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 2% after the banking giant said
Chairman Emilio Botín died overnight.
Stora Enso lost 2.8% after Credit Suisse cut the pulp-and-paper
maker to underperform from neutral.
Shares of Sports Direct International lost 2% after the retailer
said sales in the first quarter were impacted by England's
"disappointing" World Cup performance.
Shares of Deutsche Lufthansa gave up 1.1% after its pilots at
Munich's airport went on strike, grounding the airline's flights in
and out of the city.
Gainers
Kingfisher added 3% 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 2.1% after the company said Ferrari Chairman
Luca Cordero di Montezemolo will resign. Fiat is a majority
stakeholder of Ferrari.
Shares of Investment AB Kinnevik put on 0.8% after Rocket
Internet, which is partly owned by Kinnevik, announced plans for an
initial public offering.
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