Enter multiple symbols separated by commas

European Stocks to Watch: EADS

Shares in Airbus owner EADS fell 2.0%, as details about the European planemaker's Power8 restructuring program were due to released to its unions Tuesday.

Airbus is in the process of cutting 10,000 jobs and selling factories, after delays in its key A380 plane cost the company potentially millions of dollars in sales to its U.S. rival Boeing.

Airbus President Louis Gallois hinted at a potential new customer for the A380 Monday, to coincide with the June 18-22 air show in Paris, but the announcement failed to lift the company's stock.

Carphone Warehouse (Up 7.1%) Shares in the mobile-phone retailer rose as full-year pre-tax profit came in above analysts' expectations and the group said the outlook was positive.

Clariant (Down 3%) Speculation that the Swiss chemicals company could be taken over by its German rival fell flat as Lanxess CEO Axel Heitmann denied it had any such plans.

United Utilities (Up 3.1%) The U.K. utility is being included in the overall investment frenzy of the British water sector, as the sale of its electricity-distribution assets could see the company become a more attractive takeover target.

Merck (Down 1.6%) Trials of German drug maker Merck showed positive results for its cancer drug Erbitux, developed by U.S. biotech Imclone, but the news failed to boosted the company's stock.

Commerzbank (Up 0.5%) Market speculation that Citigroup could bid 45 euros ($60.75) a share for Commerzbank saw the German bank top the DAX 30 share index, although it declined to comment on rumors, Reuters reported.

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

  • The end zone

    Sports are big business in this country. ESPN's Jemele Hill and Forbes Executive Editor Mike Ozanian discuss "Deflategate," NFL Commissioner Roger Goodell's battles as he deals with the NFL's future, and the fight for sports eyeballs and ratings.

  • Corona Beer

    Brewing companies are considering increasing prices on a wide range of beers.

  • J.K. Rowling

    J.K. Rowling turned 50 on Friday and her reign as literary queen is stronger than ever.

U.S. Video