Archive for the ‘online’ Category

Refineries: The CGT wants a national strike

March 10, 2010 - 9:34 pm Comments Off

The SGC of the oil industry, the majority, urged employees of the 13 refineries in the French strike Thursday, April 15, when a national roundtable on the future of refining in France, the union said in a statement Wednesday.

The union claims a "refining industry to serve the economic needs and the country's social and employment areas.

The panel of 15 April under the aegis of government, was obtained during the strike a week for employees of Total's refining industry in late February.

The Total Group announced Monday the end of its refining operations in Dunkirk, one of its six refineries in France, while maintaining the 370 jobs at the site through industrial restructuring, considered insufficient by the employees.

On Tuesday, employees of the refinery had planned to launch a new appeal for solidarity from other refineries in France group.

Total number of unions are to meet Thursday to take a common position.

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Arkema falls into the red in 2009

March 4, 2010 - 11:22 am Comments Off

The year 2009 was not that of chemistry as shown in the results of the Arkema Group, published on Thursday. The group announced a net loss of 172 million euros, against a profit of 100 million euros in 2008. The turnover has shrunk from 21.1% to 4.44 billion euros for an operating margin of 7%, against 8.8% in 2008.

The group saw its three channels suffer because of weak demand and reduced inventories at its customers. The vinyl products business recorded a decline in its sales to 1 billion euros against 1.443 billion a year earlier. The industrial cluster Chemistry reaping 2.109 billion euros against 2.582 billion revenue in 2008 cash advance to savings account .Finally, the last part, performance products has achieved a turnover of 1.318 billion against 1.602 billion a year ago.

In 2010, Arkema expects a "significant increase" in sales and its gross operating profit (EBITDA), which stood at 310 million euros for 2009 (-37.8%). He adds that "standard conditions", Arkema is an operating margin "greater than 13.5%" in 2014.

In early September, Arkema, a former subsidiary of Total, announced the arrest of a production line in Saint-Auban (Alpes-de-Haute-Provence) with the elimination of 88 positions.

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"Arkema will eliminate 240 jobs

191 309 separations amicably in 2009

February 3, 2010 - 2:16 am Comments Off

The device of "breaking conventional" – that allows an employer and his employee to terminate a permanent contract by mutual agreement, limiting litigation and providing access to unemployment benefits – has confirmed its success in 2009. For the full year, the first full implementation since its entry into force in August 2008, 191 309 amicable separations were approved by the Department of Labor. This represents nearly 8% of ILC failures recorded in 2009. "This system has put an end to hypocrisy that was to dress up as desired redundancies departures by both parties for the sole purpose of enabling the employee to receive unemployment insurance, welcomes it does in the entourage Xavier Darcos, Minister of Labor. He is entered in the customs and found its stride. "Either 20 000 applications, more or less approved by months.

"If we better secure the release of the company to an employee by guaranteeing a minimum benefit equal to redundancy pay, that's something," says Marcel Grignard, number 2 of the CFDT, the one of four unions to have invented the employers with the device in January 2008.

The refusal rate (records released by the administration in particular for non-compliance with statutory time limits) reached 13% in 2009 and that of inadmissibility (for incomplete), 3%. Two proportions in sharp decline over the year, indicating a greater ownership of the device by the Department of Human Resources. Some companies however are still aligned for their applications because of "social disguise" – a true social costs more than adding individual separations. It's mishap occurred in December to IBM online payday advance .The direction of the work of the Hauts-de-Seine has refused registration of 12 cases in the month. According to Jean-Michel Daire, CFDT delegate the administration would still accept applications in February reformulated by the group.

"It does not attend mass flow diversion" into perspective does one Department of Labor, which has yet sent in March 2009 a serious warning to its officials. They were advised to be "vigilant breaks conventional concluded in order to circumvent the safeguards of redundancies and collective."

Strong rise in entries to employment center

Virginie Devos, a lawyer in employment law in August & Debouzy, confirms: "Some enterprises are abusing the conventional break knowing they are likely to overturn." But others are more reluctant to use them."Some employers do not want to sign a treaty breaks because they fear a ripple effect among their employees more and more people want to benefit and reluctant to resign," says she.

Latest Trend: More and more employees enroll in employment center after signing a separation amicably. They have been 128 696 in 2009 to cross the gates of the former ANPE, or 67% of recipients of rupture. A steadily rising level which was close to 80% in December. This implies that, despite the crisis, employees are increasingly likely to take the gamble to leave the company immediately without having another job.

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Kraft and Cadbury would be granted

January 19, 2010 - 12:33 pm Comments Off

The time of discord between Cadbury and Kraft Foods U.S. suitor would be gone. The BBC and The Wall Street Journal reported yesterday that even the banns could be published on Tuesday. An agreement had indeed been found between the two groups on the basis of an offer revalorized Kraft Foods.

The amount of this new proposal to be about 19 billion dollars, according to the U.S. economic daily, citing sources familiar with the matter. The British radio advance estimates of the same order.It expects an offer increased to 850 pence per share, at most, on the recovery of Cadbury at 11.7 billion pounds, or 13.3 billion euros, equivalent to 19.148 billion dollars at current exchange rates of one euro to 1.4397 dollars.

Based on closing prices Friday, the previous offer of Kraft, open until February 2, Cadbury valued at 10.5 billion pounds, about 12 billion euros or 17.2 billion dollars. Kraft Foods has finally decided to upgrade its offer in response to rumors of interest from the U.S. confectioner Hershey. British law gave him until Tuesday, January 19 to change the amount of its proposal.

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United States: bad month of October for indicators of real estate

November 18, 2009 - 5:58 pm Comments Off

Surprises in the U.S., with two worrying statistics published in the real estate sector and make future dive on Wall Street. This sector is a particular followed by analysts, real estate is at the root of the crisis and each data is scrutinized.

To begin, starts of new homes fell 10.6% in October compared to September. They settle well to 529,000 annual rate, while analysts had forecast 600,000. Housing starts for September were revised to 592,000 against 590,000 in the first estimate. The key indicator to its lowest level since April, when he hit a record low.

Second blow, the building permit for their share fell 4% last month, to 552,000 units annualized, where analysts expected an increase, to 580,000.Compared to the same period last year, building permits fell by 24.3% and housing starts of 30.7%.

The Paris Bourse wait until the numbers of U.S. jobs

November 6, 2009 - 5:52 pm Comments Off

Stable at the opening, the CAC 40 has changed very little throughout the morning. ACC clings to the bar 3700 points ironed Thursday. At 13 hours, it appears to 3706 points (-0.06%). All eyes of investors have turned on the numbers of U.S. jobs that will be communicated to 14:30.

Thursday, stock markets worldwide have been well oriented due to figures released by the U.S. Department of Labor Productivity in the country.

In addition to the monthly report on employment in the United States, markets are also watching puvblication wholesale inventories in September.

Values follow

Lafarge is attacked (-4.5%). The French group has released financial results Friday down sharply in the third quarter. Net income is recorded down 38% year on year to 404 million euros while sales fell 20% to 4.25 billion euros.These results were slightly below analyst expectations.

L'Oreal is sanctioned (-1.46%) after the publication of a revenue deemed disappointing. For its part CapGemini is still undergoing clearances (-2.49%). Several brokers have changed their views following the quarterly judged below investor expectations.

Conversely, Hermes International stands (2.30%). The luxury group has for its part issued Friday sales up 5% at constant rates in the third quarter, to 452.1 million euros. The group said its goal of stable sales in 2009 could be exceeded if the trend continues this year.

Values M6 (6.41%) at the highest for two years and TF1 (4.23%) were also searched.The audiovisual group M6 has exceeded expectations by recording a marked improvement in advertising revenue chain and strong growth of its business diversification. In particular, M6 was confirmed as the month of September showed the first signs of an improving advertising market with stronger demand from advertisers in some sectors the consumer in particular.

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"Quarterly results: a signal to invest? Ask your questions!