Solid results revive Wall Street - April 19, 2011

U.S. exchanges to raise. After closing sharply lower Monday, Wall Street opens on Monday, up slightly Tuesday. The Dow Jones gained 0.12% and the Nasdaq rose 0.22%.

Before the publication of the results tonight Yahoo and Intel, the return to stock market indices through better than expected corporate earnings and renewed housing construction in March.Housing starts rose 7.2% and building permits by 11.2%.

The day after lowering the outlook on the U.S. debt by Standard and Poor's, Treasury Secretary Timothy Geithner said the country was "in a much stronger position (than other countries) to deal with its difficulties. "

Oil prices continue to fall Tuesday in the opening exchanges in New York, as investors questioned the impact of high prices on demand.In early afternoon on the New York Mercantile Exchange (Nymex), a barrel of light sweet crude for May delivery traded at 106.25 dollars, down 87 cents from the previous day.

Citigroup: 0.90% to 4.46 dollars

Citigroup announced Tuesday that he gradually got rid of a portfolio of 12.7 billion dollars of toxic assets account for a large portion of its losses during the crisis in order to mitigate the anticipated effects of the implementation establish rules of Basel III.

Johnson & Johnson 2.98% to 62.26 dollars

Johnson & Johnson on Tuesday net profit down 23% to $ 3.47 billion for the first quarter but remained higher than expected (3.2 billion dollars). Turnover, up 3.5% to $ 16.2 billion, also exceeded expectations (15.83 billion U.S. dollars).The group raised its forecast for annual earnings per share, taking it to a range of 4.90 to 5 dollars, against a previous range of 4.80 to 4.90 dollars and a forecast of analysts of 4.83 dollars.

NYSE Euronext: 1.17% to 38.77 dollars

Nasdaq OMX stock exchange operators and IntercontinentalExchange noted Tuesday their proposed purchase of NYSE Euronext board of directors of the places in New York and Paris no fax needed payday loans.

State Street: 2.08% to 45.60 dollars

State Street issued on Tuesday a quarterly operating profit rose to 444 million, or 88 cents per share, slightly above the consensus.

General Motors: -1.33% to 29.57 dollars

The U.S. Treasury could sell much of 33% of shares he still owns stake in General Motors this summer or fall, according to a source familiar with the matter.Neither the timing nor the size of the sale, however, have yet been determined.

Goldman Sachs: -0.42% to 153.14 dollars

Goldman Sachs announced Tuesday a 72% decline in earnings in the first quarter compared to last year to 908 million. Analysts expected a profit of about $ 477 million. The turnover of the bank stood at $ 11.9 billion in the quarter, down 7% year on year but higher than the 10.2 billion expected by analysts.

Bank of New York: -1.78% to 28.68 dollars

Bank of New York reported Tuesday in a 4% rise in quarterly profit to 625 million, supported by higher asset management revenues and commissions.

Seagate Technology: -2.91% to 17.32 dollars

Seagate Technology will buy the operations of disk drives from Samsung Electronics for $ 1.4 billion in cash and stock, said on Tuesday South Korean group.

Texas Instruments: -0.98% to 34.45 dollars

Texas Instruments on Monday announced a quarterly profit slightly below expectations. The first quarter earnings rose to $ 666 million, or 55 cents per share, against $ 658 million and 52 cents a year earlier.

Harley Davidson: -1.68% to 39.04 dollars

Harley Davidson reported earnings per share of $ 0.51 in the first quarter, below the consensus at $ 0.53. The group recorded quarterly revenue of 1.06 billion euros, against 1.05 billion expected.

France 2 is considering a "Grand Journal" - April 13, 2011

Surfing the good performance of its JT 20 hours, and conjure the poor performance of its "prime time". On this puzzle board for several weeks France 2. In the head of France Televisions group of strategists like Bertrand Mosca (the deputy director for programs), or Emma Guilbart (Deputy Director for Programs), the idea of ​​mixing in a single program time slot of 19 hours 20 hours 30 is gone far enough. However, the project is not yet mature enough for the start of 2011.

However, the chain does not refine the draft for September 2012, after the presidential election. The project draws heavily on the model of Canal + and its "Grand Journal", installed several years.Original concept in France, it is more usual in the Anglo-Saxon fond of this mix between information and entertainment, in other words, professional jargon, "infotainment". The "Grand Journal" shows at least an average audience share of 6.9% with peaks up to 14% as on March 25 and works miracles on the target of AB +, the fact that the leaves more seduced by JT France 2.

Invent other appointments

If France 2 JT is resistant to the fragmentation of audiences, however, its slice of prime-time suffers and is only 12% audience share, significantly below the average of the chain oscillates around 15%. For its part, the newscast is led by David Pujadas stable from year to year, with 20% audience share.

One of the weekend hosted by Lawrence Delahousse attracts more viewers between the first quarter since 2010 and that of 2011, they rose from 4.8 to 5.3 million. A feat for a historical chain. 2 France intends to surf the large image regilded clearinghouse cash till payday. But the group also made this observation: the consumption of information is changing. The offer of helping DTT, viewers are used to consume the news continuously on free channels like BFMTV or i-Tele. This means that the time of High Mass will be gone one day and he must invent other appointments.

A tricky business

But the leaders of France Televisions, the matter is delicate. Chairman, Remy Pflimlin intends to preserve the hearing of the "19/20" on France 3, a strength of a chain fall.Time, the possibility of reversing the brackets national and regional information was discussed. But not retained. Moreover, it is not certain that advertising terms, divest itself of the household under 50 years to be interested only in the target smaller senior is a good deal. In addition, the project has stumbled on the name of the presenter: Should we extend the empire of David Pujadas or encouraging the development of Laurent Delahousse? The sounds on the latter's departure for TF1 would have served and contributed to freeze the record. Finally, all this is the fact that France 2 has become the standard for information and even as regards the political debate. The chain is trying to preempt an image that previously clung instead to TF1, "says a boss of a competing network.One year after the presidential elections, France Televisions would rather not take chances.

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Bercy target of a vast piracy case - March 7, 2011

Hackers are on all fronts. After the stock exchanges of New York and London in particular, hackers are able to penetrate the security of the French Ministry of Economy and Finance, reported the website of Paris Match. The Treasury Department and in particular the G20 documents were the subject of a massive computer attack between December and this weekend, said the weekly's website which refers to "a source familiar with the matter."

Pailloux Patrick, the executive director of ANSSI (National Security Agency Information Systems) said that "those who acted are professionals committed and organized. This is the first attack against the French state and of this magnitude at this scale. "

In total, more than 150 computers in the department who have been infiltrated and many pirated materials.The attack was, according to Patrick Pailloux "documents related to the French presidency of the G20 and international economic affairs." No attack, however, concern individuals.

Chinese Track

Even if the origin of the attack has not yet been established, a senior official suggests a possible Chinese track. "We found that a number of information were redirected to sites in China," Paris Match reported quoting a senior official, who requested anonymity. "But that does not mean much," he tempered.

For now, Bercy filed a complaint against X with the Paris prosecutor's office and the DCRI, the French intelligence service, was seized.

Wall Street expected to rise - February 28, 2011

The U.S. stock market should open up on Monday. Futures on Standard Poor's 500 and Nasdaq 100 advancing 1.09% respectively at 1316.90 points and 1.56% at 2344 points. Friday, despite continued unrest in the Arab world, the NYSE has closed in the green, encouraged by the commitment of Saudi Arabia to keep oil production and rising Boeing. The Dow Jones was awarded and 0.51% at 12,130 points, the Nasdaq rose 1.58% to 2758 points and the Standard & Poor's 500 gained 1.06% to 1319 points. Over the whole of last week, however, the balance remains negative. In five days, the Dow Jones dropped 2.1%, the Nasdaq dropped 1.9% and the Standard Poor's 500 fell 1.7%.

Investors should still have their eyes on the situation in the Arab world.In Libya, the opposition, strong control of several eastern and western cities, was preparing to march on Tripoli, where Colonel Gaddafi, deaf to international pressure, continued to minimize the insurgency. The tensions have spread Sunday to Oman, Sultanate strategically at the mouth of the Gulf, with clashes between police and protesters that left at least two deaths. Faced with these tensions, crude prices were again on the upside, a barrel of Brent North Sea exceeding $ 113.

Investors should also focus their attention on the series of macroeconomic indicators expected across the Atlantic.In the U.S. they watched in particular, income and expenditure survey for the month of December (14:30), PMI purchasing managers in Chicago for the month of February will give an idea of the strength of growth in the Midwest (15:45) and promises of home sales in January (16h).

On the currency markets, the euro continues to rise, still supported by speculation about the anticipated increase in interest rates by the European Central Bank for the fight against inflation when the monetary policy committee of the institution meets Thursday. About 11:20 am in Paris, the euro bought 1.3839 dollars against 1.3749 dollars on Friday night.

NYSE Euronext seeks to reassure Paris

The yuan rose to its highest level in nearly seventeen years on Monday morning, with a reference rate set at 6.5752 yuan to one dollar.Established by the central bank, this rate determines the point at which the currency can fluctuate plus or minus 0.5%. The Chinese currency reacts to statements by Prime Minister Wen Jiabao. The head of government reiterated yesterday the need to conduct an assessment "gradual" in the Chinese currency, arguing that a stronger yuan would help fight inflation.

According to the Financial Times, a fund managed by JPMorgan Chase is preparing to take a 10% stake in the microblogging site Twitter, in a transaction valuing the $ 4.5 billion.In early February, the Wall Street Journal on his side spoke of preliminary discussions between one side of Twitter and Facebook groups internet or Google on the other hand, that one or the other might be willing to pay 8-10 billion dollars to acquire.

NYSE Euronext seeks to reassure on the weight of Paris in the merger with Deutsche Börse. "The trading and listing" will remain in Paris, "said NYSE Euronext. "It was in Paris that will return the management of European cash markets, namely trading and listing, and management technology services group," said Dominique Cerutti, General Director of NYSE Euronext in Les Echos . "The title of the new group will be listed in Paris, as well as Frankfurt and New York. There also is a strong sign of recognition of the French financial, "he added.Moreover, when asked about a possible hostile bid-cons of the Nasdaq OMX platform on transatlantic Mr. Cerutti has described as "theoretically possible", while stressing believe in the "superiority" of the merger with German stock exchanges. NYSE Euronext and Deutsche Börse have announced mid-February their intention to merge to create the first exchange operator in the world, gathering places in New York, Frankfurt, Paris, Lisbon, Amsterdam and Brussels.

Also note, Berkshire Hathaway, Warren Buffett's company, announced Friday after the close of Wall Street, a 43% increase in profits on a year in the fourth quarter. Warren Buffett is also more optimistic about U.S. growth. He announced a resumption of the property market within a year.Moreover, he wishes to use an early part of the 38 billion dollars of liquidity of his company to make further acquisitions.

For its part, the Japanese company Fujifilm Holdings said Monday it would buy two subsidiaries of the U.S. group Merck biopharmaceuticals, including facilities in the United States and the United Kingdom. The Japanese company specializing in video technologies, but its activity in the medical field, and the American pharmaceutical company did not specify the amount of the transaction, valued by the business daily Nikkei at 40 billion yen (350 million).

The Pentagon officials must explain to EADS on Monday the reasons for their choice in favor of Boeing. The American won the contract of the century for 179 tankers worth $ 35 billion.

Also note, Microsoft to unveil tomorrow the French version of its search engine with Bing clear objective to compete with Google, widely prevalent in this area. With 91.5% of searches on the Internet in France, Google comes in effect today, far ahead Bing second with only 3.4% of requests in January, as the barometer of AT Internet.

Food prices are close to "alert status" - February 20, 2011

Soaring food prices is now reaching a crisis level and increases political instability, warned Saturday in Paris President of the World Bank on the sidelines of a meeting of G20 finance ministers.

Robert Zoellick called on leaders of the G20 "to consider food as a number one priority in 2011." Rising food prices will encourage increased agricultural supply, but in the next two years "there could also have a mass of troubles, the government could fall and companies falling into chaos," Has he said.The continuing rise in food prices, fueled by rising agricultural commodity prices is a cause of the current upheavals in the Middle East and North Africa, said he.

As the institution had revealed a few days ago rising food prices have dropped between June and December of 44 million people worldwide below the extreme poverty. This estimate was made based on statistics on income and expenditure survey conducted in countries with low to moderate incomes. The threshold of extreme poverty is defined by spending $ 1.25 per day per person.

"The food prices continue to rise worldwide poor credit personal loans.The food price index of the World Bank has increased by 15% between October 2010 and January 2011, and only 3% below its 2008 peak, "said the institution in a statement.

"Inflationary pressures caused by oil prices, energy and raw materials must be taken seriously," said his part the president of the European Central Bank (ECB), Jean-Claude Trichet, during a press conference at the end of the G20 Finance.

Robert Zoellick has also ensured that the G20 ministers had been receptive to his speech and that this group of industrialized and emerging countries were prepared to act. "The best way to counter critics who say the G20 is a forum of discussion is to initiate real actions, and actions in favor of the poor is what we can do better" he said.France, which currently chairs the G20, has made food security and reducing the volatility of food prices a priority.

(With AFP)

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Job creation has accelerated the end of 2010 - February 13, 2011

The economy continues to create jobs. The companies have created positions 35.5000 fourth quarter of 2010, representing an increase of 0.2% of employment, whichever comes first estimate of employment issued Friday by the INSEE. Dynamics on the labor market has increased over the third quarter, 19,200 jobs were created from July to September. The latter figure has also been divided by more than two compared to the first estimate, which stood at 44,600.

The figures for the fourth quarter were driven by the interim as in the previous period, which represented over two-thirds of new posts, or 24,000 jobs. This represents an increase of 4.2%, similar to that of the three previous months (+4.1%).

The service sector is the only one that shows job growth in the fourth quarter, up 0.4% or 48,400 net jobs created over the period. The industry and construction are still heavily depressed. The first course was destroyed fewer jobs than in the second quarter, -9000 cons 16,600 over the previous period. But the crisis in the construction continues, with 3,900 job losses, -800 against the previous quarter.

During 2010, the number of jobseekers has risen steadily, according to figures from the employment center. Depending on the category chosen, the number of unemployed was between 2.72 and 4.05 million, an increase of between 801,000 and 202,500 people.

The Paris Bourse in the red - February 3, 2011

After walking along the peaks on Tuesday, the ACC 40reprenait his breath yesterday. And the consolidation continues on Thursday in a context of extreme caution. Halfway through, ACC loose 1.09% to 4 022.11 points. Even mood on other European exchanges, particularly in Germany where the Dax down 0.08% to 7177.75 points, and England where the Footsie lost 0.37% to 5978 points.

Fears escalate the situation in Egypt resurface when violent clashes between pro and anti-Mubarak, in Cairo, have already killed three people and wounded hundreds.

This renewed tension has raised doubts that Wall Street has ended Wednesday at the balance while a good statistic on employment front should have supported the rise. This morning in Asia, the Japanese Nikkei also closed in the red, operators focusing on profit taking to take risks.The attitude is the same on the Parisian market, investors preferring to await the publication of the monthly report on employment in the United States on Friday before taking a position.

Agenda item charge

They keep an eye still on macroeconomic indicators of the day. On this side, a busy day with:

– In France, growth in activity in the services sector accelerated further in January to its highest level in four months and now exceeds the average long-term, final results showed Thursday in the monthly survey with Markit purchasing managers.

– In the euro area, also growth in the services sector accelerated at a faster pace than expected in January, according to data released Thursday, but these figures do not reflect persistent differences between member countries.Also note, always eurozone retail sales decreased 0.6% in December compared to the previous month after falling 0.3% in November, according to data released Thursday by the EU statistics office Eurostat.

Now, investors await the decision on interest rates by the ECB is expected Thursday at 1:45 p.m. at the end of the meeting of the Board of Governors of the institution.

– United States: the weekly jobless claims, the quarterly productivity figures, the ISM services index for January and industrial orders in December.

Note that the side of the oil, oil prices continue to surge. In London, the price per barrel for the month of March gained $ 1.03 to 103.37 dollars, its highest level since September 2008.Brent has broken the technical resistance of 102 dollars.

Values to follow

Bonduelle: -2.26% to 68.42 euros

The food group on Thursday posted a turnover up 16.4% to 884.6 million euros in the first half of fiscal year 2010-2011 (ended June). But exchange rates and constant perimeter, growth is reduced to 1.6%, according to a news group.The group also confirmed its objectives for 2010-2011: a 30% drop in operating profit for the full year.

Hermes: -0.70% to 149.15 euros

The luxury giant has reported a very strong organic growth in the fourth quarter, boosted by sales of Christmas and has said it expects an increase of over 40% of its annual profit before tax.

France Telecom: + 0.64% to 16.52 euros, Bouygues: -0.56% to 33.62 euros, Vivendi: -0.66% to 21.10 euros

Orange, Bouygues and SFR join forces to Atos to create a joint company called Buyst to provide a platform for e-payment before the summer, reports the newspaper Les Echos.

Societe Generale: -2.30% to 46.85 euros

The Federal Reserve announced Wednesday it had accepted the bank in the small circle of investment banks and brokerage firms allowed to operate in the primary market.

NRJ: + 2.25% to 8.65 euros

The group reported a turnover in excess of expectations for all of 2010, boosted by renewed investment in advertising and dynamism of DTT channels.

Vicat: -0.73% to 56.81 euros

The group anticipates a recovery in 2011 sales volumes in France, its largest market, after a year 2010 saw stabilization and further internationalization of the business.

Bolloré: + 0.12% to € 161.50

The group announced the acquisition by its energy division of the remaining 49% stake in LCN (Les Combustibles de Normandie).

Partouche: -4.12% to 2.33 euros

The group announced Wednesday the launch of a new capital increase of EUR 30 million, guaranteed by Butler Capital Partners (BCP), during which the private equity firm will enter the capital of the casino group.

Maurel & Prom published its annual results after market close.

Everyday life: the increases in January - December 31, 2010

As at the beginning of each year, the French face starting tomorrow, January 1st, new fee schedules or social benefits. Besides the tax changes on income, savings, Internet box or bonus-malus automobile.Insurance, health, transport …: update on the changes.

SMIC

The minimum wage rose from 8.86 to 9 euros gross per hour for reaching 1365 euros a month for a full-time, about 1 073 euros net.

Revenue de Solidarité Active

The base amount of the RSA, which replaced the RMI and the single parent allowance, is revalued by 1.5% (inflation in 2011) to reach 466.99 euros per month for a single person without children, 700.49 euros for a childless couple or single parent with one child.

Family Allowances

They increase from 1.5% to 126.38 euros for two children (pre-CRDS), 288.38 euros for three children, 430.55 euros for four children.Addition increases with age.

Social Security

The maximum monthly Social Security, which serves as reference for calculating contributions and certain benefits, increased from 2885 euros to 2946 euros.

Health

Consultation with general practitioners increased by one euro and rose to 23 euros. Drugs reimbursed at 35% do more than 30%. The hospital package of € 18 applies to medical procedures exceeding 120 euros rather than 91 euros – below, you have to pay co-payments of 20%.

Insurance

Rates are subject to a general rise: Automotive, it will be between 2.5% and 4.5% depending on the airline and for Housing between 3% and nearly 8%. Insurers rely on the impact of weather events and rising cost of repairs.For health, the increase will be between 5.3% and 8.5% as a result of delisting and a 3.5% tax on insurance contracts called leaders.

Automotive

The scrapping of 500 euros disappears. Buyers flocked in recent days at the dealership to enjoy it. Professionals saw last week twice in orders compared to a normal December.

Electricity

The rebate granted to 625,000 low-income households ("social tariff for electricity") varies from 40 to 60%, against 30-50% previously.

Côte d'Ivoire: The World Bank will review its aid - December 7, 2010

Pressure is mounting on the Cote d'Ivoire, Laurent Gbagbo and Alassane Ouattara were both sworn in as president Saturday, and have appointed a prime minister each Sunday, just hours apart. The political crisis worries the international community. The UN, U.S., France, the European Union, Great Britain, La Francophonie and also the Economic Community of African States (ECOWAS) took a stand in favor of Alassane Ouattara . Sunday night, the World Bank and African Development Bank (AfDB) are mounted slot.

The two institutions said in a joint statement they questioned the advisability of continuing to help Côte d'Ivoire."We hope to continue working with the Ivorians in the fight against poverty, but it is difficult to do effectively in a context of uncertainty and prolonged tension," they have said. The two banks, expressing their "frustration", recall that the presidential election, which was "long overdue" and whose second round took place on November 28, was "supposed to bring peace, stability and lay the groundwork 'Better Governance' in the country.

According to the World Bank and the AfDB, a prolonged crisis will plunge more Ivorians in poverty and adversely affect the stability and economic prosperity of the whole region."Therefore, in accordance with our policy, we will continue to monitor events closely and to reassess the usefulness and effectiveness of our programs since the breakdown of institutional functioning," she has warned.

Loan programs reviewed

The World Bank has invested heavily in the progress of the electoral process in Côte d'Ivoire. Its president, Robert Zoellick went there in January 2010. A field trip during which he assured the outgoing President Laurent Gbagbo of institutional support for the "reunification of the country." However, the World Bank had linked the cancellation of three billion dollars of foreign debt (estimated to total $ 12.5 billion) in the conduct of presidential elections, which were delayed for years.

The institution have other arguments in size.The World Bank has committed U.S. $ 207.79 million (155 million euros) in various projects to support the Ivorian economy in 2010, after funding $ 209 million (156 million euros) in 2009 and a record $ 320.22 million dollars (239.5 million euros) in 2008. Since the outbreak of the global economic crisis in mid-2008, the International Development Association (IDA), the branch of the World Bank that provides grants and low interest loans to the 79 poorest countries in the world which half are in Africa, has committed 7.8 billion dollars for the SSA countries during fiscal year 2009, a figure up 36% over 2008.

Ruby multiplied redemptions in the oil sector - November 20, 2010

The reconstitution of the downstream oil sector whetting the appetite of Ruby. Unknown to the general public, the independent French company, specializing in liquid storage and distribution of petroleum products, has just completed four acquisitions in quick succession for nearly 400 million euros. A significant amount, given the size of Ruby, who directed last year just under a billion in turnover, net profit of 47 million.

The last transaction, formalized on Friday, concerns the distribution activities of American oil to Chevron Caribbean and Central America. It allows Ruby to take a portfolio of 174 stations in Texaco, plus a stake in a refinery.Earlier, the company took over distribution activities of liquefied petroleum gas (LPG) Shell Southern Africa, Linde German in Switzerland and BP in Spain.

"The will of the majors refocusing upstream opportunities we offer. Our strength and our decentralized approach allows us to be particularly successful in regional markets free credit score. It is also our philosophy: to be hard on smaller markets rather than on large marginal, "says Bruno Krief, the chief financial Ruby.

Reassure shareholders

To finance this expansion, the company announced it would undertake a capital increase by the end of the year.If the amount was not disclosed, but Ruby says that this operation should cover "approximately one third of the investments made, while providing shareholders with strong growth in earnings per share and dividends."

Ruby, whose market capitalization has crossed this week the billion euros, intends to continue to focus its development on growth areas. "France is not our priority, both because most of the movements in the area have already been made and because the constraints to this type of operation are many," said Bruno Krief.