18-02-2016 10:59 via rocketnews.com

European shares retreat from 2-week high on disappointing earnings

By Atul PrakashLONDON (Reuters) – European equities slipped after climbing to a two-week high earlier on Thursday, with some disappointing company results and weaker miners putting pressure on the market. The pan-European FTSEurofirst 300 <.FTEU3> index was 0.5 percent lower at 1,288.74 points by 0851 GMT after rising to 1,298.16, its highest level since Feb. 5. It had ended 2.7 percent stronger on Wednesday following a rally in oil prices. Food group Nestledropped 4 percent, the hea
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