Tuesday, July 24, 2007

European Stocks May Drop; Volvo, Hermes, Northern Rock May Fall on Results

(Bloomberg) -- European stocks may fall after Volvo
AB, the world's second-largest truckmaker, reported earnings that
missed analysts' estimates and Hermes International SCA said full-
year revenue growth will be at the low end of its forecast range.

Northern Rock Plc may drop after the bank reported first-
half profit that missed analysts' estimates. Atos Origin SA may
also slide after Deutsche Bank AG recommended selling shares in
France's second-largest computer services company.
GlaxoSmithKline Plc may be active before its second-quarter
earnings report.


Read more at Bloomberg Stocks News

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