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News Breaks
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November 19, 2009
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| 12:18 EDT |  | CL |
| theflyonthewall.com: | On The Fly: European Markets Wrap-up | | European stocks fell for a third consecutive day. UNITED KINGDOM: The FTSE was down 74.43, or 1.39%, to 5,267.70... U.K. gross mortgage lending rose to 13.5B pounds in October, a 5% increase from September, said the Council of Mortgage Lenders... Reckitt Benckiser rose 3.7% in London trading after the Telegraph said the company may be close to a merger with Colgate (CL). GERMANY: The DAX was down 85.43, or 1.48%, to 5,702.18... Deutsche Telekom AG agreed to buy Freenet AG’s Strato unit and Strato Rechenzentrum AG for $409M in cash. FRANCE: The CAC was down 67.94, or 1.77%, to 3,760.22... Vivendi SA would like to sell its 20% stake in NBC Universal and has to make a decision in the next three weeks, said CFO Philippe Capron... Groupe Danone fell almost 6% in Paris trading after unexpectedly cutting its sales-growth target, citing "profound" changes in consumer behavior. :theflyonthewall.com |
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