Credit Agricole (CRARY.PK): Q3 net profit -65% to €258M ($350M) vs. forecast of €552M. Revenue...

|About: Credit Agricole SA ADR (CRARY)|By:, SA News Editor
Credit Agricole (CRARY.PK): Q3 net profit -65% to €258M ($350M) vs. forecast of €552M. Revenue +6.2% to €5.3B vs. €4.96B forecast. Booked €905M pretax writedown on Greek sovereign debt. Faces more damage from Italy, as it is one of the biggest foreign holders of the country’s sovereign debt. Shares -3.3% in Paris. (PR)