European stocks fall as companies miss profit estimates

Source: Bloomberg
© Scanpix/Reuters
Equities of the biggest European companies decline on Wednesday, as investors evaluate their performance for work in the first quarter, while some of them decreased future profit projections. The benchmark Europe Stoxx 600 Index drops 0.2% to 343.75 points, down from the highest level in six years. Among losers, Elektra AB and Osram Light AG decrease 7.7% and 7.6%, respectively.
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