The Paris Bourse expected increase
In a market that is looking pretty quiet on the macroeconomic front and corporate publications, the CAC 40 should still benefit from the rebound in Asian stock markets continued to register the parks Last weekend, which saw Index Parisian earn about 1.70% on two days. Note that for reasons of summer break, the London Stock Exchange will be closed on Monday. Around 8:25, the future of the CAC 40 gaining 0.70% to 3525 points.
Two indicators will follow on Monday: Economic confidence in the euro area for the month of August at 11:00 and expenditure and household income also for the month of August in the U.S., to 14.30.
On the currency markets, the euro has stabilized around $ 1.27 (-0.05%).
Sanofi-Aventis and Safran to follow
As for values, the title will be particularly under the spotlight is Sanofi-Aventis.The group unveiled pharamaceutique conditions of his talks with U.S. biotechnology company Genzyme, he would buy for a price of 69 dollars per share, totaling $ 18.5 billion (14.5 billion euros).Genzyme does not want to continue discussions on an offer below $ 80 per share.
The daily La Tribune, Saffron prepare an offer to buy the equipment manufacturer, Zodiac, with a premium "of between 30% and 40%" payday advance lenders.
Renault, through its Russian subsidiary Avtovaz, will market the end of 2011 a low-cost car, Granta, 5600 euros.
The response of semiconductors will also follow after the German manufacturer of semiconductors, Infineon, has formalized the sale of its "free" over the U.S. for Intel $ 1.4 billion.
Maurel & Prom has issued Friday an operating loss under the first half of 2010 due to higher exploration costs but warned that his country would reduce the riskiest by the end of the year.
Autoroutes Paris-Rhin-Rhone has benefited in the first half of the resumption of road traffic, particularly trucks. The company announced Friday an increase of 5.1% to 422 million euros in current operating profit and said it expected an improvement in its EBITDA margin in 2010.
Eramet CEO Patrick Buffet, met Friday in Libreville, the Gabonese president, Ali Bongo, to discuss the details of an entry of Gabon capital of the mining group.
Regarding publications, the credit insurer Coface unveil its first half results pre-market. After-hours trade, it was the turn of Mersen and Seb.
Published on 30 Aug 2010 in business, economy, international, resources, world, by admin
Comments Off
- Sanofi-Aventis wants to see the accounts of Genzyme
- Sanofi: OPA extended at the same price
- The Paris Bourse is expected to remain cautious
- The job was not enough to convince Wall Street
- The wait dominates the Paris Bourse
This entry was posted on Monday, August 30th, 2010 at 10:32 am and is filed under business, economy, international, resources, world. Follow the comments through the RSS 2.0 feed. Both comments and trackback are closed.