Areva, Total, Renault believes that the chief of state

Posted by admin on March 13th, 2010

Total, Renault and Areva are warned: Nicolas Sarkozy keeps an eye on them special attention. This is the message sent by Nicolas Sarkozy in an interview with Le Figaro Magazine, published on Friday morning. Asked about his plans for the nuclear industry, the President of the Republic has decided: "We will decide in April, when Francois Roussely get me released its report. The Head of State stressed the importance of a complete reorganization of the sector. "At a minimum, requires that the chain is reorganized so that teams of France did not compete do so cons-productive." The lesson of the failure of Abu Dhabi should serve us for the future. "

Nicolas Sarkozy evokes the friction between the two giants of French nuclear, EDF and Areva, vying for leadership of the sector. For him, these "public disputes between the leaders of these companies is unacceptable."The president warned: "The state will place the order."

Nicolas Sarkozy referred to "the question" Areva, which he considers "extremely complex", without mentioning any departure of Anne Lauvergeon, a subject that is the subject of persistent rumors. Not a word, therefore, about the boss of global nuclear leadership. However, the Head of State spoke on Henri Proglio: "We have appointed head of EDF's a very good manufacturer," says he. The CEO of EDF has publicly criticized the strategy of Areva, which does not hide its desire to place EDF as leader of the French nuclear industry internationally.

Renault under pressure from shareholder

The president is very tough on the manufacturer who "has to remember that French was" when the State has paid 3 billion euros "to help end the crisis" .Nicolas Sarkozy denied any policy of relocation efforts "to manufacture outside of the cars we sell in France. A reference to the decision by Renault to produce some of the production of its Clio in Turkey IV.

"This is not the president speaks, the state shareholder holding 15% shares of the group! It is still reassuring for the French taxpayer to know that their money will create jobs in France rather than abroad. "

Reindustrialization forced to Total

The closure of the refinery at Dunkirk by Total also react President of the Republic, while the latter maintains that in the course of 2010, unemployment will fall ( "I am confident that we follow good economic strategy. It will bear fruit this year).Total welcomes Nicolas Sarkozy for his 8 billion euros of profit: "So much the better, and congratulations," he said. But for the Dunkirk refinery, he said: "We could not announce its closure and say to the re-industrialization, we will see later.

Nicolas Sarkozy calls for "respect of persons" and expects "the immediate closure corresponds to a new project of re-industrialization". It thus incorporates the words of his Minister of Industry, Christian Estrosi.

The 35 hours again chipped

These files allow the burning president reaffirmed his rejection of 35 hours, he considers "a very great challenge for our economy." For the past Nicolas Sarkozy had "facilitated the relocation, the deindustrialization and falling wages.He said, "we wanted to destroy the competitiveness of our industry, we did it would not take otherwise."

Hence the need to revive the country's industrial policy. "We are the only country to ask the question of its usefulness" while France "has lost 500,000 manufacturing jobs" from 2000 to 2007.

Nicolas Sarkozy is optimistic for this year: "If we are not yet out of the crisis, the recession is over" and "growth exceeding 1.5% in 2010 is expected. So far, the latest forecast Bercy had forecast a rise of 1.4% PIBB.

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Wall Street rose in positive terrain

Posted by admin on March 12th, 2010

The U.S. stock markets ended in green on Thursday. Yet the economic indicators released today and Wednesday have cast doubt on the resumption of the Atlantic. At the close, the Dow Jones gained 0.42% at 10,612 points, its third session follow up, the Nasdaq climbed 0.4% to 2368 points and the S & P 500 was awarded also 0.4%, to 1,150 points.Bank stocks have supported the trend.

On Wednesday, the U.S. federal government announced after the close of Wall Street have posted a record budget deficit of 220.909 billion dollars in February, its seventeenth consecutive month in red.

Oil prices have ended almost stable Thursday in New York, a barrel is now just over 82 dollars in a market that struggled to stay on top of the range of prices for several weeks.

The Chinese inflation and employment were quickly forgotten

The downward trend in Thursday's early trading was due to the Chinese inflation, which fortementaugmenté. The index of consumer prices in China rose 2.7% yoy in February, bringing its rise since the beginning of the year at 2.1%.But to avoid a runaway, Beijing has already begun to tighten credit flowing.

Moreover, the decrease in the number of newly unemployed has proved somewhat less than expected last week, with 462,000 new registrations cons estimated 460,000.

The trade deficit the U.S. has in turn reduced in January. "Imports are growing at a slower pace than exports, reflecting a potentially slower economic activity," commented analysts at Briefing.com.

The rest of the week market in the United States will be under the sign consumer with the publication tomorrow of the sales details for the month of February and the preliminary estimate of consumer confidence.

General Motors will pay $ 8 billion

Thus, only large-cap U.S. stock market that brought the index to rise Thursday.On the Dow, only 6 values are listed in red.

Soaring, IBM climbed 1.57%, to 127.6 million. Microsoft has issued 0.752% to 29.2 million.

The banking stocks, especially regional, have supported the trend. Several banking executives gathered at a conference organized by Citi. Citigroup rose 5.56% to 4.18%. In total, since the beginning of the week, bank shares have surged by 18%!

On Thursday, the British oil company BP announced it would buy in the U.S. Devon Energy (0.46%, to 72.02 dollars) of assets for seven billion dollars in Brazil, Azerbaijan and in U.S. waters Gulf of Mexico.

General Motors will pay about $ 8 billion in the United States and Canada by June, ahead of schedule.The group observed a recovery in profitability faster than expected according to its director general.

Google (0.81% to 581.13 U.S. dollars) has already enjoyed a presentation by Cisco (0.34%, to 25.96 dollars) in its new router, it will provide increased flows to households, a key element for the activity distribution of video on the web from Google.

McDonald's announced earlier this week that its worldwide sales rose 4.8% in February with a jump of 10.5% in Asia, has seen its shares rise 0.37% to 65.18 dollars.

Nasdaq: tenth session up

Posted by admin on March 10th, 2010

U.S. operators could choose to pocket a share of the gains made last week by caution before a salvo of indicators in the coming days. But it was not including the announcement on Tuesday launched by Cisco Systems for a new ultra-powerful router, which mulitiple twelve Internet capabilities.

At the close, the Dow Jones, Nasdaq 100 and S & P 500 climbed 0.11%, respectively, to 10,564 points, from 0.36% to 2341 points and 0.17% to 1,140 points. Cisco's announcement boosted the Nasdaq, which connects the tenth consecutive increase.

There is exactly one year, March 9, 2009, the major stock indexes have hit a "low point". Since the S & P 500 has started the largest rally in history. In one year, the U.S. index has increased by almost 70%!

The next U.S. statistics are expected tomorrow with the traditional weekly report on unemployment.Weekly Market in the United States, will then be placed under the sign consumer. The two major economic indicators this week, published Friday, will be the sales details for the month of February and the preliminary estimate of consumer confidence.

Oil prices retreated Tuesday in New York, a barrel of reference giving 38 cents to 81.49 dollars, penalized by the strengthening of the dollar.

Cisco will revolutionize Internet

The values listed, Cisco Systems (the balance at the close at 26.13 dollars) today announced a new bid to speed internet connections bad credit payday advance .Analysts said the group could announce as Google, investments in new broadband network.

In the wake of this news, AT & T, a major customer of Cisco rose 1.15% to 25.57 dollars, and Apple rose 1.8% to 223.02 dollars.

Also in the technology sector, the U.S. manufacturer of electronic components, Texas Instruments (2.27% to 24.13 dollars) has revised upward its earnings forecast for the first quarter.

AIG has flown Boeing format

AIG. The shares jumped 13% in session amid optimism (+11.9% at closing): investors reacting to efforts by the insurer to sell its assets and repay billions of dollars to the state shareholders to 80%. The group published a series of announcement that it will bring back some 25 billion dollars in cash in his accounts.

Same with Citigroup, which soared 7.58% to 3.83 dollars. Fannie Mae and Freddie Mac have also grown strongly, respectively 10 and 11% during the session.

After the withdrawal of EADS and its U.S. partner Northrop's tanker contract to the Pentagon, whose first installment is only valued at 35 billion dollars, Boeing remains alone lice.Les Boeing shares advanced 0.82 % to 67.79 dollars and Northrop Grumman declined him, from 0.25% to $ 64.

UAL shares have appreciated by 3.6% (18,16 dollars) after announcing profits in February increased by 17% in one year.

The Paris Bourse found morale

Posted by admin on March 6th, 2010

The meeting begins on a positive note on Friday, the Paris Bourse. At the opening, the CAC 40 climbed 0.46% to 3845.99 points. Investors follow the general optimism of their Asian counterparts. For the final session of the week, they have opted for green, morale boosted by the announcements by Chinese Prime Minister Wen Jiabao. This provides 8% growth in China in 2010 and confirms that the measures of government support to the economy. There is also a possible easing of monetary policy in Japan.

Yesterday, markets were not welcome U.S. statistics which indicated a relapse of the promises of home sales in January. But unemployment figures better than expected (the number of newly unemployed fell during the week ended February 27, with the deposit of 469,000 new claims for benefits) were eventually lighten the mood.Wall Street had also increased its earnings from these ads, pushing the French investors to reconsider their position.

This Friday, the Paris Bourse waiting 12 hours to figure orders from companies in Germany for the month of January. Then the United States will be published by the Department of Labor, the highly anticipated monthly report on employment in February. After Market (in 21 hours), the U.S. figures reveal consumer credit.

Areva and Veolia in the spotlight

Veolia Environnement (-0.10% to 24.98 euros) said before market in 2009 have recorded a turnover of 34.55 billion euros, down 3.4% on year, down slightly higher than expected (-2%).Net profit after minority interests amounted to 584.1 million euros, which therefore shows an increase of 44% over one year and beyond expectations (35%).

Areva issued after market close Thursday, a 2009 operating profit up 20% to 501 million euros. The turnover showed an increase of 6.4%, to 14 billion euros and net income group share for 552 million euros (-6.3%). The group has mainly confirmed its profit goals for 2012. In addition, the Department of Energy reported that U.S. demand for Areva to obtain two billion dollars of guarantees on credit advanced. The title climbed 1.32% to 350 euros.

NicOx announced Thursday a net loss of 60.4 million euros in 2009, cons -73.9 million euros in 2008. Revenues NicOx stands at 1.1 million euros at December 31, 2009 against 3.4 million million a year ago.The Exchange welcomes the news: the title won 4.05% to 6.016 euros.

The rest of the news companies, excluding results announcements

Side of EADS (+1.44% at 15.87 euros), Madrid has proposed the transfer of filled related to the A400M UK to Spain if London does not take 100% sharing additional costs of military transport aircraft, according to sources familiar with the matter.

The banking sector is also under surveillance. The bankers were again summoned to the Elysee Palace on Friday for a working meeting with Nicolas Sarkozy on the theme of financing for SMEs and SOHO. The reaction of BNP Paribas (0.69%), Credit Agricole (+0.84%) and Societe Generale (0.79%) is expected.

Casino (+0.10% at 60.49 euros) should start in May its pods, modeled on that of Nespresso.In France, the market for coffee pods is estimated at 1 billion euros, half for Nespresso.

Natixis (0.71% 3.68%) is under the radar of the AMF. A book published Thursday reveals that the former officers have disclosed false information to markets, in October 2008.

Greece: rumors rescue satisfy Scholarships

Posted by admin on February 11th, 2010

A hasty return to Australia of Jean-Claude Trichet, President of the European Central Bank in Europe, leaks to the press revealing a plan to aid in Athens … The financial markets were very well received this information. The risk premium on debt Greek, very high, has dropped. The price of insurance on the risk of default by the Greek state (CDS) has dropped 80 points to 340 points, according to Markit. Other countries covered by the contracts, Portugal, Spain and Ireland have followed the same trend.

With the prospect of EU aid plan for Greece, investors seem to have got what they asked for a few weeks. As Financial Times columnist Wolfgang Münchau summed up the mood of investors in early February, calling for "an exit strategy of crisis.""The Summit of Heads of State (which takes place on Thursday, editor's note) must tell the world that the EU resolves its own problems teletrak no payday loan ".

Note however the risk of inaction. Given these expectations, "the disappointment is guaranteed Friday morning at the issue of top European strategist anticipates that London is not growing at the sudden appearance of an" economic government "of Europe.

There is still a good reason to see lower the risk premium on debt Greek says the analyst. Athens has in fact presented Tuesday a new set of measures to reduce deficits. Namely: the introduction of new taxes on income, more details on the freeze and declining civil service salaries and the pension reform, a tax on property owners."Even the Orthodox Church will be subject to this tax," says the strategist. This shows the willingness of the Greek state.

AOL is closing its office in France

Posted by admin on January 13th, 2010

AOL announced the color in late November. On 6 900 employees, 2 500 people were invited to take voluntary departure, otherwise there would be layoffs. Having only received 1 100 applications for voluntary departure, the Internet group has begun to deploy, yesterday, a comprehensive plan layoffs. In France, management presented a plan to close the staff representatives. One hundred employees are concerned. Germany is also poised to close shop. The AOL offices in Sweden and Spain will close early. The first redundancies notified on Monday, will take effect on Wednesday. AOL, which has left the fold of Time Warner in early December, having provisioned for 200 million dollars in charges.


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