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STOCKS NEWS EUROPE-Thyssen down, talk of earnings pressure

Tue Nov 10, 2009 10:09am EST

Stocks

   

Shares in ThyssenKrupp (TKAG.DE) are down 0.3 percent, having fallen as much as 2 percent, with traders citing vague talk that Germany's largest steel maker might be coming under earnings pressure.

ThyssenKrupp declines to comment on the market talk and a company spokesman points to its earnings press conference scheduled for Nov 27.

A Reuters poll of 17 analyst expects Germany's largest steelmaker to swing to a third-quarter operating loss of 506 million euro ($757.9 million) and a full-year pretax loss of 709 million. For more double click on [ID:nL7314102] [ID:nL6725921]

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($1=.6676 Euro)


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