European Stocks Decline on Greece; Saab Tumbles
From news.businessweek.com
European stocks fell for the fourth time in five days as the region's finance ministers held back approval of a rescue package for Greece. U.S. index futures and Asian shares also retreated. National Bank of Greece SA declined 5.7 percent. Saab AB plunged 10 percent after fourth-quarter earnings and sales missed analysts' estimates. Barclays Plc erased early losses and advanced 4 percent after raising its cost-cutting target and reducing the bonus pool. Alcatel-Lucent jumped 15 percent after saying adjusted operating margins in will increase in 2012. The Stoxx Europe 600 Index dropped 0.4 percent to 262.47 at 10:29 ...
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