Monday, May 7, 2007

European Energy Stocks Decline; ABN Amro Retreats, Reed Elsevier Advances

(Bloomberg) -- European energy stocks declined, led by Royal Dutch Shell NV and Total SA, as oil prices traded near a two-week low.

ABN Amro Holding NV fell after rejecting an offer from a Royal Bank of Scotland Group Plc-led group for its LaSalle Bank unit. Reed Elsevier NA led media companies higher following the sale of its Harcourt businesses to Pearson Plc for $950 billion.


Read more at Bloomberg Stocks News

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