Thursday, July 5, 2007

Italian Stocks Fall on Rate Concerns, Paced by Intesa Sanpaolo Shares

(Bloomberg) -- Italian stocks fell for the first time
in six days, led by Intesa Sanpaolo SpA, Italy's second-biggest
bank, on concerns interest rates will keep rising.

Alitalia SpA declined after Il Sole/24 Ore reported that
some of the banks funding Air One's bid for the national carrier
may drop out of the group.


Read more at Bloomberg Stocks News

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