
European stocks to watch: sonae, next, fortis, dexia, telenor and metro
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Here some of Thursday's big movers on European stock markets: Sonae, Next, Fortis, Dexia, Telenor and Metro. SONAE (up 6.10%) Portuguese conglomerate Sonae’s shares jumped after UBS
lifted its target price for the stock, traders told Reuters on Thursday. NEXT (up 4.44%) Britain’s second-largest clothing retailer is up after posting full-year net profit earnings that
beat analysts’ expectations. FORTIS (up 4.44%) and DEXIA (up 3.74%) Shares of Fortis and Belgium bank Dexia are up on talk of Dutch group ING looking to make a possible acquisition. TELENOR
(down 2.13%) The Norwegian telecoms group cut earnings and revenue forecasts late Wednesday. METRO (down 0.32%) German retailer Metro’s shares continued to slide on the company’s weak profit
report, which arrived Wednesday.