Wednesday, July 4, 2007

European Stocks Rise, Led by Deutsche Telekom; Adecco, Vedior Decline

(Bloomberg) -- European stocks gained for a second
day, led by Deutsche Telekom AG after Credit Suisse Group raised
its recommendation for the telecommunications industry.

Adecco SA, the world's biggest temporary employment agency,
and Vedior NV, the fourth-largest, dropped after Deutsche Bank AG
downgraded both stocks. InterContinental Hotels Group Plc led
hotel shares higher after Hilton Hotels Corp. of the U.S. agreed
to be taken private by buyout firm Blackstone Group LP.


Read more at Bloomberg Stocks News

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