On the Move: Arcelor-Mittal, Infineon, ENI
Plus: Premier Foods, VW, Numico, and other European stocks in the news Monday
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UK
TAYLOR NELSON was up £0.03 to £2.45... Panmure ups target to £3 from £2.80, keeps buy. The company says 'over 5%' like-for-like revenue growth is ahead of expectations, even against a weak first half06. Adds that there is scope to raise estimates, confidence in US/UK turnaround underpinned. Remains broker's core pick within UK media. The company says underlying revenue growth for first half 2007 is expected to be over 5% and has seen good performance across rest of group. Is confident in its outlook for the year and expects to achieve improvement in both underlying revenue growth and adjusted operating margin in 2007.