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Veolia Environment is doing well in 2009. The group, which publishes Better Canada on Friday reported a net profit group share of 584 million euros, a sharp rise of 44% compared to 2008. It is far more than expected by the markets as analysts expected an increase of 34%.

Regarding turnover, however, performance is online. The group's revenues decline by 3.4% to 34.551 billion euros. Observers expected a decline of 2%.

The group expects an increase in its operating performance in 2010, further reducing costs.

Veolia Environnement intends to pay its shareholders a dividend of 1.21 euro per share for the year 2009. This proposal will be voted at the General Meeting of May 7

More details to follow ….

In a session marked by a new series of major publications and the summit in Brussels, the CAC 40 should navigate the uncertainty Thursday. On Wednesday, the index in Paris gained 0.63% to 3635 points.

On the macroeconomic front, investors will listen closely to the Extraordinary Summit of Heads of State and Governments of the European Union devoted to the economic crisis and to preserve the European social model. Germany could announce his signing on backup plan for Greece.

Furthermore, INSEE releases its survey of investment in the industry for the month of January.By late morning, the banks have an appointment with the Minister of Economy and Finance, Christine Lagarde, to discuss the credit.

In the United States, figures are expected in retail sales for the month of January, weeks claimed unemployment, inventories and business sales for the month of December.

New series of publciations

After the publication of ArcelorMittal, PSA, Sanofi Aventis and Nexans, a new series is scheduled for Thursday morning: Alcatel-Lucent, Total, EDF, Danone, Renault or Dassault Systems .M6 publish after-hours trade.

Alcatel-Lucent posted a net loss of 524 million euros in 2009 and 2009 sales down 10.8% to 15.1 billion euros.

France Telecom announced it would invest two billion euros in a fiber optic network by 2015 in densely populated areas of France by 2015, thus removing the freeze on spending in this area.

Air France-KLM reported a net loss of 295 million euros in Q3 2009-2010. The operating loss in Q3 reached 245 million and the company expects an operating loss similar to T4.

Property Walls said he expected a new stability of its recurring net profit in 2010 and expected to maintain a dividend to 1.40 euros.

The group acting CRITT announced a decrease of 7.3% of sales in Q4 2009 to 298 million euros.

Angela Merkel has found his political instinct thanks to German tax evaders. Criticized since the inauguration of his new center-right government in late October for his lack of leadership, the chancellor has imposed against the will of its partners liberal FDP and the barons of his party, the CDU, the purchase files containing the names of thousands of taxpayers who have hidden assets in Switzerland. The German opinion ranks behind Merkel's opinion and personalities of all political gradually overcome their moral reservations about buying stolen data, to endorse its decision.

100 000 taxpayers

According to the Süddeutsche Zeitung, citing sources close to the investigation, fraud could be much more massive than was originally estimated.After studying hundreds of cases randomly draws the German tax authorities now believes it could recover up to 400 million euros. According to several sources, the data come from the second Swiss bank, Credit Suisse, also reaffirms the daily despite the denials of the institution. In addition, an "internal estimate" of the bank can show that up to 100 000 taxpayers German practice of tax evasion in Switzerland, for a total of 34 billion Swiss francs (23 billion euros), says Süddeutsche Zeitung cash till payday .

Internal documents from Credit Suisse from 2004 might suggest that "over 80% of all Germans who deposit money into accounts at Credit Suisse, Switzerland, German tax authorities to conceal the proceeds of their interests" .An informant offers to sell the files to the German government, for 2.5 million euros a bargain defended the more convinced by the Chancellor that some fraudsters have engaged in concealment amounting to several million euros. "I think there is a common interest in the information. Tax evasion is not a crime chivalrous, "said Friday, the Chancellor.

Legal experts have now the treasury verified all the legal implications related to the purchase of the list, and the way is clear for its acquisition. Fraudsters have only a few hours to withdraw without risking additional sanctions.

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The Paris Bourse opened the week and the month of February, down from 0.48% to 3721.66 points in the wake of the decline on Wall Street Friday. The same applies to the Frankfurt Stock Exchange decline of 0.38% at 5587.5 points, and that of London which yields 0.38% to 5168.64 points. After a week punctuated by a sharp increase from 1.37% to 3.739.46 points, investors should be preparing to take their profits.

Markets were awaiting major publications in the United States. Around 12 o'clock, the President of the United States, Barack Obama has proposed a 2011 budget of 3.834 billion dollars. The White House said Monday that the draft budget for next fiscal year (October 2010-September 2011) showed a deficit of 1.267 billion dollars, down 19% due to higher expected revenue.In the afternoon, indicators follow overseas spending and household income for the month of January (1430), construction costs for the month of December (16 hours), the ISM index of manufacturing activity January (16 hours). On Friday, the U.S. GDP figures for the fourth quarter, came out up 5.7%.

The results season of American companies continues its course on Monday with those of Exxon Mobil, the world's oil.

In France, prices for production in French industry decreased by 2.9% in 2009, a decline limited to 1.3% for foreign markets, according to figures released Monday by the INSEE. In all markets (French and exports), the producer prices are down 2.4% a year, says the National Institute of Statistics.In December 2008, prices remained stable (0%) in the industry for the French market.

Sales of new vehicles surged 14% in January by the Committee of French manufacturers (CCFA).

Side currencies and commodities, oil off again on the rise (+0.22% to 73.21 dollars), while the euro strengthens against the dollar (+0.25% to 1.3899 dollars).

Vivendi unscrewed, Ipsen well oriented

Vivendi (-3.42% to EUR 18.2), largest drop in the CAC 40, was convicted by an American jury to have provided misleading information to shareholders in connection with a proceeding initiated in partnership 2002 in the United States by minority shareholders. The New York jury has acquitted the other hand Jean-Marie Messier, CEO of the group of telecommunications and media at the material time and the former CFO Guillaume Hannezo.

Total (2.67% to 41.99 euros).The oil company should take its decision on the future of the Dunkirk refinery by the end of the first half of 2010.

A reconciliation between EDF (+1.26% at 39.52 euros) and Veolia (+2.18% at 24.36 euros) is not on the agenda, said Prime Minister Francois Fillon, adding he continued to favor a gradual departure of Henri Proglio Veolia.

Ipsen (+3.44% at 39.61 euros), the second largest increase of the SBF 120, published Monday sales up 8.2% for the 4th quarter 2009 to 255.3 million euros thanks to its activities in the medical specialty.

PSA Peugeot Citroen (0.55% to 23.77 euros after having opened down 1.73% to 23.23 e uros) confirmed the preventive recall of 97,000 cars for a problem of faulty accelerator pedal that affects also models of Toyota.Saturday a spokesman for the French manufacturer had told Reuters that the recall campaign targeting models Peugeot 107 and Citroen C1 would cover fewer than 100,000 vehicles.

According to information from BFM Sales of new registrations should increase 15% for the month of January 2010. But on the whole year, the Committee of French automobile manufacturers expected a general decline of 20%.

France Telecom (+1.11% to 16.81 euros after a decline of 0.24% to 16.59 euros at the opening). According to The Tribune.fr, the government has been seized by the telecom authority (Arcep) a request for higher rates for operator service providers Internet alternatives.

In 2009, net income of Amazon rose 40% to $ 902 million or $ 2.04 per share. The U.S. Internet provider has presented these figures Thursday after the close of Wall Street, at the same time it announced its net profit for the fourth quarter, which soared 71% over the same period a year earlier, and rising to $ 384 million, or $ 0.85 per share.

During the last three months of 2009, marked by the holiday shopping season, Amazon's sales jumped 42%. Its turnover in the fourth quarter then reached $ 9.52 billion, which is better than expected. Due to a favorable currency effect, sales in the fourth quarter rose more rapidly in international markets (ie markets UK, French, German, Japanese and Chinese, which together grew by 49%) on the northern markets American (36%).But the two geographical areas show a growth rate similar sales since the currency effect is offset, and equivalent volumes.

This dynamic sales at year-end allows Amazon to total $ 24.51 billion worth of sales throughout the year, or 28% more than in 2008 low fee payday loans .

The group attributes this performance to the success of its electronic book reader, the Kindle, released in a hundred countries. "Millions of people now have the Kindle, and those who have a Kindle read a lot. When we have two editions (print and digital), six editions we sell Kindle books for 10 paper, "said Jeff Bezos, founder and CEO of Amazon.

On its forecast for first quarter 2010, Amazon is planning a sales growth of about 32 to 43%.Its quarterly revenue could be up to 7 billion dollars. Over the period, operating profit could rise by 13% to 50%, Amazon said.

The group finally warned that its Board of Directors has endorsed a program of share repurchases by the group, amounting to 2 billion dollars.

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Scenario "mixed" in 2010, Aurel BCG. For the investment company, next year will look like a year of transition, marked by a gradual normalization of interest rates decided by the central banks, and during which growth must learn to stand on its own wings in freeing themselves from support plans of governments.

Buoyed by forecasts of the International Monetary Fund, which reported a growth in world GDP of 3.9% in 2010 – with Asia as the main engine (+9.5% for China and 7.5 % for India) – Aurel Leven provides that the government plans to continue to support recovery activities, at least the first half of 2010.

For the second half of the year, Aurel precludes any recovery scenario L or W.The broker sees a recovery "classic" of activity, namely a recovery of employment and investment after a dynamic side of the business activity. According to Christian Parisot, Director of Research of Aurel, central banks are "very progressive" back their rates. The broker forecasts indicate a refinancing rate to 1.5% at end 2010, the United States and Europe, 2% in the United Kingdom and 0.3% in Japan."In addition, the movement of recovery will give a boost to international trade," said Christian Parisot at a presentation of his predictions for 2010 in early December.

Go back, go back for more

Financial markets later, Alexander the Drogoff, head of technical analysis at Aurel, displays a degree of caution in the first quarter, "markets should shrink during the first weeks of the year, while stock indexes hit areas strong psychological resistance, "he said at the conference.Between March and December 2009, the European stock indices and U.S. have in effect removed between 40 and 60% of losses incurred between September 2007 and March 2009.

Specifically, Aurel table on a retracement between 930 and 960 points the S & P 500 (approximately -15%) horizon three months, before resuming the path gently rising, reaching timidly 1 200 points at the end of 2010. In Europe, the DJ Stoxx 600, around 250 points in late 2009, is expected between 215 and 220 points in the month of February.

In Paris the CAC 40, which hovers around 3800 points since early December, should yield about 5% in three months horizon for refranchir the 4,000 points in mid-2010 and peak at 4300 points by December 2010. On a year the Parisian flagship index would therefore rise by just over 10%. Same forecast Frankfurt the Dax 30 should clinch a little over 600 points in one year, to 6.400 points.Overall, for 2010, Aurel recommends priority areas of distribution and supply in a context of economic recovery. The chemistry, technology stocks and health are also recommended. In contrast, the automotive sector and the activities of banks and insurance are excluded. (INFOGRAPHY 2?)

The Fed played a very

For Aurel, 2010 should not book too many surprises: a priori, only changes in the communication from the U.S. Federal Reserve (Fed) could induce a violent reaction in the bond market and the dollar, but we believe the tightening of Monetary policy will be smooth, "said Christian Parisot. In contrast, 2011, uncertainties, while the fiscal tightening needed to cope with issues of size: the public accounts.Especially as the interest rate long-term risk of straining the economy recovers – Aurel is 4.2% at twelve months, against 3.3% in Europe today – a much higher cost of debt .

The dollar should, according to the Bureau of analysis, continue to strengthen against major currencies after signs of improvement in the U.S. economy. "Now the dollar is now several months since an indicator of risk aversion," said Christian Parisot, adding that when the dollar appreciates, the fear of risk is increasing and the stock markets are penalized.According to Aurel BCG, the dollar should rise further, to the "pivot area" of 1.4625 dollars per euro, "and why not climb to 1.35 in six months," Alexander Legrodoff omen.

Regarding gold, Aurel anticipates a "zone of turbulence", after an explosive year 2009 when the yellow metal has chained record after record, with a zenith at 1210 dollars an ounce hit in early December. "Considering past trends and technical indicators, the gold price is expected to contract 25 to 30% off at $ 1,000, or return the $ 925 threshold in the coming weeks," Alexander the Drogoff supports.

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For the third consecutive month, the French industrial morale remains very low in December. The synthetic indicator of business climate has stabilized at 89 points, down one point compared to November, INSEE said on Friday. The long period average is 100 points.

Chilling, INSEE noted that "the reversal indicator" sense "to detect the earliest possible time the industrial economy turns around," came "in the area indicating an economic downturn."

Business leaders note much of the sector increased their activity increased and stocks far below their level a long period, but observed a deterioration in their global order books and abroad. Their production forecasts are less good.

"The personal perspectives of production are less well oriented in November.The industrial and anticipate a slight slowdown in the coming months, "notes the INSEE.

The index had rebounded after the spring after a low of 69 points in March.

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The Iraqi Oil Ministry has awarded this Saturday oilfield Qourna-2 in western consortium of Russian Lukoil and Norway's StatoilHydro. With 12.8 billion of reserves, Qourna in the south, is the largest of the ten fields for auction this weekend in Baghdad.

Lukoil, StatoilHydro proposed to be paid $ 1.15 per barrel to produce 1.8 million barrels per day.

The French group Total was also a candidate. After failing on Friday another mega Majnoon field (12 billion of reserves), the multinational and thus suffers another setback. After two days of the auction will win the total operating a field much smaller than Halfaya and minority partnership with the Malaysian Petronas and China's CNPC. But as its leaders had repeated, Total was not ready to engage in Iraq at any price.The French multinational denounces discounts on their earnings than its rivals agree in hopes of winning these contracts. Absent from Iraq since the fall of Saddam Hussein's regime in 2003, Total will have to wait before making his return to a country which has the third largest reserves of oil and where the French group was present for decades.

With five fields awarded since Friday, Iraq is certain to occur in the coming years to 4.485 million bbl / d more.

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Next year, South Korea will chair the G20, the group that includes the twenty largest economies in the world. She is so proud that the story would that President Lee Myung-bak has generously sprinkled his victory with Korean journalists on the flight back from Pittsburgh last September.

But the G20 is especially for Korea the opportunity to switch permanently to the big boys. Member of the OECD since 1996, it still suffers from an image of countries whose development it would get rid of. The prospect of the chairmanship of the G20 now gives him the means to take the step that separates the camp from rich countries.

The government does not say. But the past of heavy industry in Korea, automotive, shipbuilding, which earned him once beautiful success in foreign markets, it sticks a little too much skin.The "green growth" advocates now she must give him the tools to turn the page. "It's a gamble on new technologies and innovation," said Lee Dong-keun, Deputy Director, Department of Economics.

Behind the Japanese

The automaker Hyundai knows, like many Korean business leaders, he launches into this race with a long lag behind the Japanese. "But we are confident and ready to fight," he said. "The technology is a challenge that we face at the same time as we are moving increasingly towards service activities with high added value," added Chung Tong-soo, head of Invest Korea, the national agency promotion of foreign investment in the country.

The government were eleven service activities he wants to deregulate, including banks and health.Two very promising market for foreign investors, which ensures the state, are also associated with major projects related to green agenda of President Lee Myung-bak. The details of their participation have not been finalized, but they are "in December," says Yoo Beom-sik, director of international cooperation in the presidential committee for Green Growth. And until the country increasing the economic zones. No fewer than six are currently under construction.

Good news for car manufacturers but also for buyers. The payment of the scrapping bonus of 1,000 euros for motor vehicles delivered in 2009 will be extended to those purchased until December 31, even if delivery takes place in 2010, announced Minister of Industry, Christian Estrosi in Le Parisien this Friday.

Christian Estrosi was reported in mid-October that the government was studying the measure for the automotive industry, badly affected by the economic crisis.

"The customers who order a vehicle before December 31, 2009 will receive the premium of 1,000 euros even if the supply does in the first quarter of 2010," said Minister of Industry Parisien. One detail that is important. So far, it should be delivered and invoiced before the end of the year to receive 1 000 bonus for breaking.Otherwise, the buyer could not receive the premium reduced to 700 euro, applicable from 1 January, which has cooled many consumers.

He added: "Now is therefore the order date and not the billing date which is valid to qualify for the bonus. We wanted this change, first for it benefits the consumer, then to absorb more manufacturers to reduce the amount of the premium.

He also recalled that the premium would go to 700 euros in the first half of 2010 and 500 euros in the second.From 2011, "we will return to the previous situation with a bonus amounting to 300 euros," he added.

He said 400,000 vehicles have already benefited from the premium to scrap today and "we should reach 500,000 by the end of the year."

Christian Estrosi also believes that the super eco bonus will also be a strong incentive, "over the scrapping bonus, since buyers of clean vehicles that emit less than 60 grams of CO2 per kilometer will enjoy a bonus of 5,000 euros" .

Believing that the bonus had saved the French manufacturers, said he expected in return "a very strong solidarity with sub-contractors because they are the ones most affected by the crisis."

The Federation of Industries of equipment for vehicles (Fiev) said in mid-October that it expected a general decline in activity from 20 to 25% in 2009, after starting the year with production falling by almost 50%.

This reduction would result, she says, by a decline in enrollment this year included "in a range between 7 and 10%" of the 107,000 employees of the sector.

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