Credit Agricole Posts Surge In Q2 Profit

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Credit Agricole SA
CRARY
reported a strong rise in its second-quarter net profit. Credit Agricole's quarterly net profit surged to 696 million euros ($922.7 million), from €56 million, in the year-ago period. Analysts were expecting a profit of €568 million. Credit Agricole shares closed at $5.13 yesterday.
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