Enter multiple symbols separated by commas

European Stocks to Watch: Belvedere

Shares in Belvedere jumped 7% Friday as the French wine and spirits group said it will sell its Pulco and Sirop Sport businesses to Orangina Group for 178 million euros ($242.9 million).

Belvedere will use the cash to reduce debt and pay out a one-time dividend of 10 euros per share.

The transaction will involve the sale of assets in Poland and Florida, the company said in a statement.

Intercell (Up 3.3%) Traders have been speculating abouta possible takeover of the Austrian vaccine company by Swiss drug maker Novartis, according to Thomson Financial.

EasyJet (Down 2.7%) The British low-cost carrier reported weak revenue results for June, despite posting a 15% increase in traffic growth.

Carlsberg (Down 1.8%) The Danish brewer is interested in buying parts of Swedish state-owned spirits group Vin & Sprit, which the Swedish government plans to sell as part of the country's biggest ever privatization, Swedish newspaper Dagens Industri reported Thursday.

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

  • Hero miles for military members: Real estate magnate's plea

    Chairman of the Fisher House Foundation, Ken Fisher, discusses the Hero Miles program with CNBC's Dina Gusovsky. During Military Appreciation Month, Fisher is asking every traveler to donate 1,000 of their miles to replenish the Hero Miles programs that is in danger of running out.

  • Cramer shuts down this market's haters

    "Mad Money" host Jim Cramer on why this market can't stop, won't stop.

  • From the battlefield to the boardroom

    Your Grateful Nation is dedicated to helping Special Forces veterans enter the corporate world and Knot Standard provides complimentary suits to vets. Mad Money's Jim Cramer spoke with Rob Clapper, Your Grateful executive director; John Ballay, Knot Standard co-founder and president; Tej Gill, retired U.S. Navy Seal; and Darren McB, active duty U.S. Navy Seal.