(Bloomberg) -- European mining stocks rose for a
second day, led by BHP Billiton Ltd. and Xstrata Plc, on takeover
speculation after Rio Tinto Group agreed to buy Canada's Alcan
Inc. for $38.1 billion.
Royal Dutch Shell Plc limited gains after UBS AG lowered its
recommendation for the shares. Alstom SA jumped after the world's
third-biggest maker of power plants said fiscal first-quarter
sales rose 27 percent, driven by increased investment in
electricity grids.
Read more at Bloomberg Stocks News
second day, led by BHP Billiton Ltd. and Xstrata Plc, on takeover
speculation after Rio Tinto Group agreed to buy Canada's Alcan
Inc. for $38.1 billion.
Royal Dutch Shell Plc limited gains after UBS AG lowered its
recommendation for the shares. Alstom SA jumped after the world's
third-biggest maker of power plants said fiscal first-quarter
sales rose 27 percent, driven by increased investment in
electricity grids.
Read more at Bloomberg Stocks News
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