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French and Benelux stocks-Factors to watch on Sept 26
September 26, 2012 / 4:56 AM / 5 years ago

French and Benelux stocks-Factors to watch on Sept 26

PARIS, Sept 25 (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.

CAC-40 futures are 1.00 percent lower at 0637 GMT.

TOTAL

Energy companies should not drill for crude oil in Arctic waters because the environmental risks are too high, the oil company’s Chief Executive Officer Christophe de Margerie said in the Financial Times.

EADS

U.S. aircraft giant Boeing is still getting U.S. subsidies despite Washington’s claim to have stopped the handouts, the European Union said in the latest round of the world’s biggest trade dispute.

AXA

AXA Private Equity and Permira are mulling a listing for Europe’s largest online travel agency OdigeO, people familiar with the situation said, as the group looks to expand into new markets and maintain its fast growth rate.

ING

U.S. broker dealer Ameriprise Financial Inc. is in advanced talks to buy most of the Dutch bank and insurance group’s asset management business in Asia, Bloomberg reported, citing two unnamed people with knowledge of the matter.

TECHNIP

The French oil services company said it had won two contracts for a total value of about 50 million euros for the engineering design services of two refineries in Kazakhstan.

CGGVERITAS

The French geophysical services firm said it is raising funds to finance the planned acquisition of the seismic data division of Dutch engineering company Fugro with a 414 million euro ($536.64 million) rights issue.

ALSTOM

The power and transport engineering company said it has signed a contract valued at over 100 million euros ($129.62 million) to supply two steam turbines and generator sets for a coal-fired plant in Korea.

PAGES JAUNES

The French directories group said it was still seeking agreement from some its lenders to extend the maturity of its debt due in November 2013 to September 2015. The group has requested the appointment of an ad hoc agent to help reach an agreement, it added.

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