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European Stocks Fall, Led by Rio; E.ON Declines on Rate Concern


European stocks fell, led by mining shares after Rio Tinto Group damped speculation of takeovers in the industry and copper declined for a third day.
“We’re getting into a stage where there’s a lot of noise” about potential bids, said Sailesh Bhundia, who helps manage $2.4 billion at EFG Asset Management in London. Investors have to [...]

Uranium now a hot commodity


Uranium is the energy investment of choice for a growing number of hedge funds, which claim a sixfold gain since 2001 is just the beginning of a rally that will last years.
“We’re in a historic uranium shortage,” said James Passin, who manages $580 million at New York-based Firebird Management and began buying shares of uranium [...]