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Aalberts Industries, Tie, Van de Velde: Benelux Equity Preview

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Aug. 17 (Bloomberg) -- The following companies may have unusual price changes in Benelux markets. Stock symbols are in parentheses, and prices are from the previous close.

The AEX-Index in Amsterdam declined 0.8 percent to 291.51. Belgium’s Bel20 Index fell 1.3 percent to 2,246.92. Luxembourg’s LuxX Index gained 1.7 percent to 1,175.64.

Dutch stocks:

Aalberts Industries NV (AALB NA): Europe’s biggest maker of fittings used in taps and heaters may report first-half profit excluding some items of 62 cents a share, according to the average estimate of six analysts in a Bloomberg survey. The shares dropped 2.6 percent to 12.44 euros.

Tie Holding NV (TIE NA): The Dutch Internet-software maker is scheduled to report second-quarter earnings before the market opens. Tie shares advanced 0.9 percent to 10.7 cents.

Belgian stocks:

Van de Velde NV (VAN BB): Belgium’s largest maker of luxury lingerie agreed to buy an 87 percent stake in U.K. retailer Rigby & Peller for 8 million pounds ($11 million). Van de Velde shares retreated 0.3 percent to 37.39 euros.

Warehouses Estates Belgium SCA (WEB BB): The Gosselies, Belgium-based owner of shops, warehouses and offices said fiscal third-quarter profit declined to 78 cents a share from 82 cents in the same period a year earlier. The shares were unchanged at 44 euros.

To contact the reporters on this story: John Martens in Brussels at jmartens1@bloomberg.net; Fred Pals in Amsterdam at fpals@bloomberg.net

To contact the editors responsible for this story: Angela Cullen at acullen8@bloomberg.net; Andrew Rummer at arummer@bloomberg.net.

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