LIVE MARKETS-Earnings round-up
* European stocks futures pop higher
* Wall St, Asia stocks rise
* STOXX 600 set for fifth week of gains
LONDON, April 27 (Reuters) - Welcome to the home for real-time coverage of European equity
markets brought to you by Reuters stocks reporters and anchored today by Kit Rees. Reach her on
Messenger to share your thoughts on market moves: kit.rees.thomsonreuters.com@reuters.net
EARNINGS ROUND-UP (0628 GMT)
Apart from the banks mentioned below, there are quite a few other firms reporting results
today. An interesting point is further signs of strain from exchange rates in Sanofi (LSE: 0O59.L - news) 's Q1
report, and Italy's Eni (LSE: 0N9S.L - news) becomes the latest oil major to report higher profits thanks to the
surge in crude prices.
Here are a few more headlines from earnings, with UK companies Merlin and Travis Perkins (Frankfurt: 893509 - news)
also joining the pack:
Eni sticks to guidance after Q1 profits rise on higher oil price, output
Electrolux Q1 core profit lags forecast
Spain's Bankia (Amsterdam: QU8.AS - news) posts 24.5 pct fall in Q1 profit on lower trading gains
Aker Solutions (Stockholm: AKSOO.ST - news) sees higher 2018 revenues as Q1 earnings beat fcast
Madame Tussauds owner Merlin says expects London demand to recover
UK's Travis Perkins maintains full-year outlook after solid quarter
UK house prices rise more quickly in April - Nationwide
(Helen Reid)
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EUROPEAN STOCKS FUTURES CLIMB (0610 GMT)
As expected, European stocks futures have opened higher so it looks like we're going to see
a positive session today.
Here's your snapshot:
(Kit Rees)
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EARNINGS: BANKS ONCE AGAIN IN FOCUS (0554 GMT)
Banking stocks are once again in focus this morning with results out from Spain's Caixabank (Amsterdam: CB6.AS - news)
and BBVA (LSE: 931474.L - news) , while an update from RBS (LSE: RBS.L - news) is also due.
So far in the earnings season nearly 60 percent of MSCI EMU companies have either beat or
met analyst expectations, according to Thomson Reuters I/B/E/S. Earnings growth is tracking at
just over 15 percent.
In the meantime, here's a round-up of the key headlines so far this morning:
Spain's Caixabank Q1 net profit up 75 pct on lower provisions, BPI
Spain's BBVA posts 12 pct rise in Q1 y/y on Mexico and lower provisions
Airbus cuts A330 output, Q1 profit capped by engine delays
Sanofi Q1 hit by exchange rates, diabetes, growth not seen before second half
French group Essilor Q1 sales fall as Luxottica (Milan: LUX.MI - news) merger nears close
Asset manager Amundi (Berlin: 350155.BE - news) posts higher Q1 profits
Renault (LSE: 0NQF.L - news) sales growth falters on Asia setbacks
France's Vinci (LSE: 0NQM.L - news) keeps 2018 goals, first quarter sales rise
French Q1 growth slows to 0.3 pct on weaker investment, exports
(Kit Rees)
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MORNING CALL: EUROPEAN SHARES SEEN OPENING HIGHER (0529 GMT)
Good morning. European stocks are expected to open higher this morning, according to
financial spreadbetters, with the STOXX 600 headed for its fifth week of gains in a row.
Overnight, a comeback for U.S. tech stocks helped Wall St end higher, while stocks in Asia
also advanced.
Britain's FTSE 100 is seen opening 5 points higher, Germany's DAX is expected to gain 57
points while France's CAC is seen rising 13 points, according to financial spreadbetters.
(Kit Rees)
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(Reporting by Danilo Masoni, Helen Reid, Kit Rees and Julien Ponthus)