March 1 (Bloomberg) -- Shares of the following companies may have unusual moves in European trading. Stock symbols are in parentheses.
The Stoxx Europe 600 Index was little changed at 264.32. The Stoxx 50 Index fell 0.2 percent to 2,476.52. The Euro Stoxx 50 Index, a benchmark measure for nations using the euro, declined 0.3 percent to 2,512.11.
Dexia SA (DEXB BB): Belgium will ask Italy, Spain and Germany to take a share of the government guarantees on the French-Belgian lender’s borrowings because it has units and public-finance loans in those countries, Belga news agency reported, citing Belgian Finance Minister Steven Vanackere. Dexia rose 2.2 percent to 28 euro cents.
EDF Energies Nouvelles SA (EDF FP): The French renewable-energy producer received long-term financing for its Shiloh III wind farm in California from Sovereign Bank NA, the U.S. unit of Banco Santander SA. EDF rose 0.8 percent to 18.72 euros.
Jazztel Plc (JAZ SM): The Spanish phone company that’s winning market share from Telefonica SA (TEF SM) expects net income to climb as it attracts more broadband customers. The company forecast earnings will climb to 55 million euros to 65 million euros this year. Jazztel fell 3.2 percent to 4.29 euros.
Novartis AG (NOVN VX): Gleevec and Tasigna, two leukemia drugs produced by the Basel, Switzerland-based drugmaker, fought the deadly Ebola virus in laboratory experiments, suggesting the products could be used against a disease for which there are no treatments. Novartis fell 0.3 percent to 49.29 Swiss francs.
Rexel SA (RXL FP): Ray Investment SARL, the largest investor in the French electrical equipment distributor, is seeking as much as 483 million euros ($644 million) in its sale of a stake in the company, said a person familiar with the process. Rexel rose 0.6 percent to 16.55 euros.
Transics International NV (TRAN BB): Belgium’s biggest maker of on-board computers for trucks said net income rose more than threefold to 8.48 million euros last year, buoyed by a gain from the disposal of its TMS/TAS business. Transics rose 4.8 percent to 6.52 euros.
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