Paris shares AFX at a glance outlook |
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Published
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Thu, 01 Feb 2007 08:58
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PARIS (AFX) - Shares are expected to open sharply higher, rebounding from yesterday's losses as investors track the strong performance on Wall Street overnight, with a series of mostly encouraging French corporate results also boosting sentiment, dealers said.Yesterday, the CAC-40 index finished down 37.28 points or 0.66 pct at 5,608.31.On the Matif, February CAC-40 futures were trading 50.5 points firmer at 5,665.5 ahead of the official opening, and the euro was little changed at 1.3017 usd against 1.3010 usd late yesterday.FORTHCOMING EVENTSTODAY-January manufacturing PMI, 9.50 am-French Jan car registrations, 12.00 pm-Vinci FY sales, after market closes-Clarins FY sales, after market closes-Vallourec Q4 sales, after market closes-M6 FY sales, after market closes-Generale de Sante Q4 sales, after market closesTOMORROW-Havas Q4 sales, after market closeTODAY'S PRESS-Nexans to pull out of telecoms cables (Les Echos)-Naturex acquires Hammer Pharma in Italy (La Tribune)COMPANY NEWS-Accor targets 130 hotels in Spain by 2010 vs 56 now-Areva sees 2007 sales sharply higher as Q4 sales rise 5.2 pct-Areva in advanced talks to sell 2 nuclear reactors in China - source-Axa FY sales 78.775 bln eur, up 9.9 pct on all-round strong performance-EADS says Airbus to undergo 'deep' cost cuts, all Europe sites to share burden-Airbus unions urge French state to boost EADS stake-France Telecom FY gross opg beats forecasts on strong mobile, broadband ops-Gemalto sees 'sustained demand' in 2007 after strong Q4 sales-Infogrames Q3 sales 116.4 mln eur, down 31 pct year-on-year-Peugeot to stop making 206 coupe-cabriolet at end-February-Suez FY sales 44.3 bln eur vs 41.5 bln; falls short of consensus-Suez proposes EGM on GDF merger for June 21 - sourceMARKET SENTIMENT-Air France-KLM upped to 'buy' at Goldman Sachs-Business Objects cut to 'hold' from 'sell' at SG Securitiesparis@afxnews.comjs/jmsCOPYRIGHTCopyright AFX News Limited 2006. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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