Thursday, 04 August 2011 04:07

European Stocks Drop Most Since March on Concern U.S. Growth Is Faltering

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European Stocks Drop Most Since March on Concern U.S. Growth Is Faltering

"Societe Generale SA, France’s second-largest bank, tumbled 9 percent after the company reported second-quarter results that missed analysts’ estimates. Cairn Energy Plc (CNE) fell 5.1 after abandoning an oil well off Greenland. UPM-Kymmene Oyj (UPM1V) slumped 9.3 percent, its biggest decline in eight years."

READ THE FULL BLOOMBERG.COM ARTICLE HERE

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