Monday, July 2, 2007

European Stocks Decline; Allianz, Deutsche Bank, Thomas Cook Fall

(Bloomberg) -- European stocks declined for the first
time in three days. Allianz SE and Deutsche Bank AG led a drop by
insurers and banks.

Thomas Cook Group Plc, the travel operator created last
month by a merger, fell after Credit Suisse Group rated the
shares ``underperform'' in new coverage. Groupe Danone SA gained
after a report it might be in talks to sell its biscuit and
cereal products division to Kraft Foods Inc.


Read more at Bloomberg Stocks News

No comments: