European Stocks Decline as Draghi Warns Danger Not Over
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European stocks declined as President Mario Draghi reiterated the European Central Bank’s pledge to keep interest rates low as he warned that it’s too soon to say the euro region is out of danger.
Arkema SA dropped 3.1 percent after cutting its full-year earnings forecast. Wm Morrison Supermarkets Plc slid the most in more than five years after saying annual profit will be at the lower end of analysts’ estimates. TGS Nopec Geophysical Co. jumped 17 percent after raising its annual revenue projection. AstraZeneca Plc rose 0.7 percent after a diabetes pill it developed with Bristol-Myers Squibb Co. won U.S. approval.