Economic Calendar

Thursday, July 3, 2008

Eramet, EADS, Icade, Ingenico, Trigano: French Stocks Preview

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By Francois de Beaupuy

July 3 (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 last close.

France's CAC 40 Index slid 44.73, or 1 percent, to 4,296.48 in Paris, declining for a second day. The SBF 120 Index retreated 1.1 percent.

Eramet SA (ERA FP): The mining company's main shareholder, the Duval family, has started selling part of its 37 percent stake, Challenges magazine reported without saying where it got the information. The shares fell 75.88 euros, or 13 percent, to 500 euros.

European Aeronautic, Defence & Space Co. (EAD FP): Gustav Humbert, the former chief executive officer of the company's Airbus SAS unit, was charged with insider trading for selling shares before disclosing production delays on the company's A380 superjumbo airliner. The shares declined 15 cents, or 1.3 percent, to 11.74 euros.

Icade SA (ICAD FP): The real-estate company bought three clinics and a convalescent center in France from 3H for 76 million euros. The shares dropped 20 cents, or 0.3 percent, to 72 euros.

Ingenico SA (ING FP): The world's largest maker of payment terminals plans to spend as much as 8 million euros buying back its own shares through Sept. 17. The shares fell 31 cents, or 1.4 percent, to 21.38 euros.

Publicis Groupe SA (PUB FP): The owner of the Saatchi & Saatchi and Leo Burnett advertising agencies agreed to buy Kekst and Company Inc., a New York-based public relations firm. The shares declined 53 cents, or 2.6 percent, to 19.52 euros.

Trigano SA (TRI FP): The maker of recreational vehicles reported an 11 percent decline in fiscal third-quarter sales to 248.7 million euros and said it is ``adapting'' production in line with slower sales of leisure vehicles. The shares fell 10 cents, or 0.8 percent, to 13.25 euros.

To contact the reporter on this story: Francois de Beaupuy in Paris at fdebeaupuy@bloomberg.net.


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