Thursday, April 26, 2012

Reuters: Financial Services and Real Estate: French and Benelux stocks-Factors to watch on April 27

Reuters: Financial Services and Real Estate
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French and Benelux stocks-Factors to watch on April 27
Apr 27th 2012, 05:43

PARIS, April 27 | Fri Apr 27, 2012 1:43am EDT

PARIS, April 27 (Reuters) - Below are company-related news and stories from French and Benelux media which could have an impact on the region's markets or individual stocks.

SANOFI French drugmaker Sanofi confirmed that earnings could decline by up to 15 percent this year as top-selling drugs previously protected by patents, including blood thinner Plavix, are hit by competition from cheap copies.

AREVA

The world's biggest maker of nuclear plants posted a 2.4 percent increase in first-quarter revenue as growth in reactor services more than offset a decline in its uraniam transformation business.

EADS

China Eastern Airlines is stalling on the completion of a $3 billion plane purchase from Airbus, a unit of EADS, while placing a $6 billion order with U.S. rival Boeing, people familiar with the matter said.

VINCI

The French construction and concessions company lifted its 2012 sales target after first-quarter revenue rose 6 percent.

DANONE

French food company Danone said it lost to Swiss rival Nestle in a battle for U.S. drugmaker Pfizer's baby food business because financial discipline prevailed over strategic interest.

L'OREAL

The French cosmetics maker said it had purchased baby products company Cadum to reach more customers in its domestic market.

UNIBAIL RODAMCO

Europe's largest real-estate investment trust reported a slight rise in first-quarter revenue, as growth at is large shopping malls in Western Europe offset weakness at its smaller offices portfolio.

FRENCH ELECTION

For latest news on French presidential race

Reuters Top News are now available for: * 3000 Xtra : visit topnews.session.rservices.com * BridgeStation: view story .134 For more information on Top News visit topnews.reuters.com For pan-European market data and news, click on codes in brackets: European Equities speed guide................... FTSE Eurotop 300 index.............................. DJ STOXX index...................................... Top 10 STOXX sectors........................... Top 10 EUROSTOXX sectors...................... Top 10 Eurotop 300 sectors..................... Top 25 European pct gainers....................... Top 25 European pct losers........................

Main stock markets: Dow Jones............... Wall Street report ..... Nikkei 225............. Tokyo report............ FTSE 100............... London report........... Xetra DAX............. Frankfurt market stories CAC-40................. Paris market stories... World Indices...................................... Reuters survey of world bourse outlook.......... Western European IPO diary.......................... European Asset Allocation.........................

Reuters News at a Glance: Equities..... World stock markets.... Main currency report: Dollar/euro/yen........................................

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