UPDATE 2-European shares dip as skepticism looms on recovery

Reuters

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* STOXX 600 ends lower * Telenet, Aurubis, Kering fall after trading update * Ubisoft, Randstad gain after results * Publicis, WPP rise as Unilever threatens online ad cuts (Adds closing prices, details) By Julien Ponthus LONDON, Feb 13 (Reuters) - European shares fell slightly on Tuesday as a flurry of corporate results failed to lift indexes and Wall Street pulled back ahead of Wednesday's crucial data on U.S. inflation. The pan-European STOXX 600 .STOXX benchmark index fell 0.6 percent but remained above the near six-month low hit earlier this month, while the S&P 500 .SPX in the United States fell slightly following two days of gains. urn:newsml:reuters.com:*:nL4N1Q355L A strong reading on U.S. consumer prices could revive concerns over inflation and faster interest rate hikes - the same worries that sparked last week's sell-off in global equities. "We are yet to build consensus around this rally and it could run into trouble if conviction is lacking," said Neil Wilson, senior market analyst at ETX Capital. A flurry of corporate results yielded both positive and negative reactions on European trading floors. The telecoms sector led sectoral fallers in Europe after Telenet TNET.BR reported 2017 results. The Belgian operator fell more than 5.5 percent, the worst performer on the STOXX. Shares in Gucci owner Kering PRTP.PA slid 3.9 percent despite the luxury group reporting stronger-than-expected Q4 sales growth. urn:newsml:reuters.com:*:nL8N1Q3104 Traders said Kering's comments on the euro hurt sentiment. Rival LVMH LVMH.PA lost 1.8 percent. Smelter Aurubis NAFG.DE fell 8 percent after its results fell short of the average forecast in a Reuters poll. urn:newsml:reuters.com:*:nL8N1Q30WR On the other hand, shares in French video game producer Ubisoft UBIP.PA rose 6.1 percent after a trading update which took it to the top of the STOXX 600. Randstad RAND.AS , the world's second-largest staffing company and a bellwether for the economy, saw fourth-quarter core profit rise 15 percent, buoyed by a strong recovery in the European job markets. Its shares gained 2 percent. European travel group TUI TUIT.L rose 1.2 percent after reporting that summer bookings for Turkey were recovering, echoing comments by rival Thomas Cook and adding to hopes that pressure on margins for tour operators may ease. urn:newsml:reuters.com:*:nL8N1Q30QW Advertising agencies Publicis PUBP.PA and WPP WPP.L both rose more than 3.5 percent. Traders said their stocks were supported by news that Unilever ULVR.L had threatened to pull investment from digital platforms such as Facebook and Google that "create division" in society or fail to protect children. urn:newsml:reuters.com:*:nL2N1Q207Q (Additional reporting by Danilo Masoni; Editing by peter Graff) ((julien.ponthus@thomsonreuters.com; 02075426189; Reuters Messaging: julien.ponthus.thomsonreuters.com@reuters.net)) Keywords: EUROPE STOCKS/

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