DEBORAH MARCHINI, CNN ANCHOR: For a check now of how Ericsson's shares are trading in Europe, we go back to London.</s>DAVID HAFFENREFFER, CNN ANCHOR: Hala Gorani has the European market winners and losers on this Friday from our London bureau -- Hala.</s>HALA GORANI, CNN CORRESPONDENT: Yes, hello, David and Deborah. Ericsson is up more than seven percent -- 7.6 percent, actually, right now, in trading in Stockholm after those results that really smashed earnings forecasts of analysts across Europe. Another surprise this side of the Atlantic is the Alchemy, a British investment firm, which had been in talks to buy BMW's ailing British subsidiary Rover, has pulled out of talks. Alchemy said the two parties couldn't agree on the terms of the sale. BMW is not commenting. In the meantime, BMW's shares are down more than eight percent in Frankfurt. Overall, though, the sentiment is positive on stock markets across Europe. The FTSE 100 is up 1 1/2 percent. The Dax in Frankfurt, despite that fall in BMW, is up, also, about 1 1/2 percent, with the CAC-40 up more than 1 1/2 percent. Tech stocks, across the continent, bouncing back after a dismal performance yesterday, especially in England right now -- in London. Turning over to currencies: and the euro, still stuck near record lows against the dollar, below 91 cents right now and still falling. Some analysts predict the euro will soon hit 85 cents against the dollar. As for the dollar against the yen, it's trading around 106 1/2, and the pound a touch lower, below $1.57 against the U.S. currency. That is the latest from London. Back to you in New York.</s>HAFFENREFFER: Thank you, Hala.
Ericsson Earnings Smash Expectations; Alchemy Pulls Out of Rover Talks; Sentiment Positive Across Europe