The Paris Bourse always oriented

November 18, 2009 - 6:40 pm Comments Off

Around 13:30, the CAC 40 rose 0.65% to 3854 points. The Paris market evolves in the wake of Wall Street on Tuesday evening to up again. While the results Saioni nearing its end, Investors will pay attention to economic indicators. On the macroeconomic front, the United States will issue 14.30 for the month of October, the inflation figures, building permits, housing starts in October, and 16:30, the weekly oil inventories. James Bullard, president of the Fed of St. Louis, will hold a speech on the economy and monetary policy to 15.15.

In the Direct Matin newspaper, Michel Rocard said that financing for large loan of 35 billion euros will be made exclusively "to market" and not from individuals. "A good decision" for the Economy Minister Christine Lagarde.

Values follow

AXA is the largest increase of ACC, with a gain of 3.58%. The title wins nearly 6% since the beginning of the week. The insurance group has announced the resignation of Claude Brunet of his mandate as member of the Board and stated that "the future organizational arrangements" would be announced in coming weeks.

EDF gained 1.63%. Henri Proglio, the new head of the electrician wants to organize a complete overhaul of the French nuclear industry, according to him too dispersed, said the daily Les Echos. It calls into question the integrated model of Areva and advocates the opening of the capital of the subsidiary group nuclear reactors, Areva NP.

Standard & Poor's maintained unchanged credit notes long and short-term "BBB" and "A-2" Vivendi (+0.15%) after the announcement of launching a takeover bid for the Brazilian carrier GVT.

In an interview with the newspaper Les Echos, Fran?ois-Henri Pinault, CEO of PPR (1.50%), confirms not intend to pay special dividend after the IPO of its subsidiary CFAO. He said the group has no plans to divest or put on the market Conforama, Fnac and Redcats.

Out ACC, the ISP plans to invest around 25 million euros for the two capital increases of NicOx (1.49%). The company plans a private placement of new shares amounting to approximately 20 to 30 million euros.

Soitec (-5.05%) posted a net loss of 19.4 million euros in H1. Gross margin was 8% on a turnover of 94.2 million.

Scor (-1.21%) intends to appeal the decision of the Competition National Competition Spanish in a matter of agreement between supposedly different insurance and reinsurance practicing in Spain.His fine amounts to 18.6 million euros.

Finally, Faurecia loses 2.11% after announcing the launch of a bond issue of an initial amount of about 175 million euros, with the aim of strengthening its structure and financial flexibility.

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