European stocks slipped for a third day
23.10.2012, 10:20

European stocks slipped for a third day

 

European stocks slipped for a third day as earnings reports from companies disappointed investors.

Moody’s Investors Service lowered its credit rating on Catalonia and four other Spanish regions. The decision was “driven by the deterioration in their liquidity positions, as evidenced by their very limited cash reserves as of September 2012 and their significant reliance on short-term credit lines to fund operating needs,” the ratings company said.

Alfa Laval slipped 6.5 percent to 115.80 kronor. The company reported third-quarter order intake of 7.29 billion kronor ($1.1 billion), missing the estimates of Deutsche Bank AG and UBS AG. Alpha Laval said it sees fourth-quarter demand in line with or lower than that of the third quarter.

Norsk Hydro ASA declined 3.2 percent to 26.03 kroner. Europe’s third-largest aluminum maker reported a loss in the third quarter as prices for its goods declined. The net loss was 277 million kroner ($49 million), compared with a profit of 997 million kroner a year earlier, the company said.

Michelin added 4.5 percent to 64.67 euros. The company said third-quarter revenue rose 5.7 percent on higher demand for specialty tires. Sales increased to 5.44 billion euros from 5.14 billion euros a year earlier, beating the 5.31 billion-euro average of analyst estimates.

Lafarge SA, the world’s biggest cement maker, gained 0.8 percent to 45.18 euros. Credit Suisse Group AG raised its rating on the stock to outperform, the equivalent of buy, from neutral.

 

FTSE 100 5,839.88 -43.03 -0.73%

CAC 40 3,466.25 -17.00 -0.49%

DAX 7,267.31 -60.74 -0.83%

 

© 2000-2025. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik