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Capgemini specializes in consulting, IT services and outsourcing has published today its results for the first half of 2010, citing a "recovery confirmed the activity. Net income Group share reached EUR 101 million, up 29.5% over one year.

Its turnover amounted to 4.211 billion euros, a decline of 3.8% over the first half of 2009 (-6.1% at constant exchange). However, over the second half of 2009, there is an increase of 5.4% (1.8% at constant scope and exchange rates).

The operating margin fell by 0.8 points over the first half of last year, but operating income increased 19.8% to 200 million euros.

Order intake increased

Capgemini is optimistic on the outlook for the year, based on the increase in orders: they increase from 14% a year. Outsourcing has the highest increase (+37%).

"After a particularly rough year 2009, the group was armed to face an environment that was still difficult at the beginning of the year but he anticipated gradual improvement," says Capgemini.Its interim results "confirm the appropriateness of decisions and drive new orders validates the hypothesis that this improvement will continue in the second half, despite concerns that persist at the macro-economic and stock market volatility."

Capgemini table so the second half on a turnover growth of 3 to 5% (at constant scope and exchange rates) and an operating margin above 6.5% (against 6% to 6.5 % predicted in May).

A standard feature of life insurance quotes is a set of written terms and conditions which set out whether the policy being sought is a term policy or a permanent one.

The U.S. stock markets have evolved in the green Monday, with a peak at the end of the session. The major indices ended the session by sharp increase: the Dow Jones took 0.97% to 10,525.43 points, the Standard & Poor's 500 and Nasdaq 100 earn them, respectively, 1.12% to 1115.01 points and 1.19% in 2296, 43 points.

Investors have reacted to the publication of figures better than expected property: the new single-home sales in the U.S. rebounded more than expected in June, from 23.6% in May after hitting their lowest level at least since 1963, but remain extremely low, according to official figures released Monday in Washington.

On Friday, the NYSE had ended sharply higher, buoyed by another round of quarterly results from U.S. companies of good quality and were reassured on the results of resistance testing in European banks.The Dow Jones gained 0.99% and the Nasdaq 1.05%. On the whole last week, the Dow Jones gained 3.23% and the Nasdaq rose 4.15%.

On the foreign exchange market, the euro against the dollar adds. At the opening of U.S. markets, it was worth 1.2944 dollars against 1.2906 dollars on Friday night.

Oil prices retreated Monday in the opening exchanges in New York, yielding 86 cents a barrel to 78.12 dollars, while Tropical Storm Bonnie was eventually spared oil facilities in the Gulf of Mexico.

Busy Week Statistics

Another highlight, the U.S. central bank should publish its Beige Book Wednesday on the economic conditions.It will be very guarded while the president of the institution, Ben Bernanke said Wednesday before Congress the slow recovery, with no announcement of new funding in the economy.

On Tuesday, it is the Standard & Poor's / Case Schiller home prices and consumer confidence, which will be followed, before investors only look the next day on orders of durable goods. But it was the day Friday with the first estimate of gross domestic product (GDP) U.S. second quarter to be expected this week.This new burst of publications should be followed especially when investors are questioning again on the strength of the U.S. economic recovery.

Publications wait

U.S. companies are still likely to take stock in their accounts this week, including the program six companies forming part of the Dow Jones online payday advance. Tomorrow investors expect such figures CIT and Lockheed Martin and those sitting in the middle of DuPont.

FedEx rose 5.57% to 83.36 dollars while the group has raised its earnings forecast for the current year. The U.S. giant now aims Messaging earnings per share of between 1.05 and $ 1.25.

Genzyme flies from 7.77% to 65.38 dollars.The group would be the target of several pharmaceutical companies. Sanofi-aventis is about to blow, but Genzyme has rejected its takeover bid by Bloomberg, citing two sources familiar with the matter.

IBM: The European Commission has opened two investigations into the group. It suspects the group of computer abuse of dominant position on the markets for servers. The titles have changed to +0.02% 128.41 dollars.

Always on the side of values, General Electric (2.74% to U.S. $ 16.14) Friday said its increased dividend of 20%, the quarterly dividend from 10 cents to 12 cents. GE also announced a resumption of its share repurchase programs. He had stopped this practice in September 2008. The board gave its approval for an additional $ 11.6 billion."GE hopes to finish the year with $ 25 billion in cash, including proceeds from the sale of a majority stake in its subsidiary NBC Universal to Comcast" say the analysts at Aurel BGC. Some of this money will be used to buy three billion dollars in preferred shares that the group has sold to the holding company Berkshire Hathaway of Warren Buffett in October 2008.

Also note Friday night, the FDIC, the federal agency whose primary responsibility is to guarantee bank deposits, announced the bankruptcy of six new American banks, bringing to 102 the number of closing establishments since the beginning of year.These six failures will cost about 394 million dollars to its compensation fund the FDIC.

Note that the British press suggests a departure from the CEO of BP, before tomorrow, the date of publication of interim results of the oil giant.

After their fine up yesterday, the U.S. equity market should be cautious Friday. The index futures are predicting a slightly higher opening of U.S. markets. Future Standard & Poor's 500 and Nasdaq 100 advancing in effect respectively by 0.36% to 1091.60 points and 0.43% to 1960.10 points. On Thursday, the New York Stock Exchange ended sharply higher, boosted by another round of results in good order. At the close, the Dow Jones gained 1.99% to 10,322.30 points and the Nasdaq 2.68% to 2245.89 points. For its part, the S & P has won 2.25% to 1093.67 points.

On the foreign exchange market, the euro off again on the rise against the dollar in the morning, after the publication of a German Ifo barometer jumped in July, but remained confined to below $ 1.30.The euro was at 1.2956 dollars against 1.2886 dollars late on the eve of the day.

On the macroeconomic front, the session looks very calm. No major indicator is expected in the United States. Wall Street should have their eyes on Europe. Operators should indeed play the card of caution before publication in the evening the results of resistance tests 91plus major European banks.

From the values listed, investors will react to another round of results published the day after the close of Wall Street.

The U.S. computer giant Microsoft seems to have turned the page on the economic crisis with a quarterly profit up 48% year on year, better than expected, more than 4.5 billion dollars.Over the year, net income climbed to 18.760 billion, up 29%, and sales to nearly $ 62.5 billion, up 7%.

Always on the side of values, the Internet retailer Amazon has posted Thursday a net profit increase of over 45% in the second quarter but below expectations. In after-hours electronic trade, the share lost more than 13.5%.

The credit card issuer American Express American issued Thursday a net income group share increased by 3 over one year to over $ 1 billion in the second quarter. The group was encouraged by the recovery of expenses of its customers and lower defaults on credit cards.

Note also the flash memory maker SanDisk has announced a quarterly benefit of $ 257.9 million slightly exceeded expectations.The turnover was 1.18 billion over the quarter against 730 million last year. "The U.S. market is recovering quickly (27%) and becomes profitable, but significant uncertainties remain safe with the new law on the distribution of consumer credit" note the experts at Aurel BGC. The group remains very cautious on the outlook for activity in the United States.

Accor train just keeps on getting shorter. Just days after it formally separated from his service branch, and renamed Edenred publicly traded hotel group Accor has formalized its withdrawal on Wednesday its subsidiary Compagnie des Wagons-Lits (CWL).

The project had been discussed in our columns, before being denied by Accor. Its position has obviously changed since then. The group sells for an undisclosed fee, 60% of the catering on board trains CWL Newrest its competitor, based in Toulouse. From January 2013, the French group will assign the remaining 40%, for an amount which depends on the valuation of the company at this time.

Last year, Compagnie des Wagons-Lits has achieved a turnover of 248 million euros and operating profit (EBIT) of EUR 3 million. In late 2009, the CWL has lost a major contract in Spain.The impact on turnover in the first quarter of 2010 represents a shortfall of 40 million euros, says it Accor, stressing that the CWL has instead awarded the contract for the TGV East March 7 last. A year earlier she had lost the tender for the provision of bar cars off the TGV North-East.

Other possible assignments

Present within the Accor Group since 1992, the Company has lost its former glory. Founded in 1872 by Belgian Georges Nagelmackers, who built the first sleeping cars and dining cars before embarking on the Orient Express and the Trans-Siberian railway, it has diversified into the hotel chains with Pullman, Etap- Hotel and Arcade (now in the lap of Accor) and in the service on board trains. The latter is now the only one of the Company.Over the past year, the Pullman Orient Express is indeed operated by the SNCF ….

Newrest, the new owner of Compagnie des Wagons-Lits, himself is present in the food on board aircraft, the catering, the basics of life for the oil industry and mining, VIP lounges at airports .. . Last year, its turnover reached 407 million euros. "This joint venture represents a unique opportunity to expand into the catering market on trains and expand into new countries such as Austria and Italy," says one in Newrest. For Accor, which is defined as the first global hotel operator, "This transaction is part of its policy of focusing on his heart craft." This does not preclude other interruptions.Draft assignment of Sofitel and Motel 6 chains have been mentioned by analysts of the market … and denials by the management of Accor.

This Wednesday should be placed under the sign of the decline in Paris at the opening, according to the indices that predict a future decline of 1.2% in early trade, and while the CAC 40 seems to resist breathlessness on ambient exchanges.

The leading index has managed to maintain the 3,700 points on Tuesday evening, but the threshold should not take from the gong.

In Europe, stock markets have made concessions on Tuesday after nine sessions chained up on. Announcing the easing of exchange rate policy of China, made Saturday, had pushed world stock markets Monday. The first steps in this direction have been given yesterday and Wednesday, with two cuts in a row the central rate against the dollar. But in exchange, the effect was short-lived. And on Wall Street, poor statistics on the front of the immmobilier has cast a chill on the market.So, this morning, the main financial centers of the Asia-Pacific are following suit.

At around 7:30 on Wednesday, the euro is at equilibrium after fell Tuesday. This rating 1.2270 dollar.

Economic News Authority

In France, the business climate in the French manufacturing industry fell slightly in June, according to the business survey released Wednesday by the INSEE. The synthetic indicator has lost two points to 95, its first decline since February, when economists on average expected stability.

At noon, the Court of Auditors present its report on the situation and prospects of public finances.

In Germany, the GfK consumer barometer, always watched closely, will be visible at 8:10.

In the euro area, the first estimate of the PMI will be unveiled at 10:00.

And the United States, 16 hours, will be made public promises of home sales for the month of May, after a bad real estate statistics published in the ninth Tuesday: – 2.2% in volume last month, to 5.66 million units annualized.

The traditional weekly crude inventories will be available at 16:30.

Finally, this evening after 20 hours, the Monetary Policy Committee of the Fed will issue its statement.Highly regarded by investors, note any change in the discourse of the Federal Reserve.

The rate strategists believe that Societe Generale U.S. Federal Reserve will raise its rates faster and stronger than expected by the market and call for caution on U.S. government bonds.

Societe Generale wants to Kerviel lost 4.9 billion

Societe Generale will call Wednesday Kerviel just 4.9 billion euros in damages, a record amount corresponding to the loss she attributes to "fraud" of its former trader. Yesterday, the former CEO of Societe Generale, Daniel Bouton, has admitted "failures in the control of the bank during his testimony before the Tribunal of Paris.

L'Oreal Paul Bulcke, Nestlé CEO, said in an interview with Reuters that his group had no plans to change the status quo in the capital of the world's number one cosmetics line with the Pact of shareholders that binds to the Bettencourt family.

Alstom Alstom and Areva does not want to marry with Areva. "To dance the tango, it takes two. Areva does not really want to dance. We no longer so eager to dance ourselves, "Patrick said Tuesday Kron, Alstom's Chairman, at the general meeting of shareholders.

Total Total and oil stocks are worthy of attention.The International Atomic Energy Agency (IEA) publishes 10:30 prospects of markets for oil and gas.

ArcelorMittal the world's number one steel company, announced Tuesday that the apparent demand and actual demand for steel would remain positive in the second half of the year, even if they should show a slowdown during this period. Lakshmi Mittal, the CEO that the slowdown in demand was due to seasonal reasons. The boss also said he did not think the steel industry return to its pre-crisis level until 2012.

EADS Airbus forecasts a near-doubling of its production of A320 aircraft in China, 48 aircraft in 2012, said Zhao Haishan, an official of the manufacturer in Tianjin in the north, was quoted by the Xinhua News Agency .

The group Vivendi has denied an Indian newspaper Economic Information Times that he is in talks with Reliance Communications to take a 26% in the second mobile operator in India. [

Insurance Axa, CNP, Scor … : Values of insurance will also be regarded as the French Federation of Insurance Companies (FFSA) releases on the market situation and its prospects.

Banks The banking sector remains to be monitored throughout the session. On Tuesday, he suffered a spate of bad news.In addition to degradation of the note in the long-term debt, BNP Paribas, Credit Agricole said the cost of risk on its Greek subsidiary Emporiki would weigh 450 million euros more than expected. The BNP Paribas has yielded 1.92% and that of Crédit Agricole SA 4.69%.

Discussions on a tax credit and tighter prudential rules also weighed.

The Renault-Nissan automaker Nissan CEO Carlos Ghosn, said he received 890 million yen (8 million euros at current exchange rates) for 2009-2010, making him one of best paid bosses in Japan. Carlos Ghosn made the announcement at the annual general meeting of shareholders of the Japanese group, held Wednesday in Yokohama (Tokyo area).This does not include fees paid 1.24 million euros in 2009 he has received as CEO of the automaker Renault, Nissan's largest shareholder with 45.7% of the securities.

Peugeot Peugeot Italy said Tuesday it has signed an agreement with Sorgenia first private operator in the Italian electricity market created and controlled by Rodolfo De Benedetti, for the launch of its Ion Electric Vehicle in Italy.

France Telecom, the company announced Tuesday it would invest about 515 million euros over the next five years in its network in Switzerland a few weeks after abandoning its planned merger with Sunrise, blocked by the competition authority of the country .

Nexity Group has announced the launch of its buyback program of up to 4.5% of its share capital, which will be followed by cancellation of shares they have acquired as well.This operation is designed to optimize the management of the group's balance sheet.

If it does not take the bull by the horns, Japan will end as Greece. The policy speech delivered yesterday by the new Prime Minister, Naoto Kan, before Parliament is clearly intended to create a shock.

"Like the problems in the euro area caused by Greece, there is a risk of collapse if we do nothing against the rising public debt and consequently lose the confidence of bond markets," Has he said. Japan's debt exceeds 200% because of GDP (gross domestic product) and threatens to reach 246% in 2014, according to the IMF.

In reality, there is no chance that the archipelago is found in the situation in Athens, since this debt is 95% owned by Nippon investors and long-term rates remain very low, but feared the reaction of Tokyo rating agencies.Last January, Standard and Poor's downgraded the rating of its long-term debt from "stable" to "negative".

Naoto Kan, who can count on the support of 61.5% of the population, according to a poll conducted Wednesday, draws a line over ten years of economic policy that has led the country to choke.

He wants to go fast and run a complete overhaul of the tax system by initiating a national debate beyond partisan barriers "to ensure the support of the opposition. The economic recovery of the archipelago, with an annualized growth of 5% in the first quarter, giving him the means.

Deflationary

But this reform is likely to be painful because it requires an increase in VAT, currently at 5%, one of the lowest in developed countries. Can not kill it in the bud the recovery of consumer confidence recorded in five months? "I do not think so.The VAT could double, but that should not weigh. When households are too indebted state, they are slowing their purchases. If they have a visibility they consume more, "said one investment banker in Tokyo. He added that such measures can help break the spiral of deflation, which, "by dint expect further declines in prices affects consumption."

The government, which wants to reduce unnecessary government spending, is preparing in parallel to reduce the corporate tax, which at 40%, is one of the highest of OECD countries. This would allow companies to offer cheaper products, thereby reducing the impact of the tax increase on consumption.

"It's courageous," says a French financial analyst living in Japan.And Naoto Kan, for once, can rely with confidence on the new Minister of Finance, Yoshihiko Noda, firm believer in fiscal discipline.

Only downside, the prime minister can not deny the social promises made during the campaign of his party. But they are expensive. The only allowance for children continuing their studies, launched in the spring and intended to fight against the declining birth rate, represents 45 billion euros per year. And the Minister of Social Affairs, Akira Nagatsuma suggests it could take another form as a cash payment to families. But "when we preach the rigor of educational way, the Japanese understand perfectly," decide the investment banker, who took the gamble that the revolution Kan prevail.

Washington wants to reduce public expenditure

Barack Obama on Tuesday gave members of his Cabinet until Sept. 13 so they identify reductions of 5% of funds in their agencies and departments. That extra effort the White House to reduce spending in response to American concerns before the expected surge in debt to Uncle Sam more than 100% of GDP in 2012. However, the actual impact of this initiative looks marginal. It will only result in recommendations to Congress may be accepted for fiscal year 2012, not before. In addition, over 60% of federal spending by definition beyond these potential restrictions. These expenses called "automatic" which include debt service, expenses of the pension plan and those of public health systems.

In February, Bush has already requested a freeze for three years (after inflation) of many public spending "not automatic". But the categories have been added untouchable military spending, those relating to civilian security and international aid. But the Pentagon budget alone is $ 700 billion, or half of total discretionary spending. Moreover, the Congress, including Republicans, routinely refuses the few savings proposed by the White House in weapons programs. In point lead Barack Obama now threatening to veto the budget law drafted for the Pentagon by Congress.

Moscow is 20% of staff within

The ad has a taste for rigor, but it is not formally rigorous.Russian President Dmitry Medvedev on Tuesday ordered his administration to make proposals to reduce by 20% the number of officials in the country. "It is obviously, a far too severe, which can not be made mechanically or on the basis of purely financial criteria. We are talking about the fate of people, "said the head of the Kremlin, which gave no further details. Already last week, during a cabinet meeting, Finance Minister Alexei Kudrin had discussed such a proposal would lead to the removal of 120 Guaranteed pay day loans.000 positions and would save 43 billion rubles (1.13 billion euros). In contrast, half of this allocation would serve to increase the salaries of other cadres of the public.Despite the beginnings of the European crisis that could hit Russia, the government continues to boast its program of social spending that benefits particularly to retirees. In the past, such cost-saving measures have already been proposed, without being acted upon.

Germany on the wagon

Monday is a detailed history of savings – 80 billion euros by 2014 – announced by German Chancellor Angela Merkel. In order of priority expenditures of the federal government. Number of allocations will be scaled down and almost 15,000 jobs disappear in the civil service by 2014.The removal of 40,000 soldiers in the Bundeswehr is also under consideration.

New sections in Hungary

After his rescue in late 2008 by the IMF, the World Bank and the European Union, Hungary had announced an initial dose of austerity with a wage freeze for two years in the public and the removal of the 13th month for pensioners. Prime Minister Viktor Orban on Tuesday a detailed budget which provides, in addition to creating a financial tax, further cuts in public spending to the tune of 425 million euros. The revenue cap leaders and the public is considered a strict examination of spending to purchase a car or phone service.

Elsewhere in Europe

It is not good to be official now in Europe.Down 5-15% of wages in Ireland, abolition of 13th and 14th month and down 7% in Greece pensions, freeze wages and non-replacement of a staff of two in Portugal, wage freeze in Italy, Spain, hiring freeze in Great Britain … Besides the cuts in operating expenses that are spreading.

Malta takes a very dim view of the opening of the French market paris online and does everything to slow the process. This is the poker from the first to pay the price. Indeed, the opening to competition of the French market of online poker is postponed for one month, until late June because of an obstruction of Malta under EU rules, said the Agency France Presse (AFP) the entourage of the Department of Budget and confirming information site Challenges.fr

"We can not publish the implementation decree (for poker online) before June 28 It postponed a month because we are forced Malta, "says one with services Françoise Baroin.

A French law "relating to the introduction of competition and industry regulation of gambling and online gambling" was promulgated on May 13, followed by a dozen decrees.This legislation relates to sports paris, the paris horse and poker.

The Regulatory Authority online games (Arjel) should issue next Tuesday fifteen licenses to operators of online games, especially in order to start the paris during the FIFA World Cup (June 11-July 11 ).

Problem European procedure

The government had sent there over a year to the European Commission's draft legislation on online gaming, then notified Brussels implementing decrees, said the Budget Ministry. "Member States (EU) had three months to make their comments and Malta has chosen to do May 27", ie the last moment. France is obliged to meet in Brussels and Malta before issuing his decree. Paris now has one month to respond.

Malta, already established on the market for online games, contests a provision of the French law requiring players to register with an approved operator. This is contrary to the EU principle of free movement of persons and property.

"There is no problem on the merits. It is simply a procedural problem in Europe, as it has been commented at Bercy, stating that the grant Arjel as planned on Tuesday for its amenities paris sports, horse and poker. For the latter, many traders will await publication of the decree in late June. Still, the situation is embarrassing for the operators. Bwin, Unibet and Unibet already offer online poker. And waiting for regulatory approval to regularize their situation.

The banks have apparently not learned the lessons he's passed. While the crisis has raised among investors need for transparency and simplicity in marketing financial products, Madeleine Guidoni, mediator of the MFA, criticizes them in his 2009 report published on May 28 last, having taken their bad habits: those not well enough informed their clients about their content that sells the Fund or market products that are too complex and not meet the expectations of their customers. What about the first five months of the year 2010? "We see no obvious improvement vis-à-vis the general public," she says. The marketing of financial products was the main (67%) claim of investors in 2009, in mediations.This is why at the end of April, a common pole with the supervisory authority was created "to strengthen the control of the marketing of financial products," stated the AMF said in a statement in May last. Called Insurance Savings Bank-Info Service, will come in three forms: a website, a helpline and a mailing address that will be implemented "in the month of June," says one to the AMF.

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After a long weekend of three days, U.S. stocks ended the session sharply downward after Abor open in bright red, then climbed into the green after two good U.S. indicators.

In the end, the Dow Jones folds of 113 points (-1.14%) to 10,023 points, the Nasdaq drops 1.54% and the S & P lost 18 points to 1070 points (-1.7%). Oil, too, ended down sharply on 72.7 dollars a barrel, weighed down by a series of disappointing economic indicators in Europe and China, bad news for energy demand.

On the energy side, the sector suffers greatly (-4.3% for the sector index) of the state of BP (-14.97% to 36.52 dollars), which fails to control the flow of oil 's escapes into the waters of the Gulf of Mexico since April 20.Titles BP have lost more than 13% at the London Stock Exchange on Tuesday and 40% since the explosion of the platform.

The United States has opened a criminal investigation and civil and criminal cases to shed light on the oil slick in the Gulf of Mexico caused by the explosion of a platform operated by BP, said Tuesday the U.S. Department of Justice.

Two good stastitiques U.S.

The increased activity in the manufacturing sector in the United States has slowed slightly in May, the ISM index fell to 59.7 with measuring, according to figures released Tuesday by the association. But his pace, however, exceeded expectations and the industry and displays its tenth consecutive month of growth.

Moreover, construction spending in the U.S. jumped 2.7% in April, according to official figures released Tuesday in Washington, showing up much more than expected by analysts.Economists on average had forecast an unchanged rate of expenditure after the decline of 0.3% originally announced for March.

June catastrophic better after May

Yesterday, the NYSE was closed for Memorial Day. Friday, after falling heavily in meeting Wall Street had ended the week around the equilibrium. The Dow Jones had lost up to 3% in session after the announcement of the lowering of the Spanish debt rating by rating agency Fitch has finally yielded 0.23% at closing.

The month of June begins on a note strongly negative, while the month of May had already been disastrous for U.S. and European financial centers.

The euro hit a four-year low

On the foreign exchange market, the euro is down sharply.The euro fell Tuesday to 1.2115 dollars in morning, its lowest level in more than four years against the greenback.

The currency was dragged down by a report suggesting the ECB further write-downs for banks in the euro area. According to the ECB, the need for reserves of banks in the euro area to cover potential losses amounted to 90 billion extra in 2010 and 105 billion in 2011. After dropping Friday, the euro had rebounded Monday above $ 1.23.

Prudential pressure

On the side of values, the U.S. insurer AIG (-3.19% to 34.25 dollars) on Tuesday sent a procedural bar to his British rival Prudential, which claimed to be lowered from 14% the price of selling its Asian subsidiary AIA, which could derail the transaction record in the history of insurance.

Also note, the aircraft manufacturer Boeing Co. (-1.92% to 62.95 U.S. dollars) has won a tender to provide civilian aircraft to Russian conglomerate Rostekhnologuiï facing the European Airbus and United Aircraft Corporation Russian UAC.

Among the largest declines in the Dow, Alcoa is the red lantern, with a decline of 3.87% to 11.2 dollars, then comes JPMorgan Chase, which fell 2.63% to 28.54 dollars.

Only six values are listed in the green, including Kraft Foods (+1.05% to 28.9 dollars), more strongly, and Wal Mart (0.71% to 50.92 dollars).

General Motors has for its part announced its intention to invest $ 385 million in Brazil in the renovation of its existing production units. The U.S. company plans to renew the production line of a factory that manufactures Classic, Corsa and Vectra in Sao Paulo.