Fnac threatened by Darty’s English past

The liquidator of Comet, a British distributor formerly in the same fold as Darty, claims 98 million euros from the group. –Darty was bought by the Fnac group in 2016. The two now united brands were able to adapt to the boom in e-commerce, and posted good performances in 2018. Belpress / ANDBZ / ABACA … Read more

Vendéen Michelin employees on the floor will not return their tires

The mayor of La Roche-sur-Yon, Luc Bouard, has obtained a commitment from the manufacturer which allows redundant employees to keep this advantage in kind. –The Michelin factory in La Roche-sur-Yon. LOIC VENANCE / AFP This story of tires was not started to deflate. We can even say, to stay in the automobile metaphor, that the … Read more

On Wall Street, the Dow Jones falls with growing fears about the coronavirus

The flagship index of the New York Stock Exchange, the Dow Jones Industrial Average, fell sharply Friday during the session, market players being more and more worried about the epidemic of coronavirus. Around 19:15 GMT, the Dow Jones yielded 1.85%, to 28.325.79 points, after having released more than 2% a few minutes earlier. The highly … Read more

MARKET POINT-Timid rebound in sight in Europe but fears persist (updated)

(Actualisé avec contrats à terme, commentaires, ouverture du marché obligataire en Europe) * Les Bourses européennes devraient tenter de repartir * Les craintes liées au coronavirus n’ont pas disparu * Les marchés asiatiques ont encore reculé * Les rendements obligataires se stabilisent par Patrick Vignal PARIS, 28 janvier (Reuters) – Les principales Bourses européennes devraient … Read more

The Paris Bourse should open sharply lower

The Paris Bourse was moving towards an opening in the red before the acceleration of measures to curb the spread of the coronavirus epidemic and confirmation that the virus was more contagious than the Srars of 2002-2003. Friday, the Parisian odds had ended in clear rebound (+ 0.88%) at 6,024.26 points. The New York Stock … Read more

First successful flight for the new Boeing 777X, the world’s largest aircraft

IN PICTURES – The largest twin-engine aircraft ever built is set to succeed the 747 Jumbo. –Boeing employees and others celebrate the return of the Boeing 777X to a hangar after its first test flight. TERRAY SYLVESTER / REUTERS Washington Finally good news for Boeing. After several months of delay, its new aircraft, the B … Read more

Ipsen falls heavily on the stock market after stopping clinical trials

PARIS, January 24 (Reuters) – Ipsen suffers the worst drop in its stock market history Friday after the announcement of the end of clinical trials of an experimental treatment for a rare bone disease, a new setback for the product portfolio in development of the biopharmaceutical group. The Ipsen share lost 21.41% to 65.70 euros … Read more

Paris: falls below 6,000 under the weight of Renault and luxury

(CercleFinance.com) – The Paris Stock Exchange (-0.65%) failed to raise the bar and finished below 6.000Pts, for the first of the year. The CAC40 (5.972) only made a brief foray into positive territory this Thursday noon (around 6.025) before increasing inexorably during the last 2 hours of quotations. The session was marked by the plunge … Read more

Vaccine biotechs leap to Wall Street

In response to the spread of the mysterious virus from Wuhan, several biotech companies say they are working on a vaccine. Through Le Figaro with AFP –Already called upon in the past to deal with SARS and Ebola, some of these laboratories saw their actions suddenly gain value this week. StockAdobe Biotech company stocks jumped … Read more

Update on recommendations changes in Paris: Renault, Sodexo, Elior …

PARIS, January 23 (Reuters) – Main changes to recommendations and / or course objectives recorded Thursday in Paris. * RENAULT – Citigroup lowers its recommendation to “sell” against “neutral” and its target price to 30 euros against 52 euros. Barclays lowers its target price to 45 euros against 59 euros. * SODEXO – HSBC begins … Read more