Posts Tagged ‘people’

The banking sector beating down on the Paris Bourse

Posted in life, news, online, opinions, special by admin on July 18th, 2011 | Comments Off

Pessimism still dominates the Paris Stock Exchange on Monday. After a complicated weekend, marked by a loss of almost 5% for the CAC 40, investors do not find easily morale, as evidenced by the opening of a down, 12%% to 3684.79 pooints. The London Stock Exchange also opened down 0.76% to 5799.51 points and the DAX index of the Frankfurt Stock Exchange was down 0.79% to 7162.82 points.

The Asian market has not sent a clear signal this morning. Only U.S. markets manage to stay the course despite the many warnings about agency debt. In this regard, President Barack Obama issued an ultimatum to Congress on increasing the debt ceiling while Republicans are sticking to their positions.In Europe, the problems of sovereign debt will also be central to discussions of heads of state on Thursday at a special summit meant to calm markets.

Meanwhile, next currency, the euro fell slightly against the greenback at 1.4074 dollar. Gold, meanwhile, took advantage of the nervousness of investors to assert its status as a safe haven: an ounce on Monday has risen to 1598.60 dollars, linking 11 consecutive sessions of gains. The most since July 1980.

In terms of indicators, the day will be particularly quiet with only the index of the real estate market in the United States waited for the afternoon. The rest of the week will be richer with, among others, the German ZEW index (Tuesday), the U.S. existing home sales (Wednesday), the weekly jobless across the Atlantic (Thursday) and the confidence index Business in France (Friday).

Oil markets, oil prices were without direction in morning trading Monday. A barrel of "light sweet crude" for August delivery lost 9 cents to 97.15 dollars while that of Brent North Sea crude for September delivery took 22 cents to 117.48 dollars.

Bank stocks led the largest declines

By sector, the entire banking sector unscrewed, after publication of the study undigested JPMorgan Cazenove, which assessed the need for additional capital of European institutions on the basis of more stringent capital adequacy ratio payday advance. According to JPMorgan, BNP Paribas (-2.99% to 43.92 euros), Societe Generale (-3.44% to 33.50 euros) and Credit Agricole (-2.83% to 8.24 euros) should raise 20 billion euros, one quarter of the amount to raise in Europe.This study follows the results of stress tests of the European Union that French banks have yet passed. In turn, AXA (-3.30% to 13.17 euros) and Natixis (-3.06% to 3.03 euros) drop sharply.

For beyond this study, a European project to create a tax on banks to help Greece is under consideration, according to Die Welt. It concerns all European banks, whether or not active in the Greek market.

France Telecom: -0.29% to 13.73 euros

The operator plans to launch a bid for the fourth mobile operator in the Democratic Republic of Congo, Congo-China Telecom (CTC).The terms of any agreement, still being negotiated, would provide for the redemption of 51% of CTC held by the Chinese manufacturer ZTE telecom equipment, and 49% owned by the Congolese state.

ArcelorMittal: -0.33% to 22.58 euros

The group could respond to the study of the British consulting firm Meps specializes in the steel industry that China would underestimate production. Beijing would have produced 672 million tons of steel, half of the world, against 627 million tonnes officially announced. Meps suspects including small local mills continue to run ads despite the closure due to pollution problems and productivity.

Publicis: -1.22% to 36.82 Euris

The group has obtained a syndicated multi-currency $ 1.2 billion.

As for publications, Edenred deliver its sales in the first half after market. Guyenne et Gascogne announce its second quarter earnings as Audika.

Madrid: important parade against crisis

Posted in economic, life, money, opinions, top news by admin on June 19th, 2011 | Comments Off

"This crisis does not pay." One month after the birth of the movement of the "outraged" that has spread throughout the country, between 35,000 and 40,000 people, according to police, marched in Madrid against austerity. The crowd came in processions from all six districts of Madrid, gathered near the parliament in the center, opposite a row of blue gates and a dozen police vans blocking the road.

"Against unemployment. Organize yourself and fight. Let us march together against unemployment and capital, "proclaimed one of the great signs. "We are not commodities in the hands of politicians and bankers," said another banner in red letters.Under the slogans, demonstrators of all ages, families with strollers, young, unemployed and retired, came to testify of the same tired response to the crisis that is strangling the Spanish company.

Unemployment and corruption

Protesters targeted the Stability Pact in the euro area and its imperatives of fiscal discipline, politicians accused of corruption and not the voice of citizens, unemployment hitting 21.29% of the workforce in Spain, almost half the age of 25.

"We must prepare for a general strike 100% free credit score. We will paralyze this country, "said a speaker at the microphone."Banks and governments that have caused this situation should be aware that we do not agree with the measures and budget cuts, we intend to be heard, and that we will," assured the flat platform calling for demonstrations across Spain.

Broad popular support

Tuesday, June 13, the "outrage" had dismantled their camp from the Puerta del Sol in Madrid, a symbol of this wave of protest. Enjoying broad popular support, they now want to consolidate their movement through the neighborhood assemblies and other occasional events.

Other demonstrations were planned in the late afternoon on Sunday, including Barcelona and Valencia, and in several foreign cities, including Paris, where nearly 450 "outraged" gathered.

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Los indignados "radiograph of a revolt

Posted in business, economic, economics, economy, technology by admin on May 26th, 2011 | Comments Off

A dozen people are working around the front of the Puerta del Sol. Armed with sponges, gloves and scrapers, they attack the graffiti inscribed on an iron curtain Internet Payday loans. The last letters of the word "Revolución" disappear as a result of …

The France unveils its eight palaces

Posted in events, finance, money, online, resources by admin on May 5th, 2011 | Comments Off

They are the must of French hospitality. The distinction "palace" was awarded Thursday for the first time in France to eight luxury hotels supposed to embody "excellence in French," announced the jury for their selection. The eight institutions to join this new club are very close to Le Bristol Paris, the Meurice, the Park Hyatt Paris-Vendome and the Plaza-Athénée. In the provinces there is the Hotel du Palais in Biarritz, the Cranberries and Cheval Blanc in Courchevel, and the Grand Hotel Cap Ferrat in Saint-Jean-Cap-Ferrat.

The challenge is to distinguish among institutions except the 130 5-star hotels that already exist. Fourteen candidates have filed for candidacy. But not all have been retained. In the capital, Bristol, George V, Meurice, Plaza-Athenee, Ritz and Hyatt Park were in the running.In the provinces, the Negresco in Nice, and Cheval Blanc in Courchevel Cranberries, and the Hotel du Palais in Biarritz, have also postulated.

Conversely, some very prestigious hotels have chosen to duck the first round due to work, like the Eden Roc in Antibes. 5 stars like the Fouquet's in Paris did not submit a dossier explaining that appear as a palace might scare away business customers. The Crillon, which has just been sold by the U.S. investment fund Starwood Capital, has not applied, since it requires a heavy renovation.

As newcomers to Paris, starting with the Shangri-La and the Royal Monceau Mandarin Oriental pending this year and the Peninsula in 2012, they did not have access to the competition, requiring more eligibility conditons of … 30 months old.

Applicants under the palace had until December to apply.Have completed two phases of instruction, one led by France Trump to see if they met the "objective" criteria such as size of room, activity for 24 months minimum in case of complete refurbishment of the facility, 30 in case opening, multilingual staff, spa etc..

The second was conducted by a jury of ten members, headed by academician Dominique Fernandez, who was judging criteria "subjective" as the exceptional character of the institution in its history or architecture, speed and permanence of its service, its excellent food and comfort …

Fuel prices go from record to record

Posted in economy, life, money, opinions, world by admin on May 2nd, 2011 | Comments Off

The crossing record fuel prices on record. Last week, prices at the pump have again reached record levels in the hexagon, noted that Monday's Directorate General for Energy and Climate. A liter of unleaded 95 has coined 1.547 euro on average, a liter of super unleaded 98 1.585 euro. Unheard of in living memory motorist. Fortunately, the price of diesel fuel – the most consumed – has however declined slightly last week, to 1.36 euro per liter. It remains for now below its 2008 record, when it exceeded 1.45 euros.

Prices at the pump in fact suffer from a barrel of oil costing has soared since the advent of revolutions in the Middle East. The price of Brent crude in London was quoted on Monday by $ 125.9 per barrel, when it cost just $ 95 in January (+32.5%).Therefore, INSEE memo in its last publication on inflation, the cost of petroleum products surged nearly 20% in March over a year.

The 2-liter of super €

To offset these price increases that weigh heavily on household budgets, the government announced in April the increase of 4.6% flat rate mileage. A tax measure that will ease the bill for some six million taxpayers who use their cars to work, then the estimated Economy Minister Christine Lagarde. Oil companies will contribute about the financing of the new measure to 115 million euros.

Consumer associations have been skeptical, however. "This is a drop in an ocean of expectation," lamented the UFC-Que Choisir.Increased dissatisfaction with grim outlook for consumers: in an interview in Paris, Total's CEO Christophe de Margerie had clearly drawn the trend. "The Super 2 €, there is no doubt," he said. The real question is when. "

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Adriana Karembeu will rate the company in exchange

Posted in business, economic, economics, economy, special by admin on April 29th, 2011 | Comments Off

The mere mention of his name thrills. The supermodel Adriana Karembeu confirms that it is also a business woman: she announced Thursday that his firm, AKD, is just steps away from joining the Paris Bourse. This is also an ambassador for the Red Cross has launched five years ago his company of cosmetics and spa hotels, including providing public relations in both France and Japan easy payday loans. Adriana Karembeu day before each presentation of the products of Silicium +, to bring the message of respect and healthy – its products are not tested on animals and contain no parabens – and the "consumer thinking, civic and qualitative.

Adriana Karembeu poses to promote her cosmetics.

Wall Street in the waiting but well oriented

Posted in Uncategorized, features, life, technology, top news by admin on April 25th, 2011 | Comments Off

Small volumes of trade and wait. This could be the profile of the session on Wall Street Monday. After closing up on last Thursday (Friday was a holiday), the NYSE was heading toward an opening in the green Monday. Upstream of the opening, the futures contracts reflected an increase of 28 points on the Dow Jones at 12,462 points, 4.4 points on the S & P 500 at 1335.4 points, 6 points and the Nasdaq , at 2381.5 points.

Investors should remain cautious earlier this week, pending statements from Fed Chairman Ben Bernanke on Wednesday. Forecasts of inflation and economic outlook: new publications the U.S. central bank should be explained at the first press conference after the meeting of the Governing Council.On the other hand, the first official estimate of GDP for the first quarter will be published Thursday.

Side companies, Ameriprise Financial, Johnson Controls, Kimberly-Clark and Radioshack should publish their results before-hours trading. The distributor of electronic products RADIOSHACK posted a quarterly profit of $ 0.33, $ 0.35 cons expected by the consensus. The turnover stood at 1.06 billion dollars as the anticipated 1.07 billion consensus.

On the other hand, NIKE could see its stock price reached a new high over the next 18 months if the OEM is able to raise prices without adversely affecting sales, according to investors cited by the magazine Barron's. After the record high reached last year to 92.49 dollars, as Nike declined to $ 80, due to the rising cost of oil, cotton and labor.On the other hand, the bank Wells Fargo has raised its rating on the pharmaceutical company Johnson & Johnson "market performance" to "outperform."

Finally, the title of the Chinese search engine Baidu might be heckled. The Chinese government will punish the search engine and 13 other sites for allowing illegal music downloads, reports the official Xinhua News Agency. No details on the nature of the sanctions has been published. According to Xinhua, the sites in question have left online illegal content despite several warnings from the authorities.

The course from Advanced Micro Devices (AMD) could also be active on Monday. The computer chip manufacturer announced Thursday after-hours trading that its net income had doubled in the first quarter quasimment.SanDisk also announced on Thursday its results for the first three months of the year, slightly down from last year. PG & E for its part, announced the sudden departure of its CEO Peter Darbee.

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The CAC 40 moved above 4000 points

Posted in economic, economics, economy, events, features by admin on April 22nd, 2011 | Comments Off

The day after a jump of 2.46% which allowed the Cac 40 to exceed the 4000 points, the index is still up: 0.29% to 4016.19 points in ouerture. Last night Wall Street has ended sharply higher and higher over the past three years, supported by the technology sector, and this morning, Asian markets are doing well. The London Stock Exchange opened higher by 0.26% from Wednesday's close at 6037.71 points. The DAX index of the Frankfurt Stock Exchange shows him, up from 0.62% to 7294.58 points.

Side currency, the euro continues to rise inexorably. This morning, it still takes 0.32% and 1.4568 dollar rating, a level not seen since December 2009. The next resistance is at $ 1.46. On the commodity front, oil flies: the classes were still on the upside this morning, boosted by gains on Wall Street the previous day.In morning trading, a barrel of light sweet crude for June delivery took 53 cents to 111.98 dollars. That of Brent North Sea crude for June delivery gained 38 cents to 124.23 dollars. Wednesday, the price of a barrel of oil jumped more than three dollars in New York, under the effect of an unexpected fall in stocks of petroleum products in the United States and a sharp weakening of the dollar.

On Thursday, the economic program, we will now German Ifo barometer at 10 am, followed very investors.United States, the traditional weekly claims for unemployment benefits fall to 14.30, then 16 hours, the composite indicator of economic activity will be unveiled in March, and the figure very important activity in the region Philadelphia in April.

Schneider, Lafarge and Plastic Omnium in top billing

Side values, Schneider Electric (3.41% to 118.15 euros, higher up) has published a turnover up 26.5% in the first quarter to 4.94 billion euros and confirmed its objectives of growth and profit for the year 2011. According to its chief executive Jean-Pascal Tricoire, interviewed by Le Figaro, there are no talks with U.S. giant Tyco.

Just behind Lafarge rises from 2.87% to 47.74 euros. Goldman Sachs noted in his advice on the purchase value, which was previously neutral.Then comes Plastic Omnium (2.70% to 65.50 euros), whose turnover grew by over 36% in the first quarter, estimates that its activity should remain good in the second quarter due to production global automotive always supported.

Scor climbed 2.61% to 19.48 euros). Nomura has begun monitoring the reinsurance industry in Europe with a conservative view but has positioned itself to purchase at Scor.

Debt Eiffage (2.18% to 43.63 eruos) is not a concern, said in an interview with Les Echos published on Thursday Deputy CEO of construction group and concessions, while stressing that the goal was to reduce the debt of 300 to 400 million for each of the years 2011 and 2012.

The French group Alstom (1 make quick cash.93% to 44.57 euros) and China's Shanghai Electric together through the creation of a joint venture their boilers from coal, creating the market leader.

Accor, Sodexo Bénéteau and shunned

Conversely Accor disappoints sharply (-4.39% to 30.07 euros): the hotel group has seen its business grow by 5.8% in the first quarter and remains confident in the continued recovery in the hotel cycle in 2011 .Turnover totaled 1.354 billion euros in first quarter (+5.5% organic) with respect to 1.359 billion provided by Reuters.

The manufacturer of pleasure boats Beneteau (-4.06% to 14.89 euros), has announced a reduction by more than half its operating loss in the first half of 2010-2011 compared to the same period last year and confirmed its performance targets throughout the year. [

it was discovered this morning that Sodexo (-1.49% to 52.07 euros) has revised upward its forecast for annual revenue: the world's second largest catering, now thought behind Compass do for 2010 – 2011 a growth of around 4.5% so far it expects a growth of 3 to 4%.

Publicis (-1.59% to 38.27 euros) this morning publishes an organic growth of 6.5% over the period to 1.286 billion euros, against 3.1 in the first quarter of 2010 and the chairman of Publicis, Maurice Levy anticipates that 2011 will be "good or very good."

The wine and spirits group Remy Cointreau (-1.46% to 53.90 euros) Thursday announced revenues for its fiscal year 2010-2011 (ending March) up 12.4% to 908 million euros, with demand still very strong for its cognacs, particularly in Asia.

APRR (0.45% to 50.92 euros), whose activity increased by 4.1% in the first quarter, expects a less favorable trend in the second quarter mainly due to higher prices fuels that could affect the traffic of cars and trucks.

Safran (+0.88% at 24.53 euros) holds a general meeting at 10 o'clock during which shareholders have entrusted to Jean-Paul Herteman a second term and appoint the CEO, while Vivendi will be held at 10:30. Jean-Bernard Levy, "Vivendi saw a major turning point" means the Chief Executive has explained to Le Figaro in an interview the group's strategic direction. Meanwhile, technology stocks, widely acclaimed yesterday, should still be viewed on Thursday. The record results from Intel, the giant high-tech, support the entire sector in the world.

The Director General of the transatlantic exchange operator NYSE Euronext (-0.96% to 26.78 euros), Duncan Niederauer, on Wednesday defended its proposed merger with Deutsche Börse, the finding most relevant to the strategic plan as a redemption the Nasdaq and the ICE documentation of decommissioning.

After-hours trading, we take note of the quarterly results from Michelin, Boiron and BioMérieux.

Eurocopter gets help from 550 million

Posted in events, life, money, news, world by admin on April 7th, 2011 | Comments Off

Eurocopter will be able to develop a new civil helicopter. Matignon has indeed granted an aid of 550 million euro to the subsidiary of EADS, said The Tribune, to develop the successor to its flagship product, the Dauphin. The benefits should also be concerned subcontractors Eurocopter subsidiaries beginning with Turbomeca Safran Group and Sagem. And in total, the amount of manufacturing this new device is expected to reach 1.5 billion euros for commissioning by 2018-2020.

The aid granted by Matignon is part of the large borrowing for future investments. In fact, France wishes to maintain the production of these helicopters in France, the site of Marignane, near Marseille. Especially since the funds allocated by the State will fund the innovations on the new model guaranteed payday loans.Eurocopter had specifically requested funding for R & T (research and technology) and R & D (research and development) for his project X4 (4 helicopter as a 4-ton). The allocated budget will also develop "an ambitious technological program, says La Tribune in technology (turbines, avionics, rotor blades, fuselage …)» in a highly competitive range.

The newspaper said that the Steering Committee of the General Commission for Investment (CGI) was initially granted 400 million euros. It also specifies that arbitration government has not yet been an official signature.

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The CAC 40 is another step forward

Posted in Uncategorized, international, people, publications, world by admin on March 24th, 2011 | Comments Off

The CAC 40 in beautiful colors found on Thursday. The benchmark index in Paris, who managed yesterday to back up the 3900 points at the last minute, took another step forward, encouraged by macroeconomic indicators of good quality. At the midpoint, the CAC 40 advances from 1.31% to 3964.84 points at same atmosphere in London and Frankfurt stock exchanges which are also in the green: the Footsie advance of 0.98% to 5852.65 points and the DAX climbed 1.59% to 6912.77 points.

But volatility may still be at the rendezvous, as was the case in Asian markets this morning. International news is indeed very busy and should focus attention again, slowing any risk taking.

Japan, Libya and Portugal under surveillance

In Japan, first of all, the problems persist on the plant in Fukushima.Site personnel, evacuated the day after an offshoot of black smoke, resumed on Thursday watering operations on the reactor 3 where electricity was partially restored in the control room of reactor 1. Investors are also following closely the level of radioactivity in the capital, Tokyo.

In Libya, the tension escalates as the forces pro-Gaddafi not give up despite the bombing of their tanks by the international coalition. The tanks of the Guide are the entrances to the city Ajdabiah while the coalition struck a military base east of Tripoli. The main hospital Misrata third largest city, was the target of raids on Wednesday night.

Finally, in Europe, the sovereign debt crisis resurfaced with Portugal, while a European summit held today in Brussels.The Socialist Prime Minister Jose Socrates has presented his resignation Wednesday night the President of the Republic after the dismissal of his austerity program by Parliament. The political crisis should accelerate the use of international financial rescue.

U.S. unemployment program

In this highly charged, a series of statistics, however, should occupy the market. In France, the business climate improved again in March, in manufacturing as in other sectors, shows the monthly business survey published Thursday by the INSEE. The synthetic indicator of business climate in the manufacturing sector rose three points to 109, its highest level since late 2007.The employment figures for February will be also published after market (18 hours).

The growth of private activity in the euro zone slowed in March as the PMI index published on Thursday, but economists believe that the level of the indicator remains encouraging. The composite index of purchasing managers, which summarizes the activity in the manufacturing and services, to 57.5 points in March, the company announced that Markit publishes the index, in a first estimate. The index settled at 57 points in January and 58.2 in February, its highest level since July 2006.

For their part, the United States will lift the veil on durable goods orders in February and weekly jobless claims at 13:30.

On the currency market, on the foreign exchange market, the euro stabilizes stable against the greenback at 1 cash advance in one hour.4128 dollars against 1.4083 dollars on the previous evening.For their part, oil markets back slowly because of rising U.S. crude stocks published yesterday. In morning trading, a barrel of light sweet crude for May delivery yielded 31 cents to 105.44 dollars. That of Brent North Sea crude for May delivery declined 27 cents to 115.28 dollars.

Ingenico flies

At mid session every CAC 40 stocks are benefiting from the upturn.

Accor: 2.47% to 31, 09 Euro

The title is head increases the CAC 40. The hospitality industry, recently penalized by the geopolitical risks and catastrophe Japanese is resumed. Accor has lost 13.34% over the last 30 days.

Renault: +0.03% at 37.81 euros

The manufacturer firm duCAC walking 40 with a modest gain after a recommendation from Berenberg keep passing with a target price of 47 euros.the title of the builder is also pulled down by that of its subsidiary to 44% Nissan dropped 4.55% in Tokyo. For Peugeot (1.40% to 27.1 euros), the bank also requires to be kept with a target to 34 euros.

EDF: + 0.50% to 28.92 euros

The electrician has submitted to government a document in which he suggests a rise of 4.7% of electricity rates for individuals on average each year from 2011 to 2015, according to the text that Reuters was able to consult.The Energy Minister, Eric Besson said that electricity prices would increase slightly this summer and no significant increase was under consideration.

Natixis: + 1.12% to 4.15 euros

The bank announced Thursday the purchase of 800 million euros of subordinated notes underwritten by BPCE, as announced on February 23.

Bolloré: -0.43% to 160.30 euros

Italian Pininfarina has exercised a put option to sell its stake in its 50/50 joint venture with Bolloré. The sales price stood at 10 million euros, according to the book value and what was agreed in September.

France Telecom: + 0.39% to 15.63 euros, Vivendi: + 0.82% to 19.63 euros

The French telecoms regulator has announced a new lower cost of call termination.From the perspective of telecom operators, including market leaders in Orange and SFR, the reductions in call termination weigh on sales growth.

Ingenico: + 5.39% to 28.06 euros

The group was selected to participate in a proposed deployment of contactless payment in the United States, funded by Google, according to Les Echos.

Gameloft: -1.93% to 4.58 euros

The title suffered profit taking after publication of its 2010 earnings. The company has benefited from the rise of touch pads and believes that its video games continue to be worn in 2011 by new technologies and the explosion of smartphones. It relies on a new sales growth and improved profitability and cash flow in 2011.

Ubisoft: + 0.08% to 7.39 euros

Nintendo 3DS arrived in France on Friday.The game publisher will offer four of the fifteen titles available at launch for the handheld. The group is betting on success.