Posts Tagged ‘opinions’

Cisco Internet revolutionizes

Posted in news, people, publications, special, technology by admin on March 10th, 2010 | Comments Off

The Internet of tomorrow is on track. Cisco Systems on Tuesday launched a new twelve times more powerful than its competitors. Its name: the CRS-3.

The U.S. telecom equipment shows its capacity of 332 billion bits per second, indicating that it is possible to download the entire Library of Congress in a second. Or for a billion people watch a video simultaneously. This service delivers "the foundations of the new generation Internet," says John Chambers, Cisco's boss.

The operator AT & T has tested "successfully" the device in the context of testing a "backbone" – the core telecommunications network to interconnect networks smaller – a 100 gigabits between New Orleans and Miami guaranteed high risk personal loans . A world premiere.

This announcement comes almost a month after the internet giant Google has announced its intention to become a pioneer of Internet access at very high speed installation in the coming months networks hundred times faster than ISPs exist in the United States.

Around 18:30, the Cisco Systems shares lose more than 0.15%, to 26.1 dollars, after having degraded to about 1% just before the announcement. "Investors had anticipated this announcement at least one day before," said one analyst.

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It could be that you just hate paying so much for car insurance and would like a better treatment from another company than the one you are getting now.

The CAC 40 should well start the week

Posted in finance, international, money, news, people by admin on March 8th, 2010 | Comments Off

The Paris Bourse is scheduled to begin this week on an optimistic note. The future CAC 40 up 0.63% at 3934.50 points, an hour of opening, leaving hope for a session in positive territory. The Paris markets should broadly follow the movement driven by Asia Market earlier this week. The Japanese Nikkei closed up sharply (2.09%), carrying with him all the financial centers of the region.

This optimism comes from the U.S. figures for employment, less bad than expected, published Friday (36,000 jobs destroyed destruction cons 50,000 expected). Statistic reassure markets that see it as a sign of recovery very explicit. Especially as the consumer credit in the United States also sets out again on the rise (4.96 billion dollars in January). Both information had enabled the Cac 40 to exceed the 3900 points at the close Friday.Maintaining this level will be one of the objectives of investors on Monday, before setting off to the 4,000 points.

Japan, meanwhile, announced Monday a current account surplus (899.8 billion yen), compared to the deficit recorded last year in the same period (132.7 billion yen).

On Monday, markets will keep an eye on the index of business sentiment of the Bank of France, published before the commencement of trading (8.30). German industrial production for January will be known 12 hours.

EADS in the collimator

The defense group EADS said on Friday reached an agreement in principle with client countries on the financing of the military transport plane A400M. This also held Monday in Paris a crucial meeting on the fate of the military plane, which displays almost four years behind the counter.

The director general of Crédit Agricole, Jean-Paul Chifflet, revealed in an interview with Le Figaro, his long-term goals. "If we find other opportunities for collaboration to reduce intermediation costs for our customers, we will. With the Company generally or with others, "he said as well. This information may affect the securities Societe Generale and BNP Paribas.

In an interview with Le Figaro also Antoine Frerot, CEO of Veolia, reaffirms the group's objectives, including "after-tax profit of at least 9% and operating profit up 4% on average annually.

The central works of extraordinary total stands Monday.Employees of Dunkerque, on strike since January 12 this year, threatening to spread the oil available to them if management does not accede to their demands.

As for publications, Biomerieux announced on Monday a net profit in 2009 of 148 million euros, above expectations. The group table for the period 2010-2015, an average annual growth of between 7% and 9% at constant exchange rates.

The annual results of cements French gather today. Just as those of April, after market close.

Wall Street has ended around equilibrium

Posted in features, opinions, publications, special, technology by admin on March 5th, 2010 | Comments Off

After three sessions of gains, the U.S. markets have found equilibrium after having been driven for much of the meeting, with good statistics.

At the close, the Dow Jones ended down 0.09% at 10,397 points, the Nasdaq ended in perfect balance, to 2281 points while the S & P 500 ended with a tentative increase of 0.04% to 1119 points.

However, the U.S. private sector has destroyed 20,000 jobs in February, which represents the net number of redundancies, the lowest since the beginning of the fall in employment two years ago, according to the monthly survey released Wednesday by the cabinet ADP . This is consistent with the median consensus forecast of analysts.

And the destruction of jobs in the private sector in the United States have continued to slow in February, falling to their lowest level since the beginning of the fall in employment two years ago, according to ADP.And activity in services in the United States, which accelerated more than expected in February, to 53, its highest level in over a year.

But even if the austerity plan announced Wednesday by Greece reassured, "some fear that if Greece is doing, markets n'aillent look to other problem countries in Europe. This is something that must be taken into account throughout the year 2010, "Rick Meckler moderates of LibertyView Capital Management. At 18 hours, the Dow Jones gained 0.31% and 0.37% on Nasdaq.

Furthermore, the Beige Book Fed confirmed the scenario of slow growth in the United States in 2010.

Oil prices gained more than a dollar Wednesday, boosted by a bout of weakness in the dollar and signs of a rebound in consumption of fuels in the United States, even if otherwise crude stocks rose sharply last week.The barrel of Brent North Sea crude for April delivery gained 84 cents to 79.02 dollars compared to the closing price on the InterContinental Exchange (ICE) in London easy payday loans .

The euro goes off in higher Wednesday, supported by the austerity measures announced by Greece. The single currency back above the $ 1.37 dollar to 1.3727 (1.3%).

On the values front

At the close, the biggest capitailsations have lost some ground they had gained earlier in the meeting.

The maker of construction equipment Caterpillar took 0.76% to 58.59 dollars, the aluminum producer Alcoa 0.76% to 13.34 dollars and industrial conglomerate General Electric 0.88% to 16.04 dollars .

The title of the pharmaceutical company Pfizer has lost 1.65% to 17.31 dollars.e pharmaceutical group is preparing to launch a bid of nearly four billion dollars for the German manufacturer of generic drugs Ratiopharm GmbH, reported Wednesday several sources close to the situation. In its wake, are the values of health have weighed heavily on the trend.

The specialist mining equipment Joy Global has published forecasts welcomed by investors, as the climbing 5.85% to 54.51 dollars.

Group Title Barrick Gold Gold rose 1.75% to 40.16 dollars.

The title of the software company Novell has soared by 28%, to 6.08 dollars.The investment fund Elliott Associates offers to buy the entire group with an offer of 5.75 dollars per share in cash, for a total market capitalization of two billion dollars.

Costco Wholesale (-1.14% to 60.7 U.S. dollars) has reported a quarterly profit up supported by a resurgence of attendance. For its second quarter ended February 14, 2010, Costco posted a profit of $ 299 million, 67 cents per share, against 239 million, 55 cents per share, a year ago.

Ford: first annual profit since 2005

Posted in economy, international, life, money, top news by admin on January 29th, 2010 | Comments Off

This is without state support that Ford has managed to overcome its difficulties. The U.S. manufacturer announced Thursday it had made a net profit of 2.699 billion dollars over the full year 2009. A performance to be compared with the heavy loss of 14.766 billion harvested in 2008. Over the year, turnover was down to 138.1 against 118.3 billion in 2008.

The group included supporting a very successful fourth quarter. Over this period, the second largest U.S. behind General Motors reports net earnings of $ 868 million against a loss of about 5.978 billion dollars a year earlier. The per share earnings is 25 cents, hardly less than the 26 cents analysts who had forecast. Over this period, revenues totaled $ 35.4 billion against 29 billion a year earlier, an increase of 22%.

Before the opening of Wall Street, the title jumped 2.68% to 11.86 dollars.

$ 500 million quarterly savings

To obtain this result, Ford has relied on reducing structural costs of automotive business payday loan . A total of 500 million dollars were saved in the fourth quarter. The group did not hesitate to pursue a higher price for its vehicles. His arm Ford Motor Credit has contributed to higher profits in this period with a profit before tax of $ 696 million against a loss of 372 million in 2008.

Ford is the only manufacturer of the "Big Three" of Detroit (with General Motors and Chrysler) have not gone bankrupt. It is reassuring for the future and plans to write "a profit before tax and excluding exceptional items for 2010, without specifying numbers.In addition to profitability, the group is including a U.S. car market between 11.5 and 12.5 of vehicles this year. In the year 2009 in the United States, sales at Ford fell 15.4% to 1.68 million units. Note that, after hesitating a large part of the morning, the Paris Bourse is moving more strongly in the green then qu'affluent results of U.S. companies show no surprises.

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Lagarde loose Proglio

Posted in economics, life, people, publications, resources by admin on January 24th, 2010 | Comments Off

An embarrassed government, opposition ulcerated, and now a board of directors of Veolia tense. The case Proglio endless making waves. During the television show "13.15 on Sunday" for France 2, Christine Lagarde, Minister of Economy and Finance announces that Henry will leave Proglio Veolia. "Do not [this combination] lasts forever. He has also admitted before the commission meetings, "she said on France 2.

The Foreign Minister welcomed the abandonment of its allowances at Veolia: "Well, frankly." I hope the controversy will die because he was really cut out. I hope he will be able to devote all his energies to the service of EDF, "pleaded Christine Lagarde.The tenant Bercy has also stressed that the EDF Group is "the one in which Henri Proglio operational functions, so there is no accumulation of operational functions.

The double cap Proglio also sow confusion in Veolia. In an article published Sunday, Le Parisien revealed that heavy atmosphere prevails on the board of directors of the company, formed a few large employers past or present CAC 40 as Daniel Bouton, former chairman of Société Générale, Jean Francois Dehecq, CEO of Sanofi Aventis and Baudouin Prot, CEO of BNP Paribas.

The next Board of Directors of Veolia will be "sports"

Three main reasons. The first: the departure of Henri Proglio at EDF payday loans for bad credit . "When we announced his departure for EDF in September, the surprise was total.Nobody had been taken into confidence "surprised an administrator. Having understood that the CEO of EDF wanted to keep the steering Veolia "to better control the account information 2010 and its reconciliation projects with EDF," said a source quoted by the Journal du Dimanche – they just regret " have been presented with a fait accompli and that everything is played "out of them, between the Elysée and Henri Proglio, according to administrators quoted by Le Parisien.

Another cause of unease: the renunciation of Henri Proglio 450,000 euros for his annual visit to Veolia. Le Parisien tells us that at no time administrators have been informed of this refusal, while standing on the same day a council. "We did not appreciate the news on television tonight.This concealment is not like Henry, "laments one of them, quoted by Le Parisien.

Finally, the proposed merger between EDF and Veolia does not convince the directors who qualify, like Jean-Pierre Jouyet, chairman of the AMF, the "Baroque".

The real malaise in the board of directors told to one of its members that the next board will be "sport".

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Porsche debuted on French television

Posted in events, life, people, top news, world by admin on December 4th, 2009 | Comments Off

"And soon it will be like Citroën: the air conditioning for 1 euro more. Where is it? ". On the automotive forums, the news did not pass. Porsche diffuse spot on M6, BFM TV, LCI, Paris Première and ITV to sell its Cayman and Boxster S? Almost unimaginable yet true.

For the first time in France and since mid-November, the Stuttgart manufacturer has opted for a TV advertising to sell a vehicle. His last appearance on the screen goes back to 2000 but at the time, it was a pub where Porsche boasted the success of the band!

This time, he must sell. This is why the German broadcasts a spot almost disappointing simplicity where a car rolls, filmed from all angles, with a traditional voice. Work is yet signed the chic Parisian agency Dufresne Corrigan Scarlett, who manages the brand communication for 10 years.Criticized on the form, she said it is difficult to advertise for a sophisticated sport when the Regulatory Authority's professional advertising bans motor noise or incentives to speed. "For designers, it's hell," says Olivier Bouas Lawrence for Development.

"Watch the video spot:

Despite the size of the challenge is that the agency has proposed launching a campaign builder, "because we've noticed that see a Porsche in motion is less frustrating than to see the frozen ice on paper" Franck Lachaize said innocently, and CEO of the agency. "Anyway, the issue is not whether the creation is good but if the message of accessibility of the brand is perceived, slice Bouas Lawrence Olivier.

Breaking the myth

The message in question is more surprising that the spot itself.Porsche has for the first time on television on a payment by installment. It is an offer of financing lease with option to purchase (LOA). The Cayman S is offered at 550 euros per month for 36 months after a cash contribution of 19,262 euros in first rent and then the final payment of a check for 32,436 euros. Total cost of vehicle: 71,693.22 euros TTC. The sales technique, based on that average range of manufacturers, shocking the purists.

For management marketing group, no controversy. "In the public mind, our prices are 20% to 30% more expensive in reality. With this LOA, we wanted to challenge, to prove that driving a Porsche is possible.It is true that not used to seeing it on the high end, but it must change, "is justified Henckes Colas, Head of Marketing of Porsche France.

Raking in the wider public

Since the launch of advertising, management chasing rumors circulating on the net, accusing her of selling Porsche cars and demystify the mark. "This is false. We do not allow ourselves to surrender. Moreover, the spots are very focused and does not concern the general public, "he defends Colas Henckes.

But the speeches can not hide reality. So far, the brand did not need to appear on TV to inspire envy. The crisis has changed things. Porsche should boost sales of its Cayman and Boxster S, segment 2 seater coupe and roadster in difficulty reflecting lower sales by 35% between 2008 and 2009."It is true that we must be more aggressive in times of crisis," says marketing manager, who welcomed the passage of the arrival of new types of customers despite a highly targeted media plan. "Television is a magical medium," says Franck Lachaize, director of communications agency.

Porsche is now obligated to match the methods of BMW, Mercedes and Audi, who compete in multiple segments. A shift in brand communication, which marks the end of an age-old marketing strategy based on discretion.

Spun off

This turn is motivated by the results fell into the red. In fiscal year 2008/2009 ended in late July, the German said sales fell by 12% to 6.6 billion euros. Production fell 27% to 76,700 cars and accounts have resulted in a net loss of 3.6 billion euros.

In addition to the crisis automobile manufacturer has trouble swallowing the loss of the battle he engaged in Volkswagen (VW) for the acquisition of the latter. It eventually will become VW owns 49.9% of Porsche by 2014. The failure of this merger has boosted the net debt from 3.1 to 11.4 billion euros in 2008/2009 due to the transfer of much of its options on VW shares for a value far below the purchase price. This deconsolidation, recorded in the accounts for 2008/2009, will continue. It will result in a loss of "several billion" in the year 2009/2010, according to Chief Financial Officer Hans Dieter Poetsch.

Only solution based on a recovery in sales "during 2010". To sell, must go on television. Even when called Porsche.

The French are more efficient at Christmas

Posted in economic, events, finance, life, special by admin on November 12th, 2009 | Comments Off

New Christmas rigorous perspective. For the second consecutive year, the budget for Christmas and New Year would fall. An EU study, Deloitte, 34% of the French intend to spend less in 2008 for their Christmas shopping. And only 15% expect to increase their budget for gifts, meals and entertainment. In total, they spend 3.5% less than last year, and will make less of gifts: 10 on average from the 1795 French surveyed, one fewer than in 2008. Among the victims of this greater selectivity: colleagues, friends and extended families, more and more often denied this.

Paradoxical because the French are still a majority did not declare themselves to be affected by the crisis, not to be worried about their jobs and remain confident about their income."The explanation lies in their morale is very low, analysis Gilles Goldenberg, a partner at Deloitte. The psychological barrier is the major factor holding back consumption, ahead of the desire to build savings. "

Admittedly, unlike the Italians, Romanians and Slovaks, few French dare start until January to buy Christmas presents at bargain prices. But the pessimism surrounding will change their buying behavior by 24 December. 30% of them have and offer gifts … hand. "Especially young consumers and graduates of higher education, provides Gilles Goldenberg. This reflects their high rate of Internet use, where you can easily find sites specializing in used goods. "

Gifts Used

Meanwhile, the widening gap between the presents that the French would receive and those they intend to provide.On the one hand, they prefer to receive money, clothes or gift certificates. On the other, the same plan to donate books. "It's the gift that costs the least," said Gilles Goldenberg. Then there are perfumes and cosmetics, then CDs and DVDs. Consumers seem to have anticipated the phenomenon. They are almost 20%, two times more than in the rest of Europe, to consider selling their Internet presence.

The authors of the study are however positive signs. "Last year, statements of intent to lower purchases were 5.1%, they are less negative this year, relativizes Gilles Goldenberg. Hopefully, this deceleration of pessimism is the first sign of rebound. "

Until Christmas 2010, consumers do not plan to resume their old habits.They will focus more and more useful to the frivolous, the sustainable ephemeral, and expenses reflected in the impulse buying. Even young children will pay the price. Their parents have them offer educational games and books, rather than dolls, games consoles or remote-controlled cars.

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AIG renews difficult to profitability

Posted in Uncategorized, business, economy, opinions, special by admin on November 6th, 2009 | Comments Off

The insurer and financial services provider American International Group has introduced a profit of $ 455 million in the third quarter, earnings per share of $ 0.68, which remains well below market expectations. Adjusted EPS reached $ 2.85.

In the third quarter of 2008, the group had recorded a loss of 24.47 billion dollars, which had propelled the brink of bankruptcy.The U.S. State then had paid nearly 180 billion dollars in aid, partly through loans to save a world leader in insurance.

The statement said that the derivatives portfolio of AIG Financial Products was reduced by 13% compared to 1300 billion as at June 30, 2009.

The summer rally that propelled the markets to their highest annual will not rise enough to make sufficient investment value of the group, as falling from 10% to $ 35 in trade pre-market trading.

The Americans found the taste of business in Russia

Posted in economic, economics, finance, news, world by admin on October 24th, 2009 | Comments Off

After the visit of Hillary Clinton in Moscow, the U.S. business community hopes that the doors of the Russian market will open wider to investors. Witness the normalization of US-Russian relations, a first joint working group dedicated to economic issues met last Friday in Washington.

This initiative, coupled with the presence of large U.S. employers in recent business forums in Russia, raises many questions and some concerns, the European side. Europe remains by far the biggest investor in Russia.

While an EU-Russia council was held today in Luxembourg and the Twenty-Sept slowly resume their bilateral dialogue, blurred by the war in Georgia, Washington advance his pawns.

Political Stability

Trade between the two countries reached 36 billion dollars in 2008."For years we have criticized Americans for not pushing hard enough in Russia. Things are changing, and this largely through the election of Barack Obama, "said Andrew Somers, president of the American Chamber of Commerce in Russia.

In an interview with Le Figaro, the representative of American business lobby is convinced of the "potential" that holds the country and put on a revival of the national economy in 2010. This year however, the GDP should fall by 7.5%, according to the IMF. "Having been hit the last and hardest of all developing countries, it is normal that Russia is also the last to emerge from the crisis.And it has natural and intellectual resources that are extraordinary simply impossible to ignore, "Judge Andrew Somers.

The latter, which also boasts the "political stability" are soft against economic choice of Vladimir Putin. While most analysts accuse Russia of having fallen asleep on oil reserves when the price of crude burning without any modernized its infrastructure, it considers that this mattress inflated black gold has allowed it, at the crisis, to buy social peace and stabilize the ruble. After a descent into hell, the domestic currency against the dollar reassessed.

Oil Siberia

For the president of the American Chamber of Commerce, the market for consumer goods, public works with the prospect of the Olympic Games in Sochi in 2014, and of course the energy are most promising.Recently, the Russian Prime Minister invited, along with Total, Shell and other BP, U.S. oil majors to Yamal, a land saturated with hydrocarbons located in the North. In return for transferring their technology and their know-how, Moscow promised to give them access to the exploitation of Siberian fields. But scalded by the misadventures experienced by Russia in Shell and BP, these promises of openness convince half the investors who are wary of government intervention untimely. Most recently, the boss of the group Rosfnet Sergei Bogdnatchikov, urged the Kremlin to restrict the granting of licenses to Western companies.

The Russian press also speculates on a possible withdrawal of American Conoco Phillips stake in Lukoil. "Companies are waiting to see what the conditions for investment.There are risks and companies must manage, "says Andrew Somers. "With the Russians, the Americans are prepared for surprises …"

The Paris Bourse is still reluctant

Posted in economic, economy, money, publications, top news by admin on October 20th, 2009 | Comments Off

Around 15:00, the CAC 40 fell by 0.05% to 3890 points. Yesterday, the Paris index hit a new annual record, advancing 1.69% to 3892 points. Traders remained cautious, fearing a wave of profit taking ahead of 4000 points. The success of Apple, released yesterday evening after the close of Wall Street, have long supported the market, like those published at 13:30 by Caterpillar. The group expects a recovery in the global economy in 2010. But the poor figures for housing starts in the U.S. temper this optimism. These last were up 0.5% in August to 590,000 annual rate, and while the market was expecting 610,000. The number of permits issued fell 1.2% from the previous month to 573,000 construction permits on an annual basis, against 595,000 expected by analysts.

The producer prices fell in September by 0.6% compared to August (1.7%).This decrease is due to the decrease of 2.4% of energy costs. Excluding food and energy, the index plaice 0.1% against 0.1% expected by economists.

Values follow

LVMH (+0.35%) announced a turnover decrease of 0.6% to 4.135 billion euros, a figure conformed to market expectations. The group said a "better" compared to earlier this year.

In an interview with the newspaper Les Echos, Sagnières Hubert, who will become CEO of Essilor (-0.67%) from the first next January, is a point on the group's goals. He remains calm on the operating margin for 2009, but was cautious about the turnover.He plans to continue its acquisition strategy.

BioMerieux (+1.51%) achieved a turnover of over 9 months of 895 million euros, up 12% and confirms its target of organic growth of 5 to 7% in 2009, excluding the positive impact related to the epidemic influenza A.

Bouygues Travaux Publics, a subsidiary of Bouygues Construction, will build a road tunnel in Miami for $ 440 million. The title Bouygues rose 0.27%.

The operating margin of Sword Group (-1.21%) stood at 17.25% on the first nine months of 2009 against 17.7% during the same period of 2008.

In the first nine months of 2009, sales of Guyenne et Gascogne (+0.15%) totaled 431.4 million euros, down 1.3%.

Soitec (-2.73%) achieved a turnover of 50.3 million euros in the second quarter, a sequential increase of 14.8% over the first quarter of the year.

The turnover of Pierre & Vacances (+1.97%) totaled 516.5 million euros in the fourth quarter of 2008-2009, an increase of 2.4%. For the full year, sales amounted to 1.451 billion euros, up 2.3%.

Rental income accumulated Mercialys (-3.19%) at the end of September 2009 stand at 100.24 million euros, up 17.1%.

Cash Transgene (-1.47%) totaled 72.9 million euros at September 30, 2009, against 86.7 million at December 31, 2008.

On September 30, 2009, the turnover of Mr Bricolage (0%) stood at 412.3 million euros (+3.3%).