Sunday, July 1, 2007

Danone, EDF, Euler, GDF, Sanofi, Soitec, Trigano: French Equity Preview

(Bloomberg) -- Shares of the following companies may
rise or fall on the Paris stock exchange today. Symbols are in
parentheses after company names and prices are from the last
close.

July futures on the CAC 40 Index sank 38.5 to 6032.5 at
8:19 a.m. in Paris.


Read more at Bloomberg Stocks News

Oil eases on profit-taking, higher US refinery use

(Reuters) - Oil prices slipped on Monday as traders took profits after a weekend with no supply disruptions, and looked ahead to a recovery in U.S. refinery use that may boost fuel production.

London Brent crude traded 22 cents lower at $71.19 a barrel by 0242 GMT, after gaining 89 cents on Friday. U.S. light crude eased 23 cents after a $1.11 rally on Friday to the highest settlement since August 2006.


Read more at Reuters Africa

Japan's Shares Rise, Led by Mitsui, Trading Houses, on Oil, Rating Call

(Bloomberg) -- Japanese stocks advanced, led by
trading companies such as Mitsui & Co., after the price of oil
climbed to a 10-month high and a brokerage gave the company its
most bullish recommendation.

Oil advanced 1.6 percent to close above $70 a barrel last
week. Mitsubishi UFJ Securities Co. initiated coverage of Mitsui
with a ``strong outperform'' rating.


Read more at Bloomberg Stocks News

BNP Paribas leads French M&A league table -survey

(Reuters) - In second place was U.S. investment bank Morgan Stanley
which advised on deals worth 45.7 billion euros while
Goldman Sachs took third place.




So far this year, BNP Paribas has advised French reinsurer
Scor on its takeover of Swiss rival Converium
and also advised French insurer AGF over its buyout by
parent company Allianz .


Read more at Reuters.com Mergers News

EDF, Danone, Gaz de France, Eurotunnel and Nexity: French Equity Preview

(Bloomberg) -- Shares of the following companies may
rise or fall on the Paris stock exchange today. Symbols are in
parentheses after company names and prices are from the last
close.

The CAC 40 Index rose 48.62, or 0.8 percent, to close at
6054.93 on June 29. The broader SBF 120 Index gained 32.46, or
0.7 percent, to close at 4412.76.


Read more at Bloomberg Stocks News

Saudi Aramco Cuts July Propane, Butane Prices by as Much as 2.9 Percent

(Bloomberg) -- Saudi Aramco, the world's largest
state oil company, cut prices of liquefied petroleum gas for
loading in July by as much as 2.9 percent from a month ago, a
company official said.

The company lowered propane prices to $575 a metric ton
from $592 a ton in June and reduced butane prices to $595 a ton
from $612 a ton, according to the official who asked not to be
identified because of company policy.


Read more at Bloomberg Energy News

Vietnamese Firms May Seek Record $3 Billion in Loans, Credit Suisse Says

(Bloomberg) -- Vietnam Shipbuilding Industry Group,
Vietnam National Shipping Lines and other companies from
Southeast Asia's fastest-growing economy may borrow a record $3
billion in the next 12 months, according to Credit Suisse Group.

Vietnamese companies will raise as much as $3 billion from
loans and bond sales, said Amit Khattar, director of loan
syndication in Asia at Credit Suisse. Companies raised $99.2
million of dollar-denominated debt in 2006, according to data
compiled by Bloomberg.


Read more at Bloomberg Bonds News