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>> HOLLANDE Latest News

JUN 17, 2013 - Yahoo! News

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France Tel shares up on relief probe not to unseat CEO

By Leila Abboud and Alexandre Boksenbaum-Granier PARIS (Reuters) - France Telecom shares jumped on Monday after President Francois Hollande backed its CEO to keep his job despite being put under investigation for fraud during his time as a top government aide. France Telecom, which is 27 percent owned by the state, climbed 4.2 percent to be the biggest gainer on France's blue-chip CAC 40 index , amid a broader rally in European telecom stocks that were up 2 percent at 5:52 a.m. ET. ...

Tags: France Tel shares up on relief probe not to unseat CEO,  Hollande Latest News