European stocks mixed; London up on earnings
AFP, May, 2007
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LONDON (AFP) — Europe's main stock exchanges showed mixed fortunes in morning trade on Thursday, with London higher on strong earnings news while the Frankfurt and Paris indices were slightly down.
London's FTSE 100 index jumped 0.35 percent to 6,507.00 points, in Frankfurt the DAX 30 fell 0.21 percent to 7,439.96 points and the Paris CAC 40 eased 0.07 percent to 5,985.67.
The euro stood at 1.3610 dollars.
Wall Street's blue-chip index hit a fresh record closing high overnight, as a flurry of news on mergers and takeovers helped US stocks keep upward momentum Wednesday, dealers said.
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In London, Anglo-Dutch food giant Unilever headed the FTSE 100 early on, jumping 4.76 percent to 1,630 pence after posting first-quarter numbers that were ahead of market expectations.
Pretax profit came in at 1.332 billion ...
