Northrop promotes Janis Pamiljans as corporate vice president
Feb 27 Northrop Grumman Corp, the third largest U.S. weapons maker, promoted Janis Pamiljans as corporate vice president and president of its Aerospace Systems unit, effective April 1.
LONDON, Sept 28 European stocks fell for a second straight day on Tuesday, led lower by banking and auto shares, as investors shed riskier assets after a report showed U.S. consumer confidence fell to its lowest since February.
Sentiment also worsened after figures showed single-family U.S. home prices dipped in July as high unemployment and millions of foreclosed homes and distressed borrowers kept stalling a home price recovery. [ID:nN28171424]
The FTSEurofirst 300 .FTEU3 index of top European shares provisionally closed 0.3 percent lower at 1,070.42 points after trading in a wide range of 1,061.51-1,077.22.
"We need some sustained evidence that we are transitioning towards a sustainable growth rate," said Ian Richards, European equity strategist at RBS.
Financial stocks were among the top losers, with the STOXX Europe 600 banking index .SX7P falling 1 percent. Standard Chartered (STAN.L), Royal Bank of Scotland (RBS.L), Allied Irish Banks (ALBK.I) and Bank of Ireland (BKIR.I) fell between 0.7 percent and 5.7 percent. (Reporting by Atul Prakash)
* Titan Pharmaceuticals receives FDA communication on ropinirole implant investigational new drug application
* TSX closes down 69.96 points, or 0.45 percent, at 15,463.51