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Europe’s Biggest Under-Achieving Clubs Featuring AC Milan, Dinamo Kyiv, Schalke


The more capital the Republicans expend on the budget negotiations, the less they will have left when they talk about the debt ceiling, which is much more important from a market perspective, he added. Among notable movers in the pan-European index, shares of LVMH Moet Hennessy Louis Vuitton SA /quotes/zigman/165816 FR:MC -2.23% /quotes/zigman/315999/quotes/nls/lvmuy LVMUY -1.33% dropped 2.2% in Paris after Chief Executive Michael Burke said Marc Jacobs will leave the company and focus on his own brand. Jacobs will work toward a public listing of his label. Whilst this does not invalidate the long-term structural EM growth story, perhaps the market needs to revisit the growth algorithm one should apply. With Unilever positioning itself as the emerging-market company it will unavoidably find itself in the middle of this debate, UBS said. ECB meeting, Italian vote keep investors busy European stock markets stayed in negative territory after the European Central Bank left its key lending rate at a record low of 0.5%, as expected. ECB President Mario Draghi said in the following news conference that the recovery in the euro area remains weak, fragile and uneven, but didnt hint of new stimulus measures or a forthcoming rate cut. Read live blog of ECB President Mario Draghis news conference Draghi did not sound as dovish as hoped for. The likelihood that the ECB will offer a new [long-term refinancing operation] or introduce other new instruments in the coming months has just gone down and a new LTRO no longer sounds like the favored instrument, said Frank land, senior economist at Danske Bank, in a note. In Italy, Prime Minister Enrico Letta won a Senate vote of confidence after a surprise move by Silvio Berlusconi to support the governing coalition. The vote was initially called after former Prime Minister Berlusconi over the weekend withdrew his support from the government and ordered five ministers representing his People of Freedom party to resign. In a Senate debate leading up to the vote, Berlusconi, however, reversed his position and said he would support Letta, after several allies in recent days expressed their dissent with the hard line on the government Bloomberg News ECB President Mario Draghi says the recovery remains weak. The FTSE MIB stock index /quotes/zigman/1482176 XX:FTSEMIB +0.68% rallied 0.7% to 18,098.44, while the yield on 10-year Italian government bonds /quotes/zigman/4869096/delayed IT:10YR_ITA +0.05% fell 10 basis points to 4.36%, according to electronic trading platform Tradeweb.

September 30, 2013 10:55 AM PDT (Credit: Josh Miller/CNET) As you might expect, new research out today shows that Android is Europe’s favorite smartphone OS by a wide mile. But Windows Phone is turning into a serious contender. According to figures out Monday from researchers Kantar WorldPanel ComTech, Android featured on just over 70 percent of smartphones sold in the three months up to August across Europe’s five biggest markets: Great Britain, France, Germany, Spain, and Italy. Equally unsurprisingly, iOS is in second position with 16 percent of the smartphone market in Europe — a year over year rise of around two percentage points for both operating systems. Windows Phone, meanwhile, continues to grow its share in the five countries, hitting 9.2 percent — around double its 5.1 percent share for the same period last year. The jump has been fueled by significant gains in the three major European markets: France, Germany, and Great Britain. In the latter, its share has risen from 4.5 percent a year ago to 12 percent today, while in Germany it’s grown from 3.8 percent to 8.8 percent — the first time it’s hit double-digit share in either country. In Germany, that puts Windows Phone only one percentage point behind iOS in market share. Related posts Samsung again accused of manipulating benchmarks “Windows Phone’s latest wave of growth is being driven by Nokia’s expansion into the low- and midrange market with the Lumia 520 and 620 handsets. These models are hitting the sweet spot with 16- to 24-year-olds and 35- to 49-year-olds, two key groups that look for a balance of price and functionality in their smartphone,” Dominic Sunnebo, strategic insight director at Kantar Worldpanel ComTech, said in a statement. And despite recent turbulence and a proposed $7.2 billion takeover by Microsoft, Nokia, Windows Phone’s main hardware champion, is growing its own market share across some of Europe’s biggest markets. (Nokia accounted for four in five of all Windows Phone device sales across the five markets.) For the three months to the end of August, Nokia bagged 7.8 percent of all smartphone sales, up from 6.9 percent a year ago, inching up on third-place Sony, whose share stands at 8.2 percent, a slight rise over a year ago. LG is also seeing something of a comeback, increasing its European share to 6.1 percent from 2.1 percent a year ago. Following its recent troubles , BlackBerry’s share has seen the biggest dip in Europe, falling from 5.8 percent of all smartphones sold in the five markets to 2.4 percent today.

5. Schalke Valerio Pennicino/Getty Images Schalke just cannot seem to get their Bundesliga season up and running with any sort of consistency right now. Wins against Leverkusen and Mainz were followed up by a 4-0 thumping by Bayern Munichwhich could happen to anybody of courseand they’ve been unable to get back to winning ways after drawing 3-3 with Hoffenheim most recently, despite leading twice by two goals before half time. Kevin Prince Boateng, Joel Matip and Marco Hoger all found the net before the break last weekend, but Schalke’s defence, the fifth most-porous in the league, still didn’t find it enough to secure an away win. It’s just two wins from seven now for S04, who are two places outside the relegation playoff spot. They face eighth-place Augsburg at home at the weekend. 4. Bordeaux Gareth Copley/Getty Images Another game, another draw for Bordeaux, who now have three in a row and haven’t won for seven matches in all competitions, six in Ligue 1. A disappointing 1-1 stalemate against Evian made for uninspiring fare, and Bordeaux now sit in 17th place, one above the drop zone, having won just once all season long. In a comparatively low-scoring league, they have conceded the joint-fourth highest number of goals so far and are scoring themselves at a rate of less than one goal per game, not exactly an ideal combination. They face a must-win game against 19th-place Sochaux on Sunday, who themselves picked up their first win of the season last time out. 3.