(Bloomberg) -- German stocks advanced for a second
day, led by Deutsche Telekom AG rose as investors speculated the
company may consider selling its U.S. mobile phone unit.
Allianz SE, Europe's largest insurer, gained after Goldman,
Sachs & Co. added the stock to its ``conviction buy'' list and
to its ``Pan-Europe buy'' list. SAP AG rose on speculation that
U.S. competitor Oracle Corp. bought a 12 percent stake in the
world's largest maker of business-management software,
Read more at Bloomberg Stocks News
day, led by Deutsche Telekom AG rose as investors speculated the
company may consider selling its U.S. mobile phone unit.
Allianz SE, Europe's largest insurer, gained after Goldman,
Sachs & Co. added the stock to its ``conviction buy'' list and
to its ``Pan-Europe buy'' list. SAP AG rose on speculation that
U.S. competitor Oracle Corp. bought a 12 percent stake in the
world's largest maker of business-management software,
Read more at Bloomberg Stocks News
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