European Stocks Advance; SAP, Roche Holding and Vodafone Pace the Gains

(Bloomberg) -- European stocks rose for the first
time in three days, led by technology companies after Germany's
SAP AG and International Business Machines Corp. of the U.S.
reported earnings and sales that beat analysts' estimates.

Shares of Roche Holding AG rallied on better-than-expected
profit for the world's biggest maker of cancer medicine. Vodafone
Group Plc gained after the world's largest mobile-phone company
increased subscribers.


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European Stocks May Advance; SAP, Roche Holding May Gain on Earnings

(Bloomberg) -- European stocks may rise for the
first time in three days, led by technology companies after
Germany's SAP AG and International Business Machines Corp. of the
U.S. reported earnings and sales that beat analysts' estimates.

Shares of Roche Holding AG will probably advance after the
world's biggest maker of cancer medicine reported an increase in
profit for the first-half.


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European Stocks May Decline, Paced by Barclays, BNP Paribas, BAE Systems

(Bloomberg) -- European stocks may decline as U.S.
equities retreated for a second day. Barclays Plc, Britain's
third-largest bank, and BNP Paribas SA, France's biggest, may
decline after their U.S.-traded securities dropped.

Iberdrola SA may be active after the Spanish power company
agreed to buy U.S.-based Energy East Corp. for $4.5 billion. Shares
of Roche Holding AG may move after the company offered to buy
Ventana Medical Systems Inc. of the U.S. for about $3 billion.


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