Posts Tagged ‘help’

Banks agree to reserve 96 billion to SMEs

March 6, 2010 - 3:59 am Comments Off

It is now 96 billion euros that the bank will reserve the financing of small and medium enterprises (SMEs) and very small enterprises (TPE: companies with less than ten employees). Criticized for inadequate funding of the real economy and suspected tightening the screws on small and very small banks were received Friday morning at the Elysee Palace by Nicolas Sarkozy, François Fillon and Gerard Rameix, the Credit Ombudsman. After their meeting with Economy Minister Christine Lagarde at the beginning of February, they had once again put money on the table to demonstrate their goodwill.

They were committed in February to book a package totaling 38 billion euros "new money medium and long-term" cash advance till payday .They will now add 58 billion euros to authorize appropriations for the short term, for a total increase of 3% of the amount of credits granted, compared to the year 2009.

The year 2009 has indeed been particularly hard to finance small and very small, which have seen the amount of cash loans granted to them fell by 14% over the year. Even as the needs of new money was made more critical by an economic crisis.

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Safran pushes his pawns in China

February 4, 2010 - 5:32 am Comments Off

Good news for Safran. Its subsidiary, Turbomeca has been chosen by Beijing to power the Chinese version of the new civilian EC175 helicopter jointly developed with Eurocopter, said its CEO Lutz Bertling. So far, the new helicopter is equipped with American engines Pratt & Whintney, and double engine choices are few things on the helicopters.

According to Voices, the American engine could not get the green light by U.S. authorities for exportrer in China some of its technologies.

This agreement confirms the thrust of Saffron to China. Last month, the group associated with GE in CFM International, has been chosen to equip the C 919 Chinese, the future Chinese medium-haul aircraft, a rival of Airbus A320 and Boieng B737.

The Dow Jones found the 10,000 points

November 6, 2009 - 5:51 pm Comments Off

A decline in new listings in unemployment in the United States and the optimistic forecasts of telecoms equipment manufacturer Cisco has propelled the Dow Jones-immediately above the 10,000 points, a day before the report on employment in October the government. The flagship index of the NYSE is 2.08% at 10,006 points and the Nasdaq Composite jumped 2.40% to 2105 points.

New entries in weekly unemployment in the United States declined to 512,000 new applications for benefits, while analysts predicted 522,000. Moreover, the productivity of U.S. companies (excluding agriculture) increased in the third quarter, 9.5% annual rate. It is the largest increase in six years. The market expected a 6.3% increase. These publications, better than expected, reassured investors.

On Wednesday, the Dow Jones gained 0.31% Wednesday, while the Nasdaq Composite lost 0.09%.

Summary of values

Net earnings from Cisco down 15% in first quarter (ended in late October), $ 2.1 billion. The group said however that he thought back to growth of its business to the next quarter.

Qualcomm posted a profit of $ 803 million in the fourth quarter, down 9%.

Microsoft will cut 800 additional positions, plus the 5,000 announced in January. These cuts will take place in the world.

The media group News Corporation has announced a profit in the first quarter of fiscal 2010 of $ 571 million. Earnings per share amounted to 22 cents against 18 cents expected by analysts.

JPMorgan has an agreement with the regulator of financial markets, the SEC, to terminate proceedings in a case of influence peddling to local elected officials in the United States.JPMorgan will pay $ 25 million and 50 million dollars to the local authority, county of Jefferson.

The Iraqi Oil Ministry has awarded Thursday to a consortium led by Exxon Mobil exploitation of oil field west Qourna-1.

Research in Motion announced a buyback program of action for an amount up to $ 1.2 billion. It will start on November 9th and will be valid for a period of twelve months.