By Sara Sjolin, MarketWatch
LONDON (MarketWatch) -- Here are some of the companies whose
shares made notable moves in European trade on Wednesday.
Decliners
Stora Enso lost 3.8% as 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.
Swatch Group shaved off 1.8% after Apple (AAPL) launched its
long-awaited Apple Watch, which is seen as threat to the Swiss
watch company.
Banco Santander (SAN) shed 0.7% after the banking giant said
Chairman Emilio Botín had died overnight and it had appointed Ana
Patricia Botín, the former chairman's daughter, to succeed him as
head of the bank.
Gainers
Kingfisher jumped 4.3% 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 1.9% as Ferrari Chairman Luca Cordero di
Montezemolo resigned, to be replaced by the chief executive of
Fiat. Fiat owns 90% of Ferrari.
Barratt Developments climbed 2.8% after the house builder said
full-year pretax profit more than tripled.
Electricite de France rose 1.3% after Goldman Sachs lifted its
view on the French utility firm to buy from neutral.
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