Air Berlin, Fiat, Securitas, Vivendi: European Equity Preview

By Rita Nazareth

Sept. 1 (Bloomberg) -- The following companies may be active in European trading. Stock symbols are in parentheses, and share prices are from the previous close.

Europe’s Dow Jones Stoxx 600 fell 0.6 percent to 236. The Dow Jones Stoxx 50 Index dropped 0.4 percent to 2,401.57. The Euro Stoxx 50 Index, a benchmark for nations using the euro, retreated 1 percent to 2,775.17.

Air Berlin Plc (AB1 GY): Europe’s third largest discount carrier said BlueBay Asset Management Plc’s BlueBay Multi- Strategy (Master) Fund Ltd. and BlueBay Global Convertible Bond Fund bought convertible bonds Aug. 25 which can be converted into 3.99 million shares between Nov. 17 and Aug. 15, 2014, which would give BlueBay a possible 5.2 percent stake in the airline’s voting rights. The shares fell 1.6 percent to 3.81 euros.

Areva SA (CEI FP): The world’s biggest builder of nuclear reactors said first-half profit fell 79 percent to 161 million euros after a delay on a Finnish nuclear plant project. The company’s investment certificates slid 0.1 percent to 400.85 euros.

A2A SpA (A2A IM): Cheuvreux raised its price estimate for shares in the nation’s biggest commercial utility to 1.75 euros from 1.60 euros. The shares gained 0.6 percent to 1.35 euros.

Fiat SpA (F IM): Italy’s Transport Ministry releases August new-car registration figures. The carmaker’s shares dropped 0.8 percent to 8.26 euros.

Eiffage SA (FGR FP): France’s third-biggest builder said first-half net income fell 64 percent to 50 million euros. The shares rose 1.2 percent to 49.57 euros.

Partners Group (PGHN SW): The Swiss money manager focused on private equity investments releases fist-half earnings. The shares gained 0.5 percent to 122 Swiss francs.

RWE AG (RWE GY): Germany’s second-biggest utility was added to Europe’s Dow Jones Stoxx 50 Index, replacing Royal Philips Electronics NV, Stoxx Ltd. said in a statement. RWE shares fell 0.7 percent to 64.60 euros.

Securitas AB (SECUB SS): The world’s largest guarding company will host an investor day on Sept. 1 in London. The shares declined 0.4 percent to 69.40 kronor.

Tecnicas Reunidas SA (TRE SM): The Spanish provider of engineering and construction services to the energy industry said first-half net profit rose to 67.96 million euros from 60.74 million euros a year earlier. The shares lost 0.7 percent to 37.89 euros.

Vinci SA (DG FP): The world’s biggest builder said first- half profit fell 5.8 percent to 690 million euros on lower revenue from its contracting business, and forecast a faster sales decline for that division in the second half. Separately, Vinci said it plans to buy French engineering company Cegelec SA from Qatari Diar for 31.5 million Vinci shares, or 1.18 billion euros at the Aug. 31 closing price. The shares dropped 1.3 percent to 37.43 euros.

Vivendi SA (VIV FP): France’s biggest media company reports first-half earnings before the market opens in Paris. The shares added 0.5 percent to 19.87 euros.

To contact the reporter on this story: Rita Nazareth in New York at rnazareth@bloomberg.net