Analytics, News, and Forecasts for CFD Markets: stock news — 25-10-2012.

European stocks climbed for a second day as companies including Unilever and Sanofi (SAN) posted results that exceeded analysts estimates.

Unilever gained 2.6 percent, its biggest advance in almost three months, after quarterly sales grew faster than analysts had projected. Sanofi rose 1.4 percent after France’s largest drugmaker reported third-quarter profit that retreated less than analysts had predicted.

The Stoxx Europe 600 Index increased 0.3 percent to 270.23 at the close in London as a report showed the U.K. moved out of recession in the third quarter.

Thirty-four companies in the Stoxx 600 post earnings today, according to data compiled by Bloomberg. Of the 89 companies that have reported profit so far this season, 47 have beaten estimates, while 41 have missed them.

The U.K.’s economy expanded in the third quarter more than predicted, rebounding from a recession. Gross domestic product climbed 1 percent from the second quarter, when it dropped 0.4 percent, the Office for National Statistics said.

In the U.S., a Commerce Department release showed orders for durable goods rose 9.9 percent in September. They dropped a revised 13.1 percent in August. Economists had forecast a 7.5 percent increase.

National benchmark indexes declined in 10 of the 18 western-European (SXXP) markets.

FTSE 100 5,805.05 +0.27 0.00% CAC 40 3,411.53 -14.96 -0.44% DAX 7,200.23 +7.38 +0.10% 

Debenhams Plc (DEB) jumped 9.2 percent to 119 pence, the highest price in five years, after saying it will continue to buy back shares next year. The U.K. department-store retailer raised its target for online sales to 600 million pounds ($967 million) from 500 million pounds and said it plans to have a total of 150 franchise stores within the next five years.

Daimler slipped 2.7 percent to 36.79 euros after the German carmaker lowered its 2012 forecast and said it will no longer reach its 2013 operating-margin targets because of tougher market conditions.

WPP Plc (WPP) fell 2.3 percent to 789.5 pence after cutting its full-year sales growth target for the second time in two months. The world’s largest advertising company said revenue, excluding currency fluctuations and acquisitions, will grow 2.5 percent to 3 percent, compared with a previous forecast of about 3.5 percent.

France Telecom SA (FTE) slid 5.2 percent to 8.83 euros after saying it will pay a dividend of 80 cents in both 2012 and 2013. The former telecommunications monopoly made a payout of 1.40 euros in 2011.

Logitech International SA (LOGN) plunged 16 percent to 6.92 francs, its biggest tumble in nine years, after the world’s largest maker of computer mice forecast lower sales and operating profit in the second half of the current fiscal year than a year earlier.

U.S. stock futures rose, indicating the Standard & Poor’s 500 Index will rebound from the lowest level in seven weeks, amid better-than-estimated earnings from PulteGroup Inc. (PHM, the largest U.S. homebuilder by revenue), Aetna Inc. (AET, the third-biggest U.S. health insurer), Symantec Corp. (SYMC, the biggest security-software maker), Wynn Resorts Ltd. (WYNN, owner of casinos in Nevada and Macau).

Global Stock:

Nikkei  9,055.2 +100.90 +1.13%
Hang Seng 21,810.23 +46.45 +0.21%
Shanghai Composite 2,101.58 -14.41 -0.68%
FTSE  5,824.99 +20.21 +0.35%
CAC  3,437.87 +11.38 +0.33%
DAX 7,235.06 +42.21 +0.59%
Crude oil $86.26 +0,62%
Gold $1715.50 +0.82%

European stocks climbed for a second day as companies including BASF SE (BAS) and Unilever NV (UNA) posted results that exceeded analysts’ estimates.

Of the 85 companies that have reported profit so far this season, 43 have beaten estimates, while 41 have missed them.

Britain's GDP today presented a pleasant surprise, registering up third quarter growth of 1.0% q / q, which was above market forecast +0.6%. The results were the highest since Q3. 2007 and broke a streak of three consecutive quarterly declines, suggesting that the UK economy officially emerged from the recession phase.

In the eurozone, the volume of consumer credit continued to fall in September, reflecting a decline of 0.8% y / y vs. -0.6% in August. The growth rate of the M3 monetary aggregate in the region slowed to 3.0% 3m/3m and 2.7% y / y from 3.1% / 2.8% in the previous period. In Italy, the same salary for September rose by 0.1% m / m, with a decline of 1.4% y / y

Unilever gained 3.4 percent to 28.66 euros after the world’s second-biggest consumer-goods company said third-quarter revenue grew 5.9 percent. That beat the 5.3 percent increase estimated by analysts.

BASF added 1.4 percent to 63.54 euros after saying earnings before interest, taxes and one-off items increased 5.4 percent to 2.07 billion euros ($2.7 billion), beating the average analyst forecast of 1.94 billion euros. The world’s largest chemical maker reiterated its full-year target for earnings and sales to increase, while cutting its forecast for economic growth.

Credit Suisse Group AG advanced 2.2 percent to 21.79 Swiss francs after Switzerland’s second-largest bank said it intends to reduce costs by 1 billion francs ($1.1 billion) through the end of 2015. The lender already planned a 3 billion-franc savings program.

FTSE 100 5,827.88 +23.10 +0.40%

CAC 40 3,448.1 +21.61 +0.63%

DAX 7,235.45 +42.60 +0.59%

Most Asian stocks stocks advanced as exporters climbed amid signs of improvement in China’s factory output and the U.S. housing market.

Nikkei 225 9,055.2 +100.90 +1.13%

S&P/ASX 200 4,510.5 +4.68 +0.10%

Shanghai Composite 2,105.99 -10.00 -0.47%

James Hardie Industries SE, a supplier of building materials that counts the U.S. as its biggest market, rose 1.1 percent in Sydney.

Huaneng Power International Inc., a Chinese electricity producer, gained 1.5 percent in Hong Kong.

Sharp Corp. sank 3.6 percent in Tokyo after the Nikkei newspaper reported that the maker of Aquos televisions may report a first- half loss of 400 billion yen ($5 billion).

Asian stocks dropped, with the regional benchmark index heading for its fourth straight loss, as the global economic slowdown crimps corporate earnings and after commodities erased this year’s gains.

Nikkei 225 8,954.3 -59.95 -0.67%

S&P/ASX 200 4,505.8 -37.27 -0.82%

Shanghai Composite 2,113.26 -1.19 -0.06%

BHP Billiton Ltd., the world’s largest mining company, declined 1.4 percent in Sydney.

Kawasaki Heavy Industries Ltd. sank 5.7 percent Tokyo after the gas-turbine maker said first- half earnings missed its forecasts.

Esprit Holdings Ltd. slumped 11 percent as the clothier resumed trading in Hong Kong after saying first-quarter sales plummeted and it plans to raise HK$5.2 billion ($671 million) in a rights offer.

Change % Change Last

Nikkei 225 8,954.3 -59.95 -0.67%

S&P/ASX 200 4,505.8 -37.27 -0.82%

Shanghai Composite 2,113.26 -1.19 -0.06%

FTSE 100 5,804.78 +6.87 +0.12%

CAC 40 3,426.49 +19.99 +0.59%

DAX 7,192.85 +19.16 +0.27%