French and Benelux stocks-Factors to watch on Jan. 13
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.
CAC-40 futures are up 0.9 percent at 0848 GMT.
FRANCE DEBT
France may have narrowed its 2011 public deficit to close to 5.5 percent of gross domestic product, beating a target of 5.7 percent, Finance Minister Francois Baroin said, after an improvement in central government finances.
ING
The Dutch financial services group said on Friday it will not pay a dividend until it has repaid all of its state aid received during the 2008 credit crisis and has met Basel III capital and liquidity requirements.
AIR FRANCE-KLM
Air France-KLM announced a pay freeze for French staff and cutbacks in its fleet as part of a three-year plan to end financial rot at Europe's largest airline by revenues.
BANKS, INSURERS
A deal with private creditors to voluntarily write down at least half the value of their Greek sovereign bonds has a good chance of happening in the coming days, the chief executive of French bank Societe Generale told newspaper Les Echos.
EUTELSAT
Spanish toll road operator Abertis is placing a 16 percent stake in Paris-listed satellite operator Eutelsat ETL.PA at an about 6 percent discount, or 28 euros per share, market sources said on Friday.
FUGRO
The Dutch engineering consultancy said it would achieve its 2011 full year forecasts of more than 260 million euros net profit and about 2.5 billion euros turnover.
TOTAL
The oil major and its partner Inpex Corp. have decided to invest $34 billion in a liquified natural gas project in Australia set to begin production in 2016.
AREVA
Anne Lauvergeon, the former boss of France's state-owned nuclear reactor maker, has filed legal proceedings against Areva for withholding her 1.5-million-euro severance payment, which took months to negotiate following her high-profile departure in June.
EADS
The world's dominant planemakers scored new orders as Airbus put the finishing touches to a record 2011, cruising peacefully for now above debt turmoil and new airline cutbacks in Europe.
Airbus and its U.S. rival Boeing unveiled more than 70 orders for new aircraft worth $7.5 billion as industry insiders confirmed the trans-Atlantic rivals had delivered a combined total of more than 1,000 jetliners in 2011 for the first time.
VIVENDI, ILIAD, BOUYGUES
Vivendi's French mobile phone service company SFR is cutting prices on several of its offers to compete with new market entrant Iliad, while rival operator Bouygues promised similar price cuts next week.
BOUYGUES
A consortium led by the construction company has won a contract worth 1.8 billion euros ($2.3 billion) to build a high-speed rail link in southern France, French rail infrastructure agency RFF said.
DANONE
European foodmakers Nestle SA and Danone have placed bids to buy Pfizer Inc's baby formula business, according to Bloomberg.
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