The stock of Rolls Royce which, after launching a profit warning for the current year and for the next, it sells about 20% of the quotations in mid-morning. The automotive group has announced that 2015 earnings will settle in the low end of the estimated range, while next year's will be significantly lower than forecasts.
But Rolls Royce is only the most striking case in a miserly day for European equities, which shows broad signs of weakness everywhere, weighed down, as in the case of Rolls Royce, by disappointing quarterly results. Mid-morning the pan-European index FTS Eurofirst 300 loses 0,33% per share 1,489.27.
The decline in the EU index is clearly a reflection of the declines in the various national markets: the FTSE Mib, in the same minutes, dropped by 0,86%, while the British FTSE100 recorded -0,47%, the German Dax -0,14, 40%, while the French CAC 0,52 loses XNUMX%.
