Pursuits
European Stocks Fall as Spain Contracts; AB InBev Sinks
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European stocks fell for the first time in five days, extending the biggest monthly drop since September, as Spain entered a recession and U.S. business activity expanded at the slowest pace since November 2009.
Anheuser-Busch InBev NV paced declining shares after the world’s largest brewer reported revenue that fell short of analyst estimates. Vestas Wind Systems A/S slid 3.4 percent as Credit Suisse Group AG recommended investors sell the shares. Adidas AG surged to a record after the sporting-goods maker raised its 2012 earnings forecast.