Archive for the ‘world’ Category

The Kindle boosts Amazon results

January 29, 2010 - 1:45 pm Comments Off

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.

"IPad: strengths and weaknesses of the Apple tablet

The Paris Bourse remained in negative territory

January 27, 2010 - 6:13 pm Comments Off

The CAC 40 fell back into the dark red. After a morning spent in sharp decline, the index in Paris was trying to recover. The index began in Paris plunges more clearly in the red at mid-session.

Around 1530, ACC fell 1.26% to 3.7591,15 points.

"The results of U.S. companies in 2009, better than expected, are completely ignored by markets that focus on three issues: Obama and his banking project, the re-appointment of Ben Bernanke to head the Fed and the organization of economic slowdown China by the Beijing authorities, "said Xavier de Villepion, fund manager at Global Equities.

This decrease in the overall rating takes place amid concerns over banks, while in Davos, experts discuss the modalities of regulation put in place in this sector."Investors fear that they reduce their size or they are prohibited from carrying out activities on their own funds," says Alice Lhabouz, manager Turgot Asset Management.

The morale of French stable consumption in Germany decreased

The publication this morning by the INSEE, a stabilization of the morale of French households had no impact on investors. The moral of households has remained virtually unchanged in January, the indicator is measured taking 1 point to -29 points, sharply up from the lower reaches in late 2008 but still below the average of the last fifteen years.

From the industry side, INSEE also announced that "the balance of opinion on the overall demand in the fourth quarter picked up strongly, thus approaching its long-term average.For the first quarter 2010, demand prospects remain however below the average long-term view of industry expectations.

The corporate failures of August 2009 will, they are known in 12 hours. After Exchange, 18 hours, Pole employment must disclose the number of requests and offers of jobs in December. Globally, the International Labor Office (ILO) has provided figures on employment depressing. "The number of unemployed worldwide reached almost 212 million in 2009 due to an unprecedented increase of 34 million compared to 2007, the eve of the global economic crisis," says the ILO.

In Germany, consumer prices fell 0.6% in January, posting a year increased 0.5%, said Wednesday the Statistics Bureau of Land. In December, prices had risen by 0.8% over the month as the year.

In the United States, all are attentive to the conclusions of the Monetary Policy Committee of the Fed that interest rates will at 20:15. Before that, Americans will unveil the promises of home sales in December (16 hours) and the weekly oil inventories (16:30) free business cards .

Risk arbitrage STMicroelectronics

As for values, STMicroelectronics reported Tuesday after market loss of $ 70 million in the fourth quarter, or 8 cents per share, against a loss of $ 366 million (42 cents per share) a year earlier. But this figure is below expectations of analysts.In exchange, having been one of the few titles CAC 40 to receive up to the opening (0.82%), the action was down in red, mid-session: — 1.20% to 6.03 euro).

Apple must introduce a new product on Wednesday the United States. It should be a new eBook reader electronic touch and connectable to the Internet. France Telecom (-0.53% to 16.77 euros) through Orange and Vivendi (-1.51% to 19.25 euros) via SFR should look at the new "toy" of the Apple brand.

Thomson (-2.82% to 1.03 euros) meets on Wednesday a special general meeting to discuss the restructuring of its debt and the adoption of its new name, Technicolor.

Spir Communication (-1.23% to 21.71 euros) on Tuesday reported a further decline in sales in the fourth quarter, down 11.4%.

Rusal, the Russian mining group, is listed first in Paris and Hong Kong.The group was not well received on the Chinese markets. He lost 10% in early trade. Investors have booked him in Paris the same cold reception: the title lost 11.10% to 17.70 euros.

Areva (-2.24% to 338 euros) and GDF Suez (-0.44% to 28.08 euros) would be full discussion for several months to conclude a partnership in nuclear power, confirming a report in Les Echos. Cependat No information has been taken in this regard.

Klepierre (-2.91% to 26.66 euros) Tuesday announced a turnover in 2009 increased by 22.6% to 246.5 million euros.

AXA (-0.77% to 15.40 euros) recorded an increase of 11% of its turnover in 2009 to 24.5 billion euros.The growth was 14.5% in life insurance.

Inter Parfums (+0.83% at 18.12 euros) for its part, announced a turnover down 6.2% at constant rates for 2009 to 259.2 million euros.

M6 (-0.03% to 19.12 euros) Lafuma (+0.33% to 11.99 euros) should publish their figures for the fourth quarter after market close.

Eiffage (-1.64% to 39.38 euros) will publish its balance sheet in 2009.

Note that the bank this morning are especially misguided: BNP Paribas (-1.04% to 52.15 euros), Credit Agricole (-1.35% to 11.71 euros) and Societe Generale (-0.85% to 43.15 euros) saddled the index, in a heated in Davos.

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Aurel BCG provides a 10% increase on the ACC in 2010

December 31, 2009 - 7:19 am Comments Off

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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Brussels bends Microsoft

December 16, 2009 - 5:35 pm Comments Off

The European Commission was investigating since January 2008 on possible abuse of dominant position by Microsoft in Internet browsers. If Brussels is to end its investigation, the U.S. giant had to make heavy concessions, agreeing to provide European users with a choice of internet browser to its Windows operating system, then ships only with browser: Internet Explorer.

The lawsuit, initiated by Opera Software, a competitor of the firm of Steve Ballmer, was motivated illegal competitive advantage that the systematic incorporation of Internet Explorer to Windows would have given Microsoft.

Internet Explorer will suddenly face competition

The latter agreed to five years to propose to all European users in Windows versions XP, Vista and 7 to choose their browser.Firefox, Opera and Chrome, the three major browsers Internet Explorer competitors are rubbing their hands when you know that Windows team 90% of PCs worldwide.

Manufacturers of computers equipped with Windows in factory can also completely disable Internet Explorer and install a competing browser.

Microsoft chose to make concessions, risking a fine that could reach 10% of its annual turnover worldwide, is a mere 6 billion euros in fines.

"Millions of European consumers will benefit from this decision with the choice of browser they use," welcomed the Competition Commissioner Neelie Kroes.

The Paris Stock Exchange ended down 0.74%

December 9, 2009 - 11:00 pm Comments Off

After hesitating, the CAC 40 fell in early afternoon after falling from the perspective of the debt of Spain. The flagship index of the Paris Stock Exchange closed down 0.74% at 3757 points, erasing some of its losses in the wake of Wall Street, which came in the green for a surprise cut stocks U.S. crude oil.

After degradation, yesterday, by the Fitch rating of the debt of Greece, the rating agency Standard and Poor's said Wednesday it lowered the outlook for Spain to "negative" cons "stable "Now his notes from" AA + ". S & P expects "GDP growth significantly lower fiscal deficits and persistent" for Spain.For 2010, the Spanish government expects the public deficit represented 8.1% of GDP.

The sharp downward revision of Japan's growth in the third quarter (+1.2% to +0.3%) also urges caution.

In the United States, the U.S. Treasury announced the extension until October 2010 bailout of banks (TARP), a budget line of $ 700 billion, passed in October 2008, which was also used to bail out the auto industry .

Summary of values

On the Cac 40, only five values are displayed in green. Unibail rose 0.99%, 0.30% EDF, Bouygues of 0.18%, Air Liquide of 0.10% and Suez Environment of 0.03%.EDF announced on Wednesday that it will participate in a tender for the construction of several nuclear reactors in Abu Dhabi, via a consortium with GDF Suez (+0.55%) which held the reins.

Alcatel-Lucent, Lagardere, Vallourec and Peugeot yield more than 2%. Axa closes walking and cowardly 3.98%. The meeting is also painful for ADP, down 3%. In a statement released Wednesday, ADP has lowered its performance outlook for 2010, now expecting to achieve an EBITDA of between 850 and 880 million euros, while the previously anticipated between 900 and 960 million .

EADS yields 1.02%. According to Les Echos, the group may be removed from the Galileo project for the benefit of HBO. This has indeed been selected for a first batch of 8 satellites in the 22 remaining building. For other lots, the European group will agree to make sacrifices.

Areva lost 4.44%.Its president, Yves Martin, will be at 11.30, a hearing on the international strategy of the nuclear group to the Foreign Affairs Committee of the National Assembly.

Mercialys fell by 2.73%. The group will enjoy the next change of SBF. The company created by casino will integrate the SBF 120 index after the close of the meeting of December 18.

Derichebourg gaining 3%. The group noted, under the 2008-2009 fiscal year with a current operating loss of 5.4 million. The second half ended September 30, earnings reached 25.2 million for a turnover down 43% to 2.4 billion euros.

Compagnie des Alpes (-0.66%) said Wednesday it had acquired 90% of the company operating the ski resort of Les Deux Alpes.46 million euros have been disbursed for this operation, conducted by a consortium of Compagnie des Alpes has 60%, Caisse des Depots 19%, the Banque Populaire des Alpes 12.6%, and Caisse d'Epargne Rhône Alpes 8.4%.

3G network: possible sanctions Arcep

October 27, 2009 - 1:48 pm Comments Off

The Regulatory Authority for electronic communications and postal services would intend to notice the two operators SFR and Orange (France Telecom subsidiary) to complete their networks of third generation mobile (3G) in France, under penalty of a fine record, according to the daily Les Echos.

In case of insufficient coverage of the French population in 3G network. In August 2009, the mobile network SFR 3G covered nearly 80% of the population then it should have covered 99.3%, according to the obligations of the license. As the Orange 3G network, it covered 83% of the French population in late September when he should have covered 98%.The two operators had obtained their licenses mobile third generation – UMTS license – in 2001.

As provided in the Act to modernize the economy since 2007, Arcep could, if the operators fail to comply, impose a penalty of up to 600 to 700 million euros per operator. Such a fine should push the two operators to act and to increase national coverage or at least encourage them to think seriously.

Constant pressure on Arcep

The digital development planning is a growing concern among French and their elected representatives, who exercise a constant pressure on Arcep to make it comply with the commitments made by operators in obtaining their licenses.The network coverage of Bouygues Telecom, which won the third UMTS license a year and a half after Orange and SFR will be verified later, again according to Les Echos.

Both operators will nevertheless defend keep the ill will in recent months. SFR said that the delay in the coverage area is due to technical difficulties of reusing frequencies from 2G to 3G while Orange himself, highlights the difficulty of installing antennas for the delay.

This case must surely be followed closely by the applicants for the fourth mobile license, while the debate is currently raging on the details of its acquisition.The Bouygues Telecom has announced on Wednesday it had filed two appeals with the State Council to challenge the award procedure for the fourth license for mobile phones it deems anticompetitive.

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