European Stocks Gain for First Time in Seven Days; Tesco Rises
European Stocks Gain for First Time in Seven Days; Tesco Rises
European stocks rose as Tesco Plc reported better-than-estimated profit and TUI Travel Plc said results will reach its yearly forecasts, indicating company earnings may withstand the region’s debt crisis. U.S. index futures and Asian shares climbed.
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European Stocks, U.S. Futures Fluctuate; Tesco, E.ON Shares Move
European stocks were little changed as Moody’s Investors Service said it may cut Ireland’s credit rating, offsetting better-than-estimated profit at Tesco Plc. U.S. futures fluctuated and Asian shares slipped.
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