Electricite de France SA plans to stop building EPR reactors once it’s able to develop a replacement, French daily La Tribune reported, citing an unidentified person at the company. The EPR at Flamanville will proceed as planned, the newspaper said.
ALL TIMES CET
WHAT TO WATCH: * Industry Minister Eric Besson visits United Arab Emirates.
PRE-MARKET EARNINGS (before 9:00 a.m.) *Parrot (PARRO FP) 3Q earnings
POST-MARKET EARNINGS (after 5:30 p.m.) *Dalet (DLT FP) 3Q sales
ECONOMY: Data and events today * 8:45 a.m. Current Account (Sept.)
GOVERNMENT: *Prime Minister Francois Fillon meets Budget Minister Valerie Pecresse in Paris (11 a.m.); opens company headquarters in Nantes (5:40 p.m.). *Interior Minister Claude Gueant visits flooded areas in southern France.
EQUITIES: * Bourbon SA (GBB) : The offshore services company expects profitability to widen gradually as clients start to pay for the time it takes a vessel to reach its place of contract, Chief Executive Officer Christian Lefevre said in an interview with Investir. The stock gained 7.4 percent to 21.45 euros.
* European Aeronautic Defence and Space Co. NV (EAD FP): Boeing Co. signed a $26 billion agreement with Emirates for as many as 70 777 aircraft. The carrier said it remains committed to the Airbus A350, which will compete with the Boeing 787 Dreamliner as well as the 777, and will study if it requires more A380s.
Airbus SAS is today likely to sign a contract worth $6.5 billion with Qatar Airways Ltd., French daily La Tribune reported, without citing anyone. * Ingenico SA said that the board of Xiring SA has unanimously recommended its bid of 17 euros a share for the company. The offer is at a premium of 24 percent to Xiring’s last closing price and values the company at 67.7 million euros, Ingenico said. * Veolia Environnement SA (VIE) : Board member Daniel Bouton wants to become non-executive Chairman of the world’s biggest water utility after it posted lower earnings, Le Journal du Dimanche reported without saying where it got the information. The stock rose 2.2 percent to 9.35 euros.
MARKETS: *The CAC 40 Index increased 2.8 percent to 3,149.38 points. *The SBF 120 Index gained 2.7 percent to 2,396.2 points.
INTERVIEWS ELSEWHERE: -07:45 Canal Plus: Socialist lawmaker Aurelie Filippetti -07:45 I-Tele: Secretary of State for Trade Frederic Lefebvre -07:45 LCI: Force Ouvriere Gen. Secretary Jean-Claude Mailly -07:50 France 2: Socialist lawmaker Pierre Moscovici -08:15 France Info: UMP Senator Roger Karoutchi -08:35 RMC: Front de Gauche’s Jean-Luc Melenchon -18:00 BFM Radio: Eiffage CEO Pierre Berger
To contact the editor responsible for this story: Vidya Root at firstname.lastname@example.org