European Market News: Barclays and BNP Up, European Inflation at 16-Year High, Homebuilders Rise on UBS Funding Plan, ArcelorMittal's New Acquisitions

Barclays Rises to Two-Month High on Confirmation of Share-Sale Talks; BNP Paribas Rises After JPM...  More »

Barclays Rises to Two-Month High on Confirmation of Share-Sale Talks; BNP Paribas Rises After JPMorgan Says Worst of Credit Market Writedowns Now Over; European Inflation Acclerated to Highest in Sixteen Years on Higher Energy and Food Prices; According to Sunday Times, UBS Planning a Private Sale of Shares of Barratt Developments and Taylor Wimpey; ArcelorMittal Paying $869 Million to Increase Stake in Erdemir, Agrees to Buy Bayou Steel for $475 Million  « Less