European stocks are moving in different directions

The focus of the market are corporate reports, as well as teleconference eurozone finance ministers, which is expected to be approved by the program of financial assistance to the banking sector in Spain.

The British company Vodafone Group Plc, the largest mobile operator in Europe and the world by revenue, according to financial results of I quarter ended June 30, reduced total revenue by 7.7% in annual terms.

In April-June revenues totaled 10.77 billion Vodafone pounds ($ 16.90 billion), while the market was expecting, on average, this figure at 10.88 billion pounds,

The company blames the decline in sales of difficult economic conditions, especially the problems in Europe, especially Italy and Spain.

Revenue from services - a key indicator tracked by analysts in the UK - has declined in the last quarter by 8.1% to 9.98 billion pounds. In Europe, where the company gets about three-quarters of income, this figure fell to 8.7% - up to 6.94 billion pounds.

Against this backdrop, Vodafone shares were down 1.6%.

1.5% of the shares of the operator added the London Stock Exchange London Stock Exchange Group on the background information on the merger with the exchange company in Singapore Singapore Exchange Ltd. Earlier, the head of the last Boker Magnus held several informal meetings with the chief executive officer of LSE Xavier Rollet, told the British press. At the same time one of the most respected business publications wrote that the stock exchange operators are in talks to expand cooperation, and not a merger.

Despite the declines in the shares rose 5.45% truck manufacturer Scania. In the I half of 2012 net income of Scania reduced by 34% and amounted to 3.25 billion kronor (382.1 million euros), as compared to 4.95 billion euros for the same period last year.

Brewer Heineken added to the capitalization of 1.41% after the news of the intention to repurchase shares brewing company Asia Pacific Breweries Ltd. . The transaction amount is estimated at 4.07 billion dollars