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French stocks - Factors to watch on Oct 3

Fri Oct 3, 2008 1:14am EDT

Stocks

   

PARIS, Oct 3 (Reuters) - Below are leading stories from French newspapers and company-related news which could have an impact on the French market or individual stocks.

Russia

SOCIETE GENERALE (SOGN.PA)

France's Societe Generale has guaranteed to support and refinance the mortgage loans of Rosbank (ROSB.MM), the Russian bank it bought this year, a Rosbank executive said on Thursday.

For story click on [ID:nL245009]

CREDIT AGRICOLE (CAGR.PA)

Japan's Norinchukin Bank said it bought about 30 billion yen worth of shares in Credit Agricole (CAGR.PA) and planned to form a business alliance with France's largest retail bank.

A spokesman for Norinchukin, which pools the investment funds of Japan's agricultural and fishing cooperatives, said the bank bought the shares on the market, giving it a stake of 0.5 percent in terms of voting rights.

For details, see [ID:nT346766].

DANONE (DANO.PA)

Private equity firm CCMP Capital Asia has quit an auction for Danone's Australian and New Zealand business, Frucor Beverages, which could be worth up to A$800 million ($620 million), the Australian Financial Review reported on Friday.

For details, see [ID:nSYD352727].

Main stock markets:

Dow Jones................DJI Wall Street report .....[.N]

Nikkei 225..............N225 Tokyo report............[.T]

FTSE 100................FTSE London report...........[.L]

Xetra DAX..............GDAXI Frankfurt market stories[.F]

CAC-40..................FCHI Paris market stories...[.PA]

World Indices...................................<0#.INDEX> Reuters survey of world bourse outlook..........EQUITYPOLL1 Western European IPO diary...........................WEUIPO European Asset Allocation.........................[EUR/ASSET] Reuters News at a Glance: Equities...............[TOP/EQE] Main currency report:...............................[FRX/]



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