By Sara Sjolin, MarketWatch
LONDON (MarketWatch) -- Earnings reports pushed these companies
to notable moves in European trading on Tuesday, with bank shares
in focus.
GKN PLC rallied 5.9% after the car-parts maker posted an
increase in first-half profit.
Heavyweight BP PLC (BP) added 0.4% after the oil giant reported
a rise in second-quarter profit, boosted by its investment in
Russian energy group OAO Rosneft .
UBS AG (UBS) shares slipped 0.8% even as the Swiss banking major
reported a rise in second-quarter profit that beat
expectations.
Deutsche Bank AG (DB) lost 1% after reporting a fall in
second-quarter net profit and revenue and missing Wall Street
forecasts.
Renault SA shares gave up 2.9% after the auto maker said revenue
slipped in the first six months of the year as an improvement in
European sales failed to offset a slide in emerging markets.
Compagnie Generale des Etablissements Michelin fell 0.6%. The
French tire maker said sales slipped in the first half, blaming the
drop on price cuts on some tires and falling demand for its most
expensive products.
St. James's Place PLC slid 3.2% after the U.K. wealth manager
reported a 9% drop in first-half pretax profit.
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