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French and Benelux stocks-Factors to watch on Aug. 31
August 31, 2017 / 5:50 AM / 20 days ago

French and Benelux stocks-Factors to watch on Aug. 31

Aug 31 (Reuters) - 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.

French CAC futures were up 0.5 percent by 0602 GMT.

ALTICE:

Altice USA announced some technology executive appointments.

ARKEMA:

Arkema SA expects chemicals to catch fire or explode at its heavily flooded plant in Crosby, Texas in the coming days because the plant has lost power to its chemical cooling systems, a company official said on Wednesday.

BOUYGUES:

French conglomerate Bouygues kept its 2017 outlook for higher earnings as growth in its construction and telecoms businesses drove a rise in first-half profits.

CARREFOUR:

New CEO, Alexandre Bompard, pledged to boost profitability and cash flow after the world’s second-largest retailer warned 2017 operating profit could fall by around 12 percent and cut its sales growth target.

EIFFAGE:

France’s third-largest builder maintained its full-year target for higher profits and revenue after posting an increase in first-half earnings, and said it was in talks over buying a business from Italy’s Saipem.

PERNOD:

French spirits maker Pernod Ricard said on Thursday it was confident that profits for the current financial year would show an acceleration from the 2016/17 underlying profit growth of 3.3 percent it reported on Thursday.

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