European Movers: Alcatel-Lucent, Siemens, Novo Nordisk

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21bn, commission income of SEK3.80bn vs SEK3.99bn, EBIT of SEK2.41bn vs SEK2.53bn, fair loss of SEK161m vs SEK253m, total costs of SEK6.03bn vs SEK5.83bn, loan losses of SEK368m vs SEK384m, and market-to-market losses in fixed income portfolio of SEK872m in P&L and SEK1.63bn in equity. Costs came in 2% higher than anticipated, due to investment growth, IT infrastructure and increased pension expenses, Co says. Sees signs of real economy to be affected due to market turmoil.

DANSKE BANK Up DKK3.00 to DKK165.75... Sampo integration costs / Deutsche downgrades - According to Finnish broadcaster Yle, CEO Peter Straarup says that the integration of Sampo Bank into its computer system will cost more than expected. Saying that the figure could be up to DKK500m. Adds that in the last month Sampo Bank has lost over 5,000 customers due to issues with the computer system and that the amount spent on waiving customer fees to placate inconvenienced Finnish customers would exceed EUR 10m. As an apology Co. says it would cancel private customer services fees for Jun-Sept.

SPAIN

BME Up EUR 1.90 to EUR 32.25... 1Q08 results beat forecasts - Co. reports 1Q08 revenues of EUR 99.59m, operating costs of EUR 23.83m, EBITDA of EUR 75.8m and net profit of EUR 55.43m. Numbers are above Reuters consensus expectations.

REPSOL YPF Down EUR 0.05 to EUR 26.04... YPF listing may be delayed - website - The listing of 20% of YPF may have to be delayed to the second half of the year, BolsaCinco reports. Notes the listing was due to take place in June, but market conditions are unfavourable at the moment. Co. has said that a group of union leaders has occupied a plant in southern Argentina.

SWITZERLAND

CLARIANT Up CHF1.85 to CHF11.42... Shares jump as 1Q op. margin improves - Co.'s 1Q net profit halves coming in at CHF41m as higher raw material costs weighed. The number met a Reuters consensus. CEO Jan Secher commented that the measures initiated to improve operational performance have started to show a positive impact. The operating margin before exceptionals rises to 7.9% from 7.1% in 1Q07.

PETROPLUS Down CHF1.15 to CHF64.85... JP Morgan downgrades to underweight from neutral and cuts target price to CHF64 from CHF78. Broker expects a weak quarter from Co. in 1Q08 as high NWE distillate margins were offset by weak gasoline and fuel oil cracks and high crude costs. As in the previous two quarters, thinks headline profits will include large inventory gains which must be stripped out to give an underlying figure comparable with the peer group.

This content is written by S&P MarketScope Europe (EMS), an equity newswire. Reporters are: Pawan Girglani, Emma Gonzalez, Julien Manrique, Sara Oscarsson, Rocio Opazo-Aniotz, Gaurav Panchal, Claudia Perotti, Michael Sanderson, Emma Stevenson, John West, Isabell Witt .