European shares edged out gains ahead of the Federal Open Market
Committee meeting, which starts Tuesday.
The FOMC is widely expected to delay its tapering due to the
recent government shutdown. Economists believe the shutdown trimmed
Q4 GDP. It also disrupted the flow of government data.
Around the region, French consumer confidence was unchanged in
October from September at 85, well below the long-term average
reading of 100.
Spain's retail sales rose 2.2% year-on-year on a
calendar-adjusted basis in September, according to official data.
The data from the National Statistics Institute showed the first
year-on-year rise for retail sales in more than three years.
In ADR news, Deutsche Bank's (
) Q3 net profit slumped 94% to 41 million euros ($24.7 million)
from EUR747 million a year earlier, and was below analysts'
consensus forecast of EUR376 million, according to a Dow Jones
poll. Pretax profit totaled EUR18 million, just a fraction of the
year-earlier level of EUR1.13 billion and below the forecast of
) said Q3 net profit was 577 million francs. Analysts had been
expecting a profit of 569 million francs. It also said it received
inquiries from authorities probing the possible manipulation of
foreign-exchange markets and is conducting a related internal
probe, adding yet another potential legal concern for the Swiss
) said Q3 underlying income fell 1% to GBP4.55 billion compared
with the same quarter a year earlier. It said its loss for the
quarter rose to GBP1.3 billion from GBP374 million in the same
quarter a year earlier.
) net profit was $3.5 billion, or $1.01 per American depositary
share, for the quarter ended Sept. 30. Discounting the value of
inventories and one-off gains or losses, profit was $3.69 billion,
or $1.17 per ADS, down 26.4% from a year earlier. It also declared
a dividend of 9.5 cents, up from 9 cents previously, and announced
a plan to sell $10 billion in assets by the end of 2015.
) said operating profit came in at 118 million euros ($162 million)
for Q3, compared to a loss of 564 million euros over the same
period last year.
The FTSE-100 was last up 0.64% at 6768.96, the DAX up 0.33% at
9,008.70 and the CAC-40 up 0.59% at 4,276.77.
Copyright (C) 2013 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.