Tuesday, July 3, 2007

European Phone Stocks May Rise on Upgrade; Adecco, Vedior Might Decline

(Bloomberg) -- European telecommunications stocks may
gain, led by Deutsche Telekom AG after Credit Suisse Group raised
its recommendation for the industry to ``overweight.''

Bayerische Motoren Werke AG may lead advances by auto shares
after reporting higher U.S. sales in June. BHP Billiton Ltd. may
rise after the world's largest mining company announced the
approval of its $1.7 billion Pyrenees oil field.


Read more at Bloomberg Stocks News

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