June 24 (Bloomberg) -- Shares of the following companies may have unusual moves in European trading. Stock symbols are in parentheses.
The Stoxx Europe 600 Index declined 1.4 percent to 264.31. The Stoxx 50 Index fell 1.3 percent to 2,491.56. The Euro Stoxx 50 Index, a benchmark measure for nations using the euro, decreased 2.3 percent to 2,730.86.
Allied Irish Banks Plc (ALBK ID): The Dublin-based bank said the state’s stake is likely to rise “substantially beyond” its current 93 percent level as part of the bank’s capital raise. The stock fell 5.5 percent to 15.6 euro cents.
Bank of Ireland Plc (BKIR LN): Ireland’s largest bank may raise a total of 2.5 billion euros from its offer to swap subordinated debt for equity or cash, according to Glas Securities, the Dublin-based fixed-income firm. The shares plunged 6.9 percent to 12.1 euro cents.
GlaxoSmithKline Plc (GSK LN): The attorney generals of 37 U.S. states and the District of Columbia reached a $40.8 million settlement with GlaxoSmithKline Plc and SB Pharmco Puerto Rico Inc. to resolve allegations they breached drug manufacturing standards. The shares fell 0.7 percent to 1,272.5 pence.
Netgem SA (NTG FP): The supplier of set-top television boxes said Virgin Mobile France selected it to provide technology for its Virgin Box TV. The shares dropped 2.5 percent to 3.50 euros.
Total SA (FP FP): France’s Industry Minister Eric Besson asked Total SA to modify gasoline prices for consumers after the International Energy Agency said its members would release crude from strategic reserves. The shares fell 1.6 percent to 37.97 euros.
Vinci SA (DG FP): Europe’s largest construction group signed a five-year revolving credit facility for 4 billion euros with a group of 23 banks, the company said in an e-mailed statement today. Shares fell 1.9 percent to 41.72 euros.
To contact the reporter on this story: Victoria Stilwell in New York at firstname.lastname@example.org.
To contact the editor responsible for this story: Nick Baker at email@example.com.