European Stocks Rise to Six-Year High as Airbus Gains
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European stocks climbed to a six-year high amid better-than-estimated earnings from ThyssenKrupp AG to Airbus Group NV.
ThyssenKrupp rose 4.1 percent after Germany’s biggest steelmaker also raised its full-year earnings forecast. Airbus advanced 6.2 percent. Pandora A/S jumped 8.1 percent after increasing its sales projection. Telecom Italia SpA declined 5.2 percent as quarterly revenue missed estimates.