European shares down as Remy‘s profit warning hits drinks sector
date:Nov 27, 2013
European shares edged lower in early trading on Tuesday, retreating from a one-week high hit the previous session, with Remy Cointreau leading the food and beverages sector lower after issuing a profit warning.

Shares in the French spirits group fell more than 7 percent after warning of a double-digit decline in full-year operating profit because of a slowdown in China.

The STOXX Europe 600 food and beverages index fell 0.7 percent, the top sectoral decliner, and put pressure on the wider mark
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