European Stocks Are Little Changed With Vivendi Declining

European stocks were little changed, paring earlier losses in the last hour of trading and closing at its highest level since January 2008.

Jyske Bank A/S rallied 11 percent after buying BRFkredit A/S. Vivendi SA, the French company preparing to spin off its phone business SFR, slipped 1.1 percent after posting fourth-quarter revenue that missed analysts’ estimates. Fresenius Medical Care AG slumped 5.7 percent after the world’s biggest provider of kidney dialysis forecast a decline in 2014 profit.