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Hermes is Monday night in Paris the first general meeting of shareholders since its entry in October 2010, the capital of LVMH (with 20% today). The heirs, who hold 72% stake, hoping to get the green light in September the Court of Appeal of Paris to their proposed freezing holding a majority of shares, to defend against a raid by Bernard Arnault. Bertrand Puech, president of Émile Hermès family (sole general partner of the listed company Hermes International), a member of the fifth generation of heirs, is against the proliferation of litigation against the project, including those of the Association for the Defence of Minority Shareholders chaired by Colette Neuville.

LE FIGARO. – What will you announce to the general meeting of Hermes on Monday night?

Bertrand Puech.- We will announce, as we know already that 2010 was one of the finest, if not the best year, Hermes has lived for 174 years. The results were extraordinary in an economic context that was not favorable. This allows us to pay a dividend of 1.50 euro increased significantly compared to normal.

LVMH will he represented and he can enjoy his voting rights? Are you afraid of possible obstructions of the meeting?

The shareholders are all invited. LVMH said it would. He always said, if his friendship, in any case his pacifism. I am not chairman of the meeting but things should happen normally, as usual.

What do you think of recent legal actions taken by minority shareholders against the proposed family holding Hermes?

I do not understand.It's very sad and painful for members of a family committed to an ethic of openness and honesty for generations to be scratched before the courts, then we're just defending the values ​​of quality. You should know that Ms. Neuville is a minority shareholder, who owns a single share, which represents only herself. She can not speak for the association which is not approved by the AMF. And it is wrong to fight. If she wanted to play a role in defense of minority, why does she not be interested in the fact that one shareholder said suddenly have 17% of our capital, purchased since 2008 without making it to the markets? I think she has given way to a big bad wolf.

The U.S. stock market return in the green Wednesday. After a cautious start, the Dow Jones up 0.44% at 12,434 points, the Nasdaq climbed 1.03% to 2812 points and the S & P advance of 0.66% to 1338 points.

The indexes have regained upward shift after the publication of the conclusions of the meeting of the Monetary Policy Committee of the Fed in April. Participants spoke at length about inflation that has plagued the country prior to deduce that it was only "temporary." They also confirmed that interest rates would remain low until at least late June.

One solution is looming for Greece

Furthermore, advances in the Greek case are relieved. The option of rescheduling the debt held by creditors Hellenic both public and private, has gained momentum Tuesday in Europe, given the difficulties the country out of crisis.If Greece is making efforts, "we will see if it is possible to have a smooth restructuring of the Greek debt, has said the leader of the finance ministers of the eurozone, Jean-Claude Juncker. Restructuring "soft" requires longer periods for repayment and possibly lower interest rates.

On the foreign exchange market, the euro fell slightly against the dollar at 1.4222 dollars against 1.4234 dollars late Tuesday. For their part, oil prices recorded a sharp rebound on Wednesday in New York, a barrel of benchmark win $ 3.19 to 100.10 dollars. U.S. inventories of crude oil fell against all odds last week, said Wednesday the U.S. Agency for Energy Information (EIA). Crude inventories were down 15,000 barrels to 370.31 million. Economists on average had expected an increase of one million barrels.Gasoline inventories rose much less than expected, rising by 119,000 barrels to 205.94 million, against an estimate of an increase of 800,000.

Staples plummet, Dell flies

The side of values, the number two U.S. computer, Dell (5 online payday loan lenders.72% to 16.81 dollars) on Tuesday after the close of Wall Street net profit more than doubled and exceeded expectations for its first quarter of year 2011/12 to $ 945 million, but with a disappointing sales, up only 1%.

For its part, Intel (1.19% to 23.83 dollars) has denied rumors that it could produce chips for mobile phones using technology from its competitor ARM.Intel has also maintained a growth forecast of just over 10% for sales of PC processors.

The group office supplies Staples (-14.54% to 16.80 dollars) has reported a quarterly profit below expectations due to rising costs and falling demand in a recovery economically fragile. Net income amounted to $ 198.2 million or 28 cents per share, against 188.8 million or 26 cents per share a year earlier. Analysts on average expected a profit of 32 cents per share. Turnover increased by 2% to 6.17 billion.

Skyworks Solutions (3.38% to 27.54 dollars) has announced the acquisition of SiGe Semiconductor for $ 210 million in cash, which will add 65 million additional cases of achievement.

The shareholders of JPMorgan Chase (-0.41% to 43.63 U.S. dollars) on Tuesday accused the U.S. bank of negligence in the proceedings of foreclosures and the change in loans to troubled borrowers, particularly in relation to ethnic minorities.

Russian oil giant Rosneft said on Wednesday it had received new proposals for cooperation on the part of BP (-0.28% to $ 7), after the failure this week of their proposed strategic alliance to explore the Arctic .

Please note that LinkedIn, a site of exchange of curriculum vitae, announced Tuesday that the actions it intends to market, perhaps as early as Thursday, would be made at prices not between 32 and 35 dollars, as he had announced a week ago, but almost 30% higher, between 42 and 45 dollars for a maximum value approaching 3 but not 4 billion.

Have a green thumb is not enough. Owning a terrace in town is for many urbanites, a dream has a price. According to a study by Ipsos for the National Union of Entrepreneurs of the landscape, three out of five would be willing to spend more to afford private green space. Remains to be seen how much. A well-enriched with a terrace implies a premium, hard to assess. Beautiful garden and terrace have to be considered as the second living area's largest home after the show, the price of an apartment is calculated based on its inner surface.

"The land can not be accounted for under the Carrez law, gets carried away Vitu Henry Benedict, the founder, twelve years ago, the first agency thematic, Terrace and Garden.Refer a weighting in the estimation of a property with a terrace is unfair … "Some agencies identify three areas: that of the apartment in" square ", that of the terrace, and a third," living ", taking into account some of the terrace. Difficult to navigate.

Exclusive possession

Only a comprehensive evaluation enables real estate professionals to refine their estimates based on a bunch of criteria. A terrace is primarily an outdoor area at above the apartment below. Then, all things considered: environment, vis-à-vis, exposure, accessibility (terrace is worth more than single storey pitched after a spiral staircase). The ratio of area outdoor / indoor is also important.Other criteria, its legal description: mostly as a party town but exclusive enjoyment.

"Everything depends on the use of the terrace," says Peter Bazaille me, notary. Must be able to set up a table and chairs … "How to give a price for this outdoor space? "On a terrace of 10 m2, 2 m2 can be added to calculate the price of an apartment of 70 m2. On a terrace of 20 m2 usable, to be weighed 8 m2 the price of an apartment that would make 100, "he says payday advance. At a recent expertise of an apartment of 80 m2 top floor, with views across Lyon and hanging garden of 50 m2, Pierre Bazaille suggested, however, add to half the size of this urban paradise prices sale."The greening of the place is also part of the estimate of a property, says Henry Benedict Vitu, but it is undeveloped, it is better to give carte blanche to the purchaser." The garden staging, home staging declined would therefore be handled with care.

"Home Green Home"

The owner of a heavenly "home green home" will indeed be delighted to arrange their favorite plants, recommended more often by a landscaper. And guided by the condominium rules that can sometimes prevent some species, such as invasive bamboos. Enhance this green bought at the price of gold is more or less, depending on materials. "The cost per square meter to 250 € in authentic Parisian cobblestones, but at 50 € pebble, note, for example, Pierre Alexandre Risser, renowned landscape.A tray can range from 15 €, plastic, 400 € clay. "In addition to traditional services, he suggested, 200 €, available for" makeovers "decking line. Tips to enlarge the existing smaller spaces. Christophe Courtois and overhung the terrace of a giant mirror, which reflected plants and clouds. From a lead roof bristling with chimneys, Hugh Peuvergne made him a Provencal garden with green oak, cypress, olive Bohemian and wisteria. At the heart of the tenth district, he raises at the end of a terrace of 8 m2, a forest cabin facade. And imagined, on top of a building of the sixteenth Haussmann, a roof terrace of 120 m², with cabin, swing, sandbox and generous dining area. Making sure to leave between the trees, a "track" for Children transferred to a tricycle.

Upstream, Steve Rosenblum said that the policy of the company "has always been to work in harmony with vendors trying to promote all of their product lines. Our suppliers are our partners. Today, worldwide distribution and electronics or computer vendors can make or break retailers.

A new application

Recently, Pixmania has launched a new shopping application common online with partner Leetchi.com in order to offer gifts through Facebook. The principle is to create a pool with several, each of which may pay the sum of its choice, the beneficiary then purchases on Pixmania with the money received. "When they communicate with each other, with friends or family, our customers are mainly on social networks such as Facebook.It was obvious to us to make the link between the application of social network and e-commerce site that wants easy access to and usable by the greatest number, "said Steve Rosenblum.

Anxious to maintain a good reputation on the Web, Pixmania has a pole of a dozen people who monitor the forums and answer questions from consumers, including when they encounter a problem. With this dedicated team, Pixmania has been awarded three months ago E-Marketing Award for Best Community Strategy. Marketing side, a team of a hundred people keeps track of customer information, "to better understand their needs and provide them with appropriate solutions, not too often, but certainly relevant and timely .

Reversal. After steady growth for at least fifteen years, and accérélée the early 2000s to offset the effects of 35 hours, the number of public hospitals have stabilized in 2008 (-0.06%). And for the first time they fell in 2009 -9800 full-time equivalent positions, according to official statistics and final unveiled this morning by The Daily of the physician.

This figure represents less than 1.3% of total hospital staff, which is almost 753,000 jobs. The administrative staff, technical workers and retreat, and those of carers are slightly higher (stability for nurses in particular).These efforts have helped reduce the deficit in hospitals increased from 686 to 512 million euros from 2007, according to figures announced by the then health minister, Roselyne Bachelot.

Each institution is legally independent and therefore free to manage its workforce, the rule of non-replacement of staff on two retiring – which has prevailed for the five-year state officials – does not apply to hospital . In this case, this reduction amounts to almost 10,000 jobs do not replace one out of four. Over five years, the numbers remain on the upside. And all these data are not doctors, accounted for separately: their number rose 3.2% year on year to $ 64,500.

The idea is gaining ground among the MPs who are working on the reform of broadcasting outside France (AEF). Christian Kert Didier Mathus and the two members co-rapporteurs of the mission on the AEF chaired by Michèle Tabarot (UMP) examine opportunities to "secure the international structure to France Televisions. "The public group could act as a reception center," commented Christian Kert cautious reminder that this idea had already been in development a few years ago before the report of Bernard Brochand not advocating the creation of a structure autonomous as it currently exists.

For the UMP deputy of the Bouches du Rhone, "this would be a more natural affiliation to Agence France Presse that the kinship with less obvious". In addition it would minimize a number of issues raised by Bercy interviewed by the Mission information.They have indeed outlined, in very diplomatic language, virtually impossible for shareholders is the state of having a clear idea of ​​the financial situation of the AEF. That because of the difficulties of current governance. "This explains that the contract objectives and resources with the State which is under construction since 2008 is still not finalized in 2011."

Spun, the AEF would clear up his accounts, but also its costs down, especially in terms of labor costs. MPs recall in effect, that "the two leaders of the AEF – Christine Ockrent and Alain de Pouzilhac – are as well paid as the president of France Televisions, while sizes of companies are not really equivalent. Moreover, it would mean that the Foreign Ministry would no longer directly on the frontline. This, according to people close to the dossier, would not displease him.If at this stage, Pflimlin Remy, president of France Televisions had not commented on this event, he would not, however, vetoed such a possibility. France Televisions is already a 25% shareholder of EuroNews, the European news channel.

But several issues remain pending. MPs do not rule out completely unravel the AEF and thus halt the merger France 24 and RFI. In such a case, France would be only 24 in the bosom of France Televisions while international radio remain independent unless it is linked to Radio France. It now remains whether the public broadcasting group, itself full internal reform, will be able to absorb a new entity.

Finally parliamentarians who know that time is running will not be content to appraise the mechanic of the AEF.They also intend to look at the editorial aspect of the chain and its developments abroad. All responses will be made in early July.

Hackers are on all fronts. After the stock exchanges of New York and London in particular, hackers managed to penetrate the security of the French Ministry of Economy and Finance, revealed on Monday the website of Paris Match. Information confirmed by Budget Minister Baroin the microphone of Europe 1, and the entourage of the Minister of Economy Christine Lagarde told Reuters. According to a senior source at the Interior Ministry, the Elysee Palace and the Foreign Ministry had been "concerned but not affected," according to the National Security Agency's information systems. The interview on Europe 1 Baroin:

Bercy services have found this huge cyber attack, which aimed in particular documents relating to the G20 in the month of December."Immediately, specialty services have made arrangements to stop the attacks (…) This work was finally ended last weekend," said the minister's entourage. 10,000 computers have been disconnected during the weekend to stop the cyber attack.

"The first attack against the state of this magnitude"

According Pailloux Patrick, the executive director of the National Security Information Systems (ANSSI), "those who acted are professionals committed and organized. This is the first attack against the French state and of this magnitude at this scale, "he said in Paris Match.

In total, over 150 computers in the department have been infiltrated by the classical method of mail bomb. "The hackers tried to attack other ministries.There may be things that we have not seen, but to my knowledge, only Bercy has been affected, "explained Patrick Pailloux. Prescient, he lamented in an interview published Pcinpact late February, "a real trend to the increasing attacks, raising fears that the examples multiply instant credit reports."

No computers affected did not contain personal data of taxpayers, assured Baroin. "The attack targeted international issues rather than internal issues such as customs or tax authorities. Information has certainly been achieved, but what is important is that we know the origin and we define the modalities of this attack, "he judged.For now, Bercy filed a complaint against X with the Paris prosecutor's office and the DCRI, the French intelligence service, was seized.

Chinese Track

Even if the origin of the attack has not yet been established, a senior official recalls the site of the weekly Chinese track possible. "We found that a number of information were redirected to sites in China," Paris Match reported quoting a senior official, under cover of anonymity. "But that does not mean much," he tempered. For its part, Baroin merely to evoke "the tracks have not yet confirmed."

Coincidentally, early in the morning, a member of South Korea confirmed that Chinese hackers had accessed in June to military records confidential from South Korea, for the purchase of unmanned U.S. spy planes.According to another member of South Korea based on a government report, 8183 of 21,899 attempted attacks launched last year by hackers against the computer system of government of South Korea came from China.

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Latécoère takes matters into his hands. The aerospace supplier in financial trouble trying to convince the group of aerospace and defense company EADS to buy. Chairman of the Supervisory Board, Pierre Gadonneix, is expected to announce within a month "the buyer or at least an industrial solution" to relieve the group that collapses under a debt of more than 300 million, reports La Tribune.

For now, EADS does not seem interested in reconciliation as such with his counterpart. EADS would however be "ready to contribute to an industrial solution, which would maintain a die aerostructures in France," reports La Tribune. The group of defense and aviation would be able to "merge much (its subsidiary) Aerolia with Latécoère and hold (in a first time only) a stake in this together paperless payday loans."

EADS and multiplies conditions.The group says it will accept this approximation only if the "guarantee that the Strategic Investment Fund (ISF) is also involved in this operation with a minority and that one or more international investment funds take a significant share of all-Aerolia Latecoere.

But Latécoère not only string to his bow. It also conducts talks with Chinese Avic, American Spirit, the Dutch Fokker and British GKN, the economic daily said.

Capgemini signs a wonderful year 2010. Group counseling and services has indeed recorded at the end of fiscal 2010 net income up in 2010 to 280 million euros, rising significantly by 57% compared to 2009, accompanied by a turnover up 3.9% to 8.697 billion euros a year.

Results higher than what analysts had expected.Ditto for the group's operating margin stood at 587 million euros, or 6.8% of turnover.

"Operating income, it is increasing (+47%) compared to what it was at the end of last year thanks to a sharp reduction in charges, mostly to restructuring charges reduced to 71 million euros in 2010, exactly one third of what they were last year, "says Capgemini in its press release of annual results this Thursday morning pre-market.

Note that the Board of Directors decided to propose to the next ordinary general meeting to be held May 26, payment of a dividend of one euro per share, "against 0.8 euros last year."

In exchange, the action Capgemini closed Wednesday up 2.22% to 39.85 euros in a market capitalization of 6.2 billion euros.Since the beginning of the year, it posted an increase of 14.1% while the index of pan-European technology has earned in the same time a little over 10%.

Growth 'modest'

In the services sector, yesterday, Wednesday, Atos Origin has also published results are healthy in 2010 and is confident for 2011. However, "except the excellent performance of Accenture, which seems very specific, other publications are consistent with our scenario of a weak recovery at Capgemini", noted analysts at Natixis in late January.

IBM has not experienced any acceleration in the fourth quarter, TCS grew by 13% in continental Europe, India for a modest performance guaranteed personal loan approval."Capgemini is mainly dependent on the European market and its high exposure in the United Kingdom and the Netherlands (40% of sales), very dependent on the public sector is a drag on the group," they say.

However, over the year 2010, the UK / Ireland region has seen its business fall by 1.4%, but increase by 7.8% over the last quarter. What is a good sign.But the Benelux countries, who "has seen the past two years a particularly acute crisis, remains the region with the largest annual decrease (-6.7%).

A year 2011 dealt calmly

During the telephone condérence that followed the publication Thursday morning, Paul Hermelin, CEO Capgemini says there is a `recovery in the sector even if it is progressive" and announces it will "double in the medium term from its Sales in emerging markets to 10%. "

Thus, for the year 2011, "the group plans to grow its revenue by between 9 and 10% at current rates and perimeter, and an increase in its operating margin between 0.5 and 1 percentage point compared to 2010 .

"Given the investments that will need to commit to support this growth and improving the business climate more or less rapid depending on the country and trades, it is expected that growth in turnover and this improvement in operating margin of the group will be gradual throughout the year, "says the company.

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On this day of Valentine, happiness reigns in the Asian stock markets, which restarts on a good foot this new week, Tokyo head. Closed Friday due to holiday (Feast of the Foundation of the Nation "), while financial markets were relieved by the resignation of President Hosni Mubarak, the Tokyo Stock Exchange on Monday granted a remedial effect.

On Monday, the Nikkei 225 Index climbed 1.13% to 10,725.54 points. While the Japanese GDP will contract in the last quarter of 2010, but less than expected 0.3%. Over the whole of 2010, however, it grew by 3.9%, driven by sales to emerging countries, including China, and supported much of the year offset by government grants this fall.

Among the largest increases, Toyota climbed 2.51% at 3,870 yen or 2.68% at Honda 3635 yen.

Expected inflation in China down

Japan, already exceeded the first time in a quarter this summer, could not maintain its position as second largest economy on the whole of 2010. It is the China that now occupies, with GDP amounted to 5.8786 trillion dollars against 5.4742 trillion dollars in Japan. China could overtake the top spot in the U.S. in 2025.

Morale is looking good on the Chinese financial markets. The Hang Seng Index rose 1.07% to 23,073 points and the CSI index jumped 2.50% to 3198.93 points. On Monday, market rumors also point to a possible decline in inflation in China. The figure will be released tomorrow but the good news is already spreading, and despite a change in the method of calculating this statistic.

Finally, the trade surplus of the Middle Kingdom has fallen by over half in January to $ 6.45 billion, as imports surged 51% year on year, reported Monday's China Customs. The illustration of the willingness of Chinese leaders to reduce the dependence of the second world economy vis-à-vis exports and expand domestic demand and household consumption. And good news for Americans who accuse China of deliberately letting their yuan undervalued to promote exports.

Industrial & Commercial Bank of China rose 1.86% to 4370 yuan and Agricultural Bank of China is 1.91% to 2660 yuan.

Other places in the region are doing well, like oil

Other areas of the region also benefit from these stock performance.The Taiwan TAIEX Index advances 0.88% at 8685.47 points, the KRX 100 of Seoul wins 1.92% to 4275.46 points, the S & P / ASX 200 is 1.12% at 4935.80 points, the BSE Sensex 30 rose 1.52% to 17,997.90 points and the FTSE Straits Times Index was up 1.08% to 3110.59 points.

Crude prices were on the upside Monday in electronic trading in Asia, while the fear of other regimes in the Middle East like Egypt switch boosts prices, dealers said. In morning trading, a barrel of light sweet crude for March delivery gained 2 cents to $ 85.60. That of Brent North Sea with identical maturity took 67 cents to 101.61 dollars.