How did Eurozone respond to US equity slide?

Neste Oil

Neste Oil Oyj jumped 8.8 percent to 14.65 euros after reporting fourth-quarter profit of 193 million euros, beating the average analyst projection of 69 million euros. Finland’s only oil refiner proposed paying investors 65 euro cents a share, more than the Bloomberg Dividend Forecast of 50 cents.

Premier Oil Plc climbed 8.6 percent to 291.1 pence. Simon Lockett said he will quit his job as chief executive officer. The explorer said last month oil production in 2014 would miss its forecast after disruptions to fields in the U.K. North Sea and Vietnam.

RSA Insurance Group Plc rose 2.9 percent to 99 pence after naming Stephen Hester as CEO. Hester was CEO of Royal Bank of Scotland Group Plc until October.

KPN declined 4.8 percent to 2.57 euros. The company said it would eliminate as much as 14 percent of its workforce in the Netherlands over the next three years. Fourth-quarter earnings before interest, taxes, depreciation and amortization fell 29 percent to 581 million euros, missing analysts’ estimates.

Vestas Slips

Vestas dropped 4.8 percent to 170.10 kroner. The world’s biggest wind-turbine manufacturer will sell as many as 20.4 million new shares through a private placement at market price after a two-year turnaround program dragged the company out of debt and resulted in its first quarterly profit since mid-2011. Net income in the fourth quarter of 218 million euros beat analysts’ expectations.

ARM Holdings Plc slid 5.9 percent to 875 pence after the semiconductor company whose designs power Apple Inc.’s iPhones and iPads reported royalty revenue rose 7 percent in the fourth quarter to $146.4 million, less than the 13 percent growth in the third quarter and a 19 percent increase a year earlier.

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