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The Paris market is still showing caution, but returns in the green after losing more than 5% on only two days Monday and Tuesday. At mid-session, the index feature of the Paris Bourse is 1.03% at 3826 points.

Even more measured but still trend elsewhere in Europe. At the London Stock Exchange, the FTSE-100 gained 0.39% to 5608.13 points. At the Frankfurt stock exchange, the DAX 30 0.21% advance to 6097.14 points.

The Athens Stock Exchange, somewhat protected by the ban on short selling by the Constable of the Exchange, wins it, at 1800.37 up 5.45% points on Thursday at midday, buoyed by the hope of an early agreement on the payment of a substantial international assistance.

Greece, Portugal and Spain. Southeastern Europe continued to frighten the markets Wednesday. The Spanish saw its debt rating one notch worse, with a negative outlook.But a lull stands today, while the European leader and the IMF have sought yesterday to reassure markets.

Between degradation rate and retention Note

During a joint press conference yesterday, Jean-Claude Trichet, president of the European Central Bank, and Dominique Strauss-Kahn, director of the International Monetary Fund, have called on Germany to take an expeditious decision on aid Greece. Both men say they are confident. German Chancellor Angela Merkel it seems, heard the message, since it has declared its intention to activate "as quickly as possible" aid plan.

On the macroeconomic front, a decision came from the United States has reassured Wall Street and in its wake, the European stock.The Fed has indeed confirmed keep interest rates low for "a prolonged period, despite a rapid recovery of the economy.

After two sessions of sharp declines, the bank stocks are returning to earnings. In Paris, BNP Paribas gained 1.29% to 51.64 euros, Dexia advance of 0.78% to 4.132 euros and Societe Generale was up 0.07% to 40.940 euros. In contrast, Credit Agricole, which said Wednesday night that its exposure to sovereign risk in Greece amounted to EUR 850 million, lost 0.32% this morning at 11.02 euros, before returning + 0, 5% to 11 105 euros at midday.

CAC 40: Pernod-Ricard in mind, PPR red lantern

Among the values that have posted Wednesday, PPR has returned to growth in the first quarter after five consecutive quarters of downturn, and said Tuesday, predicting a further acceleration in sales during the year.However, PPR shares fell sharply, from 3.03% to 100.80 euros, the biggest drop in the CAC 40.

Thursday is the many publications of quarterly results, on both sides of the Atlantic to Paris, ArcelorMittal (-0.77% to 30.760 euros) reported a net profit decline of 36.6 % in the first quarter 2010 over fourth quarter 2009.

France Telecom (1.13% to 16.520 euros) issued a turnover down 2% in the first quarter of 2010, in line with market expectations.

The result of Sanofi-Aventis (down 0.25% to 51.75 euros) rose 9.7% to 2.4 billion euros in first quarter 2010 against a consensus of 2.28 billion euros.

Bull (4.36% to 3.35 euros) saw its sales boosted by the acquisition of Amesys, a company specializing in security systems: its turnover grew by 9.4% against 0.6 % off-Amesys.

Pernod Ricard has announced an increase of 14% of its turnover for the third quarter of 2010 of its fiscal year 2009-2010 to offset 1.5 billion euros. Pernod Ricard shares climbed 4.40% to 65.76 euros, the CAC 40 rising high.

The results of Vivendi (1.21% to 19.680 euros), AXA (-0.26% to 15.105 euros), Bouygues (2.07% to 37.425 euros), Areva (-1.32% to 375 euros) or Michelin (-0.06% to 52.47 euros) are also expected.

Renault (-0.37% to 34.620 euros) has announced the acquisition of interests between the group, its Japanese partner Nissan and Germany's Daimler had been made Wednesday. The three groups have formalized their alliance in early April for three to share technologies and reduce costs.

The U.S. unemployment statistics in the heart of the day

On the macroeconomic front, the day will, however, less responsible.By midmorning, the German Federal Labour Office has reported a decline of 68,000 in the number of jobseekers in seasonally adjusted data, to 3.285 million, while economists were expecting an average decline of 10,000. Around 14:30, the investors will also monitor the weekly claims for unemployment benefits in the United States, and economic confidence in April in the euro area.

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Once again, Apple imposes its views in Orange, SFR and Bouygues Telecom. For its release in France in late May, the touch pad, the iPad will not be sold in their shops. Duplicating its model designed in the U.S., Apple will book the sales in France to its own stores, both Apple Store opened late last year in Paris and Montpellier, its website and retail mix in electronics. Distributors Fnac, Darty and Boulanger, Surcouf, already used to sell iPhone and Mac, will be the four most affected, according to an industry source. This will involve "a large number of stores," said an already Darty spokesman told AFP.

The tablet, however, will not be found in the shops of the three operators.Then they hoped "to generate traffic with the curiosity that is likely to generate the iPad [...] Steve Jobs has imposed on them an absolute bar to" Les Echos noted Wednesday morning. Apple would indeed set the iPad closer to a computer than a smartphone. Orange, SFR and Bouygues Telecom will be content thus to propose specific plans for the 3G version of the iPad, as they already do for the iPhone bad credit personal loan lenders. According to the scenario under development, Apple will contact the operator chosen by the client to forward him a SIM card and Micro-activates its line. But all the steps and subscription management package will intervene directly on the iPad.

It is around the price and terms of these packages lie the remaining uncertainties.In the U.S., Apple set to AT & T plans to develop 3G no time commitment, to 14.99 dollars per month for 250 MB of data exchanged or 29.99 dollars for the unlimited. In France, the operator suggested that "the price and features of these packages will vary from the key 3G standard, which hover around 30 euros, according to Les Echos. In fact, they fear that the tablet from Apple, with its larger screen than the iPhone, is developing new uses more bandwidth-intensive, particularly video. This could bring down the price of subscriptions up. In the U.S. market, AT & T said, however, expect that the iPad achieve more WiFi version, thus saving the mobile network.

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The name of his new baby is revealed. ExonHit, which raised 15.6 million euros fons last December, had then told him that this money would be used to buy a company in the field of Diagnotic. On Tuesday, the French biotechnology company announces that this is American and her name Redpath Integrated Pathology Inc..

Headquartered in Pittsburgh, Pennsylvania, Redpath has a technology platform based on the DNA that provides information for an individual diagnosis and clinical treatment decision tailored to each patient.

A purchase of $ 32 million

For this first acquisition since its inception in 1997, ExonHit will spend more than $ 32 million, or 24 million euros.The payment will be distributed to 12.5 million dollars in cash (EUR 9.4 million), 10 million shares (7.5 million euros) at the close of the transaction, and from 2012, Redpath's current shareholders will receive up to $ 9.5 million (7.1 million euros) in the form of milestone payments related to the achievement of sales targets.

The acquisition, subject to approval by shareholders of ExonHit, should be completed by mid-July 2010. The company has e equally on the drug market of neurodegenerative diseases and the diagnosis of cancer.

Best Diagnotic Cancer

The analytical tool of Redpath improves diagnostic accuracy in difficult cases where cancer or precancerous conditions can be characterized by conventional pathological examination, explains ExonHit.

The company, which will be part of ExonHit operations in the U.S., markets a molecular diagnostic test for cancer of the pancreas. A second test able to distinguish primary tumors from metastases is being launched.

The company's portfolio also includes two tests in the final stages of development and several programs in early development in the field of oncology.

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"ExonHit raises funds for future acquisitions

Should he do so without saying? The government raises the question about raising the legal age of retirement. Introduced in 1983, the possibility of a pension at age 60 is an "acquired" intangible to the unions – will undoubtedly touch inflate the number of events already planned. But the past work of the Board of Retirement Guidance (NRC) also show that this solution would be financially much more efficient in the short and medium term of a longer contribution period, this second option had significant effects that 'from 2020 at best.

Therefore, the temptation is great to work around the problem: give everyone the opportunity to leave at 60 if he wishes, but to dissuade the maximum. For this, the pension of a person choosing to leave "early" (before 62 or 63 years, for example) could be amputated, even if it has "all quarters."The track appeared there more than a month in the NRC documents, referring to examples of U.S., Japanese and German. It went almost unnoticed, except in the eyes of government officials who are working on pensions.

"The executive Ponder on it," admits one of the main actors of the file. "It's part of the range of possibilities," says a corporate source, emphasizing that nothing is decided. "I was cooking around that idea," says a union leader. Who speaks the same orders of magnitude, "a discount of 1.25% per quarter or 2.5% below the target age.In other words, for the same number of quarters validated, the person who would liquidate his pension at age 60 would incur a penalty of 10% to 20% compared to that which would prolong his career until age 62 – if the government set the example age as a goal.

A more complicated

The assumption is even less absurd than 22% maximum discount is already applied in France, supplementary pensions (Agirc-Arrco) for private sector employees who retire before age 65. The retiree does not realize, because a fund compensates this difference.

But the existence of this fund, called AGFF, is up to the renewal of a regular union-management agreement.The agreement expires at the end of this year and will be renegotiated just after the reform of pensions.

Advantage of the option: it offers hope of union protests limited, maintaining the symbolic age 60 years. Disadvantage: it would make a bit more complicated than a pension system that is already fairly. And above all, "everyone knows that it is the workers rather than managers, who tend to stop working when they have the right, a government source analysis. The risk is they leave with even lower pensions. The government plans to publish a first draft of its reform from mid-May

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Wednesday, April 14 at Nantes, a stone's throw from the airport by a cool sunny morning. Representatives of airlines, the future Airbus A350 XWB (extra wide body) were invited by Didier Evrard, program director for a route point. The program includes site visits and workshop "composite" which have already left the four panels of carbon fiber for the first aircraft and MSN 1 MSN 2, the five who will participate in test flights from 2012 .

Since the program started in 2007, Didier Evrard regularly inform the 33 airlines that have ordered 530 copies of the long-haul new generation. No way to disappoint after repeated delays of the superjumbo A380.

30% to 35% of the activity term

Nantes Why? Because that's where it all begins lorsqu'Airbus manufactures aircraft.Ironically, the site where you never see it because the factory is specialized in large parts, called simple. Once assembled, they form the center wing box, also called "section 21" which will set the wings and the beam waist, the keel beam that runs throughout. These two major structural elements bear the expenses of the aircraft and the aerodynamic forces.

Nantes, with its 2,000 employees, is also one of three centers of excellence composite aircraft manufacturer with Stade in Germany and Illescas in Spain. It was here that made the first piece of carbon fiber series December 4, 2009. It is also here that are developed – in conjunction with teams from Technocampus, integrated industrial site – prototypes capable of "dress" the applicant signs the "carbon fiber plies.The A 350 count 53% composite materials, and even 80% off systems, against 45% for the 380. "The composite can not only divide the weight by three parts but also reduces noise by 30% leaving the engine through a composite panel made from a single block. A unique expertise in the world, "said Michel Plantard, head of production.

In Nantes, which works upstream – 1.5 to 2 years – the final assembly as in all European plants of the manufacturer, the countdown has begun. "The timetable is tight. We must deliver the first caisson in Saint-Nazaire in the first quarter 2011 so that the Toulouse final assembly begins in the third quarter of 2011 and the first customer to be delivered mid-2013, "says Jean-Claude Schoepf, director of Nantes site.In Saint-Nazaire, the section 21 will be assembled in section 15, the composite central pavilion, a room of 32 meters long, whose manufacture has been outsourced and entrusted to the American Spirit, while the German factory in Hamburg deliver elements of the fuselage.

Once kitting is complete, the device will be assembled in Toulouse in a brand new warehouse to be delivered in September. "The issue is important because the A350 is expected to represent 30% to 35% of activity for both Airbus and our website, where just under 500 million euros have been invested for the A 350, "insists Jean-Claude Schoepf.

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The Mayor: "The negotiations should lead quickly"

"We are in the final phase of adjustments, it is normal that the negotiations become more difficult, Le Figaro said the Minister of Agriculture, Bruno Le Maire. Things must lead as soon as possible. This is an important project both industrially and in the defense of the interests of producers. On this last point, we are building with all stakeholders on an ambitious plan to develop the dairy sector, as it has ever been done for twenty years at the time of Michel Rocard. This plan should be presented in September. "

This is the chore of spring fill the tax return. "It is very important that taxpayers do not spend too much time," even insisted Monday the Minister of Budget, Baroin at the press conference presenting the income statement of 2009. These forms will be sent between April 20 and May 5 to 36 million taxpayers. This year, the new measures primarily enable the administration to save money!

A revised schedule

This is the main innovation of 2010: Targets for declaration online no longer depend on the area of school holidays (A, B or C) but the department. Residents departments numbered 1 to 19 (of Ain Corr?ze) have until June 10 at midnight to Electronic Filing, those departments from 20 to 49 (of Corsica in Maine-et-Loire) until 17 June and all the others until June 24This reform simplifies the task of tax authorities, which will not need to prop up on changing the dates of the holidays. Electronic Filing on impots.gouv.fr is open from April 26.

Proponents of the paper have them until May 31 to return their declaration. This year, households will receive a single paper return. Without wishing to send two such until 2008, Bercy saves 360 tonnes of paper and 1.7 million euros.

A "GDI" to send

The pre-filled boxes are the same as last year: salaries, pensions and "income from securities and movable capital (income from life insurance, stocks …). Moreover, the tax would ask those who do not pay by bank transfer to state their bank loan no payday instant TeleCheck.Thus, the administration shall reimburse the taxpayer (for the earned income tax, the shield, tax credits) by transfer rather than by check. The 8 million checks sent each year by the tax cost him 5 million euros in printing, paper and postage. But this demand for bank details (RIB) is optional, not mandatory.

Family autoentreprise: new boxes

Under "marital status", the taxpayer must check a new box if one has raised a child for at least five years.

To qualify for the additional half-share, it will also make a sworn statement. Children in alternative custody this year are to be reported in the main declaration, and not in the supplementary declaration.In the latter, a category "autoentrepreneurs" was created.

Phone: Bercy hangs

Like last year, taxpayers no longer need a certificate so they can remote declarations from any computer. The number of remote declarations rose from 7.4 million in 2008 to 9.7 million in 2009. Baroin in hopes more in 2010. However, validation by phone is abandoned: only 5 000 taxpayers had used last year.

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And three! The number of declarations of non-temporary employment of more than one month has increased over the first three months of 2010, for the third consecutive quarter, to just over 4.8 million, according to the latest Figures released by ACOSS, the federation of URSSAF. The increase was 3.5% at the beginning of the year (after an increase of 2.3% and 2.6% in the previous two quarters), bringing to 8.2% growth over one year. By including more contracts of less than one month, the total number of non-temporary hiring intentions even grew by 4.1% in first quarter 2010 and 9.6% over one year. And IDUs benefit (up 6.1% in the first quarter).

Western dynamic

The recovery is generally whatever the size of the company.But it is more significant for companies with more than 20 employees where the quarterly growth 5.3% (4.4% and only on the intentions of more than one month). It is also significant in all major sectors of activity. For the first time since the third quarter of 2008 and the outbreak of the crisis, both the industry, construction and services are in green. Hiring intentions are and remain "supported" in the industry (up 3.5% over three months) and were once again positive in the construction (0.5%) after fifteen months of declines.As the tertiary sector, the increase in hiring intentions continued (at a rate of 4% in the first quarter) everywhere, "except acyclic sectors", says ACOSS, either in the public administration, human health, welfare and education "which have continued to hire during the economic crisis.

The upturn in hiring intentions is also felt on the whole territory, except in the regions of Basse-Normandie (down 2.1%), Champagne-Ardenne (- 2.4%), Reunion (- 3 , 1%) and Guyana (- 6%). But also in Poitou-Charentes, Corsica Franche-Comte and where they stagnate. In one year, the West of France is the most dynamic area.

Good news for consumers: quality of service of mobile operators and ISPs improve. The complaints have decreased by 28% in 2009 compared to the previous year, according to the latest report of the French association of telecommunications users AFUTT (www.afutt.org). "There is no doubt that operators and service consumers are making significant efforts", says AFUTT.

Of the 5 761 complaints received by the AFUTT in 2009, the Internet is the main black spot with 53% of complaints received, even if the improvement is constant for three years. The mobile focus, these, 33.8% of complaints.

In the hit parade of complaints, billing problems came first (16.2% of complaints), before the break of service (14.1%) and termination (14%).

However, "often the bill is not wrong", recognizes the AFUTT."This raises questions is the understanding of supply and lack of clarity in tariff." In mobile, the invoice is the primary source of litigation, almost four a complaint. On the Internet, this includes "Advance billings": the box has not yet been delivered but the subscription is already taken, or not requested options are added to the total payday loan lenders.

Despite progress, the AFUTT thus draws the whistle on three topics. First, the notion of unlimited misleading."The limit is over emphasized, even though it does not exist because there is still limited in volume, or area covered … Consumers are discovering to their cost," explains Jacques Pomonti, president of the AFUTT.

We remember the astronomical sums – up to 159 000 – claimed last fall to some customers for mobile Internet offers so-called unlimited.

"The fear of overheating"

Second concern of the association: the saturation of mobile and fixed networks. "With the explosion of mobile Internet usage and video on the fixed Internet, you are exposed to saturation of the networks. There are fears of overheating, warns Jacques Pomonti. Especially since the operators are not willing to pay only to offer more bandwidth, while some American content providers pocket all the profits. "

After a brief slump earlier this week, the Paris Stock Exchange resumed its forward march. The ACC has actually won 0.64%, to 4 057.70 points, reaching its highest level in 18 months. Sign of the return of investors, the volumes are recovering. More than 3 billion euro changed hands on the great values of the Paris stock exchange.

Other major European markets have also hoisted the green flag. In Frankfurt the Dax gained 0.76% and the FTSE in London was awarded 0.60%.

Even mood on Wall Street, where the Dow Jones advanced 0.56% and the Nasdaq by 0.94% at the same time.

First major U.S. company's high-tech industry to publish its quarterly results, the giant Intel microprocessors has almost quadrupled its earnings. Title flew more than 3% on Wall Street, where it swept away the whole sector.In Paris, Cap Gemini, ST Microelectronics and Alcatel Lucent took the lead in the ACC 40.

"Ideal scenario"

Another announcement eagerly awaited by the markets, the results of JPMorgan Chase, the first major Wall Street firm to disclose its accounts for the first quarter. And, again, this is good news. The New York bank announced a profit of 3.3 billion, thanks mainly to income from the investment bank.

Moreover, statistics of retail sales and consumer prices in March were pleasantly surprised. Thus, already after one year of catching up, including six months of strong rebound, retail sales have also soared by 1.6% in March. On a year they will climb by 7.6%, regaining the heights of January 2006. For Marc Touati, chief strategist at Global Equities, "it is an ideal scenario now facing the U.S. economy."The growth is increasing, but inflation does not slip" he notes. In fact, in March, consumer prices rose only 0.1% or 2.3% over one year. Excluding energy and food, inflation is even wiser since only 1.1% in March over a year, against 1.3% in February.