Monday, June 25, 2007

European Stocks Decline; France Telecom, Anglo American Lead Slide

(Bloomberg) -- European stocks dropped as the French
government began selling as much as 3.8 billion euros ($5.1
billion) in shares of France Telecom SA and Cazenove downgraded
mining companies Anglo American Plc and Antofagasta Plc.

London Stock Exchange Group Plc, which agreed to buy Borsa
Italiana SpA for 1.63 billion euros, fell after the bourse was
put on review by Moody's Investors Services for a possible cut in
its debt rating.


Read more at Bloomberg Stocks News

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