By Sara Sjolin, MarketWatch
LONDON (MarketWatch) -- Here are some of the companies whose
shares are making notable moves in European trade on Wednesday.
Decliners
Banco Santander (SAN) dropped 0.8% after the banking giant said
Chairman Emilio Botín died overnight.
Stora Enso lost 4.3% after Credit Suisse cut the pulp-and-paper
maker to underperform from neutral.
Shares of Sports Direct International lost 1.7% after the
retailer said sales in the first quarter were impacted by England's
"disappointing" World Cup performance.
Shares of Deutsche Lufthansa gave up 0.5% after its pilots at
Munich's airport went on strike, grounding the airline's flights in
and out of the city.
Swatch Group shaved off 2.1% after Apple (AAPL) launched its
long-awaited Apple Watch, which is seen as threat to the Swiss
watch company.
Gainers
Kingfisher added 4% after the home-improvement said Chief
Executive Ian Cheshire will step down and appointed Véronique
Laury, the head of French unit Castorama, as the new CEO.
Fiat SpA climbed 1.4% after the company said Ferrari Chairman
Luca Cordero di Montezemolo will resign. Fiat is a majority
stakeholder of Ferrari.
Barratt Developments climbed 2.8% after the house builder said
full-year pretax profit more than tripled.
Electricite de France rose 1.4% after Goldman Sachs lifted the
French utility firm to buy from neutral.
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