Anheuser-Busch, Endesa, Ferrovial, Fiat: European Equity Preview
The following companies’ shares may have unusual moves in European trading. Stock symbols are in parentheses, and prices are from the previous close.
The Stoxx Europe 600 Index advanced 0.4 percent to 267.50. The Stoxx 50 Index rose 0.6 percent to 2,557.38. The Euro Stoxx 50 Index (SX5E), a benchmark for nations using the euro, gained 0.9 percent to 2,861.01.
Anheuser-Busch InBev NV (ABI) : The world’s largest brewer may say third-quarter net income declined 8.4 percent to $1.42 billion, according to the average of nine analyst estimates compiled by Bloomberg. AB InBev retreated 0.7 percent to 44.90 euros.
Ferrovial SA (FER) : BAA Plc, Ferrovial’s London-based unit, sold 325 million pounds ($520 million) of bonds due in 2017, according to Bloomberg data. The stocks of the builder rose 1.4 percent to 8.35 euros.
Fiat SpA (F) : The carmaker’s Italian auto sales slumped 40 percent in October, the car association UNRAE said. The Turin, Italy-based company’s market share was 27.5 percent compared with 32.6 percent last year. Fiat shares dropped 1.7 percent to 11.85 euros.
Gas Natural SDG SA (GAS) : Spain’s largest gas utility is scheduled to release third-quarter earnings. The shares rose 0.8 percent to 10.53 euros.
Wolters Kluwer NV (WKL) : Europe’s largest tax and legal publisher is scheduled to give a third-quarter trading update before the market opens. Wolters Kluwer rose 0.8 percent to 16.49 euros.
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