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European stocks close with sharp losses

Europe's main stock markets slumped on Tuesday, with London's FTSE 100 index of leading companies giving up 1.08 percent to 6,420.28 points. In Frankfurt, the DAX 30 fell by 0.87 percent to 7,874.75 points, while in Paris the CAC 40 lost 1.32 percent to 3,754.96 points. bur-wai/rl

European stocks close lower

Europe's main stock markets closed lower on Wednesday, with London's FTSE 100 index of leading companies dipping 0.11 percent to 6,387.56 points. In Frankfurt, the DAX 30 lost 1.15 percent to 7,789.09 points, while in Paris the CAC 40 sank 0.99 percent to 3,711.64 points. bur-arp/rl

Asia, Africa growth strengthen HeidelbergCement

German construction materials group HeidelbergCement said Thursday it aimed to bolster earnings and profits in 2013 after strong growth in Asia and Africa drove a solid performance last year. "The managing board has set the objective of further increasing revenue and operating income in 2013 and significantly improving profit before tax," the firm said in its annual earnings statement. Operating profit grew by nine percent last year compared with the previous period to 1.6 billion euros ($2.1 billion) on turnover of 14.02 billion euros, also a gain of nine percent.

British Land leads European shares lower after share issue

LONDON, March 12 (Reuters) - European shares edged lower on Tuesday, consolidating near 4-1/2 year highs, with landlord British Land leading fallers after announcing a share issue. Shares in the UK firm fell 2.9 percent, with brokers flagging dilution to the stock from the planned issue of nearly 90 million new shares, designed to raise funds for new investments. It was the top faller on the pan-European FTSEurofirst 300 index, which was down 0.1 percent at 1,193.50 points by 0810 GMT.

European stocks close with strong gains

Europe's main stock markets closed sharply higher on Tuesday, with London's FTSE 100 index of leading companies jumping by 1.36 percent to 6,431.95 points after the main US stock market opened at a record high following comments by a US Federal Reserve official. Frankfurt's DAX 30 gained 2.32 percent to reach a five-year high of 7,870.31 points, while in Paris the CAC 40 leapt by 2.09 percent to 3,787.19 points.

HeidelbergCement says 'cautiously confident' for 2013

German construction materials group HeidelbergCement said Thursday it is "cautiously confident" for the current year after it met all its 2012 targets. "Due to the continuing strong economic growth in the emerging markets and the recovery in the United States, we are cautiously confident for the future," said chief executive Bernd Scheifele. "We are pleased that we achieved our goal of increasing revenue and operating income despite the negative impact of the euro crisis on many countries in Europe," Scheifele said.

European stock index futures signal lower open

LONDON, Jan 8 (Reuters) - European stock index futures pointed to a lower open on Tuesday after recent advances to 22-month highs, with investors seen trading cautiously before the start of the fourth quarter earnings season. At 0703 GMT, futures for Euro STOXX 50, Germany's DAX and France's CAC were 0.2 percent lower.
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