View full page at forexfactory.com

 

European Stocks Decline on Greece; Saab Tumbles

From news.businessweek.com

European stocks fell for the fourth time in five days as the region's finance ministers held back approval of a rescue package for Greece. U.S. index futures and Asian shares also retreated. National Bank of Greece SA declined 5.7 percent. Saab AB plunged 10 percent after fourth-quarter earnings and sales missed analysts' estimates. Barclays Plc erased early losses and advanced 4 percent after raising its cost-cutting target and reducing the bonus pool. Alcatel-Lucent jumped 15 percent after saying adjusted operating margins in will increase in 2012. The Stoxx Europe 600 Index dropped 0.4 percent to 262.47 at 10:29 ... (full story)

Story Stats

  • Posted:
  • Category: Low Impact Breaking News