By Carla Mozee, MarketWatch
LONDON (MarketWatch) -- Here are a few companies whose shares
have made notable moves in European trade Wednesday.
Ashtead Group PLC: Shares rose 1.8% after the equipment-rental
company said full-year results should come in ahead of its previous
expectations, following a strong first quarter.
Booker Group PLC: Shares dropped 6% after Germany's Metro AG
said it planned to sell its stake in the British food wholesaler.
Metro has a roughly 9% holding in Booker.
LVMH Moët Hennessy Louis Vuitton: Investors pushed shares up
2.3% as the luxury-goods company reached an agreement to settle its
differences with Hermès International SCA. The conflict stems from
LVMH's accumulation of a significant stake in Hermès, according to
The Wall Street Journal. LVMH will now redistribute its 23% in
Hermès to shareholders. Hermès shares fell 4.4%.
Hargreaves Lansdown PLC: Full-year revenue at the financial
services firm rose 8% to 291.9 million pounds ($481.21 million),
but came in below a Reuters consensus estimate of GBP342 million.
Shares fell 3.2%.
Hugo Boss AG: The German luxury fashion house dropped 5.2% after
private-equity firm Permira said it is selling 7.9 million shares.
The sale represents 11.2% of total share capital, said Hugo Boss in
a Tuesday statement.
Vodafone Group PLC: Stock in the company gained 1.5%. The shares
ended up 1.1% on Tuesday, pushed up late in the session after a
Nikkei newspaper report that Japanese mobile-services company
SoftBank Corp. (9984.TO) may be considering a takeover bid for
Vodafone.
The Stoxx Europe 600 index jumped to intraday highs after Kiev
said it had reached a deal with Russia for a cease-fire in eastern
Ukraine, though both sides later pulled back on the claim.
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