Air Liquide, BMW, Credit Agricole, SEB: European Equity Preview

By Nadja Brandt

July 16 (Bloomberg) -- The following companies may have unusual price changes in European trading. Stock symbols are in parentheses, and share prices are from the previous close.

The Dow Jones Stoxx 600 fell 2.2 percent to 266.51. The Dow Jones Stoxx 50 Index dropped 2.2 percent to 2,710.85. The Euro Stoxx 50 Index, a benchmark for the nations using the euro, decreased 2.3 percent to 3,142.73.

Air Liquide SA (AI FP): The world's largest maker of industrial gases bought Pure Helium to expand in the Middle East and said it plans to invest $1 billion in the Persian Gulf region over the next five years. The shares rose 6 cents to 81.22 euros.

Alstom SA (ALO FP): The world's third-largest power-plant builder reports first-quarter sales before the market opens in Paris. The company may say revenue rose 13 percent to 4.57 billion euros ($7.26 billion), according to the median of seven analyst estimates, on a record backlog of power and train orders. The shares gained 3 cents to 66.10 euros.

Autogrill SpA (AGL IM): The world's biggest manager of airport restaurants presents its strategy to investors in London. The shares slipped 3 cents, or 0.4 percent, to 7.11 euros.

Bayerische Motoren Werke AG (BMW GY): The ACEA European Automobile Manufacturers Association plans to release June car sales figures. BMW fell 51 cents, or 1.8 percent, to 27.71 euros.

Daimler AG (DAI GY) declined 1.16 euros, or 3.1 percent, to 36.38 euros. Porsche AG (POR3 GY) dropped 2.83 euros, or 3.3 percent, to 84.32 euros. Volkswagen AG (VOW GY) increased 3.98 euros, or 2.3 percent, to 174.23 euros.

Cie. Financiere Richemont SA (CFR VX): The world's largest jewelry maker may say first-quarter sales rose 8.7 percent to 1.38 billion euros in the three months through June, based on the median estimate of 14 analysts surveyed by Bloomberg. The shares fell 60 centimes, or 1.1 percent, to 53.4 francs.

Continental AG (CON GY): Europe's second-biggest tire company may continue to be active after receiving an 11.2 billion euro takeover approach from ball-bearing maker Schaeffler Group that would create the world's No. 1 car-parts supplier. The shares climbed 7.62 euros, or 12 percent, to 73.42 euros.

Credit Agricole SA (ACA FP): France's third-biggest bank by market value said its board backs Chief Executive Officer Georges Pauget, following record losses tied to U.S. subprime mortgages. The shares fell 46 cents, or 3.9 percent, to 11.40 euros.

Medigene AG (MDG GY): The biotechnology company that stopped a clinical trial last week after a patient died plans to hold its annual shareholders' meeting. The shares rose 18 cents, or 3.7 percent, to 4.99 euros.

SEB AB (SEBA SS): Scandinavia's third-biggest bank will probably report a second-quarter profit of 2.72 billion kronor ($460 million), the mean analyst prediction. SEB retreated 1 percent to 103.75 kronor.

SGS SA (SGSN VX): The world's biggest goods inspector may say profit rose 14 percent in the first half to 267 million Swiss francs ($266 million), according to the median of eight estimates compiled by Bloomberg. The shares fell 8 francs, or 0.6 percent, to 1378 francs.

To contact the reporter on this story: Nadja Brandt in Los Angeles at nbrandt@bloomberg.net.