Thursday, March 8, 2007

European Stocks Rise on Earnings; Suez, Aegon and BNP Advance

European stocks rallied for a third day, led by Suez SA and Aegon NV after the companies reported earnings that topped analysts' estimates.

Deutsche Bank AG and BNP Paribas SA, the biggest banks in Germany and France, respectively, gained after JPMorgan Chase & Co. increased its recommendation on the shares. BHP Billiton, the world's biggest mining company, led shares of raw-material producers higher as metals prices rose.

Read more at Bloomberg.com

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