European, Asian Stocks Down on Ukraine Concerns, Earnings Disappointments

European and Asian markets finish the week in the red, as escalating tensions in Ukraine and a string of lower-than-expected first-quarter results across the continent worried investors. In The Netherlands, KPN NV fell after that country¿s largest telecoms operator reported a 22% decline in first-quarter Ebitda, while Deutsche Bank AG fell in Germany amid a report of a planned ¿5 billion capital increase; it¿s due to report first-quarter results next week. In Moscow the Micex Composite Index was weighed down after Standard & Poor¿s cut its rating to the lowest investment level, one step above junk and on a par with Brazil and Azerbaijan.