European stocks fall as companies miss profit estimates

Note: This section contains information in English only.
Source: Bloomberg
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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Wed, 28 May 2014 10:58:04 GMT

Danish economy recovers as consumption rises

Economy of Denmark returned to advance in the first three months of this year, as domestic consumption added 2% and investment increased. GDP of the country jumped 0.9% quarter-on-quarter after a 0.5% slid in October-December. As expected, the weakest economy of Scandinavia will continue to recover. Moreover, the country still holds the highest credit rating of AAA.

Wed, 28 May 2014 10:36:21 GMT

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