European markets to open higher as focus returns to earnings; Siemens unveils $7 billion buyback
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LONDON — European stocks are expected to open higher on Wednesday, bouncing back from losses in the previous session. The U.K.'s FTSE index is seen opening 0.6% higher, Germany's DAX up 0.5%, France's CAC 40 up 0.6% and Italy's FTSE MIB 0.7% higher, according to data from IG. Earnings reports come from Allianz , Deutsche Telekom , Zurich Insurance , Eon , Merck, RWE , Hapag-Lloyd and Porsche on Wednesday. German automation giant Siemens has launched a new 6 billion euros ($7.04 billion) share
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