STOCKS NEWS EUROPE-Haulotte falls after sales drop

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11:58GMT 17Feb2009-Haulotte falls after sales drop

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Shares in Haulotte Group (PYHE.PA) fall as much as 9.2 percent after the French maker of material-lifting equipment reports a 27 percent drop in 2008 sales and says it is unable to make clear predictions about 2009.

"This publication is not reassuring," Portzamparc analysts write, citing an acceleration in the revenue decline, margin pressures and the lack of ability to predict developments in the market.

The stock is 5.6 percent lower at 3.40 euros by 1135 GMT, giving the company a market value of around 110 million euros. The shares have dropped 46 percent in the last three months.

Reuters Messaging rm://james.regan.reuters.com@reuters.net

11:56GMT 17Feb2009-FTSE Small Caps down 1 percent by midday

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The FTSE Small Cap Index .FTSC continue to slide lower, down 1 percent, in mid session trade, as the wider UK market also retreats with the FTSE 100 .FTSE down 2.3 percent and the FTSE Mid Caps .FTMC down 2.4 percent.

Spice (SPI.L) extends losses, down 18.5 percent, after the provider of utility support services reports an inline trading update, saying the facilities marketplace and trading at its gas business have continued to soften and that it is cutting costs at both businesses.

Synchronica (DAU.L) rises 12 percent after the provider of mobile email software wins a contract with Nokia Siemans networks, which Finncap says puts the company "at the forefront of push email".

Reuters Messaging rm://david.brett.reuters.com@reuters.net

11:48GMT 17Feb2009-Cape extends falls as sale talks ends