European shares steady, Seadrill slips after results

miércoles 27 de agosto de 2014 07:14 GYT
 

* FTSEurofirst 300 up 0.05 pct, Euro STOXX 50 down 0.2 pct

* Seadrill falls after below-forecast earnings

* Marine Harvest results hit by Russian sanctions

* Charts show bullish signals for European indexes

By Atul Prakash and Blaise Robinson

LONDON, Aug 27 (Reuters) - European shares steadied on Wednesday, pausing after a 2-1/2-week rally, after data showing German consumer morale fell for the first time in more than 1-1/2 years curbed appetite for stocks.

Falls by individual companies also put pressure on the market, with Seadrill, the world's biggest offshore driller by market capitalisation, down 6 percent after its second-quarter earnings missed forecasts.

The impact of the Ukrainian crisis and tensions between the West and Moscow were visible again in European company results on Wednesday. Marine Harvest, the world's largest salmon farmer, said it expected Russian sanctions to pose short-term challenges. Its shares fell 2 percent.

Market research group GfK said on Wednesday its forward-looking consumer sentiment indicator, based on a survey of around 2,000 Germans, fell to 8.6 going into September from a downwardly revised 8.9 in August.   Continuación...