Tuesday, 15 May 2007

European Stocks Rebound After U.S. Prices Report; Daimler, Reuters Climb

(Bloomberg) -- European stocks recovered losses after a report showed prices paid by U.S. consumers rose less than forecast in April, suggesting inflation may be abating in the world's biggest economy.

DaimlerChrysler AG rallied after earnings at the carmaker exceeded analysts' expectations. Reuters Group Plc and Hanson Plc advanced after agreeing to be bought.


Read more at Bloomberg Stocks News

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