U.K. Nov. Retail Sales Rise 0.3%, Matching Median Forecast
Aeroports de Paris, Bankia, BioMerieux, BP, Orapi: European Equity Preview
Shares of the following companies may have unusual moves in European trading. Stock symbols are in parentheses.
The Stoxx Europe 600 Index rose 0.8 percent to 264.28. The Stoxx 50 Index gained 0.8 percent to 2,492.28. The Euro Stoxx 50 Index, a benchmark measure for nations using the euro, increased 1.3 percent to 2,657.45.
Accor SA (AC) : France’s largest hotel operator said the domestic French market helped first-half revenue rise 4.4 percent to 2.97 billion euros ($4.2 billion). The shares rose 3.5 percent to 29.5 euros.
Aeroports de Paris (ADP) : The operator of Orly and Roissy-Charles de Gaulle airports said June traffic rose 4.6 percent to 7.9 million passengers. The shares rose 0.7 percent to 60.7 euros.
Bankia SA (BKIA SM): The Spanish lender forged from the merger of seven banks starts trading in Madrid after raising more than 3 billion euros ($4.2 billion) in an initial public offering pricing shares at 3.75 euros each.
Barco NV (BAR) : The Belgian maker of digital cinema projectors may say first-half earnings before interest, tax, depreciation and amortization increased to 59.8 million euros ($84.7 million), according to the average of two analyst estimates compiled by Bloomberg, from 38.2 million euros a year earlier. Barco shares climbed 5.4 percent to 51.96 euros.
BioMerieux (BIM) SA: The maker of tests for HIV and hepatitis re-affirmed its 2011 sales growth forecast and said Chairman Jean-Luc Belingard will add the title of chief executive officer on July 20. The shares rose 0.5 percent to 79.61 euros.
BP Plc (BP/) : TNK-BP, BP’s Russian oil venture with a group of billionaires, will probably pay more than $1 billion for a 45 percent stake in 21 Brazilian oil and gas blocks, two people with knowledge of the deal said. BP’s shares gained 1 percent to 460.60 pence.
Orapi (ORAP) SA: The manufacturer of surface-treatment lubricants said first-half revenue rose 10.6 percent to 63.5 million euros. The shares fell 0.3 percent to 15.2 euros.
Royal Dutch Shell Plc (RDSA) : The Energy Technologies Institute, backed by Royal Dutch Shell Plc, BP Plc and the U.K. government, agreed to invest 23.5 million pounds ($38 million) in a carbon-capture trial project as Britain studies ways to curb emissions. Shell’s stock gained 0.7 percent to 2,230 pence.
Royal Bank of Scotland Group Plc (RBS) : The U.K.’s biggest government-owned lender hasn’t sold a reverse convertible in more than three months as the market for the products stagnates amid low volatility. The shares rose 0.4 percent to 33.09 pence.
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