Jul 31, 2008

TOTAL supports the document with a gain of 1.7%.

The stocks followed the Paris stock exchange in - List of stocks followed in mid-session on the Paris stock exchange where the CAC 40 gaining 0.6%.

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* SANOFI-AVENTIS yields 4.6%, largest decline of ACC, after announcing sales below expectations in the second quarter and disappointing in its new research. Some analysts, however, noted that the decline in net income was due to exceptional items.

* FRANCE TELECOM takes 2.65% after announcing the first payment of a dividend and published first half results above expectations. WestLB has degraded the title of "accumulate" to "hold", noting that the market had speculated on a share buyback program.

* CAP GEMINI loses 3%, a victim of profit taking after the announcement of an operating margin of 7.6% in 1st half (Reuters consensus 7.5%) on a turnover down 0.5%, in line with expectations. The group confirmed seek a margin of 8.5% in 2008. Oddo expecting a slight upward revision of the margin 2008.

* ARCELORMITTAL still takes 2.7% after winning more than 8% the previous day, while several brokers have raised their recommendation and / or objective of the course after perform substantially better than forecast published Wednesday.

* EDF, the biggest increase ACC, took 2.8%, while, according to Le Figaro, the board will endorse a deal Thursday evening at 760-770 pence / action on British Energy.

* EADS takes 1.2%. Exane raised its recommendation from "under-performance" to "neutral", Deutsche Bank has revised down its target of over 9.0 to 12.50 euros, after the publication of results of the group.

* MICHELIN (+0.3%) has stabilized after a decline of 2.7% the previous day, after moderate its ambitions for 2008 and issued an operating profit of S1, down 18%. Several brokers have lowered their target on the course title, including Cheuvreux, Natixis, Oddo, Lehman and Credit Suisse.

* SAFFRON lost more than 9%, largest decline of SRD, the market was disappointed by forecasts of the group. Deutsche Bank, a past sale, said the economic slowdown is not fully integrated into courses.

* Technip wins 6.1%, with the whole oil sector. The group has published results in strong growth and noted its 2008 profit forecast by about 8% (). Oddo rose to purchase.

* DASSAULT SYSTEMES lost 5.2% after publishing results above expectations. The group disappointed the market by merely confirmed its 2008 targets.

* CGG VERITAS, the largest increase SRD, took 11.5% after first half results and prospects considered encouraging, though qu'affectés by the changes. Oddo, for whom these results are better than expected, remains in the purchase, with a new target of 38.5 euros against 40.50 euros. Citigroup, conserve, brought his own 35 to 40 euros

* BELVÉDÈRE boggles with 43% after losing 47% before the resumption of trading following the opening of a safeguard procedure on society wine & spirits.

* LEGRAND gaining 4.7%. Cheuvreux raised its target over 17 to 20 euros, while remaining the sale, following the publication of results slightly below consensus, with a goal margin maintained.

* EUTELSAT takes 1.8% after announcing results in line with expectations and raised its growth forecast for the next three years.

* SUEZ ENVIRONMENT takes 2.87% to 18.31 euros. Societe Generale will turn to initiate coverage of title to the purchase, with a target of over 25 euros. SG has also started that GDF Suez to buy, target 50 euros.

* IMERYS yields 3.7% after a net profit of S1 down 4.6% and a net profit from ordinary activities increased 3.2%. The group is aiming for 2008 a net profit "as close as possible" that of 2007 (). Societe Generale cut its target over 47 to 34 euros

* NEXITY yields 1.5% after the announcement of a drop of 12% of its profit before tax in 1st half. The developer has lowered its outlook as planned for 2008 and the medium term, anticipating a further deterioration of the property market. - Landsbanki Kepler believes that the "profit warning" could be the basis for a new start. The title fall by 54% since early 2008.

* IPSEN takes 3.7% after a turnover up by 9.3% in Q2 and raising its 2008 forecast.

* INFOGRAMES flies to 15% after it published a turnover better than
expected thanks to a rebound in the market and confirmed its forecast for the year.

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