Today Hot News

After a slight improvement in June, the French trade deficit is growing again. In July, he approached his record in May, to 6.46 billion euros related Customs. The cumulative deficit of the past 12 months amounted to 67.2 billion euros, against 51.66 billion in 2010. Imports rebounded after declining in June, while exports, they, are progressing very slowly.

The foreign sales amounted to 34.76 billion euros, up from just 100 million euros a month. "The strong sales of intermediate goods and automotive (…) is in fact largely offset by significant declines in aeronautics (sales and production programs for Airbus)," note Customs. The Airbus sales were $ 1.18 billion in July, after 2 billion in June. These figures are very volatile and depend on the delivery of the industry.In terms of client countries, exports to the EU declined, but remain dynamic to America no teletrek payday advance. They pack down to Asia and the Middle East.

Imports have increased their share of over one billion euros in July, reaching 41.22 billion euros. Much of this figure is driven by purchases of oil and gas products, that is to say the energy bill. But "a return to the trend of supply aircraft (Airbus program)" boosted purchases of transportation equipment, within Customs. A trend that explains the same time heavy imports from Germany, rebound largely due to imports of parts for Airbus. This is accompanied, however, "an increase in purchasing automobiles, chemicals and industrial machinery, 'the Customs.

ALSO READ:

"Job creation slows employees

"The Bank of France reduced its growth forecast

Safran, currently listed on the SBF 120, will make its debut on the CAC 40 on 19 September. The industrial and technology group, owned 30% by the state and 16% by its employees, replaces the bank Natixis in the most important indicator of the Paris Bourse. The announcement of the decision of the scientific evidence that fell Friday night to enter into force on September 16 at closing. The CAC 40 has not seen changes since September 2010, when Dexia (bank) and Lagardère (media) had been replaced by Natixis and Publicis (advertising).

The case for an entry Safran are numerous. The group was first sold 6.5 million treasury shares on the market late in July to increase its free float to more than 50%. Or the size of free float is one of the most important criteria observed by the Board for an introduction to the Cac 40.Capitalization criteria equally crucial $ 11.6 billion. Finally, the performance of the title are not negligible. The stock has gained more than 14% since August 26, while the SBF 120 index has returned just 5.6%. Since the beginning of the year, it grew by 5.4% when the SBF 120 index lost more than 12%. "There is a large consensus on this value. Safran is a great candidate, "pointed out shortly before the decision Emmanuel Besson, manager at Equity Management Ofi AM.

Suez Environnement does not leave the Cac 40

Suez Environnement was on the spot. The company, owned 35.8% by GDF-Suez and 7.2% by Groupe Bruxelles Lambert, certainly has a free float above 50% but its market capitalization of 5.88 billion, is among the lowest in the four Cac 40, with STMicroelectronics, Accor and Peugeot.In addition, the title was severely punished by investors: it shows a loss of 17.6% since the beginning of July, in line with the losses of the CAC (18% over the period).

But it Natixis, which has been designated to leave the Cac 40. It must be said that banking stocks have suffered heavily in recent weeks. The title is back in the index only a year ago and this decision "could create additional pressure on the banking at a time when we seek to appease," said Emmanuel Besson.

Before the verdict, Safran fell by 2.77% to 27.05 euros at the close, in a market down 3.59%. In turn, Natixis lost 4.57% to 2.71 euros.

ALSO READ:

"Advantages and disadvantages of entering the CAC 40

"The profits of the CAC 40 companies up sharply

The Asian market does not yield to panic. After closing up slightly Wednesday, several Asian stock markets are divided down Thursday, but less pronounced than Wall Street and in Europe the day before. In Tokyo, the Nikkei ended down 0.63% to 8981.94 points after hitting a low of 8832.42 points.

Of the places in China, Hong Kong the Hang Seng 1.45% yield while the composite index of Shanghai Stock Exchange rose 0.68% to 1134.65 points. In Seoul, the Kospi index is left in the green, up 0.71% to 1819.14 points after plunging by 4% in early trade. The Stock Exchange of Sydney, in turn, close to equilibrium after a session spent in the red.

Investors remain concerned, however, fearing another recession in the United States and a spillover of the crisis of debt in the eurozone one hour payday loan.The gold and reached new records, crossing first the maximum 1800 dollars. It was worth 1814.50 dollars in the morning before going down to 1785 dollars. Another safe haven, the yen appreciates, and is worth 76.63 dollars, against 76.83 the previous day.

Oil also set off again down in Asia. Yet he had resisted the panic the day before with the announcement of a dramatic and unexpected decline in crude inventories in the United States. In morning trading, a barrel of "light sweet crude" lost 79 cents to 82.10 dollars and that of Brent North Sea fell by 1.10 dollars to 105.58 dollars.

.

While the ongoing wrangle with Casino in Brazil has shifted in favor of its competitor, Carrefour has released Wednesday a turnover in line with expectations. Group sales in the first half amounted to 44.6 billion euros, up 2.7% at current exchange rates (+ 2.5% at constant exchange rates) and 0.1% in comparable excluding petrol, adjusted for the calendar effect. Sales for the second quarter amounted to 22.4 billion euros, up 1.6% at current exchange rates, but down 0.2% on a comparable basis, excluding petrol and excluding the calendar effect .

While the group had mid-June, revised down its operating income to 35% in France, it now expects a decline of 23%, due "mainly to France."Lars Olofsson said that "Carrefour has set up an action plan in order to achieve the target set by the Group to grow its sales and EBIT in 2011."

Uneven performance in France

In France, the performance is mixed. Lars Olofsson deplores a "unsatisfactory performance of hypermarkets," whose sales are down 3.3% excluding petrol in the second quarter and adjusted for the calendar effect, after falling 1% in the first quarter.

However, Carrefour welcomes the performance of its stores. Carrefour Market and saw its sales grow by 1.3%. As for Carrefour Planet, "the four stores models continue to show sales growth in double digits."In Asia, growth remained at 5.3%, with an increase of 8.3% in China.

In exchange, Carrefour began declining after the announcement of these results. After losing 3% on opening, the title was eventually closed up 1.52% to 22.325 euros in the last trade. The CAC finished up 0.51%

ALSO READ:

"Casino takes advantage of Carrefour in Brazil

"Carrefour is lowering its forecasts and stock market fall

Carlos Tavares, the new number two at Renault is expected today at Flins, near Paris. He must find the right words to explain the delay in the electric battery plant must be built, but the entry into operation was shifted to 2014. Originally, it was Carlos Ghosn, the CEO, who was to make the journey to take stock of an experiment on electric vehicles. But the iconic boss has canceled his visit.

To justify the delay of the project, the group had originally referred to "technical problems" before last week to discuss the "complexity of the legal and financial" project cheap pay day loans. It seems that the Japanese NEC, which designs the batteries with Nissan, Renault's ally, did not see a very good eye on the proliferation of players, according to sources.The project is now simplified, since Renault has chosen to dispense with using the Strategic Investment Fund (ISF) of the State and the CEA.

Critics of the authorities are far from the decision of the rating agency Moody's: brutal. The German government and the European Commission on Wednesday challenged the sanction of the agency against Portugal. The country, which enjoys an international financial assistance, was relegated Tuesday category called "speculative" by Moody's.

"Not only the timing of the decision by Moody's is debatable, but it is based on hypothetical scenarios absolutely, not at all consistent with what is implemented," said the spokesman of the Commission Amadeu Altafaj. "This is a regrettable episode, which raises again the question of the relevance of the behavior of rating agencies." Even suspicion in Paris."It's not the look of a rating agency that will solve the case of the tension of sovereign debt and budget crisis," insisted Wednesday morning the new Minister of Economy Baroin.

Limit the "oligopoly"

You have to put limits on "oligopoly" enjoyed by the three global rating agencies such as Fitch, Moody's and Standard & Poor's, has claimed for its part, the German finance minister, Wolfgang Schäuble. He said not to believe that the decision of Moody's based on any justification. The efforts of Lisbon go even further than its creditors demand, he argued. The Portuguese government has also protested against the sanction of Moody's, as in previous damage.

Portugal is trying to implement an austerity plan, negotiated in exchange for 78 billion euros in loans from the European Union and the International Monetary Fund. No significant event has occurred in recent days on the forehead Portuguese fast payday loan no faxing. The decision by Moody's still dramatically raised the interest rate at 10 years of Portuguese debt, which has never been far from the German rate, the market benchmark. The total cost of insurance against the risk of bankruptcy of the country for its part, jumped on Wednesday at midday more than 100 points to 870 points, according to Markit.

"Bias" against Europe

The Commission President, José Manuel Barroso, himself a Portuguese, said he regretted "profoundly" the announcement by Moody's. This "adds a speculative element" in an already tense, he said."I particularly regret because of the timing and magnitude," he said, adding that "there may be some bias in the market when it comes to assessing the Europe ".

The struggle between European governments and the rating agencies is not limited to Portugal. The rating agency Standard & Poor's Monday questioned the plan outlined by Paris and banks to launch a second aid package for Greece, with private participation. The agency has determined that such a measure would require it to place the country in trouble in a situation of "partial failure". To which German Chancellor Angela Merkel, strong supporter of charging the private sector, responded that it was necessary to trust the European institutions.

ALSO READ:

»COMPUTER GRAPHICS – The world seen by the rating agencies

"Failure Greek: two issues, five referees

"INTERVIEW -" We must reform the rating market "

"SPECIAL – Europe, States facing bankruptcy

A TV for unlimited calling. Sony chose an original niche to highlight its TV connected: video conferencing over Skype, a service that allows free calls, provided you have an Internet connection.

If Japanese is not the only one to offer this service – Samsung, LG and Panasonic offer it as well – it is the first to make it as widely promoted. This choice is indicative of the state of the market for connected TV, which is considered a powerful source of growth for manufacturers, but that is slow to take off. For now, in fact, consumers are not rushing to acquire these new displays, including the additional cost can reach 20%. Now, Sony has chosen to generalize the TV connected to nearly all its range: 90% is provided.The ability to enjoy a free video conferencing service, regardless of the destination of the call could be a vehicle purchase.

Microsoft, another winner

But this initiative also risks alienating the telecom operators, who see emerge a new type of competition. However, competition is already fierce between service providers that continue to add "free" to their offering. Not to mention the risk of flooding posed to Internet networks likely this additional data traffic.

The highlighting of Skype, which is a service offered by Sony on its TV connected, enter the group's strategy to "bring consumers to their television, they gradually abandoned in favor of their PC, smartphone or tablet.The President of the Japanese giant, Howard Stringer, has willingly TV connected as an element "family structure" which may again find themselves in a room.

Although, paradoxically, the fact chat on his television to watch television prevents! Indeed, if technically nothing prevents the embedding of a "picture in picture, television channels are radically opposed to the idea of ​​content that eludes them inserted in" their "emissions. And even if the content is generated by the viewer himself.

For TV makers, adding new services, including Skype is the illustration, also aims to maintain the value of their products in a market where prices are falling fast.

Finally, the main beneficiaries of development of the offer should be Skype and its new owner Microsoft.The software company was criticized for having paid dearly (8.5 billion dollars) the service provider, has everything to gain. Since March, banner ads can be inserted into the video chat. On the big screen, they will be better highlighted! The benefits of Skype may finally take off.

ALSO READ:

"TV connected: the tone rises between manufacturers and ISPs

"The face on TV channels connected

U.S. stock markets close an increased very slightly on Thursday. The Dow Jones is 0.07% to 12,402.76 points, the S & P 500 gained 0.40% to 1325.69 points and the Nasdaq rose 0.78% to 2782.92 points.

On the foreign exchange market, the euro rebounded against the dollar on Thursday, helped by speculation about a coming increase in Chinese investment in the European sovereign debt.By late evening in Paris, the European single currency was worth 1.4135 dollars against 1.4083 dollars late Wednesday.

On the macroeconomic front, the U.S. GDP grew 1.8% in the first quarter, according to the second official estimate of the growth of winter, which confirms the original figure while analysts thought it would be revised upwards (consensus expected 2% growth).

New jobless claims in the United States are divided on the rise during the third week of May, 424,000 according to figures released Thursday by the Department of Labor (cons 414,000 the previous week), while analysts expected a decline, to 400,000.

Freescale Semiconductor revises downward its ambitions

The side of values, the scoring title Freescale Semiconductor will begin Thursday.The group says it still hopes to sell 6.5 million additional shares by June 1, in addition to the 43.5 million already invested. Freescale has set a price of $ 18 per share when it had advanced a range from 22 to 24 dollars in early May.

Microsoft: 1.98% to 24.67 dollars

The investment fund Greenlight Capital, a shareholder of Microsoft, wants to remove the CEO of computer giant, saying that Steve Ballmer is a man of the past best payday advance.

Computer Science: -13.02% to 38.35 dollars

For his part Computer Sciences announced yesterday evening after the close of Wall Street have registered for the fourth quarter of fiscal year 2010/2011 earnings per share of $ 1.09 against $ 1.16 and $ 1.66 expected year past. Turnover was 4.2 billion, stable over one year.Over the full year, EPS fell 10.4% while turnover remained stable at 16 billion dollars.

Liberty Global: 1.51% to 44.92 dollars

Also after the close of U.S. markets, Liberty Global has received an indicative offer from Foxtel to buy back its subsidiary Austar United Communications owned 54.2% at a price of 1.52 Australian dollars per share, valuing the share of Liberty Global to nearly one billion Australian dollars.

NetApp: 6.92% to 55.31 dollars

NetApp reported for the fourth quarter earnings per share of $ 0.59 against $ 0.53 expected and $ 0.5 last year, while turnover reached 1.4 billion dollars against 1.2 billion last year.For the quarter, NetApp expects earnings per share of 0.52 to $ 0.57 and revenues of about $ 1.5 billion.

Google: -0.30% to 518.13 dollars

Also of note, Google has unveiled a contactless payment solution developed by MasterCard and Citigroup. The owners of Android phones will eventually make their phones instead of their credit card at the checkout.

In Paris, investors should be wary this Tuesday as the day before the European and U.S. indices were trembling face the prospect of lowering the debt rating of long-term U.S. from rating agency Standard and Poor's. This morning, the effects of this threat is felt: in Asia, the main financial centers are displayed in red.

The session will be moderated by toufefois a series of publications. This morning already, and Essilor Zodiac unveiled their quarterly sales figures. Tonight, one of L'Oréal is expected. Side economic figures in France, the PMI flash (First estimate) Markit will be announced at 9:00. European side, the new car registrations in the EU for the month of March will be known at the same time. At 11 hours, the balance of payments in the fourth quarter of 2010 the euro area is known.United States, is expected to 14:30 starts in March housing.

On the currency front, the euro fell sharply against the dollar on Monday night, however briefly falling below $ 1.42, weighed down by renewed concerns over the debts of the most fragile countries in the euro area, although United States have themselves received a stern warning.Oil also fell back after a warning from Standard & Poor's, but the situation in the Arab world will continue to drive prices upward

Essilor confirms its objectives

Specialist ophthalmic equipment has confirmed its annual targets by announcing Tuesday an increase of 13.4% of its turnover in the first quarter thanks to its good performance in Asia and Latin America.

Zodiac Aerospace announced Tuesday it raised its forecast operating margin for the year 2010-2011 after having almost doubled in the first half thanks to the recovery confirmed the aviation sector. The aerospace equipment now expects an operating margin of 13% – against 12% and 13% previously – on the basis of one euro to $ 1.30.

LVMH saw sales growth accelerate in the first quarter despite the earthquake and tsunami that struck Japan on March 11, while analysts had forecast a slowdown in the growth of global luxury goods giant.

Edenred announced an increase in its turnover and volume of issuance in the first quarter thanks to strong performances in Latin America, while those in Europe are more mixed.

Soitec has reported an increase of 34.4% of its turnover in 2010 thanks to a rebound in demand in the fourth quarter and expects an operating profit "slightly positive" for the year.

Michelin announced Monday the signing of a Memorandum of Understanding with the Chinese groups and Double Coin Huayi for the creation of a joint venture dedicated to the production of tires for the Chinese market.

Audika confirmed its target of annual sales by announcing an increase of 8.6% compared to the first quarter of 2011.

Guyenne & Gascogne posted a turnover up 4.5% in the first quarter of fiscal 2011, mainly supported by higher fuel prices during the period.

Le Noble Age has reported a 11.3% increase from its operating revenue in 2010 to 179.9 million euros and said it expects for 2011 an increase of 7% at constant perimeter.Its operating profit gained 30.3% to 17.2 million while the group of nursing homes and health facilities was counting on $ 16 million.

April Group announced Monday the acquisition of the Elco, based in Montreal, a broker specializing in risk of damage for which the activity represented 10.5 million euros last year. Elco, which employs 80 employees, will be consolidated into its accounts from 1 April.

Theolia announced Monday it had charged an operating loss in 2010, hit by a major disposal plan that has sealed its production of electricity for its own account.

L'Oreal will publish tonight after the close of trading in its quarterly revenue and Spir Communication, and Transgene aufeminin.com.

Rising energy prices could rise even faster. EDF, controlled nearly 85% by the State, public authorities have offered to pass on higher energy prices on the individual invoice. The increase in electricity prices would range between 5.1% and 6.5% per year until 2015, including inflation, reports Les Echos. But the government denied the report.

In a statement to AFP, the Minister of Industry, Eric Besson said: "EDF did not passed from request to increase rates corresponding to the ranges mentioned" before adding "in any event, a document emanating from EDF does not commit the Government. "According to Eric Besson, "future pricing decisions will be made with a view to protecting the purchasing power of French people should continue to benefit from electricity 40% cheaper than the average of other European countries, thanks to the nuclear .

Increase between 28% and 37% in five years

The minister however said in February that the increase in electricity prices was "inevitable" in France to finance investments in nuclear power and renewable energy development. And this increase is expected to reach between 28% and 37% in five years, says Les Echos.

The increase in electricity prices depend on the price of Arenh (regulated access to nuclear power history). As part of the liberalization of Europe's electricity, law Nome, EDF is forced to sell up to 25% of its production of nuclear energy to its competitors prices Arenh.This rate has not been fixed and is continuing to debate. GDF Suez campaign for a level of 35 euros per megawatt hour (MWh), where the group chaired by Henri Proglio claims 42 euros in 2011 and steady increases to reach 46 euros in 2015. For now, the Regulatory Commission of Energy recommends a redemption price of 37.20 euros and the Champsaur report favors him a price of 39 euros.

Two scenarios

Eventually, the Nome Law provides that the cost of nuclear power in the rates converge to the price of Arenh 2015. But the cost of megawatt is estimated at 35 euros today. So to mitigate rising electricity prices on the invoice particular, EDF has scaffolded several scenarios, reports Les Echos. The electrician tricolor believes that the rise may reach 4.7% per year above inflation to 6.5% including inflation.However, if the government agrees to a modification of certain taxes, including the ability to finance renewable energy, the annual increase in rates could be limited to 3.3% above inflation to 5.1% with inflation.

At the debates on nuclear safety and the needs of investment in nuclear power seem to dominate after catastrophe Fukushima, appeals to higher energy prices could be heard. Still, the context is already loaded for the French who are with increases in fuel and gas. These potential increases could well fuel a new controversy and the fourteen months of a presidential election.

ALSO READ:

"Rising gas prices by 5% on 1 April

"The price of nuclear power causes a battle royal

"Energy: the tempo of the reform debate is

"EDF in a strong position to set prices