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Article: Weather cools oil and gasEUROPEMARKETPLACE by Bloomberg
- Article from:
- International Herald Tribune
- Article date:
- February 21, 2007
- Author:
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Adria Cimino
International Herald Tribune
02-21-2007
Energy stocks were the biggest decliners on the Stoxx 600 as warmer weather in Europe and the United States cut demand for heating fuel.But construction companies strengthened against the general trend after Vulcan Materials, the biggest U.S. producer of highway construction materials, said it would acquire Florida Rock Industries for $4.6 billionHanson, the world's largest supplier of crushed rock used in construction, jumped 23 pence, or 2.8 percent, to 835 pence. YIT, the biggest Finnish builder, soared 2.09, or 8.26 percent, to 27.40.The British drug maker Shire added 40 pence, or 3.72 percent, to 1115 pence after agreeing to buy New ...