Tuesday, June 19, 2007

Nordic Shares Slide, Paced by Hennes & Mauritz; Genmab Slumps on Downgrade

(Bloomberg) -- Nordic stocks decreased for the
first time in a week, led by Hennes & Mauritz AB. Europe's
second-biggest clothing retailer is scheduled to report second-
quarter earnings tomorrow.

Genmab A/S slumped to a two-month low after Morgan Stanley
downgraded the Danish biotechnology company. UPM-Kymmene Oyj,
the world's third-largest papermaker, also retreated.


Read more at Bloomberg Stocks News

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