News Burst: QXL in AOL Germany pact

QXL.com (QXL: quote ) shares climbed 17 percent Tuesday after the company announced an agreement with AOL Germany, which could give it access to more than one million AOL users there. The online-auctions group also announced solid earnings in its first interim results. QXL is one of the UK's pioneering public Internet companies, along with such companies as ISP Freeserve and e-commerce company eXchange Holdings.

In mid-morning trading QXL shares were up a further 14 to about 347p after positive comments in the Financial Times' influential Lex column.

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