government couldhinder EMC Corp’s (EMC.N) $1.8 billion bid for Data Domain IncDDUP.O as antitrust regulators are expected to scrutinize itmore closely than a competing offer by NetApp Inc (NTAP.O). While by far the bigger company, EMC is in a moreprecarious antitrust position than its smaller rival becauseEMC is the largest player in the market for so-called datareduction technology in which Data Domain specializes Both bids are being reviewed by the U.S. It’s typical tosee a maturing rally moving sideways at some point.” European stocks were tracking losses on most Asian boursesand on Wall Street, where mixed economic data fuelled worriesover a speedy economic turnaround. Oil majors were on the downside as oil CLc1 fell below $70a barrel. BP (BP.L) shed 2.3 percent, Total (TOTF.PA) dropped1.9 percent and Repsol (REP.MC) shed 2.8 percent. Banks also lost ground, with Barclays (BARC.L) down 2.3percent, BBVA (BBVA.MC) down 1.8 percent and UniCredit (CRDI.MI)down 2.3 percent. Sectors seen as defensive eked out gains, with Vodafone(VOD.L) up 2 percent, Sanofi Aventis (SASY.PA) up 1.9 percent,Deutsche Telekom (DTEGn.DE) up 1.6 percent and Carrefour(CARR.PA) up 1.5 percent.

“In a maturing rally, you often see a period wheredefensives outperform the market, like we have seen in 2003,”Kreckel said.”Betting on the star performers of the first three months ofthe rally is not necessarily the best way forward. Investorsshould rather focus on the laggards among cyclicals and bet onsome individual defensives.” Around Europe, the UK’s FTSE 100 index .FTSE was down 0.7percent, Germany’s DAX index .GDAXI down 0.8 percent andFrance’s CAC 40 .FCHI down 0.7 percent. Spanish power firm Iberdrola (IBE.MC) tumbled 5.4 percentafter the company surprised investors late on Tuesday with plansto issue and sell at least 1.25 billion euros of shares toinstitutions. Adecco (ADEN.VX) shed 3.9 percent after the group’s financechief was quoted as saying global staffing market conditionswere likely to remain tough in 2009 and 2010. Among the few stocks on the upside, Italian jeweller Bulgari(BULG.MI) rose 0.7 percent after Exane BNP Paribas upgraded thestock to “outperform” and lifted its target price to 4.7 eurosfrom 2.7 euros. (Editing by Jon Loades-Carter) Stocks European Markets France Italy.

LONDON–(Business Wire)–ATG (Art Technology Group, Inc., NASDAQ: ARTG), the premier provider ofe-commerce solutions, today announced Public stores will deploy the ATG CommerceSuite to launch their online shop in Greece and Cyprus. The solution will enable Public stores to offer full-capability, personalisedonline stores, following their impressive physical store growth. ATG and partnerConexus will implement a comprehensive e-commerce solution, includingintegration with Public`s back office systems. Public`s goal is to provide itscustomers with a rich, personalised online interactive experience on their Greeklanguage site, and a vast range of media and electronic products and servicesthat can be purchased online. “We want to offer our customers a state-of-the-art online interactiveexperience, where they can find the products and the services that they want viabest-in-class personalisation technology, while also providing merchandising andcampaign features that enable us to cater to each customer`s specific needs”explains Robby Bourlas, Public Managing Director.