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EDF Energies Nouvelles has announced the results Wednesday that should let the markets perplexed. The EDF subsidiary, specializing in green energy, publishes indeed a group net profit down 7.7% to 38.6 million euros. Operating income rose 15.2% to 168.9 million euros, but remains well below the consensus was 186.58 million euros.

The group prefers to focus on sales amounting to 545 million euros, up 28.1%. A performance that the group owes its branch production, the most important, which recorded a sales growth of 30% to 219.4 million euros.

"Despite unfavorable wind conditions in the U.S. and very unfavorable to the United Kingdom, wind generation has benefited from full year impact of activations in 2009, notably in France and the United States, new facilities built in first half of 2010 in Europe and very good wind conditions in Portugal, "the company said payday advance. EDF EN has increased its wind power capacity of 156.1 megawatts (MW) gross in the first half and its capacity of 61.3 megawatts photovoltaic peak (MWp) gross.

For the future, EDF Energies Nouvelles has confirmed its forecast for EBITDA of between 430 and 450 million euros "and its goal of late 2012 installed capacity of 4200 MW net with 500 MWp of solar."

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For those who are searching for affordable health insurance for their families, research will be essential here as well.

Remy Pflimlin candidate Nicolas Sarkozy as president of France Televisions, and knows his records showed yesterday at his hearing before the Conseil Superieur de l'Audiovisuel. His hearing before the 10 advisers on the Quai de Javel lasted half past two which nearly half past one of a set of questions and answers fed.

For candidates, two strong expressions dominate his mandate: "To provide programs and quality information for all and on all screens" and establishing "a bond of trust with the viewer citizen." This is to make a difference with the private television, he said, "is addressed, it, to consumers.""With the abandonment of advertising that allows us to contact the citizen and not the consumer and thanks to digital, we can offer an open television and inspires confidence."

Remy Pflimlin identified four key priorities in terms of programs. In order to defend the French production, he first insisted on the need for innovation in French fiction. For him, it is essential to develop new formats. It intends to increase "the time series and soap operas all day develop that are specific to strings.

For him, "it is essential to intervene very early and be able to finance the audiovisual writing. Similarly, he wants to develop the documentary. While paying tribute to his predecessor, he intends "to expand to new topics such as history and science."Also in line with the previous team, Remy Pflimlin continue "the diffusion of the performing arts. But the next president wants to "give emphasis to contemporary.

Strengthen the identity of channels

Finally, in terms of information, who has been a media owner wants to return to the fundamentals of "a group with 2,000 journalists." "At a time when our citizens are subjected to a constant flow of information, we must allow them to find the references in terms of rankings and explanations of the latter. We must not fall into the trap of the Internet by example and participate in the race. It is not only the credibility of our editors, but of the entire company. "However, he stressed the need" this information and logs run on all screens.That means to move the organization of editors.

For Pflimlin Remy wants to put digital at the heart of its strategy. "France Televisions has taken a little behind in its offerings, but also in exchanges on social networks. Yet more than 10 million of our fellow citizens consume television wrestling TV. It must therefore be given the opportunity to enjoy our programs on all the screens and that of the reaggregate their choice. "

As such, it has announced the appointment of a controller that will define digital, personally, a strategy for the group. This area such as fiction and documentary should be rare, enjoying a transverse direction, apart from general services.For in terms of organization, Remy Pflimlin intends to restore "a bit like Radio France principals embody the antenna channels and will have a strong autonomy in terms of programs." Its purpose is to strengthen the identity of channels: France 2 to be the chain of events, France 3 and RFO those of nearby, while France remains one of four innovation and France 5 that of decryption.

Moratorium on Economy

The changes in the organization has implications for social dialogue. "We must go to the essential," he said. "That is to say, first determine the objectives for the company and think about the business, organization of work and equal representation based on them." Thus, the future president of France Televisions will take time to reforming the company.For this, it says it wants to build on existing teams in place "and" indisputable retain professionals in their careers. "

Finally it is prudent on the financial issue and falls within the framework of the law which provides for the extinction of advertising. In this case, it does not advocate "for the increase in the fee. Otherwise, it will ask a "moratorium" for France Televisions to keep its advertising.

The U.S. economy has begun to destroy jobs, after five months of net creation. In June, the number of job losses in the U.S. totaled 125,000 jobs including in the public, according to figures from the Labor Department. The figure was pulled down by the public sector, the end of the census causing the departure of 225,000 temporary workers hired for the occasion.

More importantly, the private sector alone has created 83,000 jobs. Is much better than the 33,000 net new jobs in the month of May However, analysts expected a figure close to 112,000. "We're going in the right direction but we do not go fast enough for many Americans. We are not moving fast enough for me either, "responded the president Barack Obama.

The increase in the number of private sector jobs due to "modest increases in various industries."The leisure industry in particular has created 28,000 jobs before the summer. Business services hired 21,000 people. Note, the industry continued to create jobs (9,000). The construction sector has meanwhile also destroys jobs (22 cash till payday.000), hit by a decline in new construction.

"Beyond these figures rather in line with expectations, the disappointment is the hours worked and wages," noted economists Exane-BNP Paribas. "Hours worked weekly find their level in April (34.1) and hourly wages shrink by 0.1% over the month." In bad omen for consumer spending.

On the other hand, the unemployment rate, calculated on a different basis, for its part fell 9.7% in May to 9.5% in JuneThe Labor Department said the decline by reducing the workforce and the growing number of discouraged workers who no longer work. "We still expect a gradual recovery in the labor market with unemployment rates remain high in 2010 before improving slightly in 2011," says Julian Thomas, an economist at Natixis.

"In general, the Labor Department report suggests weak growth, but not fallen into recession, say economists for their part of Societe Generale.

The Dow Jones is expected to open up 0.67% at 10,206 points. The index futures are predicting a slight increase in opening of U.S. markets. Shortly before the opening of Wall Street, futures on indices Standard & Poor's 500 and Nasdaq 100 advanced 0.76% respectively at 1093.30 points from 0.65% to 1854.50 points.

Caution remains the watchword. The statistics emerged mixed Friday, with an index of consumer confidence than expected for the month of June, but the announcement of an unexpected decline in retail sales in May The Dow Jones closed up 0.38% at 10,211 points while the Nasdaq gained 1.12% to 2243 points.The three major U.S. stock indices ended the week in the green since the S & P 500 closed with a gain of 2.5%

In this session of transition marked by an agenda very quiet and a euro that has just crossed the $ 1.21 mark, investors could resume, however, slowly, some appetite for risk, encouraged by the improving market Asian and good consumption figures published last week in the United States.

Real estate, consumption and inflation on the agenda

They eagerly await the remarks on Wednesday held Federal Reserve Chairman Ben Bernanke on financial sector reform.We know already that the crisis of sovereign debt in Europe has pushed the timetable of the next Federal Reserve decision affecting its basic rate, as provided Monday James Bullard, president of Fed St. Louis.

Before that, the functions of building permits (Tuesday) and housing starts (Wednesday) will be monitored closely. But these indicators should have a real strong correction with the end of the tax credit.

On Wednesday, the industrial production should instead show strong growth for the month of May, while producer prices (same day), then consumer prices (Thursday), should confirm the absence of inflation United States.

Shortly loaded results, the agenda will be dominated by Wall Street setting CBOE Stock Exchange, the last U.S. platform independent.The price of the introduction should be provided on Monday night.

In addition, FedEx (Wednesday), the cruise Cardinal (today) and Best Buy (tomorrow) will publish their quarterly results.

Moreover, the U.S. administration is stepping up its action against the British oil and wants to confiscate the group dividends. A threat to the stock.

The Awards have finally found the way up. The CAC 40 has changed course several times in the morning to finally get its act together in the afternoon, encouraged by Wall Street. After six consecutive sessions in the red, the CAC 40 advanced 1.96%, to end the session at 3 446.77 points, a turnover of around 4 billion euros.

Other major European markets have also hoisted the green flag. In Frankfurt, the Dax gained 1.98%, and London, the Footsie has won 1.15%. Even mood on Wall Street, where the Dow Jones gained 1.16% and the Nasdaq 1.66% shortly after the close of European stock.

On Wall Street investors were awaiting the publication of the "Beige Book" of the Federal Reserve (Fed), the U.S. central bank, a snapshot report of the U.S. economy.As expected by analysts, the report confirmed a rise in economic activity, but no sign of inflation, reinforcing the idea that the Fed is in no hurry to raise interest rates.

Exports leapt chinoisent

They were also awaiting the speech of Fed Chairman Ben Bernanke, who was to testify before the Budget Committee of the House of Representatives in the afternoon quick pay day loan. Unsurprisingly, Ben Bernanke has confirmed the speech he gave Monday saying that the economic recovery appeared to be "solid" in the United States.

More good news for the markets, a senior Chinese official, the country's exports have jumped by about 50% in May compared to same month of 2009. This figure should be officially released Thursday pushed Asian stock markets Wednesday.If confirmed, it would exceed by far the expectations of analysts who expect an increase of just over 30%.

In Paris, the other major stock markets, investors were engaged in an intense hunt for bargains on financial and cyclical stocks.

Societe Generale, Arcelor Mittal or ST Microelectronics were among the highest increases of ACC 40.

From our Washington correspondent

Goldman Sachs has managed to earn 3.7 billion dollars in betting, starting in 2007, the collapse of the mortgage-market. In doing so, the giant Wall Street acted against the interest of some of its customers, which it sold securities that he knew "toxic". This is the conclusion, after months of investigation, the Permanent Subcommittee on Investigations of the U.S. Senate.

Tuesday, during public hearings stretched on Capitol Hill, Lloyd Blankfein, the head of the giant Wall Street, has categorically denied these allegations."We do not speculate massively downward in the housing market and we certainly do not bet against our clients," he was forbidden under the spotlight, saying that even on the mortgage-market, Goldman Sachs has lost about $ 1.2 billion in 2007-2008.

"Nobody in the management of Goldman Sachs has never asked me to bet on a decline in the subprime market," added before skeptical senators, Joshua Birnbaum, the former head of structured products of the bank, also on the bench defendants.

Convinced otherwise, armed with emails and internal documents seized in the bank, the debonair Senator Carl Levin, glasses pavement at the end of his nose, led a determined assault Tuesday. But the chairman of the committee was confronted with a wall.He vainly tried to tell the past and present officials of Goldman Sachs called before him (including one French employee), how could they believe in the quality of debt issued by mortgage lenders whose reputation was terrible. Receivables classified as "business of shit" in an email exchange between two bank officials. "How many of these" affairs of shit "did you sell to your customers? asked, exasperated, Senator Levin fast cash advance. You've sold hundreds of millions. "

Bankers Daniel Sparks and Michael Swenson, impassive without being arrogant, but obviously confident of the merits of their point of view, seemed not to understand or what they asked or what they were charged.They also questioned the methods of calculating profits of Goldman Sachs selected by the committee.

Battle of Senate proceedings

According to Senator Levin, the investment bank has yet actually decided in late 2006 to a major cleanup of its accumulated risk on securities backed by the real estate markets whose collapse loomed. By discipline, to limit its risks and if possible in the hope of profiting from the trend, the bank had sold to investors and deliberately chosen for their credulity his titles too "toxic"."We have not been systematically and significantly" net short position "on derivatives of residential mortgages in 2007 and 2008," replied Lloyd Blankfein.

Meanwhile in the Senate floor, Democratic leaders and Republicans arguing over procedural votes before engaging in substantive debate on the reform of Wall Street. The Conservatives want by all means restrict the scope of Democrat Bill before it is submitted to a plenary debate in the room. A compromise is always likely, because both parties want to correct the excesses that precipitated the financial crisis.But the Republican minority wants to take his time, while Democrats want to take this case Goldman Sachs to prohibit such banks that have access to the discount window the Fed to speculate on their own account.

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In an interview on RMC Info radio on Wednesday morning, the president of the SNCF, Guillaume Pepy announced three measures to better inform customers of the railway, victims of disruptions caused by the strike now in its eighth day.

SNCF undertakes to publish on Friday on its website and in the press, the list "train by train those who ride or not" for his customers are accurately informed about the conditions of their journey.

Another point, there will be more bookings on the main rail-route to the south-east, that is to say where the strike is the most followed. However, the reservations already made will remain valid.Guillaume Pepy has finally announced that there will be "measures of reimbursement for customers affected by the strike, but the details will be given after consultation with associations of users.

Do not give "bonus to strike"

Guillaume Pepy said also do not want to negotiate with the strikers saying only that "it is simply a bonus to strike from the premium to trading." Indeed, the two unions on strike, the CGT and the South have made the request a separate negotiation.Also it is "optimistic" about the round table proposed by management to all trade unions on April 21.

He also stressed that the minimum service was "pretty well" and that "all trains that were scheduled have been circulating," welcoming "the 96% of railway workers", they "were stoned for the past eight days to protect our customers maximum.

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It is a relief for the 70 people who spent 7 years of their life to the project. The Solar Impulse, the first aircraft powered entirely by solar energy, took off this Wednesday at about 10:28 (8:28 GMT) from the military base of Payerne, in western Switzerland. After about a hundred meters, the plane took off and landed without difficulty as easily, after half past one flight.

The plane, still in prototype stage, used the 12,000 photovoltaic cells covering its wings only source of energy. As expected, the four solar-powered electric motors of an output of 10 hp each. The panels can charge the lithium-polymer that is 400 kg device. The aircraft, which looks identical to a dragonfly, has surprised observers by its silence.

Liftoff …

… And landing

After the jump, the flight

The first flight was operated by the German rider Markus Scherdel. Long delayed by adverse weather conditions, it occurs after an initial "jump" of a few meters in December 2009. "Not one aircraft of this type has flown in the past, welcomed the Swiss explorer and creator of the prototype, Bertrand Piccard. The take off was "a huge question mark," he recalled. Andre Borschberg, co-founder of the project, added that "the first question was whether we had enough power to lift off and then if we could land this plane" online payday advance. According to Bertrand Piccard, the first success "gave us the confidence needed for the next flight and the next missions.

The Solar Impulse will come into effect as of the first successful step in a long series of tests. The team plans further tests to calibrate the machine and then build a second copy. "We will continue the test flights for improving the design of the second aircraft," said Andre Borschberg. The construction of the second unit to start next year.

Soon round the world

The designers of the Solar Impusle are aiming to launch their second aircraft in the adventure of the world tour. The journey will be in five phases by 2013, rather than 2012 as previously announced.

The ecological objective remains unchanged: "This project primarily to show what we can do in renewable energy," he assured Bertrand Piccard, who asserts that "our future depends on our ability to adapt quickly to these renewables.Solar Impulse is to demonstrate what we already can do today to use these energies.

Next step in the schedule of organizers: a journey of 36 hours non-stop before the summer from Payerne to test the device's ability to operate day and night.

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Ever. When China publishes a number, it rarely falls in the half-measure. The purchasing managers' index, which measures both new orders and industrial production, released Thursday, has gained 3 points in March according to official statistics (55.1). It is at its highest level since its inception six years ago.

China, which is expected to announce an increase of 12% of its GDP (gross domestic product) in the first quarter, beating all records, remains the leading exporter, ahead of Germany (1 202 billion last year), but , surprise, it also consumes.

It will, if one believes his prime minister, Wen Jiabao, a deficit in its trade balance of 5.9 billion euros in March, the first since April 2004. This dip is due to the explosion of imports. They had increased from 85.5% in January. They still grew by 44.7% in February.Oil, coal, but also high technology products and luxury goods. That is what the government calls "accelerating change our mode of economic development.

The recovery plan 4 000 billion yuan (432.7 billion euros), launched in late 2008, that does not fund major projects. It also subsidizes purchases of appliances, cars, farm equipment. Thanks to him, retail sales rose 15.5% last year.

China has become the biggest car market before the United States. It is also the second customer of Bordeaux wines, after the European Union. Its purchases of gold are expected to double in the next decade, according to the World Gold Council cash advance no faxing.

The scourge of inflation

"The Chinese consumer spending weighs only 35% of the country's GDP, over 50% against the rest of Asia and from 60 to 70% in most OECD countries (Organization for Economic Cooperation and Development economic), "notes a recent study by Nomura. But she sees four reasons to explode: the growing appetite for Chinese goods as durable and as their wages increase, the expansion of cities in central and western countries, the development zones rural and the need to increase the share of services "which represent only 40% of GDP against 60% to 80% in high-wage economies."

But Beijing must first curb the twin evils. He needs to control inflation at 2.7% in February was the highest for sixteen months.For the first two months of the year, consumer prices rose 2.3% while retail sales increased by 17.9%. In Shenzhen, near Hong Kong, the square meter of land is sold 2 000 euros! China should also reduce the social divide. Urban residents earn 3.3 times more money than the people of the country, against 1.8 times in 1983.

Only the introduction of a real system of social protection for all allow the government to persuade households to save less to pay their pensions, their routine care, education and children to consume more.

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Tereos (Beghin-Say, The Parrot), second European sugar, wants to empower his ambition of becoming a major player in ethanol, a very strong market growth worldwide.

The cooperative group, obtained in 2002 from the merger of Beghin-Say and Union SDA, announced Monday the creation of a new subsidiary, Tereos Internacional, which will consolidate its processing of cereals and sugar cane, including participation in Guarani (69%), its Brazilian subsidiary. Tereos Internacional is a Brazilian company, but she expects to be listed in Paris and Sao Paulo and raise money on both platforms. In Paris, he was one of the few operations IPO since the start of the financial crisis. "This dual listing aims to strengthen the international anchors the group" welcomes Philippe Duval, CEO of Tereos.Part of the operation will be reserved for its 12000associ?s cooperators. Tereos, advised by Rothschild and the firm Linklaters, will remain the majority shareholder. The parent retains its status Tereos cooperative is refocusing on its roots, beet processing in Europe (France, Czech Republic, Spain).One area in which the maneuvers have already taken place.

"Scaling"

The creation of a subsidiary consolidate its transformation is the result of a diversification strategy initiated fifteen years ago both in its products (starch, alcohol, ethanol, energy) as its geographical coverage (Europe, Brazil , Indian Ocean) cheap payday advance.

Tereos Internacional, which counts among its clients manufacturers like Coca-Cola, Kraft Foods and Unilever, will become a "world leader" of bioenergy and food with an annual turnover of 1.86 billion initial d ' euros. In the crosshairs of the group, emerging markets, where the potential for long-term growth markets of sugar, starch and ethanol, has something to dream about.After more than doubled since 2003, global consumption of ethanol, led by Brazil and the United States, is expected to double again by 2015.

In Brazil, the largest producer of sugar, Tereos inherited two plants Guarani upon redemption of Beghin-Say. Since then, four plants were built, making the fourth Guarani sugar in the country and number five in the production of ethanol. "We see a huge change of scale in this country," notes Philippe Duval. There, more and more cars run on ethanol. Groups such as Dreyfus and Shell, combined with Brazilian producer Cosan biofuels, broke into the country, encouraging Tereos to accelerate its development and to participate in industry consolidation.Elsewhere, particularly in Asia, the consumption of starch, which should increase by 50% by 2015.

Engaged in an active policy of acquisitions, the latest being that of sugar in the French Quarter Meeting, Tereos cautiously advance his pawns. In less than ten years, its turnover has doubled. And the president has not hidden at the beginning want to double in size within five years.