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 Stocks
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09 Feb 06 12:37
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Euro stocks on the rebound
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Adria Cimino ,bloomberg
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European stocks rebounded from a two- day decline after BG Group Plc reported earnings that beat analysts' estimates and Unilever said it plans to sell a unit.
``Earnings confirm that companies have made a big effort in all areas,'' said Michele Giovannetti, a fund manager at Montpensier Finance in Paris, which oversees $1.2 billion.
``Stocks should continue to gain. Analysts have been too cautious'' about profit growth. Energy companies including Total SA and Saipem SpA gained as oil...
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