By Nadja Brandt
May 13 (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 0.2 percent to 206.18. The Dow Jones Stoxx 50 Index was little changed at 2,090.60. The Euro Stoxx 50 Index, a benchmark for the nations using the euro, declined 0.4 percent to 2,424.34.
Acciona SA (ANA SM): The Madrid-based builder is scheduled to report first-quarter earnings before markets open. The shares rose 2.95 euros, or 3.7 percent, to 83.70 euros.
Adecco SA (ADEN VX): The world’s largest supplier of temporary workers holds a shareholder meeting. Shares fell 96 centimes, or 2.1 percent, to 44.8 francs.
Air France-KLM Group (AF FP): Europe’s largest airline reported a 2.8 percent drop in passenger traffic for April, while cargo traffic fell 6.4 percent. The shares lost 6.5 cents, or 0.7 percent, to 9.97 euros.
Allianz SE (ALV GY): Europe’s biggest insurer plans to report final first-quarter results. The company in April said first-quarter operating profit fell 41 percent, hurt by the financial crisis and natural disasters, citing preliminary figures. The shares fell 0.4 percent to 75.61 euros.
Assicurazioni Generali SpA (G IM): Europe’s third-biggest insurer plans to report first-quarter earnings. The insurer may say profit fell 89 percent to 100 million euros ($135 million) on writedowns caused by global market turbulence and weaker life insurance sales, according to the median estimate of 10 analysts surveyed by Bloomberg. The shares rose 1.4 percent to 16.93 euros.
Bouygues SA (EN FP): The world’s second-biggest construction company reports first-quarter revenue after the market close in Paris. The shares dropped 89 cents, or 2.7 percent, to 31.91 euros.
Bulgari SpA (BUL IM): The world’s third-largest jeweler reported after markets closed that it had a first-quarter loss of 29.3 million euros compared with net income of 22.8 million euros a year earlier. That was worse than the median estimate of five analysts surveyed by Bloomberg of a loss of 7 million euros. Sales fell 23 percent to 178.1 million euros, missing the median estimate of 212 million euros. The stock fell 2.4 percent to 4.15 euros.
CNP Assurances SA (CNP FP): France’s biggest life insurer reports first-quarter revenue before the market opens in Paris. The shares added 52.5 cents, or 0.9 percent, to 61.99 euros.
Dexia SA (DEXB BB): The world’s largest lender to local governments reports first-quarter earnings before the market opens in Paris. Net income probably fell 70 percent to 88 million euros, according to the median of seven analyst estimates, on asset markdowns. The shares lost 38 cents, or 8.3 percent, to 4.22 euros.
Electricite de France SA (EDF FP): Europe’s biggest power producer reported a 15 percent increase in first-quarter sales to 21.1 billion euros, after colder weather boosted demand for power. The shares rose 13.5 cents, or 0.4 percent, to 34.54 euros.
Enel SpA (ENEL IM): Italy’s largest utility said first- quarter profit more than doubled to 1.908 billion euros. Excluding a one-time 970 million-euro gain, Enel’s earnings slipped 1 percent to 938 million euros after demand in Italy fell amid a recession. That was less than the 981 million-euro median estimate of eight analysts surveyed by Bloomberg. Shares rose 2.4 percent to 4.31 euros.
E.ON AG (EOAN GY): Germany’s largest utility plans to post first-quarter results. The company may say profit fell 19 percent on the global slump in energy prices and a stronger euro, according to analysts surveyed by Bloomberg News. The shares added 0.1 percent to 24.40 euros.
K+S AG (SDF GY): Europe’s largest producer of potash used in fertilizers plans to report first-quarter results. The company may say profit declined as demand for crop nutrients fell, according to analysts surveyed by Bloomberg News. The shares climbed 0.4 percent to 48.45 euros.
Kuehne & Nagel International AG (KNIN VX): the world’s largest sea-freight forwarder by tonnage holds its shareholder meeting. The stock fell 1.75 francs, or 2.1 percent, to 82.35.
Lagardere SCA (MMB FP): The publisher of Car & Driver and Elle magazine reports first-quarter revenue before the market opens in Paris. The shares gained 69 cents, or 3 percent, to 23.80 euros.
Mediaset SpA (MS IM): The television company controlled by Italian Prime Minister Silvio Berlusconi said after markets closed that first-quarter net income fell to 60 million euros from 121 million euros a year earlier. Revenue dropped 12 percent to 967.2 million euros. Analysts in a Bloomberg survey had predicted profit of 50 million euros on sales of 962 million euros. The stock fell 1.6 percent to 4.43 euros.
MLP AG (MLP GY): Germany’s third-biggest financial-services broker plans to release first-quarter results. The company may say profit declined as the financial markets crisis weighs on sales of financial products, according to analysts surveyed by Bloomberg News. The shares fell 4.7 percent to 10.01 euros.
Puma AG (PUM GY): The athletic-shoe maker controlled by PPR SA is scheduled to hold its annual shareholders meeting. The company earlier this month said profit was almost wiped out as the company incurred costs to close stores and that the sportswear market will “remain difficult” in 2009. The shares advanced 1.8 percent to 155.24 euros.
Renault SA (RNO FP): France’s second-largest carmaker said its share of earnings from Japanese affiliate Nisson Motor Co. will reduce its own earnings by 1.15 billion euros. The shares fell 28.5 cents, or 1.2 percent, to 24.60 euros.
Telefonica SA (TEF SM): Europe’s second-largest telephone company is scheduled to report first-quarter earnings and may say profit rose 7.9 percent to 1.66 billion euros, according to the median estimate of nine analysts Bloomberg News surveyed by e-mail. The shares rose 31 cents, or 2.1 percent, to 14.83 euros.
UniCredit SpA (UCG IM): Italy’s biggest bank plans to report first-quarter earnings. The company may say first-quarter profit fell 59 percent to 438 million euros, based on the average estimate of eight analysts surveyed by Bloomberg. The stock fell 0.9 percent to 2.11 euros.
Vinci SA (DG FP): The world’s biggest construction company reported a 2.5 percent decline in first-quarter revenue to 7.07 billion euros and said its outlook for the full year is unchanged. The shares rose 27 cents, or 0.8 percent, to 34 euros.
To contact the reporter on this story: Nadja Brandt in Los Angeles at nbrandt@bloomberg.net
Posts
No comments:
Post a Comment