Areva's Unhealthy Glow

LONDON - The French public is suffering from a crisis of confidence in nuclear energy, now that power firm Areva has revealed a second leak in ten days at one of its sites. Though it might not mean much for Areva's bottom line, the political consequences for chief executive Anne Lauvergeon could be painful. "It's been a pretty big scandal, there's been a fair amount of outcry," said Alex Barnett, a Paris-based analyst for Jefferies. "If it escalates at all, Anne Lauvergeon will be in the firing line." Shares in Areva (other-otc: ) fell 1.8%, to 772.05 euros ($1,223.23), during afternoon trading in Paris, while rival Alstom... [read full story]                    

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