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Analytics, News, and Forecasts for CFD Markets: stock news — 31-10-2012.
European stocks fell, paring the Stoxx Europe 600 Index’s fifth straight monthly gain, as ArcelorMittal and BG Group Plc reported disappointing results and euro-area governments pressured Greece to increase spending cuts in return for aid.
Euro-area governments pressed Greece to make deeper spending cuts to keep aid flowing. With Greece pleading for a 31 billion-euro ($40 billion) aid payout in November and facing a sixth year of recession in 2013, euro finance ministers said unfreezing loans for the country required more efforts in Athens to rein in the budget deficit and deregulate the economy.
National benchmark indexes fell in 15 of the 18 western- European markets. The U.K.’s FTSE 100 lost 1.2 percent, France’s CAC 40 slid 0.9 percent and Germany’s DAX slipped 0.3 percent.
ArcelorMittal lost 6.4 percent to 11.43 euros after it said earnings before interest, taxes, depreciation and amortization dropped 44 percent to $1.34 billion, in line with the median analyst estimate of $1.3 billion. The steelmaker also cut its 2013 dividend to save $1 billion as slowing Asian demand drags down prices and it attempts to cut debt. Next year’s payout will drop to 20 cents a share from the 75 cents planned for 2012.
Air France jumped 8.4 percent to 6.45 euros. Europe’s largest airline reported a 27 percent increase in third-quarter operating profit to 506 million euros as job cuts and improved summer traffic offset higher fuel costs. Analysts had predicted earnings of 434 million euros, based on the average of nine estimates.
Lufthansa rose 7.3 percent to 11.79 euros after Europe’s second-biggest airline posted a 6.2 percent increase in third- quarter operating profit to 648 million euros as a cost-savings program helped boost earnings. Analysts had estimated earnings of 522 million euros, based on nine estimates.
Fiat Industrial SpA climbed 3 percent to 8.36 euros. The truck and tractor manufacturer raised its 2012 sales target after reporting a 19 percent increase in third-quarter earnings before interest, taxes and one-time gains to 575 million euros. That beat the 505 million-euro average analyst estimate, amid higher demand for CNH farm equipment.
U.S. stock-index futures advanced as equity markets in the world’s largest economy prepared to reopen after Hurricane Sandy.
Shares of the largest U.S. home-improvement retailer Home Depot Inc. (HD) climbed in pre-market trading following the storm. Shares of Walt Disney Co. (DIS) rose after agreeing to buy George Lucas’s Lucasfilm Ltd. for $4.05 billion.
Global Stocks:
Nikkei 8,928.29 +86.31 +0.98%
Hang Seng 21,641.82 +213.24 +1.00%
Shanghai Composite 2,068.88 +6.53 +0.32%
FTSE 5,830.68 -19.22 -0.33%
CAC 3,461.58 +2.14 +0.06%
DAX 7,318.29 +33.89 +0.47%
Crude oil $86.18 +0,58%
Gold $1718.20 +0.36%
Фьючерсы растут на премаркете. Поддержку оказывают вчерашние данные по индексу цен на жилье от S&P/Case-Shiller, который по итогам августа вырос на 2,0% против прогноза +1,9% и значения за ибль +1,2%.
Позитивно на индексах отражаются ожидания данных по индексу деловой активности в производственном секторе Китая. Аналитики ожидают, что производственный индекс PMI Китая в октябре поднимется выше отметки 50 пунктов. Данные будут опубликованы завтра.
Поддерживает фьючерсы также рост некоторых крупных компаний, акции которых входят в состав индекса DOW:
Home Depot Inc (HD) и Walt Disney Co (DIS). Певые растут на фоне ожиданий роста выручки после прошедшего урагана, вторым поддержку оказывают сообщения о покупке киностудии Lucasfilm.
В целом, настроения до открытия рынков не указывают на продажи.
В S&P Capital IQ отметили: “История показывает, что, как правило, последствия ураганов не приводят к продажам на фондовом рынке”.
Trading in Europe opened growth stocks. The reason for this was a positive corporate reports of European companies.
Create a negative background data on the labor market in Italy, where unemployment in September rose to 10.8%, its highest level since January 2004, thus affecting the level of unemployment in the euro area. Rose to 11.6%.
Also fell short of analysts' forecast data on the growth of retail sales in Germany and France.
FTSE 100 5,842.85 -7.05 -0.12%
CAC 40 3,472.37 +12.93 +0.37%
DAX 7,331.74 +47.34 +0.65%
Shares of oil and gas giant Total gained 1.6% due to the increase in net profit for the third quarter by 20% - up to 3.3 billion euros at the forecast of analysts 3.1 billion euros.
Capitalization airline Deutsche Lufthansa rose by 4.4%. After announcing data on the growth of profit in July-September, to 648 million euros from 610 million euros in the same period a year earlier (the forecast of analysts 522 million euros.)
Quotes of Air France-KLM rose 2.7% due to the increase in operating profit.
Asian stocks rose, with the regional benchmark index heading for its first advance in four days and paring its loss for the month, after U.S. home prices increased and South Korea’s industrial production expanded.
Nikkei 225 8,928.29 +86.31 +0.98%
S&P/ASX 200 4,517 +31.31 +0.70%
Shanghai Composite 2,068.88 +6.53 +0.32%
Canon Inc., a Japanese camera maker that gets 27 percent of its sales in the Americas, gained 1.5 percent.
Fuji Heavy Industries Ltd. surged 6.7 percent after the maker of Subaru cars raised its profit forecast.
Industrial & Commercial Bank of China Ltd. paced gains among mainland lenders listed in Hong Kong after earnings at the world’s largest bank by market value beat analyst estimates.
Most Asian stocks fell after the Bank of Japan’s expansion of its asset-purchase program failed to allay concern economic growth in the world’s third-largest economy is waning. Hurricane Sandy forced U.S. markets to shut for a second day.
Nikkei 225 8,841.98 -87.36 -0.98%
S&P/ASX 200 4,485.69 +8.83 +0.20%
Shanghai Composite 2,062.35 +3.40 +0.17%
Toyota Motor Corp. lost 0.5 percent, reversing earlier gains, after the central bank’s announcement. BYD Co., the Chinese automaker partially owned by Warren Buffett’s Berkshire Hathaway Inc., tumbled 5.5 percent after saying profit may fall as much as 98 percent this year.
Sharp Corp. surged 6.2 percent in Tokyo on a report the maker of liquid-crystal displays is in partnership talks with Apple Inc. and Google Inc.
European stocks rose the most in two weeks as companies from BP Plc to Deutsche Bank AG reported earnings that topped estimates and U.S. house prices climbed.
Teleconference was held today between the Ministry of Finance of the Eurogroup, in which officials discussed the situation in Greece and how to get the country back on the path of sustained recovery ahead of the meeting, scheduled for November 12. Another meeting will be held tomorrow, at which EU leaders are going to help the problem state by another reduction program.
The Bank of Japan on Tuesday expanded the program of buying up assets and lending by 11 trillion yen to 91 trillion yen, and launched a program of unlimited long-term loans to banks at low rates.
The September unemployment rate in Germany was revised from 6.8% to 6.9%, remained unchanged in October. Spanish GDP surprised annual decline, the data on consumer confidence, though the eurozone improved slightly, but still remained weak. Italy sold five-and 10-year bonds at a lower yield, and the balance of sales in the UK, according to research by CBI, was 30 in October.
National benchmark indexes advanced in 15 of the 18 western-European markets. Germany’s DAX climbed 1 percent, the U.K.’s FTSE 100 gained 0.8 percent and France’s CAC 40 rallied 1.4 percent.
BP jumped 4.4 percent to 443.7 pence, the largest jump in 11 months. The company said third-quarter net income rose to $5.4 billion from $5 billion in the same period of 2011 and raised its dividend by 12.5 percent to 9 cents a share. Profit adjusted for one-time items and changes in inventory was $5.2 billion, compared with the average estimate of $4 billion.
Eni SpA added 2.1 percent to 17.69 euros as Italy’s largest oil producer reported third-quarter adjusted net income from continuing operations of 1.78 billion euros ($2.3 billion). Analysts had forecast 1.56 billion euros.
Deutsche Bank increased 4.5 percent to 34.80 euros. The lender said third-quarter profit rose 3 percent after investment-banking revenue exceeded targets. Net income climbed to 747 million euros in the three months through September from 725 million euros a year earlier, the company said. That beat the 563.9 million-euro average estimate of analysts.
UBS climbed 5.9 percent to 13.89 Swiss francs, its highest price since July 2011. The bank said it plans to save about 3.4 billion francs ($3.7 billion) in additional annual costs by the end of 2015 as it reduces headcount by 10,000 to about 54,000. The company will target a return on equity of at least 15 percent starting in 2015, compared with a previous goal of 12 percent to 17 percent.
Danske Bank slumped 9.4 percent to 94 kroner, its biggest drop since February 2011. Denmark’s largest lender said it plans to sell 7 billion kroner ($1.2 billion) in new shares as part of an effort to achieve a core Tier 1 capital ratio in excess of 13 percent by the end of next year.
The main U.S. stock markets are closed due to weather conditions
Change % Change Last
Nikkei 225 8,841.98 -87.36 -0.98%
S&P/ASX 200 4,485.69 +8.83 +0.20%
Shanghai Composite 2,062.35 +3.40 +0.17%
FTSE 100 5,849.9 +54.80 +0.95%
CAC 40 3,459.44 +50.55 +1.48%
DAX 7,284.4 +81.24 +1.13%
Dow closedNasdaq closed
S&P closed
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