Economics
German Stocks Little Changed After Reaching All-Time High
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German stocks were little changed, after the DAX Index last week rallied to its record, as France declared an end to austerity and Germany indicated a willingness to be flexible on deficit reduction.
Linde AG rose the most in eight months after posting first-quarter profit that beat analysts’ estimates as acquisitions made in 2012 increased sales. Celesio AG rose to its highest price since June 2011 after Franz Haniel & Cie GmbH said it isn’t in discussions to sell a stake in the drug wholesaler.