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The top news headlinesSNCF advantage of the good tourist season in France - July 29, 2011
The political crisis of the Maghreb countries, boosting the number of tourists to France this summer, benefits the station. "We see a strong recovery in passenger traffic in France since mid-May," said David Azema, deputy director general strategy and corporate finance. After a difficult start to the year, hit by ongoing work on the network, the TGV of domestic activity recovered in the second quarter, with sales up 4.5% at end June The trend was more spread earlier this year. Throughout the first half, the station achieved a sales increase of 9.5% (6.1% at constant perimeter and constant exchange rates), to 16.3 billion euros. Firmly committed to a recovery plan of its accounts by 2015, it increased its operating margin to 8.4% (against 6.8% at end-June 2010). For the record, she has set a minimum of 10% in 2015."The accounts of the first half showed that we are on track, says David Azema. We do what we said, with the obsession of a return to a satisfactory level of profitability to cover investment needs essential to the quality of service and development. "
In one year, SNCF has stabilized its level of debt (8.7 billion euros) and increased its net profit group share of 478 million euros to 558 million, mainly due to the improvement in profit Financial.
The company is now able to self-finance 92% of its investment. During the first six months, it has invested 1.3 billion euros ($ 1.1 billion from its own funds). A 80%, this is the purchase of equipment (43 TER trains, 20 trains Francilien, 4 TGV trains, 26 locomotives …).
The royal wedding impact growth - July 27, 2011
In London
It would be unfair to put all their back, but the marriage of Kate Middleton and Prince William has indeed drag on growth in the second quarter. The holiday offered to the British for the occasion has led to closures of factories, office buildings, helping to slow growth in the second quarter in Britain: 0.2% GDP growth, whichever comes first estimates published yesterday.
Other factors that have sealed-off growth: the heat of April, which reduced electricity consumption, and the drama of Fukushima, resulting in supply problems in the industry. Without these special events, growth reached 0.7%, according to the Office for National Statistics (ONS).
The general view of economists, these figures are not brilliant but the disaster that some had predicted did not occur.The Economy Minister George Osborne is relieved: "The good news is that the UK economy continues to create growth and jobs." But the goal of annual growth of 1.7% is particularly difficult. Also believes the opposition does the government needs to soften its austerity policy: "These figures show that the return to growth has been strangled by the increase in VAT set up by George Osborne and lower costs budget, "said Ed Ball, a spokesman for Labour cash advance today.
"There is no plan B"
But it seems unlikely that the government changes its mind. "Our economy is stable right now because the government has taken tough decisions to take over the debt, Osborne continued. If we abandon this policy as some want, we will jeopardize the jobs and growth. "The Chancellor of the Exchequer is supported by the Liberal Democrat Minister of Commerce, that "there is no plan B. We must keep our commitment. " Vince Cable, that the Bank of England to support growth by easing monetary policy again.
Small encouraging sign: the sale of tickets for the Olympics began during the second quarter, but according to international conventions, will be counted in GDP at the time of the Games themselves, in a year. Alone it is 0.1 percentage point of growth, the ONS calculates.
Prada: Getting Started on the Stock Exchange of Hong Kong - June 24, 2011
The Italian luxury brand, Prada is the first of his country to its IPO on the Hong Kong. On his first day of trading, securities were up 0.25% in early trading to 39.60 Hong Kong dollars (3.56 euros), against an introductory course in 39.50 dollars in Hong Kong ( 3.55 euros), while the Hong Kong Stock Exchange opened with a gain of 0.39%. This allows Prada raise $ 2.1 billion.
Despite these humble beginnings, the company hopes most luxurious increase its visibility in Asia with the regional listing. Sales of luxury products are doing very well in this part of the world. China weighs more heavily, representing the second largest market behind the United States and ahead of Japan. The industry shows growth rates of nearly 25% annually in the Middle Kingdom free credit score online.A trend expected to continue at least over the next five years, analysts said. The consulting firm PricewaterhouseCoopers expects that China will become the first market in the world by 2015. The sign of Milan also provides a major expansion plan throughout the Chinese territory in the years to come.
Prada is not alone in courting the Asian markets since the stock market. Burberry and Coach American also announced their intention to rate in Hong Kong. Prada's performance will be regarded as a test for the Asian market place, where Samsonite has recently disappointed by losing 11% on the day of its listing on June 16.
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The CAC 40 clears its gains since the beginning of the year - June 16, 2011
The mood remains gloomy in the Paris Stock Exchange on Thursday. In the wake of a meeting which saw the CAC 40abandonner 1.49%, morale remains low. At the opening, the Paris index lost another 0.83% to 3775.38 points, its lowest level since January. The LSE has also opened lower, the FTSE-100 index losing 0.74% to 5700.08 points. The Dax in Frankfurt following the movement with a decline of 0.74% to 7062.18 points.
This bad mood, which led to Wall Street and Asian markets this morning in the dark wheel is mainly due to Greece. Indeed, the financial and political situation of the country bogged down. The extraordinary meeting of finance ministers ended in failure Thursday, Europeans who are unable to agree on the role of private creditors in the new relief measures.Meanwhile, violent demonstrations took place before the parliament of the country, forcing the Prime Minister George Papandreou has announced a reshuffle of his government to be held this Thursday, when he called for a vote of confidence in parliament.
Concern has also been strengthened by the publication in the U.S., macroeconomic statistics disappointing. The U.S. recovery has yet shown signs of weakness yesterday, especially in the industry.
Program loaded overseas
This Thursday, in addition to Greece, the eyes are again turned to the United States.The schedule of publications of indicators is still in effect with the American program: the current account of the first quarter, weekly jobless claims, housing starts for new homes and the index of manufacturing activity in the Philadelphia area.
On the currency side, the Greek situation causes the euro down. The euro lost 0.52% to 1.4117 dollars in morning trading. Yesterday in the evening in Paris, the European single currency was worth 1.4180 dollars against 1.4440 dollars late Tuesday. Meanwhile, oil prices rebounded due to bargain hunting. A barrel of light sweet crude for July delivery gained 48 cents to 95.29 dollars while that of Brent North Sea crude for delivery same progressed from 99 cents to 114 dollars.Investors buy oil after the sharp decline yesterday, which saw prices go below $ 95 a barrel.
Values to follow
Areva, Eramet
Luke Oursel, deputy CEO of Areva, is the favorite to replace Anne Lauvergeon head of French nuclear specialist, reports the newspaper La Tribune. In addition, the group has extended for six months its shareholders in companies with Eramet Sorame and CEIR representing the shareholders of the family Duvan.
Sanofi
The group announced Thursday the signing of a research collaboration of two years with the Dutch biotechnology company Audion Therapeutics for development of potential treatments for hearing loss.
EADS
The low cost carrier Philippine Cebu Air said Thursday it had concluded a $ 3.8 billion with Airbus for an order for 30 A321s and seven A320s.
Renault
The Renault-Nissan is about to take control of Russian automaker AvtoVAZ, an acquisition that would propel the world's third largest, said Thursday the Japanese newspaper Nikkei.
L'Oreal
The businessman Stephane Courbit explained in a letter to Liliane Bettencourt why he wants to break the financial partnership that had just concluded the boss Lov group and the heir to L'Oreal.
Total
The tanker has completed its friendly takeover bid of about $ 1.3 billion U.S. dollars on SunPower, a majority of shareholders of the company specialized in solar panels have agreed to tender their shares.
Eurosic
Batipart, family holding company specializing in real estate, will launch a takeover bid for Eurosic in the coming weeks after the sale and Nexity Bank Palatine of all of their shares in the specialist real estate office.
Vivendi
Between September and the summer of 2012, SFR will resume rays telephone 80 Fnac stores in France.
France Telecom
The operator announced Wednesday it had issued 670 million euros maturing 2019 and 2021.
Perno Ricard
The group announced Wednesday that its board had decided to pay an interim dividend of 67 cents per share.
After market, Zodiac Aerospace Announce Revenues for the third quarter.
"QUIZ Estimate the Cac 40 in late June
The Cac 40 ended the week below 4000 points - May 21, 2011
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
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.
Stalled, setting a new Nintendo console - April 25, 2011
Second consecutive year of decline for the Nintendo group. The Japanese video game specialist has published annual results on Monday in freefall. Its net profit fell 66.1% to 77.6 billion yen (648 million). Its operating profit tumbled 52% to 171.1 billion yen (1.43 billion euros) in respect of the 2010-2011 year ending 31 March. Figures well below market expectations.
These poor results are explained by the slowdown in sales of the Wii home console blockbuster, but aging of Nintendo. The group has sold just over 15 million in 2010-2011, against 20.1 million the previous year. In addition, the launch of the new handheld 3DS relief was too late to be able to save the year of manufacturer.
The console manufacturer table for 2012 on the results up, but below analysts' forecasts.Nintendo says count on an operating profit of 175 billion yen for the year 2011-2012, against a consensus of 215.8 billion yen. "The market reaction should be bad," said Yusuke Tsunoda, a financial analyst at Tokai Tokyo Securities, quoted by Bloomberg no fax payday loans. "Sales of Wii expected to drop as the group probably provides lower prices on the console."
"New Play"
The Japanese video game giant has tried to reassure. He announced the presentation of the successor to the Wii on June 7 at the electronics show in Los Angeles, E3. The group declined to give details, except that it will offer "a new way of playing at home," said CEO Satoru Iwata.
However, information already leaked to the press.Much more powerful than the Wii, it would be equipped with high definition, like its competitors Playstation 3 and Xbox 360. The Japanese group have also developed a new kind of controller, which is akin to a touch pad. One way to compete with smartphones that break into mobile video games. Nintendo's portable console, the DS has seen its sales plummet by 10 million units this year to 17.5 million.
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Galeries Lafayette in good shape - April 6, 2011
The Galeries Lafayette is growing by 8% in 2010, retail sales taxes of up to 5.47 billion euros (consolidated turnover exclusive of tax, which excludes sales at concession stands, 4.9 billion euros). The group posted a trading profit of 354.8 million euros (+8.3%).
The prize amounts to the performance flagship Parisian boulevard Haussmann: the biggest store in the world has seen its revenue jump 24% last year, thanks to a rise in tourist numbers. Institutions province grew by 5%. In total, the company achieves a turnover of 2.8 billion euros (+12%).
In difficulty for several years, BHV (489 payday loans for self employed.5 million euros) reverse the trend.Deco chain rose 2.9%, the historic store on Rue de Rivoli by 3.1%.
Monoprix, owned half by the Galeries Lafayette (at par with Casino), saw its business grow by 4.6%, supported by a policy of expansion, including Monoprix and Naturalia. On a comparable basis, growth reached 2.5% thanks to a healthy range of foods. Finally the brand of watches Louis Pion grew by 4.8%.
"In the first quarter of 2011, the group's business continues to grow actively," says Houze Phlippe, CEO.
Cloggs reinvents the purchase of shoes - April 4, 2011
Few would have bet, when it was launched five years ago in France on the future of sarenza.com specialist shoe on the Internet, a product that tries before prior to purchase. Not only does the site still exists, but it now employs a hundred employees and has a turnover of 80 million euros. "It worked because it was put in place people, says Stéphane Treppoz. As they could not try the shoe immediately as in a store, he had to find a way to eliminate this risk. We then invented delivery and free return and the refund in cash if the shoes were returned. "
Cloggs is an unusual model in the world of e-commerce, where we usually buy them at bargain prices.Except private sales at a rate of once per week, and business promotional items are sold at the same rates as in the shops. "What we propose is both hyperchoice, with 400 brands of shoes and handbags, that is to say 20 times more choices than in a shop, and hyperservice … Furthermore, everything is in stock, and if the order is placed before 2:00 p.m. Monday through Friday are shipped the same day for free. Objectively, it's almost as if you bought in a store, "argues the officer.
Percent recruitment
Nearly 20 000 color models are currently listed on the site. "Not to mention the sizes," says Stéphane Treppoz.The idea is that you are a woman, a man or a child of 1-99 years, with a size ranging from 12 to 54, you can find shoes to fill Sarenza. "If the company does has not chosen to build loyalty program, the possibility is offered to customers to access the site 24 hours before the other surfers to the products of the private sale. "This is an incentive to register Sarenza. And when we practice this policy of transparency, which guarantees to have overall a good experience with us is the best way to build customer loyalty. Thus we invest, "says the CEO.
Another important strategic choice: although extremely courted for its database of more than one million customers, Stéphane Treppoz has always refused to monetize it."We do not want our client has the feeling of being treated like a number that we will give to other people," he says.
The site, which has experienced strong growth in recent years and has operations in Belgium and, more recently, the United Kingdom, Italy and Spain, aims to continue its expansion across Europe in During the coming year and plans to recruit hundreds of people.
"Discovering the circle Figaro Impressions of Contractors with HP