European Retail Stocks Drop; Next, Kingfisher, Sports Direct Lead Slide

(Bloomberg) -- European retail stocks fell, led by
Next Plc and Kingfisher Plc, as floods devastated parts of
central England.

Sports Direct International Plc tumbled 16 percent after the
U.K.'s biggest sporting-goods retailer said it expects the
weather to weigh on earnings. ARM Holdings Plc and Infineon
Technologies AG led chipmakers lower after Texas Instruments Inc.
of the U.S. reported a drop in profit and revenue that missed
analysts' estimates. MAN AG paced advancing shares after Merrill
Lynch & Co. recommended buying shares in the German truckmaker.


Read more at Bloomberg Stocks News

European Stocks Decline; ARM Holdings, Infineon Technologies, Telenor

(Bloomberg) -- European stocks fell, led by ARM
Holdings Plc and Infineon Technologies AG after Texas Instruments
Inc., the world's largest maker of chips that run mobile phones,
reported lower profit and revenue that missed analysts' estimates.

Europe's Dow Jones Stoxx 600 Index lost 0.1 percent to
394.42 at 8:07 a.m. in London with 15 of 18 industry groups
falling. The Stoxx 50 slid 0.2 percent, while the Euro Stoxx 50,
a measure for the euro region, decreased 0.3 percent.


Read more at Bloomberg Stocks News