Air France, Bayer, Eiffage, Siemens: Europe Equity Preview

Shares of the following companies may have unusual moves in European (SXXP) trading. Stock symbols are in parentheses.

The Stoxx Europe 600 Index (SXXP) retreated 0.2 percent to 264.08. The Stoxx 50 Index (SX5P) fell 0.1 percent to 2,486.54. The Euro Stoxx 50 Index (SX5E), a benchmark measure for nations using the euro, declined 0.4 percent to 2,508.08.

Air France-KLM (AF) : The airline plans to make Ivory Coast its regional hub for West and central Africa, boosting seat capacity and investing the country’s new airline, Air Cote d’Ivoire, Chief Executive Officer Alexandre de Juniac said. Air France retreated 1.1 percent to 4.52 euros.

Bayer AG (BAYN) (BAYN GY): Germany’s largest drugmaker proposed former Chief Executive Officer Werner Wenning as chairman of the company’s supervisory board. Bayer fell 0.1 percent to 56.02 euros.

BG Group Plc (BG/) : The U.K.’s third-largest natural gas producer plans to sell half of its 40 percent interest in the Quintero liquefied natural gas plant on Chile’s central coast as it focuses on developing natural-gas fields in the U.K. and Brazil. BG Group rose 1 percent to 1,523 pence.

Eiffage SA (FGR) : France’s third-largest construction company said net income will rise in 2012 and revenue will climb to about 14 billion euros ($19 billion) as operating margins improve at its contracting units. Eiffage fell 2.4 percent to 25.41 euros.

Siemens AG (SIE) (SIE GY): Warren Buffett’s MidAmerican Energy Co Holdings Co. will buy an additional 407.1 megawatts of turbines from Europe’s largest engineering company for three wind farms in Iowa. Siemens fell 0.1 percent to 74.75 euros.

Solarworld AG (SWV) (SWV GY): The world’s No. 4 solar-panel maker reported a 2011 loss before interest and taxes of 233 million euros, because of asset value adjustments. The loss compares with EBIT of 193 million euros in 2010. Solarworld fell 7.3 percent to 3.69 euros.

Swisscom AG (SCMN) : The Swiss phone company was unable to sell its Italian fixed-line unit Fastweb SpA because no one was willing to pay fair market value, Bilanz reported, citing consultants close to the negotiations. Swisscom fell 0.2 percent to 361.30 Swiss francs.

To contact the reporter on this story: Katia Porzecanski in New York at kporzecansk1@bloomberg.net

To contact the editor responsible for this story: Andrew Rummer at arummer@bloomberg.net.

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