Alstom, Fiat, Kontron, Rieter, Unilever: Europe Equity Preview

The following companies’ shares may have unusual moves in European trading. Stock symbols are in parentheses and prices are from the last close.

The Stoxx Europe 600 Index gained 0.6 percent to 250.09. The Stoxx 50 Index rose 0.5 percent to 2,430.15. The Euro Stoxx 50 Index (SX5E), a benchmark for nations using the euro, advanced 0.6 percent to 2,681.20.

Alstom SA (ALO) The French maker of energy-generation equipment said it received a contract worth 100 million euros ($126 million) from Desenvix for a wind farm in the Brazilian state of Bahia. The shares fell 0.5 percent to 38.73 euros.

BKW FMB Energie AG (BKWN SW): The utility owned by the Swiss canton of Bern is looking for a new investor to take about a 10 percent stake, replacing part of E.ON Energie AG’s holding that was sold, Finanz & Wirtschaft said, citing an interview with Chief Executive Officer Kurt Rohrbach. The shares rose 0.4 percent to 67.85 Swiss francs.

Banco Popular Espanol SA (POP) : Angel Ron, the chairman of Spain’s third-largest bank, sees “no reason to think” stress tests will go badly, El Mundo said, citing an interview. The shares fell 0.1 percent to 4.78 euros.

Banco Santander SA (SAN) : Spain’s largest bank aims to increase its 10 percent market share in Latin America by two or three percentage points, Latin American head Francisco Luzon told Expansion in an interview. The bank isn’t in talks to buy assets or capacity in Spain, Luzon said. The shares gained 2 cents, or 0.2 percent, to 9.97 euros.

BP Plc (BP/) : Apache Corp. declined to comment on a news report that it’s in exclusive talks to buy $12 billion of BP’s assets, the oil company grappling to stop a leak that has caused the biggest oil spill in U.S. history, and Exxon Mobil Corp. declined to say whether it may be interested in a bid for BP. The shares retreated 0.6 percent to 364.8 pence.

Deutsche Bank (DBK GY): The chief executive officer of Sal. Oppenheim Jr. & Cie. told Welt am Sonntag that the wealth manager acquired by Deutsche Bank may return to profit in 2012. Deutsche Bank shares rose 0.5 percent to 49.25 euros.

Fiat SpA (F) : The Italian carmaker that runs Chrysler Group LLC began talks with banks on a plan to spin off its industrial operations and to have the units trade separately, Corriere della Sera reported.

Separately, Labor Minister Maurizio Sacconi said the company’s commitment to produce its Panda model in the Pomigliano factory near Naples may draw more foreign investors to the country. The shares climbed 1.2 percent to 8.82 euros.

Heineken NV (HEIA) : The world’s third-biggest brewer by volume may open a brewery in Ethiopia and has held talks with its local distributor about such a move, Capital newspaper said. Heineken added 7 cents, or 0.2 percent, to 35.20 euros.

HSBC Holdings Plc (HSBA) : Morgan Stanley’s infrastructure unit, 3i Infrastructure Plc and Star Capital are close to buying U.K. train rolling-stock leasing operations owned by HSBC for about 1.7 billion pounds, the Sunday Times said, citing people with knowledge of the talks. The stock rose 0.6 percent to 627.1 pence.

Iberdrola SA (IBE) : A court rejected a request by Actividades de Construccion & Servicios SA to suspend a decision by Iberdrola shareholders that blocked the builder from the power company’s board, Cinco Dias reported. Iberdrola shares rose 3 cents, or 0.6 percent, to 5.16 euros.

Kontron AG (KBC) The computer-board maker said it’s setting aside 34 million euros in risk provisions for outstanding receivables due from customers in Malaysia, Taiwan and Hong Kong. The company said in a statement it’s undertaking civil and criminal legal steps against the debtors. The shares fell 0.5 percent to 7.56 euros.

Riber SA (RIB) : The maker of machines to produce semiconductor wafers won 4 million euros worth of orders. The shares gained 2.9 percent to 1.79 euros.

Rieter Holding AG (RIEN) : The world’s biggest maker of staple-fiber spinning machines said its automotive business isn’t for sale, Finanz & Wirtschaft said, citing Chief Executive Officer Erwin Stoller. The shares fell 1.4 percent to 293.25 Swiss francs.

Societa Iniziative Autostradali e Servizi SpA (SIS IM): The Italian company and the Benetton family plan to merge their highway holdings in Chile into a new company valued at 1.14 billion euros by year end, Sole 24 Ore said, citing a document related to the deal. The shares rose 0.7 percent to 7.135 euros.

Telecom Italia SpA (TIT) : Italy’s biggest phone company may cut 3,700 jobs by mid-2011 to reduce costs, la Repubblica said, citing a union representative. The shares increased 1 percent to 95.1 cents.

Theolia SA (TEO) : The Aix-en-Provence-based wind-power company may add to its presence in Morocco following a capital-raising campaign, Journal des Finances said, citing an interview with Chief Executive Officer Fady Khallouf. The shares gained 2.4 percent to 1.29 euros.

Unilever (UNA) : The world’s second-largest maker of consumer-products may receive a bid for its Italian frozen-food business, Findus Italy, from private equity group Lion Capital, the Financial Times said, citing unidentified people close to the process. Unilever may also receive bids from BC Partners and Permira for the unit, which may sell for 800 million euros. The shares rose 15 cents, or 0.7 percent, to 22.73 euros.

Volkswagen AG (VOW GY): The carmaker will boost earnings in 2010 along with sales, Chief Executive Officer Martin Winterkorn was cited as saying by the Sueddeutsche Zeitung. VW shares rose 0.4 percent to 70.63 euros.

To contact the reporter on this story: Stephen Kleege in New York at skleege@bloomberg.net

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

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