Alcatel, Daimler AG, HSBC, TNT Express: 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 fell 0.7 percent to 265.25. The Stoxx 50 Index dropped 0.8 percent to 2,510.85. The Euro Stoxx 50 Index, a benchmark measure for nations using the euro, decreased 0.8 percent to 2,670.37.

Alcatel-Lucent (ALU FP): Microsoft Corp. has been ordered by a federal jury to pay France’s largest telecommunications equipment maker $70 million for infringing its patent, which is used in versions of Microsoft’s Outlook program and two other applications. The shares fell 3.7 percent to 2.755 euros.

Arena Leisure Plc (ARE) : Satellite Information Services Ltd. is considering a 200 million-pound ($329 million) bid for U.K. racecourse owner, Arena Leisure Plc, the Sunday Times reported, without saying where it got the information. Arena’s shares climbed 4.4 percent to 35.25 pence.

Barclays Plc (BARC) : Lehman Brothers Holdings Inc. appealed a judge’s order that it couldn’t recover an alleged $11 billion “windfall” made by Barclays Plc when the London-based bank bought defunct Lehman’s North American business. The shares fell 2.2 percent to 223 pence.

Continental AG (CON) : Europe’s second-largest car-parts maker doesn’t expect to return to the DAX index of the country’s top 30 companies, Frankfurter Allgemeine Zeitung reported, citing Chief Financial Officer Wolfgang Schaefer. The stock gained 2.1 percent to 69.60 euros.

Daimler AG (DAI) : Chief Executive Officer Dieter Zetsche called on employees to face up to growing competition among luxury-car makers and help the Mercedes-Benz brand surpass Bayerische Motoren Werke AG and Audi AG to become the world’s top premium auto manufacturer, Automotive News Europe reported, citing a letter from the CEO to workers. The shares fell 0.8 percent to 50.66 euros.

HSBC Holdings Plc (HSBA) : Europe’s largest bank by market value, agreed to sell its upstate New York branch network to First Niagara Financial Group Inc. for $1 billion as it trims U.S. operations. The stock retreated 2 percent to 594.5 pence.

International Consolidated Airlines Group SA (IAG LN): Willie Walsh, chief executive officer of International Consolidated Airlines Group SA, wants to merge Portuguese state- owned airline TAP SGPS SA with British Airways and Iberia, the London-based Times reported. The stock gained 2 percent to 237.3 pence.

Prudential Plc (PRU) : The U.K.’s biggest insurer will raise its half-year dividend by 20 percent this week on better interim earnings and a bid to improve its relationship with investors, the Sunday Telegraph reported, citing analysts. The stock gained 0.7 percent to 690 pence.

Royal Bank of Scotland Group Plc (RBS) : The U.K.’s biggest government-owned lender may be forced to write down the value of its holdings in Greek government bonds by at least 800 million pounds ($1.3 billion), the Times said, citing calculations by unidentified analysts. The shares dropped 1.6 percent to 35.69 pence.

TNT Express NV (TNTE NA): Europe’s second-biggest express- delivery service may say second-quarter net income was 25.9 million euros ($37 million), the average estimate in a Bloomberg survey of four analysts. TNT Express dropped 1.4 percent to 7.05 euros.

To contact the reporter on this story: Victoria Taylor in New York at vtaylor6@bloomberg.net

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