European Stocks Rebound Amid Deal Enthusiasm

Mergers and acquisitions excitement makes for interesting trading in Europe, where indices are on the rebound. France?s Alstom is rumored to be the target of General Electric?s biggest ever takeover deal, while Telekom Austria rises on a confirmed $2 billion bid from Carlos Slim?s America Movil. And in London mildly disappointing first-quarter results at AstraZeneca fail to dent expectations that its drugs pipeline will attract a new approach from rumored suitor Pfizer or another bidder.