Enter multiple symbols separated by commas

European Stocks to Watch

Here some of Wednesday's big movers on European stock markets: Alliance Boots, WM Morrison, Sainsbury, Tesco, Volkswagen, EADS, Xstrata and Deutsche Postbank.

Alliance Boots (up 15.77%) British drugs wholesaler and retailer Alliance Boots confirmed on Friday it had received a preliminary approach that may lead to an offer, sending shares soaring on the acquisition speculation.

WM Morrison (up 4.55%), J. Sainsbury (up 1.49%) and Tesco (up 2.07%) lead the FTSE-100 gainers as retail fared well overall. Takeover speculation boosted both Morrison’s and Sainsbury’s.

Volkswagen (up 3.37%) Volkswagen said Friday it expects 2008 pretax profit to be at least 5.1 billion euros, slightly increasing its previous guidance and sending shares higher.

EADS (down 5.23%) Major delays to Airbus' A380 superjumbo that led to a $1.01 billion fourth-quarter loss made 2006 the worst year in European plane builder EADS's history, the co-chief executive officer said Friday.

Xstrata (down 1.90%) The mining sector was off as copper and other base metal prices fell on the FTSE 100, sending shares lower.

Deutsche Postbank (down 1.70%) German mail and logistics firm Deutsche Post expects to make no major acquisitions in 2007, its chief executive said.

Contact U.S. News


    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.

Don't Miss

U.S. Video