By Sara Sjolin, MarketWatch
NEW YORK (MarketWatch)—Here are some of the companies whose shares made notable moves in European trading on Thursday.
Banks were among major gainers in Europe after the European Central Bank said eurozone banks borrowed 82.6 billion euros ($106.9 billion) in the first round of targeted long-term refinancing operation, also known as TLTRO. The uptake was lower than expected, which some analysts argued was because the banks might wait on TLTRO until after their asset-quality review and stress test results. In addition, economists noted that the weak demand could add more pressure on the ECB to launch a full-scale quantitative-easing program.
Shares of Banco Santander SA /zigman2/quotes/205677933/delayed ES:SAN +0.46% /zigman2/quotes/202859081/composite SAN +1.63% rose 1.1%, BNP Paribas SA /zigman2/quotes/206351084/delayed FR:BNP -0.06% picked up 0.9%, Société Générale SA /zigman2/quotes/206663756/delayed FR:GLE +2.63% climbed 1.4% and Commerzbank AG /zigman2/quotes/200193353/delayed DE:CBK +2.57% added 1.3%.
Randstad Holding NV /zigman2/quotes/202421454/delayed NL:RAND +0.91% jumped 3% after Citigroup lifted the recruitment agency to neutral from sell.
EasyJet PLC /zigman2/quotes/202825892/delayed UK:EZJ +2.41% rose 0.5% after the cut-rate airline said Thursday that it would increase its dividend payout more than 20% and buy 27 more Airbus Group NV /zigman2/quotes/203968255/delayed DE:AIR +0.03% jets.
Shares of chemicals and drug maker Bayer AG /zigman2/quotes/210533053/delayed DE:BAYN -3.03% gained 6.2% as investors welcomed news that the company plans to spin off its plastics business to focus entirely on its life-sciences operations.
Tate & Lyle PLC /zigman2/quotes/205109332/delayed UK:TATE +0.48% put on 3.7% after Exane BNP Paribas raised the sugar maker to neutral from underperform.
Siemens AG /zigman2/quotes/200873563/delayed DE:SIE -0.09% dropped 0.4% after Exane BNP Paribas cut the German industrial conglomerate to neutral from outperform.
Miners were giving back ground in London as gold /zigman2/quotes/210039467/delayed GCZ24 0.00% and other precious- and base-metal prices fell. In the wake of the Fed, a rising dollar knocked gold back to levels not seen since January. Shares of Fresnillo PLC /zigman2/quotes/201300065/delayed UK:FRES -0.50% fell 1.9%, Randgold Resources Ltd . dropped 2.6%, and heavyweight Rio Tinto PLC /zigman2/quotes/208934945/delayed UK:RIO -1.20% /zigman2/quotes/202627887/composite RIO +0.25% slipped 0.3%.