Economic Calendar

Tuesday, November 4, 2008

Bigben, Eurotunnel, Gameloft, Imerys: French Stocks Preview

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By Laurence Frost

Nov. 4 (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 advanced for a fifth day, climbing 40.9, or 1.2 percent, to 3,527.97 in Paris. The SBF 120 Index gained 1.2 percent.

Bigben Interactive SA (BIG FP): The video-game designer reported a 27 percent rise in second-quarter sales to 20.9 million euros and said it expects to raise its full-year operating profit target. The shares added 12 cents, or 1.9 percent, to 6.59 euros.

Groupe Eurotunnel SA (GET FP): The operator of the undersea rail link between England and France said it spent 10.1 million euros buying back 1.67 million of its own shares in October. The shares fell 5 cents, or 0.9 percent, to 5.30 euros.

Gameloft (GFT FP): Europe's biggest maker of games for mobile phones said third-quarter revenue rose 8.3 percent to 26.2 million euros and forecast a ``strong spurt'' in fourth- quarter sales. The company also announced a licensing accord for mobile games based on the Spider-Man and Iron Man 2 franchises. The shares rose 4 cents, or 1.5 percent, to 2.69 euros.

Imerys SA (NK FP): The world's biggest producer of minerals used to whiten paper and add colors to paint reports third- quarter earnings before the market opens in Paris. Operating profit may have fallen 5 percent to 113 million euros, according to the median of seven analyst estimates, on higher energy costs. The shares closed unchanged at 35.50 euros.

M6-Metropole Television SA (MMT FP): France's second- largest commercial broadcaster reports third-quarter revenue after the market close in Paris. Sales may have slipped 1.1 percent to 270.9 million euros, according to the median of six analyst estimates, as advertising revenue declined for its main television channel. The shares gained 44 cents, or 3.6 percent, to 12.74 euros.

Osiatis SA (OSA FP): The computer services company reported a 2.7 percent increase in third-quarter revenue and said it expects full-year sales to rise from 2007 levels. The shares rose 11 cents, or 6.3 percent, to 1.86 euros.

SeLoger.com SA (SLG FP): France's largest provider of online real-estate advertisements hired Roland Tripard as chief executive, replacing Jean-Fabrice Mathieu who will leave the group at the end of the year. The shares dropped 5 cents, or 0.3 percent, to 14.65 euros.

SA des Ciments Vicat (VCT FP): The cement maker said nine- month revenue fell 3.1 percent to 1.58 billion euros and forecast a sharper-than-expected decline in its full-year operating profit margin. The shares gained 1.50 euros, or 5.6 percent, to 28.50 euros.

To contact the reporter on this story: Laurence Frost in Paris at lfrost4@bloomberg.net.


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