European stocks lose ground as earnings hold the spotlight; Rheinmetall gains 2% [MSNBC.com]
RHEINMETALL AG UNSP/ADR (RNMBY)
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Source: MSNBC.com
The City of London skyline at sunset.Gary Yeowell | Digitalvision | Getty ImagesLONDON — European stocks edged lower on Thursday, as investors reacted to another flurry of corporate earnings.The pan-EuropeanStoxx 600It's a busy day for earnings with quarterly reports from a slew of regional companies.AstraZenecaShares have fluctuated above and below the flat line since the opening bell, and were last seen trading around 0.3% higher.Speaking to CNBC's "Squawk Box Europe" on Thursday morning, AstraZeneca CEO Pascal Soriot said the company had decided to keep its guidance unchanged as it was still grappling with headwinds in China and Latin America."We have a range in our guidance; we could end up in the top end of the range. We decided to be cautious and potentially overdeliver if everything goes well," he said.watch nowVIDEO5:0005:00AstraZeneca’s strong U.S. ties reflect Trump’s policy of equalization, says CEOSoriot also touched on relations with Trump in Thursday's interview with CNB
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