Já agora, relativamente à Europa uma semana em cheio ... acredito que os resultados superem claramente as expectativas em grande parte destes gigantes.
Shell, BP, Volkswagen Earnings, Ifo Index: European Week Ahead
By Henrietta Rumberger
July 20 (Bloomberg) -- Earnings from Royal Dutch Shell Plc and BP Plc, Europe's largest oil companies, GlaxoSmithKline Plc, the world's second-biggest drugmaker and DaimlerChrysler AG, the fifth- largest carmaker in the world, may move stock markets next week.
Companies including Siemens AG, the biggest European engineering company and Volkswagen AG, Europe's largest carmaker, are also expected to report earnings.
Data on German business confidence from the Ifo institute may also affect markets.
``Germany's Ifo index will take center stage as it gives a good indication for Europe as a whole,'' said Carsten Klude, who helps manage $20 billion as head of investment strategies at M.M. Warburg & Co. in Hamburg. ``In addition, the earnings of DaimlerChrysler and Siemens will show whether the companies can meet the high expectations of the market.''
Europe's Dow Jones Stoxx 600 Index has fallen 0.5 percent this week to 396.94 as of 1:40 p.m. in London. The Stoxx 50 dropped 1.1 percent. The Euro Stoxx 50, a benchmark for the 13 nations sharing the euro, lost 1.2 percent.
BP will release second-quarter results on July 24, with Shell following two days later. BP's profit excluding one-time items probably fell 17 percent to $5.055 billion, according to the median estimate of eight analysts surveyed by Bloomberg.
Earnings from Glaxo are due July 25, Siemens on July 26 and Volkswagen on July 27.
Volkswagen will probably say second-quarter profit rose 16 percent to 1 billion euros ($1.38 billion) as new models boosted sales at its Skoda and Audi units, and a reorganization of the namesake brand reduced labor costs, according to the median estimate of 11 analysts surveyed by Bloomberg.
DaimlerChrysler is expected to report an increase in revenue and earnings before interest and tax at its Mercedes unit.
German business confidence may have slipped to 106.5 in July from 107 the previous month, according to the median estimate of 13 analysts surveyed by Bloomberg. The Ifo index fell more than economists forecast in June after a rebound in oil prices and higher borrowing costs raised concern that growth in Europe's largest economy may have peaked.
To contact the reporter on this story: Henrietta Rumberger in Frankfurt at
hrumberger@bloomberg.net .
Last Updated: July 20, 2007 08:42 EDT