Imax to conquer China - July 16, 2011

The theaters continue to amaze. In particular, the movie using the system Imax. "Many developers are using our cameras and our professional projection equipment, including Steven Spielberg and Peter Jackson for Tintin and the next James Cameron for Avatar. In addition, the public is sure to witness a spectacle more "immersive" in our rooms. The films are projected with spotlights and a sound system Imax that guarantee a quality experience, especially for image brightness and width of the screen, "said Richard Gelfond, CEO of the Canadian technical company. But only 1% of cinemas use this system in the world.

In recent years, demand is growing: 430 rooms currently against 150 in 2009. The reasons? "The digital switchover has plunged the price of a copy of an Imax film averaged $ 30,000 in 1500 dollars.In addition, we launched a new funding model for supporting the main rooms of the financial risk for farmers who we are paid on average 20% of gross admissions, "said Richard Gelfond. To enhance its growth, China is Imax. "Within two years, the country will become more important for Europe in our sales. Yet we have 94 movie theaters equipped with the system in Europe against Imax fifty only in China. But we will build 50 this year. Eventually, we will have 177 in China, "says Richard Gelfond. Recently, Imax has concluded a funding agreement with the Chinese company Wanda Cinema Line for 75 rooms. The Canadian company hopes to rely "a total of 300 in 2016." The demand for film takes off in China, where the "price of tickets to Imax theaters is comparable to prices in Europe or the United States."And the increase in the price of a $ 2 for a movie at Imax system encourages the Chinese to go: speaking of this experience to those around them, the audience indicate their social status of those "easy".

Projects in Russia

In addition to China, involves the construction of Imax theaters in Russia but does not count too much on "India, where ticket prices are $ 2." The company has become a gem. Market capitalization ($ 1.8 billion) reached more than eight times its turnover in 2010. The Hexagon is a small country. In France last year, Gaumont Pathé has signed a contract for four Imax theaters. The result is the appointment. "Proceeds from Kung-Fu Panda was five times in theaters in Imax theaters as traditional.The average income is three to five times higher for a room equipped with Imax ensures a minimum quality for the viewer at the screening and squares have additional costs, "added the CEO. But there are only five Imax theaters in France that offer all the latest Harry Potter. To develop another career, that of the remastering of local films in Imax format, the company "needs a dozen Imax theaters," says the boss.

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The big chill on summer products - July 13, 2011

Click the preview to enlarge the graphic.

The wave of picnics and barbeques in the spring, made possible by an exceptionally favorable weather, had precipitated the French on the shelves of hypermarkets. Sales of water (8.2%), soft drinks (9.5%) and beer and cider (10.5%) had experienced progression insolent March-May (compared to the same period last year), according to data collected by SymphonyIRI. With highs in the purchase of ice cream and other frozen desserts (22.1%). Until insecticides (34.1%).

Manufacturers liked to dream of a vintage 2011 special that would forget the disappointing weather of August 2010. In fact, the weather will be "saved" a consumer already soft.

Even if the summer is still in its infancy, the reversal of June weather has dampened hopes.The rain and temperatures below normal even led to a decline in sales of water (-3.8%), beer and cider (-3.6%) and ice (-3.8%) the last month. Depressed by bad weather, the French have drowned their sorrow in soups, whose consumption is spread (+6.8%) after having faltered in the spring (-13.1%). They also caught up on purchases of frozen quiches and other savory (+7%). Our citizens spend more time indoors, ready meals have also been popular last month (5%).

The end of "catch up"

Beyond these products susceptible to weather, changes in consumption in June promises to be a turnaround. "Over the years, stopping at the end of February, the consumer was doing extremely well, says Jacques Dupré, Director at Insight SymphonyIRI.And all the rays took advantage of the situation in times of great price stability, or even deflation (-0.3% year to date through February). "

After having tightened their belts during the crisis, consumers are caught up by buying products "pleasure" as the food caterer. Then, as he did fine, the French continued to spend, which supported consumption in the spring. Furthermore, while retailers announced in March of annual price increases of close to 2%, the increases were not noticeable ray (0.7%) with the exception of certain categories of products such as flour, oil or coffee, closely linked to changes in raw materials."Despite the boost from the weather, we started to see a real slowdown in early May, with growth in sales of consumer products by 1%, with inflation of 1.3% on same month, "says Jacques Dupré.

From May to June, the price increase (2.2% in June compared to June 2010) has changed all that. If it has boosted sales of consumer goods (+2.6%), it may slow consumer spending over the coming months. "If future inflation was 2.5%, we could have a single stable consumption volume close to zero in hypermarkets and supermarkets on the end of the year," said Jacques Dupré. According Gaëlle Le Floch, Director Strategic Insight in WorldPanel Kantar, "private labels could then have a playing card."

The Paris Bourse closed on a clear upward - June 29, 2011

Busy schedule these days. The successor to Dominique Strauss-Kahn to head the International Monetary Fund could indeed be announced this Tuesday – Christine Lagarde is the favorite -. But it is about Greece that all eyes remain fixed, while growing and sy strikes may last until the vote of the austerity plan by the Greek Parliament which must take place by Thursday. However, it seems, according to analysts, the markets are betting on good news. While the euro area would, as a precaution, already developed a backup in case of a negative vote.

In the wake of Wall Street is stepping up its gains since the opening day, the Paris Bourse ends in a net increase of 1.46% to 3851.89 points.Optimism is the same on other stock markets: featuring Dax index of the Frankfurt Stock Exchange finished up 0.88% to 7170.43 points and the London Stock Exchange, the FTSE-100 index of major values ​​gained 0.78% to 5766.88 points.

On the currency markets, the euro has stabilized at 1.4305 dollar. Oil prices also rose in New York, the market betting on the release of new funds for Greece to prevent it from falling into bankruptcy. To 15 hours, on the New York Mercantile Exchange (Nymex), a barrel of "light sweet crude" for August delivery traded at 81.84 dollars, up $ 1.23 from the previous day.

Housing: housing starts and building permits up

On the macroeconomic front, the number of starts of new homes increased by 11.4,% year on year in France for the period from March to May, while the number of building permits for these homes has increased 4.3%, according to figures from the Ministry of Housing.

At 18 hours, will be published the figures for registered job seekers and offers collected by the job center in May.

In the U.S., the price of houses fell 0.1% in April, down very low which could indicate a stabilization of the real estate market housing in the early spring season marked by a more many purchases.The S & P / Case-Shiller, measured in 20 metropolitan areas in the U.S. data seasonally adjusted, was expected down 0.2% according to economists polled by Reuters. Data not in CVS, however, the index increased 0.7%, its first increase in eight months.

The U.S. consumer confidence is, she fell in June to its lowest level since November 2010 because of concerns about jobs and economic recovery, according to figures released Tuesday by the Employers' Federation Conference Board. The confidence index fell to 58.5 in June, after 61.7 (revised from 60.8) in May. The median consensus analysts polled predicted by an index to 60.5.

Carrefour jumps, Casino unscrews Accor (4.51% to 29.87 euros) is the head of the CAC40.Against a background of optimism about the outcome of the parliamentary debate on the budget austerity in Greece, the banking sector performs well: Crédit Agricole climbed 3.56% to 9.9887 euros, Societe Generale is 3.03% to 38.81 euros, BNP Paribas rose 1.93% to 51.13 euros and Natixis gained 1.75% to 3.31 euros.

EADS: + 2.22% to 22.54 euros

China could control dozens of Airbus during a visit of Chinese Premier Wen Jiabao Tuesday in Berlin, said on Monday sources familiar with the matter.

Carrefour: + 3.74% to 27.44 euros; Casino: -5.61% to 62.20 euros

The distribution group received Monday a "proposal" to create Gama Brazilian joint venture equally owned by both groups in Brazil, the latter to eventually become a shareholder of Carrefour.Casino intends to disturb their alliance, saying the project "hostile", prepared in secret, but against which "has the power to oppose."

In addition, the rating agency Fitch has downgraded the French retailer Carrefour up a notch to BBB +, along with a negative outlook, expressing concern the pace of recovery activities and French pressure from shareholders , said in a statement Tuesday.

Thales: 0.39% to 28.50 euros

According to an internal study cited by the Tribune, the electronics group shows a drastic decrease of 13% of customer satisfaction since the arrival of the new direction.Some regret the centralization of applications and other lack of attention to their concerns.

Lagardère: 1.42% to 28.14 euros

Analysts at the Swiss bank UBS raised their recommendation on the title to "buy" against "neutral" before.

Trigano: -5.58% to 21.76 euros

The specialist for caravans and motorhomes has said it expects a sales growth and results in 2011, following growth of 8.2% of its business in the third quarter, which covers the period from March to May

Teleperformance: -8.11% to 19.14 euros

The global call center cut its operating margin target in 2011 because of the recent slowdown in its business in the United States.

BioAlliance Pharma: + 1.50% to 6.10 euros

The biotechnology company said it had filed with the French Drug Agency an application for leave to Phase III clinical trial for Livatag, treatment of primary liver cancer.

CGG Veritas: + 0.80% to 23.37 euros

The group signed with the oil services group Bourbon marine services to offshore oil and gas a charter contract for five years to six new vessels support and assistance to its seismic surveys.

Aeronautics recruited 10,000 people in 2011 - June 23, 2011

Civil orders on the rise in air traffic growth, an area facing an aging population pyramid … All these factors explain the dynamics of employment in the aviation and aerospace.

The Gifas announced for 2011 almost 10,000 recruits. It's more than in 2010. As for the annual "Requirements labor" performed by employment center, it confirms that the aircraft remains the largest source of employment in the Midi-Pyrenees, with 1500 jobs expected at Airbus, near of 2000 jobs in the aerospace subcontracting and 39% of hiring an interim basis.

"Aviation is a particular market. Cycles tend to sync their economic crises. The lifetime of an aircraft is 50 years, that of a satellite, DE20 years.It's very different from the automotive sector, with shorter development time, is very dependent on market conditions, "said Benedict Binachon, general manager of the firm Futurestep. This subsidiary of American Korn / Ferry International conducted a quarter of its turnover (16 million) in the industrial sector. "It's hard, inside, measure from the aircraft. Between large contractors and their subcontractors, are diffuse recruitment. "He believes however that the need for France in the thousands. "Companies need to increase the sail quickly.They must renew generations and have no room for error. "

Requirements Engineering

What about the profiles sought? "The industry was reorganized and includes many approaches and methods from other industries, in a logic of optimizing costs, reducing product development time and production time. It takes a lot for example in the automotive sector, which has developed a long time already highly efficient industrial logic, "said Celine Hulot, a consultant at Futurestep. In this context, the sector is recruiting heavily on industrial functions in production methods, supply chain, purchasing, and research profiles experienced (at least five years experience) from other technical environments, such as automobiles.As for the graduates, places are open in the engineering, development and R & D.

"Our industry creates jobs, but it is difficult to recruit engineers, says Louis Le Portz, Commissioner of the Paris Air Show. The image machine tool, feet in oil, is still very present. The brightest prefer to work in finance. "Where wages are more attractive … The differences are not hiring, but in career progression. At 30, an engineer working in the quantitative trading affects an average of 200 K €, the equivalent of the salary of a senior in the space …

Pool of graduates

However, the sector remains very attractive. And those who choose it often do so out of passion for the product. The success of "Operation Fly your ideas" launched by Airbus in 2008 is proof.Open to students worldwide, this competition invites innovation, offering to imagine a greener future for the aircraft. The second edition was attended by 2600 students from 75 countries. The winning team, which will be designated at the Paris Air Show, will pocket 30,000 euros. If the operation is not a direct recruitment tool, it provides access to a pool of talent. It also enhances the employer brand. On its recruitments this year, Airbus expects 30% of graduates and 25% women. The feminization of the workforce is another major issue in the sector.

Radio: the transfer market leaders accelerating - June 15, 2011

Listeners of "The Happy Button" on RTL have discovered on Tuesday morning at 11 am 30. Christophe Dechavanne replaced Cyril Hanouna alongside Jean-Pierre Foucault. He co-host the program "until the end of the season," said the station, which refuse to specify the form that this collaboration in the fall. The only certainty in September, "La Bonne Touche will not be scheduled daily, but on the weekend. The program frees its edge Stephane Bern, which has released "The Mad King" on France Inter to join the private station.

Christophe Dechavanne, who has officiated on RTL in the early 2000s, particularly delicate position "successor" by Philippe Bouvard, replaces Cyril Hanouna offhand. He had been dropped from the air last week, following the announcement of his departure for the morning music radio Virgin Radio.It must succeed Bruno Guillon, who after six seasons on Virgin Radio will join Fun Radio (RTL), to animate the "6:00 to 9:00" in the fall. "Our discussions with Bruno took place quickly and naturally," said Jerome Fouqueray, CEO of Fun Radio, in a statement. Its very positive, which corresponds perfectly to the values ​​of Fun Radio, will help power up again in the wake of audience records broken this season. "

Nikos Aliagas on Europe 1?

Fun Radio was illustrated in the latest survey of hearing Médiamétrie as the station that recorded the largest increase in a year. Gaining 0.9 point, it reached 7.9% of total audience, as much as Skyrock, the months from January to March.

Bruno Guillon takes a position made vacant by the departure of Manu Levy for NRJ.The first musical de France decided to give him his morning so far at the hands of Nikos Aliagas. The latter could reach Europe 1, said the Nouvel Observateur site Monday. Engine since January transfer window with the successive departures of Nicolas Demorand and Marc-Olivier Fogiel – replaced respectively by Nicolas Poincaré and Bruce Toussaint, radio generalist Lagardère has also renewed the contract Nagui, who is assigned on a show weekend to replace his daily game. Europe 1 has also renewed Benjamin Petrov, host of "Morning Breakfast" (5:00 pm-6 30), who becomes the joker Bruce Toussaint and presenter of the morning on weekends. He was replaced by Emmanuel Maubert weekdays.

Started very early, the ball transfers radio is far from over. Listeners France Inter ahead including the name of the person who will succeed Stéphane Bern.

Ipsos could include the top 3 market research - June 6, 2011

New turmoil in the global market for education. The British group Aegis and French Ipsos confirmed Monday that it entered into discussions for the sale by the former to the latter its subsidiary Synovate market research. Exchanges are still at a preliminary stage. And the auction could climb. Recovered 500 million pounds (560 million), assets of Aegis are likely to interest other predators, starting with the giant German GfK study, who missed the takeover of TNS by WPP in 2008.

For Ipsos, engaged for fifteen years in the internationalization of its activities, the acquisition would enable Synovate to continue his race for size, rising to become world's third largest school, behind the U.S. and Britain Nielsen Kantar (WPP ), doubling the German GfK.It would strengthen its positions in Europe and North America, access to new markets like South Africa or Scandinavia, but also to double in size in Asia, Synovate has achieved 27% of its activity in 2010 and nearly 10% growth.

"We could also strengthen our role with our key customers in financial services, automotive or consumer," said Didier Truchot, Ipsos co-president and founder. The financial structure of the French group, which exceeded one billion euros in sales last year, allows him to consider this acquisition with cash of $ 150 million and a low debt ratio.

Possible dismantling

Remains to be seen what this operation for Aegis.Some analysts believe that the sale of Synovate, which represents 40% of the activity of the UK on a total income in 2010 of 1.46 billion pounds (1.68 billion euros), opened the way for dismantling. A scenario reactivated by the recent statements by Vincent Bollore, the group's largest shareholder with 26.5% stake, which now calls his participation purely financial investment, therefore intended to be sold. Having failed to bring Aegis of Havas, which is also the main shareholder, the French businessman could withdraw at encouraging the sale of Aegis by apartments. The transfer studies buckled, the media arm (Carat, Vizeum) could then concern several communication groups, including the French Publicis and Havas ….The two groups are no comments for now.

This hypothesis is more plausible that there are few synergies between the two branches of Aegis. Speculators are not wrong. At the announcement of discussions with Ipsos yesterday morning, the action of the British group has jumped from 7% to the London Stock Exchange, its highest level in four years.

Another scenario: Aegis could use the proceeds from the sale of Synovate to strengthen the media. The group wants to reduce its dependence on particular markets in Western Europe to grow in the U.S. and boost its digital business. In the first quarter, the media arm rose 10.1%, against an increase of 7.3% for Synovate.

Employees telecommuting parents aspire to - May 13, 2011

Telecommuting to the rescue of employees with children. The latest barometer of the Observatory of parenthood published this Friday, parents, employees expect more flexibility from their business to help reconcile work and family life. One third of them even 35% of managers would like in particular that their employer encourages telecommuting. It is the measure within the daily organization they would most like to see implemented before the observance of simple rules such as the lack of meetings late at night, or the creation of family leave.

Companies seem to have gotten the message. They are more likely to offer their employees the opportunity to work from home. Microsoft, Oracle, Renault, EDF or Alcatel-Lucent, have recently concluded agreements encouraging the practice.Even the public service there is, indeed long overdue. Before signing an agreement last January, Secretary of State for Public Georges Tron still lamented that only 1% of state employees working remotely.

20% of employees teleworking in Northern Europe

More generally, 16% of parents surveyed employees say they can already regularly work from home, against just 10% two years ago, he stresses the barometer. In Paris, this proportion rises to 26%. The latest figures published on the subject by the Center for Strategic Analysis revealed a rate of employees teleworking slightly lower at 7% in 2009. In this game, France is lagging behind: in northern Europe, this proportion rises to 20%.

Because employees are not the only ones to win.A study by the National Agency for the Improvement of Working Conditions (NAALC) in March highlighted the many benefits of telecommuting for the employer. According to Denis Berard, in charge of the NAALC, the productivity of employees off from 20% to 30% in this configuration. Less fatigue related to transport, more motivation due to increased autonomy, boost the efficiency of employees. One way, however, reduce property costs and build up a reputation for ecological and social cheaply, said Anact.

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The Tokyo Stock Exchange started the week poorly - May 9, 2011

Despite the good employment figures in April in the United States, the Tokyo Stock Exchange does not follow the upward trend in most other Asian financial centers. Shortly before the close, the Nikkei lost 0.49% to 9810.49 points. And this, after opening slightly up by 0.23%. The stock index has erased its gains following the resurgence of the yen against the dollar (the dollar to 80.56 yen quoting, down 0.20%). Suddenly, the export values ​​as automakers were down: Toyota loses 0.77% to 3185 yen and Nissan loose 1.03% to 769 yen.

After the attack of hackers he was the subject last April 20 which led to the flight data from more than 100 million customers, Sony announced Saturday that its services online games, downloading, music and video on demand would remain closed until an unspecified date.Financial markets do not seem worried about the news, climbing from 1.72% as at 2301 yen.

Other Asian stock markets rise sharply

On other Asian financial centers, the trend is clearly upward, with investors reassured by the numbers of U payday loans online.S. employment in April unveiled last Friday. In China, the Hang Seng in Hong Kong gained 0.92% to 23,373.20 points and the CSI 300 Index is 0.49% at 3136.73 points. Elsewhere, Taiwan TAIEX advances from 0.90% to 9057.71 points, the KRX 100 Index in Seoul was up 0.46% at 4600.22 points, the S & P / ASX 200 in Sydney was up 0.42% points to 4762.70 and the FTSE Straits Times rose 1.34% to 3140.97 points.Only 30 of Bombay BSE Sensex lost 0.40% to 18,445 points.

Oil prices regain some ground

Oil prices were on the upside Monday in electronic trading in Asia, resuming after the sharp fall of over 15%, observed last week.

In morning trading, a barrel of light sweet crude for June delivery gained 1.18 dollars to 98.36 dollars. That of Brent North Sea also June delivery gained 52 cents to 109.65 dollars.

The last typewriter factory closed its doors - April 28, 2011

The order of keys on computer keyboards is now the last vestige of the era of typewriters. In India, the last factory in the world still producing the devices on which generations of typists have damaged their nails, just down the curtain.

The Daily Star has revealed that, without controls, the group Godrej & Boyce, based in Bombay, not surprisingly, decided to cease production after more than half a century of production.The fault, of course, the irresistible rise of the computer, which has reduced from 50,000 units in 1990 to only 800 in 2010, the number of units produced annually by the conglomerate of the subcontinent cash advance.

The Indian government has given the coup de grace by deciding to gradually move to IT, to the chagrin of officials who say old type faster on a machine.

To liquidate the latest machines in stock, Godrej & Boyce shakes the rope speculation. "This is the last opportunity for fans of typewriters," said the Indian press one of the leaders of the group.

Accuracy before rushing to Mumbai: Most of them are intended for texts in Arabic.

Madrid hopes to escape the contagion - March 27, 2011

In Madrid

Following the announcement of the resignation of Prime Minister of Portugal, Moody's downgraded Thursday the score of 30 banks in Spain. Coincidence that serves as a warning: Madrid must react quickly and provide guarantees about the soundness of its financial sector if it wants to prevent Lisbon from the edge of the financial bailout, did in its wake.

Until now, Spain had still managed to differentiate itself from Portugal. Lusitanian crisis was indeed a limited impact on the public debt Hispanic. The differential between Treasury bonds and German Spanish this week was located around 200 points, down from 280 in November 2010. Suddenly, the Spanish press is optimistic: "The markets are now the difference between Spain and Portugal," and headlined Thursday newspaper El Mundo."The markets have recognized our efforts," he reassured the Minister of Economic Affairs, Elena Salgado.

Unlike Portugal, Spain conducted last year, major reforms on pensions, labor market and, more recently, she brought order into its financial system.

Two intertwined economies

The two Iberian economies, however, are closely linked. Spanish companies present in their neighbor and realize 9% of Portuguese GDP.As banks and savings banks, they hold 34% of their international assets Portuguese counterparts.

These 76 billion makes Spain the country most exposed to the Portuguese debt, just ahead of France – French banks hold 33% of assets Portuguese.

Spanish financial institutions but also suffer from handicaps of their own, including the complex structure and scattered savings banks. Despite the ongoing mergers, Madrid difficult to explain to partners the logic of his cajas. These regional entities, subject to local political and hit hard by the bursting of the housing bubble, have great difficulty in financing. In fact, the credit companies most poorly rated by Moody's are the majority of savings banks.Argandona for Antonio, a professor of economics at IESE Business School, the rating agency "seeks to protect his rear," because "the problems of Spanish banks have been known for a year and nothing new has occurred with the Portuguese crisis. "

Economists admit the possibility of a domino effect, while limiting its scope. The Portuguese crisis is closely observed in Spain. But in Madrid, is waiting for another trial by fire: the results of stress tests imposed on new banks, expected in June.