By Sara Sjolin, MarketWatch
LONDON (MarketWatch)--Here are companies whose shares made
notable moves in European trade on Thursday.
Gainers
Raiffeisen Bank International AG: Shares of the Austrian bank
rallied 11% after it said falling costs helped lift second-quarter
profit, allowing it to confirm its outlook.
AstraZeneca PLC (AZN) and Sanofi SA climbed 3% and 1.7%,
respectively, after they entered a partnership with Illumina Inc.
(ILMN) to develop a cancer-test system.
Shares of Schroders PLC picked up 2.7% after HSBC lifted the
asset manager to overweight from neutral.
Decliners
Royal Ahold NV lost 0.9% after the Dutch retailer reported a 29%
fall in second-quarter profit, as fierce competition and a weaker
U.S. dollar weighed on margins and sales.
Miners in London slipped after data from China showed factory
activity in the world's second-largest economy weakened to a
three-month low in August. Shares of Anglo American PLC fell 1.3%,
Rio Tinto PLC (RIO) fell 0.7% and BHP Billiton PLC (BHP) dropped
0.4%.
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