Credit Agricole

GLOBAL MARKETS-Shares turn lower, data hits sterling

finance.cz     May 13, 2008   2 related          

By Natsuko Waki European shares and sterling fell on Tuesday after news of falling profits at Europe's banks and UK data showing a jump in inflation, a weakening housing market and soft retail sales reinforced the gloom about the economy. Oil fell further away from Monday's record peak, while a...                    

So much news, so little change

guardian.co.uk     May 13, 2008   2 related          

After a hectic day - encompassing a shock inflation figure, the failure of one FTSE 100 bid and speculation surrounding another, as well as more gloom from the banks and the housebuilders - leading shares ended virtually unchanged. News that the annual inflation rate had risen to 3% in April...                    

Miners help offset A&L writedowns and inflation woe

scotsman.com     May 14, 2008   1 related          

Published Date: 14 May 2008 LEADING London shares ended just inside negative territory yesterday as worrying inflation data and writedowns at Alliance & Leicester hit banks, while merger activity helped buoy mining shares. The benchmark FTSE 100 index closed 8.7 points l ower at 6,211.9 after a...                    

Societe Generale says profits firm after rogue trader crisis

afp.com     May 13, 2008   2 related          

PARIS (AFP) - French bank Societe Generale reported a big quarterly profits fall on Tuesday but exceeded analysts' expectations after huge losses inflicted by its rogue trader scandal. ... The bank said net profit in the first quarter fell by 23.4 percent to 1.096...                    

Credit Agricole plans $9.2 billion capital raising

marketwatch.com     May 13, 2008          

LONDON (MarketWatch) -- French bank Credit Agricole said Tuesday that it intends to raise around 5.9 billion euros ($9.2 billion) by selling new stock to shareholders after taking another 1.21 billion euros of write-downs in the first quarter. The bank said the latest write-downs will results in...                    

mikemennell commented on "Credit Agricole plans $9.2 bln capital boost, takes write-down"

marketwatch.com     May 13, 2008          

mikemennell's MarketWatch story recommendations will appear here. Any MarketWatch story can be recommended by clicking the stars at the top of the story. ↓ Story: Credit Agricole plans $9.2 bln capital boost, takes write-down (2 minutes ago) SocGen cannot control its staffing costs and its...                    

Europe shares trade flat early; C.Agricole weighs

finance.cz     May 13, 2008   2 related          

By Sitaraman Shankar European shares traded flat early on Tuesday, as British stocks weakened on inflation data and Credit Agricole CAGR.PA weighed after announcing a capital increase, offsetting gains in defensive utilities and drugs. Credit Agricole fell 4.5 percent after saying it planned a capital...                    

Euroshares open up on Wall St, Asia gains; Credit Agricole down on capital hike

finanznachrichten.de     May 13, 2008   1 related          

LONDON (Thomson Financial) - Leading European bourses opened higher in morning deals, tracking gains in New York and Asia, but gains were capped as the ... ... LONDON (Thomson Financial) - Leading European bourses opened higher in morning deals, tracking gains in New York...                    

Madrid shares turns lower midday on profit-taking; Bankinter outperforms

finanznachrichten.de     May 13, 2008          

MADRID (Thomson Financial) - Shares prices turned lower on profit-taking in quiet midday trade, with Repsol YPF reversing gains ahead of a news conference following its first-quarter results, while Bankinter outperformed on fresh hopes of a takeover by Credit Agricole. Repsol YPF shed 0.08 euros...                    

Euroshares down midday, Wall St seen lower, banks fall, more credit woes UPDATE

finanznachrichten.de     May 13, 2008          

LONDON (Thomson Financial) - Leading European exchanges were down in midday trading, with Wall Street headed for a lower open as traders note disappointment over the outlook of bellwether Wal Mart's outlook. The European banking sector continued to underperform throughout the morning amid further...