Breaking News, World, U.S., Entertainment …

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.

ALSO READ:

"The ten new products that will change the cinema

"What will change in movie theaters

Filed under: business, events, features, news, online by admin Comments Off

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."

Filed under: events, features, money, online, technology by admin Comments Off

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.

Filed under: business, economic, economics, money, online by admin Comments Off

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.

Filed under: Uncategorized, money, online, publications, resources by admin Comments Off

And two. Having poached in March, Laurent Joffrin of the co-chairmanship of Liberation to entrust the reins of Le Nouvel Observateur and the chief editor of news magazine, Perdriel Claude, the owner of the newspaper group, has hired Wednesday Nathalie Collin Co-Chair of the daily street ranger. Aged 46 years, the former boss of EMI France, who had joined Liberation in 2009, will assume his new duties in early August. Alongside Laurent Joffrin as co-chair of the board of the Nouvel Observateur, it will specifically support "strategy, development, partnerships and management." It will also be responsible for DG Debt Management Group, which also publishes Challenges and Sciences et Avenir. These two transfers decapitate the leadership of Liberation, in a situation remains fragile – the newspaper that has reached 200,000 euros profit in 2010.After considering an exchange of equity and industrial and commercial synergies with Le Nouvel Observateur, the newspaper is engaged since March in a plan to recapitalize nine million euros made by the group Colbert Land, of which 6 have already been paid. Edouard de Rothschild, chairman of the supervisory board and shareholder at 26% Payment at par with Colbert Land, must quickly find a successor to Nathalie Collin. In the entourage of the French businessman, is no secret that the revival of Libération is far from over. "There are still chapels, personal conflicts, with a very old organization. The newspaper still has room for improvement and optimization, "says one Business Card Holders.

LE FIGARO. After Laurent Joffrin-Claude Perdriel, boss Le Nouvel Observateur, has poached the co-chair of "Liberation", Nathalie Collin. Do you feel betrayed?

Edouard de Rothschild.The torque-Laurent Joffrin-Nathalie Collin has improved the content and quality of Liberation, but as a fellow shareholder and chairman of the supervisory board of the newspaper, I am a reproach to have left to buy social peace without reforming the business . This is an opportunity for liberation can modernize and reform the house, whether its organization, operation, management.

A few months ago, you were considering a merger with Le Nouvel Observateur '…

As a shareholder, I'm not political and I observe from a distance, but I find that a squabble between Le Nouvel Observateur and Liberation is sterile, unproductive, when primaries will play within the Socialist Party and where major substantive discussions will be held on the left.

Your strategy for "Liberation" Will it change?

Le Nouvel Observateur is an aging institution.Today, a generation of readers is renewed. It is within this context that Nicolas Demorand joined Liberation as "publisher". A new "publisher" should be appointed shortly. We have some interesting candidates to succeed Nathan Collin. We will choose three to Bruno Ledoux, group Colbert Land, the daughter of Italian shareholder Carlo Caracciolo, and myself.

Filed under: business, economics, features, finance, international by admin Comments Off

The CAC 40, which is ironed Thursday to above 4000 points, failed to show a third straight session of gains. At the close, the CAC 40 index shows a sharp decline of 0.92% to 3990, 85 points. aaccentué market downturn after his decision known to the rating agency Fitch lowered the rating by three notches from Greece.

For the week, the CAC declined slightly by 0.70%.

Ala London Stock Exchange, the FTSE-100 ended with a slight decline of 0.14%, while the Stock Exchange Frankfurt, the Dax 30 shrank more sharply by 1.26%.

On the macroeconomic front, the deficit of the balance of current accounts in the euro zone rose to 4.7 billion euros in March, against 6.5 billion euros in February, according to preliminary figures released Friday Bank European Central Bank (ECB).

The euro continues to rise

This fragile economic environment in the United States enjoys the euro continues to rise, albeit less strongly in mid-session, against the dollar. In one week, the single currency rose to 1.4272 dollars from 1.41 dollars.

In midday trading, a barrel of oil, light sweet crude for June delivery gained 0.65% to 99.57 dollars.

Siemens will pay 648 million euros Areva

Sanofi-Aventis: -1.28% to 54.04 euros

The anti-arrhythmic Multaq group Sanofi, marketed in France since October 2010 and currently reimbursed at 65%, is threatened with delisting, but the final decision remains subject to such a hearing of the laboratory, according to La Tribune.

Areva: 1.59% to 30.63 euros

Areva must be "within fifteen days" a check for 648 million euros from Siemens, according to an arbitration Thursday by the International Chamber of Commerce bad credit payday advance. The group with the Executive Board is chaired by Anne Lauvergeon accused the German group for its commitment with the Russian Rosatom even before he uttered his divorce with the joint venture Areva NP.

GDF Suez: -1.19% to 26.09 euros

On the corporate side, an employee of GDF Suez made a suicide attempt on May 14, immolation by fire.The framework of management information systems from Lyon is currently in critical condition.

Vallourec: -1.13% to 86.91 euros

Bollore sold two thirds of its stake (3.5%) in Vallourec for 275 million, pocketing a profit of 141 million euros.

PPR: +0.25% to 121.85 euros

PPR "take the time necessary" to make acquisitions and divestitures, "said CEO Francois-Henri Pinault, during the group's general assembly yesterday.He added that the luxury group still holds 42% stake in CAM after its IPO in late 2009.

Suez Environment: -0.32% to 15.37 euros

Suez Environment has confirmed its objectives for 2011, an increase of more than 5% of turnover and over 10% of gross operating income.

Biomerieux: 2.33% to 77.38 euros

Biomerieux will acquire the control specialist microbiological industry AES Laboratoire for 183 million euros. Under the strategic plan 2015, BioMerieux is an annual organic growth in sales of 7 to 9% on average.

Pierre & Vacances: 1.55% to 54.36 euros

Pierre & Vacances buys 50% of managers of tourist residences Citéa a subsidiary of Nexity. The transaction amount was not disclosed should be finalized in late June

Filed under: economic, features, international, top news, world by admin Comments Off

They called France Telecom, Renault and Servier. Their common thread? All have recently suffered scandals at the national level: the wave of suicides among the telecommunications specialist, the case of industrial espionage for the fake diamond brand, that of health scandal for the pharmaceutical company. Despite their armadas of communicating, their leaders have been unhappy about – moved or wrong – strengthening the media attacks against their companies.A bit like Dominique Strauss-Kahn, before being arrested this weekend for a sex scandal, which was mounted in late April in the Porsche one of his advisers in communication, and which the press has field day, lamenting the return of a certain "caviar left."

Recently, France Telecom has still found in the eye of the cyclone with the immolation of an employee in the parking lot of one of its sites, falling to 58 the number of suicides by employees of the company since January 2008. However, a few months earlier, the operator welcomed the return to "normal atmosphere [...] as in any business, with its ups and downs." And Stéphane Richard, CEO of the group, calling in our columns to "prudence" of unions and the media, seeing some suicides in "the dramas of life [...] a priori unrelated to the company."

For Laurent Vibert, a specialist in crisis communications, "companies sometimes think too fast as they overcame their problems." And when a case resurfaced, "the communication team has not really tools, and is outdated or discredited." Back to the wall, Jean-Bernard Orsoni, spokesman and Press Secretary of France Telecom, is now positioned as a scapegoat, "at a time, for various reasons, it has become an emblematic case of the issue of suicide at work. But it illustrated only by France Telecom, "he says indignantly. Before advancing in comparison to the less shifted, "You know how many suicides per year in the Nord-Pas de Calais? 860! "

Bosses "disconnected from the French and their business"

According to Laurent Vibert, the leaders often have difficulty "to put in place of the listener."In general, "they are disconnected from the reality of their business." For some even their ego outweighs the advice of communications companies. Emblematic example, Jacques Servier has shocked France during his wishes for the new year, Assen: "The Pick, only three deaths." Following these comments, the agency Image 7, which was trying to catch the blow, made her apron. Anne Meaux, the head of the prestigious advertising agency, did not wish to return to this breakdown door. But according to our information, it generally deplore the lack of flexibility that agencies have to manage certain crises.

Carlos Ghosn, the Renault boss had not shot his best card, when, after twenty long days of silence that followed the bursting of the case of industrial espionage, it appeared to log 20 hours TF1, asserting that he had "multiple evidence" against three executives of its licensees. Except that shortly after the affair turned sour, making a false case. "Yet all the work of communication officers to ensure the veracity of such facts, demonstrates connecting to a large group. If they are not sure, they do not go 20 hours. " In this case, it appears that Carlos Ghosn has bypassed the 'com' "and went to seek advice from his relatives.In well-informed circles, the name of Maurice Levy, CEO of Publicis, was circulated.

In the end, though most attacks mark the minds and impacting time corporate image, "they have no lasting effect on their accounts," Judge Laurent Vibert. He stressed that "the memory of the crisis is short enough." It supports such as Toyota, including the general public "has already forgotten the massive recalls of vehicles" in the first quarter after serious technical problems. At Renault, any downturn is to be deplored. In the eyes of financial analysts, brand diamond is in a good momentum and its prospects remain promising, particularly in the power, with its strategic plan 2016.

Advice for home equity Natixis Securities, the purchase value, the espionage affair has nothing impacted earnings forecasts and the group has been the subject of any comment.Except recently: "The page is definitively turned [...], the General Meeting of April 29 was handled masterfully." With Carlos Ghosn in the role of conductor. In addition, Renault has signed an "excellent start to the year" marked by a growth in turnover of 15% in the first quarter. In the end, even if the stock has lost more than 3% in one trading day after the resignation of Patrick Pelata, number two in the group, the manufacturer has saved his feathers: action lost 5.2% since the beginning of year when the CAC 40 gained 5% and 7% Peugeot. But the gap is mainly due to the earthquake in Japan, which affects its Japanese ally Nissan.

The side of France Telecom, the title has hardly budged since 1 January, as the sector index telecommunications."While the crisis in a group does not affect supply or demand, then the impact of this will be invisible in the notes of some analysts and passed on to the stock price," says one analyst Paris. So when Toyota was living the crisis recalls of millions of cars when the BP oil platform exploded in the U.S., while production is directly affected and the immediate outlook revised downwards. As for Servier, non-listed, the case of the Mediator has not affected: the company has two billion euros in cash and no debt. Despite the compensation to be paid by the group, the Mediator crisis should not force him to sell assets. And even if the political and legal battle concerning the financial compensation to victims has just begun.

Filed under: Uncategorized, business, events, features, online by admin Comments Off

On Wednesday morning, Adriana Karembeu scrolls at the Palais Brongniart. More precisely, the model of Slovak origin, who was elected in 2006 sexiest woman in the world, presented its business plan for its cosmetic company AKD, along with his partner Alain Legout guaranteed online payday loans. It aims to introduce the SME founded six years ago on the open market. Last year, AKD has made 900,000 euros in sales and 382,000 euros in losses.

The player has to use default in the articles of figaro.fr. maj1

Filed under: business, events, international, people, world by admin Comments Off

Facing the crisis, French companies have on average continued their innovation efforts. According to figures released Tuesday by the National Institute of Industrial Property (INPI), 12,400 patents were in fact published in 2010 (and filed between July 2008 and June 2009). An increase of 4.7% over the previous year.

No change in the top three: the automotive sector remains at the top of the poster with PSA Peugeot Citroën, with 1152 champion patents. He is well ahead of its rival, the Renault group which counts 562. However, both manufacturers have significantly reduced their innovation efforts: the number of patents of PSA and Renault declined by 9% and 38%.

High concentration

Conversely, patents filed by L'Oreal, the number three ranking, increased 6%.The biggest increase for the Arkema Group, has filed 161 patents, an increase of 49%!

In total, the first twenty applicants concentrate 40% of patents publiés.Si companies represent nearly three-quarters of applicants, three research centers are also taking their game: 4th ranking, the Atomic Energy Commission and Energy Alternatives (CEA) was 19% more patents issued in 2010 than in 2009 overnight pay day loans. In 7th place, the Centre National de la Recherche Scientifique (CNRS) sees its patents jump of 37%. Finally, the PFA-Energies Nouvelles ranked 10th.

Up 18.5% in 10 years

"French companies of all sizes, make great efforts to maintain and increase levels of competitiveness and attractiveness of France, welcomed the Minister of Economy Christine Lagarde, quoted in the statement."In 10 years, the number of patents filed by French companies has also increased 18.5% despite the passage of several crises," said Yves Lapierre for his part, Director General of INPI.

For the INPI, the increase in patenting is "the combined result of the progression of major groups and some major players in public research, but also for SMEs that maintain their effort in 2010 with an increase of 10.8 % increase in deposits. " The Institute also attributes this growth to its "efforts (…) in information and awareness on industrial property but also to simplify procedures." Electronic filing of patents is now 69% of deposits.

Filed under: Uncategorized, online, people, publications, world by admin Comments Off

After opening down, Wall Street back into positive territory on Friday. At the close, the Dow Jones gained 0.50% at 12,044 points, the S & P 500 ahead 0.71% to 1304 points and the Nasdaq rose 0.54% to 2716 points.

A great performance, despite concerns about the earthquake that hit Japan last night, disappointing indicators released Thursday and continuing tensions in Libya.

Oil continues to unwind

These concerns, however, have allowed oil prices to relax. Shortly before the close of Wall Street, Brent yielded $ 1.74 (1.51%) to 113.65 dollars. For the week, crude texant lost $ 3.26, or 3.12%.

On the macroeconomic front, retail sales in the U.S. rose 1.0% in February from January, as analysts anticipated, according to figures released Friday in Washington by the Department of Commerce.

U.S. consumer confidence fell in March, according to an index released Friday by the University of Michigan, which was 68.2 against 77.5 the previous month.

Restocking of manufacturing firms and corporations increased 0.9% compared to December in the U.S., according to figures released Friday by the Washington Department of Trade and rather good news for the U.S. GDP.This increase is slightly greater than the median forecast of analysts who gave 0.8%.

AIG: 2.36% to 37.34 dollars

The insurer American International Group said on Thursday to buy back $ 15.7 billion in cash (11.4 billion) of mortgage assets that the U.S. government had recovered during the financial crisis through the bailout group.

National Semiconductor: 3.74% to 14.69 dollars

National Semiconductor has published an annual turnover less than expected for the third quarter of fiscal year due to destocking at its distributors, but its forecast of sales growth for the current quarter is in line with expectations .

Clearwire: 0.17% to 5.76 dollars

The Clearwire CEO Bill Morrow has resigned as part of a wider reshuffle at the head of the wireless network operator, amid difficulties to finance its investments and dispute between the group and its majority shareholder Sprint Nextel.

Chevron: 0.85% to 99.92 dollars

Chevron announced the sale of its refinery in Pembroke, Great Britain, for 730 million dollars U.S. refiner Valero. The latter said in a separate release that the acquisition would be accretive to its earnings immediately, adding that the transaction should be finalized in the third quarter.

Apple: 1.53% to 351.99 dollars

Apple launches this Friday the marketing of the new version of its iPad tablet.

Filed under: economic, opinions, people, technology, world by admin Comments Off