(Bloomberg) -- European stocks including AstraZeneca Plc and Siemens AG declined. Brokerages lowered their recommendations on the companies' shares.
Alcatel-Lucent, the world's largest maker of telecommunications equipment, retreated after posting an operating loss. STMicroelectronics NV paced gains by chipmakers after Texas Instruments Inc. forecast earnings that beat analysts' estimates. Yell Group Plc tumbled 15 percent after the publisher of Britain's Yellow Pages phone books said its U.S. revenue growth will slow this year.
Read more at Bloomberg Stocks News
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