Wednesday, May 9, 2007

U.K. Mining Shares Rise, Led by Rio Tinto, BHP Billiton; Sage Group Drops

(Bloomberg) -- U.K. mining stocks advanced, led by Rio Tinto Group on speculation BHP Billiton Ltd. may make an offer for the company. The shares rose to a record.

Sage Group Plc paced declining shares after the software publishing company reported a drop in earnings. Prudential Plc slid after JPMorgan Cazenove lowered its recommendation for Britain's second-biggest insurer. Shares of DSG International Plc rose after Morgan Stanley upgraded the stock.


Read more at Bloomberg Stocks News

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