By Carla Mozee, MarketWatch
LONDON (MarketWatch) -- Here are a few companies whose shares
made notable moves in European trade Wednesday.
Ashtead Group PLC: Shares rose 3.6% 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 6.9% 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
2.9% 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 3.4%.
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 5.8%.
Hugo Boss AG: The German fashion house dropped 5.7% 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.
The Stoxx Europe 600 index rose 0.7% on the prospect that Kiev
and Moscow are moving toward a cease-fire deal for eastern
Ukraine.
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
