By Sara Sjolin, MarketWatch
LONDON (MarketWatch) -- Here are some of the companies whose
shares made notable moves in European trade Monday.
Gainers
Shares of Electrolux jumped 5.9% to the top of the Stoxx 600
after the Swedish household-appliances maker agreed to buy General
Electric's (GE) appliance division for $3.3 billion. Analysts at
Kepler Cheuvreux said in a note that the deal is very positive for
Electrolux, as it helps the firm get a stronger foothold in North
America and Latin America.
ArcelorMittal rose 1.8% as Kepler Cheuvreux lifted the
steelmaker to buy from reduce.
Lundin Petroleum added 1.1% as Deutsche Bank raised the oil and
gas explorer to buy from hold.
Decliners
Associated British Foods dropped 4.9% after the food and
clothing company said full-year revenue from its sugar division is
expected to be lower than a year ago.
U.K. banks were hit hard by renewed jitters about the Scotting
referendum on Sept. 18, after a poll over the weekend showed the
pro-independence camp was in the lead for the first time. Shares of
Lloyds Banking Group (LYG) fell 3.3%, Royal Bank of Scotland Group
(RBS) lost 2.9% and Barclays (BCS) slipped 1.9%.
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