Monday, June 4, 2007

European Bank Stocks Decline, Led by Deutsche Bank; Tiscali, Clariant Gain

(Bloomberg) -- European bank stocks dropped, led by
Deutsche Bank AG and BNP Paribas SA, after JPMorgan, Chase & Co.
cut its recommendation on the investment-banking industry.

Tiscali SpA gained on speculation the Italian Internet
provider may be bought. Clariant AG, a Swiss chemical company,
also paced advancing shares.


Read more at Bloomberg Stocks News

No comments: