Monday, July 9, 2007

European Mining Stocks May Gain, Led by Rio; Marks & Spencer Might Advance

(Bloomberg) -- European mining stocks may rise for a
ninth day after UBS AG lifted its share-price forecasts for Rio
Tinto Group and Antofagasta Plc.

Marks & Spencer Group Plc may climb after first-quarter
domestic sales beat analysts' estimates. Royal Numico NV may jump
after Groupe Danone SA said it offered to buy the company for 12.3
billion euros ($16.8 billion) after the market close yesterday.
Solarworld AG might drop after UBS downgraded the stock.


Read more at Bloomberg Stocks News

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