Posts Tagged ‘economic’

Capgemini, confident in the recovery, raising its forecast

July 29, 2010 - 10:44 am Comments Off

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).

"Consumers will be better protected"

July 23, 2010 - 7:20 am Comments Off

ABC News – Where is the bill that protects the personal assets of individual entrepreneurs?

Herve Novelli – The decrees of applications of this law appear before the end of the year for implementation status as of 1 January 2011. We will do everything to create a sole proprietorship with limited liability (EIRL) is simple. It is possible to create an online EIRL site counter-entreprises.fr. I also implemented a feature that allows the entrepreneur to avoid having to give a personal guarantee to the bank when he wants to borrow money, this financial product will be managed by OSEO will guarantee up to 70% maximum loan granted by the bank.

Banks are hostile to the creation of a sole proprietorship to limited liability.How to convince?

Banks must be with contractors, as the state has to be by their side when they needed it. I will ask the banks in September to explain the importance of this reform on 1.5 million individual entrepreneurs. I do not want there to be ruined because of artisans of a bankruptcy professional.

This Order is being signed and will include officials from exercising a complementary service activities to the person.

The study group set up with the budget minister working for the simplicity of the status of self-contractor be extended to 1.5 million self-employed. The aim is that the deadlines for payroll taxes are more in line with sales receipts.It is better to consider the impacts on cash social security contributions, especially when the turnover decreased quick pay day loan. The working group will issue its findings in late September.

I signed on July 28 financing agreements on the training of entrepreneurs with self-insurance fund training. The State will fund this year to the tune of 5 million euros.

Protecting consumers, as business support is essential to revitalize our economy. I decided three types of operation for this semester. The administration of fraud prevention is better control of online commerce sites that are becoming more numerous. It has created 17,000 sites trade thanks to the status of self-contractor. 24 million French people use them, and nearly one in two French selects his holiday on the internet.I will start early September also strengthened controls to enforce the rights of students who rent rooms and furnished and are sometimes subject to unfair terms. Finally, I want to limit the accidents of everyday life that are still too many in connection with the Consumer Safety Commission mandated that I have on this

After several months of negotiations between MEDEF and consumer associations, we have reached an agreement on the protection of personal digital data. Consumers who buy a product on the Internet should give their consent for their personal information is transmitted to other sites. They will oppose it easier to use their personal data for commercial purposes.

Rising to the CAC 40, but the trend remains fragile

June 28, 2010 - 9:48 pm Comments Off

Hostile to a widespread tightening, the G20 has accepted this weekend in Toronto fiscal restraint to the map, depending on the country, and spread over time. The countries have agreed to "reduce by at least half the deficit by 2013, and stabilize or reduce the costs of public debt to GDP by 2016, without specifying binding targets to States.

As a result, financial markets, the atmosphere of uncertainty can be expected.

In Paris, while the CAC 40 has lost about 5% in just three sessions of declines marked – and having earned 10.5% in nine sessions of gains on – the hesitation should be on the agenda this Monday morning.Although at 8:20, the CAC 40 futures contracts predict an opening up of about 0.45%, the trend will remain fragile.

The euro was slightly lower at 1.2362 dollar and gold – the same trend – is still treated in 1256 dollars.

A well-attended American Statistical

On Monday, held a ministerial meeting between OPEC and the European Commission.At the ECB, the figures on M3 money supply and credit to the private sector will be announced at 10:00.

For the U.S., followed the very household income and expenditure for the month of June is available at 14:30 just before the opening of Wall Street.

The statistic most watched this week will be the number of applicants for overseas jobs, which will be released Friday, which should mark a break in the trend with further destruction of jobs expected.

The bank fee: disagreements

Priority of Paris and Berlin, the tax credit has received a cold reception in Toronto at the G20.Despite support from Washington and London, the final communique does not mention the tax lip as a legitimate option for banks to charge up the pieces of the crisis.

Popular Banks Savings Banks According to information Wansquare, BPCE Foncia has decided to withdraw from the sale. The preparation of a new law on directors and the rout of Urbania Group took account of the sale of the land.

Casino Jean-Charles Naouri, CEO of the group, delivered the Figaro its strategy to cope with a sluggish consumer in France, however, offset by continued momentum overseas. The boss has no plans to float Cdiscount and will focus more on small and medium format hypermarkets (6 000-8 000 square meters), rather than the hypermarkets.

Trigano will on Monday publish its turnover for the third quarter of fiscal offset.

Wall Street closed down sharply

June 2, 2010 - 5:20 pm Comments Off

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.

Managers found morale

April 6, 2010 - 9:21 am Comments Off

What a pleasant surprise! In March, the barometer of the moral frameworks (- 26) has won eight points from February, regaining its 2005 level. "This result is exceptional in scope and that ends the period of depression began in the fall of 2008, is a bundle of factors, both macro and micro," said Francois Miquet-Marty, president of ViaVoice.

Last month, the number of unemployed has increased by "only" 0.1% and the Prime Minister said that the unemployment curve "should be reversed" this year.

In this context, the pessimism fades frames. They are more than 23% against 28% a month earlier, suggests that the number of unemployed would "increase significantly" in the coming months. It's the same for the outlook for living standards. The frames provide a breakdown is no longer the majority (45% against 51% in February).

Occupational mobility

Moreover, two important indicators, as forming part of life, experiencing a frank improvement. Thus, 25% of executives (+ 7 points) believe that opportunities to advance their careers in the coming months "will be important" and 18% (+5 points) than their financial situation "will improve" easy payday loans.

Regional elections have also played a role in improving the morale of white-collar. "Their result has reassured the French left's ability to register their camp in a dynamic of conquest of power and those on the right on the determination of the President of the Republic to maintain focus and to pursue reforms, with the exception of the carbon tax, "said Francois Miquet-Marty.Asked about the place and role of higher education, executives claim, massively, more money for it. Eight out of ten consider, in fact, that France "does not invest enough" in this teaching.

On effectiveness, their opinion is also positive. Seven in ten "confidence" in higher education to deliver a broad general education and a narrow majority (52%), they also make it "trust" to prepare young people for the job.

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Peugeot sales rose 21%

April 2, 2010 - 1:21 am Comments Off

The new car sales rose 12% in March over a year in France and 14.5% since the beginning of the year, blew Thursday Olivier Veyrier, marketing director of Peugeot France. His brand has simply grown over the past month 21%, he added.

Remember that vehicles registered in the first months of 2010 were ordered in the previous months, some before the end of 2009, when the scrappage rate was still full. That is to say, 1,000 euros for a replacement of vehicles over ten years.

These numbers confirm the information published this morning Parisian No fax cash advances. The newspaper, which states that brands have started a race promotion in March to try to attract motorists who do benefit more than 700 euros a premium, Citroen would increase the order 12%.

The Committee of French (CCFA) will release the official results at noon with details.

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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.

"France held its largest export"

February 5, 2010 - 10:36 pm Comments Off

Secretary of State for Foreign Trade, Anne-Marie Idrac, will announce Friday morning trade figures in 2009. France's 5th largest exporter, has eroded market share at the expense of its competitors.

LE FIGARO .- What is the balance of French foreign trade in 2009?

Anne-Marie IDRAC .- 2009 was a year encouraging, marked by a significant reduction in trade deficit due to the strong decrease of the energy bill free credit report . But beyond that figure, the major point is that France has held its largest export in a context of crisis. The world demand in our country has decreased by 13% by volume, and our exports have declined in this order of magnitude.But this movement has been marked elsewhere and, unlike Germany or Italy, France has managed to retain its market share vis-?-vis OECD countries, accounting for 6.6% exports.

It is gold investing

December 28, 2009 - 7:47 pm Comments Off

Carried by the first signs of recovery, commodity prices should continue to benefit from a demand effect, according to most analysts. And inevitably, when the recovery point the tip of his nose, the main concern of investors is inflation. Central banks, especially American, will they let it slip that the growth settles? Exactly, materials excellent in coverage against the general rise in prices. Among them gold.

It's the return of the "barbarous relic", to quote the famous phrase of John Maynard Keynes, the famous English economist. In one year, gold has gained 40%, up two times higher than the CAC 40. An increase which reached a peak last December 3, with a historic high: 1.227 dollars per ounce.The successive reductions in interest rates have reduced the cost of money at a level so close to zero as the low profitability of gold goes completely unnoticed. More than a genuine interest – unlike shares or bonds, gold in nothing (hence the term "barbarous relic" – the precious metal benefits mainly three phenomena.

Capitalizing on weak dollar

The first is the weak dollar, including emerging countries, mainly turn away. Asians, including Chinese, even openly criticize the supremacy of the dollar green. Which, incidentally, is a dangerous game for the Middle Kingdom, with about 80% of its foreign exchange reserves are denominated in dollars …. But alongside this, China, like India, strengthening its gold reserves in order to diversify its foreign reserves.Although they constitute just 1.6% of its total reserves of foreign exchange, bullion held in vaults of the central bank, however, correspond to the significant volume of 1054 tons, against 600 in 2003. What sets the Middle Kingdom to the sixth place amongst central banks richest gold, this beautiful place in Switzerland. The increase of 76% of China's foreign exchange reserves in gold vividly confirms the interest that Beijing is to the metal, she, who advocated the abandonment of the gold standard. Importantly, this increase clearly confirms the willingness of China to emerge more than ever a new international currency to replace the dollar ….

Hedging against inflation

Another aspect directly linked to the dollar's decline: the fear of a return of inflation."Now, what are the conditions for ending the recession concern; central banks should be tempted to let slip inflation initially, that the recovery takes hold," says Frederic Lasserre, head of research commodities at Soci?t? G?n?rale. Although there is no question, especially towards the European Central Bank left spinning inflation, the Fed, for its concern for some developed countries deflationary risk. It may well in the second quarter of 2010 up its rates.

Value shelter or bubble?

Finally, to protect against loss of value of their assets, investors seek refuge physically in oil and base metals, but primarily in gold.In a context where some European countries are in trouble (damage to the notes in Greece, under surveillance from that of Spain …), gold saw its role as a refuge against the sovereign risk increased. "In the absence of sustained recovery, the sovereign risk could easily extend to other countries (Greece, Portugal, Italy)," said Francois Chevallier, strategist bank Leonardo. "The famous precious metal is seen as a safe asset, since it can serve as a currency of last resort. The rise of gold is made to last, "says Nicolas Rajna, spokesman of ETF Securities.

His recent relapse of 1110 dollars per ounce should nevertheless encourage investors to remain vigilant. Assets designated as refuge values, like gold, could well turn into a speculative bubble ready to explode at any moment."The rise in gold is a mystery because apparently solitary, said Francois Chevallier. Gold, regarded as a raw material is recovered much faster than oil. He has also climbed more than euro (safe haven against the dollar) and that long rates (safe haven against the indefatigable), and that while risk aversion continued to decline. " The virtues of gold have been recently confirmed by the decision of large countries in the world to mobilize some of the gold reserves of the International Monetary Fund to finance its activities in support of emerging economies. The global financial crisis has led to the resurrection of the barbarous relic. It is certainly less sure she keeps that relationship once the crisis is resolved.

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The support of The Post in freefall

December 17, 2009 - 2:39 am Comments Off

While MPs this week to discuss the transformation of the company public limited company (now scheduled for 1 March), The Post takes this Thursday its board of directors last year. The estimated results for 2009 and the 2010 budget will be presented. One and one witness to the difficulties experienced by the Post Office. Reportedly, the net income group share estimate was 387 million euros this year, against 529 million in 2008. Operating income is below the targets: he would go below 500 million euros after a profit of 886 million euros in 2008. As for turnover, it is down 2% in one year. In 2008 it was 20.8 billion euros.

All the lights are red while the core business – mail – is severely mistreated. This year, volumes were down 6%. From never-seen.The spread of Internet exchanges is for many. The crisis has exacerbated the problem, mail is closely linked to changes in the gross domestic product (GDP).

"Divided by Three"

Next year does not reserve any good for the mail whose erosion is structural. Jean-Paul Bailly, President of La Poste, acknowledges. In June the group announced it expected a drop in volumes of 30% between 2008 and 2015, an assumption made by most major posts.

In his speech opening the general discussion at the National Assembly, Tuesday, Christian Estrosi, Minister of Industry, was even more pessimistic: "The volume of mail from Post diminish every day," said Minister.There is already – 10%, we will be – or even 50% – 60% in just three years! Again, this is not easy for a postal operator whose business is the heart of e-paper, to cope with the sharp rise of the Internet! "The consequences can be read in the accounts:" The benefits could be divided by three in just two years! "

However, the decline of mail could be offset next year by the growth of other business group, the bank and the package. The 2010 budget, presented on Thursday, would in any case this hypothesis. It builds on strength of sales in a very small increase.

The Post: Besancenot play the spoilers at the Assembly

The change in status of the Post in March rejected