News: Carrefour SA (CARR.PA)

CARR.PA on Paris Stock Exchange

20 Aug 2014
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€-0.25 (-0.94%)
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Thu, Jul 31 2014

UPDATE 2-Carrefour says to slow down Argentine investment

(Adds CEO comment on exposure to and investment in Argentina, share price move and trader quote)

WRAPUP 1-European retailers Carrefour, Metro see revival at home

BERLIN/PARIS, July 31 - Two of Europe's top retailers, France's Carrefour and Germany's Metro , are making progress in their quests to revive performance in their home markets, with Metro rewarding its chief executive with a contract extension.

Carrefour says Argentina debt default manageable

PARIS, July 31 - Carrefour Chief Executive Georges Plassat said the impact of an imminent debt default by Argentina was manageable but added that the French retailer would slow down its planned investments in the country.

Carrefour H1 profits up as Brazil, Europe improve

PARIS, July 31 - Carrefour, the world's second-largest retailer, reported a 13.8 percent rise in first-half recurring operating profit to 833 million euros ($1.12 billion), driven by higher profitability in its core French business and in Brazil and Argentina, while China stayed under pressure.

Unibail Rodamco to sell six French malls to Carmila

PARIS, July 30 - Unibail Rodamco, Europe's biggest real estate company, has agreed to sell a portfolio of six shopping centres in France to Carmila, a real estate company backed by retailer Carrefour.

Carrefour has best quarter in five years as Italy rebounds

PARIS - Carrefour , the world's second-biggest retailer, posted its best three-month sales in five years thanks to signs of recovery in austerity-hit southern Europe, where even Italy returned to growth thanks to World Cup promotions.

UPDATE 2-Carrefour has best quarter in five years as Italy rebounds

* Shares outperform European retail sector (Adds CFO call with analysts, share reaction)

Carrefour Q2 sales accelerate, Italy back to growth

PARIS, July 17 - Carrefour, Europe's largest retailer, said on Thursday that like-for-like sales growth accelerated in the second quarter, reflecting improving trends in austerity-hit Southern Europe and notably Italy.

UPDATE 1-Carrefour to exit India, still in talks to sell stores

(Adds details on talks to sell stores, amount invested in India, consultant comments)

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