Archive for the ‘online’ Category

White House: 50 billion for employment

September 7, 2010 - 2:59 am Comments Off

The second plan of Barack Obama takes shape. The American president should present a program of 50 billion dollars (38.8 billion euros) in infrastructure upgrades, according to Reuters. Objective: To boost job creation, not dynamic so far, the agency said quoting "authoritative sources at the White House."

Obama vows to "work with Congress so that the program is fully funded, it has been noted. To finance the measure, the Obama administration plans to remove tax breaks for industries of oil and gas, as the authoritative source.

The President should also unveil on Wednesday a tax credit extension research and development, sources said. The cost of the measure would be 100 billion dollars over ten years.At a time when European countries are increasing the austerity measures, the U.S. government is preparing to take the cons-foot, two months before parliamentary elections in mid-term no faxing payday loan.

Tax Exemptions Expected

The tenant of the White House is also considering a series of temporary tax exemptions for businesses. The cost of such a device could however be high and difficult to adopt. An extension of tax cuts to middle class only adopted under George Bush, and incentives for loans to local banks were also discussed.

Members of the Obama administration, however, insist on the fact that these measures do not constitute a second stimulus package, at a time when all eyes are fixed on the level of public deficits and where one wonders about the effectiveness of the first stimulus plan of 787 billion dollars spent in February 2009.

If you are like me, then you are looking for a cheap health insurance plan, or at least to reduce what you are already paying.

The CAC 40 should pick carefully

September 1, 2010 - 9:32 am Comments Off

Despite the rebound in Asian stock markets Wednesday morning and the revival of U.S. consumer confidence on Tuesday, the Paris financial markets should remain febrile for the first day of September. Futures rose 0.59% to 3506 points, about 8.20am. The CAC 40 closed Tuesday August on a small increase of 0.11% to 3490.79 points. Throughout the month, the index in Paris lost more than 7%.

Vivendi raised its forecast

The set of interim results continued. Meanwhile Wendel and Altran particular, Vivendi raised its forecast for this year, after posting a 6.1% increase in sales to 13.9 billion euros and 6.6% of net income to a 26 billion euros.

Wendela investment company registered in the first half net profit of 124.5 million euros against a loss of 959 million for the same period of 2009.

Tuesday after-hours trade, Bouygues has issued a revenue down 1% in the first half and slightly raised its full-year sales (30.4 billion euros against 30.1 billion euros previously planned) .

Vinci reported interim results exceeded expectations. Its net profit was up 1.9% to 703 million euros and sales rose 2.3% to 15.5 billion euros, thanks to improved traffic conditions and benefits the acquisition of Cegelec.

Finally, Eiffage confirmed its forecast of sales for 2010 thanks to the growth of its backlog and achieved a 40% jump in net profit group share semi-annual 70 million euros payday advances .The operating profit has however declined by 2.6% to 412 million, within the scope of the downturn in work due to a climate of increased competition.

The investors also will keep an eye on Sanofi-Aventis. In the showdown, which contrasted with Genzyme, the CEO of biotech company judge, in an interview with Reuters, the high probability of finding an agreement on an offer from Sanofi on American group. However, he reiterated that Genzyme will not accept the proposed price of 69 dollars per share.According to sources close to the U.S. group will not negotiate at least $ 75.

PMI manufacturing program

On the macroeconomic front, the meeting will be especially marked by the publication of the manufacturing PMI in France (8.45am), Europe (11:00) and USA (16 hours), and the ADP survey which will give a first overview the situation on the labor market in the U.S. before the official data on Friday.

Other important indicators: the numbers of the car market in August in France (12:00). In July, new car registrations fell by 12.9% compared to last year, and 15.4% for the only French brands.

Genzyme, Sanofi proposes $ 18.5 billion

August 30, 2010 - 10:04 pm Comments Off

The leaders of the U.S. biotechnology group Genzyme had said they would not sell below $ 80 per share. Sanofi-Aventis announced Sunday that he still has a dialogue with the American biotechnology company that wants to buy, based on a price of about $ 18.5 billion, or $ 69 per share, confirming persistent rumors since July. This represents a premium of 38% over the closing price of 49.86 dollars per share of Genzyme July 1, just before it was boosted by rumors of acquisitions, Sanofi said in a statement. The transaction would be solely in cash.

The French pharmaceutical group had remained silent since the leaks in the press last month about his interest in American business.The CEO of Sanofi-Aventis, Chris Viehbacher, confirmed to Le Figaro that the group would continue its acquisition policy.

'To show our determination not to be threatening at once "

The revelation of the terms of negotiation designed to put pressure on the leaders of Genzyme. However, Sanofi-Aventis does not intend to go on the offensive for the moment: he prefers to continue the discussion rather than to launch a firm offer of redemption."We want to show our determination and seriousness, but not immediately threatening," said Chris Viehbacher Thus, the CEO of Sanofi-Aventis said in an interview published in Les Echos on Monday.

Chris Viehbacher business daily said that Genzyme, for his group, represents "a way to add a platform for sustainable growth, when we lose large volumes of sales with the arrival of generic Plavix in Europe, and Eloxatin and Lenovox United States. "He emphasized the" high value "of drugs developed by its target, but judging" expensive ".About the possible synergies between the two groups, the CEO of Sanofi-Aventis said: "It is too soon to go into details but it is clear that we can help, especially to solve the production problems faced by Genzyme .

A world leader in the development

The main shareholder of Sanofi-Aventis, L'Oréal and Total, is shown also reserved about the acquisition, fearing that the French pharmaceutical group pays its target too expensive. The Board of Directors of Sanofi-Aventis had warned that he does not go beyond $ 70 per share. Analysts estimated the amount of money available for redemption at about 20 billion euros.

In a statement, Sanofi-Aventis said that "bringing the two companies would create a global leader in the development and availability of new treatments, bringing to each new significant growth opportunities."

Boeing B 747 returned to service

August 23, 2010 - 9:57 am Comments Off

It is a further sign of the global recovery in air traffic. Several companies have decided to return to service wide body aircraft they had left their fleet at the height of the crisis. These appliances over 400 people landed in the Mojave Desert (southern California), the biggest aircraft graveyard in the world, who also serves as a giant car park for all airlines. In late 2009, the AOG stock peaked at 3,700 units or 11% of the world fleet (19,000 had approximately). But last June, and for the first time since early 2009, the number of widebody taken by their owner has exceeded that of the aircraft were parked. Of the 200 units withdrawn from storage, 25% were Boeing 747, according to research firm specializing Ascent Worldwide.

The companies are currently preparing the 2010-2011 winter season, which opens on November 1 and lasts six months.And they have decided to increase their capacity. British Airways will offer 7% more seats than in the same season in 2009-2010. The British company will provide such a service between London and Dallas 747, which allows him to release a 777 on the London-New York. Lufthansa, meanwhile, plans to resume a jumbo jet that had put the garage in Germany after having taken a dozen short-haul type B737 and A320. Asian companies are not far behind. Cathay Pacific has recalled five widebody freighter version, four of which will particularly strengthen the fleet of Air China, the Hong Kong whose company owns 49% stake.

Planes cheaper

The return of wide-body aircraft in the fleet remains measured, under the strong rebound in traffic.It has increased 12% for passengers and 27% for freight in June, according to the International Association of Airlines (IATA). "The danger is to increase capacity too fast and too strong," responds Chris Tarry, an aviation consultant based in London. Conversely, a company that does not deploy enough capacity might miss the train of recovery. All are therefore seeking the right balance.

At Air France, the question also arises, but the company continues, against the current trend observed by Ascent Worldwide, out of its B747 fleet. Nothing illogical. On the contrary: "We are entering our fleet of planes more modern, more economical and more environmentally friendly, as the A380. And we are strengthening our fleet of B777-300, "said a spokeswoman for Air France.And remember that the A380 is an annual operating savings of 15 million euros compared to 747.

Air France has already stripped of three B747. A fourth will join them from November. There are still thirteen 747, including ten in the passenger version in service with the French company, but they are headed in starting with the rise of the A380. The company has received mid-August his fourth super-jumbo, which will link Paris and Tokyo from September 1. The fifth A380 scheduled to enter service next April. Meanwhile, Air France is increasing its fleet of B777, a jumbo jet she ordered two versions: long-haul and Caribbean-Indian Ocean.

Session of consolidation at the Paris Bourse

August 4, 2010 - 1:18 am Comments Off

The CAC 40, which surpassed Monday night at the close of the bar 3750 points (2.99%), was given a break on Tuesday. At the close, the benchmark index of 0.12% in Paris coward 3747.51 points.

Same atmosphere in the rest of Europe. The London Stock Exchange finished steady, yielding 0.01% to 5396.48 points while the Dax index featuring the Frankfurt Stock Exchange finished up slightly from 0.25% to 6307.91 points.

The markets have benefited from this meeting to take profits. A trend that accelerated after the publication of U.S. statistics of the day. Consumer spending of U.S. households remained unchanged in June, up 0.1% against 0.2% previously announced. Economists had forecast an average increase of 0.1% of consumer spending in June Household income is also unchanged in June at 0.1%.Moreover, the promises of sale on the U.S. housing market suffered an unexpected drop in June The index of the federation of Realtors NAR is thus fell to a new record low 75.7. In one year, the show promises to sell a drop in June from 18.6%.

In addition, industrial orders fell 1.2% in June, while the market was expecting a decline of 0.5% only.

Meanwhile, the euro remains at its highest in three months against the dollar.The euro rose as optimism in Europe and at the same time, the dollar is falling while stock markets also rose overseas and the appetite for risk grows.

The eyes of Sanofi-Aventis Genzyme

Sanofi-Aventis (+0.18% at 45.49 euros) sent a letter referring to Genzyme's interest in the company, according to a source close to the deal, adding that the two companies were discussing the offer.

The chemicals group Arkema (8.83% to 38.07 euros, the biggest increase in score) on Tuesday said quarterly earnings improved sharply, saying it made "its best historical performance" since its IPO in 2006 . Quarterly profit was 119 million euros, against a loss of 114 million euros in the second quarter of 2009.Revenues soared 38% to 1.6 billion euros and the gross operating profit (EBITDA) reached 241 million, against only 70 million a year earlier.

CNP Assurances (-1.74% to 15.83 euros) announced Monday that it bought back 65% stake in MFPPrévoyance, a subsidiary of MFP Services, a group of specialized mutual insurance officials. This stake will cost 86.5 million euros to the French insurer.

Vallourec gives 1.08% to 76.37 euros, most over the CAC 40. Credit Suisse cut its rating to "neutral" to "underperform."

Arcelor Mittal has launched $ 2.5 billion of debt in three parts, according to IFR, a subsidiary of Thomson Reuters.

Yellow Pages lost -1.19% to 8.5 euro). HSBC cut its rating to "overweight" to "neutral."

General Health (0.91% to 11.59 euros).The former manager of French private clinics and hospitals on Monday published a half-year revenue declined 4.7% to 1 billion euros, which also reported an increase of 8.8% in profit operating income, to 80.4 million.

In an interview with Le Figaro, Benoît Potier, Chairman and CEO of Air Liquide (-0.78% to 88.63 euros), says that the big industries have restructured and fully benefit from the recovery.

APRR (Autoroutes Paris-Rhin-Rhone) has resumed trading on Tuesday after his suspension on Friday, following the submission of a proposed buyout offer from its major shareholder, French Eiffage and the Australian investment bank Macquarie .The securities rose 015% to 53.98 euros.

The transatlantic exchange group NYSE Euronext said Tuesday it recorded a second quarter net income of $ 184 million, against a loss a year earlier, largely due to derivatives markets. The title of the group reacted slightly to the Paris Bourse, clinching 0.73% to 22.62 euros in mid-session.

Wall Street resumes

July 29, 2010 - 5:50 pm Comments Off

Always worried about the pace of recovery in the United States, the U.S. equity market, are cautious on Thursday before several major events at the macroeconomic level. The Dow Jones up 0.62% at 10,564 points while the Nasdaq is 0.8% to 2283 points and the S & P 500 gained 0.67% to 1,113 points. Wednesday is the New York Stock Exchange finished in the red.

The Fed Beige Book released Wednesday evening has reported a recovery in global economy. But two of the twelve regional branches of the Fed said the pace of activity has slowed recently, Chicago and Atlanta, and two others have found a stable economic situation in Cleveland and Kansas City.

On the foreign exchange market, the euro rebounded to 1.3095% from 0.79 dollars, its highest since two months.

Side indicators on Thursday, markets will expect enrollment figures weekly unemployment in the U.S. earlier this afternoon. The primary appointment of the week is expected Friday with the first estimate of gross domestic product (GDP) which will attract the attention of investors.

Symantec picks

On the side of values, Visa (-1.9% to U.S. $ 73.75) yesterday issued a profit after the close of U.S. $ 716 million, or 96 cents per share, against 93 cents expected by analysts. The group's turnover is up 23% to $ 2 billion against $ 1.97 billion expected by analysts.

The publisher of Symantec Antivirus (-9.6% at 13.26 dollars) has announced an increase in its profit to 161 million dollars against 74 million last year. But the disappointment comes from the software storage management data that represent 36% of sales.The activity is down 5%.For the current quarter, the group revised downward its revenue were planning.

U.S. oil giant ExxonMobil (1.44% to 61.79 dollars) on Thursday posted a net profit nearly doubled on a year in the second quarter to 7.560 billion dollars, thanks to improved refining margins and higher oil prices.

Net income group share stood at 7.560 billion dollars against 3.950 billion a year earlier (+91%).

For its part, the group sales online Amazon U.S. (1.31% to 119.67 dollars) has launched two new models of its Kindle reading shelf.

Always on the side of values, the car rental company Avis (3.52% to 11.47 dollars) amounted Wednesday its bid for rival Dollar Thrifty, with 13.4% more than Hertz, 1.33 billion in cash and stock, hoping to cut short the agreement between Hertz and Dollar in April.

Also note, Chris Viehbacher boss Sanofi Aventis (1.76% to 29.99 dollars) has confirmed that group continued to explore possible "small or medium-sized" acquisitions. He declined to comment on rumors about the interests of U.S. biotech group Genzyme. Earlier in the morning, sources cited by Reuters said that the laboratory intends to make a formal offer on Genzyme after the failure of his informal approach on U.S. biotech specializing in the treatment of orphan diseases.

According to Bloomberg, the board of Sanofi has authorized management to offer up to $ 70 per share, an offer that values Genzyme $ 18.7 billion.

M6: earnings up to the first half

July 28, 2010 - 1:27 am Comments Off

The first half of fiscal 2010, the M6 (metropolis TV) grew by 9.4% of consolidated sales, which totaled 742.1 million euros. All activities have contributed to this growth: the advertising revenue of the group (M6 channel, digital channels, the Internet) is up 10% at June 30, 2010, while non-advertising revenues are up 8.7%.

Net profit for the period amounted to 84.4 million euros, an increase of 5.5%. Net margin reached 11.4% at June 30, 2010 against 10.3% at June 30, 2009.And operating profit rises 23.3% to 132.5 million euros.

Figures better than what was expected analysts, who believe that the real catalyst (which permits actions M6 mounting) is the group's ability to realize its ambitions in terms of external growth, given the past success of the group the subject cash advance loans.

M6 is in fact actively seeking targets in the areas of DTT, the broadcasting rights and the Internet. However, this strategy is currently hampered by the lack of significant opportunities.

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Wall Street starts again from the front

July 22, 2010 - 5:27 pm Comments Off

The U.S. stock markets recover a bit high on Thursday. The series of results of U.S. companies, some of which have raised their estimates after a strong second quarter, has reassured investors. And even if the new jobless claims have rebounded strongly. In the first exchanges, the Dow Jones gained 1.40% and the Nasdaq is 1.70%.

On Wednesday, the NYSE has dropped cooled by the president's speech to the U.S. central bank, Ben Bernanke. The latter, who was speaking before a parliamentary committee, believes that the economic recovery continues at a pace "slow".

On the foreign exchange market, the euro regained some ground against the dollar after the publication of an index showing that the growth of private activity in the euro area has increased in July.In the morning, the European currency climbed back above $ 1.28, against 1.2757 dollars the previous day.

New series of results

From the values listed, investors will react to a new salvo of published results Wednesday after the close of Wall Street, and Thursday before the market opening.

The manufacturer of components for Qualcomm phones and released after the close of U.S. markets, a profit of $ 767 million for the third quarter of fiscal offset, up 4% over a year and much better than expected. Thanks to "strong demand for 3G technologies," the group also raised its forecast for the year. The title earns 7.41% to 38.85 dollars.

For his part, Starbucks has unveiled a profit of 207.9 million, in line with analysts' expectations.Turnover was up 8.7% to 2.61 billion dollars against 2.56 billion dollars as abandoned attendu.Le 1.35% to 24.92 dollars.

Always on the side of values, the internet auction group eBay has posted a net profit up 26% to 412 million, just above expectations, and revised down slightly its forecast for the whole of year, under the impact of the strengthening dollar. The title gained 4.31% to 21.04 dollars.

The world's largest construction equipment Caterpillar (0.44% 67.18 EUR) posted quarterly profit of $ 1.09 per share, against 85 cents expected by the market. It was in the aftermath raised its forecast for 2010.

The telecoms operator AT & T on Thursday posted a profit than expected and this best expressed more optimism about the prospects of annual growth. The title hesitates between red and green.

The industrial conglomerate 3M on Thursday reported a 43.2% jump in net profit in the second quarter, above expectations because of strong demand from emerging markets. The title gained 3.11% to 84.84 dollars.

UPS (6.55% to 63.94 dollars) still raised its forecast after the publication of a good second quarter. And thanks to the international.

CMA CGM unveils giant seas

July 13, 2010 - 6:40 pm Comments Off

Long as three and a half football fields (365 meters) high as a building of twenty-two floors and off over fifty meters with a capacity of carrying more than 13,800 containers: CMA CGM Christopher Columbus, called yesterday morning in the port of Le Havre, is not the largest container ships in the world, the current record is held by a vessel Maersk which displays more than 400 meters in length. In contrast, the new flagship of the third arms Marseille is the largest unit flying the French flag. "It is the first in a series of eight container vessels to be delivered by the end of 2011," explains Jacques Saade, president and founder of CMA CGM.

In service on the Europe-Asia, this container allows the new generation, thanks to its volume capacity and performance techniques, to identify "a result two times" the previous generation of the "8500 box.

A major element for the group in search of funding partners as part of "restructuring" of its capital. And on the topic, Jacques Saade has not failed once again confuse observers by announcing the end of discussions for an entry to the Qatari capital of Holdings. This decision comes as discussions were also halted last week with the fund Colony, the other nominee with whom negotiations had been initiated free credit score.Both candidates associated with the Strategic Investment Fund (ISF), proposed to provide approximately 750 million dollars in capital and become shareholders but significant minority.

The recall of ISPs

"We stopped the discussions with the Qataris since the conditions were unacceptable. We are talking with other candidates, "says Jacques Saade said yesterday that all the good he thought of the Strategic Investment Fund. At that point the ISP held recalled yesterday that he would invest only sides "of one or more outside investors" and that he did not intend to go alone.Gilles Michel, head of the ISP, called a thinly veiled way for the resumption of negotiations with the funds of the Middle East: "Our hope is that it is signed with a partner that suits the company, representing Qatar Holding a partner entirely credible and serious. "Saade The guarantee will get an agreement with an investor before the end of July. In the wise …

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Strong rebound in industrial production in May

July 10, 2010 - 9:20 am Comments Off

The path loss is still far from being solved. Industrial production shows for the month of May, a sharp rise. The overall activity increased 1.7% after falling 0.5% in April.

The production of manufacturing industry (manufacturing goods) has also continued to grow, increasing 0.5% in volume, after +0.3% in April. Between March and May, production increased by 2.4% in manufacturing and 2.2% across the industry.

Manufacturing is in sharp recovery from the same three months last year (+8.2%), but remained "well below its level before the crisis," says the Institute of Statistics.

For Alexander Law, chief economist at Xerfi, there are "two heavy handicaps that are difficult to overcome." One around the restocking process being complete.Another round of unfilled orders that are substantially sdégarnis No fax payday loans. According to the economist, "the situation remains extremely fragile in France and Europe, so a decline in activity in the third quarter is not negative.

Investment timidly off again

On a year over three months (between March and May compared to the period December 2009-February 2010), the production of electrical, electronic, computer and machinery increased 3.4%. Nevertheless, the trend seems to have stalled in May with a decline of 0.2%. For Alexander Law, no cause for alarm. "It's normal. Companies must remain vigilant to the economic uncertainties.There is no question at present to engage in heavy spending and engaging knowing that demand may wane and that the whole of Europe has now begun the turn of rigor.