Wednesday, May 16, 2007

European Stocks Decline, Led by Nestle, SAP, EasyJet; Vivendi Shares Gain

(Bloomberg) -- European stocks declined, led by Nestle SA and other companies dependent on the U.S. for sales, on concern the world's biggest economy is slowing.

Credit Agricole SA had the biggest drop in seven months after earnings at France's second-biggest bank missed analysts' estimates. Air France-KLM Group and EasyJet Plc paced a drop in airlines as analysts cut recommendations on the shares.


Read more at Bloomberg Stocks News

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