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European Markets End At A Three-Month High |
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1:15 PM EDT September 01 2006 |
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European markets finished at a three-month high on Friday, supported by well received U.S. job-creation data that helped ease interest-rate fears and corporate news from French drug maker Sanofi-Aventis. The company’s stock rose 0.9% after it won a ruling from a U.S. judge blocking sales of a generic version of Plavix. The ruling outweighed news that the company had cut its 2006 earnings forecast. Resources and financial companies also provided support. Regional gainers were ked by London FTSE 100 with an advance of 0.7%, followed by the French CAC 40, up 0.4%, and the German DAX 300, up 0.3%. |
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