In Paris, the stock should blow
Posted by adminThe CAC 40 was passed Monday night at the close of the bar 3750 points (3%). Drawn up by the bank after the better than expected quarterly BNP, the Paris market should not stop there, according to technical analysis, which brings the index to the attack of 3770 points.
The Paris Bourse is expected to remain broadly in the green, but the pace of growth should be lower on Tuesday. This is what is happening in Asia this morning.
The program of the Tuesday meeting, noted that prices for industrial production for June in the eurozone will be published at 11:00. American side, the expected numbers today should facilitate the session, including spending at 14.30 and household income, and 16 hours, industrial orders in July and promises of housing sales in June
Meanwhile, the euro remains at its highest in three months against the dollar.The euro rose as optimism in Europe and at the same time, the dollar is falling while stock markets advance and the risk appetite grows.
The eyes of Sanofi-Aventis Genzyme
Sanofi-Aventis, Genzyme has sent a letter mentioning his interest in the company, a source close to the deal, adding that the two companies were discussing the offer fast cash advance loan.
The chemicals group Arkema has published quarterly results on Tuesday sharply up, saying he made "his best performance history" since its IPO in 2006. Quarterly profit was 119 million euros, against a loss of 114 million euros in the second quarter of 2009.Revenues soared 38% to 1.6 billion euros and gross operating profit (EBITDA) reached 241 million, against only 70 million a year earlier.
CNP Assurances announced Monday that it bought back 65% stake in MFPPrévoyance, a subsidiary of MFP Services, a group of specialized mutual insurance officials. This stake will cost 86.5 million euros to the French insurer.
General Health. The former manager of French private clinics and hospitals on Monday published a half-year revenue declined 4.7% to 1 billion euros, which also reported an increase of 8.8% in profit operating income, to 80.4 million.
In an interview with Le Figaro, Benoît Potier, Chairman and CEO of Air Liquide, ensures that the large industrial groups have restructured and fully benefit from the recovery.