Sunday, December 13, 2009

Club Med Gains as Resort Earnings Beat Estimates, Bookings Jump

Dec. 11 (Bloomberg) -- Club Mediterranee SA, Europe’s largest resort owner, rose as much as 6.7 percent in Paris trading after operating profit beat some estimates and the company reported a jump in bookings for the last eight weeks.

The shares climbed as much as 93 cents to 14.85 euros, heading for the highest closing price since Oct. 23. They traded at 14.67 euros at 9:49 a.m

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