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European stocks slid to a two-week low as lenders' declines deepened, investors assessed mixed earnings and crude prices weighed on oil companies. Commerzbank AG helped drag a gauge of banks to the worst performance of the 19 industry groups on the Stoxx Europe 600 Index, tumbling 8.1 percent after Germany's second biggest bank scrapped its profit target for this year, forecasting a drop in earnings. Among other stocks moving on corporate news today, Metro AG dropped 8.9 percent after reporting third-quarter sales and profit that missed estimates because of swings in currencies. UniCredit SpA slid 8.1 percent as Il Messaggero reported that the Italian bank may consider a capital increase of as much as 8 billion euros ($9 billion).
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