Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Areva, GDF Suez, Saint-Gobain, Total: French Equity Preview

Don't Miss Out —
Follow us on:

June 8 (Bloomberg) -- The following is a list of companies whose shares may have unusual price changes in Paris. Stock symbols are in parentheses after company names. Share prices are from the last close.

June futures on France’s CAC 40 Index rose 11.50 to 3,413 at 8:09 a.m. in Paris

The CAC 40 sank 1.2 percent to 3,413.72 yesterday. The SBF 120 Index also lost 1.2 percent.

Areva SA (CEI FP): The French nuclear-reactor builder completed the sale of its T&D unit to Alstom SA (ALO SP) and Schneider Electric SA (SU FP) for 2.29 billion euros. Areva’s investment certificates fell 0.7 percent to 351.50 euros. Alstom declined 2.8 percent to 37 euros, and Schneider shares dropped 1.5 percent to 83.79 euros.

GDF Suez SA (GSZ FP): The owner of Europe’s largest natural-gas network and E.ON AG signed an agreement to look together for new nuclear opportunities in Italy. The stock was raised to “buy” from “neutral” at BofA Merrill Lynch Global Research. The shares fell 2 percent to 24.56 euros.

Gifi (IGF FP): The French discount retailer of clothes and houseware raised its fiscal year operating profit target to more than 65 million euros ($78 million), from a previous forecast of 50 million euros. The shares gained 2.4 percent to 49.66 euros.

Groupe Gorge (GOE FP): The maker of submarine robotics and composite parts for cars and airplanes said it won a contract, worth more than 10 million euros, to supply parts for two nuclear reactors in China. The shares rose 2.2 percent to 6.39 euros.

Klepierre SA (LI FP): Shares of Europe’s second-largest mall owner were raised to “buy” from “neutral” at UBS AG. The stock slipped 0.6 percent to 21.66 euros.

Cie. de Saint-Gobain SA (SGO FP): Europe’s biggest supplier of building materials said it will build a new plant to produce roof-top solar panels. The shares dropped 0.1 percent to 30.58 euros.

Schneider Electric SA (SU FP): Chief Executive Officer Jean-Pascal Tricoire told Les Echos in an interview that there is “no reason to change” the company’s target for a moderate increase in like-for-like sales in 2010. The stock slipped 1.5 percent to 83.79 euros.

Total SA (FP FP): Europe’s third-largest oil producer said one of its units purchased a 25.4 percent stake in U.S.-based AE Polysilicon Corp. It didn’t give financial terms. The shares declined 0.6 percent to 37.97 euros.

Veolia Environnement SA (VIE FP): Shares of the world’s biggest water company were raised to “buy” from “neutral” at BofA Merrill Lynch Global Research. The stock slipped 1.3 percent to 20.48 euros.

To contact the reporter on this story: Heather Smith in Paris at hsmith26@bloomberg.net.

To contact the editor responsible for this story: Anthony Aarons at aaarons@Bloomberg.net.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.