Corporate Europe turns a corner with latest results

MILAN/NEW YORK (Reuters) - European corporate earnings have turned a corner halfway through quarterly results season, accelerating quicker than the United States, in a surprising development that could signal how consensus forecasts are underrating growth potential.A report this week by Thomson Reuters analyst David Aurelio showed combined profits of companies in the pan-regional STOXX 600 indexare expected to have grown by 16.9 percent in the final three months of 2017.