European Stocks Rise as Earnings Top Weakness in Oil, French Banks

European shares rose on Tuesday pushing the benchmark STOXX 600 back slightly into positive territory for the year with some encouraging company updates and gains in healthcare stocks helping to counter weakness in oil majors and eurozone banks. Chipmaker AMS rose 13.6 percent, poised for its best-ever day following results while food-processing machinery maker GEA was up 5.5 percent after a setting a brighter outlook for its profits.