(Photo credits: Wikimedia Commons – Ketounette)
(Updated with Faurecia, Vodafone, Sanofi)
* Change in futures on the CAC 40 0#FCE index:
* Change in Stoxx 600 0#FXXP index futures:
* Securities that are traded ex-dividend .EX.PA
* Update on European .EUFR markets
PARIS, Jan 31 (Reuters) – Stocks to watch on Monday at the Paris Stock Exchange and across Europe where futures are pointing to a higher open:
* CASINO CASP.PA on Friday reduced its annual forecast of gross operating surplus (Ebitda) for its brands in France, now expected to fall by 1.7% in 2021 while the group had so far expected an increase , suggesting a market down in the fourth quarter. nS8N2MJ09D
* FAURECIA EPED.PA – Euronext announced on Monday that the listing of the title of the automotive supplier will be suspended from the opening pending a press release, as part of the expected finalization of operations related to the takeover of the German group Hello. nFWN2UA026
* SANOFI SASY.PA announced on Monday that the Committee for Medicinal Products for Human Use of the European Medicines Agency has issued a favorable opinion and recommended to extend the indications of Dupixent to the treatment of severe asthma associated with inflammation of the type 2 in children 6 to 11 years old.
* ORPEA ORP.PA – The group’s board of directors, implicated this week in a book on the management of nursing homes in France, announced on Sunday the dismissal of its managing director, Yves Le Masne, and the appointment of a new CEO. nL8N2UA0HO
* RYANAIR RYA.I – The airline on Monday reported a loss of 96 million euros over the last three months of 2021 and said it expected significant uncertainty for the current quarter due to the COVID-19 pandemic.
* MONTE DEI PASCHI BMPS.MI – The Italian Treasury is pushing for the departure of the managing director of the bank in which it owns 64% of the capital, Reuters has learned from three sources familiar with the matter, while the establishment is seeking to refinance on the markets.
* SAIPEM SPMI.MI – The Italian oil services group withdrew its annual outlook on Monday, citing the “significant deterioration” in margins for some projects due to the pandemic and rising raw material and logistics costs.
* VODAFONE VOD.L – The activist fund Cevian has taken a stake in the British telecommunications group, the Bloomberg agency reported on Friday, citing sources familiar with the matter.
* KPN KPN.AS – The Dutch group on Monday announced a new share buyback program and a dividend hike as its quarterly operating profit rose on the back of growing mobile phone revenue.
* KLEPIERRE LOIM.PA – Societe Generale lowers its recommendation to “sell” against “hold”.
* ARKEMA AKE.PA – Berenberg raises its recommendation to “buy” against “hold”.
* EDENRED EDEN.PA – Berenberg raises its recommendation to “hold” versus “sell”.
THE FRANCE & INTERNATIONAL 7-DAY AGENDA: nL8N2U85O8
(Written by Jean-Stéphane Brosse and Laetitia Volga, edited by Blandine Hénault)