(Bloomberg) -- European stocks declined for a third
day after disappointing earnings from Legal & General Group Plc,
Britain's third-biggest insurer, and Thomson SA of France
reignited concern profit growth is slowing.
Legal & General fell the most in four years after the
company said flood claims and a drop in new-business profit held
back first-half earnings. Prudential Plc, the U.K.'s second-
biggest insurer, also slid. Thomson, which processed the film for
``Shrek the Third,'' had its biggest slide since February 2006
after the company's cameras unit posted an unexpected loss.
Read more at Bloomberg Stocks News
day after disappointing earnings from Legal & General Group Plc,
Britain's third-biggest insurer, and Thomson SA of France
reignited concern profit growth is slowing.
Legal & General fell the most in four years after the
company said flood claims and a drop in new-business profit held
back first-half earnings. Prudential Plc, the U.K.'s second-
biggest insurer, also slid. Thomson, which processed the film for
``Shrek the Third,'' had its biggest slide since February 2006
after the company's cameras unit posted an unexpected loss.
Read more at Bloomberg Stocks News
No comments:
Post a Comment