By Carla Mozee, MarketWatch
LONDON (MarketWatch) -- Here are some of the companies whose
shares are making notable moves in Tuesday's European trading
session.
Gainers
Philips NV climbed 2% as the Dutch conglomerate said it will
split into two new companies -- a lighting business and a
health-care and consumer-lifestyle company.
Yara International: shares of the Norwegian chemical company
gained 7% after the company said it's discussing a merger with U.S.
fertilizer producer CF Industries (CF).
Decliners
Barclays PLC shares were down 1%. The U.K.'s financial regulator
fined the British bank nearly 38 million pounds ($62.2 million) for
putting client money at risk. Barclays said, according to The Wall
Street Journal, that it accepts the regulator's findings, but that
it didn't profit from the issue and that no customers lost out.
Raiffeisen Bank International AG dropped 12% after the Austrian
bank issued a profit warning largely the ongoing Ukraine crisis has
driven it towards a net loss this year.
Stock in Tate & Lyle PLC tumbled 16% after the food
ingredients maker issued its second profit warning this year,
citing weaker selling prices and ongoing supply-chain issues.
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