Paris shares AFX at a glance outlook |
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Published
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Mon, 26 Feb 2007 08:51
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PARIS (AFX) - Shares are expected to open higher as continued M&A talk keeps the market buoyant despite Wall Street's decline Friday, dealers said.On Friday, the CAC-40 index finished up 8.52 points or 0.15 pct at 5,716.38, on volume of 5.9 bln eur.On the Matif, March CAC-40 futures were trading up 12.0 points or 0.21 pct at 5,738.5 ahead of the official opening.The euro was quoted at 1.3178 usd, against 1.3169 late Friday.FORTHCOMING EVENTSTODAY-Sopra FY resultsTOMORROW-Air Liquide FY results-Havas FY results-Geodis FY results; news conference, 10.30 am-Gemalto FY results-Vinci FY results, after markets close-Eiffage FY results, after markets closeWEEKEND PRESS-Axa, Aegon remaining bidders for 50 pct of BMPS' life insurance unit (Il Sole 24 Ore)-Renault, Nissan to build factory in India with Mahindra (Nikkei)-Renault Romanian workers threaten to strike; initial stoppage planned Monday (Le Monde)-Poll has Royal, Sarkozy tied in 1st round; Sarkozy 50.5 pct in run-off (Journal du Dimanche)TODAY'S PRESS-St-Gobain to sell packaging business, valued at 4 bln eur (Les Echos)-Safran talks with Thales, others may lead to cooperation, asset sales (Les Echos)-LVMH chairman Arnault poised for Endemol bid (Financial Times)-Germany's Glos does not rule out German, French govts withdrawing from EADS-BMW to outsource production of Model 1 motor to PSA Peugeot Citroen (Spiegel)COMPANY NEWS-UPS, EADS unit Airbus revise A380 super-jumbo deal-Sanofi-Aventis says Taxotere study shows higher prostate cancer survival rate-Maurel et Prom plugs, abandons Tioni-1 well on Kouilou permit-Paris court rejects Clear Channel suit vs JCDecaux over Paris ad/bike contract-Alcatel-Lucent to cut 450 jobs in Stuttgart - works councilMACROECONOMIC/POLITICAL/MISCELLANEOUS NEWS-Sarkozy to exit French government 'end of March'MARKET SENTIMENT-Carrefour downgraded to 'sell' from 'hold' by Citigroup, target 46 eur vs 43-EDF Energies Nouvelles initiated with 'outperform' at Credit Suisseparis@afxnews.commjs/rfwCOPYRIGHTCopyright 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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Aerospace and transportation highlights to 09:10 GMT 