Monday, May 21, 2007

European Stocks Advance, Paced by BHP Billiton, BP; Elan Shares Climb

(Bloomberg) -- European stocks climbed for a third
day, paced by BHP Billiton Ltd., Xstrata Plc and BP Plc, after
metal and oil prices advanced.

Elan Corp. surged after Ireland's biggest drugmaker said its
experimental Alzheimer's medicine will move into the last stage
of testing. Societe Generale, Axa SA, and STMicroelectronics NV
weighed on indexes as the shares traded without the right to
their latest dividend.


Read more at Bloomberg Stocks News

No comments: