Monday, April 30, 2007

European Commodity Stocks, BHP May Gain; Royal Bank of Scotland Might Fall

(Bloomberg) -- European commodity stocks may gain, paced by BHP Billiton Ltd. and Anglo American Plc, after metal prices advanced.

Royal Bank of Scotland Group Plc might drop after the Wall Street Journal reported it had lined up most of the funds needed to pay for a bid for ABN Amro Holding NV. Telecom Italia SpA may rise after Telefonica SA and a group of investors agreed to pay 4.1 billion euros ($5.6 billion) for a controlling stake in Italy's biggest phone company


Read more at Bloomberg Stocks News

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