Oct. 5 (Bloomberg) -- The following companies’ shares may have unusual moves in European trading. Stock symbols are in parentheses.
The Stoxx Europe 600 Index fell 2.8 percent to 217.46. The Stoxx 50 Index sank 2.2 percent to 2,090.56. The Euro Stoxx 50 Index, a benchmark measure for nations using the euro, lost 2.2 percent to 2,091.09.
Bayerische Motoren Werke AG (BMW GY): The world’s largest maker of luxury vehicles wants to build a plant in Sao Paulo to locate output close to suppliers and will put the plan to its supervisory board for approval at the beginning of December, Handelsblatt reported, citing an unidentified BMW executive. The shares declined 4.4 percent to 45.04 euros.
BP Plc (BP/ LN): Europe’s second-largest oil company may finish drilling its Itaipu well off the coast of Brazil this month, the head of operations in the South American country said. The stock dropped 3.8 percent to 372 pence.
European Aeronautic Defence & Space Co. (EAD FP): The Airbus SAS parent company said it’s having a “very good year” in 2011. The shares fell 5.2 percent to 19.83 euros.
M6-Metropole Television SA (MMT FP): The broadcaster said September was its best monthly performance in two years. The shares fell 3.9 percent to 11.41 euros.
ProSiebenSat.1 Media AG (PSM GY): The Red Arrow unit of Europe’s second-largest broadcaster wants to boost its sales to more than 100 million euros this year from 60 million euros in 2010, Handelsblatt reported, citing Jens Richter, the division’s group director. The shares dropped 4.7 percent to 12.30 euros.
Royal Dutch Shell Plc (RDSA LN): Europe’s largest oil company has started selling natural gas to state-run Petroleo Brasileiro SA from its BC-10 offshore block in deep waters of the South American country’s Campos Basin, Fabio Rodrigues, Shell’s Brazil manager for external affairs, said in Rio de Janeiro. The shares fell 1.9 percent to 1,928.5 pence.
Wendel SA (MF FP): The manufacturing investment company said it completed the acquisition of Mecatherm at an enterprise value of about 170 million euros. The shares fell 5.2 percent to 43.12 euros.
--Editor: Jeff Sutherland
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