Monday, June 4, 2007

European Stocks Drop for First Time in Three Days, Led by Deutsche Bank

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

Utilities shares fell from a record high, paced by Gaz de
France SA and E.ON AG. Dassault Systemes SA, whose software
helped design the Airbus SAS A380 passenger jet, declined after
UBS AG cut its recommendation on the stock.


Read more at Bloomberg Stocks News

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