Thursday, May 17, 2007

European Mining Stocks May Fall as Copper Drops; Cairn Energy May Rise

(Bloomberg) -- European mining stocks may decline after a retreat in metal prices sent shares of BHP Billiton Ltd. and Rio Tinto Group down in Australia.

Statoil ASA and Royal Dutch Shell Plc might climb after oil rallied yesterday. AstraZeneca may gain after its once-a-day version of its Seroquel anti-psychotic pill won U.S. approval. British Airways Plc may drop after the airline reported a loss.


Read more at Bloomberg Stocks News

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