Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
European shares broke a seven-day losing streak Wednesday as investors took heart from a recovery on Wall Street and reduced volatility, returning their focus to some upbeat company earnings.The index was still down 2.2 percent year-to-date, however, after the global equity rout.Miner Rio Tinto's shares edged up 0.9 percent, paring back earlier gains as its record dividend failed to impress investors.Orion shares sank 10.5 percent, the worst-performing on the STOXX, after the Finnish pharma company gave a disappointing revenue guidance.According to Thomson Reuters data, 48.2 percent of STOXX 600 companies that have reported results so far exceeded earnings estimates, but that's below the 50 percent beat seen in a typical quarter.
FOLLOW THIS ARTICLE