Yahoo Finance 
LIVE MARKETS-On our radar: Siemens, Imperial, Adidas & Puma
Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters. You can share your thoughts with Thyagaraju Adinarayan (thyagaraju.adinarayan@tr.com), Joice Alves (joice.alves@tr.com), Julien Ponthus (julien.ponthus@tr.com) in London and Danilo Masoni (danilo.masoni@tr.com) in Milan.
ON OUR RADAR: SIEMENS, IMPERIAL, ADIDAS & PUMA (0752 GMT)
It's a busy earnings day here in Europe with reports coming from banks to industrials to tech. So far the picture has been slightly negative with some major misses and stock futures for now point to slight declines after yesterday's stunning risk-on rally.
Siemens tops the disappointments list after the German industrial conglomerate reports a sharp drop in industrial profits due to the ongoing downturn in European manufacturing sector, prompting traders to call its shares 4% to 5% lower.
Warning from Imperial Brands that it expects lower profits this fiscal year due to the U.S. regulatory ban on some flavours of cartridge-based vapour devices is seen pushing its shares down 3% to 5%.
Footwear makers Adidas and Puma are likely to come under pressure after Nike warned that the deadly coronavirus may have a financial impact on its operations. Adidas has the largest exposure to mainland China.
In the UK, housebuilder Barratt Developments is seen rising 2% after solid first-half and strong sales rate in January. Britain's biggest pizza delivery company Domino's reported strong fourth quarter sales.
Other notable moves: BNP Paribas seen slightly higher after reporting profit beat on strong fixed income/equity trading; Infineon reports in-line numbers in seasonally weak Q1; Novo Nordisk reports inline results but outlook disappoints, dealers see shares down 1%; Qiagen seen 5% higher after Q4 earnings beat.
Other key headlines to digest:
France's Vinci eyes further revenue, profit growth in 2020
China lab seeks patent on use of Gilead's coronavirus treatment
ABB Q4 profit tops estimates, sees higher operating margin
Novo Nordisk sees slower growth this year vs 2019
Budget carrier Ryanair ordered to drop low-emissions ad claims
Stainless steel maker Outokumpu posts Q4 profit fall, sees better Q1
Vodafone posts 0.8% third-quarter growth, driven by South Africa
(Thyagaraju Adinarayan)
*****
EUROPE ON BACKFOOT ON BUSY EARNINGS DAY (0646 GMT)
European stocks are seen opening slightly lower after a stunning risk-on rally on Tuesday which wiped off year-to-date losses caused by the coronavirus.
Bourses are seen opening 0.2% to 0.4% lower amid fading optimism that China's additional stimulus would cushion the economic blow from the virus which has claimed nearly 500 lives so far.
In corporate news, it's a busy earnings day here and so far we have: Infineon Tech reporting in-line results, BNP Paribas' Q4 profit beating estimates and industrial conglomerate Siemens profits taking a hit from a downturn in the manufacturing sector.
(Thyagaraju Adinarayan)
***** (Reporting by Danilo Masoni, Joice Alves, Julien Ponthus and Thyagaraju Adinarayan)
