Thursday, July 5, 2007

Italian Stocks Fall on Rate Concerns, Paced by Intesa Sanpaolo, Alitalia

(Bloomberg) -- Italian stocks fell for the first day
in six, led by Intesa Sanpaolo SpA, Italy's second-biggest bank,
on concerns interest rates will keep rising.

Alitalia SpA declined after Il Sole reported that some of
the banks funding Air One's bid for the national carrier may
drop out of the group.


Read more at Bloomberg Stocks News

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