European stocks advance as companies report gains

Note: This section contains information in English only.
Source: Bloomberg
The Stoxx Europe 600 Index advanced 0.3%, extending this month gains. Major contributor was TomTom NV, which surged 5.4% after Dutch producer of navigation system increased their earning forecasts for 2013. Eni SpA jumped 2.8% after announcing that their third quarter net income beat expectations, while Sanofi tumbled 1.9% after saying that their profits will most likely fall 10% this year.
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