EdF, Eurotunnel, Natixis Pernod Ricard: French Stocks Preview

By Simon Kennedy

Sept. 22 (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.

The benchmark CAC 40 on Sept. 19 soared 367.01, or 9.3 percent, to 4,324.87, the steepest one-day rally ever. The SBF 120 Index climbed 9 percent.

Electricite de France SA (EDF FP): Europe's largest power utility, said it is still studying how to build its nuclear business in the U.S. after its partner, Constellation Energy Group Inc., agreed to be bought by MidAmerican Energy Holdings Co. The stock rose 3.65 cents, or 7.72 percent, to 50.83 euros.

Groupe Eurotunnel SA (GET FP): The operator of the undersea rail link between England and France, said the reopening of 17 kilometers (11 miles) of track today will enable it to increase the number of trains to almost 170 a day. The stock rose 34 cents, or 4.19 percent, to 8.45 euros.

MG International SA (ALMGI FP): The French maker of swimming pool alarms and other security devices, said it needs to raise new funding to offset losses in France and the U.S. and allow the company to meet its targets through 2010. The stock rose 54 cents, or 13.64 percent, to 4.50 euros.

Natixis SA (KN FP): Chief Executive Officer Dominique Ferrero told Investir that the company's stock price doesn't reflect the value of France's fourth-largest bank. ``The stock doesn't reflect the worth of the bank,'' Ferrero told the French newspaper in an interview. The stock rose 62 cents, or 25.31 percent, to 3.07 euros.

Pernod Ricard SA (RI FP): The distiller's Absolut vodka brand is ``very profitable,'' Chief Executive Officer Patrick Ricard told Le Journal des Finances in an interview. The stock rose 2.93 euros, or 5.23 percent, to 58.82 euros.

Suez Environnment SA (SEV FP): Europe's second-biggest water company enters the CAC 40 today. The stock rose 98 cents, or 5.44 percent, to 18.98 euros.

To contact the reporter on this story: Simon Kennedy in Paris at skennedy4@bloomberg.net.