European Stocks Get No Lift From Record Highs in New York

LONDON ( The Deal) -- European stock indices were little changed on Wednesday after strong consumer and durable goods data propelled U.S. stock markets to record highs in New York.

In Gaza, Israel and Hamas signed up to an Egypt-brokered ceasefire, while in Ukraine President Petro Poroshenko said his government will prepare a "road map" to end its civil war after Poroshenko's first talks with Russian President Vladimir Putin ended without a breakthrough.

GfK's July consumer confidence index for Germany unexpectedly fell for the first time since January 2013. Meanwhile, import prices fell faster than expected in July, declining 1.7% year-on-year and 0.4% from June, the Federal Statistical Office said.

In London, the FTSE 100 was up 0.08% at 6,828.67. In Frankfurt, the DAX was down 0.06% at 9,582.40. The CAC in Paris was down 0.07% at 4,390.30.

In London, Fyffes was up well over 3% in London after the banana distributor lifted its full-year Ebita target and, together with merger partner Chiquita Brands (CQB) , disclosed that it had found another $20 million of expected synergies from a union that the companies now say could close as early as October.

Discount carrier Ryanair Holdings (RYAAY) gained more than 3% in London after launching a new type of ticket to lure in business customers.

But infrastructure services provider Balfour Beatty, which has rejected a string of takeover proposals from peer Carillion, fell marginally after directors lifted the value of its so-called public private partnership portfolio by 46% to almost 1.1 billion pounds ($1.8 billion).

In Frankfurt, Infineon Technologies  (IFNNY) rose 1.5% to 8.96 euros as Credit Suisse Group analysts initiated coverage with an outperform recommendation and a price target of 10.10 euros.

In Milan, Telecom Italia was up more than 3% after Brazil's OI said late on Tuesday it had hired BTG Pactual to review a potential offer for Telecom Italia's stake in Brazilian wireless services operator TIM Participacoes.

Oslo-listed IT services company Evry surged 27% as it confirmed it has hired ABG Sundal Collier to consider a sale among other "strategic actions" to improve its value. Evry is 70.2%-owned by Norway Post and telecom Telenor ASA.

In Tokyo, the Nikkei 225 closed up 0.09% at 15,534.82.

In Hong Kong, the Hang Seng closed down 0.62% at 24,918.75.

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