European shares boosted by better results, with Fed in focus

miércoles 28 de octubre de 2015 05:21 GYT
 

* FTSEurofirst 300 up 0.4 percent

* Heineken, UCB, Volkswagen rally after results

* Swedish stocks outperform after cen bank boosts bond purchases

* Meggitt sinks after profit warning

By Alistair Smout

LONDON, Oct 28 (Reuters) - European shares edged higher in early deals on Wednesday, buoyed by a new batch of company earnings reports before a Federal Reserve policy decision later in the day.

Brewer Heineken rose 4.2 percent, the top FTSEurofirst 300 riser, after reporting strong sales in Europe and the Americas that came in above expectations.

Belgian pharmaceutical firm UCB rose 3.7 percent after its own well-received results.

Carmaker Volkswagen also rose 2.6 percent after announcing its first quarterly loss in at least 15 years, with traders expressing relief that the results were not worse after it was hit by an emissions test cheating scandal.   Continuación...