Sunday, June 3, 2007

European Stocks May Decline, Led by BNP Paribas, Banks; Shell May Gain

(Bloomberg) -- European stocks may drop for the first
time in three days, led by Deutsche Bank AG and BNP Paribas SA,
after JPMorgan, Chase & Co. cut its recommendation on the
investment banking industry.

Energy stocks may limit the decline after Citigroup Inc.
raised its forecast for Brent crude this year and upgraded shares
of Royal Dutch Shell Plc, the region's biggest oil company.


Read more at Bloomberg Stocks News

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