidence increased more than forecast, adding to signs the world’s largest economy is strengthening.

Lonza (LONN) Group AG rose 3 percent amid reports of takeover speculation. Weir Group (WEIR) Plc climbed 4.4 percent as analysts said General Electric Co. may be interested in buying the mining- equipment maker. Continental AG (CON) sank 4 percent as Schaeffler AG sold a 10.4 percent stake in the tire producer. Infineon Technologies AG (IFX) slid 6.3 percent after Europe’s second-biggest semiconductor maker forecast a decline in revenue.

The Stoxx Europe 600 Index (SXXP) added 0.4 percent to 275.82

National benchmark indexes rose in 11 of the 18 western European markets.

FTSE 100 5,863.14 +24.30 +0.42% CAC 40 3,513.64 +16.42 +0.47% DAX 7,423.66 +10.50 +0.14%  

Lonza, which produces chemicals and biotechnology products, jumped 3 percent to 51.10 Swiss francs. The Guardian and the Daily Mail reported that BASF SE and Saudi Basic Industries Corp. may be interested in buying the Swiss company, citing speculation among traders.

Weir Group climbed 4.4 percent to 1,817 pence, rising for the first time in four days. Analysts at Oriel Securities Ltd. and Investec Ltd. said GE will probably be drawn to Weir as the U.S. company looks to build its mining-equipment division through acquisitions.

Suedzucker AG (SZU) gained 3.2 percent to 28.49 euros after the world’s largest sugar producer boosted its earnings forecast for the year.

Daily Mail & General Trust Plc (DMGT) climbed 1.7 percent to 498.5 pence as the publisher of the U.K.’s Daily Mail and Mail on Sunday newspapers said full-year results will be in line with analysts’ forecasts.

A gauge of auto-industry shares dropped 1.5 percent for the biggest decline among the 19 industry groups in the Stoxx 600 as Goldman Sachs Group Inc. cut its profit estimates for Daimler AG (DAI), Volkswagen AG (VOW) and Bayerische Motoren Werke AG. (BMW)

Daimler fell 1.5 percent to 39.51 euros, VW lost 1.8 percent to 152.15 euros and BMW slid 1.4 percent to 58.79 euros.

Infineon tumbled 6.3 percent to 5.1 euros, the biggest retreat in nearly three months. The company predicted sales in the three months through December will decline as much as 10 percent from the previous quarter as clients cut spending amid the economic slowdown.

Telekom Austria AG (TKA), the phone company partly controlled by Carlos Slim’s America Movil SAB, plunged 7.2 percent to 5.70 euros, the lowest price since April 2001. The Vienna-based company cut its dividend forecast for this year to 0.05 euros a share from 0.38 euros.

Georg Fischer AG slumped 6.1 percent to 348.25 francs, its largest drop in four months. Vontobel Holding AG trimmed its recommendation on Europe’s biggest maker of iron castings for cars to reduce from buy.

U.S. stock futures rose as home prices climbed more than forecast and investors awaited a report that may show consumer confidence improved.

Global Stocks:

European stocks were little changed as investors awaited reports on U.S. consumer confidence and house prices.

Greece faces a financing gap that won’t be solved by budget measures being discussed because a weak economy and delayed privatizations have worsened its fiscal situation, International Monetary Fund Managing Director Christine Lagarde said at the Peterson Institute for International Economics in Washington yesterday.

German Chancellor Angela Merkel meets with European Central Bank President Mario Draghi in Berlin today.

Continental AG sank 4.5 percent as Schaeffler AG sold a 10.4 percent stake in the tire producer.

Telekom Austria AG, dropped 6 percent to an 11-year low after cutting its dividend because cash flow will be lower than expected.

FTSE 100 5,831.81 -7.03 -0.12%

CAC 40 3,476.66 -20.56 -0.59%

DAX 7,375.54 -37.62 -0.51%

Asia’s benchmark stock index swung between gains and losses as increases among telecommunications companies offset drops in exporters after weaker German business confidence curbed the outlook for sales to Europe.

Nikkei 225 9,091.54 +22.25 +0.25%

S&P/ASX 200 4,372.9 -12.57 -0.29%

Shanghai Composite 2,029.29 -3.90 -0.19%

Telecom Corp. of New Zealand Ltd., the nation’s largest provider of Internet connections, advanced 1.9 percent, as investors sought shares with earnings less tied to economic growth.

Brother Industries Ltd., a Japanese office-equipment maker that gets almost 30 percent of sales from Europe, fell 1 percent.

Komatsu Ltd., the world’s second-biggest construction- equipment maker, lost 1 percent in Tokyo as competitor Caterpillar Inc. cut its 2015 profit forecast.

Asian stocks fell amid concern that talks among European leaders to resolve the region’s debt crisis are deadlocked, curbing the earnings outlook for the region’s exporters.

Nikkei 225 9,069.29 -40.71 -0.45%

S&P/ASX 200 4,385.5 -22.79 -0.52%

Shanghai Composite 2,038.33 +11.64 +0.57%

Canon Inc., a Japanese camera maker that gets 30 percent of its sales in Europe, slid 3.9 percent.

Rio Tinto Group, the world’s third-largest mining company, retreated 2.4 percent in Sydney as declining copper prices dragged raw-material shares lower.

Newcrest Mining Ltd., Australia’s biggest gold producer, slid 1.9 percent as JPMorgan Chase & Co. downgraded its recommendation on the shares.

Change % Change Last

Nikkei 225 9,069.29 -40.71 -0.45%

S&P/ASX 200 4,385.5 -22.79 -0.52%

Shanghai Composite 2,038.33 +11.64 +0.57%

FTSE 100 5,838.84 -13.78 -0.24%

CAC 40 3,497.22 -33.50 -0.95%

DAX 7,413.16 -38.46 -0.52%

Dow 13,560.00 -19.47 -0.14%

Nasdaq 3,160.78 -19.18 -0.60%

S&P 500 1,457.09 -3.06 -0.21%