HSBC Holdings, International Power, TUI Travel: U.K., Irish Equity Preview

The following is a list of companies whose shares may have unusual price changes in U.K. and Irish markets. Stock symbols are in parentheses and prices are from the last market close.

The benchmark FTSE 100 Index rose 78.13, or 1.5 percent, to 5,410.52. The FTSE All-Share Index advanced 1.4 percent and Ireland’s ISEQ Index rose climbed 1.7 percent.

Barclays Plc (BARC LN): BofA Merrill Lynch Global Research added the bank to its “Europe 1 list.” The stock rallied 3.2 percent to 335 pence.

Dana Petroleum Plc (DNX LN): The company said oil flowed at 7,000 barrels a day from the Blackbird appraisal well in the U.K. North Sea. The company’s Ettrick field has increased production to 28,000 barrels a day, Dana said. The shares rose 0.2 percent to 1,712 pence.

HSBC Holdings Plc (HSBA LN): Lehman Brothers Holdings Inc. and Europe’s biggest bank may be sued over $1.6 billion in worthless securities sold to retail investors, primarily in Hong Kong, a judge in New York ruled. David Hall, a Hong Kong-based spokesman for HSBC, didn’t have a response to the ruling. The shares rose 1.4 percent to 670.7 pence.

InterContinental Hotels Group Plc (IHG LN): The owner of the Holiday Inn brand posted a first-half profit after a loss a year earlier as business travel improved. The stock climbed 0.6 percent to 1,124 pence.

International Power Plc (IPR LN): GDF Suez SA has agreed to take control of the U.K. utility. The company will pay a 92 pence a share special dividend and transfer power plants to gain control.

Separately, International Power reported a drop in first- half operating profit to 524 million pounds ($828 million) from 550 million pounds a year earlier. The shares advanced 3.7 percent to 380 pence.

Mondi Plc (MNDI LN): Europe’s largest maker of office paper posted underlying profit in the first half of 222 million euros ($292 million) from 138 million euros a year earlier. Revenue climbed 16 percent. The stock rose 2.2 percent to 479.7 pence.

TUI Travel Plc (TT/ LN): Europe’s largest tour operator said it expects its full-year results to be at the lower end of expectations. The shares rose 4.3 percent to 225.6 pence.

To contact the reporters on this story: Ben Martin in London at bmartin38@bloomberg.net; Sarah Jones in London at sjones35@bloomberg.net.

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