European Shares Are Little Changed as Unilever Advances

European stocks were little changed, erasing earlier gains, as a rally in food and beverage makers offset a decline in mining stocks.

Unilever gained 2.3 percent after the maker of Magnum ice cream and TRESemme shampoo reported fourth-quarter sales growth that exceeded estimates. Rio Tinto Group and BHP Billiton Ltd., the world’s biggest miners, each declined at least 1.7 percent. Alstom SA tumbled 14 percent after the French maker of trains and power equipment reduced its operating-margin outlook.