Alstom, Renault, EADS, France Telecom: French Equity Preview

By Simon Kennedy

July 7 (Bloomberg) -- The following is a list of companies whose stocks may have unusual changes in Paris. Symbols are in parentheses after company names and prices are from the most recent close.

France's CAC 40 Index sank 77.99, or 1.8 percent, to 4,266 in Paris, for a weekly decline of 3 percent. That's the index's fifth straight weekly drop. The SBF 120 Index decreased 1.7 percent.

Alstom SA (ALO FP): The world's largest train maker is seeking acquisitions in Russia as the country's rail monopoly pursues its biggest modernization since the Soviet era. The stock fell 4.01 euros, or 2.63 percent, to 148.33.

Clarins SA (CLR FP): Shares in the maker of $70 skin-creams will resume trading on July 8, AMF said. They were suspended in Paris on June 26.

Electricite de France SA (EDF FP): The operator of 58 nuclear reactors in France will pursue projects in South Africa, China, the U.K. and the U.S., Chief Executive Officer Pierre Gadonneix said. The stock rose 26 cents, or 0.45 percent, to 58.09 euros.

European Aeronautic, Defence and Space Co. (EADS IX): The company said it's in talks to sell a controlling stake in its Socata light aircraft division to French aerospace-parts supplier Compagnie Daher SA. The stock fell 53 cents, or 4.39 percent, to 11.53 euros.

France Telecom SA (FTE FP): Europe's third-largest telephone company will seek an extra 0.5 percent revenue growth through medium-sized purchases in coming years after failing to buy TeliaSonera AB, Chief Executive Officer Didier Lombard said. The stock fell 30 cents, or 1.47 percent, to 19.82 euros.

Renault SA (RNO FP): Chief Executive Officer Carlos Ghosn said he expects mergers among automakers because car companies' stocks are ``undervalued.'' The stock fell 15 cents, or 0.29 percent, to 52.23 euros.

Societe Generale SA (GLE FP): The French bank stung by a record trading loss was fined 4 million euros ($6.3 million) by the country's Banking Commission for failing to comply with rules on internal controls. The stock fell 1.41 euros, or 2.51 percent, to 54.81 euros.

Total SA (FP FP): Europe's third-largest oil company wants to develop nuclear power partnerships, Chief Executive Officer Christophe de Margerie said. The stock fell 30 cents, or 0.55 percent, to 51.25 euros.

To contact the reporter on this story: Simon Kennedy in Paris at Skennedy4@bloomberg.net.