Thursday, 21 June 2007

European Stocks May Rise; Credit Suisse, HSBC, Pearson Might Pace Advance

(Bloomberg) -- European stocks may advance following
a rebound in U.S. stocks yesterday. Credit Suisse Group, the
second-biggest Swiss bank, and HSBC Holdings Plc, Europe's
largest bank, may rise after their U.S.-traded securities gained.

Shares of Pearson Plc will probably gain after the publisher
abandoned a possible bid for Dow Jones & Co. Arcelor Mittal will
likely increase after UBS AG raised its estimate for the share
price on prospects for cash returns and further mergers and
acquisitions.


Read more at Bloomberg Stocks News

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