Friday, April 20, 2007

European Stocks Rise on U.S., Asia Rebound; BHP Billiton, SAP Pace Gain

(Bloomberg) -- European stocks advanced for the first time in three days after a rebound in U.S. and Asian equities eased concern about a slump in global equities.

BHP Billiton Ltd. and Rio Tinto Group gained after copper prices rose in London. SAP AG climbed as the software maker reported higher earnings. Alliance Boots Plc advanced after Kohlberg Kravis Roberts & Co. and Italian billionaire Stefano Pessina raised their bid for the pharmacy company.


Read more at Bloomberg Stocks News

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