Rain too late for many farmers

Posted by admin on July 22nd, 2011

If tourists have their holidays ruined by this July "rotten", the farmers themselves are partly reassured by the rain. The drought, which promised to be catastrophic end of May, appears to be narrowly avoided. For the first time in several months, the rains approached normal in June, easing the dry surface soil. However, only the northern regions have truly benefited. The first half of July and greatly reduces the effects of drought on the eastern countries, such as Rhône-Alpes and Burgundy, where the normal monthly rainfall has been exceeded. The West remains in a difficult situation.

Ranchers are in trouble

These rains helped to clarify some of the grain prospects.The agency has adjusted FranceAgriMer last week its forecast of wheat production, providing 32 million tons instead of 31. What remains below the 2010 harvest, already one of the less good the last two years.

If rain has arranged grains, however, it comes too late for some farmers. Given the difficulties to feed their animals for lack of grass in the meadows, it has been prematurely cut down some of their livestock. For others, it was necessary to buy straw to grain. Contracts were signed with them, which helped to avoid speculation and keep the price around 25 euros per tonne.FNSEA has signed agreements with the SNCF for transporting the straw with the cost and highways to avoid tolls for trucks.

Despite these measures, the additional cost of purchasing straw will reach 10,000 to 50,000 euros per farm, according to the FNSEA. Some farmers will use a short-term loan from the Credit Agricole, at preferential rates (1.5 to 2%). This will allow them to wait until payment of the advance on the compensation of losses due to drought.

This advance, initially planned 100 million euros, has already been revised to 200 million and will be available by the National Fund for risk management in agriculture in mid-September. Nicolas Sarkozy also pledged to offset one year's repayments of loans to farmers in 2009.Christophe Chambon (Young Farmers) estimates that the measure "will give an impetus to helping farmers," but wants more: a deferred annuity of total loans.

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.

Apple revolution icloud

Posted by admin on June 6th, 2011

Monday night, Steve Jobs must have Apple's service icloud. Using a deal with record companies, the Cupertino company will upgrade its online music service iTunes. Customers can purchase their music from Apple's online store and listen to their wishes, where they are. The service called "cloud computing, or cloud computing, grow fast. This is a new revolution in computing. It is to connect to the Internet to access data and applications. Individuals no longer need to store on their PC or hard drive at home, and businesses no longer need to invest in high-performance computers.

The computer then used to open the application as a water faucet or turn on a light.Apple already offers a first service "cloud" to synchronize the network, contacts, emails and diary, from an iPhone or an iPad. The MobileMe service is very expensive (99 dollars or 79 euros per year from France).

Click on the thumbnail to enlarge the graphic.

Amazon has shown the way

Google will launch this summer the free operating system for PCs, Chrome OS, designed and filmed for the cloud. "The biggest users of cloud services are already without knowing it, individuals using tools such as Gmail or Google pay services data storage from Amazon," said Lew Tucker, Director Technical cloud at Cisco.With his offensive, Apple created a new front against Google, Amazon and Microsoft.

One of the largest global provider of cloud services Amazon is the world leader in cultural services in line with an estimated turnover in this area at one billion dollars in 2010. The original idea of ​​the champion of e-commerce, which has expanded its services to music storage for individuals, was to lease excess capacity of its own "farms" of computers. "It comes down to your apartment when it is empty during the workday and when you go on vacation," says one expert. All the giants of the Web follow the lead of Amazon. In economic terms, the marginal cost is low for providers of computing power and storage capacity pay day advance. The additional revenue generated almost as much profit.For ten years, computer manufacturers, software publishers and computer services companies dream of a paradigm shift.

56 billion market

With the development of the Internet and especially because of the economic crisis, companies have converted to cloud computing. "After years of germination, cloud computing takes off. Partly for macroeconomic reasons. The crisis led all organizations to scrutinize their spending. In this context, a solution which can offer more for less is difficult to ignore, "says Ben Pring, vice president of research firm Gartner. For now, most of the market is done by software. The turnover of the software on demand is estimated around $ 11.7 billion in 2010 by Forrester Research. Today, 60% of worldwide turnover is made in the United States.But the phenomenon should spread to other countries. By 2020, the worldwide market will reach $ 56 billion, says Forrester Research.

With about 3 million business customers worldwide including one million in Europe, Google makes between 500 million and $ 1 billion in sales in the cloud. Finally, Microsoft will invest 90% of its budget on R & D in the cloud this year, said Jean-Philippe Courtois, senior vice president of Microsoft. But its sales in the area is estimated at "several hundred million dollars a year," admits a group leader. Each offers its solution. IBM, HP, Dell, Microsoft and Oracle want to use huge "farms" of servers to store and rent computing power to their customers. To this end, HP and Dell have acquired companies in the storage and data virtualization, in order to compete with VMware, a subsidiary of EMC.The market also attracts telecom giants like Cisco, Ericsson and Huawei, and specific actors, such as Akamai, Rackspace Hosting or Salesforce.

ALSO READ:

"Apple launches into the cloud

"The Net Neutrality in the clouds

"Apple's third largest market capitalization

A Brazilian group could become a shareholder of Carrefour

Posted by admin on May 22nd, 2011

Carrefour had commissioned this week the bank Lazard to explore the possibility of a merger between its subsidiary and Brazilian Companhia Brasileira de Distribuicao (CBD, Pao de Acucar), the local leader. According to the Sunday newspaper, the group led by Lars Olofsson would consider this option due to "disappointment" crossed by the French giant in the country. "In late 2010, the French had provisioned EUR 550 million for inventory write-downs and potential disputes with Brazilian suppliers," says the weekly.

The operation would provide the entrance to the Diniz family, owner of CBD, in the capital of Carrefour. Patriarch Abilio Diniz, 74, is the 8th Brazilian capital with a portfolio of $ 3 billion. The sign CBD has 1500 stores and employs 140,000 employees.His goal of turnover is 30 billion this year.

This entry to the capital is far from won, writes the JDD, for "Casino holds about 35% of CBD at parity with the clan Diniz" and "would oppose the merger with Carrefour to maintain a crucial alliance with CBD instant payday loan lenders. For years the two French retail groups "waging a covert war in the tropics, with rifle purchase signs and opening of stores," the paper said. For the time nor Carrefour or Casino have to comment on information.

The Carrefour group looking for a new director for Carrefour in France, since the thank James McCann – Tesco defector, has also just received a negative response from Serge Papin.The president of U-System has successfully completed a double blow by seizing Coop Atlantic and Telemarket site – would nevertheless have been the ideal candidate.

ALSO READ:

"Carrefour values ​​Dia 4 billion

"Spain is testing successfully Carrefour Planet

The projects of Carrefour upset

"Carrefour is separated from Co-op Atlantic

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.

The Cac 40 restarts safely

Posted by admin on May 11th, 2011

The CAC 40 is testing its ability to safeguard the 4000 points on Tuesday. Having dropped 1.25% Monday because of the deteriorating financial situation of Greece, the Paris stock market index opened slightly up from 0.10% to 4011.33 points. The context of uncertainty prompts investors to remain cautious. They will follow the program to include six months of Greece amounting to 1.25 billion euros.

On the macroeconomic front, industrial production fell 0.9% in March, according to statistics released Tuesday by the INSEE. Analysts forecast an average 0.4% increase in industrial production.

United States, the import prices in April will be released at 14:30.

Greece in big trouble, gasoline at record levels

After losing more than 2% Wednesday, financial stocks were battered again Tuesday.Societe Generale (-0.95% to 41.78 euros), AXA (-0.44% to 14.59 euros), Credit Agricole (-0.37% to 10.71 euros) and BNP Paribas (-0, EUR 52.75 36%) had the largest decreases the Cac 40. The rating agency Standard and Poor's downgraded two notches sovereign rating of Greece.

BNP Paribas is expected to formalize Wednesday Pébereau departure from the presidency of the French bank at the end of the year or early 2012, and appoint in his place the current chief executive Baudoin Prot, the Financial Times.The latter should be replaced by Jean-Laurent Bonnafé, deputy CEO of the group.

While gasoline prices breaking new records almost 1.55 euros on average, earn 0.63% to Total 41 paydayloans.53 euros.

JC Decaux: 1.32% to 23.45 euros

JCDecaux has significantly exceeded its target on the first three months of 2011 by signing a growth of 7.8% of turnover, but it is more cautious for the current quarter assuming an increase of about 4%.

Saffron: 1.02% to 26.26 euros, Thales: +0.08% to 29.73 euros

Safran and Thales should arrive this summer with a tentative agreement on an exchange of assets in the defense wanted by the government, as the chief representative of arming Laurent Collet-Billon, in an interview Tuesday at Les Echos.In a statement, Safran confirms negotiations with Thales.

Sales and general meetings in the program

Atos Origin: -1.68% to 41.59 euros

The IT services company Atos Origin said Tuesday sales down 1.3% in the first quarter 2011 to 1.22 billion euros.For the first half, the group seeks an operating margin up 50 basis points, compared to 6% for the first half of 2010.

Eurazeo: -0.37% to 55.99 euros

The investment company Eurazeo in the first quarter revenues stable at 866.8 million euros, but up 5.9% in not taking into account the base effect associated with adverse chain of budget hotels B & B Hotels, sold in 2010.

The turnover in the first quarter of Maurel et Prom, Nexity, Ruby, Alten, Assystem, Devoteam and Eutelsat (third quarter), will be announced after market close.

Note that the general meetings of ArcelorMittal, Lagardere and Havas will be held Tuesday.

London Olympics: medals Rio Tinto

Posted by admin on April 21st, 2011

Rio Tinto will be behind every Olympic medal at the upcoming London Olympics 2012. The Anglo-Australian mining giant has indeed been chosen by the International Olympic Committee to be the official supplier of metals used in their manufacture. In total, Rio Tinto will provide all the gold, silver and copper for the production of the 4700 Olympic Games medals (OJ) and Paralympic Games.

On a specific page on its website, the group says that the mines from which metals are extracted will be located "at opposite sides of the globe." This is actually mine Bingham Canyon, United States, and that of Oyu Tolgoi, Mongolia. The making of medals will be given to the prestigious British Royal Mint.

The group will not be his first time since he was chosen in 2002 for the Winter Olympics in Salt Lake City.In 2008 in Beijing, was his rival BHP Billiton's history who had played the role of official supplier of the committee.

Sponsor

For now, design and composition of the medals are still being studied, and the details should be finalized later this year. But the official recommendations of the IOC should not be very different from those issued to Beijing in 2008. 3 years ago, the Committee wishes such as for individual events, the gold is composed of at least 92.5% silver and 6 grams of pure gold. The silver medal was also to be composed of 92.5% pure silver. The three medals were to be 60 millimeters in diameter and 3 millimeters thick.

Rio Tinto could be asked to provide similar amounts of 9 kilos of gold, 9 silver and 4 tons of tons of copper.Olympic Winter Vancouvert 2010, the mining group, Teck had medals for 1000, delivered 2.05 kilograms of gold, 1950 kilograms of silver and 903 kilograms of copper.

At current prices, this represents almost 300,000 euros gold, some 30,000 euros copper and nearly 9 million of money. "They become sponsors. For them, the benefits in terms of image will be even more important, "says Patrick Schein, owner of Gold by Gold, an expert on gold.

No "golden fair in London

Like his colleagues in the Alliance for Responsible Mining (AMR), the owner of Gold by Gold also regrets that the Committee has preferred to entrust the entire supply of gold in giant Rio Tinto. With laFairtrade Labelling Organizations International (FLO), AMR defends indeed a fair gold label which "offers precious metal quality and respectful human social values."But "Rio Tinto is one of those big mining predators for a kilo of gold are 60% margin and pay 2% royalty to the State. They say they respect the principles of sustainable development but it is an image that they give themselves to be accepted by states and pension funds, "Patrick Schein annoyed.

FLO, which had contacted the Committee, had hoped that at least part of the gold medals are labeled, especially since the label, called Fairtrade & Fairmined, was officially launched in Britain in February . "It is the committee's choice. It is understandable because they have a budget to buckle. We may also launched the label too late for them. But they could play the game, "lamented Patrick Schein. Advocates of fair gold does not intend to stop there, however: "It may be next time.A major sporting event is an incredible opportunity for gold to shine just before more than 3 billion viewers. A great champion pulling a coin would symbolically labeled hard! One day we will get there, "says the boss of Gold by Gold.

ALSO READ:

"London is on schedule for its Olympics

The gold crossed the historic threshold of $ 1,500

Libya Barn Asia Market

Posted by admin on February 22nd, 2011

This time, the Asian financial markets do not evolve in an uncoordinated manner. They all opted for the red on Tuesday. Even the Tokyo Stock Exchange which had posted the only positive stock performance on Monday. Today, it has not withstood the wave of anxiety that hit Asian financial markets. The army fired on the crowd, hundreds of deaths to deplore: tensions repeat Libya and Colonel Gaddafi, challenged by the street, continues to practice repression.

The oil will not stop

Therefore, oil continues to skyrocket, the violence threatening to destabilize the oil producers in the Middle East and North Africa. In morning trading, a barrel of light sweet crude for March delivery gained 6.45 dollars to 92.65 dollars. That of Brent North Sea crude for April delivery has appreciated by 1.21 dollar to 106.95 dollars.

Libya exports 80% of its black gold to Europe, especially Italy, its former colonial power. "A spread unrest in the region could threaten the supply of black gold the economies of the world as the Middle East and North Africa are home to major oil producing countries," said an analyst.

Asian stock markets show for their substantial declines Business Card Holders. At the close, the Nikkei 225 Index 1.78% and cowardly to 10,664.70 points.

Moody's may degrade the note of Japan

Another cause for concern for investors and explain the cons-index performance Japanese: the possibility that Moody's lowered the rating of Japan. The rating agency has indeed degrade "stable" to "negative" view of the debt rating of the country, saying the government was going to struggle to reduce the budget deficit and contain the increase in debt.The country is indebted to the tune of around 200% of its GDP, the highest proportion among developed countries.

The same goes for Chinese stock markets: the Hang Seng Index in Hong Kong dropped 1.92% to 23,033.60 points and the CSI 300 Index lost 2.41% to 3179.45 points. But also for other exchanges: the Taiwan TAIEX Index is down sharply from 1.78% to 8682.23 points, the KRX 100 Index yields 1.38% at 4209.58 points, the S & P / ASX 200 Index lost 0 , 88% to 4856.70 points and the FTSE Straits Times Index was down 1.37% at 3028.57 points. Only the BSE Sensex 30 Index limit its losses with a decrease of 0.08% to 18,423.90 points.

Wall Street has led the CAC 40 down

Posted by admin on January 26th, 2011

European shares end down on Tuesday. The CAC 40 shows a decrease of 0.34% to 4019.62 points at closing. Elsewhere in Europe, the FTSE-100 from the London Stock Exchange was down 0.44% at 5917.71 points while in Frankfurt the Dax lost 0.12% to 7059.01 points.

Investors remained on guard before the speech of Barack Obama before Congress on the state of the Union and before the start of the meeting of the Monetary Policy Committee of the Federal Reserve (Fed).

The Wall Street Journal, the U.S. President will explain that he intends to find points of growth in renewable energy and research. Barack Obama will announce new spending in education and infrastructure, including road improvements, as the business daily. He could also announce to Congress a tax reform sought by conservatives."This speech will set the scene for the next two years," says Ross Baker, a political scientist at Rutgers University in New Jersey. "This will also be a delicate balancing act," says this former parliamentary attaché.

In the U.S., housing prices fell further in November, dropping 0.5% from October, according to the monthly S & P / Case Shiller index released Tuesday.

Consumer confidence has improved significantly in January, according to an index released Tuesday by the Conference Board, which jumped to 60.6 against 53.3 the previous month.

In France:

– Starts of new homes rose 2.4% in December and 6.9% over the last three months of 2010, to 3.5% to rise throughout the year, 346,018 , according to figures released Tuesday by the Department of Ecology and Sustainable Development.Not since July 2009 to observe a 12-month total so high, the ministry said. Meanwhile, the number of building permits granted for dwellings fell 0.7% in December and 1.9% over the period October to December compared with the previous three months.

– Expenditure on French household consumption of manufactured goods rose 1% on average in 2010, a year that ended on a 0.6% increase in December, driven by the end of the scrapping in automotive, INSEE said on Tuesday.

The IMF raised its forecast for global growth

The International Monetary Fund raised its forecast Tuesday for global growth in 2011. The institution said it was counting on 4.4% growth for the year, against 4.2% forecast in October. The forecast has been raised especially for the United States, 3% against 2.3% previously.The IMF explained by Washington's decision to extend for two years of tax cuts decided in 2001 and 2003, which would "add a half point of growth" in 2011.

For the euro area, the forecast was left unchanged at 1.5%, as well as for France to 1.6% against 2.2% in Germany (2% previously). For emerging and developing its forecasts remain broadly stable, with 9.6% growth in China, India 8.4% or 4.5% in Brazil.

Note that the side of the currency, the euro started to fall on Tuesday after almost touched the threshold of $ 1.37 on a wave of optimism in the euro zone and facing a dollar weakened by a resurgence of anxiety on the eve of the monetary policy decision from the U guaranteed payday loans.S. Federal Reserve (Fed).Vers11H00 in Paris, the euro bought 1.3581 dollars against 1.3635 dollars late Monday.

To follow: Renault, Lagardère and France Telecom

Renault: + 2.43% to 48.47 euros

Carlos Ghosn, CEO of the automaker, has again said Monday that crews were also shocked Nissan as their counterparts from Renault by the discovery of the spy case that hits the mark in diamond.

Interparfums: + 5.56% to 25.64 euros

The manufacturer of fragrances, which reported Tuesday an annual turnover exceeding its own expectations, has revised upward its forecast for 2011 in favor of launching a new fragrance Burberry and integration of Boucheron lines.

Havas: + 1.06% to 3.80 euros

ING has raised its recommendation on Tuesday Havas from "hold" from "buy" on the title, while lowering procurement to "neutral" opinion on the sector of advertising agencies in Europe.

Lagardère: -1.61% to 34.84 euros

The group identified a new time on Tuesday its forecast for operating profit in 2010 for its media business, which should save a contraction of less than 5%, so far it expects a decline ranging from 5% to 10%.

France Telecom: + 0.43% to 16.33 euros

Orange announced Tuesday that it is in exclusive talks with the French platform on the internet Dailymotion videos to acquire 49% of its capital to 58.8 million euros, with an option for up to 100% from 2013.

LVMH: +2.42% to 116.50 euros Hermes: + 1.21% to 146.20 euros

The CEO of luxury goods group Bernard Arnault, has enjoyed a fashion show for Dior (a subsidiary of the group) to reaffirm that the rise in the capital of Hermes was peaceful, also ensuring that it does not take control the famous saddler.

Alcatel-Lucent: + 2.85% to 2.45 euros

The group sees a clear interest from the French telecom operators for future generation mobile networks (4G), but the speed of their deployment will depend very much on the price of licenses to be auctioned by the state.

Air France-KLM: -0.77 to 13.54 euros

A group of independent experts commissioned by the airline to consider the safety of its flights after the crash of Paris-Rio, concluded that the airline had not committed any deviation from the regulations.

STMicroelectronics: -2.48% to 8.35 euros

The group released Monday a profit that exceeded expectations in the fourth quarter but noted that it anticipated a drop in sales in the first quarter, about 7% to 12% sequentially on the other.

Sanofi-Aventis: -0.69% to 50.63 euros

The pharmaceutical giant has hired a search firm to potential candidates for appointment to the Board of Directors of Genzyme, said on Monday sources familiar with the matter.

Spir Communication, Klépierre NextRadioTV SeLoger.com and publish their turnover in the fourth quarter.

The CAC 40 up a bit

Posted by admin on January 21st, 2011

The trend remains fragile on Friday on the European stock exchanges. In Paris the CAC 40 has remained in limbo (-0.30% to 3964.84 points) yesterday, Thursday.But this Friday, the index is the height in early trade: 0.46% to 3983.06 points.

Factor supporting this day, the morale of French manufacturers, which continued its gradual rise in January, with a sharp jump of six points from the previous month to 108 points, the sentiment index of all the winning business it a point to 106 points, Insee said Friday.

This morning, Asian stock markets overall declined sustained change, and yesterday afternoon, Wall Street has ended in equilibrium, investors opted for caution amid speculation about new Chinese measures to prevent overheating of the second world economy .

The appointment on Friday, the monthly business survey in industry and services by INSEE. Then 10 hours, the German Ifo index will be monitored.

On the foreign exchange market, the euro is trading above $ 1.35 on Friday.The euro has gained strength this week against a background of successful bond issued by EU countries like Spain and Greece. In front, the dollar depreciated while Barack Obama has welcomed Tuesday its Chinese counterpart and called for yuan appreciation.

Sanofi-Aventis is expected to extend its offer for Genzyme

The offer expires on Genzyme Friday 21 January.

Vivendi Judgement of Paris criminal court in the trial of Jean-Marie Messier.

The three Renault executives questioned complained and defend themselves with force. The doubt settles. The CEO of Renault will speak Sunday evening.

Kaufman & Broad Group announced Thursday night have returned to profitability in 2010 and 21% had reduced its debt after a year marked by a resumption of commercial activity.

The Somfy blinds specialist has announced a turnover up 12.1% for its fiscal 2010 to 852.6 million euros. Sales have benefited from buoyant activity in Germany, Central Europe and East and France. They have offset lower sales in Northern Europe.

Damartex The apparel retailer reported Thursday evening sales up 3.8% in the first half of its fiscal year 2010-2011, to 385.3 million euros.The group, which owns the brand Damart, has not made a forecast for the coming quarters.

Schneider Electric has confirmed on Thursday the closure of its plant in St. Pryvé St. Memin (Loiret) managed by one of its subsidiaries.

Air France-KLM The company yesterday accsué its seventh session decline in a row, with a drop of more than 4% Thursday evening after closing the warning on the results of EasyJet yesterday.

Scor said Thursday it had successfully placed 400 million Swiss francs of perpetual subordinated securities.

CGG Veritas has finally announced that it issued 360 million euros in convertible bonds after exercising the over-allotment option.The group had initially planned to issue 315 million euros.

PRPA The motorway company has reported a traffic increase of 1.3% in the fourth quarter, offsetting heavy traffic traffic light vehicles affected by snowfall and shortages of gasoline early fall.

Compagnie des Alpes The leisure group said sales growth of 1.41% in the first quarter of its fiscal year 2010-2011 supported by a good attendance of its ski areas through early snowfall observed in late 2010.

Veolia Environnement Groupe Industriel Marcel Dassault, the holding of the Dassault family, announced December 31, 2010 hold at 5.37% of share capital and voting rights of society in environmental services.

Cegid reported Tuesday a turnover up 0.4% for 2010 and expects a net profit increase for its entire fiscal year.

Technip announced Friday it had won a contract from refining in Bulgaria worth 70 million euros.


Copyright ©