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European stocks declined from a six-year high as investors weighed earnings and awaited a U.S. report on new-home sales. U.S. stock-index futures rose, while Asian shares were little changed.
U.S. data at 10 a.m. in Washington will probably show sales of new homes declined for a third consecutive month in January following the best year for demand since 2008. Purchases decreased 3.4 percent to a 400,000 annualized pace, according to the median economist projections compiled by Bloomberg before the Commerce Department releases the figures.
In the U.K., data today will probably confirm that the economy expanded 0.7 percent in the final three months of 2013, capping the best year for growth since 2007. The Office for National Statistics publishes its second estimate for gross domestic product at 9:30 a.m. in London.
Jeronimo Martins slipped 5.5 percent to 12.30 euros after the Portuguese retailer said net income rose 6 percent to 382 million euros ($525 million) in 2013. That missed the 386.8 million-euro average analyst projection compiled by Bloomberg.
AB InBev added 0.8 percent to 74.87 euros. Earnings before interest, taxes, amortization and depreciation, excluding some items, totaled $5.2 billion in the fourth quarter, the brewer of Budweiser, Stella Artois and Brahma beer said today in a statement. That compared with the $5 billion median estimate of 11 analysts surveyed by Bloomberg. So-called organic growth of 13 percent exceeded projections for 10 percent.
Airbus Group NV rose 2.7 percent to 54.55 euros after saying earnings before interest, taxes, and one-off items jumped 21 percent to 3.6 billion euros last year, beating its own forecast for 3.5 billion euros. The company also predicted earnings would grow in 2014.
FTSE 100 6,808.83 -21.67 -0.32%
CAC 40 4,400.48 -14.07 -0.32%
DAX 9,680.04 -19.31 -0.20%
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