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Earnings at Sanofi and Orders at Siemens Up |
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Author: 123jump.com Staff
123jump.com
Last Update: 6:01 PM EDT April 30 2008
Stocks in Europe rose despite a fall in consumer sentiment. The index declined for the eleventh month in a row on rising commodities prices and worries related to strong euro. German cabinet office approved the sale of 24.9% in Deutsche Bahn. On the earnings front, Siemens earnings fell nearly 70% on 0.5% rise in revenue. Alcatel widened its quarterly loss on higher restructuring charge. Sanofi-Aventis reported earnings rise of 12% to 1.9 billion on revenue loss of 3.3%. |
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