Axis, Gaz de France, Mobistar, Peugeot: European Equity Preview

By Nadja Brandt

July 8 (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 climbed 1.3 percent to 283.17. The Dow Jones Stoxx 50 Index added 1.1 percent to 2,869. The Euro Stoxx 50 Index, a benchmark for the nations using the euro, increased 1.8 percent to 3,332.66.

Axis Communications AB (AXIS SS): The Swedish maker of surveillance equipment may say second-quarter net income was 65.2 million kronor ($11 million) on sales of 504.8 million kronor, the average analyst estimates compiled by Bloomberg. The stock gained 9.4 percent to 70 kronor.

Gaz de France SA (GAZ FP): The operator of Europe's largest natural-gas network said it plans a storage joint venture with Gas Plus in Italy. The shares rose 1.9 euros, or 4.9 percent, to 40.81 euros.

Mobistar SA (MOBB BB): Belgium's second-largest mobile-phone operator is scheduled to announce the date of the introduction of Apple Inc.'s (AAPL US) iPhone in the country at a 3 p.m. press conference that was postponed from July 4. Mobistar rose 1.34 euros, or 2.7 percent, to 51.11.

PSA Peugeot Citroen (UG FP): Europe's second-largest carmaker reports first-half sales before the market opens in Paris. The shares dropped 20 cents, or 0.6 percent, to 31.95 euros.

Royal Dutch Shell Plc (RDSA NA): Chief Financial Officer Peter Voser dropped out of the race to replace Chief Executive Officer Jeroen van der Veer because he may take a senior post at UBS AG (UBSN VX), Dow Jones Newswires reported in an article on the Wall Street Journal Web site, citing people familiar with the matter. Shell climbed 76.5 cents, or 3.1 percent, to 25.64 euros in Amsterdam.

Valeo SA (FR FP): France's second-largest car-parts maker won a contract from PSA Peugeot Citroen to equip more than one million vehicles with its Stop-Start technology by 2011. The shares gained 45 cents, or 2.3 percent, to 19.67 euros.

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