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GDF Suez SA (GDFZY/GDFZY.PK) Wrap Up:

GDF Suez, through its subsidiaries, operates as an independent power producer worldwide. It generates electricity from renewable energies; and distributes and sells gas and electricity to individuals, companies, and local authorities. The company has approximately 49,791 kilometers of distribution networks in Europe; and approximately 3,500 kilometers of high voltage lines and approximately 15,428 kilometers of gas pipelines and distribution networks internationally. It also engages in the exploration, production, and supply of oil and liquefied natural gas. In addition, the company involves in the operation of regasification terminals, gas terminals, and gas storages; manages and operates n...

GDF Suez SA (GDFZY:OTC)

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More Recent News About GDF Suez SA

More news for GDFZY

Interim 2009 GDF SUEZ Earnings Release - Time Not Supplied

Earnings Announcements for Thursday, August 27CompanySymbolTimeConferenceCallA-Power Energy Generation Systems, Ltd.APWRBefore Market OpenListenABERDEEN ASIAN INCOME FUNDAAIF.LTime Not SuppliedAccor SAAC.PATime Not SuppliedACEGAS SPAAEG.MITime Not SuppliedACKERMANS & VAN HAAREN SAAVHNF.PKTime Not SuppliedACRUX LTDARUXF.PKTime Not SuppliedACSM S P AACS.MITime Not SuppliedAER LINGUS GROUP PLCAELGF.PKTime Not SuppliedAGR GROUP ASAAGR.OLTime Not SuppliedAJ LUCAS GRAJL.AXTime Not SuppliedAlm. Brand A/SALMB.COTime Not SuppliedAMEC plcAMEC.L02:00 am ETAmerican Eagle Outfitters IncAEOBefore Market OpenListenAMSTERDAM COMMODITIES NVACOMO.ASTime Not SuppliedArriva plcARI.L02:00 am ETAruba Networks, Inc.ARUNAfter Market CloseListenAvis Europe plcAVE.LBefore...
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Europe Tense As Rates Fall

European Central Bank President Jean-Claude Trichet and Bank of England boss Mervyn King left Europe's investors subdued Thursday morning, with a 50 basis-point cut in Britain coming in as expected and a similar cut expected in the euro zone later in the day. Pressure has also grown on central bankers to bring out other tools to spur economic growth.The Dow Jones Euro Stoxx 50 index fell 1.4%, to 1,915.94 points, with auto stocks and technology companies down more than 3.0%. The Dutch AEX index fell more than 3.0%, with benchmarks in Ireland and Italy down more than 2.0%.German government notes had an erratic session, with prices ticking up for three-month, six-month and one-year bonds, while three-year, five-year and seven-year bonds actually fell by between one and three euro cents. British Treasury bond prices rose across the board, with the one-year note rising 7 pence, to 105.02 pounds ($148.12), and the three-year bond up 13 pence, to 109.35 pounds ($154.23).Economists expected the Bank of England to cut interest rates to 0.5%, from 1.0%, on Thursday, which is exactly what was announced, while the ECB is expected to cut rates to 1.5%, from 2.0% later in the day. Despite the gap in rates, a deepening recession is pressuring both institutions. Data for the last three months of 2008 showed how the 16-member euro zone's economy had declined 1.5% quarter-on-quarter, or exactly the same rate as Britain's drop in the same quarter.Preliminary retail sales data from Germany also showed an unexpected drop of 0.6% in January, whereas analysts had forecasted a rise of 0.2%. Quarterly unemployment figures in France showed a rise to 8.2%, from 7.6%, in the fourth quarter.On the earnings front, French utility (other-otc: GDFZY - ...
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