May 26, 2011

Europe shares slip, constrained by euro zone woes

By Brian Gorman

LONDON, May 26 (Reuters) - European shares edged lower on Thursday, giving up some gains from the previous session, and strategists said the market would remain rangebound until there was some sort of resolution to the euro zone debt crisis.

Banks rose, but several other companies, such as luxury fashion retailer Burberry (BRBY.L), fell on cautious outlook statements.