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June 28 (Bloomberg) -- Shares of the following companies may have unusual moves in European trading. Stock symbols are in parentheses.
The Stoxx Europe 600 Index rose less than 0.1 percent to 264.01. The Stoxx 50 Index gained 0.1 percent to 2,487.03. The Euro Stoxx 50 Index, a benchmark measure for nations using the euro, advanced 0.3 percent to 2,723.93.
AstraZeneca Plc (AZN LN): Heart patients taking AstraZeneca Plc’s Brilinta blood-thinner and more than 300 milligrams of aspirin fared worse than those taking Sanofi and Bristol-Myers Squibb Co.’s Plavix, according to a new analysis of a study. The stock fell 1.1 percent to 3,026 pence.
Corporacion Financiera Alba SA (ALB SM): The holding company said in are regulatory filing it bought a 2 percent stake in Ebro Foods SA (EBRO SM) for 51.9 million euros ($74.06 million), boosting its holding to 8.1 percent. Alba shares rose 1.4 percent to 36.68 euros. Ebro’s stock gained 0.5 percent to 15.51 euros.
Ferrovial SA (FER SM): BAA Ltd., a London-based unit of the Spanish builder, appointed Normand Boivin as its chief operating officer for London Heathrow airport, the busiest in Europe. Boivin, currently operations director at Aeroports de Montreal, joins Aug. 29, BAA said in a statement. The stock rose 1.6 percent 8.23 euros.
Kesa Electricals Plc (KESA LN): Europe’s third-largest electronics retailer said its largest shareholder, Knight Vinke Asset Management LLC, increased its holding in the company. The stock retreated 1 percent to 132.7 pence.
London Stock Exchange Group Plc (LSE LN): Mawer Investment Management Ltd. voted against London Stock Exchange Group Plc’s takeover offer for TMX Group Inc. The stock fell 1.1 percent to 937 pence.
Northumbrian Water Group Plc (NWG LN): The U.K. utility’s board said it hasn’t received any proposal from Cheung Kong Infrastructure Holdings Ltd. (1038 HK), which had announced that it is in the preliminary stages of assessing a potential cash offer for Northumbrian Water. The stock jumped 8 percent to 413.50 pence.
TomTom NV (TOM2 NA): Europe’s largest maker of portable navigation devices forecast per-share earnings of 25 cents to 30 cents this year. That compares with an April prediction for earnings to be “flat” compared with 49 cents a share in 2010. The shares advanced 0.1 percent to 4.89 euros.
--Editor: Stephen Kleege
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