Economic Calendar

Friday, October 3, 2008

Canal Plus, Eurologic, Ingenico, Vinci: French Stocks Preview

Share this history on :

By Helene Fouquet

Oct. 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 91.26, or 2.3 percent, to 3,963.28 in Paris, ending a two-day rally. The SBF 120 Index decreased 2.2 percent.

Canal Plus (AN FP): The pay-television unit of Vivendi SA and France's two biggest broadcasters Societe Television Francaise 1 (TFI FP) and M6-Metropole Television (MMT FP) are protesting a government decision to give state television 450 million euros in financing for 2009. Canal Plus shares fell 3 cents to 6.20 euros, TF1 added 29 cents, or 2.3 percent, to 12.67 euros and M6 dropped 4 cents to 15.46 euros.

Groupe Eurologic (ALEUR FP): The industrial engineering company said full fiscal year net income jumped to 4.1 million euros from 1.9 million euros a year earlier. The shares lost 9 cents, or 1.6 percent, to 5.40 euros.

Euro Ressources SA (EUR FP): Iamgold Corp.'s 1.20 euros a share bid for the gold and diamond exploration company was approved by the French stock market regulator and will begin Oct. 6. The shares dropped 2 cents, or 1.7 percent, to 1.15 euros.

Ingenico SA (ING FP): The world's largest maker of payment terminals hired Jacques Behr to be managing director of its French unit. The shares declined 1.05 euros, or 6.1 percent, to 16.18 euros.

Vinci SA (DG FP): The world's biggest construction company and Eiffage SA (FGR FP) completed arrangement to finance the Prado Sud tunnel in Marseilles for 189 million euros. Vinci shares lost 90 cents, or 2.8 percent, to 31.60 euros, and Eiffage declined 71 cents, or 1.9 percent, to 37.19 euros.

To contact the reporter on this story: Helene Fouquet in Paris at hfouquet1@bloomberg.net.


No comments: