Tuesday, June 5, 2007

European Stocks Fall for Second Day, led by Ryanair, Air France, E.ON

(Bloomberg) -- European stocks declined for a second
day after Ryanair Holdings Plc, the region's biggest low-fare
carrier, said profit growth will slow and investors speculated
rising interest rates will damp profit growth.

Ryanair led the Dow Jones Stoxx 600 Travel & Leisure Index
to its biggest drop in almost three months. E.ON AG and BNP
Paribas SA paced a retreat by utilities and financial-services
companies, among the most sensitive to higher rates.


Read more at Bloomberg Stocks News

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