European stocks decline from highest level in six years
• 27 Feb 2014
European Central Bank President Mario Draghi attends the monthly ECB news conference in Frankfurt (REUTERS/Ralph Orlowski)
U.S. stock-index futures rose, while Asian shares were little changed
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.