Thursday, May 3, 2007

U.K. FTSE 100 Gains, Led by Unilever, Shell; Barclays Jumps on ABN Ruling

(Bloomberg) -- U.K. stocks advanced after earnings from Unilever Plc and Royal Dutch Shell Plc beat analysts' estimates.

Barclays Plc climbed after a Dutch Judge blocked the sale of ABN Amro Holding NV's U.S. unit to Bank of America Corp. Prudential Plc rallied after a newspaper reported that a major shareholder said a breakup of the insurer has merit. Hammerson Plc jumped as the company said it would only consider a takeover offer that fully reflected the value of its assets


Read more at Bloomberg Stocks News

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