Tuesday, June 5, 2007

European Stocks May Drop on Rate Concern; BNP Paribas, ING Might Slide

(Bloomberg) -- European stocks may decline for a
third day on expectations the European Central Bank will raise
interest rates today and signal further increases.

U.S.-traded securities of BNP Paribas SA, France's biggest
bank by value, and ING Groep NV, the largest Dutch financial-
services firm, dropped. Veolia Environnement SA, the world's
largest water company, also fell in the U.S.


Read more at Bloomberg Stocks News

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