European markets, bad day for TLC
You close a black day for European markets overwhelmed by the ordeal of TLC. The news of the abandonment of the joint venture with KPN by Hutchison Whampoa and the lowering of the rating by dellla ‘S & P on the major telecom (such as BT and DT) have sharply lower stock prices. The rumors about a possible merger between AT & T and British Telecom is not in fact succeeded in rientusiamare investors preuccupati actual profitability of UMTS licenses. Even the titles of oil well after yet another rise in the price of oil. Dax closed in the fall of -0.5% and the CAC A-0, 6%, while London runs counter to +0.2% thanks to the rise of BT marks +3% on speculation of the merger.
