Acea, Enel, Fiat, Hammerson, LSE, Roche, SBM, Total: Europe Equity Preview

The following companies’ shares may have unusual moves in European trading. Stock symbols are in parentheses.

The Stoxx Europe 600 Index fell 0.2 percent to 262.86. The Stoxx 50 Index declined 0.6 percent to 2,537.23. The Euro Stoxx 50 Index, a benchmark for nations using the euro, dropped 1 percent to 2,757.37.

Acea SpA (ACE IM): The Italian utility said 2010 will “close well” and it will propose paying a “satisfactory” dividend, Il Sole 24 Ore reported, citing an interview with Chief Executive Officer Marco Staderini. The shares fell 1.2 percent to 8.31 euros.

Air France-KLM Group (AF FP): Europe’s largest airline group is deciding to end passenger flights at its Dutch Martinair carrier and taking measures to cut losses at Transavia.com, a company spokeswoman said. The shares rose 2 percent to 11.25 euros.

Banco Sabadell SA (SAB SM): Shareholders in Spain’s fourth- biggest commercial bank have agreed a takeover for Banco Guipuzcoano SA. Sabadell fell 12 cents, or 3.1 percent, to 3.83 euros.

Banco Santander SA (SAN SM): Spain’s largest lender is likely to postpone until spring, or cancel, plans for a 20 billion pound ($31 billion) stock market floatation of its U.K. business, the Sunday Times said, citing unidentified sources close to the bank. Santander fell 20 cents, or 2 percent, to 9.67 euros.

Enel SpA (ENEL IM): Italy’s biggest utility plans to sell about 1 billion euros ($1.3 billion) of shares in an initial public offering of its Green Power unit to private investors, Il Sole 24 Ore said, without saying where it got the information. The shares dropped 0.9 percent to 3.8775 euros.

Fiat SpA (F IM): The Italian carmaker named Andrea Formica as head of the Fiat brand, replacing Lorenzo Sistino, who will run international operations. The shares rose 1.5 percent to 10.36 euros.

Gartmore Group Ltd. (GRT LN): The U.K. money manager that began trading its shares in December is to go on a U.K. road show to persuade financial advisers the company is recovering after the departure of Guillaume Rambourg, a former senior investment analyst, The Mail on Sunday reported, citing Chief Executive Officer Jeff Meyer. The stock fell 1.9 percent to 113.8 pence.

Hammerson Plc (HMSO LN): The U.K.’s third-largest real estate investment trust and Oman may try to sell its office and retail site at Bishop’s Square in London for about 550 million pounds, the Financial Times reported, without saying where it got the information. The shares dropped 1.8 percent to 382.8 pence.

Heurtey Petrochem SA (ALHPC FP): The oil-industry equipment maker expects “big investments” in Russia in the coming months as the refinery market there undergoes a revival, Le Journal des Finances said, citing Chief Executive Officer Dominique Henri. The shares slipped 0.1 percent to 22.86 euros.

Kabel Deutschland Holding AG (KD8 GY): Providence Equity Partners may divest more of its stake in Germany’s largest cable-television operator, Euro am Sonntag reported. The shares rose 3.4 percent to 27.39 euros.

London Stock Exchange Group Plc (LSE LN): Europe’s largest bourse by value of listed companies has held talks with banks about creating a clearinghouse for guaranteeing stock trades, according to people familiar with the situation. The shares fell 1.5 percent to 676 pence.

MAN SE (MAN GY): Europe’s third-largest truckmaker has “no current plans” to buy the outstanding shares of truck rental operator EURO-Leasing GmbH, WirtschaftsWoche reported. The shares rose 1.1 percent to 75.46 euros.

Roche Holding AG (ROG VX): U.S. health regulators delayed a decision on the Swiss drugmaker’s application to expand use of the Avastin cancer medicine. Separately, the drugmaker said Avastin failed to meet the main goal of a late-stage study in early colon cancer. The shares fell 1.3 Swiss francs, or 0.9 percent, to 137.2 francs.

Royal KPN NV (KPN NA): The largest Dutch phone company doesn’t currently plan to sell E-Plus, its German mobile-phone unit, Boersen-Zeitung said, citing an interview with Chief Financial Officer Carla Smits-Nusteling. KPN declined 0.8 percent to 11.35 euros.

SBM Offshore NV (SBMO NA): The world’s largest supplier of floating oil rigs said it signed a letter of agreement for the provision, lease and operation of a production facility for the Tubular Bells field in the Gulf of Mexico. SBM dropped 0.8 percent to 13.175 euros.

Total SA (FP FP): Greenergy International Ltd., part owned by Barclays Plc and Tesco Plc, may bid for Total’s 800 petrol stations to gain infrastructure, the Sunday Times reported Sept. 19, without saying where it obtained the information. The stock fell 2 percent to 37.86 euros.

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

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