Tuesday, May 1, 2007

U.K. Stocks Decline, Led by Hanson, Balfour on U.S. Housing Market Concern

(Bloomberg) -- U.K. stocks slid, paced by construction companies on concern a slowing U.S. housing market will erode earnings growth in the industry.

Hanson Plc, the world's largest supplier of crushed rock used in construction, led the decline. Balfour Beatty Plc, the U.K.'s biggest construction company, also fell.


Read more at Bloomberg Stocks News

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