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French and Benelux stocks-Factors to watch on Aug. 28
August 28, 2017 / 4:33 AM / 23 days ago

French and Benelux stocks-Factors to watch on Aug. 28

Aug 28 (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.

French CAC futures were down 0.4 percent by 0617 GMT.

ALTICE:

Altice , the acquisitive telecoms and cable group founded by billionaire Patrick Drahi, announced a 1 billion euros ($1.2 billion) share buyback programme and said it would continue to examine takeover opportunities.

BOLLORE SA:

French holding’s subsidiary Bollore Transport & Logistics acquired part Of business and assets Of Necotrans in France and Africa.

CNP/ICADE:

French state bank Caisse des Depots could sell its stakes in insurer CNP and property group Icade, financial newsletter La Lettre de L‘Expansion said in an unsourced report.

EUROPEAN CENTRAL BANK:

The euro soared to its highest level in more than two years against the dollar on Friday after European Central Bank President Mario Draghi did not express concern about a strong euro zone currency, as some analysts had expected.

HAVAS:

The world’s sixth largest advertising agency said it could not confirm its forecast of organic growth of 2-3 percent for 2017, as declining investment from advertisers, increasing margin pressure and a downturn in high-growth markets weighed on first-half revenue.

MACRON POPULARITY RATINGS DROP:

Most French voters are now dissatisfied with Emmanuel Macron’s performance, a poll showed on Sunday, a dramatic decline for a president who basked in a landslide election victory less than four months ago.

TOTAL:

Exports from Iran’s South Pars, the world’s largest gas field, rose 12 percent over the past year, its head of customs said on Sunday, according to the Islamic Republic News Agency (IRNA).

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