French stocks - Factors to watch on August 29
PARIS, Aug 29 (Reuters) - Below are leading stories from French newspaper and company-related news which could have an impact on the French market or individual stocks.
PPR (PRTP.PA: Quote, Profile, Research, Stock Buzz)
The retail and luxury group confirmed its 2008 targets after its first hafl recurrent operating profit came in at 742 million euros, slightly above a Reuters poll average of 734 million
MICHELIN (MICP.PA: Quote, Profile, Research, Stock Buzz)
Michelin scraps plans for second plant in Mexico due lower demand in North America.
For story see [ID:nLT325661]
HERMES (HRMS.PA: Quote, Profile, Research, Stock Buzz)
The luxury group posted a solid rise in first-half profits, helped by resilient demand from non-French buyers for its themed silk scarfs and upmarket leather goods.
For story see [ID:nLS279135]
SUEZ ENVIRONNEMENT (SEVI.PA: Quote, Profile, Research, Stock Buzz) Continued...
Ecommerce woes
Recent data suggest the online retail industry is bracing for flat or even contracting holiday sales. Full Article






