European Stocks Fall for First Time in Four Days; Statoil, BHP Decline

(Bloomberg) -- European stocks dropped for the first
time in four days after analysts downgraded oil companies and a
decline in copper prices pushed mining shares lower.

Repsol YPF and Statoil ASA paced a retreat in energy stocks
after ING Groep NV recommended selling the shares. Anglo American
Plc and Antofagasta Plc followed copper prices lower and BHP
Billiton Ltd. slid after Deutsche Bank AG downgraded shares of the
world's biggest mining company.


Read more at Bloomberg Stocks News