Banca Popolare, Deutsche Lufthansa, Fiat: Europe Equity Preview

Shares of the following companies may have unusual moves in European trading. Stock symbols are in parentheses.

The Stoxx Europe 600 Index slipped 0.3 percent to 268.61. The Stoxx 50 Index (SX5E) dropped 0.4 percent to 2,668.36. The Euro Stoxx 50 Index, a benchmark for nations using the euro, retreated 0.5 percent to 2,974.62.

Banca Popolare dell’Etruria e del Lazio (PEL) : The company reiterated its profitability targets through 2011, according to a statement distributed through the Italian exchange. The stock lost 2.2 percent to 4.03 euros.

Banco Espanol de Credito SA (BTO SM): Banesto, as the Spanish lender controlled by Banco Santander SA (SAN) is known, will report earnings before the market opens. The shares rose 2.1 percent to 8.21 euros.

Bernard Loiseau SA (ALDBL) : The food and restaurant group said its full-year loss widened to 438,000 euros in 2009 from 235,000 euros a year earlier. The shares fell 1.8 percent to 6.14 euros.

Deutsche Lufthansa AG (LHA) : The German carrier’s Vereinigung Cockpit pilots’ union said it called off a four-day strike it had planned to start April 13 after agreeing to enter mediation talks. The shares declined 0.5 percent to 12.81 euros.

Fiat SpA (F) : Italy’s largest carmaker was rated “underperform” at Macquarie Group Ltd. in new coverage. The stock fell 2.2 percent to 9.75 euros.

Klepierre (LI) : Europe’s second-largest shopping-center owner raised 900 million euros selling bonds. The shares fell 1.1 percent to 29.44 euros.

To contact the reporter on this story: Lynn Thomasson in New York at lthomasson@bloomberg.net.

To contact the editor responsible for this story: Nick Baker at nbaker7@bloomberg.net.

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.