French and Benelux stocks - Factors to watch on July 8
PARIS, July 8 (Reuters) - Below is company-related news and leading stories from French and Benelux newspapers which could have an impact on the region's markets or individual stocks.
FRANCE TELECOM (FTE.PA)
Orange's ambition to use exclusive TV content to retain and draw customers suffered a setback on Tuesday after France's competition watchdog imposed a limit of one to two years on such offers. [ID:nL7700367]
EADS (EAD.PA)
EADS (EAD.PA) does not expect the Pentagon to announce until August the draft terms for a contract worth potentially $35 billion to replace an aging U.S. refueling tanker fleet, the defense group's North American chief told Reuters on Tuesday. [ID:nN07356198]
VEOLIA ENVIRONNEMENT (VIE.PA)
French water utility Veolia Environment plans to sell a 30 percent stake in its Czech unit, Dalkia, daily Hospodarske Noviny reported on Wednesday, citing Dalkia's board chairman. [ID:nL8453077]
LDC (LDCP.PA)
France's LDC, one of the country's biggest poultry processors, said the economic crisis was having a favourable impact on its business as consumers turned to cheaper meat than beef or pork. [ID:nL7486815]
AB INBEV (ABI.BR)
Brewer AB Inbev said Janus Capital Management holds 4.06 percent of its shares. [ABI.BR]
NYRSTAR (NYR.BR)
Nyrstar said its convertible bond offering had risen to 120 million euros after Goldman Sachs International and ING Belgium exercised their 15 million-euro over-allotment option. [ID:nL853213]
IMTECH (IMUN.AS)
Imtech said it won orders worth 41 million euros for high-tech sustainable technology in Germany. [IMUN.AS]
EVS BROADCAST EQUIPMENT (EVSB.BR)
EVS Broadcast Equipment, which makes digital equipment and software for cinemas and television broadcasters, said its founders own 19 percent of the group's voting rights. [EVSB.BR]
EASYDENTIC (ALEGR.PA)
Security and technology company Easydentic announced a 14 million-euro capital increase. [ALEGR.PA]
ECONOMY
The French economy is expected to shrink by 0.4 percent in the second quarter, the Bank of France said in its latest survey on Wednesday, revising its previous forecast upwards from a decline of 0.5 percent. The French central bank said its monthly barometer of business sentiment in industry also improved, rising to 84 in June from a previous reading of 81. [ID:nPAB007774]
