Monday, January 18, 2010
Miners, Richemont lead Europe stocks rise
MINERS, RICHEMONT LEAD EUROPE STOCKS RISE
Gains for commodity-sector firms and Richemont help European stocks
regain some ground lost last week.
EUROPEAN COMPANIES SEEN POSTING STELLAR EARNINGS
A stellar improvement in European corporate earnings for the fourth
quarter of 2009 looks in the cards, but, like last year's monster
gains for the broader market, that magnitude of improvement is
expected to be a fleeting affair.
JEWELRY SALES BRIGHTEN RICHEMONT CHRISTMAS PERIOD
Swiss luxury goods maker Compagnie Financiere Richemont on Monday
reports a 2% rise sales for the quarter that includes Christmas,
boosted by sales of jewelry and specialist watches.
U.K. HOUSE SELLERS BOOST ASKING PRICE 0.4% IN JAN.
British house sellers enter the new year in a confident mood, boosting
the average asking price by 0.4% in January and ending a two-month
slide.
BRITISH AIRWAYS CABIN CREW TO VOTE ON STRIKE
The union representing most of British Airways' cabin crew plans to
ballot their members in a week on a potential strike.