Major European indices build on the so-called Santa rally that yesterday propelled Wall Street to new heights, while Greek stocks fall after the country’s beleaguered prime minister fails in a new attempt to avert a political crisis. In London chocolate confectionery manufacturer and retailer Thorntons tumbles as it warns that falling second-quarter sales will mean lower full-year profit. And in Amsterdam Nutreco declines as suitor Cargill walks away, ending hopes that a bid war will push the Dutch animal feed group’s valuation above the $3.7 billion that investment company SHV has agreed to pay.
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