The CAC 40 in over 4000 points - March 29, 2010
At the midpoint, the CAC 40 rose 0.35% to 4003.07 points. Friday it finished just below this threshold. While the markets seem largely reassured Greece, the situation remains tense in Europe, with particular deficits Portuguese and Irish.
On Monday, the news is rather poor. In France, Tuesday, INSEE unveil quarterly national accounts in detail for the fourth quarter of 2009.
Good news this morning in Europe with the rise of the confidence index of entrepreneurs and consumers in the euro area. The latter showed a marked increase in March and well above expectations (+1.8 point to 97.7 points). In Brussels, will meet on Monday the European Ministers of Agriculture and Fisheries.Last week, President Nicolas Sarkozy was willing to "a crisis in Europe" to save the Common Agricultural Policy (CAP).
In the U.S., investors expect the revenue and expenditure of households for the month of March at 14.30. Tomorrow, they watch the housing prices Case & Shiller, and consumer confidence in March.
The energy for
Side energy, France is currently working on establishing a consortium of companies responsible for developing a vast network of power lines under the Mediterranean Sea, to deliver solar electricity produced in Africa to Europe.This project, called Transgreen, bring together suppliers of electricity, electricity grid managers and manufacturers of high voltage equipment under the umbrella of EDF (+1.79% at 39.70 euros), confirming information daily special Enerpresse.
Furthermore, the organization of international environmental advocacy group Greenpeace accused Areva of endangering the health of residents of uranium mines it operates in northern Niger, in a report released Monday cash advance no fax.
Finally, according to Les Echos on Monday, Total (-0.20% to 42.68 euros) is being sold by Lindsey refinery in England in the northeast. "The first offers are expected in the coming days," reads the columns in the business daily.The Sunday Times published Sunday, Gazprom or Valero Essar would be in contention.
Maurel and Wendel in great shape
The title Maurel et Prom climbed 4.59% to 12.20 euros while the group announced the start, March 16, 2010, production of OMGW-1 well in Gabon.
Wendel rises of 2.10%, to 46.36 euros, boosted by a favorable recommendation on the part of Oddo Securities, who went from "accumulate" to "buy" value, with a price target increased from 53 to 56 euros.
Former CEO acquitted Vinci
The dismissal of former chief investment officer of TCW, the U.S. subsidiary to 100% of Societe Generale (+0.77% at 47.51 euros), caused a stir in the United States.The bank believes that this case has "a very marginal impact" to its shareholders.
The fifteenth penal court of Nanterre Friday acquitted the former CEO of Vinci (+0.46% at 43.68 euros), Antoine Zacharias. Prosecutors, who had claimed two years suspended sentence and a fine of 375,000 euros, has appealed the ruling. His annual pension of 2.1 million, his early departure of 12.5 million and earnings of 4.2 million euros in 2005 are therefore assumed to septuagenarian.
Later results, and Korian Trigano unveil their accounts.