Europe Markets: Stocks in Europe mixed as commodity firms fall

marketwatch.com     Jul 24, 2008            

Credit Suisse tops forecasts; Kingfisher, PPR rise By Steve Goldstein, MarketWatch LONDON (MarketWatch) -- Europe stocks struggled to push higher on Thursday, with updates from Swiss bank Credit Suisse Group, French automaker Renault and British retailer Kingfisher prompting rallies from those previously out-of-favor firms, but the oil and metals sector facing selling pressure amid a week-long retreat from commodities. The pan-European Dow Jones Stoxx 600 slipped 0.3% to 286.04, with the benchmark down nearly 22% this year. There were some strong performers. Credit Suisse shares climbed 5.3% as the group's 62% profit fall during the second quarter still beat analyst estimates after taking a net write-down of just 22 million Swiss francs. Shares of telephone directories publisher Yell Group shares added 10% and PPR , the owner... [read full story]                    


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