Allianz, Grupo Ferrovial, Thales: European Equity Preview

By Nadja Brandt

Feb. 27 (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 added 2.2 percent to 176.14. Dow Jones Stoxx 50 Index climbed 2.4 percent to 1,811.34. The Euro Stoxx 50 Index, a benchmark for the nations using the euro, decreased 2.8 percent to 2,021.14.

Acciona SA (ANA SM): The Spanish builder will report yearly earnings before the market opens. Shares climbed 2.35 euros, or 3.1 percent, to 79 euros.

Allianz SE (ALV GY): Europe’s biggest insurer by market value plans to hold its analyst day. Chief Executive Officer Michael Diekmann said the insurer remains “financially stable.” The shares increased 12 percent to 55.25 euros.

Daimler AG (DAI GY): The world’s second-largest maker of luxury cars plans to release its annual report. The shares added 2.7 percent to 18.90 euros.

Deutsche Telekom AG (DTE GY): Europe’s biggest telephone company plans to report fourth-quarter results. The company may report a profit after a net loss a year earlier, when it had one- time costs to cut jobs, according to analysts surveyed by Bloomberg News.

Separately, the company named Timotheus Hoettges as finance chief and said it will combine its German fixed-line and mobile- phone divisions. The shares advanced 4.6 percent to 9.48 euros.

Energie Baden-Wuerttemberg AG (EBK GY): Germany’s third- largest utility plans to report final full-year results. The company in February said net income fell 36 percent last year to 872 million euros ($1.1 billion). The shares fell 0.3 percent to 35.40 euros.

Grupo Ferrovial SA (FER SM): The Spanish builder that spent $20 billion buying BAA Plc is slated to report 2008 earnings before the market opens in Madrid. Shares climbed 72 cents, or 3.8 percent, to 19.92 euros.

Iberia Lineas Aereas de Espana SA (IBLA SM): The Spanish carrier that’s studying a merger with British Airways Plc will report 2008 earnings before the market opens. Shares fell 4 cents, or 2.1 percent, to 1.87 euros.

Kudelski SA (KUD VX): The world’s largest maker of security cards for pay television operator reports 2008 earnings. The shares climbed 6.4 percent to 10.46 euros.

Sacyr Vallehermoso SA (SYV SM): The builder will report yearly earnings tomorrow. Shares climbed 31 cents, or 5.8 percent, to 5.68 euros.

Telecom Italia SpA (TIT IM): Italy’s largest phone company is scheduled to report 2008 results. Telecom Italia may say net income declined 11 percent to 2.17 billion euros, according to the average analyst estimate compiled by Bloomberg News. The shares increased 8.1 percent to 96 euro cents.

Thales SA (HO FP): Europe’s largest defense-electronics maker said 2008 profit fell 35 percent after the year-earlier figure was boosted by gains from asset sales. The company forecast 2009 revenue may rise as much as 5 percent. The shares climbed 0.4 percent to 30.61 euros.

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