The Companies that may rise or fall on the Paris stock exchange today

Shares of the following companies may rise or fall on the Paris stock exchange today. Symbols are in parentheses after company names and prices are from the last close.

July futures on the CAC 40 Index sank 38.5 to 6032.5 at 8:19 a.m. in Paris.

The CAC 40 rose 48.62, or 0.8 percent, to close at 6054.93 on June 29. The broader SBF 120 Index gained 32.46, or 0.7 percent, to close at 4412.76.

Electricite de France SA (EDF FP): Electricite de France SA Chief Executive Officer Pierre Gadonneix said on June 29 a merger with Gaz de France SA was possible. French residential consumers are being allowed to switch electricity suppliers as part of a market opening plan ordered by the European Commission. Shares of EDF fell 35 cents, or 0.4 percent, to close at 80.28 euros.

Euler Hermes (ELE FP): Allianz AG will not increase its stake in credit insurer Euler Hermes beyond the current level, Clemens Von Weich, chief executive officer of Euler Hermes, told Investir in an interview. The stock added 30 cents, or 0.3 percent, to 105.3 euros.

Fonciere des Regions SA (FDR FP): Citigroup Inc. raised shares of the real-estate manager to ``buy'' from ``hold.'' The stock tumbled 4.43 euros, or 3.9 percent, to 108.51.

Gaz de France SA (GAZ FP): France's government will decide whether to push ahead with a planned merger between Gaz de France SA and Suez SA within two weeks, La Tribune reported, citing an adviser to President Nicolas Sarkozy. Shares of GDF rose 67 cents, or 0.3 percent, to close at 37.49 euros.

Groupe Danone SA (BN FP): Kraft Foods Inc. is believed to be in discussions with the world's largest yogurt maker over the purchase of Danone's biscuit and cereal products division, the Financial Times reported, without saying where it got the information. Shares of Danone rose 1.27 euros, or 2.2 percent, to close at 60.02 euros.

Groupe Eurotunnel SA (ALU FP): Groupe Eurotunnel SA, which operates the rail link between the U.K. and France, will start trading today. It is the post-reorganization incarnation of Paris-listed Eurotunnel SA in Paris and London-listed Eurotunnel Plc. Chief Executive Officer Jacques Gounon said the company paid off its 9.2 billion-euro ($12.4 billion) debt on June 29, putting debt in line with revenue for the first time.

Iliad SA (ILD FP): Morgan Stanley cut its recommendation on shares of France's second-largest provider of broadband Internet connections for consumers to ``equal weight'' from ``overweight.'' The stock sank 90 cents, or 1.2 percent, to 75 euros.

Safran SA (SAF FP): Safran directors disagree on whether the aircraft electronics manufacturer should merge with Thales SA, Le Journal du Dimanche said, without citing anyone. Shares of the maker of aircraft engines fell 9 cents, or 0.5 percent, to 18.99 euros.

Sanofi-Aventis SA (SAN FP): France's biggest drugmaker withdrew the U.S. application for its most-promising experimental product, the weight-loss drug Zimulti, after regulators linked it to suicide. The drug is known as Acomplia outside the U.S. The shares slid 33 cents, or 0.6 percent, to 60.1 euros.

Soitec SA (SOI FP): The company, whose silicon is used to make the semiconductors that power Microsoft Corp.'s Xbox game console, said first-half sales will show a 20 percent drop. Weak demand and declines in the dollar will cut first-half margins, Soitec said. The stock dropped 16 cents, or 1 percent, to 15.81 euros.

Stallergenes SA (GENP FP): Wendel Investissement SA, a French private equity firm, has hired Rothschild to sell Stallergenes, La Lettre de l'Expansion reported, without saying where it obtained the information. Shares of Europe's second- largest maker of allergy drugs added 25 cents, or 0.4 percent, to 63.9 euros.

Trigano SA (TRI FP): The maker of recreational vehicles said it will revise full-year sales and profit targets. The company cited difficulties at its Eura Mobil unit and flooding at its North Lincolnshire, U.K. site. The stock advanced 85 cents, or 2 percent, to 43.85 euros.

source:bloomberg.com