Tuesday, April 24, 2007

European Stocks Fall, Led by Alcatel, Yell on Earnings; AstraZeneca Drops

(Bloomberg) -- European stocks dropped for a second day after Alcatel-Lucent, the world's largest maker of telecommunications equipment, posted an operating loss and Yell Group Plc said U.S. revenue growth will slow.

AstraZeneca Plc fell after the drugmaker said it may borrow $15 billion for an acquisition and ING Wholesale Bank recommended selling the shares.


Read more at Bloomberg Stocks News

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