Tuesday, July 17, 2007

U.K. FTSE 100 Benchmark Declines, Paced by BHP; Rolls-Royce, Kelda Slip

(Bloomberg) -- U.K. stocks fell for a second day,
paced by BHP Billiton Ltd. after Deutsche Bank AG downgraded the
shares and metal prices retreated. Anglo American Plc and
Antofagasta Plc also declined.

Rolls-Royce Group Plc, Kelda Group Plc and Schroders Plc
slid as brokerages lowered their recommendations for the
companies' stocks. Reed Elsevier Plc dropped after it agreed to
sell Harcourt Education for $4 billion.


Read more at Bloomberg Stocks News

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