Browsing Tag

european

Milan maglia rosa; Saipem leads the Mib

(Alliance News) - On Friday, Milan closed the week as the best performer among the European charts, closing above 26,400. "While the American markets rose this week, the European markets fell. The enthusiasm of the beginning of the year…

STMicroelectronics lifts fourth quarter sales

The firm's net income rose to $4.42 billion compared to $4.32 billion in the previous quarter. Analysts had on average expected sales of $4.32 billion, according to IBES data from Refinitiv. STMicro, whose biggest customers…

Bullish futures; record year for Tesla

(Alliance News) - Major European stock markets are indicating a bullish path for the fourth session of the week, with corporate results gradually gaining momentum and attention in the day's events. Indeed, the numbers of STMicrolectronics…

European shares gain on earnings optimism

The pan-European STOXX 600 was up 0.6% at 0835 GMT, with technology and financial services stocks leading gains. STMicroelectronics jumped 8.4% after the chipmaker reported bigger-than-expected sales in the fourth quarter.…