European Stocks Rise as EON, Swiss Life Climb on Earnings
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European stocks rose to their highest level in a week as EON SE and Swiss Life Holding AG reported better-than-expected profit.
EON rose the most since September as Germany’s largest utility said higher production at its North Sea fields benefited earnings. Swiss Life rallied 7.1 percent on increased sales of occupational benefits in its home market. Gagfah SA added 2.9 percent after the third-biggest German property company raised its 2014 earnings forecast for a second time.