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European Stocks Rise for a Fourth Day
European (SXXP) stocks climbed for a fourth day as a measure of U.S. manufacturing beat estimates, while investors awaited the outcome of a two-day summit of the European Union’s leaders. Wincor Nixdorf AG (WIN), Europe’s biggest maker of automated teller machines, rallied 11 percent. Nestle SA (NESN) retreated 1.7 percent as the world’s biggest food company reported nine-month sales growth that missed analysts’ estimates. Remy Cointreau SA (RCO) sank the most in 3 1/2 years after France’s second-biggest distiller posted an improvement in first-half sales that fell short of forecasts. The Stoxx Europe 600 ... (full story)
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