Wednesday, May 16, 2007

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

(Bloomberg) -- European stocks declined on speculation demand will slow from the U.S., the region's biggest trading partner.

Roche Holding AG and SAP AG led a drop by companies most dependent on the U.S. for sales. EasyJet Plc slumped after Goldman, Sachs & Co. recommended selling shares of the region's second-largest low cost airline. Vivendi SA limited losses after reporting an increase in first-quarter profit.


Read more at Bloomberg Stocks News

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