The following companies’ shares may have unusual moves in European trading. Stock symbols are in parentheses.
The Stoxx Europe 600 Index lost 0.3 percent to 235.28. The Stoxx 50 Index slipped 0.2 percent to 2,249.49. The Euro Stoxx 50 Index, a benchmark measure for nations using the euro, fell 0.2 percent to 2,315.97.
AB Science SA (AB) : The biopharmaceutical company reported third-quarter revenue rose 6 percent to 254,000 euros. Shares lost 0.2 percent to 5.69 euros.
Air Liquide SA (AI) : The industrial gas producer will invest 10 million euros ($14 million) to expand its capacity in Pirdop, Bulgaria, by 350 metric tons of gaseous oxygen per day to 1,150 metric tons per day. Shares gained 0.5 percent to 91.42 euros.
Banco Santander (SAN SM), Banco Bilbao Vizcaya Argentaria SA (BBVA) : Spain’s biggest banks had their credit ratings cut to AA- from AA by Standard & Poor’s, which cited “dimming” growth prospects and “heightened” market turbulence. Santander shares declined 0.9 percent to 6.29 euros. BBVA fell 1.1 percent to 6.45 euros.
Banco de Sabadell SA (SAB) and Bankinter SA (BKT) had their ratings lowered to A- from A by S&P, while Banco Popular Espanol SA (POP) had its A- rating put on a negative outlook. Sabadell slipped 0.2 percent to 2.71 euros. Inter declined 0.1 percent to 4.41 euros. Popular lost 0.8 percent to 3.53 euros.
Daimler AG (DAI) : Aabar Investments PJSC, the largest shareholder in the luxury-car maker, said it remains “fully committed” to the German company after loaning out almost half its stake to finance the original acquisition. Daimler gained 1.4 percent to 35.85 euros.
Man Group Plc (EMG) . The hedge fund said the net asset value of its AHL Diversified fund fell 5.5 percent to $1.1914 in the week through Nov. 10. The shares declined 2.8 percent to 166.2 pence.
Phoenix Solar AG (PS4) (PS4 GY): The German solar power company lowered its earnings and revenue forecasts for 2011, citing a decline in the market price for solar panels. The shares fell 1.1 percent to 7.99 euros.
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