This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

[video]The Deal: European Markets Mixed, Asia Closes Higher

LONDON (The Deal) -- Continental European markets were mixed in early trading Friday, despite rises in Asia overnight, in part on worries about the violent crackdown on anti-government protesters in Ukraine. 

In France, auto parts maker Valeo jumped more than 11% on news of stronger than expected 2013 results and the company's announcement that it plans to continue to beat growth in the wider automotive sector in 2014. The price of property group Tour Eiffel also edged up to 49.5 euros, on expectations that buildings insurance group SMABTP will have to improve its 48 euros a share, 300 million euros ($410 million) offer. 

London was firmer. Aircraft engine maker Rolls Royce got a boost from its announcement of a $187 million contract from the U.S. Air Force to expand its maintenance and management support of the C-130J transport fleet.

Another riser was Royal Bank of Scotland (RBS), still 81% owned by the British government, on news that bank chief Ross McEwan plans a drastic shrinking of the group's remaining investment banking activities and further cuts to costs and jobs. The formal announcement's not expected till next week, but the bank has signaled its intention to cut legacy costs from the period of rapid growth of its investment bank and ambitious global expansion that ultimately turned it into one of the biggest casualties of the financial crisis. 

London's FTSE 100 was up 0.5% at 6847, while in Paris, the CAC40 was up 0.1% at 4,360. Frankfurt's DAX index was down 0.09% at 9610. 

Many Asian markets closed up following Thursday's strong U.S. manufacturing figures, which pushed up the dollar against the yen and boosted hopes of improved exports. Tokyo's Nikkei 225 index was up 2.88% at 14,865.67. But China's Shanghai Composite fell 1.17% to 2113.69, reportedly on profit taking an energy giants Sinopec and PetroChina.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,979.13 +59.54 0.35%
S&P 500 1,986.51 +4.91 0.25%
NASDAQ 4,526.4820 -1.0320 -0.02%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs