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European Averages Lose Ground On Telecom Stocks |
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8:26 AM EST January 12 2006 |
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European stocks were mostly lower at mid-day trading on weak telecom stocks, hurt by warning from France Telecom of worse-than-expected sales growth in 2006. the German DAX 30 fell 0.1%, the CAC 40 slipped 0.2%, while London’s FTSE 100 gained 0.1% on oil stocks, rising on the back of higher crude oil. |
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