The Paris Bourse is expected to remain cautious
Posted by admin on July 30th, 2010The CAC 40 should remain cautious. Following a meeting that ended with some profit-taking, the leading index is expected to begin in Paris in the red a session that will be marked by the wait. Markets await in fact the first estimate of U.S. GDP in the second quarter to be announced this afternoon across the Atlantic. This Friday in Asia as investors remained on the defensive. Thursday already on Wall Street, the markets had signed a febrile very bearish session.
Besides GDP, the U.S. will publish the index of consumer sentiment and Chicago PMI. In Europe, German retail sales and GDP of the area will also be published.
Moreover, this last week's meeting will again be marked by a series of major business publications.
Alcatel Lucent revenues of 3.813 billion euros in the second quarter, up 17.4% sequentially and down 2.4% from the second quarter of last year. The group reiterated its outlook for 2010, including an adjusted operating income of between 1% and 5% of its revenues.
JCDecaux announced Friday a net profit in the first half of 65 million euros compared to 4.4 million euros over the same period in 2009. The group anticipates a change in organic revenue for the third quarter less than that of the second with a cash flow of 119 million euros, compared with -1.7 million euros in the first half.
Lafarge reported a sales increase of 2% to 4.43 billion euros in the second quarter. The group now provides a variation of the demand for cement between -1 and +3% in 2010 compared to 2009.Lafarge expects a reduction in capital expenditure to less than 1 billion euros in 2011.
EDF has announced a net profit group share 1.7 billion euros including a provision for $ 1.1 billion on its North American operations easy payday loans. Moreover, the EPR Flamanville, who has two years late, should produce marketable electricity in 2014, with construction costs re-estimated at around five billion euros.
EADS announces first half net profit of 185 million euros and a turnover of 20.3 billion euros. Adjusted operating income is 406 million euros. Its subsidiary Airbus raised its target for gross orders in 2010 to more than 400 aircraft. For Eurocopter, the sales increase for 2010 should exceed 44 billion euros.The adjusted EBIT target is maintained at one billion euros despite negative currency effects that are cumulative outstanding in the first half.
Schneider Electric releases a turnover of 8.57 billion euros in the first half (+10.5%) of which 4.661 billion (+18.5%) in the second. The group expects an increase in organic revenue in the second half "broadly comparable" to that of the first half and is now an EBITA margin of around 15.5% before restructuring costs and the impact of consolidation of distribution areva , against 14% previously.
Renault posted a turnover increase of 23.1% for first half of 2010 to the same perimeter, to 19.668 billion euros.The manufacturer profitable again, the latter standing at 823 million euros over the period cons net loss of 2.712 billion euros a year earlier.
PPR announced a net profit after minority interests rose 86.8% to 407 million euros in the first half. The turnover was 8.139 billion euros, representing organic growth of 1.7%.
Imerys has reported a net operating income rose sharply to 122 million euros (161%) in the first half with a turnover of organic growth of 16%.
Michelin and Total must follow.
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