EADS confirms its objectives with Airbus

Posted by admin on July 29th, 2011

The outlook for the parent company of Airbus are rather positive. EADS confirmed on Friday its forecast for the full year 2011, with sales up 8% to 21.9 billion euros and operating profit (EBIT) of 720 million euros in first half of this year. The net result of EADS amounted to 109 million euros (compared to 185 million euros in the first half of 2010), or earnings per share of 0.13 euro (0.23 euro a year ago) . In the second quarter, the manufacturer posted a net profit of 121 million euros and a turnover of 12.082 million – up from data over the same period the previous year (82 million euros in profit net 11.35 billion in revenue).

The activities of EADS, however, impacted by a decline of 41% of net profit in the first half, to 109 million euros related to accounting revaluations following the change in exchange rates, the statement said the group. But the net cash position of the manufacturer, specialized in aerospace and defense of a $ 11 billion still provides a solid foundation to meet the operational needs of the group and fuel future growth, "said EADS Friday .

An exceptional increase in orders

"Our first half results in 2011 reflect the strong demand in the commercial aviation sector," said the executive chairman of the Louis Welsh, comment out the publication of the results of EADS.At Le Bourget, Airbus, the main subsidiary of EADS has reached a new record this year, orders for 730 commercial aircraft, including 667 A 320 Neo, remotorisée version of medium-haul Airbus, less fond of fuel. EADS believes that Airbus should undertake the delivery of 520 to 530 commercial aircraft throughout the year, with a level of gross orders up to one thousand units. In the first half of 2011, new orders for Airbus amounted to 58.1 billion euros at the end of June the company has already earned 453.8 billion euros (at the end of 2010, total orders was 448.5 billion).

For all of 2011, EADS expects a stable EBIT before non-recurring items in 2011 compared to 2010, about 1.3 billion euros. Louis Welsh stated in particular that Airbus confirms its target of delivering about 25 to 380 in 2011.Moreover, based on the basis of an exchange rate of one euro worth 1.35 dollars, the European manufacturer hopes to earnings per share higher than in 2010, which was 0.68 euro. He also put on a significant improvement in its EBIT by 2012 due to higher sales volumes and improved performance of the Airbus A 380.

The title of EADS was in line with the trend of the CAC 40 stock market this morning, down -0.76% to 24.15 euros.

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The euro area off the Greek fire

Posted by admin on July 23rd, 2011

To save its common currency, Europe is the part of the fire. The seventeen countries of the euro have violated a prohibition group, assuming the risk of a possible partial collapse of Greece. But national leaders have also pushed their own taboos in order to restore confidence and resolder the team in front of the fire.

The Brussels summit, cleared the day before by a dinner at three in Berlin, saw everyone had a role. Jean-Claude Trichet, haughty guardian of monetary orthodoxy, has reluctantly accepted the possibility of a "default" of Greece, even if he believes will be averted. Nicolas Sarkozy rempoché its bank tax – a project specifically designed to avoid trial in Athens of bankruptcy, albeit limited. Angela Merkel pays back.She agrees to substantially beef up the European bailout fund of indebted countries, ignoring the doubts that undermine his coalition in Berlin. And it sends a "very big thank you" to his interlocutors.

Unexpected, even courageous, the device stopped Thursday night is also a leap into the unknown. The danger was that the shock wave feared a possible default "selective" in Athens come sweeping new defenses in the euro area. The Head of State has carefully avoided the word "default" but he assured that the euro area lavish in time "all the necessary guarantees." Encouragingly, the agreement was welcomed Thursday by a rising euro and a market rebound.

Reduce the debt burden

By sacrificing a principle, the summit also seeks to limit the contagion. "What we do for Greece, we will not do for any other country," warns Nicolas Sarkozy.The summit's final declaration said that "Greece is in a unique situation of gravity in the euro area (…) Therefore it requires an exceptional solution." In contrast, the other 16 euro countries "reaffirm their inflexible determination to honor their individual signature" loan. No way to drift to other parts of the chain, such as Portugal and Ireland have a drip European, or like Spain and Italy regularly shaken up the markets.

For Greece, the immediate objective is to reduce the debt burden by involving banks and private equity funds. "This is to address the root of the problem" of insolvency, said Angela Merkel. The summit adopted a "menu of options," modeled on the plan proposed by the international financial community.It was also shown Thursday in Brussels by Baudouin Prot, Director General of BNP Paribas, and Josef Ackermann, head of Deutsche Bank. Voluntarily, but under strong pressure, banks must give up some money owed to them, particularly in France and Germany. Financially, the most dramatic innovation is the green light to EFSF to "intervene in the secondary market" in the clear to buy back government debt to investors. In the case of Greece, Ireland and Portugal, it would relieve the banks that hold securities impaired.

158 billion euros

Seventeen of the two, however, establish safeguards. The one at the request of Jean-Claude Trichet as the ECB will return to establish a priori the "exceptional circumstances".The other at the request of Angela Merkel, as the green light is given "by mutual agreement" of members of the rescue fund. This leaves almost a right of veto in Berlin, leaving no question of a European institution to have its way of guarantees provided by Germany

The summit amounted to 109 billion euros the amount of public funding in the second bailout of Athens. Taking into account the participation of the private bill climbs to 158 billion euros. The IMF confirmed its contribution in the evening, without specifying the amount. As expected, the euro area has decided to extend for 7.5 years "to a minimum of 15 years and up to 30 years' duration of its loans to countries in need. Meanwhile, the interest rate will be reduced to 3.5%. The summit finally evokes "a comprehensive strategy for growth and investment" in favor of Greece, through the European Structural Funds.He renounced the baptized "Marshall Plan" European and still has to quantify.

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Divorce and life insurance taxed more

Posted by admin on June 30th, 2011

From 1 January 2012, the right to share from 1.1% to 2.5%. Thus decided on Wednesday the deputies and senators met in joint committee (CMP) to find a definitive agreement on tax reform heritage.

This measure is not trivial. For divorcing couples and share their property must pay this right to share, whatever their matrimonial regime. This tax is also due by the heirs, at the distribution of the estate, and at an inter vivos gift (for donations reinstated earlier this occasion).

With this increase, the state will recover about 300 million euros, mainly at the expense of 130,000 new annual divorced. So, a couple who owns property, net of debt, must pay 300,000 euros to 7500 euros right to share next year.If he had divorced this year, his bill would have been only 3300 euros. Problem: the reform of the ISF was supposed to be financed by the wealthy … "I can not find normal tax increase during a difficult time of life," said Benoit Renaud, president of the Superior Council of Notaries. This increase in risk-sharing law to push further the heirs to remain undivided and discourage donations sharing. At the risk of creating conflicts in the future. Finally, it is not impossible that many divorced choosing to sell their property and to divide "sneak" the money, without an act of sharing history to evade taxes.

In addition, the CMP identified in 20% to 25% inheritance of life, are transmitted to beyond 902,838 euros per unit, after deduction of 152,500 euros. And validated the smoothing mechanism for donations.The government increased from six to ten years the time between donations, or between a gift and an estate eligible for tax relief. To mitigate the shock of the transition from six to ten years, MPs and senators, have developed a system for smoothing. The Senate was selected CMP. Specifically, the deduction on the value of the donation will be 10% for a donation of six years old, 20% for a donation of seven years old, 30% for a donation from eight years and 40% for a donation dating back nine years.

The agreement on the tax measures found in the CMP must still be approved by the Assembly and the Senate in session July 5. However, this validation should not be a problem.

Windows phone by Nokia in the fall

Posted by admin on June 22nd, 2011

Pending the arrival of his eagerly awaited first smartphone with the Windows operating system Phone at the end of the year, and production "mass" in 2012, we have to wait markets and customers. That Stephen Elop, president of Nokia strived to do during the CommunicAsia exhibition in Singapore. "Our main strategy in the field of smartphones is to focus on the Windows phone," he said, for its next billion mobile.

For Nokia, it is urgent. Last month, the group issued a warning on its sales and results, giving even to make predictions, as the period is difficult.Its sales continue to decline, it would hold more than 13.1% of the smartphone market in the first quarter against 25% a year earlier.

But maintaining a strong presence of the Symbian operating system in its range and choice of Microsoft at the expense of Android leave many doubts cast. While the number of applications available on a smartphone is a paramount requirement, the Finn is not in the race. It strives for the time to catch up in smartphones, highlighting the N9 in Singapore, expected to outdo the iPhone and Android to its competitors. To do so, Nokia boasts jumble "three home pages," his "handy user interface," "better voice quality," connectivity … The N9 (under platform Meego) is also equipped with a NFC connection, which enables contactless payments.With this feature, shows that Nokia is still able to board the train for a new technology, not to watch the competition from without it.

With the launch of three new models (N8, E7, C7 and C6-01 will be sold in July) Nokia has pushed the highlight of its commitment to Symbian OS. These terminals will be equipped with the new update system Symbian Anna. Novelty of this new version, it will be downloadable for those who have already bought one of these phones. And over the next twelve months, Nokia will market up to ten new smartphones based on Symbian. From there to imagine that the Finnish and protects against possible setbacks of its U.S. partner, there is only one step.It also reaffirms its loyalty and its customers, accustomed to its operating system, and that it might lose by abandoning it completely. Hence the idea to favor a smooth transition.

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The CAC 40 has stalled in Whit Monday

Posted by admin on June 13th, 2011

The CAC 40 was at a standstill on Monday in the Paris Bourse. On Monday of Pentecost, the absence of much investors account for a sluggish market, with only 1.8 billion traded. At closing, the CAC 40 gained 0.07% at 3807.61 points.

Same hesitation on other European markets, the DAX index of the Frankfurt Stock Exchange edged down 0.22% at 7085.14 points, while the FTSE-100 Square London rose 0.13% in 5773 , 46 points.

In this day of solidarity in which the majority of employees stay home, the absence of major market operators does not help to draw a clear trend. Especially as the business side, no publication was expected. Ditto on the macroeconomic front. The markets are still awaiting a convincing answer to the Greek situation, before returning to a sustainable uptrend.

These same concerns also continue to weigh on the European currency. Side currency, the euro lost indeed some ground against the dollar Monday in a market without much direction, and still hanging on the progress of discussions between EU leaders. They are still struggling to find agreement on how to continue to provide financial assistance to Greece. Around 11:10 in Paris, the European single currency was worth 1.4336 dollars against 1.4348 dollars on Friday night after coming close last Monday the threshold of $ 1.47 for the first time in a month.

Same side of the volatility of oil prices in a market torn between the prospects of increased production by Saudi Arabia and the maintenance of quotas decided by OPEC. In morning trading, a barrel of light sweet crude for July delivery lost 9 cents 99.20 dollars.That of Brent North Sea crude for delivery gained 13 cents to equal 118.91 dollars.

As for values ​​to follow

Altran (-2%, to 5.14 euros)

Yves de Chaisemartin lost Friday the group's management, the Board of Directors of the technology consulting company has designated Philip Hall to replace him.

Air France – KLM (+0.28% to 10.59 euros)

The airline's traffic in the Paris airports Roissy and Orly airports may be disrupted on Monday due to a strike notice filed by a union of mechanics on the ground, have we learned from the company.

Peugeot lead the CAC40 (1.66%, to 27.91 euros), according to a note from Citigroup

The title of the automaker is at the top of the charts of ACC 40, supported by a positive note from Citigroup, which goes from neutral to buy.The broker believes that the U.S. product mix and diversification of Peugeot should be reflected in investors' perception of the title.

The rest of the automotive sector is, however, the penalty, hit by fears of recession in Europe, says one analyst, while stressing that the current valuations of most groups are below their historical levels. Renault (-2.40%, to 35.52 euros) shows the largest decrease in the CAC 40 in front Michelin (-0.96% at 62.71 euros). Outside the CAC 40, yields 2.1% Valeo, to 41.42 euros.

LVMH (+0.48% at 115.35 euros)

Sephora, the cosmetics distribution subsidiary of luxury group, said to have strengthened his hand in the round of Corsica in Russia, becoming the majority shareholder in nearly three years after joining the company's capital .

EDF (+0.19% at 26.73 euros)

NPP Bugey in Ain, had to reduce its production by 10-15% in late May and early June due to increased water temperatures of the Rhone, an effect of the heat wave spring.

Eutelsat Communications (-0.83% to 30.39 euros)

San Marino RTV has selected two Eutelsat satellites to broadcast its programs through Italy and Europe as of June 13

EADS (+0.02% at 21.12 euros)

Airbus chief says EADS, parent company of Airbus, would be protected against hostile takeover bids but, to this end, it was not essential that Germany be a shareholder in the group.

Carrefour (0.45%, to 29.30 euros)

The management of the distribution group said Sunday, a day after a protest movement, have made a major effort for employees of Carrefour Market stores in terms of purchasing power.

Américianes series coming after Desperate Housewives and Lost

Posted by admin on May 20th, 2011

The global market for live television until May 28, one week critical. In New York, American studios unveil the series of vintage 2011. Buyers of French channels will now continue their negotiations in Los Angeles during the famous "Screening" that are on television what Cannes is to film. The battle to win the best series promises to be intense between channels for a vintage by both the extraordinary volume – production up 50% over 2010 – than the quality. All studios show ten rounds each.

Two major trends: the studios back to the series feuilletonists, that is to say that the episodes "does not close," leaving the viewer unsatisfied.Moreover, after the medical drama "tired and kind policeman who remains a safe bet, it is the comeback of comedy and especially of the supernatural. According to a market expert, "Hollywood continues to search for the successor of Lost." Like Warner offering Alcatraz series that depicts the disappearance in the 1960s, prisoners from the notorious prison that recur in 2011. Fiction is the second lighthouse Person of Interest, founded by Jonah Nolan, screenwriter of The Dark Knight. It features a former CIA agent paid by a billionaire to eradicate crime. The Fox studio is shaped with The Finder, a derivative of Bones, but Homeland, spy series written by the father of series 24, and Playboy Club, a sort of Mad Men, about the life of a night club in Chicago in the 1960s.But the big event will be Fox Terra Nova, directed by Steven Spielberg that tells the return at the age of dinosaurs in a scientific team to correct environmental problems. The pilot cost more than $ 20 million for a series whose cost is estimated at 200 million.

"A new stock"

For its part, Disney has "the largest inventory of new features." The succession of Desperate Housewives is assured with Good Christian Belles, written by the creator of Sex and the City. It will also count with The River, a supernatural series also produced by Steven Spielberg, written, directed and filmed with a handheld camera by the authors of paranormal activity, the movie event of 2010. Missing Finally, a feminine version of Luc Besson's Taken, is eagerly awaited.NBC, four major events are presented with SMASH, a sort of Glee adult, also produced by Steven Spielberg and devoted to Marilyn Monroe. Riding on the success of Inception, one of the most successful of Warner, NBC Awake propose that the universe is very close.

Finally, Sony has the remake of Charlie's Angels, called Charlie's Angels. The studio spent $ 10 million for the pilot. Finally, in the wake of his teacher Martin Scorsese, Robert De Niro starts with CBS in the series with Rookies. Enough to blow the auction.

Ireland takes steps to employment

Posted by admin on May 13th, 2011

The new prime minister, in power since last March, addresses the problem of unemployment, which remains the black spot in the Irish economy. Enda Kenny has presented on Wednesday a package of measures aimed at creating 100,000 jobs over four years.

The plan provides for reduced charges on low wages, a lower rate of VAT from 13.5% to 9% on some goods and services related to tourism to boost the sector and an increase in infrastructure spending for roads and schools. The government also wants to facilitate the upgrading of the unemployed through training programs.

Since 2008, hundreds of thousands of jobs have been destroyed under the impact of financial crisis, the bursting of the housing bubble, bank failures and austerity plans to repeat that the government had to place to contain soaring deficits and debt.In recent years, the unemployment rate has skyrocketed from 4% in 2007 to 14.7% today. The country is also facing an exodus of the population, especially young people, who try their luck in Canada or Australia. After the tutelage of the IMF and the EU, which granted in November a plan to help 85 billion euros in the country, the government faces a budget deficit of 32% of GDP, provides for a very narrow scope.

Rebound in exports

To finance this plan, Enda Kenny has decided to introduce a new tax – 0.6% – on pension funds, which should bring 470 million euros per year, totaling 1 free 3-in-1 credit report.9 billion euros . This has inevitably raised strong criticism in the profession. Growth side, the latest forecasts predict a return to the green this year, after three years of recession.The main institute in the situation, ESRI, reported Wednesday its forecast, anticipating a rise in GDP of 2% this year and 3% in 2012. A result that is nevertheless perspective, because this new dynamism "based entirely on exports," says ESRI report, given that domestic demand will fall further this year. Knowing that this rebound of external trade is linked to many multinationals operating in Ireland. Moreover, the GNP, which does not take into account their business will only grow 0.5% in 2011, according to ESRI.

Precisely for this reason that the Prime Minister does not intend to compromise with its European partners, who demand a higher rate, very attractive, the corporate tax (currently 12.5%) in exchange for a relaxation of the rescue plan negotiated by his predecessor, Brian Cowen."The Irish have made some overtures in that domain," says one good source, however, the French Ministry of Economy. Negotiations could therefore release in the coming weeks.

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Wall Street closed at its highest since three years before the Fed

Posted by admin on April 27th, 2011

The New York Stock Exchange ended higher Tuesday, thanks to good business results, and reached its highest since June 2008, as we begin a policy meeting of the Federal Reserve.

Ala closing, the Dow Jones closed up 0.93% or 115.49 points to 12,595.37, while the S & P 500 finished with a gain of 0.9% or 11.99 points , to 1347.24. Both indices hit their highest Tuesday of the year, erasing losses from the month of February. The Nasdaq has meanwhile gained 0.77% or 21.66 points to 2847.54.

The strong quarterly announced Tuesday by Ford, 3M and UPS brought the session. Since the beginning of earnings season, about three-quarters of companies have published have exceeded market expectations.

On Monday, the NYSE has done in a piecemeal, beginning with one week ahead caution particularly busy, with many corporate earnings and a crucial meeting of the American central bank (Fed).

Investors should still be cautious on Tuesday. The week promises to be loaded into effect as macroeconomic and microeconomic levels. United States, some 180 companies in the Standard & Poor's 500 and eight of the Dow Jones must publish their first quarter results, including those from Amazon today, Coca-Cola and Office Depot.

Beginning of the Fed meeting tonight

The U.S. central bank meets from this afternoon and on this occasion could provide guidance on its strategy for ending the crisis so that its measures to support the economy come to an end late June.The U.S. central bank should maintain its interest rates between 0% and 0.25%, a threshold at which they have been held since December 2008 to reinvigorate the economy. On the other hand, the buyback program to $ 600 billion of debt the Treasury launched in November would go to its closure in June, in accordance with the wishes of the majority within the Fed. Markets also expect to see for the first time in the history of this institution almost centenary, the Fed chairman to answer questions from reporters after a meeting of the Monetary Policy Committee.

Prices logementsaux United States continued to decline for the eighth consecutive month in February, 0.2% from January, according to the monthly Standard and Poor's / Case-Shiller index released Tuesday. Conversely, the consumer sentiment left in April after a March in sharp decline.

On the foreign exchange market, the euro rose slightly from 0.21% to 1.4610 dollar.

Oil prices were little higher on Tuesday at the market opening in New York, a barrel of benchmark winning 7 cents to 112 no fax payday loan.35 dollars, still supported by a weak dollar and tensions in the Middle East and North Africa .

Boeing: 0.87% to 75.55 dollars

The side of values, the investigators of the National Transportation Safety Board (NTSB) said in a statement it had found cracks in the fuselage of the Boeing 737-300 Southwest Airlines involved in an incident in early April, and problems on the rivets .

Oracle: +0.40% to 34.97 dollars

The IT group and Oracle software has announced the departure of its CFO Jeff Epstein, whose duties will be assumed by its co-president Safra Catz, who was both his direct supervisor and his predecessor.

Yahoo!: 0.99% to 17.28 dollars

Yahoo! announced Monday the acquisition of very young IntoNow company, which launched on January 31 an application for iPhone to connect to family television programs we are watching. Financial terms of the transaction were not disclosed, but the news website TechCrunch specialized evaluation between 20 and 30 million dollars.

General Electric: 1.10% to 20.10 dollars

The U.S. Department of Defense has terminated a contract from General Electric and Rolls-Royce for a replacement engine for fighter jets F-35.

Also note, the White House lashed out Monday night that U.S. oil companies will announce this week their profits when gasoline at the pump is at its highest in three years.Exxon Mobil advance of 1.39% to 86.42 dollars, Chevron gained 1.24% to 108.75 dollars and ConocoPhillips takes 0.91% to 81.21 dollars.

Goldman Sachs 0.71% to 153.27 dollars, Morgan Stanley: 0.27% to 25.85 dollars

A group of creditors of Lehman Brothers Holdings, led by Goldman Sachs and Morgan Stanley, introduced in turn before the bankruptcy court in Manhattan plan to restructure the bank, the third since the collapse of the facility in September 2008. It provides a recovery rate of over 40% for the creditors of the derivatives business at Lehman, which include the designers of this new plan, and a rate of only 16% for bondholders. The plan is very different from that filed in December by a group of bondholders, led by Paulson & Co. under which creditors would recover only derivatives that 25.7% and 24.5% of bondholders.Lehman has also filed its own restructuring plan, presented as a compromise. It provides a recovery rate of 34% for the creditors of derivatives and 21.4% for bondholders.

The iPhone comes in 4 would be white, until the 5

Posted by admin on April 15th, 2011

The well-honed timing of Apple, which saw the last three years the presentation of a new generation iPhone around June and its marketing in the following weeks, is about to shatter. By the end of April, Apple will launch its two U.S. carriers with partners, AT & T and Verizon, a new model of the current iPhone, says Bloomberg, based on testimony from three sources familiar with plans the company.

The model in question is well known. This is the iPhone 4 white, presented at the same time as the black model, which was originally scheduled to be launched in June 2010. Because of engineering difficulties, this release has been delayed for nearly a year. Apple was unable to obtain an opaque white and uniform, because of the heat on the back of the unit.In addition, pictures taken with flash turn out poor quality.

This information on the release of the iPhone 4 White arise while developing its next version remains shrouded in mystery. According to a note from an Avian Securities analyst, who spoke with component suppliers, mass production will begin in September. The iPhone 5 could integrate a larger screen, the same processor as the iPad A5 2 and an NFC contactless payment. It would be followed later this year or early 2012 with a declination of entry, an "iPhone mini" J. Avian Securities.

The iPhone catches up with Android

Meanwhile, now is a white model who will support sales of the iPhone 4.While most manufacturers have released since the beginning of a new more powerful models, Apple does not oppose them so that a simple variation of color on camera as it prepares to celebrate its first anniversary. This competition is very fierce, it also nibble market share. In one year, the share of Android in the smartphone in France jumped from 4 to 23%, according to data from comScore, the iPhone when it hovered around 30%.

Apple however, has not only on hardware to differentiate the iPhone from other phones, recalled last week's analyst Robert CIHRS, Caris & Company's. The software plays such a significant part. If the date of the iPhone 5 remains uncertain, the California company announced it would present early June at its annual developer conference, the latest IOS, the operating system on his phone.This could include a remote synchronization, wireless, telephone with computer and data storage on Apple's servers.

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Insensitive to the ECB, the CAC ended down

Posted by admin on April 7th, 2011

A dead calm prevailed on the Bourse DeParis Thursday. Despite current macroeconomic very busy, especially in Europe, the CAC 40 index remained close to balance throughout the session. It finally closed down slightly from 0.49% to 4028.30 points, in trade volume again low.

Same in the rest of Europe: London Stock Exchange and closed lower by 0.56% to 6007.37 points. The Dax index featuring the Frankfurt Stock Exchange also closed at a decline of 0.50% to 7178.78 points.

Portugal and ECB already integrated

Among the factors likely to shake up the indices, there was the first call for help from Portugal. Thus, what appeared to be evidence was admitted yesterday by the Portuguese government.In a televised address, Prime Minister Jose Socrates has "decided today to send a request for financial assistance to the European Commission." The country needs 4 billion now and $ 5 billion by June. The situation is complicated by the legal vacuum following the resignation of Prime Minister. The negotiations revolve around and emergency assistance. The EU, however, conditioned its support for an overhaul of public finances in Portugal. Discussions will continue on Friday and Saturday. European finance ministers gather for a meeting should focus on saving the country.

Other key information on European markets: higher rates in Europe, a first for nearly three ans.Son President Jean-Claude Trichet, says that this measure will not be the first in a series of rate hikes, but investors do not believe a single intervention without consequences. On the currency markets, the euro stalled against the dollar: it appears at 1.4280 dollars at closing, down from more than $ 1.43 yesterday in plenary.

Both seemed already integrated by new investors. They seemed more concerned by the announcement of another earthquake in Japan in the late afternoon.

Commodities hit record highs

In France, the trade deficit widened again in February for the fourth consecutive month, according to Customs, reaching a record high of 6.55 billion euros.

United States, the Labor Department reported a sharper drop than expected enrollment hebdomadires unemployed. It amounted to 382,000 against 392,000 the previous week. Analysts were expecting 388,000 cash advance today.

As for raw materials, oil remains at record highs. The price of a barrel of oil surpassed $ 109 for the first time since September 2008 on Wednesday in New York, still supported by the fighting in Libya. As for gold, it touched a new historic high at 1464.80 dollars an ounce.

Oil stocks followed very

In terms of companies, oil securities (Total (-0.37%), Technip (-0.34%), Vallourec (-0.85%) in particular) were well attended, while gold prices black fly record after record.

The bank ranked at the top of the highest growth in the Cac 40: Credit Agricole advance of 1.81% to 11.82 euros, BNP Paribas 1.78% allows itself to 54.34 euros and Societe Generale gained 0 , 93% to 47 euros. They lead the insurer Axa (+0.88% to 15.55 euros) in their wake.

The title EDF (-0.62% to 27.38 euros) also attracted attention of investors. A parliamentary report provisional indeed indicates that the electrical lights does not give its subsidiary ERDF resources needed to improve the quality of electrical networks.The mean time to failure of electricity in France has almost doubled in eight years, from 43 minutes in 2002 to 84 minutes in 2010.

Eurocopter, another subsidiary of EADS (0.89% to 21.03 euro), should it receive government assistance of 550 million euros, said La Tribune. Moreover, as the branch president of Airbus China, a subsidiary of EADS, Chinese airlines will wait a bit before being seduced by the A380, because they are traditionally reluctant to buy a model early in its development program.

Rhodia Alliance (+0.06% at 31.35 euros), the association of employee shareholders of the French chemicals group, announced Wednesday that it recommended a friendly takeover offer of 3.4 billion euros made by Belgian group Solvay

Five employees of the German subsidiary of Areva (-0.75% to 31.09 euros) are being investigated for corruption, led by the prosecution at Nuremberg.They reportedly paid bribes wines from several tens of millions of euros between 2002 and 2005 to win contracts. Areva NP, a subsidiary of Areva and Siemens, would not be questioned.

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