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Paris shares AFX at a glance outlook


Published :
Wed, 28 Feb 2007 08:59
By : Agencies
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PARIS (AFX) - Shares are expected to open down sharply this morning after US stocks yesterday suffered their worst day of trading since the Sept. 11, 2001 terrorist attacks, dealers said.

On the Matif, March CAC-40 futures were trading 94.5 points or 1.69 pct lower at 5,500.0 ahead of the official opening, and the euro was quoted at 1.3210 usd compared to 1.3249 usd at close yesterday.

FORTHCOMING EVENTS

TODAY

-Arcelor Mittal shares trade ex-dividend

-Groupe Steria FY results

-Scor FY renewals

-Airbus press conference on restructuring details, 2.00 pm GMT

TOMORROW

-Jan PPI (before market opens)

-Dexia FY results

-Generale de Sante FY results

-Feb car registrations (11.00 am GMT)

TODAY'S PRESS

-Airbus to sell three plants, close at least four (BFM radio cites internal Airbus sources)

-Air Liquide CEO Potier sees smaller acquisition opportunities on market, but favours organic growth (Le Figaro cites Potiers)

COMPANY NEWS

-Peugeot targets production of 180,000 units at Slovak factory in 2007

-Eiffage FY net profit 377 mln eur vs 302 mln in 2005

-Vinci FY net above consensus, sees fresh rise in earnings in 2007

-Bouygues ups div 33 pct as FY net tops consensus; 2007 sales seen up 8 pct

-Atos Origin FY net swings to 264 mln eur loss vs 399 mln profit

-Converium says no new bidder for company besides SCOR

-Bourbon orders 46 oil services boats worth 560 mln eur

-FO union warns sale/closure of French Airbus plants would be seen as 'declaration of war'

-Publicis FY net profit beats consensus on record opg profitability

POLITICS/MACROECONOMIC/MISCELLANEOUS

-French Jan unemployment 8.6 pct, unchanged vs Dec; jobless up 1,200

MARKET SENTIMENT

-Eiffage downgraded to 'sell' vs 'hold' at Citigroup

-Carrefour downgraded to 'neutral' from 'buy' by Merrill Lynch

-Alcatel-Lucent started at 'equal-weight' at Morgan Stanley

paris@afxnews.com

vb/rfw

COPYRIGHT

Copyright 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.

AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited




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