Wednesday, May 2, 2007

European Stocks Rise, Led by BSkyB, Novo Nordisk; Lagardere Advances

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

``A positive earnings season will keep underpinning equities along with the fact that mergers and acquisitions continue to show a bullish trend,'' said Henk Potts, who helps oversee $45 billion at Barclays Stockbrokers in London.


Read more at Bloomberg Stocks News

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