Salient to Investors:
Arnaud Scarpaci at Agilis Gestion said earnings have been positive, and Europe is recovering – all is functioning in the micro-economy.
54 percent of Stoxx 600 companies so far reporting have exceeded analysts earnings projections.
Matthieu Giuliani at Banque Palatine said catastrophe in Greece has been avoided, but the problem is no growth, so have trouble being very optimistic. Giuliani said company outlooks are cautious, and the situation hasn’t changed fundamentally.
Read the full article at http://www.bloomberg.com/news/2012-11-08/european-stock-futures-gain-as-hermes-posts-results.html