EUROPE MARKETS: Admiral Drops, E.On Rises In European Trading

By Carla Mozee, MarketWatch

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

Shares of insurer Admiral Group PLC lost 5.5%, leading decliners on the FTSE 100 . Shore Capital in a note said with "regulatory clouds still surrounding the industry and U.K. household providing no respite," it is reiterating its sell view on the stock. Separately, Admiral posted a rise in first-half profit, and named Geraint Jones as group chief financial officer and executive director.

E. ON SE shares climbed 4.8% as the German utility confirmed its full-year profit outlook despite the weak start to the year.

G4S PLC popped up 5.3% after the world's largest security company swung to a pretax profit of 85 million pounds ($142.67 million) for the first six months of the year.

Glencore PLC said it produced more copper, coal and oil in the first six months of 2014 than the same period a year ago, but less nickel and zinc. Shares of the miner fell 2.5%.

Rio Tinto PLC fell 1% as the iron ore miner's shares traded without dividend rights.

On the indexes, the Stoxx Europe 600 rose 0.4% 330.02. Germany's DAX 30 climbed 1.4%, recovering from Tuesday's decline that was triggered by weak investor-sentiment data.

France's CAC 40 picked up 0.8% to end at 4,194.79. The FTSE 100 rose 0.4% to 6,656.68, while the pound (GBPUSD) sank against the U.S. dollar as prospects faded for an interest-rate hike before the end of 2014.

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