Tuesday, April 24, 2007

European Stocks Fall, Paced by Danone, Yell on Sales; AstraZeneca Drops

(Bloomberg) -- European stocks dropped for a second day after Groupe Danone SA, the world's largest yogurt maker, reported sales that trailed some analysts' forecasts and Yell Group Plc said U.S. revenue growth will slow.

AstraZeneca Plc fell after the drugmaker said it may borrow $15 billion for an acquisition and ING Wholesale Bank recommended selling the shares. Astroc Mediterraneo SA led a retreat by Spanish property-related companies on concern the country's real-estate market may have peaked.


Read more at Bloomberg Stocks News

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