European Stocks Climb as Credit Agricole Beats Forecasts

European stocks rose, rebounding from four days of losses, as companies including Credit Agricole SA and Deutsche Post AG reported better-than-expected earnings.

Credit Agricole climbed 2.2 percent after also saying a key solvency measure improved in the second quarter. Deutsche Post gained 2.2 percent after reporting a 5.7 percent increase in quarterly profit. Telefonica SA fell 1.7 percent after saying it offered 6.7 billion euros ($9 billion) for a Vivendi SA unit.