Wednesday, July 18, 2007

Nordic Stocks Decline, Paced by Statoil, Nokia, Atlas Copco; SKF Gains

(Bloomberg) -- Nordic stocks fell for a second day,
led by Statoil ASA and Norsk Hydro ASA, the region's largest oil
companies. Atlas Copco AB dropped after HSBC Holdings Plc cut its
recommendation for the world's biggest maker of air compressors.

Fortum Oyj advanced after Finland's largest utility reported
second-quarter profit that beat analysts' estimates.


Read more at Bloomberg Stocks News

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