European shares weighed down by disappointing earnings; Bayer falls

jueves 12 de mayo de 2016 12:53 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 closing prices)

* FTSEurofirst 300 down 0.55 percent after choppy session

* Bayer and BASF slip on reported interest for Monsanto

* Aegon and Generali slump as profits disappoint

* KBC and Zurich rise after well-received results

By Danilo Masoni

MILAN, May 12 (Reuters) - European stocks fell on Thursday after a choppy session, weighed down by some disappointing earnings updates, while Bayer and BASF dropped on reports they could be interested in buying Monsanto.

The FTSEurofirst 300 index dropped 0.55 percent, having risen by as much as 0.9 percent earlier in the session on the back of gains in crude oil prices, which later turned lower.

Oil prices fell back after touching six-month highs, as selling prevailed on signs of another storage build at the hub for U.S. crude futures.   Continuación...