Showing posts with label Stock Market. Show all posts
Showing posts with label Stock Market. Show all posts

Friday, May 25, 2007

European Construction Stocks Drop, Led by Bouygues and CRH; OMX Advances

(Bloomberg) -- European construction stocks slid, led
by Bouygues SA and CRH Plc on concern that accelerating growth in
Europe will keep interest rates rising.

OMX AB had its biggest rally in 4 1/2 years after Nasdaq
Stock Market Inc. agreed to buy Europe's fifth-largest equity
market. Carrefour SA jumped on speculation that Colony Capital
and French billionaire Bernard Arnault may increase their stake.


Read more at Bloomberg Stocks News

European Stocks Drop, Led by Bouygues, Gas Natural; OMX Shares Surge

(Bloomberg) -- European stocks dropped for a second
day after higher than forecast economic growth in the U.K. and an
increase in German consumer confidence fueled concern central
banks will lift interest rates.

Bouygues SA, the world's second-biggest construction
company, and Gas Natural SDG SA, Spain's largest natural-gas
supplier, paced declines by those most sensitive to higher
borrowing costs. OMX AB had the biggest rally in more than four
years after Nasdaq Stock Market Inc. agreed to buy Europe's
fifth-largest equity market.


Read more at Bloomberg Stocks News