Paris shares TFN at a glance outlook |
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Tue, 19 Jun 2007 07:53
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PARIS (Thomson Financial) - Shares are expected to open flat after after weak showing on Wall Street overnight, against the backdrop of the Paris Air Show yielding a number of major orders for aerospace companies.Yesterday, the CAC-40 index ended down 18.13 points or 0.30 pct at 6,087.15 points, on volume of 4 bln eur.On the Matif, July CAC-40 futures were trading up 2.5 points or 0.04 pct at 6,107.0 ahead of the official opening.The euro was quoted at 1.4326 usd, against 1.3398 late yesterday.FORTHCOMING EVENTSTODAY-Gecina AGM-Arcelor Mittal investor meetings in Paris, Amsterdam, Luxembourg, Madrid-President Sarkozy expected to announce cabinet shuffle-Paris Air Show continuesTOMORROW-PPR offer for rest of Puma closes-Paris Air Show continuesTODAY'S PRESS-Borloo ready to leave French finance minister's post to be environment minister (Le Parisien)-Areva wins 1 bln eur uranium enrichment order in S Korea (La Tribune)COMPANY NEWS-Thales wins 3.51 bln usd contract from US Navy for radios; could reach 9 bln-April Group buys Canada's Escapade and Dave Rochon-Peugeot selects Ilog system for managing vehicle orders-Neopost separates chairman, CEO posts; Thiery becomes CEO, Villot stays chairman-French govt sees Airbus financing decisions by year-end-French state chemicals group SNPE sells certain US ops to fund-ADP May passenger traffic up 0.7 pct year-on-year-EDF to invest 900 mln eur in new gas-fired power stations-Orco buys 2 commercial properties in Bratislava for 34 mln eur-PARIS AIR SHOW Airbus wins MOU for 2 A380s, 18 A320s from Air FranceMARKET SENTIMENT-Vivendi upgraded to 'buy' from 'neutral' by Goldman Sachs, target 36.6 eurtfn.paris@thomson.commjs/cwCOPYRIGHTCopyright AFX News Limited 2007. 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.
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TFN NEWS BRIEFING: Pharmaceuticals and chemicals highlights to 09:10 BST 