Friday, July 27, 2007

European Stocks Advance, Led by Volkswagen on Profit; Nokia, Siemens Gain

(Bloomberg) -- European stocks rose for the first
time in four days after Volkswagen AG, the region's largest
carmaker, reported earnings that exceeded analysts' estimates and
investors speculated this week's sell-off was overdone.

Volkswagen paced gains by automakers. Nokia Oyj, the world's
biggest mobile-phone maker, rallied after a five-day decline, and
Siemens AG, Europe's largest engingeering company, rebounded from
a two-month low.


Read more at Bloomberg Stocks News

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