STOCKS NEWS EUROPE-Adecco rises on upbeat outlook

Thu Nov 5, 2009 8:40am GMT
 
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Shares in Adecco (ADEN.VX), the world's largest staffing company, climb 3.9 percent, outperforming a 0.8-percent fall in the Swiss blue chip index .SSMI, after it reports better-than-expected third quarter results and .

"Results clearly above consensus and competition. (Investors can) benefit from the recent share price weakness," says Kepler analyst Fabian Baumann in a research note, reiterating a "buy" rating on the stock.

Rival Michael Page (MPI.L) is up 1 percent. For more double click on [ID:nL5347977]

Reuters Messaging rm://martin.desapinto.reuters.com@reuters.net

 

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