AMSTERDAM (Thomson Financial) - Shares are expected to open slightly higher
on the back of higher overnight closes on Wall Street.
Yesterday, the AEX closed down 0.72 points, or 0.15 percent, at 480.66.
FORTHCOMING EVENTS
Today
-Randstad AGM
-Arcadis AGM
-TKH AGM
-BAM AGM
-Smit AGM
TODAY'S PRESS
-Oce to launch next generation printer today, CEO says demand high
(Telegraaf)
-BAM among candidates to build new ECB head office in Frankfurt (Financieele
Dagblad)
-Dell to cut 140 Dutch jobs as part of previously announced staff reductions
(various)
-Dutch financial markets watchdog AFM says 30 percent of pension providers
gives unclear or late information to members about pension build-up.
(Financieele Dgablad)
-Dutch employee willingness to work to age of 65 rises to 30 percent from 20
percent two years ago (various)
COMPANY NEWS
*AKZO NOBEL Q1 SALES 3.506 BLN EUROS VS 3.486 BLN
*AKZO NOBEL NET INCOME PRE-EX FROM CONTINUING OPS 136 MLN EUROS VS 142 MLN
*AKZO NOBEL SAYS CONFIDENT OF AT LEAST MAINTAINING RESULTS IN LINE WITH 2007
*AKZO NOBEL Q1 TOTAL NET INCOME 118 MLN EUROS VS 78 MLN
*AKZO NOBEL Q1 EBIT BEFORE FAIR VALUE ADJUSTMENTS 285 MLN EUROS VS 291 MLN
*AKZO NOBEL's DECORATIVE PAINTS DIV Q1 SALES 1.165 BLN EUROS VS 1.215 BLN
*AEGON Q1 NET 153 MLN EUROS VS 707 MLN
*AEGON Q1 PRETAX OPG 342 MLN EUROS VS 641 MLN
*AEGON Q1 VALUE OF NEW BUSINESS 186 MLN EUROS VS 232 MLN
*AEGON END-2007 TOTAL EMBEDDED VALUE P/SHR 13.44 EUROS, UP 2 PCT VS END-2006
*CORPORATE EXPRESS Q1 SALES 1.362 BILLION EUROS VS 1.440 BILLION EUROS
*CORPORATE EXPRESS Q1 EBIT 50.5 MILLION EUROS VS 49.2 MILLION EUROS
*CORPORATE EXPRESS Q1 NET 8.5 MILLION EUROS VS 15.9 MILLION EUROS
*CORPORATE EXPRESS SEES FY SALES 5.7 BILLION EUROS TO 5.8 BILLION EUROS
*CORPORATE EXPRESS SEES FY EBITDA MARGIN PRE-EX BETWEEN 5.6 AND 6.0 PERCENT
*CORPORATE EXPRESS REITERATES 2008-2010 SALES, EBITDA MARGIN TARGETS
*ARCADIS EXPECTS FURTHER GROWTH OF REVENUES AND PROFITS IN 2008
*ARCADIS SAYS ACQUISITIONS REMAINS HIGH PRIORITY
*ARCADIS Q1 NET 11.6 MILLION EUROS VS 11.6 MILLION
*ARCADIS Q1 EBITA 27.5 MILLION EUROS VS 22.6 MILLION
*ARCADIS Q1 SALES 400 MILLION EUROS VS 332 MILLION
-Fugro wins 5 year contract of up to $250 mln from U.S. Department of
Commerce
MARKET SENTIMENT
-Akzo Nobel seen pressured on weaker-than-expected first quarter results
-Arcadis seen lower as first quarter net profit misses estimates
-Aegon is expected to come under pressure after reporting a drop in Aegon
first quarter net, operating income on currency, markets turmoil
` -Corporate Express in focus after the company reiterated its 2008-2010
targets while reporting first quarter results that fell short of market
expectations
-BinckBank target cut to 11.50 euros from 12.80 at ING; 'buy' held
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