{"id":7584,"date":"2021-02-19T09:10:29","date_gmt":"2021-02-19T09:10:29","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2021\/02\/19\/cac-40-edges-higher-on-earnings\/"},"modified":"2021-02-19T09:10:29","modified_gmt":"2021-02-19T09:10:29","slug":"cac-40-edges-higher-on-earnings","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2021\/02\/19\/cac-40-edges-higher-on-earnings\/","title":{"rendered":"CAC 40 Edges Higher On Earnings"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> French stocks were moving higher on Friday after the release of mixed PMI data. <\/p>\n<p>Manufacturing output improved to a five-month high, while the services PMI hit a three-month low as tighter virus restrictions continue to weigh on <span class=\"landLinks\">business<\/span> activity, Markit said. <\/p>\n<p>The benchmark CAC 40 rose 9 points, or 0.2 percent, to 5,737 after declining 0.7 percent in the previous session. <\/p>\n<p>Food company Danone SA rose over 1 percent. The company reported that its net income &#8211; group share for fiscal year 2020 rose to 1.96 billion euros from 1.93 billion euros in the prior year.<\/p>\n<p>The company anticipates to be back to growth in the second-quarter, and to return to profitable growth in the second-half of year.<\/p>\n<p>Luxury goods company Hermes surged 5.4 percent as revenue returned to growth in the second half of the year. <\/p>\n<p>Automaker Renault SA fell as much as 4.5 percent after it posted a record annual loss of 8 billion euros ($9.68 billion). <\/p>\n<\/p>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>CAC 40 Edges Higher On Earnings<\/a><br \/>\n<br \/>2021-02-19 09:10:29<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>French stocks were moving higher on Friday after the release of mixed PMI data. Manufacturing output improved to a five-month high, while the services PMI hit a three-month low as&#8230;<\/p>\n","protected":false},"author":2,"featured_media":7585,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[29],"tags":[],"class_list":{"0":"post-7584","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-euro-markets"},"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/7584","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=7584"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/7584\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/7585"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=7584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=7584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=7584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}