In a flat market on the macroeconomic front, but animated by information on the CAC 40 stock exchange profits rebound in Asian stock markets to be the continuity of the parks Last weekend, which saw the index gain about Paris 1.70% on two days. Note that for reasons of summer break, the London Stock Exchange will be closed on Monday.The CAC 40 gained 0.32% to 3518.69 points.
Two indicators will follow on Monday: Economic confidence in the euro area for the month of August at 11:00 and expenditure and household income also for the month of August in the U.S., to 14.30.
On the currency markets, the euro breaks down somewhat against the dollar around $ 1.27 to 1.2731 (-0.18%) and lost ground against the yen at 108.27 yen (-0, 38%).
Saffron unscrews, Zodiac flies
As for values, Sanofi-Aventis has revealed the conditions of his talks with U.S. biotechnology company Genzyme, he would buy for a price of $ 69 per share, totaling $ 18.5 billion (14 5 billion euros). Genzyme does not want to continue discussions on an offer below $ 80 per share.The share lost 0.77% to 44.91 euros.
The daily La Tribune, Saffron prepare an offer to buy the equipment manufacturer, Zodiac, with a premium "of between 30% and 40%. The share lost 1.63% at 19.02 euros. For its part, Zodiac climbs by 13.28% to 49.12 euros.
Renault, through its Russian subsidiary Avtovaz, will market the end of 2011 a low-cost car, Granta, 5600 euros. Renault gained 0.86% to 32.82 euros.
The German manufacturer of semiconductors, Infineon, has formalized the sale of its "no" to the U.S. over Intel for $ 1.4 billion. STMicroelectronics gained 0.73% to 5.4 euros and Soitec rose 0.24% to 6.79 euros.
Maurel & Prom (-1.71% to 8.6 euro) on Friday issued an operating loss under the first half of 2010 due to higher exploration costs but warned that his country would reduce the most risky by the end of the year.
Autoroutes Paris-Rhin-Rhone (APRR) has benefited in the first half of the resumption of road traffic, particularly trucks. The company announced Friday an increase of 5.1% to 422 million euros in current operating profit and said it expected an improvement in its EBITDA margin in 2010. Action stabilizes at 54 euros.
The CEO of Eramet (0.81% to 205.55 euros), Patrick Buffet, met Friday in Libreville, the Gabonese president, Ali Bongo, to discuss modalities for the entry of Gabon's capital mining group.
Regarding publications, the credit insurer Coface unveil its first half results pre-market. After-hours trade, it was the turn of Mersen and Seb.
