India, Feb. 20 -- French stocks are up in positive territory Thursday morning, rebounding from previous session's losses, as investors track quarterly earnings updates and continue to follow geopolitical news. Concerns about potential new tariffs from the U.S. government and their likely impact on trade and earnings weigh a bit on sentiment.
The benchmark CAC 40 was up 60.27 points or 0.74% at 8,170.81 a few minutes ago.
Schneider Electric shares are up 6% after the company reported that its fiscal 2024 net income was 4.3 billion euros, an increase of 7% from last year. Adjusted earnings per share was 8.32 euros compared to 7.26 euros. Revenues were up 8% organic to 38 billion euros. Fourth quarter revenues were up 12% organic to 11 billi...