LIVE MARKETS-Earning morning headlines roundup: earnings and M&A
* European shares seen little changed
* Asian shares fall as energy stocks weigh
* Eyes on Fed chairman's first congressional testimony
* Focus on earnings
July 17 (Reuters) - Welcome to the home for real-time coverage of European equity markets
brought to you by Reuters stocks reporters and anchored today by Danilo Masoni. Reach him on
Messenger to share your thoughts on market moves: danilo.masoni.thomsonreuters.com@reuters.net
EARNING MORNING HEADLINES ROUNDUP: EARNINGS AND M&A (0550 GMT)
Investors will have a few earnings releases to focus on this morning with bank SEB (LSE: 0MGS.L - news) and
mapping firm TomTom (LSE: 0MKS.L - news) beating estimates. French retailer Casino kept its targets, while telecoms
group Telenor (LSE: 0G8C.L - news) fell short of analyst estimates.
There is also some fresh dealmaking activity with Swedish telecom operator Telia agreeing to
buy TDC (LSE: 0MOP.L - news) 's Norwegian business and Mediaset (LSE: 0NE1.L - news) launching a bid for EI Towers.
Here are your top headlines:
Swedish bank SEB Q2 profit tops forecast
TomTom beats Q2 estimates, raises full year outlook
Retailer Casino's Q2 sales accelerate, keeps goals
Norway's Telenor misses Q2 forecast, reiterates focus on cost savings
Italy's Mediaset, F2i launch bid for EI Towers
Telia to buy TDC's Norway business in NOK 21 bln deal
Roche nabs trial win for investigational anti-viral flu drug
Rio Tinto (Hanover: CRA1.HA - news) posts 14 pct rise in quarterly iron ore shipments
Thyssenkrupp (IOB: 0O1C.IL - news) in leadership turmoil as chairman quits
Britain unveils fighter jet model to rival Franco-German programme
Spain's BBVA (LSE: 931474.L - news) tops list of foreign banks exposed to Turkey -ABN AMRO
Monte dei Paschi (Milan: BMPS.MI - news) says granted state guarantee on bad loan securitisation sale
(Danilo Masoni)
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MORNING CALL: EUROPEAN SHARES SEEN STEADYING (0525 GMT)
European shares are set to open little changed this morning after a broad declines in the
previous session caused by a drop in energy stocks on falling crude prices.
Financial spreadbetters expect London's FTSE to open 10 points higher, while Frankfurt's DAX
is set to open 14 points higher and Paris' CAC 5 points higher.
Over in Asia, stocks were mostly lower, with the sharp decline in crude oil prices weighing
on energy shares, while the dollar dipped ahead of Federal Reserve Chairman Jerome Powell's
first U.S. congressional testimony. The speech is due at 1400 GMT.
(Danilo Masoni)
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