European stocks rose, extending a six-year high, but Paddy Power shares fell as its chief executive announced he will retire next year.
The bookie fell more than 4 per cent after Patrick Kennedy said he would step down next year after ten years heading the business. The Iseq index was down 0.3 per cent, although both TVC Holdings and Glanbia rose(http://www.businesspost.ie/#!story/Home/News/Glanbia+revenue+grows+17%25+despite+challenges+for+Irish+dairy/id/87198161-2385-371c-9547-6e8b37843610) strongly after releasing financial statements today....
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