Thursday, June 21, 2007

Australian Stocks Drop for Second Day, Led by Caltex, Brambles Industries

(Bloomberg) -- Australian stocks fell for a second
day, led by Caltex Australia Ltd. after the company's first-half
profit forecast missed some analysts' expectations.

Brambles Industries NV slid after UBS AG cut its rating after
the company yesterday posted disappointing European sales.


Read more at Bloomberg Stocks News

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