French ADR Stocks to be Hit with Financial Transaction Tax (FTT)

The French President Francois Hollande has introduced a tax on financial transactions effective  August 2, 2012. This tax of 0.2% applies on all stock purchases of publicly traded French companies with market capitalization of over over one billion Euros. France has become the first country to introduce this tax. While one goal of this tax is …

Continue reading ‘French ADR Stocks to be Hit with Financial Transaction Tax (FTT)’ »

French and German Equity Markets Are Cheap Based On Valuation

The CAC-40 and DAX indices are down 17.9% and 13.7% as of Nov 4, 2011. Both these indices were off much higher in early October but have since recovered some of the losses as some clarity has began to emerge on the solution to the Euro crisis. Click to enlarge Source: Yahoo Finance French and …

Continue reading ‘French and German Equity Markets Are Cheap Based On Valuation’ »

A Review of the World’s Second Largest Retailer

Carrefour SA of France is the second largest retailer in the world after Wal-Mart(WMT) and is also the largest retailer in Europe. The group operates four main grocery store formats: hypermarkets, supermarkets, hard discount and convenience stores. Carrefour currently has over 15,500 stores worldwide, either company-operated or franchises. The major markets for Carrefour are: Asia, …

Continue reading ‘A Review of the World’s Second Largest Retailer’ »

The 10 Most Profitable French Companies

The 10 largest publicly-listed most profitable French companies that appear in the Forbes Global 2000 list for 2010 are listed below: Rank Company Industry Sales ($bil) Profits ($bil) 1 Total Oil & Gas Operations 160.68 12.1 2 BNP Paribas Banking 101.06 8.37 3 Sanofi-aventis Drugs & Biotechnology 41.99 7.54 4 GDF Suez Utilities 114.65 6.42 …

Continue reading ‘The 10 Most Profitable French Companies’ »

Three French ADR Stocks

Unlike Canada or Canada,there are not many French stocks listed in the US. Other than the iShares France ETF (EWQ) there are some French companies that trade in the The following are three stocks worth looking into: 1.CGV Veritas(CGV) provides technical services to oil and gas companies or exploration.Year-to-Date the stock is down nearly 62%.CGV …

Continue reading ‘Three French ADR Stocks’ »