Air Liquide, EON, SAP, SQLI, Telefonica: European Equity Preview

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

The Stoxx Europe 600 Index gained 4.4 percent to 229.91. The Stoxx 50 Index rose 4.2 percent to 2,181.60. The Euro Stoxx 50 Index, a benchmark measure for nations using the euro, advanced 5.3 percent to 2,194.03.

Air Liquide (AI FP): The industrial gas producer said it signed a long-term contract with Petkim Petrokimya Holding AS to supply gases to its Aliaga site. The shares rose 4 percent to 88.67 euros.

Casino Guichard Perrachon SA (CO) : The French supermarket retailer’s Colombian retail unit Exito said it raised $1.4 billion in a share issue to fund its expansion. The shares rose 4.6 percent to 58.44 euros.

E.ON AG (EOAN) : OAO Gazprom, RWE AG (RWE GY) and E.ON are among natural-gas companies raided by European Union regulators looking for possible antitrust violations in central and eastern Europe. EON shares jumped 6.5 percent to 16.35 euros, while RWE surged 7.6 percent to 27.80 euros.

Impax Asset Management Ltd. (IPX LN): The London-based clean-energy investor closed a 330 million-euro ($450 million) private equity fund that will focus on European wind investments, its managing director said. The shares were unchanged at 46.5 pence.

SAP AG (SAP) : The software maker has a “very well- filled contract pipeline” and “good results” will continue even as global economic growth is slowing, Finanz und Wirtschaft reported, citing an interview with Robert Enslin, head of global sales. The shares gained 3.9 percent to 37.84 euros.

SQLI SA (SQI) : The IT and internet services consulting firm recorted first-half net income of 1.4 million euros, compared with a year-earlier loss of 1.5 million euros. The shares rose 13 percent to 90 euro cents.

Suedzucker AG (SZU) : The maker of sugar, starch and bakery additives was cut to “hold” from “buy” at Deutsche Bank AG. The shares slipped 0.5 percent to 23.60 euros.

Telefonica SA (TEF) : Spain’s largest telecommunications company had its long-term issuer default rating cut one notch by Fitch Ratings to BBB+, the eighth-highest investment grade, on weak economic conditions in Europe, capital expenditure and dividend commitments. The shares gained 3 percent to 14.25 euros.

To contact the reporter on this story: Kaitlyn Kiernan in New York at kkiernan2@bloomberg.net

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

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