Meetic: Subscribers were down by 14'000 yoy

Market Recap

DJIA -0.09%, Nasdaq +0.73% and S&P +0.17%

Nikkei +0.96%

WTI Crude Oil USD 34.41

Gold USD 943

USD/EUR 1.2893

A late rally led by speculation Obama will help struggling mortgage borrowers helped US markets to close broadly unchanged on average volume.

U.S. News

Coca Cola was up 7.6% due to better than expected Q4 results.

US graphic paper demand declines 20-40% in January which could intensify pressure in price of uncoated fine. It will put pressure on Paper & forest sectors.

McAfee reported very good Q4 numbers and predicted continue growth

Wells Fargo said Q4 loss to be greater due to additional costs tied to securities holding.

European News

ThyssenKrupp reports good Q1 numbers but says Q2 will be worst than Q1, no guidance for 2009.

ENI Q4 numbers are in line. Co will sell 100% of Stogit and Italgas to Snam Rete Gas for EUR 4.72bn.

Pernod Ricard reports good H1 sales numbers and keeps its guidance of double digit net profit growth.

Lagardère reports good FY08 numbers

Air France reports bad Q3 numbers with a net loss of EUR 505m, incl EUR 388m loss on fuel hedges.

Michelin reports FY08 results in line.

Roche plans Europe road show next week for bond issue to help funding Genentech acquisition.

S&P revised its outlook for Arcelor Mittal to negative.

Meetic reports slightly better Q4 sales. Subscribers were down by 14’000 yoy, but could improve on Feb. 14^th!

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