February 21, 2018 / 7:45 AM / a month ago

LIVE MARKETS-European headlines: morning round-up

    * European stocks futures retreat
    * Wall St snaps winning streak; Asia gains

    Feb 21 (Reuters) - Welcome to the home for real time coverage of European equity markets
brought to you by Reuters stocks reporters and anchored today by Kit Rees. Reach her on
Messenger to share your thoughts on market moves: kit.rees.thomsonreuters.com@reuters.net
Lloyds bank profit rises to record $7.4 billion, but misses estimates 
Orange's annual sales in France grow for first time since 2009 
Glencore says full-year results 'best ever' 
Temenos agrees 1.4 bln pounds deal to buy British software house Fidessa 
France's Atos reports organic growth in-line with expectations
Maersk Energy sees uptick in offshore oil drilling, profit still squeezed 
OMV's operating profit benefits from higher crude prices
Telefonica Deutschland sees steady 2018, plans dividend increases
Volkswagen, German union IG Metall reach wage agreement 
AA to pay lower dividends 
AccorHotels' increase in 2017 profits beats expectations 
Deutsche Boerse posts rise in net profit despite weak markets
Eramet eyes expansion in electric vehicle metals
UK's Metro Bank reports first annual profit
MTU Aero eyes further profit rise in 2018, subject to A320neo 
FirstGroup sees earnings "slightly" lower hit by weather, competition 
BRIEF-Wolters Kluwer FY adjusted net profit beats Reuters poll 
BRIEF-UK builder Barratt's half-year pre-tax profit rises 6.8 percent 
BRIEF-Hotel Chocolat first half revenue and profit up 15 pct​ 
(Tom Pfeiffer)
    European share futures have opened slightly lower, pointing to a weaker session in which
metals and energy stocks are set to weigh.
    We could see a repeat of yesterday, when European stocks gradually warmed up from a weak
start to end the session higher. 
    Here's your futures snapshot:
    (Kit Rees)
    As we said earlier, it's going to be another busy day of earnings, especially for UK banks
with Lloyds set to give a full-year update.
    A report from Sky News late yesterday said that Lloyds will unveil a 1 billion pound ($1.40
billion) share buyback plan with its annual results, but Lloyds has declined to comment on the
    We've also got miner Glencore reporting full-year figures, and a couple of UK
housebuilders giving updates.
    More broadly, European fourth-quarter earnings are expected to have increased by 14.6
percent from the same period in 2016, or 11.6 percent excluding the energy sector, according to
data from Thomson Reuters I/B/E/S. 
    Here's a summary of European firms set to report this morning:
 IBE.MC     Full Year 2017 Iberdrola SA Earnings and Outlook Update Release
 O2Dn.DE    Q4 2017 Telefonica Deutschland Holding AG Earnings Release
 ORAN.PA    Q4 2017 Orange SA Earnings Release
 GETP.PA    Full Year 2017 Getlink Earnings Release
 FGP.L      Q3 2018 FirstGroup PLC Trading Statement Release
 UTG.L      Full Year 2017 Unite Group PLC Earnings Release
 BDEV.L     Half Year 2018 Barratt Developments PLC Earnings Release
 CAPCC.L    Full Year 2017 Capital & Counties Properties PLC Earnings Release
 OMVV.VI    Q4 2017 OMV AG Earnings Release
 ACCP.PA    Full Year 2017 Accor SA Earnings Release
 ATOS.PA    Full Year 2017 Atos SE Earnings Release
 SATG.DE    Q4 2017 Sartorius AG Earnings Release
 STDM.PA    Q4 2017 Sartorius AG Earnings Release
 AGES.BR    Q4 2017 Ageas SA Earnings Release
 TOM.OL     Q4 2017 Tomra Systems ASA Earnings Release
 REZT.ST    Q4 2017 Rezidor Hotel Group AB Earnings Release
 WLSNc.AS   Full Year 2017 Wolters Kluwer NV Earnings Release
 LLOY.L     Full Year 2017 Lloyds Banking Group PLC Earnings Release
 GL9.I      Full Year 2017 Glanbia PLC Earnings Release
 MTXGn.DE   Q4 2017 MTU Aero Engines AG Earnings Release
 HOCM.L     Full Year 2017 Hochschild Mining PLC Earnings Release
 GLEN.L     Full Year 2017 Glencore PLC Earnings Release
 HOTG.DE    Full Year 2017 Hochtief AG Earnings Release
 VLLP.PA    Full Year 2017 Vallourec SA Earnings Release
 TCH.PA     Full Year 2017 Technicolor SA Earnings Release
    (Kit Rees)   
    Good morning and welcome to Live Markets.
    European shares are seen edging lower this morning, according to financial spreadbetters, on
another busy day of earnings.
    Spreadbetters expect Germany's DAX to open 40 points lower, France's CAC 20 points lower and
Britain's FTSE 100 5 points lower.
    This follows a muted session on Wall Street, though Asian shares gained.
    Aside from earnings, focus today will be on flash PMI releases for the Euro zone to see
whether the economic momentum can be sustained in the region.
    (Kit Rees)

 (Reporting by Danilo Masoni, Helen Reid, Kit Rees and Julien Ponthus)
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