Economic Calendar

Monday, August 18, 2008

Auto Escape, Belvedere, CCA International: French Stock Preview

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By Fabio Benedetti-Valentini

Aug. 18 (Bloomberg) -- The following is a list of companies whose stocks may have unusual price changes in Paris. Symbols are in parentheses after company names and prices are from the last close.

France's benchmark CAC 40 Index rose 32.71 points, or 0.7 percent, to 4,453.62. The broader SBF 120 Index gained 0.8 percent at 3,222.26.

Auto Escape SA (ALAUT FP): The car-rental broker has 7.6 million euros ($11.2 million) to spend on takeovers in the U.K. and Germany, Chief Financial Officer Jean-Christophe Brun told Le Journal des Finances. The stock rose 3 cents, or 1.1 percent, to 2.88 euros.

Belvedere SA (BVD FP): The maker of Sobieski vodka said first-half sales increased 25 percent to 577.5 million euros. The stock fell 20 cents, or 0.3 percent, to 75.80 euros.

CCA International SA (CCA FP): The provider of client- relation services said first-half net income declined because of the pound's drop and ``technical problems'' at two French production sites in the second quarter. The shares gained 1 cent, or 0.2 percent, to 5.60 euros.

To contact the reporter on this story: Fabio Benedetti-Valentini in Paris at Fbenedettiva@bloomberg.net.


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