(Bloomberg) -- European stocks advanced on takeover
speculation in the telecommunications industry and as brokerages
advised investors to buy insurers and mining companies.
Vodafone Group Plc climbed after the Wall Street Journal
said the mobile-phone company could be worth more split into
parts, fueling speculation it may be taken over. Standard Life
Plc and Old Mutual Plc gained after Merrill Lynch raised its
recommendation on both shares. Mining stocks rose after Xstrata
Plc said it's prepared to make an acquisition and Citigroup Inc.
raised its recommendation on BHP Billiton's shares.
Read more at Bloomberg Stocks News
speculation in the telecommunications industry and as brokerages
advised investors to buy insurers and mining companies.
Vodafone Group Plc climbed after the Wall Street Journal
said the mobile-phone company could be worth more split into
parts, fueling speculation it may be taken over. Standard Life
Plc and Old Mutual Plc gained after Merrill Lynch raised its
recommendation on both shares. Mining stocks rose after Xstrata
Plc said it's prepared to make an acquisition and Citigroup Inc.
raised its recommendation on BHP Billiton's shares.
Read more at Bloomberg Stocks News
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