Air France, Neovacs, Devoteam: French Equity Preview

The following is a list of companies whose shares may have unusual price changes in Paris. Stock symbols are in parentheses after company names and prices are from the last close.

France’s CAC 40 Index fell 1.6 percent to 3,802.03 at the 5:30 p.m. close of trading in Paris today. The SBF 120 Index also declined 1.6 percent.

Air France-KLM Group (AF FP): Europe’s biggest carrier said Saudi Arabia’s state-owned Saudi Arabian Airlines signed an agreements to join the SkyTeam alliance in 2012. Air France shares fell 2.5 percent to 14.63 euros.

Devoteam SA (DVT FP): The network-services company was downgraded to “add” from “buy” at Oddo & Cie. The stock fell 2.3 percent to 18.80 euros.

Neovacs SA (ALNEV FP): The developer of treatments for inflammatory diseases said it had started a phase II study of TNF-Kinoid in patients with Crohn’s disease. The shares fell 0.7 percent to 2.80 euros.

Trigano SA (TRI FP): The maker of trailers and caravans will hold its annual shareholders meeting. The stock rose less than 0.1 percent to 24.41 euros.

To contact the reporter on this story: Alan Katz in Paris at akatz5@bloomberg.net.

To contact the editor responsible for this story: Melissa Pozsgay at mpozsgay@bloomberg.net.

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