(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 the industry.
Invensys Plc gained after Citigroup Inc. recommended buying the
stock on prospects for higher profitability. Thales SA rose the
most in three months after 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 the industry.
Invensys Plc gained after Citigroup Inc. recommended buying the
stock on prospects for higher profitability. Thales SA rose the
most in three months after 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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