European stocks fall ahead of ECB meeting, led by Ericsson, Pernod

jueves 21 de abril de 2016 07:22 GYT

(ADVISORY- Reuters plans to replace intra-day European and UK stock market reports with a Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets for site in development. See the bottom of the report for more details) Adds details, updates prices)

* FTSEurofirst 300 falls back from three-month highs

* Ericsson, Pernod top FTSEurofirst losers after results

* VW surges on signs of deal with U.S. authorities

* Banks outperform ahead of ECB meeting

By Danilo Masoni and Sudip Kar-Gupta

MILAN/LONDON, April 21 (Reuters) - European stocks fell slightly on Thursday, with Swedish telecom equipment maker Ericsson and French drinks firm Pernod leading the fall after disappointing updates.

Some investors said there was some profit taking before a European Central Bank (ECB) meeting later in the day which was widely expected to keep interest rates unchanged.

"The ECB meeting should not deliver any interesting news but could disclose some details about its corporate bond buying programme," said Enrico Vaccari, fund manager at Italy's Consultinvest.   Continuación...