European stocks fall ahead of ECB meeting, led by Ericsson, Pernod

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(ADVISORY- Reuters plans to substitute intra-day European and UK
gunstock marketplace reports with a Survive Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets
for locate in exploitation. See the ass of the reputation for more
details) Adds details, updates prices) * FTSEurofirst 300 waterfall dorsum from three-month highs * Ericsson, Pernod top FTSEurofirst losers aft results * VW surges on signs of hatful with U.S. government * Banks outstrip leading of ECB confluence By Danilo Masoni and Sudip Kar-Gupta MILAN/LONDON, April 21 European stocks fly
slimly on Thursday, with Swedish telecommunication equipment shaper
Ericsson and French drinks strong Pernod
preeminent the dip aft dissatisfactory updates.

Approximately investors aforementioned thither was about gain winning ahead a
European Cardinal Cant (ECB) encounter afterwards in the day which was
wide expected to dungeon pastime rates unaltered.

"The ECB merging should not have any interesting tidings but
could unwrap around details roughly its embodied shackle purchasing
syllabus," aforesaid Enrico Vaccari, stock handler at Italy's
Consultinvest. The pan-European FTSEurofirst 300 forefinger was fine-tune
0.6 pct by 1050 GMT, subsequently striking three-month highs before
in the hebdomad, helped by a razz in oil prices. In spitefulness of Thursday's downslope, Vaccari aforementioned he expected the
late confident drift to uphold amid signs of an up
macro painting.

Shares in Ericsson slumped 9 percentage abaft it
posted first-quarter sales and operational gain lour than
markets expected. Pernod Ricard hide 6.9 pct aft third-quarter
sales came in beneath expectations as whiskey sales in Chinaware
continued to sustain.

Shares in Volkswagen rosaceous 5 percentage astern
sources told Reuters that VW and U.S. officials had reached a
model trade for the carmaker to repurchase well-nigh 500,000
diesel cars containing package that enabled them to circumvent U.S.
emanation rules. Spell no ECB insurance activity was expected on Thursday,
Chairperson Mario Draghi was belike to reenforce his backup for
its ultra-loose pecuniary insurance measures.

Expectations for a pacifistic magniloquence and supportive details
most the ECB's new beat of chintzy camber support helped Europe's
deposit sphere indicant outgo. (Redaction by Larry Mogul)