Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

PPR, Renault, RBS, Vivendi: European Equity Preview

April 26 (Bloomberg) -- The following companies’ shares may have unusual moves in European trading. Stock symbols are in parentheses.

The Stoxx Europe 600 Index rose 1 percent to 256.96. The Stoxx 50 Index increased 0.4 percent to 2,406.77. The Euro Stoxx 50 Index, a benchmark measure for nations using the euro, gained 1.7 percent to 2,322.91.

PPR SA (PP FP): The French owner of the Gucci luxury brand and Puma sporting-goods maker reported first-quarter sales that exceeded analysts’ estimates and said it’s confident of achieving sales and earnings growth in 2012. The shares increased 3.2 percent to 119.70 euros.

Renault SA (RNO FP): France’s second-biggest automaker said first-quarter revenue fell 9 percent on declining European demand as the car industry struggles with a sluggish economy in the region and overcapacity. The shares rose 2.1 percent to 35.32 euros.

Royal Bank of Scotland Group Plc (RBS LN): Britain’s biggest state-owned lender may lose as much as 20 billion pounds from its future market value because of planned U.K. regulatory changes, Chief Executive Officer Stephen Hester said. The shares fell 0.3 percent to 23.22 pence.

Vivendi SA (VIV FP): The owner of the world’s biggest music and video-game companies is considering an overhaul of its company structure that may lead to a breakup, according to people with knowledge of the matter. The shares gained 1.4 percent to 13.34 euros.

To contact the reporter on this story: Joseph Ciolli in New York at jciolli@bloomberg.net

To contact the editor responsible for this story: Nick Baker at nbaker7@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.