Belvedere, Carrefour, EADS and L’Oreal: 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 benchmark CAC 40 Index (CAC) fell 0.9 percent to 3,774.12, while the broader SBF 120 Index (SBF120) dropped 0.9 percent to 2,854.39.

Belvedere SA (BVD) : Jacques Rouvroy, chief executive officer of the vodka maker, was fined 100,000 euros ($140,000) by France’s financial-markets regulator for manipulating the company’s stock price. The shares declined 4.2 percent to 51.35 euros.

Carrefour SA (CA) : Brazil’s national development bank, BNDES, will release a statement withdrawing its participation in the merger of Companhia Brasileira de Distribuicao Grupo Pao de Acucar and Carrefour’s unit in the country, reported columnist Guilherme Barros of news website IG, without saying where he obtained the information. The shares dropped 2.7 percent to 21.99 euros.

European Aeronautic, Defence & Space Co. (EAD FP): Louis Gallois, chief executive officer for the parent company of Airbus SAS, said in an interview that the planemaker will continue to ramp up jetliner production “progressively” as orders climb. The shares rose 0.7 percent to 23.20 euros.

Evolis (ALTVO) : The plastic cards printer said first- half sales rose 2 percent to 20.9 million euros. The shares fell 1.3 percent to 16.60 euros.

L’Oreal SA (OR) : The world’s largest cosmetics maker said second-quarter sales rose 0.9 percent to 4.99 billion euros and it expects to outpace the market in 2011. The shares fell 0.7 percent to 87.89 euros.

Vet’Affaires (VET FP): The clothing company said first-half sales rose 14 percent to 69.5 million euros. The shares gained 0.7 percent to 34.49 euros.

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To contact the editor responsible for this story: Vidya Root at

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