French and Benelux stocks - Factors to watch on Oct 2

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PARIS | Fri Oct 2, 2009 1:07am EDT

PARIS Oct 2 (Reuters) - Below are company-related news and leading stories from French and Benelux newspapers which could have an impact on the region's markets or individual stocks. SANOFI-AVENTIS (SASY.PA)

French drugmaker Sanofi-Aventis said tests on adults confirmed that a single dose of its vaccine against H1N1 flu was effective even for people aged over 65. [ID:nL1708376] GDF SUEZ (GSZ.PA)

France's GDF Suez will likely conclude talks this year to take a 9 percent stake in the Nord Stream gas pipeline being built by Gazprom (GAZP.MM) and E.ON (EONGn.DE), a source told Reuters on Thursday. [ID:nL181703]

GDF Suez has approached Yemen LNG asking that it be allowed to divert some liquefied natural gas cargoes from Yemen to attractive destinations in the Pacific Basin, a source close to the situation told Reuters. [ID:nN01279187] DRAKA DRAK.AS Dutch cable manufacturer Draka is issuing 100 million euros in new shares, with half of the offering to be sold through an accelerated bookbuilding starting on Friday. [ID:nL1673468]

OCE OCEN.AS

Dutch photocopier and printing systems company OCE is expected to post a 4 percent wider third-quarter net loss of 25 million euros. [ID:nL1515871]

BANKS

No European bank will see its tier one ratio fall below 6 percent in a severe recession with the average for the region seen above 8 percent, French Economy Minister Christine Lagarde said on Thursday. [ID:nWEA3395]

ECONOMY

France's economy will contract by 2.2 percent in 2009 and emerge from recession at a moderate pace in the second half, buoyed by industrial production and public works activity, national statistics body INSEE said. [ID:nL1125562]

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