Aka, Brossard, Burelle, Carrefour, Ipsos: French Equity Preview
The following companies’ shares may be active in Paris. Stock symbols are in parentheses after company names and prices are from the last close.
Akka Technologies SA (AKA) : The engineering company said net income more than doubled to 25.2 million euros in 2011. The company said it expects growth in 2011. The shares climbed 0.7 percent to 19.89 euros.
Brossard SA (ALBRO) : The baker is in exclusive talks to be bought by Limagrain, Le Figaro said, without saying where it got the information. The shares of Brossard rose 5.4 percent to 4.91 euros.
Burelle SA (BUR) The holding company whose units make plastic products and street signs said 2010 net income rose to 75.2 million euros from 14.7 million euros a year earlier. The company said it expects 2011 to be a better year than 2010, provided that “operating conditions are normal.” The shares of Burelle rose 1.4 percent to 218 euros.
Carrefour SA (CA) : The retailer said it renewed its partnership with Coop Atlantique for three years. The two companies haven’t renewed their affiliation contract, Carrefour said in a statement. The shares fell 1.2 percent to 31.91 euros.
Cellectis (ALCLS) SA: The French drug developer and Caisse des Depots et Consignations agreed to invest 12 million euros in a unit of Cellectis. Cellectis rose 0.6 percent to 8.7 euros.
Fashion Bel Air SA (ALFBA FP): The clothing maker said net income fell to 600,000 euros last year from 1.2 million euros. The company plans a dividend of 20 cents a share. The stock shed 0.3 percent to 3.49 euros.
Ipsos SA (IPS FP): The polling company said it agreed to buy the studies unit of The Marketing Group. The unit had $2.6 million in revenue in 2010, Ipsos (IPS) said. The shares of Ipsos fell 0.5 percent to 35.11 euros.
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