By Sara Sjolin, MarketWatch

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

Losers

Carlsberg AS slid 2.7% after the Danish brewer warned that problems in Russia and Ukraine will have a bigger impact on full-year earnings than previously expected.

Balfour Beatty PLC: Shares tumbled 6.9% after the U.K. construction firm rejected a sweetened merger offer from Carillion PLC . Carillion shares lost 2.8%.

Luxottica Group SpA dropped 3% after Kepler Cheuvreux downgraded the Italian eyewear company to hold from buy.

Gainers

Heineken NV (HINKY) shares rallied 7.7% 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.

Shares of Royal Vopak NV surged to the top of the Stoxx Europe 600 index, up 17%, after the tank-storage provider reported better-than-expected second-quarter earnings.

Sydbank AS jumped 7.9% after the Danish lender said it expects core income to increase this year and sees loan losses to be lower than expected.

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