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"We are confident in the future," says Olivier Piou, CEO of Gemalto, with BFM Radio, which recently released its results on Thursday for the first half of 2010. So much so that the specialist manufacturer of digital security and smart cards, SIM cards and electronic passports is a turnover of one billion euros in the second half. "The acquisitions made early nosu costs a little money, but we must continue to invest. We can because we are confident, "says CEO of Gemalto. Gemalto has "changed dimension. Now we're a start-up. When I arrived in the company, I do not think I'd still be in office with such a turnover, "he says.

"Lack of communication of the group"

A trust that does not necessarily share the financial markets.At 9:30, the action Gemalto shows a decrease of 4.28% to 28.19 euros in a market up 1.07%, the largest drop in the SRD. "This drop is excessive, an analyst who follows reacts value. The elements that have affected the first half performance was known. The discrepancy between results and expectations of the market indicates a lack of communication from the group. "

Gemalto in line with the consensus

However, the group released under the first-half turnover of 840 million euros, up 5% at current exchange rates. "We accelerated our offers have been very well received, because they correspond to a real need," said Olivier Piou. There is a real market potential of contactless payments, particularly in Africa and South Asia.In France, we are in trouble because we took too far ahead. "

The group's net profit amounted to 63 million euros, down 7.35% from a year earlier. "Today, the consensus of analysts is around 200 million euros profit the year is well within our range," says Olivier Piou. In 2009, the group posted a net profit of 148 million euros.

No new acquisitions

In addition, Gemalto first half operating profit down 15.2% to 67 million euros but he "remains in line with the company plan to increase its result in 2010," the group said in its statement. Gemalto is 300 million euros in income from operating activities in 2013.Of the three main activities of Gemalto, security has the highest increase (+21%) in the first half to 148.2 million euros (17.6% of sales) to the mobile phone (8%) to 451.7 million euros (53.8% of sales) and secure transactions (1%) to 207.4 million euros (24.7% of sales).

After several acquisitions, including the United States and Germany, the group does not provide new acquisitions. Olivier Piou said that Gemalto had to concentrate in the second half on the integration of recent operations.

The fall is twice larger than expected. Sales of existing homes in the United States have unscrewed from 27.2% in July compared to June, according to figures released Tuesday by the National Association of Realtors (NAR). A statistic which agrees with the economists providing a relapse of the U.S. economy.

Sales of existing properties and have hit a 15-year low in July. The June sales have they been revised downward to 5.26 million units, against 5.37 previously.

These figures are certainly worse than expected catastrophic but are not a total surprise. They indeed correspond to the decision of the tax credit established by the Federal Government to support sales. "Citizens are very rationally rushed on the market before the expiry of the measure in May," says Laurence Yun, chief economist of the NAR."Since that date, signature of contracts of sale were far less numerous. Expect a break until late September. "Other economists expect a further slide in sales volumes until 2011.

The European Commission has announced the opening of two antitrust investigations against the U.S. computer giant IBM, suspected abuse of dominant position in the server market.

"The European Commission has decided to open formal antitrust investigations against IBM Corporation in two separate cases of alleged breaches of EU rules on abuse of dominant position in the market," said the EU executive in a statement.

"The two cases," she added, "are related to behavior of IBM in the market for central servers," which weighs, equipment and operating systems including about 8.5 billion worldwide, including three billion in the European Economic Area.

The central servers are powerful computers used by many large companies and government institutions in the world to store and process critical information.

The software manufacturers penalized

The first investigation follows complaints filed against IBM by two vendors say emulation technology, the U.S. in Q3 2009 and the French Hercules Turbo this year. According to these two companies, the software giant would link its central server hardware and its own operating system these servers.

IBM, by not allowing customers the freedom to use the systems of their choice on the equipment of their choice, would penalize manufacturers of software to improve performance on computers of other brands.

As to the second inquiry, the Commission stated that it was launched on its own initiative.Its services suspect indeed a "discriminatory conduct" IBM "vis-à-vis its competitors who provide maintenance services of central servers" fast payday loan no faxing."By restricting or delaying access to spare parts that IBM is the sole supplier, American society, Brussels is concerned, could foreclose its competitors from the market.

Two investigations "without merit" for IBM

The U.S. computer giant, IBM, Judge "without merit" the two investigations announced Monday by the European Commission for abusing its dominant position in the market for central servers, a market "for it was dead" until recently.

In a statement, IBM claims that "there are few, experts in high technology and IBM's competitors were pronounced dead at the central server market", and "many companies abandoned it or developing alternatives" .

Conversely, "IBM has taken a crucial decision: to invest billions of dollars" in this technology "to bring him an unprecedented level of speed, reliability and security for the enterprise market," the statement added. He continued: "Today, the central server market is a small niche in the highly competitive landscape of servers," he says.

IBM therefore accuses "some competitors who have not been able to earn their place on the market through investments" to want to do this using regulators. "The accusations against IBM TurboHercules and T3 are driven by some of the biggest competitors of IBM, led by Microsoft, (…) who want to emulate certain aspects of IBM mainframe servers without having to make substantial investments IBM has done and continues to do, "concludes the group. "They thus violate its intellectual property."

With the football World Cup, TF1 maintains its primacy in terms of both audience and advertising. In the final between the Netherlands to Spain on Sunday night, the first private channel totaled 63.1% audience share and 14.1 million viewers together with peaks at 17.4 million at the end meeting. For the private channel, it is "a record audience for a football match without a French team. It is also the third best year for hearing TF1. Stephane Deverge, director of sports pole TF1 Publicité, also welcomed "the prime-time audiences who, throughout the competition, gathered 8.2 million viewers on average."

31 million visits

Fourth day up to the Paris Bourse. This Friday, the CAC 40 has continued to rise started Tuesday and continued Wednesday and Thursday. The key index in Paris was up 0.46% at closing.

At the end of the week, and the CAC 40 gained 5.8%, from around 3360 points to 3554.48 points exactly at the close on Friday.

Elsewhere in Europe, the LSE has been 0.54%, to 5132.94 points while the German Dax rose 0.49% to 6065.24 points.

Yesterday, the index in Paris had passed the milestone of 3,500 points, reassured by U.S. data entries weekly unemployment benefits.

The euro has weakened a bit about him on Friday, while European ald evisa Thursday passed up the psychological and technical $ 1.27.

In France, French investors have learned that before the opening of the Hexagon industrial production had rebounded strongly in May rising 1.7% after falling 0.5% the previous month, according to Insee. Economists had expected an average growth of 0.4% of industrial production in May

EADS tanker of the series continues

EADS (0.53% to 17.01 euros) said it had responded to the call for tenders for tanker aircraft to the U.S. Air Force, on the eve of the deadline for the takeover bids . In addition, the World Trade Organization announced the postponement of the publication of a report on an action by the EU against the United States regarding subsidies granted to Boeing.

Kaufman and Broad (2.23% to 18.14 euros) issued a revenue down 7.6% to 385.7 million euros in the first half, below expectations.But reservations are up 55% to 675 million euros and the property portfolio is up 50% over one year.The gross margin reached 17.1% against 12.9% in the first half of 2009.

Areva (5.11% to 347.55 euros) announced Thursday it would investigate the possibility of building a second nuclear reactor in the Canadian province of New Brunswick.

Mestrallet, CEO of GDF Suez (+0.4% to 24.96 euros), confirmed Wednesday that negotiations with suppliers in Norway, Holland and Russia to obtain lower prices.

The German utility E. ON has indicated in an interview with Les Echos on Friday that he would be "very interested" in acquiring a stake in EDF reactors (-0.91% to 31 euros) to help extending their lifespan.

Moreover, the banking sector with the exception of BNP Paribas (+1.05% to 50.09 euros) suffered some profit-taking, like Credit Agricole (-1.13%) or Societe Generale ( -0.98%).

Similarly, the automotive sector should still react to earnings announcements commercial Renault and Peugeot this week. Titles manufacturers earn 1.13% respectively to 33.45 euros and 1.94% to 23.09 euros.

The spill "will push us to rethink our energy and environmental policy," said Barack Obama last June 14 during his fourth visit to the polluted beaches of the Gulf of Mexico. "We remain the largest importers of oil, or we can make the investments that we would become the world's leading exporter of renewable energy." This sentence, Bush had decided long before the "September 11 ecological. It is dated March 19, 2009. For when he took office, the successor of George W. Bush's climate and the "transition energy" one of its priorities.Obama was then referred to the creation of 5 million jobs through green energy and 150 billion dollars invested in ten years to stimulate private effort.

The deal is simple: the U.S. and 2% of the world population, consume nearly 22% of the world's oil. They are well produced 7.1 million barrels per day last year (8.5% of world production), but must import about 60% of their needs.

A carbon market

Since the beginning of his mandate, Barack Obama defends climate energy bill, stalled in Congress. Precisely for Obama rally Republican senators, one month before the spill, had conceded the oil lobby to lift the ban on oil drilling in Atlantic and Pacific instant payday loan. Before declaring a new disaster in six-month moratorium.Giving due to 32 oil companies that had filed an appeal, a judge in Louisiana quashed yesterday, this moratorium. The White House immediately announced its intention to appeal.

The Democratic majority hopes tying a new version of the bill by the month of July. The text, in its latest release, provides a carbon market to reduce emissions of greenhouse gases from industry and, among other provisions, the nuclear revival.

No matter that the oil spill as an excuse to create an energy tax, has won Sunday's Mitch McConnell, the Republican leader in the Senate, where every vote counts.

Barack Obama is still riding the wave sticky to push his advantage. It should meet on Wednesday a group of Senate Republicans and Democrats to find a new compromise on the law.Without waiting for Congress, the Administration Obama has already made progress in diversifying its energy sources.

After a slow start, the Solidarity labor income (RSA) is it taking off for good? Quasi steady in March (+0.1%), the number of beneficiaries has increased again in April to 1.777 million homes recipients, an increase of 1.06% over the month. Now, 1,149,000 households enjoy the "RSA base" (0.5%), the equivalent of ex-RMI and single parent allowance (IPY). And above all, 627,271 receive the "RSA activity" in addition to their earnings. Either a "strong increase" to the "RSA activity" (+2.7% in April, 14,270 additional beneficiaries), which currently affects over 1.3 million people in total.

In March, the caseload had dropped by 12,000, a first since its inception in June 2009.In eleven months, the number of beneficiaries of the "RSA activity" has increased by 51.5% although it remains far from the goal originally posted by Martin Hirsch third of the "target population" in benefits really now, against 90% target by the "father" of RSA.

Same trend in May

Question cost, RSA will cost 649millions euros in April to the community (543millions for "RSA base" and 106millions for "RSA activity") and more than 6.62 billion since its inception, including 15% for "RSA activity, funded by a 1.1% tax on capital income.

The rise of "RSA activity" is "a sign of an upturn in activity or the beginning of the crisis, hopefully it to the government. People are starting to take odd jobs: the very low-paid full-time or part-time.This trend would be "confirmed or accentuated a bit" according préchiffres May.

For the current Minister for Active Solidarity – which has never believed in original intent of scalability of the "RSA activity" – there are two other explanations. "Many people have been slow to apply for RSA business because they did not know they were entitled, because they would not feel stigmatized because it was complicated," says Marc-Philippe Daubresse that present in early July a plan to simplify the RSA. The departments have also been slow to organize the information flow and are currently optimizing their practices. "

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The White House is ready to do battle with BP. Pace in London who tries to minimize the diplomatic chill cast by the ecological disaster in the Gulf of Mexico, Barack Obama is stepping up its action against the British group. The U.S. president, criticized for his handling of the spill, went again on the coast on Monday, where he promised to protect the inhabitants of regions affected by the spill, particularly the fishing industry.

In an interview with the Politico newspaper, Bush even mentions a "September 11th green." The environmental disaster in progress "will push us to rethink our energy and environmental policy," he said.The tragedy that is played off the coast shows that it is time "to transition" to new energy sources, "said Obama, whose administration is trying to push through Congress legislation to reduce emissions of greenhouse gas emissions.

Sequestration of payment of dividend BP

The president must give a formal speech to the nation Tuesday night, broadcast live from the Oval Office. Such a device intervention is rare. It reflects not only the seriousness of the situation but also the new turn of the screw that the U.S. government wants to give his handling of the disaster.

Thus, the Obama administration requires that the oil put under receivership on payment of its dividend. The goal is to create a fund to pay the damages claimed by the victims of the disaster.Barack Obama said he hoped an agreement with BP on this fund will be concluded by Wednesday. "We have begun preliminary discussions to develop a device that claims to be justified not only presented tomorrow or next week, but over the coming months, to be treated justly, fairly and quickly," said Barack Obama. On Sunday, the adviser to the White House, David Axelrod said "BP has the resources to cover the damage and we will make sure they will do well."

Discussions in BP

The oil group did not show opposition to the creation of such a fund. According to the British press, the English major is preparing to announce a postponement of payment of dividend payable for the second quarter.In addition, BP could lose control of its oil and natural gas in the U.S. and be allowed to have business with the federal government as a penalty. But that does not stop there. BP could also pay a fine of up to $ 8.6 billion under Oil Pollution Act.

This greater commitment of the Obama administration to want to pay BP is poorly perceived by investors. At the London Stock Exchange, the title of the oil finished down 9.30% to 355.45 pence. It is the largest decline in the FTSE, which terminates the session to share up 0.74%. In New York, BP shares are no better. They finished down 9.71% to 31.67 dollars on a market down by 0.2. After sessions particularly volatile oil of the title had already sold nearly 10% last week.Since the beginning of the accident, the market value of BP was reduced by almost 44%.

A year after the VAT reduction in catering, where are the conservators of commitments with the government? In the context of reduced public expenditure, where the measure put in place by 1 July 2009 is being challenged for its cost – about 3 billion euros – one of the main unions of restaurateurs, strongly defends Synhorcat stock of restaurants.

On the lower prices promised the advance Synhorcat containing figures from INSEE, reduced by 1.7% in prices. Far, indeed, the 3% promised at the signing of the contract establishing the future VAT at 5.5%.But better than the forecasts of the Secretary of State for Trade, Herve Novelli, who requested last December restaurants to limit their price increases, given the economic crisis, the level of inflation.

A decline also practiced mainly by large chains, which have clearly made this issue a sales and communication. Today Synhorcat not hesitate to praise the French restaurant as "cheap": "80% of meals in France costs less than 15 euros," he said beforehand. Not sure the French, whose purchasing power remains a major concern, hear it that way.

An agreement "historic" on wages

On the employment front, too, success is not straightforward.While restaurant owners had agreed, in consideration of the reduction in VAT, to create 20,000 permanent jobs and 20,000 contracts for professional learning or within 2 years, Synhorcat announces that for the moment creations 5700 jobs. The objective, however, seemed difficult to achieve in terms of economic conditions.

The only real success of the VAT reduction: the agreement on wage conditions in the restaurant, described as "historic" by Hervé Novelli. "We are hiring today with a salary 25% above the law", welcomes the Synhorcat. Wages have indeed been reassessed 5% when the non-frames increases leveled averaged 1.1% in 2009.A mutual health has been created, and employees receive an annual bonus equivalent to 2% of their annual salary, capped at 500 euros.

Employees are however not the only benefit from the reduction of VAT in 2009, the catering market has indeed registered a positive growth, and an estimated turnover of 72.5 billion euros, posting also Synhorcat.