October 14, 2019 / 5:17 AM / 2 months ago

French and Benelux stocks-Factors to watch

Oct 14 (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.

BIC:

French pens, razors and pocket lighter maker BIC cut its full-year sales forecast on Friday, blaming a weak U.S. lighter market for the latest in a series of disappointing results.

FAGRON:

Fagron announced on Friday that Waterland and Baltisse had successfully completed the private placement of shares of Fagron.

NV BEKAERT:

Bekaert announced on Friday an early closure of bond issue for 200 million euros.

SOCGEN:

Societe Generale SOGN.PA, France’s third-biggest lender, has ditched a plan for a securities joint venture in China in favour of a wholly owned subsidiary, as Beijing said foreign ownership limits on the country’s giant financial industry would be gone by the end of next year.

TOTAL:

French energy giant Total SA will buy a 37.4% stake in Indian gas distribution company Adani Gas, as it looks to capitalise on the South Asian country’s push for cleaner sources of energy.

US-CHINA TRADE WAR:

The United States and China agreed on Friday to the first phase of a trade deal covering agricultural purchases, currency and some aspects of intellectual property protections, and averting a threatened tariff hike, but President Donald Trump said more needed to be negotiated.

VIRBAC:

Virbac raised on Friday its annual revenue growth target to between 5% and 7% year-on-year, having reported 12.2-percent rise in third-quarter revenue at constant FX, boosted by performance in Europe, the United Stated and Asia-Pacific.

Pan-European market data: 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 items......... CAC-40................. Paris items............ World Indices..................................... Reuters survey of world bourse outlook......... European Asset Allocation........................ Reuters News at a glance: Top News............. Equities.............. Main oil report........... Main currency report.....

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