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  • PPR Reports 28% Profit Rise in 2006 Thursday, 8 Mar 2007 | 3:52 AM ET

    France's PPR, owner of Gucci and Yves Saint Laurent, said Thursday its 2006 net profit rose 28% on strong momentum in the luxury division and said trading in its retail division in the first two months of 2007 was higher than in the fourth quarter.

  • Carrefour Chairman Resigns Wednesday, 7 Mar 2007 | 12:09 PM ET

    Luc Vandevelde resigned as chairman of Carrefour  in a shakeup that followed the disclosure that two new shareholders had acquired a nearly 10% stake in the world's second largest supermarket retailer.

  • European Stocks to Watch Wednesday, 7 Mar 2007 | 10:49 AM ET

    Here some of Wednesday's big movers on European stock markets: Telekom Austria, Scania, Resolution, MAN, Iberia, Endesa, Vallourec, Lloyds TSB, RBS and ITV.

  • Vivendi 2006 Net Adjusted Profit Up 18% Wednesday, 7 Mar 2007 | 3:06 AM ET

    French media and telecoms group Vivendi on Wednesday posted an 18% rise in adjusted full-year net profit, pulled mainly by Maroc Telecom and its games, French mobile and pay-TV units.

  • France Telecom Suffers Sharp 2006 Profit Drop Tuesday, 6 Mar 2007 | 6:38 AM ET

    France Telecom posted a sharp drop in 2006 profits on Tuesday, hit by restructuring and falling prices in top markets, but fuelled speculation it was saving up for acquisitions by keeping its dividend stable.

  • French Politicians Focus on Airbus Before Vote Monday, 5 Mar 2007 | 5:05 AM ET

    The French government holds crisis talks on job losses at Airbus on Monday as the ruling right's main candidate in presidential elections heads for Toulouse to build trust with workers on the eve of a strike.

  • Carmaker PSA Likely to Cut Jobs: Report Monday, 5 Mar 2007 | 3:39 AM ET

    The head of French carmaker PSA Peugeot Citroen told newspaper Le Figaro that job losses were likely to occur at the group.

  • Axa's 2006 Profit Beats Predictions, Rising 18% Thursday, 22 Feb 2007 | 3:12 AM ET

    French insurance giant AXA said Thursday that improving sales in its life insurance and asset management businesses helped lift 2006 profit 18%.

  • French state-owned electricity giant Electricite de France SA said Wednesday full-year net profit surged 74% as power prices rose across Europe.

  • Airbus Delays Restructuring Announcement Monday, 19 Feb 2007 | 10:19 AM ET

    Airbus said Monday it postponed a news conference at which it had been expected to announce its long-awaited restructuring strategy.

  • BNP Paribas Profit Up; Concerns Over French Retail Thursday, 15 Feb 2007 | 3:54 AM ET

    French bank BNP Paribas beat forecasts with a 28.8% rise in fourth-quarter net profit on Thursday, but some analysts expressed concerns over the performance of its French retail banking division.

  • EDF 2006 Revenue Rose 15% On Higher Power Prices Wednesday, 14 Feb 2007 | 4:10 AM ET

    French state-owned power giant Electricite de France on Wednesday reported a 15% rise in full-year revenue in 2006, due to higher electricity prices throughout Europe.

  • Air France-KLM Quarterly Profit Triples Wednesday, 14 Feb 2007 | 3:35 AM ET

    Dynamic passenger traffic helped Air France-KLM triple its net profit in its third quarter despite a rising fuel bill, the world's largest airline by revenue said Wednesday, confirming its outlook for the fiscal year ending March 31.

  • Sanofi Tops Forecast, No Comment on Bristol Tuesday, 13 Feb 2007 | 4:18 AM ET

    Sanofi-Aventis  posted higher-than-expected fourth-quarter current operating profit, despite healthcare savings in Europe as well as generic rivalry, and the drugmaker predicted more growth for 2007.

  • Alcatel-Lucent Posts Loss, To Slash 12,500 Jobs Friday, 9 Feb 2007 | 11:26 AM ET

    Alcatel-Lucent on Friday said it would cut about 12,500 jobs over three years, more than previously announced, as it reported a fourth-quarter net loss and forecast a drop in first-quarter revenues.

  • France Awards Submarine Deal to DCN, Areva Friday, 22 Dec 2006 | 4:48 AM ET

    France's Defense Ministry said Friday it awarded a 7.9 billion euro ($10.4 billion) contract for nuclear-propelled submarines to state-owned warship builder DCN and nuclear energy group Areva.