Analytics, News, and Forecasts for CFD Markets: stock news — 27-02-2013.

European stocks climbed, rebounding from the lowest level in more than two weeks, as companies from European Aeronautic, Defence & Space Co. to Bouygues (EN) SA reported results that beat analysts’ estimates.

The Stoxx Europe 600 Index (SXXP) gained 0.9 percent to 287.17 at the close of trading after earlier falling as much as 0.3 percent.

Economic confidence in the euro area increased more than economists forecast in February, adding to signs that the 17- nation currency bloc may be emerging from a recession.

In the U.S., orders for durable goods excluding transportation gear climbed in January by the most in a year. Bookings for equipment meant to last at least three years minus demand for things such as aircraft, which is often volatile, climbed 1.9 percent, exceeding the median forecast of economists and the most since December 2011, Commerce Department data showed. Contracts to purchase previously owned U.S. homes climbed more than forecast.

National benchmark indexes climbed in 14 of the 18 western European markets.

FTSE 100 6,325.88 +55.44 +0.88% CAC 40 3,691.49 +69.57 +1.92% DAX 7,675.83 +78.72 +1.04%

EADS (EAD) advanced 6.5 percent to 37.14 euros, the highest price since the shares started trading in July 2000. The company reported a 68 percent gain in full-year earnings before interest, taxes and one-time items to 3 billion euros, beating the average analyst estimate of 2.57 billion euros.

Bouygues rallied 13 percent to 21.96 euros, the biggest jump since August 2011. France’s second-largest builder reported a 41 percent drop in 2012 profit to 633 million euros as its phone unit suffered from competition. That still beat the average analyst estimate of 584 million euros.

Swiss Life Holding AG (SLHN) jumped 8.7 percent to 151.90 francs, the largest increase since March 2009, as Switzerland’s biggest life insurer reported higher operating profit in its home market and France.

Bwin.Party Digital Entertainment Plc (BPTY), the gambling company that has a partnership with Atlantic City’s top-grossing casino, soared 8.9 percent to 150 pence, after New Jersey Governor Chris Christie signed legislation authorizing online gambling in the state.

Kabel Deutschland slid 2.55 euros to 67.03 euros after three people familiar with the matter said Vodafone put on hold plans to approach Kabel about a takeover bid after leaks of a potential offer complicated internal discussions.

Royal Imtech NV (IM) sank 11 percent to 8.65 euros, its lowest price since May 2005, after it announced a 500 million-euro rights offer to help cut debt.

Global Stocks:

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Shares of Google (GOOG) was upgraded from Neutral to Buy at BofA/Merrill

European stocks were little changed, after yesterday’s selloff, as Italy sold 6.5 billion euros ($8.5 billion) of securities.

Italian 10-year securities pared a monthly decline as the Rome-based Treasury sold 4 billion euros of new 10-year bonds at an average yield of 4.83 percent. That’s up from 4.17 percent at a previous auction on Jan. 30. It allotted 2.5 billion euros of five-year notes at 3.59 percent, compared with 2.94 percent at last month’s sale.

Kabel Deutschland slid 2.81 euros to 66.77 euros. Vodafone increased 1.5 percent to 164.35 pence after the company was said to have put on hold plans to approach Kabel about a takeover bid after leaks of a potential offer complicated internal discussions.

Bouygues rallied 7.2 percent to 20.79 euros. France’s second-largest building company reported a 41 percent drop in 2012 profit to 633 million euros as its phone unit suffered from competition. That still beat the average analyst estimate of 584 million euros.

Swiss Life Holding AG jumped 5.4 percent to 147.30 Swiss francs. Switzerland’s biggest life insurer reported a second- half loss of 268 million francs ($288 million) after posting a writedown on its German brokerage AWD Holding AG. The loss was narrower than the average analyst projection of 300 million francs.

FTSE 100 6,281.25 +10.81 +0.17%

CAC 40 3,635.01 +13.09 +0.36%

DAX 7,598.66 +1.55 +0.02%

Asian stocks outside Japan gained after U.S. housing and consumer confidence data beat estimates. Japanese shares fell as the yen rose ahead of an Italian bond sale, with yields surging after the nation’s deadlocked election stoked debt crisis concern.

Nikkei 225 11,253.9 -144.84 -1.27%

Hang Seng 22,577.01 +57.32 +0.25%

S&P/ASX 200 5,036.59 +33.03 +0.66%

Shanghai Composite 2,313.22 +19.88 +0.87%

Techtronic Industries Co., a power-tool maker that counts the U.S. as its biggest market, advanced 5.8 percent in Hong Kong.

Canon Inc., a Japanese camera maker that gets 29 percent of its sales in Europe, lost 2.7 percent.

Asian stocks fell, with the regional benchmark index poised to slide for the first time in three days, on concern Italy’s elections may reignite Europe’s debt crisis.
Hong Kong’s Hang Seng Index erased its gains this year on a report Beijing may introduce more property curbs.

Nikkei 225 11,398.81 -263.71 -2.26%

Hang Seng 22,519.69 -300.39 -1.32%

S&P/ASX 200 5,003.57 -52.20 -1.03%

Shanghai Composite 2,293.34 -32.48 -1.40%

Sony Corp., a Japanese consumer electronics maker that gets a fifth of its revenue in Europe, lost 3.7 percent.

Shimao Property Holdings Ltd. sank 4.8% in Hong Kong.

Hanwha Life Insurance Co. plunged 9.8% in Seoul after Hanwha Chemical Corp. sold its shares.

Global Logistic Properties Ltd. slumped 6.9% in Singapore after a sovereign wealth fund in the city-state said it’s selling a stake in the biggest owner of industrial properties in Japan.

European stocks declined as Italy’s inconclusive parliamentary election renewed concern that the Mediterranean nation will dilute its austerity program and the region’s sovereign-debt crisis will deepen.

The Stoxx Europe 600 Index (SXXP) fell 1.3% at the close of trading, the biggest loss since Feb. 21.

Confidence among U.S. consumers rebounded more than forecast in February from its weakest level since November 2011. The Conference Board’s index increased to 69.6 from a revised 58.4 in January. The median forecast in a Bloomberg survey of 76 economists called for a gain to 62.

National benchmark indexes dropped in all 18 western European markets, except Ireland and Denmark.

FTSE 100 6,270.44 -84.93 -1.34%

CAC 40 3,621.92 -99.41 -2.67%

DAX 7,597.11 -176.08 -2.27%

Telecom Italia plunged 7.3%, the lowest price since August 1997.

SEB SA dropped 3.5% after reporting full-year net income of 194.2 million euros ($254 million), missing the average analyst estimate for 206.6 million euros.

BASF lost 4.5%, the sharpest decrease since April. Earnings before interest, tax and one-time items increased 18 percent to 1.8 billion euros in the fourth quarter, the company said today. That missed the median analyst estimate of 1.83 billion euros.

William Demant Holding A/S (WDH), a maker of hearing aids, dropped 5.6 percent to 454.90 kroner, its largest retreat since Aug. 16. The Smorum, Denmark-based company said it expects 2013 Ebit to exceed last year’s 1.65 billion ($290 million) kroner. Analysts had estimated profit of 1.99 billion kroner.

Pandora A/S added 3.8%. The Nordic region’s biggest jewelry maker announced a plan to buy back 700 million kroner of shares this year, equal to 3.6% of its current market value.

Change % Change Last

Nikkei 225 11,398.81 -263.71 -2.26%

Hang Seng 22,519.69 -300.39 -1.32%

S&P/ASX 200 5,003.57 -52.20 -1.03%

Shanghai Composite 2,293.34 -32.48 -1.40%

CAC 40 3,621.92 -99.41 -2.67%

DAX 7,597.11 -176.08 -2.27%

Dow +116.26 13,900.43 +0.84%

Nasdaq +13.4 3,129.65 +0.43%