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The CAC 40 is the caution on Friday. After an opening in the red (-0.12%) followed by a brief stint in the green (0.24%), the benchmark index of Paris back into negative territory just over half an hour after the start Session: -0.11% to 3647 points. The markets are waiting game: the first estimate of U.S. GDP in the second quarter will indeed be announced this afternoon across the Atlantic. This Friday in Asia as investors remained on the defensive.

Besides GDP, the U.S. will publish the index of consumer sentiment and Chicago PMI. In Europe, German retail sales and GDP of the area will also be published.

But it was the positive interpretation of the many important results published before opening behind the rating.

Publication Burst

Alcatel Lucent (6.38% to 2.20 euros) announces revenues of 3.813 billion euros in the second quarter.The group reiterated its outlook for 2010, including an adjusted operating income of between 1% and 5% of its revenues.

JCDecaux (+0.35% at 19.94 euros) on Friday announced a net profit in the first half of 65 million euros. The group anticipates a change in organic revenue for the third quarter less than that of the second with a cash flow of 119 million euros, compared with -1.7 million euros in the first half.

Lafarge (-3% to 42.18 euros) has reported a sales increase of 2% to 4.43 billion euros in the second quarter. The company expects a reduction in capital expenditure to less than 1 billion euros in 2011.

EDF (2.02% to 33.12 euros) announced a net income Group share 1.7 billion euros including a provision for $ 1.1 billion on its North American operations.The group, which should sell its UK electricity networks based on an enterprise value of over 5.5 billion pounds, has announced a delay of two years for his BDU Flamanville.

EADS (4.38% to 18.35 euros) announces a net profit in the first half of 185 million euros and a turnover of 20.3 billion euros.

Schneider Electric (2.51% to 88.57 euros) publishes a turnover of 8.57 billion euros in the first half (+10.5%) of which 4.661 billion (+18.5%) in the second . In an interview with Le Figaro, Jean-Pascal Tricoire, CEO, set an improvement for the second part of the year.

Renault (+0.16% at 33.07 euros) issued a revenue increase of 23.1% for the first half like for like identical, to 19.668 billion euros. The constructor returns to the green with profits of 823 million euros.

The reaction of Peugeot (-0.80%) is observed.Still in the automotive industry, Michelin (0.62% to 59.72 euros) announced a net profit in the first half and said it expects a continued rebound in demand for tires in the second half of the year .

PPR (-0.24% to 102.10 euros) announced a net profit after minority interests rose 86.8% to 407 million euros in the first half.

Imerys (2.01% to 45.36 euros) has reported a net operating income rose sharply to 122 million euros in the first half with a turnover of organic growth of 16%.

Total (2.09% to 39.15 euros) announced adjusted net income for the second quarter of 3 billion euros, up 72%.

CNP Assurances (-1.12% to 15.92 euros) has issued a net increase of 8% to 542 million euros and a turnover of 17.697 million euros (+2.4%).

Rhodia (2.98% to 16.22 euros) raised again after its 2010 targets announced Friday results exceeded expectations in the second quarter.

Saint Gobain is optimistic

Saint-Gobain (+0.02% to 33.3 euros) has reported a strong rebound in its first half results, while confirming its target of strong growth in operating earnings in 2010.

Capgemini (-0.59% to 36.13 euros) has announced the acquisition of the Swedish IT services Skvader Systems. No financial details were disclosed.

Air Liquide (-0.75 to 85.45 euros ù) has announced the acquisition of the company Lion Copolymer Geismar American Services. No financial details were disclosed.

Euler Hermes (4.92% to 61.39 euros) has reported net profit more than doubled in the second quarter from the first and said he intended to maintain profitability in an environment more favorable macroeconomic that over the past two years.

Ingenico (3.68% to 19.15 euros) on Thursday posted a net profit increased more than two in the first half thanks to increased transactions in Europe and raised its sales target.

Alten (1.43% to 22.71 euros) has reported a slight improvement in activity in its sector in the first half. Turnover rose 2.7% to 450.9 million euros over the period.

Flo (0.65% to 4.63 euros) said that the activity in its restaurants had not yet regained the level that was hers before the crisis, despite the reduction in VAT.The turnover of the group stood in the first half rose 7.6%.

D-Day for Marcello Convite the boss of the small company that wants tricolor Carmat conquer the world with its first total artificial heart biocompatible. This Tuesday, in fact, that the start-up takes its first steps on the Paris Stock Exchange, having packed the heart of investors. In difficult market conditions, the SME accompanied by Truffle Capital, its largest shareholder (30%) and EADS, has done better than expected, raising 14.5 million euros at a price of 18.50 euros per share enhancing from the outset the company 75 million. A great appreciation for its Director General who has taken brilliantly in the year, new to him, the financial road show.

This Italian 57 years, trained in computer technology and speaks five languages, has not missed any arguments to "sell" the young company and its innovative and promising.His prosthesis, implantable total artificial heart developed by Professor Carpentier of the Georges Pompidou Hospital, from 2013 should help save tens of thousands of cardiac patients. A challenge that fascinates Marcello Convite former IBM and Fiat, paid for thirty years in the life sciences. He held until last September to senior posts in the American International Edwards Lifesciences, who had just bought to Professor Carpentier's revolutionary concept of cardiac valves. For Dr. Philippe Pouletty, CEO of Truffle Capital, with the artificial heart (which will remain French …), Carmat has "all the ingredients to become a global technology company beautiful. "A great adventure of entrepreneurs, leading the veteran of the biotechnology industry has also brought public in April and companies Neovacs Deinove.

Carmat is, in fact, primarily a story of men.An R & D secrets first, initiated in EADS by Jean-Luc Lagardere and Professor Carpentier and developed for 15 years by a team of engineers led by former "Mr. International" of EADS, Jean-Claude Cadudal, president of Carmat.

Beside him, the engineer, former head of EADS big projects, and "very good teacher," Patrick Coulombier, also played a key role. It is today, with Marcello Convite DGA society. It was created in 2008 under the leadership of Philippe Pouletty because, after the release of préprototype, "he had to go to the next level." By convincing the engineers of the European giant switch in the start-up and live the adventure.

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The quest for investors to be difficult for Tony Hayward, BP's boss. According to the special edition of the newsletter Middle East Economic Survey (MEES) to be published Monday, the emirate of Abu Dhabi would be reluctant to invest in the oil. The richest emirate in the federation of the UAE would not be accountable to the U.S. Department of Justice, which wants to want to be informed of any transfer of assets from BP. The Sovereign wealth fund Abu Dhabi Investment Authority (ADIA), became in 2007 the largest shareholder in Citigroup, is already in full court battle with the giant American banker whom he accused of fraud.

If the information is confirmed, it would be a setback for Tony Hayward, last Wednesday, went to Abu Dhabi, to convince the influential Crown Prince Sheikh Mohammad bin Zayed to buy 10% stake BP.

Abu Dhabi, however, may "want to take stakes in certain assets of BP in the region, but provided they have no problems with the U.S. Department of Justice," says MEES.

Leverage counterparts

In addition to the SWFs in the Middle East, BP tries to seduce her American counterparts. According to the Sunday Times this Sunday, the tanker is currently in exclusive negotiations with the U.S. Apache Corporation to sell up to $ 12 billion of assets, including its share in Prudhoe Bay, Alaska, the largest field North America. Apache, which is worth 29 billion dollars in stock, has already signed with BP repurchases in the past.But this operation would be of a different scale: Prudhoe Bay produces 390,000 barrels per day, or 15% of the production of the North Sea.

The partners in the field of BP, Exxon and Conoco Philips, will certainly have rights of first refusal on the part of BP. This dernierpourrait allow them to buy if they offer the same price Apache. The Sunday Times also understands that the U.S. government would have allowed Exxon to study a possible takeover of BP.

The Sunday Times added that BP would also soon sell its 60% interest in Pan American Energy, a producer in Argentina. The acquisition of this share worth $ 9 billion Chinese CNOOC and try the Argentinian Bridas. BP is also expected to sell various other assets, including its activities in Venezuela and Colombia, worth one billion dollars, as well as those in Vietnam, a similar value.

The government is continuing its investigation

All these operations are part of the constitution by BP to a reserve fund of 20 billion dollars (15.8 billion euros) pledged U.S. authorities to ensure the cleanup costs and damages associated with the tide black.

So he has launched an operation which is expected to completely contain the leak, BP is still feeling the pressure from U.S. authorities. The Justice Department has announced that Sunday, through the voice of Minister Eric Holder would continue to investigate the causes of the spill that pollutes the Gulf of Mexico from late April to determine whether to proceed with indictments.

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"The idea that the austerity measures could cause stagnation is incorrect", said on Thursday Jean-Claude Trichet. In an interview with Repubblica, the president of the European Central Bank (ECB) is opposed to all those who, like Barack Obama, say that plans to reduce public deficits adopted in Berlin, London or Paris, will kill the recovery in the egg.

The U.S. president has sent a letter last week to warn his European counterparts against a premature withdrawal of stimulus policies. It will look this weekend at the G20 summit in Toronto, to convince its partners to soften their plans rigorously.

Wolfgang Schauble, the German finance minister, told him Thursday morning in an article signed for the Financial Times. "Germany knows its responsibility towards global growth," he told the British business daily."Our contribution will be through a role as an anchor of stablity and not digging the debt."

Unlike Bush, Trichet argued that "under present circumstances, policies inspiring confidence will strengthen and not hinder the economic recovery because trust is a key factor today." In this regard, we welcome the German example, "he added. Berlin has presented an austerity plan of 80 billion euros over four years. Italy, following his example, is on the right path, according to the president of the ECB.

The ECB estimates that the eurozone is "within an environment (…) unusually high uncertainty" as stated by Jean-Claude Trichet during his last press conference, June 10"The degree of uncertainty and the level of growth is not writing, it also depends on us." And so, in part, plans rigor that should reassure markets.

However, the billionaire investor George Soros has spoken out against the plans of rigor at a conference on the euro in Berlin, Wednesday evening. They provoke a cycle of deflation (falling prices and slow growth) which will endanger the European project, by the American. A threat that does not believe Jean-Claude Trichet: "I do not think that such risks could materialize, inflation is well anchored."

The European Central Bank has revised down growth for 2011 in early June, as many economists believe that consumption will be greatly diminished because of plans to reduce deficits.The ECB now expects growth in a range very wide ranging from 0.2% to 2.2%, against 0.5% to 2.5% previously estimated.

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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.

The NYSE is changing the balance Monday shortly after opening in a market that remains ill at ease with prosecution by the U.S. stock market regulator against the bank Goldman Sachs. For its part, the Dow Jones Industrial Average rose 10.21 points to 11,021.87 points and the Nasdaq, dominated by technology, from 0.49 point to 2481.75 points. The broader index Standard & Poor's 500 ceded its 0.01% (0.09 points) to 1192.04 points.

The surprise decision by the Securities and Exchange Commission (SEC) to file a fraud complaint against Goldman Sachs has been a bombshell Friday on Wall Street. The shock wave spread in Asia this morning.

The NYSE has ended sharply lower Friday, led by falling bank shares, after the shock wave created by Goldman Sachs.The Dow Jones lost 1.13% and the Nasdaq 1.37%.

This latest scandal should support, with the American public, the banking reform projects of the Obama Administration. In addition, the Wall Street Journal, the SEC would consider other "fraud" banks like Deutsche Bank, UBS, Merrill Lynch … on securitization transactions.

The attack comes at the worst time in the open ball of publication of quarterly results to Wall Street. This week the results of 11 companies comprising the Dow Jones and 123 companies in the S & P 500 are expected on Wall Street.

Technology stocks are concerned now with IBM, Yahoo and Apple Tuesday, the day after Qualcomm or Microsoft on Thursday.

Financial stocks will be under the microscope. Citigroup (7.50% to $ 2.15) announced better than expected quarterly accounts.Goldman (-1.04% to 158.94 dollars) and State Street (1.40% to 47.15 dollars) will release their quarterly results tomorrow and Wells Fargo on Wednesday.

Also expected figures for regional banks like U.S. Bancorp, KeyCorp or institutions specialized in consumer credit, including Capital One or Travelers. Other sectors will also be represented with Telecom (AT & T), health (Johnson & Johnson, Abbott, Amgen ..), industry (EMC) or the OEM oil (Schlumberger) …

For specialists Aurel BGC, the risk of "making profit" is high after the recent rise in the U.S. market.Among the uncertainties on the bank, the risk of disappointment on publications and the absence of major economic indicator that can reassure the markets, caution this week on the markets.

On the foreign exchange market, the euro continued its fall against the dollar, suffering prosecutions by the SEC against Sachs and uncertainties which still surround the situation in Greece. In the morning, the euro was at 1.3448 dollars against 1.3496 dollars late Friday meeting.

2010 may not advertise more gratifying that the 2009 pay plan. According to a study released Thursday by the auditing firm Grant Thornton, * 30% of French business leaders are planning not to increase any of their employees this year. France may yet consider themselves privileged compared to other countries like the United States, Ireland or the United States, where the change is even more radical one year to another: 40 % of U.S. companies do not want to increase their employees in 2010, against 15% in 2009!

While employees are still more than last year, pending revaluation salary, "2010 should be even tighter than in 2009" predicted Pierre Le Gun?hec, business manager, global compensation consulting at Hewitt France. "In 2009, companies are aware of the seriousness of the crisis once and within budget.In 2010, they will reflect "said he.

Increases of 2.6% on average

Caution should therefore be in order. The latest forecast made by Hewitt anticipated increases equivalent to 2.6% on average, against 2.9% last year. "The current economic fragility leaders to take caution," said Jean-Jacques Pichon, partner at Grant Thornton. "It seems that leaders prefer to remain vigilant and keep their employees, even without the increase, rather than dismissing them," analysis does.

Employees do not understand, however, none of it."The challenge for companies is to overcome the high voltage generated by conflicting interests," said Pierre Le Gun?hec.

* A study conducted among a panel of 7,400 private companies across 36 countries, representing 81% of global GDP.

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On Tuesday, March 23 will be placed under the sign of the claims to the station, while at least three unions (CGT, UNSA, CFDT) has initiated a notice of strike and trigger a series of social alarms, to ensure "continuity" the strike on February 3, according to Didier Le Reste, the CGT.

On 15 February, five confederations – CGT, CFDT, FSU, Solidaires, Unsa – announced they were organizing a day of strikes and demonstrations inter employment, purchasing power, public services and pensions.

At the strike of February 3, about one-third of the railway had stopped work to support employment.

A report that is poisoning the debate

All unions in the public company denounced the ongoing reorganizations involving reclassifications and job losses (including freight), a deterioration of working conditions and managerial methods based, according to them, solely on financial criteria.

There are about a month, a report of the Court of Auditors noted that for the SNCF, the reform of 35 hours penalized the company public to address the opening of its monopoly to competition and revealed particular gaps productivity with its competitors low fee payday advance .

According to the report published today, law enforcement has led to increased numbers of staff from 7000 to 7500.However, "the additional staff that the reform had resulted represents almost half the number of posts abolished during the seven subsequent years, totaling approximately 15,600 officers between 2002 and 2008.

Southern Rail reserved

Workers Power has decided to turn to hold its own demonstration in Paris, while leaving open its regional organizations to participate in joint rallies in the provinces, while the CFE-CGC was not involved in the day.

Sud-Rail, Third Force Association at the station who is campaigning for a renewable greece, reserved its response but said "part of the inter-day."To delegate Alain Cambi, "after a day of strike action is needed now."

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The U.S. stock markets ended the week on a sharp increase at the end of the session.

Already indices had opened on Friday on the rise, boosted by employment figures less bad than expected. The United States has in fact lost 36,000 jobs in February than in January and the unemployment rate the country has remained stable at 9.7% this month, according to the official report on employment released on Friday, while analysts expected a decline.

Then at 21 pm on consumer credit showed an increase of 4.96 billion dollars in January in the United States, its first increase in a year and the strongest since my mid-2008, the Federal Reserve announced Friday . In December, the credit had decreased by 4.57 billion.

In the end, the Dow Jones advanced 1.17% at 10,566 points, boosted by Alcoa (+3.2%, to 13.86 dollars), Boeing (3.74%, to $ 68) and American Express ( 3.32%, to 40.18 dollars). The Nasdaq rose 1.48% to 2326 points, while Apple announced that the iPad will be available April 3, and the S & P 500 of 1.40% to 1139 points, buoyed by the telecommunications industry.

U.S. investors have also noted the announcement by the Chinese premier who has promised a 8% growth for China this year.Thursday, Wall Street closed higher on a comfortable, supported by bearings recommendations.

On the New York Mercantile Exchange (Nymex), a barrel of light sweet crude for April delivery tE, P4ermin? to 81.50 dollars, up 1.29 dollars compared to the previous day.

As for currencies, the euro fell sharply Friday against a dollar backed by the release of employment figures in the United States, and reassuring the operators on the strength of the recovery of the world's largest economy guaranteed approval cash loans .

General Growth resumed its ancient symbol

Among the increases to retain this Friday, Exxon Mobil (1.67% to 66.49 dolalrs) Chevron (1.74%, to 74.35 dollars) and JP Morgan Chase (2%, to 42.76 dollars).

Remarkable progress, that of InterMune, which soared 59.4% to 23.29 dollars.The regulatory authorities have indicated it will review its drug for pulmonary fibers.

Microsoft (-0.14% to 28.59 euros): the software giant said Friday it would stick to its strategy of developing the market for search engines in China, whatever the outcome of Google dispute between the Chinese government.

Blackstone (+3.77% at 14.86 euros): the investment fund is hoping to complete an initial transaction in Australia this year and also studied business in Japan and South Korea, each operation may be about 100 million dollars, said an official with the group.

Marvell Technology Group (+1.39% at 20.41 euros): the chip maker reported a 64% increase in its turnover, thanks to a recovery of expenditure within the sector, 842 5 million dollars against 842 million expected on average.

In addition, General Growth: The title of the second American owner of shopping malls start to be traded on the New York Stock Exchange under its old symbol GGP3 "while the group is still under bankruptcy.

What are the criteria of recruiters when they hire graduates of business schools? For three years, Ifop conducting the investigation (1) to store test common gateway, which allows to integrate 16 business schools (2) without going through the box preparation.

The 2009 study confirms the trends of previous years. First, companies are extremely interested in training followed, before joining the high school: 70% say they do. These are the BTS prevail handily. Recruiters landslide this training to 27% before the preparatory classes (22%) and masters (11%). An element to be directly related to the fact that employers prefer, in their review of CV, internships and work experience (95%).

The study also shows that companies want diversity.79% of them say they have developed a specific recruitment policy for at least one class of graduates from diversity. Thus, 68% of recruiters do for people with disabilities, a population for which firms are subject to legal obligations, coupled with financial penalties. This is not the case for lower social classes and ethnic minority populations where respectively 31 and 26% of recruiters have developed a specific one hour payday loan .

Ultimately, 43% of recruiters believe that the profiles of the major schools are not sufficiently diversified. It is clear that the companies held, inter alia, employ 6% of people with disabilities are very rare to get to that proportion. The staffing shortage. It is for colleges to act early.With observation, Grenoble School of Management has just put up a post tray support for people with disabilities. His sisters of the bank tests Gateway should follow suit.

(1) Survey Center Gateway / Ifop conducted in October 2009 with 802 pupils and students, and HR 202, HR managers and recruitment companies working in more than 50 employees.

(2) Advancia Paris, Normandy EM, EM Strasbourg, ESC Amiens Picardie, ESC Bretagne Brest ESC Chamb?ry Savoie, ESC Clermont, ESC Dijon, ESC Grenoble, ESC La Rochelle, Montpellier ESC, ESC Pau, ESC Rennes, ESC Saint-Etienne , ESC Troyes Negocia Paris.