Pursuits

German Stocks Little Changed as Euro-Area Factory Output Drops

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German stocks were little changed as a report showing euro-area industrial production fell more than economists forecast in January offset better-than-expected U.S. retail sales data.

Commerzbank AG fell to its lowest price in almost four months after saying it will sell 2.5 billion euros ($3.3 billion) of shares to repay stakes owned by Allianz SE and a government fund. Infineon Technologies AG dropped the most in two weeks after Morgan Stanley downgraded the shares. Bayerische Motoren Werke AG led carmakers lower.