Wednesday, July 25, 2007

European Stocks May Rise; ABB, Pernod Ricard May Gain on Earnings, Outlook

(Bloomberg) -- European stocks may advance for the
first time in three days after ABB Ltd., the world's largest builder
of electricity networks, and Apple Inc. of the U.S. reported
earnings and sales that were higher than analysts estimated.

Pernod Ricard SA will probably gain after the world's
second-largest liquor company said annual profit will top
analysts' expectations. Royal Dutch Shell Plc, Europe's biggest
oil company by market value, and European Aeronautic Defence &
Space Co., parent of planemaker Airbus SAS, also reported better-
than-expected profit.


Read more at Bloomberg Stocks News

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