In turn, the George V Class "palace"

Posted by admin on September 15th, 2011

In early May, to everyone's surprise, he had not been declared worthy of a palace by the jury. A great controversy at the time … Four months later, the George V, consistently ranked among the best in the world is finally named Palace …! On the recommendation of the jury, the Parisian hotel becomes the ninth luxury hotel to win the award, given by Frédéric Lefebvre, Secretary of State for Tourism, for a period of five years."At its meeting on 8 September and under the regulations governing use of the mark" palace ", the jury made a further review of the application of the Four Seasons Hotel George V Paris and decided to recommend to the hotel granting of the distinction palace, "said the jury in a statement issued by Trump France, responsible for the promotion of France.

"Since May, the board revisited the hotel and on the basis of new evidence, he said that George V was worthy of having the distinction," said Le Figaro academician Dominique Fernandez, his President. "We did not submit a new folder and nothing has changed in the hotel since last May," says the other hand a spokesman for George V.

The regulations governing use of the brand palace provides that a losing candidate to stand again (not three), without having to create a new folder.The jury, which decides on subjective criteria, is not required to explain his motives. Wednesday again, he was careful not to do so, despite the misunderstanding brought about by its decision to dismiss the first George V, before finally considering the palace, in a very short time. "This award palace, far from being an end, only reinforces the motivation of all employees to go deeper into the quest for perfection to continue to the Four Seasons Hotel George V reference in the Hotel World, "responded Christopher Norton yesterday, its chief executive.

A small score in the long term

A new session is scheduled for late November. Two hotels in Saint-Tropez, the Château de La Messardière and Byblos, are still candidates, and The Reserve at Ramatuelle. New applications are expected in January."The appointment of George V delights me, says Michel Jauslin, general manager of Park Hyatt Paris-Vendome. With us, the distinction has received a lot of the hotel, the echo went deep into China and Latin America. We have created interest because we are in an unexpected segment, the palace today. We saw this happen was a new customer, in addition to our loyal customers. Our occupancy rates are in the average Parisian palaces and the average price of our rooms – suites out – is 800 euros. "

Ultimately, how many hotels could become palaces? "We heard everything and anything. Given the excellence of this initial list of nine palaces, there should be a small twenty palaces in France in the short and medium term, providing Christian Mantei, director general of Trump France. Before the distinction is, too many luxury establishments said they were palaces.It ended happily. It is too early to measure the economic impact of the distinction on prices and attendance. "

The Assembly urges the battle of the tax loopholes

Posted by admin on September 5th, 2011

Week of Living Dangerously! Parliament will enter tomorrow's review of the draft supplementary budget plan that includes financial support to Greece and the first steps-deficit made ten days ago by François Fillon. The goal? Vote on 12 billion euros in savings over two years which should enable France to comply strictly with its path to reduce public deficits and to keep its "AAA" rating from the rating agencies.

The debates will be difficult if one relies on the controversy that shook the majority in recent days about the increase in VAT on new theme parks. The revolt, led by former Prime Minister Jean-Pierre Raffarin, has also occupied much of the UMP conversations on campus this weekend in Marseille. And leads to development of François Fillon during his closing speech."Nothing is taboo and nothing is left," said the Prime Minister as an open … before closing the door. "The government is open to criticism and amendments, provided they do not involve the amount of effort or their balance, he warned. Consumption, business competitiveness and purchasing power of smaller should not be affected by the adjustments to be proposed. "

Competitive threat

To compensate for the 90 million shortfall in the expected drop – Finance Committee voted and announced by Jean-Pierre Raffarin following a meeting with Nicolas Sarkozy – the measure "theme parks" Gilles Carrez, the rapporteur of the budget UMP , offers a flat rate tax on luxury hotels room rates. An alternative measure already opposed by industry lobbyists.Frédéric Lefebvre, Secretary of State for Tourism, that the tax court "would deal a blow to the competitiveness of French tourism." At Bercy, it also highlights the fact that hotels could circumvent the tax by asking to be downgraded. As managers of the establishments referred, they fear that their net worth "going to other capitals cheaper." Who said it was easy to delete niches in France?

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Why Russia is losing its satellites

Posted by admin on August 26th, 2011

This is the first crash of a Russian cargo ship for thirty years. The ship Progress M-12M, which was to supply the International Space Station (ISS), catapulted the wrong orbit by the Soyuz rocket, crashed Aug. 24 in a desert region of Altai (South of Western Siberia) . A week earlier, the Russian space agency Roskosmos has lost contact with the Express AM4 communications satellite, launched by the Proton rocket. The Russian Space Agency (Roskosmos) has lost contact with six satellites over the last nine months, representing a total cost of 16 billion rubles (400 million), according to estimates.

A sector that has suffered from funding amnque

These few accidents have nothing to coincidence. A series of failures and a multitude of launch delays "for technical problems" are symptomatic of the troubles facing the aerospace sector in Russia.According to experts, they are the result of lack of funding in the 1990s. After the fall of the USSR, the government was not able to support programs in the aerospace industry in the long run, leaving this area for many years. Funding for this sector has taken the early 2000s, with an annual budget that has tripled between 2005 and 2011, increasing to $ 3 billion (2.1 billion euros), of which 700 million (490 million) in the form of commercial contracts. However, the salary of a junior engineer in a design office in Moscow Roskosmos always varies between 20,000 and 25,000 rubles (500 to 625 euros), while the average salary was over 40,000 rubles (1,000 euros) in the capital Russia in July this year.

A technology gap

Moreover, the funding problem, everything happened right after the fall of the Soviet Union, the sector has accumulated since its inception in the 1960s an important technological gap. According to the Scientific Director of the Space Policy Institute Ivan Moissev interviewed by the Russian daily Vedomosti, the current failures in the sector are linked with the Soviet legacy. At the time, the state spent a large budget for space exploration, and Russian rockets were cheaper than American rockets. As a result, all equipment were mass produced, not that special attention be paid to quality. "A satellite was lost soon be replaced by a new," recalls one specialist Roskosmos, noting that before 1991, the space agency was not used to account for missed assignments.Today, trying to fill Roskosmos somehow technological backwardness of its devices by integrating systems of foreign manufacture. But this poses problems of compatibility between them.

Soyuz is not affected in Guyana

European partners, however, remain optimistic about Russian involvement in the Galileo project. Russia announced in 2010 its intention to join the program launch navigation systems alternative to the American GPS. The project led by the European Space Agency (ESA), will start on October 20 with a deployment in orbit of the first two satellites from the Guiana Space Center (SMC), through the Soyuz. Asked by Les Echos Friday, Jean-Jacques Dordain, Director General of ESA into perspective. "We're doing a difficult job.The difference between success and failure is minimal, simply a failed component to move from one to another, "said he.

Having sacked the former head of the Russian Space Agency in April, Prime Minister Vladimir Putin ordered Roskosmos to make changes "radical" in the production cycle of spacecraft. The management agency has also decided to suspend for now the launch of all flights of Soyuz spacecraft until the cause of the accident with the vessel Progress to be clarified.

Since the withdrawal of the U.S. shuttle Atlantis, France and Russia are the only replenishment of the International Space Station with its Automated Transfer Vehicles (ATV), launched by Ariane and Soyuz.

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U.S. agreement: that the market expects

Posted by admin on August 1st, 2011

On the night of Sunday to Monday, an agreement was reached between Republicans and Democrats to raise the U.S. debt ceiling. A favorable outcome that immediately reassured the markets: when Barack Obama announced the compromise to 2:45 Paris time, Asian stock markets – open to this hour – surged after learning that the failure to pay the United States was avoided. The Nikkei in Tokyo rose 1.7% immediately before finishing up 1.34%. Later, in Europe, major indices also showed the green, like the Cac 40 in Paris, which opened up 1.35%, and the ragagnant 3700 points, the Footsie Londoner, who took 1.07 % and the Dax in Frankfurt (+1.5%).

Safe haven, gold subside sees the outbreak of the course, which showed great concern on the part of investors.The yellow metal, which was still worth almost 1630 dollars per ounce on Friday, and is around 1615 dollars fell on Monday. Another indicator of the relief the markets: oil, which accounts for the opening of Wall Street about 2.7% to 98.28 dollars.

Immediate response as the currency market, the dollar has suddenly taken against major world currencies, particularly against the yen (the dollar rose from 77.3 to 78 yen per hour), just after the announcement.

Market reassured for a time only

Thus, if the news was appreciated at the time, markets have not been won by either euphoria and await confirmation of the plan by one vote. Yet some Republicans have expressed strong opposition to the agreement. Already around noon on Monday, the dollar back down a little, one euro was trading against 1.4437 dollars (0.23%).Same against the Swiss franc, another safe haven, which goes back to full speed against the dollar and finds its historical levels of force, to 0.78 Swiss francs to the dollar. On European stock markets, the increases were massed in mid-day. Then on Wall Street, the Dow has advanced little in early trade to 15.30, about 0.7%. Not enough to make up for the fall of 4.4% registered in the past week.

Then, around 3:45 p.m., the European and American markets have nose dive.It is not there a sudden distrust towards the agreement on U.S. debt, but a strong reaction of markets to the publication of the U.S. ISM index, which measures the strength of manufacturing activity across the Atlantic and came out in sharp decline.

Many uncertainties remain

A disappointing statistic that echoes the poor performance of U.S. economic growth in the second quarter, and falling very badly, while the federal government announces measures of fiscal restraint. The markets also show careful because the details of the agreement remain unclear. In addition, the debt ceiling would require a new vote in early 2013, after the presidential elections.Now remains to be seen how the rating agencies will react to reductions in planned expenditure, less important than they hoped.

However, they have warned: even if the United States are not lacking, this would not prevent the AAA rating of the country may be degraded. In this case, markets may again sink into depression.

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Fuel prices go up

Posted by admin on July 11th, 2011

Christophe de Margerie confirmed and signed. In mid-April, the boss of Total has caused an uproar by saying that the super two euros per liter was something inevitable.This time the statements are more subtle but no less firm: on the margins of economic meetings in Aix-en-Provence, the head of the French company said that "the price (of oil) rather than being on the rise, so do not expect long-term prices (fuel) down. "

The issue is very clear to Christophe de Margerie, "If it does not reflect the increase in oil prices, the box runs." Under these conditions, while going on holiday will intensify in the coming days, the price the pump are about to take four to five cents extra.

The decision of the International Atomic Energy Agency (IEA) on 23 June, to tap into strategic reserves to lower prices will have had a very limited impact."The effect was instantaneous – crude has fallen from 115 to 107 dollars, almost four cents less at the pump – but the fundamentals of the market quickly regained the upper hand," said Jean-Louis Schilansky, President of the French Union of Petroleum Industries (Ufip).

$ 200 a barrel

In this case, is the increase in demand on prices. While the IEA has estimated that the outbreak in the spring classes began to slow global consumption, but the 90 million barrels per day (bpd) is no longer so distant pay day loan lenders. Moreover, if growth continues, the cap could be gone by the end of the year, according to the scenarios of the Agency.

Meanwhile, it is unclear how far prices will rise at the pump. At the end of last week, the Brent crude in London closed above $ 118."The courses tend gradually to 120 dollars," said Jean-Louis Schilansky which states that within a few days fuel prices should find their levels of early June. An average of 1.50 euro for unleaded 95 and 1.33 euro for a liter of diesel. As for the bar that fateful two euros per liter, it corresponds to the experts at a price of 200 dollars a barrel. "We still have some respite," said Jean-Louis Schilansky.

In this issue so sensitive fuel prices – especially in summer – the government continues to be very careful. A few days ago, they had encouraged retailers to pass quickly down the barrel instantly.This time, they should encourage stakeholders – oil and supermarkets – to smooth the rise in crude.

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Offshore wind: EDF partners with DONG Energy

Posted by admin on July 4th, 2011

The battle to win the big contract from the French offshore wind organized. After Areva, which has partnered with the Spanish Iberdrola last week, it was the turn of EDF Energies Nouvelles to partner with a foreign group specializes in offshore wind, according to Les Echos. A subsidiary of EDF should indeed unveil Monday morning a partnership with Danish DONG Energy to meet the tender to be published July 11, the newspaper said. The tandem will try to get hold of the entire order worth a total of 10 billion euros.

The project, detailed by Nicolas Sarkozy last January after being repeatedly postponed, for the first phase is to establish 600 wind turbines with an installed capacity of 3,000 megawatts (MW) in France. By 2020, the government is a target of 6000 MW of offshore wind, or 1200 units to be built.

In detail, EDF EN and DONG Energy would create a joint venture majority owned by EDF Energies Nouvelles. This new entity will offer a special place in the Danish group in the race to the contract and will allow EDF EN to join a specialist offshore wind. In fact, DONG Energy already operates eleven offshore wind farms in Europe. The Danish group have been very courted, especially by GDF Suez.

In contrast, the subsidiary of EDF is still not present in the field of wind energy at sea, but EDF EN goes into working order. Having established a partnership with Alstom to supply him the offshore wind, he offered the services of three groups who worked on the project.

DONG Energy and EDF EN, associated with Alstom, is positioned on the five areas covered by the tender in competition with Areva / Iberdrola on two areas and three areas with GDF-Suez, Areva Vinci.Other contenders could also decline by 11 July.

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Greece is mobilizing against the austerity plan

Posted by admin on June 28th, 2011

Greece will operate at idle on Tuesday, the first day of a general strike of 48 hours. A movement to challenge the new austerity plan which must be passed by parliament before June 30 The unions and the opposition rejected the new tax increases and the waves of mass privatization included in this new plan.

And the movement promises to be monitored. As for transportation, airlines warned that Greek flights will be canceled and Athens, most buses, trolleys, interurban trains and trams will remain in port. Governments are also concerned. In hospitals, only emergencies will be provided, power cuts will be random and banks remain closed. The journalists will stop work for several hours. The outrage, the popular resistance movement apolitical, gathered on Parliament Square.

But despite popular discontent, the government maintains its plan, the adoption of conditions the release of a new tranche of loans from the European Union and the International Monetary Fund. Become indispensable aid to Greece to avoid a default. Prime Minister George Papandreou has even called yesterday to the "patriotic duty" of MPs urging them to vote in favor of the proposed budget for fiscal consolidation in the country. And voting will take place tomorrow and Thursday, promises to be particularly tight: the opposition and vote against certain member of the majority – that is up to five votes say they also opposed. If rejected, the Europeans have built up a "plan B", according to Reuters.It would be a plan in case of default anticontagion Greek, distinct from the French proposal, based it on a private sector participation.

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The police stress in the heart of an unpublished study

Posted by admin on May 14th, 2011

A "groundbreaking study and scientific." Alliance, the second union peacekeepers, and the CNRS announced Friday the launch of an extensive survey of the 120,000 police officers on their working conditions, "stress" and "management". The study, entitled "Management and Well-being at work in the police" in a context of "working conditions are considered difficult" to police, said Mathieu Molina, the lead researcher at CNRS , referring to a "dangerous job".

Originally the project: Researchers from CNRS at the University of Toulouse / Capitol 1.They have asked the union so that the "investigation is widely distributed to police, including through its network of 4,000 trade union delegates, said during a press conference Molins Mathieu and Jean-Claude Delage, secretary general the police union.

According to an unpublished study by the National Institute of Health and Medical Research (INSERM), conducted at the request of the Ministry of Interior, the rate of suicide in the police community is 32.4 per 100,000 workers. A figure almost twice that recorded at France Telecom.

"A first in the police"

The police will respond anonymously on the Internet to a series of some 250 questions about their "working conditions", the "stress" or the "feeling of coaching."They will be asked about their environment "sometimes hostile," the "media pressure", the "workload", and the service weapon, but not direct, the "political figure". "If it appears that it" arose from the policy outcome driven by Nicolas Sarkozy when he was interior minister, "is an element terminated by our colleagues, we will know," said Jean-Claude Delage.

In the number of responses expected, Mathieu Molins argued that some 5,000 responses would be a "good sample". The target for the police union is to draw lessons in order to then make "concrete proposals" to the Ministry of Interior. The results of this new survey are expected in January 2012, a few months before the presidential election.This will "also ask candidates," said Secretary General of the police union.

"This is a first for the police," added Jean-Claude Delage. And it concludes: "The police will have to (this) level the opportunity to express themselves confidently (…) and make known their views on the current situation in their services."

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Wall Street closed higher by U.S. employment

Posted by admin on May 7th, 2011

In the light of an early meeting smashing, with the Dow Jones up more than 1%, the NYSE closed modestly in the green Friday. The Dow Jone gained 0.43% to 12,638.81 points. The Nasdaq index of technology stocks has taken its share 0.46%, to 2827.56 points.

The mood on Wall Street's opening, driven by the release of employment figures better than expected, has been tarnished by rumors from the euro area. Greece had indeed threatened to leave the eurozone, according to the German magazine Der Spiegel, citing sources close to the German government. A ifnormation quickly rejected by the major European capitals and in Greece itself.

U.S. stocks have opened sharply into the green on Friday, strongly supported by the publication at 14.30 good employment figures for the month of April.The Dow Jones advanced 1.10%, to 12,723.12 points and the Nasdaq by 1.09% to 2845.48 points.

Thursday for the third straight session, Wall Street had ended in retreat, investors are unpleasantly surprised by the rise in weekly jobless claims. The fall in commodity prices had also weighed on Wall Street and on most stock exchanges. Asian markets were down this morning.

Oil, for his part ended in the red, a barrel of light sweet crude for June delivery touching down to 97.18 dollars. In one week, falling 15%. This is the largest decline in weekly percentage terms since the week 19 December 2008 when prices fell by 26.8%.

The commodity index had plunged by 5% Friday, its heaviest correction since the 2008 financial crisis and one of the largest in its history.This violent decline in oil and metals weighs heavily on many sectors like oil and steel or producers.

On the foreign exchange market, the acceleration surprise hiring in the U.S. and the turmoil associated mainly in the euro zone have precipitated the rise of the dollar. After passing during the session under $ 1.45, a first for 10 days, the euro traded at 1.4341 shortly before 22.30, down 1.37%.

Kraft Foods profit down

Values ​​to follow

Kraft Foods 2.91% to 34.36 dollars

No. 2 worldwide agribusiness has announced a profit of 799 million dollars in the first quarter, down from $ 1.8 billion last year. The benefit was then boosted by asset sales. Turnover was up 11% to $ 12.6 billion. Organic growth was 4.5%.For 2011, the Group expects organic growth of 4%, against 5% previously announced, and a total growth between 11 and 13%.

Sara Lee: +0.99% to 19.47 dollars

In the same sector, Sara Lee announced a quarterly profit of $ 153 million, against a loss of 336 million last year due to exceptional items. Turnover was up 6.8% to $ 2.22 billion below the $ 2.23 billion expected. Gross margin was down to 33.2% against 37.6%. The group has raised its selling price by 3% on average and anticipates further increases over the next 6 months.

Visa: 0.58%, to 79.16 dollars

Visa has announced his side a 23% increase in profits in the first quarter to 881 million.Net banking income of 2.2 billion, up 15%, driven by higher payments to international and a positive currency effect of 2%. The main uncertainty for the group focuses on the reform sought by the Fed on the fees charged on payments. The new law could reduce the turnover of the group between 11% and 15% and earnings per share of 20%. In addition, the group announced a new share repurchase program of $ 1 billion.

AIG: 1.36%, to 31.21 dollars

The insurance group has achieved for its first quarter 2011 net income of 269 million dollars against 1.8 billion a year earlier.However, the insurer posted a loss of $ 0.35 per share against earnings per share of $ 2.66 last year following the redemption of shares held by the U.S. Treasury for $ 385 million and the additional cost of 427 million related to the redemption of preference shares.

CF Industries: 5.28% to 136.07 dollars

CF Industries announced for first quarter 2011 net income of $ 282 million after a deficit of 4.4 million last year.

Fluor Corporation: 7.27%, to 70.49 dollars

Fluor Corporation completed the first quarter 2011 net income of $ 140 million against 137 million last year.

Microchip Technology: 1.04%, to 40.96 dollars

Microchip Technology has reported for the fourth quarter of 2010/2011 with a consolidated turnover of 380 million up 37% year on year and net income from continuing operations of $ 131 million, up 72% over the year.

Priceline.com: -1.02% to 528.59 dollars

Priceline.com posted a net profit in the first quarter of $ 137 million, up 57% over one year, earnings per share $ 2.66 $ 2.44 against the dollar and 1.7 expected last year .The turnover amounted to 809 million, an increase of 38.5% over one year.

Public Storage: 0.61%, to 24.80 dollars

Public Storage has announced a net profit in the first quarter of $ 148 million against $ 35 million a year earlier.

Sunoco: 3.44%, to 41.44 dollars

Sunoco recorded a deficit of 101 million dollars in the first quarter against a deficit of 63 million last year. The board of directors also declared a quarterly dividend of $ 0.15 per share.

Resuming Cac found that the threshold of 3900 points

Posted by admin on April 20th, 2011

In Paris, investors want to turn the page on Tuesday, while the day before the European and U.S. indices were trembling face the prospect of lowering the debt rating of long-term United States from the rating agency Standard and Poor's. At the opening, the CAC 40 gained 0.48% to 3899.68 points. The index has increased its Paris flagship gains the whole morning to show an increase of 0.79% to 3919.11 points in mid-day. The goal of returning to 3900 points is atteint.Un threshold is exceeded after the opening happily in the green on Wall Street. At 16 pm, the CAC 40 is trading at 3920 points (1.02%).

In Germany, the DAX index of the Frankfurt Stock Exchange at mid-session gaining 0.43% to 7057 points and in the UK, the FTSE-100 index gaining key values ​​0.61% to 5905 points.

The session is facilitated by a series of publications.This morning already, Essilor, Faurecia and Zodiac unveiled their quarterly sales figures. Tonight, one of L'Oréal is expected. Side economic figures in France, activity in the private sector has increased sharply in April, supported by the services, whose growth reached its fastest pace for over ten years, according to preliminary results of the survey Markit among purchasing managers released Tuesday.

European side, new registrations of passenger cars fell 5% in March on a year within the European Union (EU), show figures released Tuesday by the European Association of Motor Vehicle Manufacturers (ACEA). However, sales have increased in most European markets, notably Germany and France, which recorded a sales gain of 11.4% and 6.1% respectively.

Current accounts of euro area were in deficit by 7.2 billion euros in February, seasonally adjusted data, according to figures released Tuesday by the European Central Bank.

In the U.S., housing starts stand at 549,000 annual rate, while the market was expecting 520,000 after 512,000 in February (revised from 479,000). They display and a recovery of 7.2% over one month after a decline of 18.5% in February.

On the currency front, the euro fell sharply against the dollar on Monday night, however briefly falling below $ 1.42, weighed down by renewed concerns over the debts of the most fragile countries in the euro area, although United States have themselves received a stern warning.On Tuesday morning, the euro resumed at 0.11% 1.4243 dollar.Le oil also fell back after a warning from Standard & Poor's, but the situation in the Arab world will continue to drive prices upward

Faurecia and fly Zodiac

Side values, EDF (5.35% to 28.06 euros) headed the CAC 40 in mid-session. The redemption price of electricity to EDF's competitors is set at 42 euros on 1 January 2012. Eric Besson, Minister of Industry has confirmed the news Tuesday morning on Europe 1.

Faurecia is gaining 4.57% to 25.83 euros.Le group saw sales rise by 24% in the first quarter versus the first three months of 2010, an increase of 15% on a comparable basis.

Zodiac climbed 5.40% to 52.87 euros.Zodiac Aerospace announced Tuesday it raised its forecast operating margin for the year 2010-2011 after having almost doubled in the first half thanks to the recovery confirmed the aviation sector instant payday loans.

LVMH (4.24% to 114.40 euros) saw sales growth accelerate in the first quarter despite the earthquake and tsunami that struck Japan on March 11, while analysts had forecast a slowdown Growth of global luxury goods giant.

Michelin (2.01% to 60.88 euros) announced Monday the signing of a Memorandum of Understanding with the Chinese groups and Double Coin Huayi for the creation of a joint venture dedicated to the production of tires for the Chinese market.

Essilor advance slowly from 0.80% to 55.13 euros.Specialist ophthalmic equipment has confirmed its annual targets by announcing Tuesday an increase of 13.4% of its turnover in the first quarter thanks to its good performance in Asia and Latin America.

Archos tumbles

Edenred (-0.79% to 20.17 euros) announced an increase in its turnover and volume of issuance in the first quarter thanks to strong performances in Latin America, while those in Europe are more mixed.

Soitec (+0.09% at 10.66 euros) reported an increase of 34.4% of its turnover in 2010 thanks to a rebound in demand in the fourth quarter and expects a EBIT "slightly positive" for the year.

The manufacturer of glass bottles Verallia, a subsidiary of Saint-Gobain (+0.38% at 43.80 euros), announced Tuesday it had filed with securities regulators its core document, the first stage of its introduction on the TSX Paris.

Audika (1.88% to 20.55 euros) has confirmed its target of annual sales by announcing an increase of 8.6% compared to the first quarter of 2011.

Guyenne & Gascogne (0.90% to 94.95 euros) posted a turnover up 4.5% in the first quarter of fiscal 2011, mainly supported by higher fuel prices in during the period.

Le Noble Age (-2.80% to 14.92 euros) has reported a 11.3% increase from its operating revenue in 2010 to 179.9 million euros and said it expects to 2011 on an increase of 7% at constant perimeter.Its operating profit gained 30.3% to 17.2 million while the group of nursing homes and health facilities was counting on $ 16 million.

April Group (+0.40% to 21.30 euros) on Monday announced the acquisition of the Elco, based in Montreal, a broker specializing in risk of damage for which the activity represented 10.5 million euros the last year. Elco, which employs 80 employees, will be consolidated into its accounts from 1 April.

Theolia (-5.63% to 1.34 euros) announced Monday it had charged an operating loss in 2010, hit by a major disposal plan that has sealed its production of electricity for its own account.

The French designer and distributor of consumer electronics Archos (-14.77% to 7.33 euros) will launch a capital increase of 26 million euros to support its growth.

L'Oreal will publish tonight after the close of trading in its quarterly revenue and Spir Communication, and Transgene aufeminin.com.


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