Thursday, July 19, 2007

European Stocks Advance; SAP, Roche, Vodafone, Actelion Lead the Gains

(Bloomberg) -- European stocks rose for the first
time in three days after profit from SAP AG and Roche Holding AG
beat analysts' estimates.

SAP and Roche joined Novartis AG among members of the Dow
Jones Stoxx 50 Index to report better-than-expected earnings so
far in this earnings season. Vodafone Group Plc gained after the
mobile-phone company said it added more subscribers than analysts
anticipated. Actelion Ltd. rallied the most in two years after
the biotechnology company said net income almost doubled.


Read more at Bloomberg Stocks News

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