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U.S. stock markets open up Thursday. The Dow Jones gained 0.53% and the Nasdaq advance of 0.98%. On Wednesday, Wall Street closed slightly higher, achieving withstand a blow of hot oil, including through private employment figures better than expected and the last situation report from the Fed.

The human resources firm ADP said that the U.S. private sector had created 217,000 jobs in February, far more than in January, more than expected by economists. Moreover, as the beige book for the U.S. central bank (Fed) "the overall economic activity continued to grow at low to moderate in January and early February."This situation report was made on the basis of information supplied by the twelve regional branches of the Federal Reserve based on their field observations and contacts with the corporate world before February 18.

Investors, however, keep an eye on oil today. Despite a moderate decline Thursday morning gold prices remain under pressure.In mid-session, a barrel of Brent North Sea traded in London at 115.72 dollars, down 63 cents from the close of the day, while in New York, a barrel of Light sweet crude (WTI) let go 62 cents to 101.61 dollars.

AIG repay the state

On the foreign exchange market, the euro off again down slightly against the dollar on Thursday, traders moved cautiously before the monetary policy decision of the European Central Bank (ECB), which could adopt a more aggressive stance to counter the Inflation in the eurozone.By mid-afternoon in Paris, the euro bought 1.3946 dollars against 1.3867 dollars late Wednesday, after reaching 1.3891 dollars Wednesday, its highest level since early November.

On the macroeconomic front, new jobless claims fell to their lowest level since late May 2008 the United States, according to official figures released Thursday in Washington and identifying the deposit of 368,000 applications for unemployment benefits one week guaranteed fast personal loans.

Productivity gains businesses have been revised upwards to 3.9% for all of 2010 in the United States, according to new estimates from the Labor Department released Thursday in Washington.

At 16 hours will be issued ISM Services February.

AIG: 2.98% to 38.41 dollars

The side of values, the insurance giant AIG American sold its stake in rival MetLife for $ 6.3 billion, a sum that will enable it to repay much of the money owed to government U.S. Treasury said Wednesday the United States.

Apple: 1.27% to 356.58 dollars

Apple on Wednesday unveiled the new version of its tablet computer iPad, with two cameras emptied, one in front and the other on the back.

Citigroup: 1.52% to 4.67 dollars

Spanish bank Santander, the U.S. asset manager BlackRock and a fund run by a former Citigroup, Bob Willumstad, interested in the resumption of consumer credit from Citigroup, the Financial Times reported.The deal could reach two billion.

CME Group: 0.85% to 306.61 dollars

CME Group would launch a service for futures market in London to develop the volume of transactions with emerging countries.

Also note, the SEC, the policeman of financial markets in the U.S., is trying to fight against pay excessive bonuses which, it increases the excessive risk-taking in the field of finance. The stock market watchdog will for the first time, require details of the bonus awarded.

Reconciliations between stock markets around the world do not seem ready to stop. After the marriage of places in London and Toronto, followed closely by the Frankfurt Stock Exchange with Euronext, the head of the New York Stock Exchange, the Paris, Brussels, Amsterdam and Lisbon announced an alliance with the place Toronto TSE.

This new service aims to enable customers of both companies to exchange on both platforms. The CEO of NYSE Euronext, Duncan Niederauer, and the CEO of Tokyo Stock Exchange, Atsushi Saito signed a "letter of intent to identify opportunities that would provide customers of each exchange access markets to the other through a link between networks. "

Thus, the number one fellow said that "customers of both exchanges would benefit from this network to convert multi-format orders that they pass and avoid a costly development work." The Japanese operator, he believes that the partnership "will provide investors from Europe and the United States more opportunities to invest in Asia."

Alliances between stock exchanges are explained by a desire to be more competitive. Incumbents have recently lost market share against new platforms stock alternatives like Chi-X or BATS, emerged following the new rules to liberalize markets. Yet as the barometer Equinox Consulting La Tribune published on Wednesday the costs of negotiations all markets for orders from institutional investors declined only 5% since the new law.

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The French industry was surprised by its strength at year end. Output rose 0.3% in December, after rising 2.3% in November, according to the latest statistics published by INSEE on Thursday. Economists polled by Reuters had forecast a decline of 0.4% over the last month of the year.

"It was difficult to expect the same rate as in November which was marked by a sharp catch up after a difficult month of October," said Alexander Law, chief economist at Xerfi. Excluding the energy sector, manufacturing output has remained stable at -0.1%.

Energy and construction at half mast

These figures conclude a positive fourth quarter for the industry, which has seen production increase by 0.4% from the previous quarter. Compared to the last three months of 2009, the rebound was significant (+5.8%).An increase fueled by all but two sectors: construction (-4.5%) and energy (-15.2%).

In December, the index has not been fired, as in previous months, for automobile production, which remains stable at 0.1%. These are indeed "other transport equipment 'that supported the production, up 6 free business cards.2%. "The production of capital goods went well in December with a 1% increase compared to November," says Alexander Law also.

With rare exceptions such as energy (1%), all other industries appears down to the image of electrical and electronic equipment (-1.1%) or other industries (textiles, chemicals , etc..), to -0.3%.

Conflicting forces

"We believe that industrial production will slow significantly in 2011," said Victoire Dumaine-Martin, an economist at Natixis.The activity should be subject to contradictory forces. It should be drawn on one side by the dynamism of Germany largest trading partner, but restrained from each other by depressed domestic demand in coming quarters.

Other figures published on Thursday, orders to industry in Japan have rebounded 1.7% in December, the first time in four months. Over the same period, German industrial production fell 1.5% due to catastrophic weather. A hiccup that does not undermine the strength of the industry in Germany.

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U.S. equity markets remain subdued on Tuesday. After gaining 0.57% on Monday, the Dow Jones evolves close to equilibrium, losing 0.04% to 12,157 points. The Nasdaq was down 0.25% to 2777 points and the S & P 500 0.16% cowardly to 1317 points. Monday, reassured Egypt U.S. markets ended in green.

Announcements of mergers and acquisitions have also supported the U.S. markets. The internet portal AOL (-3.11% to 20.53 dollars), has announced the resumption of the most famous American newspapers online news, the Huffington Post, with $ 315 million in cash.

For its part, the diversified industrial group Danaher (2.37% to 50.19 dollars) has announced a friendly takeover bid of 6.8 billion dollars on the company specializing in medical diagnostics Beckman Coulter (+0.05% to U.S. $ 82.69), while Ensco drilling specialist proposes to acquire Pride International for 7.3 billion dollars.

On the foreign exchange market, the euro remained slightly higher against the greenback on Tuesday, remaining just above the threshold of $ 1.36 after its decline yesterday, the traders regaining confidence in the hope German industrial production rebound. To 16 hours in Paris, the euro bought 1.3623 dollars against 1.3581 dollars late Monday.

On the macroeconomic front, there is no any major indicator on the agenda of U.S. investors on Monday.Investors await a new salvo of results on Wall Street with figures including Walt Disney for the first quarter.

Earnings down for NYSE Euronext

The side of values, on Tuesday, the transatlantic exchange group NYSE Euronext (-1.21% to 33.35 dollars) posted net earnings down 21% in the fourth quarter, to $ 135 million, affected by a particular adverse currency effects. Operating income, excluding merger expenses and exit costs, amounted to 188 million, down 10% year on year short term personal loan.For its part, the turnover has fallen from 4.21% to 613 million, due to unfavorable exchange rate, which weighed up to $ 19 million, the group said in a statement.

Always on the side of values, a former scientist has been convicted by a federal jury of stealing U.S. secrets to the Dow Chemical (0.74% to 37.90 dollars) for sale to Chinese firms said here Monday with prosecutors. Chyu Liu Wen, also known as David Liu, a former Dow employee aged 74, was found guilty of having gone to China to sell confidential information relating to synthetic materials manufactured by the giant chemistry and biotechnology used in the automotive and construction.A federal jury in Baton Rouge, was found guilty of conspiracy to steal trade secrets and perjury. Arrived in the United States from China as a student, he then worked for Dow Chemical from 1965 to 1992.

Microsoft (+0.29% to 28.28 dollars) would prepare a big bang. According to Bloomberg, CEO Steve Ballmer group will announce a major reorganization of its management team in February.Steve Ballmer wants to promote profiles with high technological expertise.

Sanofi-Aventis (0.87% to 34.90 dollars) on Wednesday expected to show profits in 2010 similar to those of 2009, despite competition from generics, but the presentation of group results Wednesday is likely to be overshadowed by the finalization expected imminently, the purchase of Genzyme (-0.12% to 73.93 dollars).

Also note, the U.S. authorities on Monday presented their proposal to regulate bankers' bonuses and suggested they would do if some institutions attempt to circumvent the reforms. According to the proposal of the Federal Deposit Insurance Corp. (FDIC), half the premiums of leaders of major U.S. banks would be subject to a deferred for at least three years.

The year 2010 has ended in optimism on Wall Street. Over the whole year the Dow has gained 11%, the S & P 500, 13% and the Nasdaq Composite, 17%. Friday, after a little busy meeting, Wall Street has found this wonderful year on a stable tone. The Dow Jones gained 0.07% to 11,577.51 points, however, the S & P 500 lost 0.02% to 1257.64 points and the Nasdaq fell 0.38% to 2652.87 points.

On Monday, U.S. stock markets continue their forward march.In early trade, the Dow Jones gained 0.34% to 11,617 points, the Standard & Poor's 500 advance from 0.85% to 1268 points and the Nasdaq 100 climbed 1.02% to 2680 points.

The ISM manufacturing index program

Over the last week of 2010, Wall Street was supported by a series of macroeconomic indicators of good quality, suggesting an acceleration of consumption and economic growth in the United States. The year 2011 will begin on hubcaps, with a new salvo of indicators due this week could test the optimism of the end of 2010.

The dance of these publications will begin today with the ISM manufacturing index for December 2010. Investors will also monitor this Monday in the U.S., sales of construction spending for November.

Also on this week, figures for industrial orders for November will be released Tuesday, and the next day, the ISM index on the services sector will be announced. The latter is more representative of the health of the U.S. economy as the ISM's manufacturing sector alone published Monday.

Thursday investors will learn the traditional figures of weekly claims for unemployment compensation. Friday, dropping the first estimate of net job creation in December by the Department of Labor and the unemployment rate, calculated from a survey of the workforce.

On the foreign exchange market, the euro was down against the dollar on Monday due to uncertainties still the public finances of most vulnerable countries in the euro zone as Portugal and Spain.Around 11:00 am in Paris, the euro was trading 1.3303 dollars against 1.3381 dollars on Friday night.

Facebook valued at $ 50 billion

The side of values, the investment bank Goldman Sachs has invested in community site Facebook on the basis of a valuation of $ 50 billion, said on Monday the New York Times. The value of Facebook, so far estimated at $ 42 billion, would be higher than that of groups established for much longer, like eBay, Yahoo! and Time Warner, says the newspaper, quoting sources involved in the transaction guaranteed payday loan. Goldman Sachs and an anonymous Russian investor have made some 500 million dollars to the site founded by Mark Zuckerberg.The personal wealth of the latter would end up this way doubled.

The Financial Times for his part said that the microblogging site Twitter has declined in 2008 to a takeover bid of $ 500 million social networking site Facebook.

Difficult start to the year for Apple. Some iPhone users have started 2011 with a failure alarm, the alarm function of the smartphone has been a computer problem with the change of year. According to the BBC, this anomaly has involved occasional alarms iPhone 4 and previous models of the Apple smartphone with the latest software updates. The British newspaper Daily Mail reports that thousands of people arrived late for work or missed trains or planes because of this problem.The alarm function of the iPhone had already experienced difficulties during the transition to winter time.

Google dream of a new digital kiosk

For its part, Google would work on a new digital kiosk designed for mobile devices running its Android operating system, hoping to seduce the newspapers by offering better terms than Apple, said Sunday the Wall Street Journal. Several media groups, including Time (Time Warner), Conde Nast and Hearst have already been approached by Google for this project, according to the Wall Street Journal.Furthermore, Lagardere said Friday evening is in exclusive talks until January 30, 2011 with Hearst on the sale of its flagship news magazine world.

Always on the side of values, the world's number one smart card Gemalto announced Monday it had completed the sale of its payment terminals in VeriFone U.S., the major competitor of French Ingenico. The amount of the transaction, which occurred Dec. 31, is not specified in the statement issued by Gemalto."VeriFone is a leading global payment solutions for merchants and banks side traders, and we, we are champions of payment solutions for consumers and banks that issue credit cards," says Gemalto.

For his part, Saint-Gobain announced Monday the completion of the sale of its "Advanced Ceramics" at CoorsTek U.S. group for $ 245 million, or about 200 million euros.

Also note, four insurers, including Swiss Zurich Financial Services (ZFS), will pay a total of $ 120 million (90.3 million) to settle a dispute with the State of New York concerning overpayments insurance premiums, officials said Monday.

The English are trying to shake up the French market for fast food, dominated by the U.S. McDonald's. The British chain Pret A Manger could quickly establish themselves in France. The management of the company and the investment fund Bridgepoint, the owner, studying his arrival. Their strategy? Immediately propose to the French offer meets their dietary habits and make a name quickly on the territory with a hundred addresses minimum. To achieve this, an acquisition seems a prerequisite. Bridgepoint had also identified potential targets of fast food chains that already have at least a hundred units. They are few in number to fulfill this condition: Potato Bread, Crust and The Class Croissanterie.

"The decision for Pret A Manger coming to France is taken, says a close case.But nothing is done, since the arrival of the chain depends on the success of an acquisition. At this stage, discussions are most advanced with Apple Bread but can still roll over. "Founded in 1980 and acquired in 2004 by Acto Capital (Private Equity Groupama), Pomme de Pain is mainly located in the Paris region. The chain has made more than 60 million euros in turnover in 2009.

Pret A Manger, co-founded by two college friends Sinclair Beecham and Julian Metcalfe, opened its first store in London in 1986, where she quickly became a phenomenon. So much so that in 2001 McDonald's has acquired 33% stake. In 2008, the fund Bridgepoint has taken control of Pret A Manger, for 345 million pounds.

Pret A Manger has approximately 250 restaurants, mostly in Britain. The company also has a thirty addresses in the United States and a dozen Hong Kong.With over 4,500 employees, its turnover grew 12% last year, averaging 280 million pounds. On its website, Bridgepoint said that Pret A Manger wishes to increase its number of outlets by 15% per year and that the chain wants to become "truly global" through a "controlled expansion". Obviously, Pret A Manger will not hear talk of openness. "Do not ask us to open duty-free, because we do not, the company warned on its website. We do not like the franchise. "

Upscale sandwich

"The arrival of Pret A Manger in France can impact all the concepts of fast medium and high-end type Cojean especially those developed by distributors, starting with Daily Monop," said Bernard Boutboul, Director General of Cabinet Gira Council.He said the brand strength is its triangle sandwich bread upscale, which does not exist in France. In addition, the ingredients are fresh, organic and natural, and everything is manufactured locally. A la carte, salads, soups, but also sushi, croissants, baguettes, muffins, raisin, chocolate brownies … Drink: tea, coffee, chocolate, juice and smoothie. "Our wasabi mustard sauce is brown (not green fluorescent), our ham is pale (not pink) and our Maroon dried apricots (not orange)," said Pret A Manger on the Internet, while detailing the number of calories that products it sells.

The Government may be relieved: the Constitutional Council has approved on Tuesday night most of the Finance Act 2011 and the supplementary budget for 2010.

No surprises, then, like last year, when the Sages had censored the carbon tax and reform of business tax for freelancers! This time, the Constitutional Council rejected all the complaints for which the socialist parliamentarians had seized.

The plane of 1% on tax loopholes and the fact that employment at home is excluded, the contribution of 30 euros on the medical state, the levy on low-income housing, transfer of 4 million euros private education, exemption from land premium for autoentrepreneurs were found to conform to the Constitution payday loans with no fax.

However, the Council said that six items had no place in the Finance Bill.Including one important one that limits the fees charged to merchants when a payment transaction by credit card.

Advertising is the buzz at this time of celebration. These days, two pieces of information are especially react on the web. The first of these relates to the German carmaker Volkswagen, whose last TV spot reacted all fashion bloggers. And for good reason: Karl Lagerfeld is the protagonist.

It was in German as the artistic director of Chanel touts new Polo and Golf models. Camera in hand, the creator of these enraptured many cars he would move from Paris to Milan. But his hopes are showered by Giabiconi Baptist, his muse and assistant in the advertising, who whispers in his ear that the models in question will only be available for the German market."They deserve to be in Paris," said Karl Lagerfeld, so, disappointed.

Karl Lagerfeld renews with the auto sector, two years after he donned the yellow vest for road safety in France. In Germany, the advertising, broadcast from December 22, continues to talk about her. So much so that the leadership of Volkswagen considering the decline in other media including Internet, print and display.

Gillette goes to Woods and Henry

The other ad news this year for Gillette. The mark of the U.S. group Procter & Gamble announced in its way as Tiger Woods and Thierry Henry embody more "masculine perfection." Their contracts for the Gillette Champions campaign, ongoing since 2007, will indeed not renewed their term on December 31."The Gillette Champions program will end the first quarter of 2011, said Michael Norton, spokesman for the group. Gillette Champions was created by the famous brand of shaving accessories namesake in 2007 and, like any brand, we update our marketing efforts to match our consumers, "he said simply.

Both athletes appear in several commercials alongside the Swiss tennis champion Roger Federer:

No information about the future of tennis at Gillette advertising and footballers Kaka and Lionel Messi has been unveiled. But one thing is certain: for all these sports, the end of the Gillette Champions campaign will result in a significant cut in their income. Thierry Henry's contract with Gillette was 5.6 million euros per year. It was around 8 million for Federer and Woods.The latter will suffer most from this decision. Indeed, his marital problems, which have already cost contracts AT & T and Accenture, its revenues have shrunk from 35 million.

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Plan Epargne Logement (PEL) will undergo a facelift. The Minister of Economy and Finance militates in the direction of reform of the property interest whose remuneration is fixed on arbitrary criteria since 1969. In an interview with Les Echos, Christine Lagarde has indeed announced its intention to make the ELP "more attractive, more popular so that households have an effective tool to build their personal contribution to a housing project." This reform proposal must be defended Wednesday's cabinet meeting, said the business daily.

It must be said that the ELP, largely forgotten housing reforms and savings, is "losing momentum," said the minister.In 2003, such investment accounted for 16 million cardholders, and this figure rose to 11 million today "and at the same time, stocks have declined from 227 billion to 176 billion," added the minister.

Attractive remuneration

In fact, to attract investors Bercy plans to establish a new formula for determining the rate of PEL determined by expectations of long-term rates for banks and revised annually. Specifically, in periods of high rates, the new PEL will offer an attractive remuneration with the opportunity to purchase a less expensive conventional loans from banks. Christine Lagarde said that if the new rate calculation was applied in the last seven years, the remuneration of the PEL was an average of 2.90% instead of 2.50%.

Regarding the conditions for obtaining loans "they remain the same," said the minister.Another point of interest, the ELP is not subject to income tax.

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The budget for 2011 employment center could pour oil on fire. The Director General of public establishment, Christian Charpy, has announced Thursday the removal of 1800 jobs by the end of 2011, while employees are already complaining of being bogged down by work. In detail, 1500 CSD will not be renewed and 300 permanent positions eliminated. The draft state budget for 2011 does allow the continuation of the subsidy to the employment center at the same level as in 2009 and 2010, but not DDC or assisted contracts in addition to the permanent staff of employment center to meet the influx of unemployed.

"I announced the situation for several months and warned that employment center would contribute to the reduction of public deficits", justified Christian Charpy Thursday night.Highlighting the reorganization "successful" of the public institution and the fact that jobless claims have steadily increased, the employment center director considers that it is now possible to "make a number of ways that we had exceptional was granted in 2009 and 2010.

"Growing unease"

However, a very unpopular decision Thursday by the unions, which had previously called the employees to go on strike Tuesday, November 9 in protest against the "growing unease" and the deterioration of their working conditions. "This announcement is seen as unacceptable a real aggression against employees" have responded well all the nine unions that sit on the Central Works Council (CEC).Trade unions have therefore requested the next meeting of a special CEC.

Last week, the publication of results – mixed – in consultation with users of employment center would improve the image of public service. According to the study initiated by the Secretary of State for Employment Laurent Wauquiez, 80% of job seekers believe indeed listening to their advisers, although only 52% are satisfied with their employment support. For their part, employees of employment center slam of "wallets" of job seekers provided too, and failures of fusion ANPE-Unedic.

Despite the reinforcements of personnel provided by the state at the height of the crisis, the Director of Cluster Employment in effect admitted Thursday that each counselor followed on average over a hundred job seekers.According to figures released by the Paris last week, the same charge would amount to nearly 300 unemployed per counselor in some areas particularly affected by unemployment, especially in communes of Seine-Saint-Denis. While unemployment has generally stabilized in 2010 without reflux, deletions announced Thursday should not fix the situation.