Wall Street resumes
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.