19 March 2001, 10:28 European stocks end lower
London, March 16 (BridgeNews) - European equities ended a tumultuous
week on a gloomy note, as telecommunication, media and technology stocks
took a battering, dragging all major markets sharply lower. Profit
warnings from U.S.
companies Oracle and Compaq weighed heavily on their European
counterparts.
Merger speculation returned to the German banking sector, but the
companies downplayed the rumors.
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