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  >  Société Générale    GLE   FR0000130809

SOCIÉTÉ GÉNÉRALE (GLE)
Mes dernières consult.
Most popular
Report
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

SocGen stake in Vivendi not strategic, CEO says

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/03/2012 | 02:22pm CET

Societe Generale's (>> SOCIETE GENERALE) 7.86 percent stake in entertainment group Vivendi (>> VIVENDI) is not strategic and is linked to an employee savings scheme managed by the French bank, SocGen's chief executive said on Thursday.

Societe Generale's (>> SOCIETE GENERALE) 7.86 percent stake in entertainment group Vivendi (>> VIVENDI) is not strategic and is linked to an employee savings scheme managed by the French bank, SocGen's chief executive said on Thursday.

"(The Vivendi stake) is not strategic and it is mainly linked to the fact that we manage their employee savings scheme," Frederic Oudea told journalists on a conference call.

Separately, SocGen Deputy CEO Severin Cabannes said a surge in fixed-income revenue in the first quarter had been driven by both client activity and trading, adding that client demand could be fulfilled whatever the regulatory environment.

(Reporting by Lionel Laurent; Editing by James Regan)

Stocks treated in this article : SOCIETE GENERALE, VIVENDI
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SOCIÉTÉ GÉNÉRALE
12/15 France moves to rein in corporate borrowing binge
12/15 SOCIETE GENERALE : Appointments Within Societe Generale Corporate & Investment B..
12/13 16,428 Shares in Hawaiian Telcom Holdco, Inc. (HCOM) Acquired by SG Americas ..
12/13 SOCIETE GENERALE : First green financing in the maritime transport sector signed
12/13 SOCIETE GENERALE : buys 28.24 lakh shares of SREI Infra
12/12 SOCIETE GENERALE : #17-56 Delisting of Instruments issued by Societe Generale Ef..
12/09 SOCIETE GENERALE : Strengthens Its Commitments in the Fight Against Climate Chan..
12/08 European stocks rally after Brexit, banking rules deals
12/08 SOCIETE GENERALE : USD to face tough year in 2018 - Analysis
12/08 European indices gain as EU, UK reach deal in Brexit talks
More news
News from SeekingAlpha
12/05 Geared To Growth, Societe Generale's New Plan Doesn't Offer Much That's New
11/05 Societe Generale ADR 2017 Q3 - Results - Earnings Call Slides
11/03 Societe Generale ADR reports Q3 results
11/02 BNP Paribas Is A Yield Play
10/18 2 Under-Followed Banks Offering High-Dividend Yields
Financials (€)
Sales 2017 24 134 M
EBIT 2017 6 882 M
Net income 2017 3 145 M
Debt 2017 -
Yield 2017 5,00%
P/E ratio 2017 11,00
P/E ratio 2018 8,78
Capi. / Sales 2017 1,45x
Capi. / Sales 2018 1,37x
Capitalization 34 898 M
Chart SOCIÉTÉ GÉNÉRALE
Duration : Period :
Société Générale Technical Analysis Chart | GLE | FR0000130809 | 4-Traders
Technical analysis trends SOCIÉTÉ GÉNÉRALE
Short TermMid-TermLong Term
TrendsBullishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 25
Average target price 49,6 €
Spread / Average Target 15%
EPS Revisions
Managers
NameTitle
Frédéric Oudéa Chief Executive Officer & Director
Lorenzo Bini Smaghi Chairman
Philippe Heim Group Chief Financial Officer
Carlos Goncalves Head-Global Technology Services
Xavier Lofficial Head-Transformation & Information Systems
Sector and Competitors
1st jan.Capitalization (M$)
SOCIÉTÉ GÉNÉRALE-5.82%41 002
JP MORGAN CHASE & COMPANY22.27%368 277
INDUSTRIAL AND COMMRCL BANK OF CHINA LTD33.56%306 922
BANK OF AMERICA30.50%302 905
WELLS FARGO7.46%295 032
CHINA CONSTRUCTION BANK CORPORATION28.31%238 071