Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Euronext Paris  >  Casino Guichard-Perrachon    CO   FR0000125585

Mes dernières consult.
Most popular
Delayed Quote. Delayed  - 01/19 05:35:20 pm
47.54 EUR   -0.81%
01/17 Carrefour warns on profit again ahead of strategy plan
01/17 European Corporate Roundup for Wednesday
01/17 CASINO GUICHARD : 4Q Revenue Fell Slightly
News SummaryMost relevantAll newsSector newsTweets

Short-seller Muddy Waters seeks to unmask Google Gmail fraudster

share with twitter share with LinkedIn share with facebook
share via e-mail
11/01/2017 | 09:40pm CET
FILE PHOTO - Google logo on office building in Irvine, California

Muddy Waters, the investment firm run by prominent short-seller Carson Block, on Wednesday asked a New York court to force Google to help it identify someone who impersonated a Wall Street Journal reporter to uncover its strategy toward a French retailer it was betting against.

The unusual petition filed with the state Supreme Court in Manhattan seeks the identity of "John Does 1-5," who Block said admitted to misusing Gmail accounts to learn his thoughts about the retailer, supermarket operator Casino Guichard-Perrachon SA (>> Casino Guichard-Perrachon), and his whereabouts.

Google, a unit of Mountain View, California-based Alphabet Inc (>> Alphabet), declined immediate comment because it was reviewing the legal papers.

In a statement, Block said he pursued the matter following "numerous attempts at surveilling me for over a year."

Block made his mark in the $3 trillion hedge fund industry by challenging accounting practices of Chinese companies such as Sino-Forest Corp, once backed by billionaire John Paulson, and then shorting their stocks, betting the prices would fall.

He began targeting Casino's accounting and use of leverage in December 2015, prompting the operator of Monoprix and Geant stores to accuse him of issuing misleading research for his own benefit. Standard & Poor's nonetheless downgraded Casino to "junk" status three months later.

"John Does 1-5" was accused of having from September 2016 to October 2017 frequently sent emails and made phone calls to Muddy Waters falsely claiming to be Journal reporter William Horobin, an investigator at French securities regulator Autorite des Marches Financiers, and an employee at a Paris bank.

Muddy Waters said these communications sought information on its Casino research, Block's speaking schedule and whether the regulator was investigating the firm.

According to the petition, "John Does 1-5" admitted to Block at an Oct. 30 meeting at a Manhattan hotel to having lied by impersonating Horobin, believing Muddy Waters would have otherwise ignored him.

But when Block asked "John Does 1-5" for his real identity and whether Casino had hired him, "the individual quickly left the hotel," the petition said.

Casino said in a statement: "These alleged suspicions would just be another attempt to destabilise our group and we vehemently refute and deny any such allegations."

Muddy Waters said it wants information that Google has refused to provide concerning whoever controls two Gmail accounts used in the surveillance. It also said Horobin has confirmed he does not control the account bearing his name.

"Our reporter did not make these inquiries," The Wall Street Journal said in a statement. News Corp (>> News Corp) owns the newspaper.

The case is In re: Muddy Waters Capital LLC for an order pursuant to section 3102(c) of the Civil Practice Law and Rules to compel pre-action disclosure from Google Inc, New York State Supreme Court, New York County, No. 159730/2017.

(Reporting by Jennifer Ablan and Jonathan Stempel in New York; Additional reporting by Matthias Blamont in Paris; Editing by Cynthia Osterman and Tom Brown)

By Jonathan Stempel and Jennifer Ablan

Stocks treated in this article : Casino Guichard-Perrachon, News Corp, Alphabet
share with twitter share with LinkedIn share with facebook
share via e-mail
01/17 Carrefour warns on profit again ahead of strategy plan
01/17 European Corporate Roundup for Wednesday
01/17 CASINO GUICHARD PERRACHON : 4Q Revenue Fell Slightly
01/17 CASINO GROUP : 2017 Sales
01/17 CASINO GROUP : 2017 Sales
01/12 Investors want more Carrefour digital deals after Showroomprive purchase
01/11CASINO GUICHARD PERRACHON SA : annual sales release
01/08 CASINO GUICHARD PERRACHON : Let's get cheesy
2017 CASINO GUICHARD PERRACHON : Driver shortages dent sales growth at UK online groc..
2017 CASINO GUICHARD-PERRACHON : ex-dividend day for interim dividend
More news
News from SeekingAlpha
2017 'Safer' Dividend Consumer Defensive Gains By Philip Morris Are Almost 4X Kell..
2017 Phillip Morris Leads Consumer Defensive Sector Gains Per Broker 1-Year Decemb..
2017 Innovative online supermarket deal in Europe
2017 Newell 'Safer' Dividend Consumer Defensive Gains Are Far More Than Phillip Mo..
2017 Fred's Smokes Phillip Morris To Lead Consumer Defensive Sector Gains Per Brok..
Financials (€)
Sales 2017 38 077 M
EBIT 2017 1 206 M
Net income 2017 272 M
Debt 2017 4 188 M
Yield 2017 6,56%
P/E ratio 2017 21,24
P/E ratio 2018 13,53
EV / Sales 2017 0,25x
EV / Sales 2018 0,24x
Capitalization 5 277 M
Duration : Period :
Casino Guichard-Perrachon Technical Analysis Chart | CO | FR0000125585 | 4-Traders
Technical analysis trends CASINO GUICHARD-PERRACHON
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus HOLD
Number of Analysts 19
Average target price 52,4 €
Spread / Average Target 10%
EPS Revisions
Jean-Charles Henri Naouri Chairman & Chief Executive Officer
Julien Lagubeau Chief Operating Officer & Secretary
Antoine Marie Remi Giscard-d'Estaing Chief Financial Officer & CEO-Corporate Finance
Gilles Pinoncély Non-Independent Director
Gérald de Roquemaurel Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
SEVEN & I HOLDINGS CO., LTD.-3.65%36 337
KROGER4.44%26 194