Economic Calendar

Tuesday, July 28, 2009

Acciona, Agfa, Deutsche Bank, EADS, LVMH: Europe Equity Preview

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By Nadja Brandt

July 28 (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 0.4 percent to 220.59. The Dow Jones Stoxx 50 Index increased 0.6 percent to 2,262.41. The Euro Stoxx 50 Index, a benchmark for the nations using the euro, advanced 0.7 percent to 2,601.41.

Acciona SA (ANA SM): Spain’s second-biggest builder reports second-quarter earnings before the start of trading. The shares added 40 cents, or 0.5 percent, to 88.30 euros.

Agfa-Gevaert NV (AGFB BB): Europe’s largest maker of prepress products may report a second-quarter net loss of 5 million euros ($7.1 million), based on the median estimate of five analysts surveyed by Bloomberg News. Agfa advanced 3 cents, or 1.4 percent, to 2.18 euros.

Austriamicrosystems AG (AMS SW): The Austrian chipmaker whose shares are listed in Switzerland reported a second-quarter loss of 10.7 million euros, compared with profit of 5.9 million euros a year earlier, as revenue declined. The stock rose 5 centimes, or 0.4 percent, to 13.95 francs.

Autoroutes Paris-Rhin-Rhone SA (ARR FP): France’s second- largest toll-highway operator said second-quarter revenue fell 4.1 percent to 542.8 million euros. The shares lost 50 cents, or 1 percent, to 50 euros.

Deutsche Bank AG (DBK GY): Germany’s biggest bank plans to publish second-quarter results. The shares increased 2.2 percent to 52.03 euros.

Endesa SA (ELE SM): The Spanish utility releases second- quarter earnings before the start of trading. The shares, which added 0.6 percent to 18.45 euros, rose for the 11th consecutive day in the longest winning streak since 2006.

European Aeronautic, Defence & Space Co. (EAD FP): The owner of Airbus SAS reports second-quarter earnings before the market opens in Paris. The shares dropped 27 cents, or 2.1 percent, to 12.71 euros.

Luxottica Group SpA (LUX IM): The world’s biggest maker of eyeglasses holds a conference call to discuss second-quarter results. The shares fell 10 cents, or 0.6 percent, to 16.03 euros.

LVMH Louis Vuitton Moet Hennessy SA (MC FP): The world’s largest luxury-goods company reported less first-half profit than analysts estimated after demand for Moet champagne and Tag Heuer watches slumped and distributors reduced inventory. The shares fell 1.2 percent, or 2 percent, to 61.30 euros.

Pernod Ricard SA (RI FP): The world’s second-largest liquor maker sold its Tia Maria brand to Italian drinks maker Illva Saronno Holding SpA for 125 million euros. The shares lost 1.19 euros, or 2.3 percent, to 51.15 euros.

Royal Ahold NV (AH NA): The Dutch owner of the Stop & Shop supermarket chain in the U.S. is scheduled to report second- quarter sales before the start of trading. Ahold declined 0.1 percent to 8.39 euros.

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




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