Sunday, July 15, 2007

European Stocks May Fall; Volkswagen, Lufthansa, Rio Tinto Might Decline

(Bloomberg) -- European stocks may decline for the
first time in three days as crude oil traded near an 11-month
high. U.S.-traded securities of Volkswagen AG, the region's
biggest carmaker, and airline Deutsche Lufthansa AG slipped.

Rio Tinto Group, the world's third-largest mining company,
dropped in Australia after Citigroup Inc. cut its recommendation
on the shares. Royal Philips Electronics NV may be active after
saying second-quarter profit rose fivefold.


Read more at Bloomberg Stocks News

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