MARKETS-STOCKSNEWS-EUROPE (11)
07:35GMT 21July2008-Postbank top DAX loser as D.Post says in no rush to sell
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Shares in Postbank (DPBGn.DE) fall 2.8 percent, the top losers in Frankfurt's DAX index .GDAXI, after the chief financial officer of the German retail bank's main owner, mail and logistics group Deutsche Post (DPWGn.DE), is quoted as saying Post is in no rush to sell its stake, traders say.
"Post seems to have no pressing need to sell Postbank," JPMorgan says in a research note. Many analysts say Postbank's share price has contained a significant takeover premium. For more double click on [ID:nL19301036]
Reuters Messaging rm://peter.starck.reuters.com@reuters.net
07:35GMT 21July2008-Wolters Kluwer shares drop on lower outlook
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Shares in Dutch publisher Wolters Kluwer (WLSNc.AS) drop 6 percent, erasing gains of the past two trading days, after the company cuts its 2008 revenue growth outlook.
"Weak market conditions in the financial sector do not surprise ... however we assumed this could be compensated by strong sales in tax accounting & legal and legal, tax & regulatory Europe," SNS Securities analysts say in a note.
Reuters Messaging rm://niclas.mika.reuters.com@reuters.net
07:35GMT 21July2008-Stocks snap 3-day rally; Roche sags after bid
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European stocks fall in early trade, snapping a three-session recovery, but gains in the mining sector help cushion the fall. The FTSEurofirst 300 .FTEU3 index of top European shares is down 0.9 percent at 1,154.12 points.
Swiss drugmaker Roche (ROG.VX) fell 3.1 percent after offering to acquire all outstanding shares in its U.S. partner Genentech Inc DNA.N for $43.7 billion.
For more double click on [.EU] Continued...



