Shares in French defence electronics company Thomson-CSF SA fell nearly 10% when they resumed trading after a halt to let the market digest news of sharply lower profits from state-owned bank Credit Lyonnais, Reuter reports from Paris: the shares were quoted at 135 francs, down 12.90 from Monday; Thomson-CSF, which owns 15.5% of Credit Lyonnais, […]
Shares in French defence electronics company Thomson-CSF SA fell nearly 10% when they resumed trading after a halt to let the market digest news of sharply lower profits from state-owned bank Credit Lyonnais, Reuter reports from Paris: the shares were quoted at 135 francs, down 12.90 from Monday; Thomson-CSF, which owns 15.5% of Credit Lyonnais, said first-half profits would be below forecast because of Credit Lyonnais, which reported net attributable profit for the first half of 119m francs against 1,610m this time last year.
