Most European Stocks Rise as Stoxx 600 Climbs Sixth Week
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Most European stocks advanced, with the Stoxx Europe 600 Index rising for a sixth consecutive week, as investors weighed U.S. industrial data to gauge the strength of the world’s largest economy.
Vivendi SA climbed 2.8 percent after posting better-than-estimated third-quarter profit and saying it will spin off its French phone carrier SFR by July 2014. Publicis Groupe SA rose 1.6 percent. Julius Baer Group Ltd. slipped 1.6 percent after reporting that its gross margin narrowed as it absorbed wealth-management units acquired from Bank of America Corp. Safran SA lost 3.9 percent as the French state, its largest shareholder, reduced its stake.