Author: Elena Todorova
123jump.com
Last Update: 1:15 PM EDT May 15 2007
European stock markets gained ground on Tuesday, boosted by in-line-with-expectations U.S. core inflation data. The upward move was also contributed by deal-related and earninga gains. Reuters rose 3.4% after it agreed to back a $17.2 billion takeover from Thomson Corp. Building-materials supplier Hanson rose 4.7% as Germany''s HeidelbergCement agreed to pay 8 billion for it. The U.K.''s FTSE 100 added 0.2%, the German DAX Xetra 30 rose 0.6%, and the French CAC-40 advanced 0.4%.
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