Casino Guichard leads European retail rally
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European stocks slipped Monday as profits were taken following last week&#39;s strong gains. Losses were limited by speculation in the retail sector, however, and the FTSE Eurofirst 300 fell 0.2 per cent to 1,622.19.
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European stock markets were broadly higher in morning trade, as investors focused on the food and construction sectors amid takeover activity.
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European equity markets moved higher by mid-morning on Wednesday, staging a modest recovery after five consecutive days of trading losses.
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Vivendi Universal, the French media group that almost collapsed into bankruptcy two years ago, yesterday surprised investors with strong third-quarter revenues driven by soaring music sales in the Britain and North America.
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European equities rallied on Friday, recovering their poise after losses in the previous session were sparked by concerns over the prospect of rising interest rates.
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Video game retailer posts strong results leading into holiday quarter.
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Utilities and technology stocks drove European equity markets higher on Thursday as cash returns and stakebuilding lifted the speculative appeal of both sectors.
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Shares in Havas rose sharply in early trade, extending last week's gains, on persistent speculation that the French advertising company could become a takeover target of British group WPP, dealers said.
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European shares opened higher on Friday, boosted by a strong post-election rally on Wall Street overnight and a fall in oil prices to a five-week low.
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The retailer has a winning formula.
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Europe's leading equity markets rallied on Tuesday, a day after world stocks had slumped on concerns about resurgent US inflation.
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KarstadtQuelle AG, Europe s largest department-store operator, plans to raise 1.6 billion euros ($2 billion) by selling shares and divesting assets, including 77 department stores, in an effort to return to ...
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Las Vegas-based Harrah's Entertainment   HET.N, the world's biggest casino operator, has agreed to buy   Britain's London Clubs LCI.L for $530 million, giving the   U.S. company a strong opening in Europe.
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Most European stock markets gained ground on Tuesday as investors focused on the takeover battle for ABN Amro, with many traders also playing catch-up following a three-day holiday weekend.
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European shares got off to a sparkling  start of the New Year, rallying to a 30-month high on Monday  after a broad rebound of the dollar lifted exporters such as  car giant DaimlerChrysler.
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French retailer Carrefour and chip  groups helped European shares hold their ground on Wednesday,  and merger moves in the construction sector lent support.
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Lesser-known French retailer turns in a strong first half. Investors, take notice.