Coloplast, LVMH Moet, Swatch, Volkswagen: Europe Equity Preview

By Nadja Brandt

Aug. 14 (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 0.8 percent to 230.48. The Dow Jones Stoxx 50 Index increased 0.5 percent to 2,347.13. The Euro Stoxx 50 Index, a benchmark for the nations using the euro, added 0.7 percent to 2,705.74.

Coloplast A/S (COLOB DC): The world’s largest provider of ostomy and urology products may report third-quarter net income of 217.4 million kroner ($41.7 million), according to analysts’ estimates compiled by Bloomberg. Its shares rose 5.5 kroner, or 1.4 percent, to 389.50 kroner.

Hochtief AG (HOT GY): Germany’s biggest builder is scheduled to release second-quarter results. The shares increased 3.5 percent to 44.32 euros.

Huegli Holding AG (HUE SW): The Swiss maker of soups and sauces reports first-half earnings. The shares rose 6 francs, or 1.1 percent, to 540 francs.

LVMH Moet Hennessy Louis Vuitton SA (MC FP): The world’s largest luxury company bought 50 percent stakes in French winemakers Cheval Blanc and SAS La Tour du Pin, both producers of Saint-Emilion wines. It didn’t give financial terms. The shares gained 48 cents, or 0.8 percent, to 63.50 euros.

Swatch Group AG (UHR VX): The world’s biggest watchmaker reports first-half earnings. The shares gained 4.5 franc, or 2.2 percent, to 210.1 francs.

ThyssenKrupp AG (TKA GY): Germany’s largest steelmaker is scheduled to report quarterly results.

Separately, Wirtschaftswoche reported the company has changed strategy and now plans to hold on to its Blohm + Voss shipyard unit. The publication cited an unidentified member of the shipyard supervisory board. The shares advanced 2.9 percent to 22.68 euros.

Unique Zurich Airport AG (UZAN SW): The operator of Switzerland’s busiest airport said passenger traffic fell 0.8 percent in July from a year earlier. The shares rose 50 centimes, or 0.2 percent, to 293 francs.

Volkswagen AG (VOW GY): Europe’s largest carmaker will pay about 3.3 billion euros ($4.71 billion) for a 42 percent stake in Porsche SE’s automotive unit as part of a plan for the gradual merger of the two manufacturers. Volkswagen shares fell 0.1 percent to 226 euros. Porsche (PAH3 GY) shares advanced 1.6 percent to 44.60 euros.

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