Europe Movers: CSR, Ferrovial, Kingfisher, RBS, TNT Express

Arthi Gupta
30 Nov, 2012
New York City

Ferrovial declared a dividend of 1 euro gross per share. Royal Bank of Scotland canceled its agreement to sell its Indian Retail & Commercial banking operations to HSBC.

[R]11:50 AM Frankfurt – Ferrovial declared a dividend of 1 euro gross per share. Royal Bank of Scotland canceled its agreement to sell its Indian Retail & Commercial banking operations to HSBC.[/R]

British Land Company PLC climbed 0.6% to 546.50 pence after the commercial property developer announced that Aramco Overseas Company UK Ltd, UK affiliate of the Saudi Arabian oil company, has agreed to let 24,392 sq ft of office space at its new West End development at 10 Portman Square.

CSR Plc fell 1.8% to 358.20 pence after the multifunction connectivity provider announced a total of 100,479,558 ordinary shares were tendered and not withdrawn by shareholders and ADS holders.

Ferrovial SA increased 0.6% to €11.37 after the Spanish builder and airport operator’s board declared a dividend of 1 euro per share.

Harvey Nash Group plc soared 4.9% to 58.75 pence after the recruitment firm estimated full-year adjusted profit before tax in the region of 10%, ahead of market expectations.

Hugo Boss AG, the German luxury-clothing manufacturer dipped 0.3% to €80.88 after a broker downgrade.

Kingfisher plc, the home improvement retailer declined 1.8% to 274.10 pence after negative comments from brokers.

Intertek Group Plc, the quality and safety solutions provider rose 1.1% to 3,093 pence after a broker upgrade.

Royal Bank of Scotland Group Plc slid 0.5% to 297.60 pence after the lender canceled its agreement to sell its Indian Retail & Commercial banking operations to The Hong Kong and Shanghai Banking Corporation Ltd.

TNT Express NV inched higher 0.1% to €7.57 after the express delivery company and United Parcel Service Inc. agreed to sell assets and air capacities to meet regulatory requirements to win a merger clearance.