European stocks decline from highest level in six years

Bloomberg - European stocks declined from a six-year high as investors weighed earnings and awaited a U.S. report on new-home sales. U.S. stock-index futures rose, while Asian shares were little changed.

Jeronimo Martins SGPS SA slipped 5.5 percent after reporting 2013 net income that missed analyst forecasts. Anheuser-Busch InBev NV rose 0.8 percent after the brewer posted fourth-quarter earnings growth that exceeded analyst estimates and predicted improvements in its largest markets in 2014. Repsol SA added 1.5 percent after agreeing to accept at least $5 billion to settle a dispute regarding Argentina’s expropriation of its YPF SA unit. Swiss Life Holding AG (SLHN) climbed 6.2 percent after boosting its dividend.

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