|Bid||0.000 x 0|
|Ask||0.000 x 0|
|Day's Range||4.103 - 4.164|
|52 Week Range||3.483 - 4.839|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
European shares were steady at 14-month highs on Wednesday, supported by well-received earnings updates from companies such as Lloyds, Telefonica Deutschland and Scor. The pan-European STOXX 600 index ...
The pan-European STOXX 600 index was up 0.5 percent at 375.19 points by 0831 GMT after setting an intra-day high of 375.42 points, the highest level since early December 2015. Telefonica Deutschland was one of the best-performing stocks, up 5.8 percent after it reported better-than-predicted core profit for the fourth quarter and raised its target for synergies from its acquisition of E-Plus. Banking and insurance stocks were the top-performing European sectors, led by Lloyds and Scor.
Telefonica Deutschland said on Sunday its supervisory board has appointed Markus Haas to lead the company from 2017, replacing chief executive Thorsten Dirks who announced in November he was leaving the telecoms firm. Haas, 44, a lawyer who has been with the company since 1998 and is currently chief operating officer, will lead the telecoms company in close cooperation with finance chief Rachel Empey. Telefonica, controlled by Spain's Telefonica, said Haas would start his new role on Jan. 1 with a three-year contract.