Wednesday, May 2, 2007

European Stocks Climb, Paced by BSkyB, Allianz; Lagardere and RCS Advance

(Bloomberg) -- European stocks gained after British Sky Broadcasting Group Plc and Allianz SE reported earnings that topped analysts' estimates and News Corp.'s bid for Dow Jones & Co. of the U.S. fueled speculation of takeovers among publishers.

BSkyB, a U.K. satellite pay television company, climbed the most in more than four years. Allianz, Europe's biggest insurer, advanced to the highest in two months. Lagardere SCA and RCS MediaGroup SpA led gains by publishing companies.


Read more at Bloomberg Stocks News

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