The trading floor of Frankfurt’s stock exchange saw European shares hit their lowest in months.
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WPP Plc slid 3.5 percent and Allianz SE dropped 2.3 percent after posting profit that missed estimates.Allianz slid 2.3 percent to 128 euros. Europe's biggest insurer reported fourth-quarter net income of 1.26 billion euros ($1.7 billion), falling short of the 1.31 billion euros projected by analysts.Essilor International SA lost 3.2 percent to 76.33 euros.The world's largest container-shipping line said Ebit declined 7.5 percent to 41.2 billion kroner ($7.6 billion) in 2013, missing the 43.1 billion-kroner average of analyst estimates compiled by Bloomberg.Veolia Environnement SA jumped 8.2 percent to 13,80 euros, its highest price since October.GDF Suez advanced 6 percent to 18.62 euros. That exceeded the 3.23 billion euros estimated by analysts.Royal Ahold NV gained 4 percent to 13.82 euros.
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