European shares bounce back, helped by solid earnings

miércoles 5 de noviembre de 2014 11:13 GYT
 

* FTSEurofirst 300 up 1.3 pct, reverses Tuesday's loss

* Marks & Spencer jumps after results

* Two-thirds of companies meet or beat forecasts -data

* Bilfinger slumps after latest profit warning

* Lack of new ECB measures could hit market rally -traders

By Blaise Robinson and Sudip Kar-Gupta

PARIS/LONDON, Nov 5 (Reuters) - European stocks rebounded on Wednesday, helped by positive company results including from British retailer Marks & Spencer, whose shares surged more than 8 percent.

Some traders said the rally could be short-lived if European Central Bank (ECB) chief Mario Draghi fails on Thursday to unveil new stimulus measures to spur economic growth in the struggling euro zone.

"If we get nothing from the ECB, which is a close call, we may see some downside," Philippe Gijsels, chief strategy officer at Fortis Bank, told Reuters Insider Television. (reut.rs/1vHB5Og)   Continuación...