Wednesday, 16 May 2007

Stock Investors Are Most Optimistic on Earnings in a Year, Merrill Says

(Bloomberg) -- Investors this month were the most optimistic on earnings in a year after companies reported profit that topped analysts' estimates and the outlook for economic growth improved, a Merrill Lynch & Co. survey showed.

Money managers were the most ``overweight'' European stocks since 2000, according to 201 respondents who together manage $586 billion. An overweight holding indicates investors own more of the shares than are represented in benchmarks.


Read more at Bloomberg Stocks News

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