Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Euronext Paris  >  Crédit Agricole    ACA   FR0000045072

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

ADR Report: Shares Lower As Financials Fall

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/09/2012 | 10:56pm CET
   By Corrie Driebusch 
   Of  
 

International companies trading in New York closed slightly lower Friday as the International Swaps and Derivatives Association, known as ISDA, declared that a credit event has occurred for Greek credit default swaps.

The move by the ISDA triggers the payout of credit-default swaps for investors who insured themselves against a Greek default.

The Bank of New York index of ADRs slipped 0.3% to 130.56, weighed down by financials, which had performed strongly the last few sessions.

ING Groep NV (ING, INGA.AE) fell 3.5% to $8.77; Deutsche Bank AG (DB, DBK.XE) dropped 2.1% to $46.19; and Credit Agricole SA (CRARY, ACA.FR) declined 3.7% to $3.05.

The European index fell 0.7% to 119.03.

Carnival PLC (CUK, CCL.LN) reported a better-than-expected fiscal first quarter despite the shipwreck of its Costa Concordia and reassuring trends in other brands tempered reaction to the cruise operator's sharp reduction to its full-year earnings outlook. Shares fell 1.5% to $30.08.

The Latin American index shed 0.7% to 373.37.

The recent rise in global oil prices to as high as $123 a barrel represented a "peak" and does not change Brazil's forecast for average prices in 2012 of $100 a barrel, Maria das Gracas Foster, chief executive of state-run energy company Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, said in a television interview Thursday night. "We don't believe that this recent high level [of oil prices] is going to hold," she told the Globo television network. Shares of Petrobras fell 2.1% to $27.93.

The Asian index rose 0.7% to 130.08, and the emerging markets index inched up 0.03% to 310.35.

Taiwanese flat-panel maker AU Optronics Corp. (AUO, 2409.TW) said Friday it plans to hire 2,500 engineers to develop more advanced touch sensor technologies and expand its solar business. Shares rose 2.7% to $5.42.

Offsetting those gains was Home Inns & Hotels Management Inc. (HMIN, K3UD.SG), whose fourth-quarter earnings slid and missed market expectations as macroeconomic conditions weighed on occupancy rates and revenue per available room at the Chinese hotel chain. Shares declined 6.4% to $27.80.

-By Corrie Driebusch, Dow Jones Newswires; 212-416-2143; corrie.driebusch@dowjones.com

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on CRÉDIT AGRICOLE
02/17 CREDIT AGRICOLE : BraunAbility rolls out wheelchair-accessible Chrysler Pacifica
02/17 European shares retreat after week of gains; Allianz rallies after update
02/15 CORRECTION : CREDIT AGRICOLE SA : Results for the fourth quarter and full year 2..
02/15 European bank shares climb to three-week high in earnings-driven trade
02/15DJCRÉDIT AGRICOLE : Profits From Market Volatility -- 3rd Update
02/15DJCRÉDIT AGRICOLE : Profits From Market Volatility -- 2nd Update
02/15DJCREDIT AGRICOLE : Profit Plunges 67% on Retail Bank Write-Downs -- Update
02/15DJCREDIT AGRICOLE : Profit Plunges 67% to EUR291 Million in Fourth Quarter
02/15 CREDIT AGRICOLE : Results for the fourth quarter and full year 2016
02/15 CREDIT AGRICOLE SA : Results for the fourth quarter and full year 2016
More news
Sector news : Commercial Banks
04:19p CITIGROUP : Citi to improve internal systems after pays fine for South Africa fo..
11:16aDJBANK OF COMMUNICATIONS : China Regulator Has No Objection to Planned Spinoff of ..
10:19aDJALIBABA : China's Alibaba Teams Up With Traditional Retailer
08:38aDJSUBSCRIBERS : RBS, HMT Seek Amendment to RBS's State Aid Commitments Already Rep..
02/18DJBARCLAYS : Risk Hungry? Meet Barclays's New Investment Bank Boss
More sector news : Commercial Banks
News from SeekingAlpha
02/16 EU Second-Tier Banks Could Get Yield Curve Leg-Up
02/15 Credit Agricole SA ADR reports Q4 results
02/15 Credit Agricole SA ADR 2016 Q4 - Results - Earnings Call Slides
02/07 Marine Le Pen And French/European Banks
01/28 MARKETPLACE ROUNDTABLE : Taking It To The Bank
Advertisement
Financials (€)
Sales 2017 18 394 M
EBIT 2017 6 191 M
Net income 2017 3 189 M
Debt 2017 -
Yield 2017 5,06%
P/E ratio 2017 10,84
P/E ratio 2018 9,74
Capi. / Sales 2017 1,83x
Capi. / Sales 2018 1,75x
Capitalization 33 641 M
More Financials
Chart CRÉDIT AGRICOLE
Duration : Period :
Crédit Agricole Technical Analysis Chart | ACA | FR0000045072 | 4-Traders
Full-screen chart
Technical analysis trends CRÉDIT AGRICOLE
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 23
Average target price 12,8 €
Spread / Average Target 8,1%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Dominique Lefèbvre Chairman
Pascal Célérier Deputy MD, Head-Operations & Transformation
Jérôme Grivet Chief Financial Officer & Deputy Managing Director
Jean-Paul Mazoyer Head-Group Information Technology
Laurence Dors-Meary Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
CRÉDIT AGRICOLE0.34%35 702
HSBC HOLDINGS PLC7.70%175 513
AGRICULTURAL BANK OF C..5.16%153 937
AUSTRALIA AND NEW ZEAL..1.15%69 233
JAPAN POST BANK CO LTD1.28%56 609
SHANGHAI PUDONG DEVELO..2.65%52 409
More Results