Archive for March, 2010

The CAC 40 should move upward

March 30, 2010 - 12:29 pm Comments Off

The Paris Bourse should move up slightly on Tuesday in the first exchanges, and save the 4,000 points, just as before. The index futures on CAC 40 rose about 8:20 am from 0.28% to 4010 points.

Monday evening, Wall Street has ended up, preparing to end the quarter and a week shortened because of Easter. And on Tuesday morning, the stock exchanges in the Asia-Pacific move into positive territory.

INSEE published at 8.45am the detailed national accounts for the fourth quarter. Across the Atlantic, all eyes will be on the S & P / Case-Shiller housing price, to be published 15 hours. An hour later, consumer confidence will be unveiled in March.At 18:30, the economic advisor to President Barack Obama, Paul Volcker, will speak at the Peterson Institute.

But the big highlight of the week on the macroeconomic level is expected Friday with the release of monthly statistics of unemployment in the United States.

The Multaq Sanofi recommended in the United Kingdom

Sanofi-Aventis announced on Tuesday that the National Institute for Health and Clinical Excellence (NICE) – the agency charged with developing recommendations on health promotion and prevention and treatment of diseases in England and Wales — just released a new report evaluating the medicine of the future, the Multaq, in which the Institute expressed its intention to recommend the use of this drug for the treatment of patients with atrial fibrillation.

The drug for heart disease from Sanofi-Aventis had been considered "poor" by the Commission on transparency in France, which had sealed the title of the pharmaceutical company.

The TGV Tours-Bordeaux Vinci?

On Tuesday, investors will learn of the happy elect of the draft Tours-Bordeaux TGV. Vinci, Bouygues and Eiffage are on the move. Vinci had a head start.

Pre-market Transdev, whose merger with Veolia Transport should be completed in the second half of 2010 will hold a press conference presenting the results and balance sheet activity in 2009. Wendel and make public its sales and its annual results for the current year.

On Tuesday, will also be held a hearing at the Commercial Court of Paris on Natixis.Minority shareholders, united behind the consultancy Deminor have assigned the bank in early January for "spreading false, misleading or deceptive on the prospects for Natixis in its creation.

After Hours, the annual results 2009 Neopost will be published.

Daimler-Renault agreement imminent

March 27, 2010 - 11:41 pm Comments Off

In discussions for several months, Renault and Daimler could seal the alliance next month. Reportedly, Renault convened April 6 board of directors on this extraordinary subject. Y will be referred to the amplitude of the partnership between the two groups and an exchange of shareholdings which reach a symbolic level of around 3% of the capital, the Financial Times.

The holding of this board proves both that the proposed partnership is strategic and that Renault wants to make a quick decision. The aim is to announce in the wake to shareholders of Daimler and Renault, whose general meetings held respectively on 14 and April 30.

A partnership on small cars appears to be established."We saw no fundamental obstacle that would prevent an agreement", said earlier this month Dieter Zetsche, head of Daimler, maker of Mercedes and Smart. Both groups were formalized in late 2009 for discussions on small cars. He would share components between models Renault, the successor of the Mercedes A and B and the Future Smart, and even create a common platform to both manufacturers for smaller models. The agreement would also cover vehicles and electric utilities. This would allow Daimler, which has lost a lot of money with its smart, make economies of scale crucial.

Carlos Ghosn, CEO of Renault, has never hidden his willingness to open the Renault-Nissan Alliance in a third partner, bad credit payday advance . Objective: "search for additional synergies.The owner of the mark in the Diamond does not believe the alliance cooperation without capital, only "a symbol that the relationship is long term." "It is difficult to ask the engineers of two competing companies to share fully their skills without the link," said he.

Participation Nissan

The Japanese Nissan, which Renault owns 44%, could also be part of the agreement with Daimler. According to the Nikkei, Daimler would provide bigger engines to Nissan, which in turn would make electric cars and batteries to the German group."If Renault signs an alliance with Daimler extent, I suppose Nissan will join the alliance," said a Nissan executive quoted by the Japanese newspaper.

An equity cross between Renault and Daimler mean that the obstacle of the valuation gap between the two groups (10 billion euros to 37 billion French and in German at the current rate) has been bypassed. To simplify things, Daimler would provide the 3.5% it owns in his own group, according to Bloomberg. Finally, the merger could also speed the withdrawal of Renault in Volvo AB, the truck manufacturer with the French group holds 20%.

The CAC 40 increased his earnings

March 25, 2010 - 8:49 pm Comments Off

After limited Wednesday its losses due to degradation of the note of Portugal by U.S. rating agency Fitch, the CAC 40 remains virtually unchanged, with the Opening index in Paris gained 0.05% to 3951 points. Thursday and Friday, will take effect in the European Council in Brussels. Support measures to Greece are expected, involving the IMF and covering several tens of billions of euros.The stock exchanges in London and Frankfurt also opened small increase respectively from 0.07% to 5682 points and 0.08% at 6043 points.

The program also published a series of U.S. data – weeks claimed Thursday to 13 hours, and a third estimate of GDP for the fourth quarter of 2009 Friday at 13.30 – and the presentation from 9 hours by Jean-Claude Trichet's annual report the European Central Bank before the European Parliament.

The bank in a disorganized

As for values, the series of publications is nearing completion. Thursday, Hermes has released a turnover up 8.5% to 1.9 billion euros, while earnings fell slightly (-0.5%) to 290.2 million euros.Shortly after opening, shares Hermes show a net decline of 2.52% to 102.50 euros.

Pending more information on the measures to be taken at the Brussels summit, banking stocks move in a disorganized: Cr?dit Agricole and BNP Paribas rose respectively from 0.90% to 12.94 euros and 0, 33% to 58.03 euros. In contrast, Societe Generale and Dexia retreating respectively from 0.27% to 46.38 euros and 0.22% to 4.47 euros.

Renault rose 0.61% to 34.01 euros, negotiations on cooperation between the French automotive group Daimler and German are close to reaching an agreement, the Financial Times online payday loans !!!???!! !???!!!.

The Italian A2A accelerates the process of selling its stake in Edison to EDF (-0.09% to 38.55 euros), a transaction that would allow the French group to take control of Italy's number two electricity, at we learned from sources close to the matter.

TF1 head of DTH

Germany, France, the United Kingdom and Spain are planning to protest together with the U.S. President Barack Obama against the forced removal of EADS (+0.76% to 15.28 euros) in the invitation to Tender tanker aircraft for the U.S. Air Force said Thursday the daily newspaper Les Echos.

TF1 got the green light by the High Council of Audiovisual (CSA) to buy chains and TMC NT1 group but AB's subsidiary Bouygues will make certain commitments.A decision welcomed by financial markets as the TF1 shares climbed 4.93% to 13.63 euros, the largest increase in DTH.

KKR announced Wednesday the sale of a stake of 4.4% in Legrand through a process of "book building" accelerated. It will own 20.6% of the capital and 27.5% of the voting rights of French group at the end of the assignment. Wendel for his part said not to join the operation and maintain its 24.9% stake in Legrand (-4.11% to 23.59 euros). KKR shares changing rapidly declining from 2.14% to 6.41 euros.

Camaieu (stable to 158 euros) announced Wednesday the results in sharp drop in 2009 but said he observed an improvement trend in the last semester.

Veolia (+1.25% at 25.96 euros) announced in a statement that the new boss of EDF, Henri Proglio, leaving the presidency of the board of directors. His replacement has yet not been identified.

Dramatic rise in Japanese exports

March 24, 2010 - 3:13 pm Comments Off

Deliveries of goods for export jumped 45.3% in February in Japan, their biggest increase in nearly three decades. Exports rose towards all continents for the first time since 2007, according to figures released today by the Ministry of Finance nippon.

Despite the concerns of the Japanese government vis-?-vis the deflation threat, the dramatic rebound in exports could indicate the consolidation of the recovery so far seen as fragile and dispel any doubts about a possible recession.

The sharp increase reflects a recovery of global trade but also by a calculation that gives in February 2009 as the reference period. Japanese exports were then plunged 49.4%. Imports were up 29.5% last month.

Slow mobilization appeal of unions

March 24, 2010 - 3:01 am Comments Off

The mobilization of Tuesday has been much lower than last year. 800,000 demonstrators responded to the appeal of unions on Tuesday by the CGT for a national day of action aimed at influencing government policy on political and social. If this mobilization came shortly after the regional elections, the appointment union had however taken immediately after the Social Summit in February, meeting at the initiative of the Head of State to discuss, among other things, the upcoming construction of the reform pensions.

Tuesday afternoon, thousands of demonstrators began to march throughout France. If 60,000 participants were recorded in Paris by the CGT, 10,000 people marched in Nantes, the source said, police still had no figures available. They were 7000 in Le Mans, police said. In Rennes, the mobilization seemed weaker.Lyon accounted as 10,000 demonstrators by police, and Marseille, between 12,000 and 50,000. Bernard Thibault, the CGT leader, welcomed Tuesday a "mobilization rather good, given the lack of communication media on the day of action, because of elections."

The strike of civil servants was also relatively followed in mid-day. The department estimated that 21% the proportion of striking teachers, estimated at 40% for the SNES-FSU, a rate higher than the previous mobilizations. 11.45% of the postal employees were also mobilized by the leadership. At the station, the strike rate was estimated at 28% by management, and 32% by the CGT.At RATP, it would amount to 14% depending on the direction, the CGT-RATP not yet have figures to communicate.

Pension reform crystallized discontent

Two main points Tuesday crystallized the opposition of unions, following the government reshuffle.

• Pensions: major point of contention between the unions and the government, the pension reform was launched at the Social Summit in February. While the dialogue should begin early April, several union leaders have spoken about this on Tuesday, sending a warning to the government. The CFDT leader Francois Ch?r?que has called for reform reduces inequality cash advance america ."Of course we must change our pension system, but it does not evolve towards greater social justice, this is again a loss of confidence in politics." Therefore, it could "be the sport at a social level," he warns. Jean-Claude Mailly, secretary general of FP, for his part reiterated on Tuesday his commitment to the LCI retirement at age 60, holding "absurd" the solution of longer working hours to alleviate the funding problems induced by the lengthening of life expectancy. "If we follow this logic, women live longer should work longer," he argued. As for Bernard Thibault, leader of the CGT, he believes "we can not impose reform on accounting criteria exclusively, also challenging the objectivity of the Advisory Committee of pensions. "This appointment will be very difficult to carry," he predicted.Probably heard a speech by the new Labor Minister, Eric Woerth, who insisted on Tuesday on the need to "protect" the current system "an equitable reform.

• Employment: while the unemployment rate back above the 10% in the fourth quarter of 2009, the CFDT called for taking further steps to assist employees affected by the crisis. Pleading for an appeal to partial unemployment, training rather than dismissal, the leader of the CFDT has also called for financial support purchasing power and resources center for sustainable employment. The employees "have the feeling that we no longer speak of their real situation since September. An impression they would have in his Sunday expressed through the ballot box. The government must now "give strong signals, and change of method," he said.A view shared by the leader of the CGT, Bernard Thibault, who on Tuesday urged the convening of a new social summit at the Elysee. The meeting, a time desired by the head of state says he would aim to "take stock of the situation regarding employment, economic and social policy and purchasing power for practical decisions for implementing fast.

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Beginning of the strike at British Airways

March 21, 2010 - 1:53 am Comments Off

This is the first known strike British Airways for 13 years. Its cabin began Saturday a strike should significantly disrupt air travel in the United Kingdom during the next three days, after the failure on the eve of negotiations between the company and the union Unite. Approximately 1100 of 1950 BA flights planned over the three days will be canceled. British Airways hopes anyway, filling its planes at best, Saturday and Sunday carried 49,000 passengers on 75,000 for a regular weekend of March, up 65%.

Thousands of members of Unite, the first British trade union, launched the movement to midnight Friday, hours after a failed final attempt to reconcile the co-general secretary Tony Woodley of Unite and the Director General Company Willie Walsh.The conflict includes the company's decision to abolish the post of cabin crew on fifteen on the long-haul flights, and wage claims of employees. Unite has rejected a deal of 4 years, he said, returning to freeze wages until 2014.

At Heathrow, the world's first airport for international traffic, over 60% of long-haul but only 30% of short-and medium-haul should be provided on three days. At Gatwick, London's other airport, the traffic would be normal for the long haul, and operate at 50% for short and medium haul. Picket lines were in place Saturday morning in many UK airports.

The movement would resume next Saturday

Unite represents 12,000 members of cabin crew for British Airways instant payday loan .According to the union, early indications seemed to show that the movement was widely followed, although the direction of BA had threatened the strikers they remove a number of benefits gained.

British Airways seems better prepared than during the conflict in January 2007, when the strike had been canceled at the last minute. She claims to have found a thousand volunteers from among its cabin crew to fly up Monday and have it properly trained. Sixty other companies have agreed to take on their flights by British Airways customers. The move, which comes just a few weeks of parliamentary elections expected May 6, will last until Monday included initially.But he could resume next Saturday for four days, if no solution is found in the meantime.

After negotiations failed, the British Prime Minister Gordon Brown has missed a strike that is' in nobody's interest "and will" cause unacceptable inconvenience to passengers. " He called it "should be lifted immediately" and that union and management "to meet without delay." Co-Secretary Tony Woodley of Unite said he was disappointed that no agreement had been reached. For his part, Willie Walsh has appeared in a video posted on the site of his company and on YouTube, to say "deeply sorry" and call this day "terrible for the company." This move is embarrassing for the Labor government, Unite is the largest financial contributor of Labor.

The Tokyo Stock Exchange resumed its breath

March 19, 2010 - 5:46 am Comments Off

After gaining 1.12% on Wednesday following the announcement of the Bank of Japan to keep rates low, the Nikkei 225 closing displays a decline of 0.95% at 10,774 points. Regarding other areas, the results are mixed. Hong Kong gained 0.16% to 21,418 points, ahead of Taiwan 0.46% to 7883 points, Sydney rose 0.20% to 4863 points, Singapore climbed 0.16% to 2924 points. Conversely, Seoul lost 0.41% to 3538 points, Mumbai was down 0.14% at 17,464 points and Jakarta was down 0.28% at 2748 points.

Japanese carmaker Nissan (-0.78% to 768 yen) announced Thursday that it had retained its English site in Sunderland to assemble its new electric vehicle, the "Leaf", a decision that will keep 2250 jobs in Great Britain."The site of Sunderland reach a production capacity of 60,000 units per year," the company said in a statement, adding that production would begin early 2013 unsecured personal loans .The "Leaf" is the first public electric car that Nissan plans to launch late 2010 on the Japanese markets, U.S. and some European market, before a worldwide release scheduled for 2012.

Following the decision of OPEC (Organization of Petroleum Exporting Countries) to maintain its production quotas unchanged, crude prices falling Thursday in electronic trading in Asia, wiping out gains in New York, but remain at over $ 80.

In morning trading, a barrel of light sweet crude for April delivery yielded 27 cents to 82.66 dollars, while a barrel of Brent North Sea for May delivery retreated 37 cents to 81 $ 59.

Citigroup makes the banking sector to increase

March 12, 2010 - 5:46 am Comments Off

The Citigroup CEO Vikram Pandit is satisfied that the bank is "well positioned to return to sustained profitability." At an analyst meeting held on Thursday, the official also mentioned that the American state could sell the shares it holds in the group by one year, effective March 16 , when the state will be officially authorized to sell its shares .. 34% of capital.

On Thursday, Citigroup shares have risen again by 5.56% to 4.18 dollars. Since the beginning of the week, the securities have soared by almost 20%, pulling in their wake the whole banking sector on the rise on Wall Street.Witness the rise of the index values Bix U.S. bank, which was awarded 1.38% on Thursday on the Exchange of New York.

"The general feeling is that investors anticipate a step toward normalcy," said analysts at Briefing.com.

Citi expects 20 billion profit

End of 2009, Vikram Pandit had said that Citicorp, the bank portion of the assets comprising the most healthy and who make up the bulk of the company, had assets under management reaching approximately 1 payday advance . The completion of the transaction is expected during the next 12 months. Pending completion of the transaction, Merial and Intervet Schering-Plow continue to work independently.

The market for animal health has reached 19 billion dollars in 2008. Products for pets represent 40% of the market and 60% for animal production.The growth of this market should be about 5% per year during the next 5 years, supported by a growing demand for animal protein, and by the substantial need for care for pets.

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