Colosseum a.s. (Colosseum a.s.)
Commodities  |  October 29, 2012 11:10:28

European shares fall launch week

ColosseumEuropean stock indices at the beginning of a new week decline. Swiss bank UBS shares rise by more than 5% after the financial institution announced plans to lay off 10,000 employees. Shares of Hargreaves Lansdown Plc (HL /) decreases by more than 3%, while Citigroup cut its rating from neutral to sell. Investors watch meeting Italian Prime Minister Mario Monti and his Spanish counterpart Mariano Rajoye in Madrid. Italian Prime Minister said in the past that it would like to see Spain asked the European Union for help. In Greece, politicians seek consensus on fundamental reforms necessary for the next package of rescue funds. The coast of the United States is heading Sandy hurricane, which made today in the U.S. will not trade stocks. Euro Stoxx 50 Index falls by 0.6% to 2,481 points. and # 160;

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