(Bloomberg) -- European stocks fell after Tesco Plc,
the U.K.'s largest supermarket operator, predicted a ``tougher
year'' because of higher interest rates and increased
competition. Marks & Spencer Plc and Carrefour SA declined.
Ryanair Holdings Plc led airlines lower after Europe's
largest low-cost carrier forecast a ``big downturn'' for its
industry. Sanofi-Aventis SA jumped after winning a court ruling
to uphold a patent for its blood-thinning drug. Thales SA rose
the most in three months as the defense company was shortlisted
for a $2.7 billion contract from the U.S. Navy.
Read more at Bloomberg Stocks News
the U.K.'s largest supermarket operator, predicted a ``tougher
year'' because of higher interest rates and increased
competition. Marks & Spencer Plc and Carrefour SA declined.
Ryanair Holdings Plc led airlines lower after Europe's
largest low-cost carrier forecast a ``big downturn'' for its
industry. Sanofi-Aventis SA jumped after winning a court ruling
to uphold a patent for its blood-thinning drug. Thales SA rose
the most in three months as the defense company was shortlisted
for a $2.7 billion contract from the U.S. Navy.
Read more at Bloomberg Stocks News
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