Economics
European Stocks Slide to Three-Month Low as ArcelorMittal Falls
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European stocks fell to the lowest level in more than three months as companies including ArcelorMittal and Vinci SA posted worse-than-expected earnings.
ArcelorMittal dropped the most since October 2012 after also lowering its full-year profit forecast. Vinci slipped the most in almost three years. Iliad SA retreated 7 percent after offering $15 billion for a controlling stake in T-Mobile US Inc. Belgacom SA gained 4.8 percent after raising its full-year earnings outlook.