Articles From: European stocks waver with ECB, BOE in sight to Reed Elsevier Revenue Rises

By Sara Sjolin, MarketWatch LONDON (MarketWatch) -- European stock markets were little changed on Thursday, as investors stayed on the sidelines ahead of policy decisions from the European Central Bank and the Bank of England, and waited for the first estimate of U.S. third-quarter economic growth.
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By Ian Walker LONDON--The U.K. Financial Conduct Authority, or FCA, said Thursday its review of interest rate hedging products sales showed that banks had been slower to send out compensation offers than expected, with only 800 offer letters sent out in October, compared with expectations of at least 1,000. In 2012, the FCA identified failings in the way some banks sold interest rate hedging products and in May this year it ordered a review of the cases.
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Commerzbank AG (CBK.XE) Thursday reported a stronger-than-forecast third-quarter net profit on a combination of improvements in cost cutting, a lower tax rate and lower loan-loss provisions, while the main revenue driver, net interest income, exceeded expectations.
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By Veronika Gulyas BUDAPEST--Hungary's largest telecommunications company, Magyar Telekom Nyrt.
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By Santanu Choudhury NEW DELHI--An Indian government panel will monitor the recall and repair of 114,000 Chevrolet Tavera sport-utility vehicles by the local unit of General Motors Co.
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By Geraldine Amiel PARIS--France's power grid agency RTE Thursday said the French power market should be balanced this winter, with no supply shortages in sight even if there is unusually cold weather like a year ago.
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By Alkman Granitsas ATHENS--Greece's Hellenic Telecommunications Organization SA (HTO.AT) said Thursday its net profit more than doubled in the third quarter thanks to the sale of its Bulgarian unit, but otherwise saw its overall revenues continue to slide.
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By Veronika Gulyas BUDAPEST--Hungary's largest telecom firm Magyar Telekom's (MTELEKOM.BU) dividend policy hinges partly on the announcement of the second round of a spectrum tender, the firm's deputy chief executive said Thursday.
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Market briefing conference call - Third quarter 2013 financial results Canada NewsWire PERTH, Australia , Nov.
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LONDON--British Land Co PLC (BLND.LN), a Real Estate Investment Trust with total assets, owned or managed, of 16.9 billion pounds, Thursday announces its letting to Facebook U.K. Ltd.
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ZURICH-Swiss Re AG (SREN.VX) on Thursday posted a sharp decline in third-quarter net profit compared to the same period last year, when the reinsurance giant significantly benefited from the sale of a U.S. business.
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French retailer Carrefour SA (CA.FR) is in talks with property company Klepierre SA (LI.FR) to buy more than 100 shopping malls in France, Spain and Italy, the French daily Le Figaro reports, without citing sources.
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Germany's Munich Re AG (MUV2.XE), the world's biggest reinsurer by premium revenue, Thursday announced a new program to buy back its own shares and said net profit almost halved in the third quarter on high costs for major claims.
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Siemens AG (SI), the German electrical engineering group, reported slightly lower profit in the fourth quarter and announced plans for a share buyback as new Chief Executive Joe Kaeser carries out a restructuring of Europe's largest technology group.
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"Aegon Net Profit Falls on Accounting Charge," at 0710 GMT, misstated the year-earlier net profit figure in the second paragraph as EUR243 million, when it should be EUR377 million in 2012.
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STOCKHOLM, Sweden, Nov.
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2013/11/7 ISSAQUAH, WA --
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ATHENS--Greece's Coca-Cola HBC AG said sales and profits slipped in what is usually its best quarter on weak demand in its core European markets.
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ServiceNow (NYSE: NOW), the enterprise IT cloud company, today announced that it has priced $500 million aggregate principal amount of 0% Convertible Senior Notes due 2018 (the “notes”). The notes will be sold to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
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By Ed Ballard LONDON--Aviva PLC (AV.LN) Thursday reported a 14% increase in the value of new business in the first nine months of the year, driven by strong performances in France and in emerging markets.
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By Kathy Gordon LONDON--Wm Morrison Supermarkets PLC (MRW.LN) reported another weak quarter of sales as it scrambled to catch up with rivals who have more established convenience and online offers.
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By Nadya Masidlover PARIS--French advertising company Publicis Groupe SA (PUB.FR), which recently announced a plan to merge with U.S. rival Omnicom (OMC), said Thursday it has acquired French media firm ETO.
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German automotive supplier Continental AG (CON.XE) tweaked sales guidance lower for the full year, due to a stronger euro, despite higher earnings before interest and tax.
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By Alex MacDonald ArcelorMittal (MT), the world's largest steelmaker, credited a combination of higher shipments and cost savings with helping its Flat Carbon Europe division record marginally higher operating earnings in the third quarter.
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LONDON-ArcelorMittal, the world's biggest steelmaker, reported a narrower third-quarter loss and expects its results to continue improving in the current quarter, driven by expectations of higher steel demand in China and more stable demand in Europe.
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Adidas AG (ADS.XE) on Thursday confirmed its previously reduced earnings outlook for the full year as it posted lower third-quarter net profit and sales, which were in line with analysts' expectations.
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By Friedrich Geiger and Ulrike Dauer Germany's Munich Re AG (MUV2.XE), the world's biggest reinsurer by premium revenue, Thursday announced a new program to buy back its own shares and said net profit almost halved in the third quarter on high costs for major claims.
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By Geraldine Amiel PARIS--Electricit�� de France SA (EDF.FR) Thursday lowered its nuclear output target for the year but kept its financial objectives as it reported a 6.9% increase in revenue for the first nine months of the year, thanks to price hikes in the summer, the integration of Edison's sales and the colder weather than usual in the first half.
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LONDON--Publishing and media company Reed Elsevier PLC Thursday said its full-year expectations are on track as it posted a rise in revenue.
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Articles From: European stocks waver with ECB, BOE in sight to Reed Elsevier Revenue Rises
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