British Airways, Rolls-Royce, Securidev, Volkswagen: Europe Equity Preview

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

The Stoxx Europe 600 Index fell 1.4 percent to 261.19. The Stoxx 50 Index declined 1.5 percent to 2,514.44. The Euro Stoxx 50 Index, a benchmark for nations using the euro, fell 1.5 percent to 2,752.77.

Aedifica SA (AED BB): Belgium’s biggest residential real- estate investment fund begins raising as much as 67.3 million euros ($90.1 million) in a stock sale to existing shareholders. Investors are offered two new shares for every five held at 33.45 euros apiece. Aedifica was unchanged at 42.45 euros before the subscription rights were detached from the shares.

BayWa AG (BYW6 GY): The German farm products and building- materials company, plans to make acquisitions with the 200 million euros ($267.7 million) in proceeds from a promissory note bond, Frankfurter Allgemeine Zeitung reported, citing an interview with Chief Executive Officer Josef Lutz. The shares fell 2 cents, or 0.1 percent, to 29.28 euros.

BHP Billiton Ltd. (BLT LN): The mining company bidding to acquire Potash Corp. of Saskatchewan said a lawsuit by the fertilizer producer is “without merit” and will be contested “vigorously.” The shares climbed 2.1 percent to 2,000 pence.

British Airways Plc (BAY LN): Iberia Lineas Aereas de Espana SA agreed with British Airways Plc’s plan to reduce its pension deficit, bringing the carriers closer to a merger. The stock fell 1.2 percent to 240 pence.

Hansard Global Plc (HSD LN): The asset manager is scheduled to report full-year earnings. The shares rose 3.8 percent to 169 pence.

Intesa Sanpaolo SpA (ISP IM): The bank’s Chief Executive Officer Corrado Passera and Chief Economist Gregoria de Felice participate in a conference in Rome. The shares retreated 2 percent to 2.42 euros.

Molecular Medicine SPA (MLM IM): The Italian biotechnology company said the “positive results” of a clinical study of its anticancer NGR-hTNF drug were published on Annals of Oncology. The stock fell 1.1 percent to 46.4 cents.

Neurones (NRO FP): The computer-services company raised its full-year revenue and operating margin forecasts after first- half net profit climbed to 5.1 million euros from 4.9 million euros a year earlier. The shares rose 1 percent to 7.16 euros.

Piaggio & C. SpA (PIA IM): The scooter company plans a presentation on strategic guidelines and business developments. The shares of Europe’s largest motor-scooter maker gained 1 percent to 2.48 euros.

Rolls-Royce Group Plc (RR/ LN): The world’s second-biggest engine maker said it won a $560 million order to supply Trent 700 engines to eight Deutsche Lufthansa AG and Swiss Airbus A330 aircraft. The stock fell 2 percent to 576.5 pence.

Royal DSM NV (DSM NA): The world’s biggest vitamin maker may raise its operating profit target for a unit making health- food enzymes to more than 20 percent of revenue from at least 18 percent this year, according to a Bloomberg News survey of four analysts. DSM advanced 0.1 percent to 37.54 euros.

Securidev SA (SCDV FP): The maker of conventional and electronic locks returned to profit in the first half of the year with net income of 4.3 million euros and maintained its full-year forecast. The shares added 0.9 percent to 21.20 euros.

Thermocompact SA (THER FP): The supplier of cable coatings for the electronics industry posted a 2.36 million euro first- half profit, up from a 883,000-euro loss last year. The shares advanced 1.2 percent to 13.71 euros.

Vet’Affaires (VET FP): The French discount-clothing retailer returned to profit in the first half and forecast full- year revenue of more than 100 million euros. The shares gained 1.3 percent to 23 euros.

Volkswagen AG (VOW GY): Europe’s largest carmaker will build a new engine plant in Mexico, Otto Lindner, president of the company’s operations in the country, said yesterday. The initial investment in the factory with a planned capacity of 330,000 engines will be $550 million. The shares dropped 1.33 euros, or 1.6 percent, to 80.37 euros.

To contact the reporters on this story: Tara Lachapelle in New York at tlachapelle@bloomberg.net

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

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