Thursday, June 7, 2007

European Industrial Stocks Fall, Led by Volvo, SKF; Vodafone Gains

(Bloomberg) -- European industrial stocks declined,
led by Volvo AB after JPMorgan Chase & Co. downgraded shares of
Europe's second-largest truckmaker.

SKF AB slid after Morgan Stanley recommended investors
reduce holdings of the world's biggest maker of ball bearings for
cars and planes. Vodafone Group Plc led telecommunications shares
higher after the company received a letter from an activist
investment group calling for a restructuring.


Read more at Bloomberg Stocks News

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