Cool on the European stock.

Keywords: Banks, Debts, earnings, EUROPE, ASIA, U.S., Bernanke, Jean-Claude Trichet, BNP Paribas, Societe Generale, Credit Agricole.

In anticipation of the speech by Jean-Claude Trichet, head of the ECB, the European financial markets limit their losses. In Paris the CAC gained nearly 0.6%. Elsewhere, the Madrid Stock Exchange and Athens repeat colors.

It will be eagerly awaited. In a broader context that tight - theare Wednesday riots in Greece have killed three people - Speech of President of the European Central Bank (ECB), Jean-Claude Trichet, at 14:30 on Thursday in Lisbon, will be followed by an ear by investors. The President of the ECB could decide unconventional measures to reassure markets about the issue of public debts. The topics addressed include the possibility for the institution to buy loans to States to stabilize the bond market.
Overseas, his American counterpart, Ben Bernanke will speak on the evaluation of strength test of financial institutions, around 15:30. The weekly claims for unemployment benefits are also planned.
After an eventful opening, the European stock depart ahead. In Paris the CAC 40 gained 0.58% to 3657.09 points. As for the other European exchanges, London ahead of 0.17% and 0.60% Frankfurt.
Wednesday the CAC 40 lost 1.44% and 0.55% Wall Street. On Thursday morning, the Nikkei fell more than 3%. Catching-up, the Tokyo Stock Exchange was closed for three days.
The euro fell to a new low since March 12, 2009 to 1.2764 dollar.

BNP Paribas set to 5 billion euros in debt Greek:
As for values, BNP Paribas advance of 3.48% to 49.50 euros. The banking group has published a Net Income up 46.5% to 2.28 billion euros for the first quarter, above expectations. The consensus was expecting a Reuters net profit up 5% to 1.64 billion euros.
The banking group is exposed to the Greek debt to 5 billion euros, cons 3 billion euros for Societe Generale and 850 million euros to Credit Agricole. The group Banques Populaires and Caisses d'Epargne is itself exposed to 2.1 billion euros, which 882 million euros for its subsidiary Natixis.

Societe Generale exposed to 13 billion euros in debt PIIGS:
After losing 0.74% at the opening, Societe Generale gained 1.36% to 38.82 euros. A spokesman Societe Generale said the French bank was exposed to the tune of 13 billion euros to the sovereign debt PIIGS (Portugal, Italy, Ireland, Spain and Greece). It is a figure unchanged since the submission of 2009 results.
Titles Vivendi slip 0.06% to 17.89 euros while setting a dividend of 1.4 euros, voted in a general meeting on April 29 last. The decline is mechanical.

Plethora of publications:
As to Cap GeminiThe group recorded a turnover of 2.052 billion euros in the first quarter, down 6.9% over one year. The shares climbed 5.70% to 38.74 euros.
AXA (-2.19% to 13.18 euros) posted sales up 1.1% to 27.910 billion euros, but below expectations.
Alcatel (-5.71% To 2.13 euros) announced sales of 3.24 billion euros, down 9.8%. Trading in its action was a time suspended.
With the whole banking sector, Credit Agricole advance of 2.49% to 10.39 euros. Emporiki, the Greek subsidiary of Credit Agricole, On Wednesday posted a quarterly loss up 24.1% compared to last year, to 209.3 million euros as a result of the increase in provisions.
Finally Natixis gaining 3.29% to 3.7 euros and Dexia 1.82% to 3.25 euros.
Value-laden automobiles Renault gaining 2.69% to 33.84 euros, after losing 0.62% at the opening, and Peugeot 2.18% to 20.90 euros, after yields 0.61% at the opening.
The Chief Executive PSA Philippe Varin said that his group will repay one billion euros this year in anticipation that the State, under the loan that was granted in early 2009 to meet the challenges of sectors. As for his counterpart at Renault, Carlos Ghosn, he reaffirmed his intention to "repay the shortest possible time" on loan from the State, without specifying any figures.
Hermes (3.46% to 102.60 euros) yields a turnover up 18.5% in the first quarter to 507.7 million euros.
Finally PagesJaunes (2.82% to 9.33 euros) continued to see its revenues decline in the first quarter: its sales lost 3.2% to 233.9 million euros, but it provides a better second half performance its Internet activities.
Vinci and Lafarge hold their general meeting.

Bureau Veritas in form:
GDF Suez (-1.13% To 25.88 euros): Moody's downgraded from "stable" to "negative" view of the group notes. The group announced it had completed the sale of Fluxys 636 million euros, with a gain of 422 million. In an interview with Les Echos on Thursday, the group's CEO Gerard Mestrallet also states that the global oversupply of gas could disappear in 2012-2013.
Off-CAC 40 Decaux anticipates organic growth of around 9% in the second quarter thanks to increased market visibility and, after a rebound of 5.6% in the first quarter, exceeding its own expectations. The title gained 1.16% to 21 euros.
Like Veritas (2.80% to 42.56 euros) Wednesday announced a turnover in organic decline of 2.6% in the first quarter and confirmed targeting a gradual return to growth in the second semester in favor of a increased its order intake.
Vicat (1.82% to 56.54 euros) issued a turnover of 398 million euros in the first quarter down 5.6% at constant scope and exchange rates.
Mr Bricolage (-1.95% To 14.57 euros) issued a turnover up 1.8% to 135.1 million euros in the first quarter and confirmed its full-year trends in view of its April .
OL Groupe (0.39% to 7.58 euros), parent of Olympique Lyonnais, showed a decrease of 6.3% of its turnover to 125.5 million euros in the first quarter.