Tuesday, May 1, 2007

U.K. Stocks Decline, Paced by Punch Taverns, Schroders; BHP Retreats

(Bloomberg) -- U.K. stocks retreated, paced by Punch Taverns Plc, Britain's largest pub landlord by outlets. Schroders Plc fell after a competitor, Aberdeen Asset Management Plc, reported a first-half loss.

BHP Billiton Ltd. led mining companies lower as copper prices declined. Tesco Plc slipped after a newspaper reported that the retailer may make a solo bid for Coles Group Ltd.'s food, liquor and Kmart units.


Read more at Bloomberg Stocks News

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