(Bloomberg) -- European retail stocks fell after
Tesco Plc, the U.K.'s largest supermarket operator, reported
sales that missed analysts' estimates. Marks & Spencer Plc and
Carrefour SA paced the decline.
Invensys Plc gained after Citigroup Inc. recommended buying
shares of the maker of Whirlpool washing machines on prospects
for higher profitability. Thales SA rose the most in three months
after the defense company was shortlisted for a $2.7 billion
contract from the U.S. Navy. KarstadtQuelle AG jumped after the
retailer said it may sell shares in its department store unit.
Read more at Bloomberg Stocks News
Tesco Plc, the U.K.'s largest supermarket operator, reported
sales that missed analysts' estimates. Marks & Spencer Plc and
Carrefour SA paced the decline.
Invensys Plc gained after Citigroup Inc. recommended buying
shares of the maker of Whirlpool washing machines on prospects
for higher profitability. Thales SA rose the most in three months
after the defense company was shortlisted for a $2.7 billion
contract from the U.S. Navy. KarstadtQuelle AG jumped after the
retailer said it may sell shares in its department store unit.
Read more at Bloomberg Stocks News
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