Dec. 6 (Bloomberg) -- Shares of the following companies may have unusual moves in European trading. Stock symbols are in parentheses.
The Stoxx Europe 600 Index rose 0.8 percent to 242.75. The Stoxx 50 Index increased 0.6 percent to 2,324.78. The Euro Stoxx 50 Index, a benchmark measure for nations using the euro, gained 1.2 percent to 2,369.39.
Finmeccanica Spa (FNC IM): Italy’s biggest defense company had its long-term credit rating cut to BBB- with a “negative outlook” from BBB by Standard & Poor’s, which cited lower earnings and restructuring of some of its divisions. The stock rose 9.8 percent to 3.56 euros.
RWE AG (RWE GR): Germany’s second-largest utility company is seeking to raise about 2.1 billion euros ($2.8 billion) to cut debt by selling 80.4 million shares at 26 euros to 27.5 euros, according to a term sheet obtained by Bloomberg News. The stock fell 5.1 percent to 28.35 euros.
UBS AG (UBSN VX): Switzerland’s largest bank and Citigroup Inc. are marketing $673.9 million of bonds backed by commercial mortgages, as banks clear their books of stockpiled loans. The stock added 0.4 percent to 11.4 francs.
Veolia Environnement SA (VIE FP): The Paris-based utility company will unveil tomorrow plans to “disengage” from its 50 percent holding in Veolia Transport, Le Figaro reported, without citing anyone. The stock advanced 1.2 percent to 9.52 euros.
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