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Thursday, August 22, 2013

Epic Research : European Market News Update

The Stoxx Europe 600 index XX:SXXP -0.54% lost 0.5% to 300.61, closing at the lowest level since late July. an-European index, shares of Heineken NV NL:HEIA -3.98% slumped 4% after the brewer reported a 17% drop in first-half earnings per share, saying it has suffered from bad weather and weak demand in several markets in the Northern Hemisphere.
Rival brewer Carlsberg AS DK:CARLB -1.60% gave up 1.6% as it reported a 38% drop in second-quarter net profit

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