EUROPE MARKETS: Carlsberg Slumps In Europe After Profit Warning

By Sara Sjolin, MarketWatch

LONDON (MarketWatch) -- Here are some companies whose shares made notable moves in European trade on Wednesday.

Losers

Carlsberg AS slid 4.2% after the Danish brewer warned that problems in Russia and Ukraine will have a bigger impact on full-year earnings than previously expected.

BHP Billiton PLC(BHP) added to its 4.9% loss from Tuesday and shed 0.4% after Credit Suisse cut the miner to underperform from neutral.

Balfour Beatty PLC: Shares tumbled 7.5% after the U.K. construction firm rejected a sweetened merger offer from Carillion PLC . Carillion shares lost 2.8%.

Luxottica Group SpA dropped 4.7% after Kepler Cheuvreux downgraded the Italian eyewear company to hold from buy.

Gainers

Vestas Wind Systems AS shares climbed 2.8% after the the wind-turbine maker said it swung to a net profit in the second quarter amid stronger demand for its turbines.

Heineken NV (HINKY) shares rallied 6.3% after the Dutch brewer said it expects organic revenue and profit to keep growing in the second half of the year, albeit at a slower pace than in the first six months.

Sydbank AS jumped 7.1% after a well-received earnings report from the Danish lender.

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