European stocks were mixed on Wednesday as Brent crude prices jumped today due to supply shortages.
The FTSE 100 in London closed up 0.09% at 6,162.49, with the biggest gainers including BHP Billiton and Rio Tinto. Official U.K. data showed manufacturing and industrial output rebounded month-on-month in March after falling in February but both gauges were down on the year.
Betting company William Hill saw shares dip 6.05% today on news that group revenues were down 3% for the 17-week period to April 26. The company said it lost £2.2 million ($3.2 million) during the Premier League soccer season.
Infamously, the bookie has had to pay £112,500 to a punter that put a £75 on a 1500-1 bet that Leicester City would win the league.
In Frankfurt, the Dax was down 0.70% at 9,975.32 and in Paris the Cac 40 was down 0.50% at 4,316.67.
Outdoor advertising company JCDeacaux plunged almost 10% in Paris after analysts cut their forecasts following comments about the second-quarter outlook. It predicted second-quarter organic revenue growth of about 3% "given the slowdown of the world economy."
Utility E.ON (EONGY) was dropped 5.58% in Frankfurt after CFO Michael Sen noted that its "traditional business remains under pressure" as it reported first-quarter profit inflated by a one-time gain related to the renegotiation of a gas supply contract with Gazprom (OGZPY)
Utility EDF (ECIFY) fell 2.75% in Paris after a late Tuesday announcement of a 7% decline in quarterly sales, with revenue down across all divisions, most markedly in the U.K.
Tour operator Tui fell more than 2% in London and Frankfurt as it announced plans to sell adventure-travel operations as it announced a small rise in quarterly earnings.
In Spain, Telefonica shares closed down 1.07% after dipping as much as 2.2% immediately after the European Commission blocked its sales of O2 to CK Hutchinson Holdings.
In Copenhagen, brewer Carlsberg fell close to 2.9% after first-quarter earnings slipped more than expected amid currency headwinds and a contraction at its core western European business.
Deutsche Post rose 2.23% in Frankfurt after the company beat first-quarter earnings estimates, and posting the biggest earnings increase in more than a year.