European Markets Mixed Amid Central Bank Rate Action; Bid Hopes Feed Nutreco
European stock indices are mixed as central banks outside the euro-zone take divergent paths on rates.
European stock indices are mixed as central banks outside the euro-zone take divergent paths on rates and speculation increases that European Central Bank policymakers will engage in government bond buying to boost its balance sheet. Dutch animal feed maker Nutreco rises as U.S. agricultural giant Cargill stokes hopes of a bidding war with agreed buyer SHV, while in Milan Telecom Italia gets a booster from a report of an imminent three-way bid for its 67%-owned Brazilian wireless services operator TIM Participacoes worth a potential $15 billion.
