EUROPE MARKETS: Ryanair Gains, STMicroelectronics Loses: European Movers
28 August 2014 - 7:34AM
Dow Jones News
By Sara Sjolin, MarketWatch
LONDON (MarketWatch) -- Here are the companies whose shares are
making notable moves in European trade on Wednesday:
Gainers
Shares of Ryanair Holdings PLC climbed 3.4% after the budget
airline detailed new plans to attract more business travelers.
Polymetal International PLC added 3.4% after the gold and silver
miner said it swung to a profit in the first half of the year.
RWE AG picked up 0.6% after Deutsche Bank lifted the utility
company to hold from sell.
Decliners
Shares of United Utilities Group PLC dropped 1.3% after Bank of
America Merrill Lynch cut the stock to underperform.
STMicroelectronics NV lost 0.8% after Credit Suisse initiated
coverage of the chip maker with an underperform rating. The
analysts argued that the company's midterm margin target looks
challenging.
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