Wednesday, July 25, 2007

European Stocks Decline, Led by Volvo, Randstad; GPC Biotech Tumbles

(Bloomberg) -- European stocks fell after Volvo AB,
the world's second-largest truckmaker, reported earnings that
missed analysts' estimates and Dutch staffing company Randstad
Holding NV said it's ``cautious'' for the third quarter.

Volvo dropped the most in more than two months, while
Randstad, which also fell short of analysts' expectations, headed
for its biggest decline in almost six years. Hermes International
SCA dropped after saying full-year revenue growth will be at the
low end of its forecast range.


Read more at Bloomberg Stocks News

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