Banca Popolare, Deutsche Lufthansa, Fiat, Klepierre: 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 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 IM): 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 is known, will report earnings before the market opens. The shares rose 2.1 percent to 8.21 euros.
Bernard Loiseau SA (BLOI FP): 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 GY): 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 IM): 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 FP): 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 email@example.com.