Tuesday, July 24, 2007

European Technology Stocks Decline; ARM Holdings, Infineon Lead Slide

(Bloomberg) -- European technology stocks fell, led
by ARM Holdings Plc and Infineon Technologies AG, after U.S.
chipmaker Texas Instruments Inc. reported a drop in profit and
revenue that missed analysts' estimates.

MAN AG paced advancing shares after Merrill Lynch & Co.
recommended buying shares in the German truckmaker. Akzo Nobel NV
jumped after reporting earnings. Wincor-Nixdorf AG and Telenor
ASA sank after posting earnings that missed estimates.


Read more at Bloomberg Stocks News

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