By Sara Sjolin, MarketWatch
LONDON (MarketWatch)—Here are some companies whose shares are making notable moves in European trade on Thursday.
Cable & Wireless Communications PLC slumped 7.4% after the U.K. telecom firm agreed to buy Columbus International Inc. for $1.85 billion.
RSA Insurance Group PLC lost 5% after the company posted a decline in net written premiums.
Veolia Environnement SA /zigman2/quotes/200641726/delayed FR:VIE +1.07% gained 3% after the water and waste-management company said it was confident for the year ahead and posted a rise in nine-months profit and sales.
Wm Morrison Supermarkets PLC jumped 6.2% after the food retailer reiterated its full-year profit outlook and said it sees progress in some key areas.
Shares of Inmarsat PLC climbed 1.3%. The satellite telecom firm posted a big jump in third-quarter pretax profit, partly thanks to the absence of a large impairment loss.
Beiersdorf AG /zigman2/quotes/210479173/delayed DE:BEI -0.62% jumped 6.3% after the beauty-products firm reported third-quarter results that weren’t as grim as expected.
Shares of Experian PLC /zigman2/quotes/210252954/delayed UK:EXPN +1.25% climbed 6.3% after the credit-checking company posted an 11% rise in profit for the first six months of the year.
Shares of Randgold Resources Ltd. jumped 8.2% after the gold producer reported a rise in third-quarter profit, as higher output offset lower gold prices.
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