ARM Holdings, Fimalac, Glencore, Sage May Be Active: Europe Equity Preview
Shares of the following companies may have unusual moves in European trading. Stock symbols are in parentheses.
The Stoxx Europe 600 Index fell 0.1 percent to 278.82. The Stoxx 50 Index lost 0.1 percent to 2,614.58. The Euro Stoxx 50 Index, a benchmark measure for nations using the euro, declined 0.2 percent to 2,814.34.
ARM Holdings Plc (ARM) : The owner of chip technology used in Apple Inc. (AAPL US) iPhones expects to have a 50 percent share of the mobile-device market by 2015, President Tudor Brown said in Taipei. The shares gained 1.4 percent to 572.5 pence.
Fimalac (FIM) : The French financial services company said first-half net income rose 31 percent to 23.1 million euros ($33 million). The shares fell 61 cents, or 2.1 percent, to 27.90 euros.
Glencore International Plc (GLEN LN): Investor Relations Manager Nicholas Bias has left the world’s largest commodities trader, which conducted an initial public offering of shares in May, less than four months after starting in the role, according to a person with knowledge of the matter. The shares gained 0.4 percent to 523.7 pence.
Munich Re (MUV2 GY): The world’s biggest reinsurer may seek more acquisitions in the U.S., the Financial Times Deutschland said, citing management board member Torsten Jeworrek. The newspaper didn’t cite any specific targets. The shares fell 0.7 percent to 105.05 euros.
Reckitt Benckiser Group Plc (RB/) : The maker of Lysol cleaners may sell the personal-care unit it acquired when buying India’s Paras Pharmaceuticals last year, the Business Standard said, citing people it didn’t identify. The stock declined 0.2 percent to 3,392 pence.
Sage Group Plc (SGE) : The U.K. software maker has begun a review of its health-care division that may lead to a sale, the Sunday Times reported, without saying where it got the information. The stock gained 1.4 percent to 286.7 pence.
To contact the editor responsible for this story: Andrew Rummer at firstname.lastname@example.org.