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Natixis SA (CNAT.PA)

CNAT.PA on Paris Stock Exchange

4.59EUR
18 Jan 2019
Change (% chg)

€0.15 (+3.35%)
Prev Close
€4.44
Open
€4.51
Day's High
€4.60
Day's Low
€4.50
Volume
6,074,770
Avg. Vol
5,265,795
52-wk High
€7.45
52-wk Low
€3.92

Latest Key Developments (Source: Significant Developments)

Oportun Expands Credit Facility To $400 Mln With Commitment From Natixis
Thursday, 10 Jan 2019 

Jan 10 (Reuters) - Oportun::OPORTUN EXPANDS EXISTING WAREHOUSE CREDIT FACILITY TO $400 MILLION WITH COMMITMENT FROM NATIXIS, A KEY PLAYER IN RESPONSIBLE FINANCE.OPORTUN SAYS EXPANDING EXISTING FACILITY TO $400 MILLION THROUGH A $100 MILLION COMMITMENT FROM NATIXIS, REVOLVING PERIOD ALSO EXTENDED TO OCT 2021.  Full Article

Natixis Acquires La Banque Postale's 50 Pct Stake In Titres Cadeaux
Wednesday, 19 Dec 2018 

Dec 19 (Reuters) - NATIXIS SA ::NATIXIS’ ACQUISITION OF LA BANQUE POSTALE’S 50% STAKE IN TITRES CADEAUX.BECOMES THE COMPANY’S SOLE SHAREHOLDER.  Full Article

Natixis Sees Around EUR 2 Billion Net Revenues For Its Businesses In Q4
Tuesday, 18 Dec 2018 

Dec 18 (Reuters) - NATIXIS SA ::REG-NATIXIS : NATIXIS CONFIRMS ITS STRATEGIC AMBITIONS AND THE PAYMENT OF A €1.5BN SPECIAL DIVIDEND DESPITE NEGATIVE NON-RECURRING ITEMS IN 4Q18.NET REVENUES FOR ITS BUSINESSES SHOULD REACH AROUND EUR 2BN IN Q4 OF 2018.DECREASE OF AROUND 10% OVER QUARTER AND OF LESS THAN 1% OVER FULL YEAR.THIS WILL RESULT IN A EUR 100M REDUCTION IN NATIXIS' NET REVENUES IN Q4 OF 2018.CONTRACTION IS ENTIRELY ATTRIBUTABLE TO OCCURRENCE OF A RISK OF EXCEPTIONAL NATURE.EXCLUDING THIS NON-RECURRING ITEM, 4Q18 NET REVENUES FOR BUSINESSES WILL BE IN LINE WITH SAME PERIOD LAST YEAR.ITEM OF EXCEPTIONAL NATURE RELATES TO DETERIORATION OF MARKET CONDITIONS IN ASIA.REVENUE REDUCTION IS NON-RECURRING AND RELATES TO AN ACTIVITY WHICH WAS NOT SIGNIFICANTLY CONTRIBUTING TO MEDIUM-TERM PLAN REVENUES.IN Q4 MODEL USED TO MANAGE SOME SPECIFIC PRODUCTS TRADED WITH CLIENTS IN ASIA LED TO A HEDGING STRATEGY THAT PROVED TO BE DEFICIENT.SEES EUR 100M REDUCTION IN NATIXIS' NET REVENUES IN Q4 OF 2018.EUR 160M PROVISION TO COVER MANAGEMENT OF THIS PRODUCT BOOK..  Full Article

Edenred says has 1.5-2.0 bln euros firepower for deals
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - Edenred CFO PATRICK BATAILLARD TELLS ANALYSTS DURING A CALL::CFO REITERATES HAS 1.5-2.0 BILLION EUROS FIREPOWER TO FUND DEALS, LOOKING FOR BOLT-ON DEALS IN EMPLOYEE BENEFITS, MORE SIZABLE ACQUISITIONS IN FLEET AND MOBILITY, LOOKING AT EXPANSION IN CORPORATE PAYMENTS.  Full Article

Edenred says monitoring movements within the corporate payments sector
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - Edenred CFO Patrick Bataillard tells a conference call::EDENRED POSITIONS ITSELF AS A CORPORATE PAYMENT COMPANY, INGENICO <<>> IS CLEARLY PART OF THAT MARKET.EDENRED LOOKING AT EVERYTHING THAT GOES ON IN THAT CORPORATE PAYMENT MARKET, WILL NOT COMMENT FURTHER.Source told Reuters earlier this month that both Natixis <<>> and Edenred <<>> had sent letters expressing interest in Ingenico at the beginning of the summer, adding that Ingenico was talking with Natixis, although not yet with Edenred..CFO said on Wednesday "I cannot confirm that rumor" when asked about Reuters report..  Full Article

French bank BPCE says S&P has upgraded its credit rating to A+
Monday, 22 Oct 2018 

Oct 22 (Reuters) - BPCE/Natixis SA ::* BPCE says S&P upgraded its credit rating to A+.  Full Article

Payments group Ingenico says it has received preliminary approaches
Thursday, 11 Oct 2018 

Oct 11 (Reuters) - Ingenico Group SA ::INGENICO GROUP HAS INITIATED A REVIEW OF ITS OPTIONS AND OF THEIR RESPECTIVE MERITS..INDICATES THAT IT HAS RECEIVED PRELIMINARY APPROACHES FOR A STRATEGIC TRANSACTION..HAS RECEIVED PRELIMINARY APPROACHES FOR A STRATEGIC TRANSACTION..HAS INITIATED A REVIEW OF ITS OPTIONS AND OF THEIR RESPECTIVE MERITS..INGENICO GROUP WILL NOT MAKE ANY FURTHER COMMENT..  Full Article

Nathalie Bricker Is Appointed CFO Of Natixis
Friday, 13 Jul 2018 

July 13 (Reuters) - Natixis SA ::NATHALIE BRICKER IS APPOINTED CHIEF FINANCIAL OFFICER OF NATIXIS.NATHALIE BRICKER IS SUCCEEDING NICOLAS NAMIAS.NATHALIE BRICKER IS APPOINTED CHIEF FINANCIAL OFFICER , EFFECTIVE AUGUST 6..NICOLAS NAMIAS JOINED BPCE IN JUNE AS MANAGEMENT BOARD MEMBER.  Full Article

Natixis Investment Managers To Acquire Stake In WCM Investment Management
Wednesday, 11 Jul 2018 

July 11 (Reuters) - Natixis SA ::NATIXIS INVESTMENT MANAGERS TO ACQUIRE STAKE IN WCM INVESTMENT MANAGEMENT, FORM GLOBAL DISTRIBUTION PARTNERSHIP.NATIXIS INVESTMENT MANAGERS WILL ACQUIRE A 24.9% STAKE IN WCM AND ENTER INTO A LONG-TERM EXCLUSIVE DISTRIBUTION AGREEMENT.NATIXIS INVESTMENT MANAGERS HAS SIGNED AN AGREEMENT TO ACQUIRE A MINORITY STAKE IN WCM INVESTMENT MANAGEMENT (WCM).THE IMPACT OF THE TRANSACTION ON NATIXIS’ CET1 RATIO IS ESTIMATED TO BE APPROXIMATELY -15 BASIS POINTS.TRANSACTION IS EXPECTED TO CLOSE IN THE SECOND HALF OF 2018.NATIXIS INVESTMENT MANAGERS TO BECOME EXCLUSIVE THIRD-PARTY DISTRIBUTOR, FOR WCM INVESTMENT MANAGEMENT (WCM).  Full Article

Natixis Investment Managers Announces Acquisition Of MV Credit
Friday, 29 Jun 2018 

July 2 (Reuters) - NATIXIS SA ::ANNOUNCED ON FRIDAY THAT CO EXPANDS ITS PRIVATE DEBT CAPABILITIES WITH ACQUISITION OF MV CREDIT.MV CREDIT WILL REMAIN FULLY AUTONOMOUS WHILE BEING ABLE TO ACCESS NATIXIS CENTRALISED GLOBAL DISTRIBUTION CAPABILITIES.EXISTING MANAGEMENT TEAM WILL CONTINUE TO LEAD THE FIRM AS A PARTNERSHIP.THERE WILL BE NO CHANGES TO MV CREDIT’S OPERATIONS, BRANDING, STAFFING OR INVESTMENT STRATEGIES.  Full Article

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SocGen blames rocky markets for its profit warning

PARIS French bank Societe Generale warned that volatile markets would hurt its fourth quarter profit, hitting its shares and other banks which have yet to report earnings.