European Stocks Drop for Third Day as Barclays Retreats

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European stocks fell for a third day, the longest streak since March, with Barclays Plc helping push shares lower, while tension in Ukraine escalated.

Barclays fell the most since July after reporting that pretax profit dropped. Balfour Beatty Plc sank 20 percent after its chief executive officer quit and the company cut its earnings forecast. Deutsche Lufthansa AG rose 3 percent after saying its first-quarter loss narrowed. PostNL NV rallied the most since October.