Porsche Recalls 1,500 Vehicles Worldwide
2011 and 2012 are affected, the spokesman said. The recall includes 229 vehicles in Germany and 270 in the U.S. Write to Barbara Millner at unternehmen.de@dowjones.com Subscribe to WSJ: http://online.wsj.com?mod=djnwires Copyright
Adidas Confirms Full-Year Guidance
EUR785 million. The spokeswoman said Adidas will publish its first-half earnings figures on Aug. 2, as planned. Write to Barbara Millner at frankfurt.priority@dowjones.com Subscribe to WSJ: http://online.wsj.com?mod=djnwires Copyright
SocGen Sees Earnings Drops For Spain, Italy Banks
Spanish bank earnings could fall by 47% and Italian banks could see a 75% drop in earnings in the upcoming second-quarter reporting season owing to weaker trading income and a lack of positive one-off factors, said analysts at Societe Generale in a note Wednesday.
Europe Stocks Higher, Led By Credit Suisse
European stock markets opened higher on Wednesday, inspired by gains for Wall Street overnight and helped by well-received earnings from Credit Suisse AG , with those shares up 4%.