Wednesday, June 13, 2007

European Stocks May Rise; Daimler, BHP Billiton, Rio Tinto May Advance

(Bloomberg) -- European stocks may advance for a
second day, led by exporters and mining companies, after the
Federal Reserve said the world's largest economy is growing without
spurring inflation and copper prices gained in Asia.

DaimlerChysler AG and Barclays Plc will probably advance after
their U.S.-traded securities ended higher than the close in Europe.
BHP Billiton Ltd., the world's biggest mining company, and Rio Tinto
Group gained in Australia. GlaxoSmithKline Plc, the world's second-
largest drugmaker, may be active after a report about increasing
shareholder pressure to sell the consumer healthcare division.


Read more at Bloomberg Stocks News

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