Wall Street will try to back up the hill

3rd June

The NYSE will try to rebound Thursday. At least this shows that the index futures that link upwards to just over an hour of opening. Than the Dow climbed 0.25% to timidly 12,305 points, the Nasdaq's advance of 0.43% to 2330 points while the S & P gained 0.26% to 1315 points.

Yesterday, U.S. markets have taken a double slap with first a series of bad macroeconomic indicators that raise doubts about the health of the world's largest economy. Then with Moody's decision to degrade three notches note of the Greek debt. The rating agency has cooled the financial markets had begun to hope that a solution be found to stabilize the financial situation of the country.

On Thursday, investors will try to turn the page of this session was the worst recorded since August 2010.But the excitement is palpable, while another set of indicators is important in the program. There will, before the start of trade, weekly jobless claims and productivity quarterly. Then, later, industrial controls and weekly oil inventories.

On the currency side, the single currency continues to rise against the greenback. Before the opening of U.S. markets, one euro was worth 1.4464 dollars. For their part, the oil prices were slightly higher in European trading. A barrel of Brent North Sea crude for July delivery traded at 114.90 dollars on the InterContinental Exchange (ICE) in London, up 37 cents from the close on Wednesday.In electronic trade the New York Mercantile Exchange (NYMEX) the barrel of light sweet crude (WTI) delivered to the same maturity gained 26 cents to 100.55 dollars.

Google and China: Paper

Internet giant Google will be monitored after the announcement of a hijacking Gmail accounts by hundreds of Chinese dissidents and American officials. While Google suggests a Haker Chinese, Beijing denounced the remarks "unacceptable."

The distributor Costco Wholesale Corporation reported net income of $ 324 million in the third quarter of 2010-2011 (73 cents per share), up 6% over the same period last year. Based on the number of share, earnings were 73 cents. Turnover was up 16% to $ 20.2 billion, with a jump of 12% on a comparable basis.

Limited Brands has announced a 6% increase in May same-store constant at 717 million dollars. But this figure is below expectations of analysts who had forecast an increase of 7%.

The mining equipment manufacturer Joy Global has reported a profit of 34% to 162 million in the second fiscal quarter, or $ 1.52 per share. Income climbed 19% to 1.06 billion. It's better than $ 1.35 per share and $ 1 billion expected by markets. The group also revises upward its forecasts. It now expects earnings per share between $ 5.60 and 5.30 against 5.10 to 5.40 before.

Métro, boulot, dodo, the cult of mobility is everywhere havoc

9th May

"The legislation governing the couples and the Labour embarked on a chase. The great divorce reform of 1975 was followed in 1979 by the introduction of fixed term contracts (CDD).

Lawyers are rubbing their hands across the Atlantic. The market for divorces finally woke up after two years of torpor. "They started to leave at the end of 2010, when their numbers had fallen by 24% in 2008 and 57% in 2009, has awarded Linda Lea Viken AFP, the president of the American Academy of Matrimonial Lawyers. It's not just the legal profession to be welcomed in a country that counts normally breaks matrimonial 4.95 per 1000 inhabitants each year. World record is almost two and a half times more than in France. The upswing of the "separations" better expresses the country's economic health.If the Americans dare to part again is that they feel strong enough to face a financially costly operation.

Cheers flexibility, spring's traditional America, its prosperity and its mores, whether contracts of employment or marriage. United States, the standard is ten times change employer in his life, likes to recall former President Bill Clinton. This is much less in Europe.A study of the ad hoc International Labour Office, the German spends an average of 10.7 years in the same company and the French 11.3 years.

More than one in two marriages ends in divorce

For their part the French would they be more mobile in their private lives and in their professional life? That is what the sociologist Jean Viard says: our countrymen remain in their seven years and twelve couples with the same employer, had launched the author of In Praise of mobility, at a conference of parliamentarians UMP shocked by such a revelation . These statistics do were confirmed either by INED, National Institute of Demographic Studies, or by INSEE, the trend is real and underlined.

To judge the divorces in France, it is obviously misleading to report their number (130,601 voted in 2009) to that of marriages in the same year (251,478).And conclude that "more than one in two marriages ends in divorce." This rate of "divorce", a term the Ministry of Justice does not provide information on behavioral changes. Demographers proceed otherwise. They restore, generation after generation, the fate of unions. According to figures provided by France Prioux, a demographer at INED, 30% of marriages registered in 1970 ended in divorce, and this rate has steadily increased. It was 40% for marriages contracted in 1986 and 43% for married year 1992 payday loans with no fax. These projections, we said France Prioux only way to compare the routes, not yet complete, of generations as far as 1970 and 1992.

The side of the job market, things seem less clear.INSEE has just informed us that in 2009, 42.1% of employed persons in the same company for over ten years, all sectors combined (a photograph of the labor market in 2009). With peaks at 50.2% in industry and 57.3% for farmers. The crisis has prompted employees to remain in their company when they have not been dislodged by a "social plan". They were only 41.8% have a tenure exceeding ten years in 2008.

Since the early 1970s, couples and laws governing the Labour Code have embarked on a bizarre chase. The great divorce reform of 1975, establishing the procedure by mutual consent, was followed in 1979, still under the seven-Giscard d'Estaing, the introduction of fixed term contracts (CDD).In 1999, the creation of the PACS (Civil Solidarity Pact) offered a substitute for marriage, including homosexuals. Then the new simplified procedures for divorce in 2004 encouraged Florence Parisot, the president of MEDEF, in 2007 to ask (and get) a "divorce by mutual consent" between the company and the employee. But for now, advantage to love, including leases, more and more temporary, could in future be shorter than the labor contracts.

Ode to mobility

This hymn to mobility also money, third vital point of the triangle. "It is easier to change bank woman, ironically there are still some great banker instead. He stigmatized the administrative complexities inherent in this kind of operation.This is less true since the legal obligation in 2008 to establish a service in each establishment of "mobility aid" to its customers.

As for transport, their progress is measured in kilometers. In 1950, every French walked five kilometers a day, while he performs now 45, likes to emphasize the sociologist Jean Viard. Unfortunately, the ease of such material has to travel daily to more expensive counterpart perverse unprecedented housing in downtown. "There all is order and beauty, luxury, calm and pleasure", but inaccessible to the homeless near ", which should mobilize their time and energy to get to the grind. Should there be one day avoided the elevators in the big cities in order to reintroduce a social mix? In the nineteenth century, the less fortunate living on the upper floors where they climbed on foot. A lesser evil.

Cac 40: continued to trend upward

1st March

Looking at the pretty gains yesterday on Wall Street and in Asia this morning, it is thought that the European stock exchanges should open in the green Tuesday morning, even if the pace of increase will be less intense than yesterday. In Paris the Cac 40 closed yesterday on a strong increase of almost 1% beyond 4100. Investors are also relieved as downward pressure on the oil market, while Saudi Arabia has shown its determination to act if necessary.

On the foreign exchange market, the euro continues to rise on fund prospect of higher interest rates from the ECB in the coming months as inflation in European countries made up the pressure.A euro is worth 1.3813 dollars on Tuesday morning around 7:30.

Tuesday, statistical side, the manufacturing PMI (Markit) will be released at 9:50 and will be released on turnover in industry and construction in December at noon. But the most anticipated figures today are those of the French automobile market for the month of February, while the effect of end scrapping should weigh on sales volumes as groups PSA Peugeot and Renault. We will look at the impact of these data values and automotive equipment manufacturers (Michelin, Valeo, Plastic Omnium, etc..) Stock exchange.

Technicolor has reduced its losses in 2010

On the values front, sales of the former Thomson – on the brink of bankruptcy in 2009 – have rebounded throughout the year.The net loss of 69 million has been divided by five.

Vivendi expects a slight increase in its profits and maintaining a high dividend in 2011 after posting 2010 earnings in line with expectations, the economic daily reported Tuesday Voices.

Casino Guichard wants to sell assets for 700 million euros. The group expects an increase in sales of more than 10% annually the next three years

GDF Suez, the second largest European utilities in terms of turnover, is studying the possibility of selling its gas distribution network in Italy as part of a transaction that can represent 750 million euros payday loans guaranteed no fax.

Carrefour and Alliance Boots company announced Monday an agreement of long-term cooperation in the field of cosmetics.Both groups will also explore partnership opportunities in emerging countries in the field of health.

Ingenico Group announced Monday night that he might have to raise its medium-term objectives, set for 2013, on the basis of a year 2011 for which it expects organic growth in turnover and improved margins.

Remy Cointreau The specialist wine and spirits Monday soirêtre entered into exclusive negotiations with the PPE Group for the sale of two brands of Champagne Piper-Heidsieck and Charles Heidsieck.

Predica, a subsidiary of Crédit Agricole Assurances and Land Wall announced Monday it had signed with the Louvre Hotels Group protocol to acquire a portfolio of 33 hotel properties operated under the Campanile.

The IT services company Steria announced Monday anticipate an acceleration in organic growth in turnover in 2011 against a backdrop of improving the IT services market, but its margin is expected to remain stable compared to 2010.

Dried Environment published Monday desrésultats 2010 rising, carried by the treatment and recovery of waste, and it was announced a further increase in current operating profit in 2011.

April Group announced Monday a 9.6% increase in net income in 2010 for increased income from investments and the sale of nonstrategic assets.

Bureau Veritas has released results Monday of 2010, net growth due to emerging countries and said to anticipate further strong growth in sales and operating profit in 2011.

Damartex announced Monday a Damartex Monday announced an increase of 17.5% in operating profit in the first half of 2010-2011 ended in late December, to 23.4 million euros, thanks to improved sales and its margin.

The Cac 40 rating again, down

25th February

The CAC 40 has made a good scare. For a few minutes of trading in the index in Paris was suspended due to a technical incident. "This is an incident related to the calculation of changes in European indices of NYSE Euronext (index levels), says it at NYSE Euronext. It has however had no impact on trading. " On Tuesday, the Milan Stock Exchange was suspended for six hours for "technical problems". No reason had been advanced.

On the stock market in Frankfurt, the Dax lost 0.83% to 7134.70 points and the FTSE-100 from the London Stock Exchange was down 0.88% at 5871.69 points.

Wednesday, Wall Street closed down for the second straight session, losing more than 2% in two days.Same atmosphere in Tokyo where the Nikkei loose over 3.5% since the beginning of the week.

Announced unemployment down sharply in January

About unemployment, which figures will be released at 18 hours, the Labour Minister, Xavier Bertrand, assured that he would be in sharp decline for the month of January.

Moreover, consumer sentiment remained stable in February to 85 points and remains "well below its long-term average, said Thursday the National Institute of Statistics (INSEE).

For the euro area, the confidence index of entrepreneurs and consumers in February will be released in 11 hours.

United States, are due on weekly claims for unemployment benefits (1430), orders for durable goods in January (1430), sales of new homes in January (16 hours) and the weekly inventory of crude oil (16 hours ).

On the currency markets, the euro continues to gain ground against the dollar, the euro this morning quoting 1.3766 (+0.12%).

Oil is approaching $ 120 in London

A barrel of Brent North Sea crude for April delivery was just under $ 120 Thursday around 10:00 at 119.79 dollars, before retreating, supported by the unrest in the Arab world, including Libya, a major producer black gold.

On the podium of the largest declines the CAC 40, Vallourec (

Credit Agricole 2.68% to 12.09 euros

Credit Agricole posted Thursday a net profit in 2010 increased 12% to 1.263 billion euros, despite a loss in the fourth quarter due to an impairment charge.

France Telecom: -1.98% to 15.87 euros

France Telecom on Thursday posted a 2010 turnover of 45.5 billion euros, up 0.6% excluding regulatory measures, while its net profit also rose to 4.88 billion, in line with analysts' expectations.

The board of directors of the telephone company has formalized Wednesday, the eve of the publication of annual results of the group, the appointment of Stephane Richard as CEO from 1 March 2011.

Saffron: -1.55% to 24.51 euros

The aerospace and defense OEM French Safran announced Thursday it made a profit adjusted net up 29% in 2010 and is optimistic for 2011 with the objective of increasing its operating income by at least 20% quick guaranteed personal loans.

Supply: Washington will decide

Edenred: -0.76% to 19.05 euros

The prepaid industry, Accor, Edenred, reported Thursday a net profit of 68 million euros for 2010, against a pro forma net loss of 57 million euros a year earlier.

Vallourec: -4.56% to 74.11 euros

Vallourec 2010 results on Wednesday declined due to lingering effects of the crisis on its activity and said that its margins are under pressure in the first half of 2011.

After the publication of disappointing results on Wednesday, Accor fall of 4.34% to 32.43 euros.

Dexia 0.50% to 3.22 euros

Dexia announced the results below expectations in 2010 but maintained its financial targets for 2014.

EADS: -0.53% to 20.74 euros

The Pentagon is expected to unveil Thursday its decision on the mega-tanker contract from the U.S. Air Force, for which the U.S. aviation giant Boeing and Europe's EADS are competing for several years.

Air France postpones Paris-Tripoli

Air France-KLM: -1.08% to 11.50 euros

Air France-KLM has decided to postpone until further notice the opening of its Paris-Tripoli, scheduled for March 29 because of the situation in Libya, said the airline.

Vilmorin: -0.35% to 87.47 euros

Vilmorin confirmed its full-year after a first half marked by a reduced loss from one year to another through the bond of its activity.

Ipsos: -1.62% to 33.95 euros

Ipsos has announced plans to increase its operating margin to 11% and do better than market growth studies expected 5% in 2011, having exceeded its targets for 2010.

Dassault Aviation, a subsidiary of Dassault, owner of Le Figaro, is hopeful of winning a contract to supply 60 Rafale fighter jets in the UAE, for $ 10 billion, officials said adding that the group negotiations continued.

Award: Successful debut for Jemini

Technicolor: 1.10% to 5.31 euros

Technicolor announced Wednesday it had received a firm offer for the activities of headends from Grass Valley, balances and its assets in the subsidiary being restructured and terminating its program of asset disposals.The group is in advanced talks with Orange to build its next generation of decoders in France.

Jemini: 9.74% to EUR 8

The specialist licensed products, Jemini, lists on Alternext Thursday.

In meeting, Crédit Industriel et Commercial release its quarterly results. After market, it was the turn of Thales, Saint-Gobain, Valeo and Eiffage present their annual results.

The cards are also lucrative charitable

24th February

The year 2010 was marked by a wave of bank cards say charity or solidarity in the portfolios of the French. Last launch date, the European Private Bank (OCA) officially presented in late January its "generous offer" in partnership with the Institut Pasteur. The offer, dubbed Altruis BPE, can automatically trigger donations of 0.50, 1 or 2 per transaction from his bank card, a MasterCard Gold card bearing the image of Louis Pasteur, for any payment of more than 20 euros no fax payday loan. "We offer our customers a simple way to get involved and different, with us in a great cause that affects us all and we are happy to defend," said Etienne-Marie Airiau, Director General of BPE.

The credit card of BPE, the portrait of Louis Pasteur, the latest arrival on the card market charities.

Boosted by the cold, oil continues to rise

27th December

The cold pushed oil

Oil climbs again. In New York, a barrel of light sweet crude for February delivery touched on Thursday the 91.63 dollars during trading, a level not seen since Oct. 7, 2008. Same thing in London Brent North Sea rose to 93.94 dollars, a level unseen since October 2008.

First explanation: the particularly cold weather. "The cold weather in Europe has increased demand for heating oil, and demand is also good in the U.S. due to low temperatures," said Andy Lipow of Lipow Oil Associates. Second explanation: investors, enthusiasts are convinced that the crisis scenario will become reality next year. "People are optimistic about economic conditions for 2011, and therefore they expect a good demand for oil," said Andy Lipow.The indicators published last Thursday in the U.S. are indeed positive. New jobless claims fell to remain near their lowest level this year. Household consumption rose 0.4% in November, and the index measuring their confidence has been revised upwards.

In addition, the weekly report from the U.S. Department of Energy showed a further drop in crude inventories. The latter fell by 5.3 million barrels to 340.7 million barrels. Economists on average had expected a decline of 2.3 million barrels. This decline was seen "as an encouragement to the uptrend of the market," noted Antoine Halff, of Newedge Group.

Fitch degrades Portugal, gold benefits

For its part, gold ended the week close to its record (1,431.25 dollars) to 1,380.50 dollars per ounce at auction Friday morning.The yellow metal continued to benefit from its safe haven status with degradation by Fitch, the rating of Portugal. Greece is also in the sights of the rating agency. In addition, the firm specializes GFMS released a study that he believes that gold purchases by central banks will be more important than sales next year, further strengthening the market appetite for the precious metal in 2011.

The silver finished higher to 29.31 dollars per ounce on Friday. On the London Platinum and Palladium Market, platinum ounces of palladium and ended with a gain in 1725 and 764 dollars respectively.

Copper breaks records of popularity

As for base metals, copper has yet signed the performance of the week. The red metal has surpassed its previous record by reaching the 9390 dollars per tonne on Tuesday.The reason: pressure on supply due to the suspension of exports of Chilean Collahuasi mine, the third production site in the world. Due to an accident on the marine terminal, the site is closed for an indefinite period faxless payday advance. A lack of visibility reinforces fears of a tighter supply in an already very narrow. For several days, in fact, one trader and one unidentified controls over 80% of stocks on the London market, which represents half of world supply. The Wall Street Journal attempted to resolve the matter by announcing that the bank JP Morgan was behind the mystery merchant. This last fact is preparing to launch an ETF tied to copper.

Diarmuid O'Hegarty, head of regulation on the LME, however, told AFP that "dominant positions were not uncommon on the LME.We do not prevent an investor to buy the metal, but we restrict, by forcing it to make it available again some of the stocks. "

Few reassured investors drive up and bring to boil over other metals, including tin, which hit its highest in almost two months to 26,999 dollars per tonne. Aluminum has reached 2469 dollars, its highest level since mid-November.

Coffee and sugar highs touch

As for food, coffee has yet hit a high in 13 years. In London, robusta tonne for delivery in March 1998 touched dollars Friday while in New York, the pound of arabica finished at 235.90 cents on Thursday. Prices are even mounted up to 242 cents. Never seen in 13 years. Investors are febrile due to heavy rains are British.

Sugar is also continuing on the path upward.In New York, a pound of sugar for March delivery hit the 34 cents, its highest since January 1981. In London, the ton was trading at 823 pounds Friday, a record since 1987. As for coffee, weather explains this phenomenon. Investors anticipating a significant impact of the storm Nina on Australian crops. In Brazil, the drought that makes us fear the worst.

Finally, cocoa continued to rise amid political crisis. Markets still fear an outbreak of violence in Cote d'Ivoire, the largest producer worldwide. The outgoing president, Laurent Gbagbo, refused to relinquish power despite pressure from the international community that recognizes the legitimacy of Alassane Ouattara. While the political crisis intensifies, the fear of civil war burst increases. The uncertainties have already disturbed the brown bean exports.On Liffe in London, a tonne of cocoa for March delivery ended Friday, 1975 to 2010 pounds pounds the previous Friday. In New York, the contract ended Thursday at 3,020 dollars per tonne against 2,965 dollars a week earlier.

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The Paris Bourse is expected in the red

15th November

The CAC 40 continues to move away from 4000 points. And on Monday, the benchmark index of Paris will have difficulty returning to positive territory as the context otherwise requires.

The financial difficulties that affect several countries in the European Union, still sow doubt on the markets. Last rumor to date: Brussels could unblock some 70 billion euros to help Ireland. For its part, Portugal is considering leaving the eurozone. Finally, the Greek Prime Minister George Papandreou has not ruled out Sunday refers to the possibility of an extension of the duration of the loan of 110 billion euros in May granted to Greece by the Union and the Fund euroépenne IMF.

Friday, those concerns had already led the ACC and the U.S. indexes downward. On Monday, Asian stock market also gave a very encouraging signal.

The meeting, however, could come alive with the publication of key indicators in the U.S. earlier this afternoon. Include the expected index of activity of the New York Fed in November retail sales in October and September business inventories.

Meanwhile, on the currency markets, the euro appears to decline against the dollar. A euro is worth 1.3678, dollar (-0.12%) in morning trading.

Turnover jumped EDF

As for values, EDF has made a statement before trading turnover up 9.5% to 52.9 billion euros in the first nine months of the year. The group also confirmed its earnings targets for the whole of 2010 payday loan lenders.

According to Le Figaro on Monday, Carrefour would encounter difficulty in the launch of Planet, its new superstore concept.The deployment, which should reinvigorate sales of the largest distributor's stores, will not start before the end of the first half of 2011 and at a pace slower than expected. Moreover, Casino is prepared to put between 800 and 900 million euros on the table to buy the Carrefour opened 40 stores in Thailand, according Wansquare and Les Echos.

The 23 works councils of companies working for the Hermes Group have expressed their support for the family shareholders of Hermes against the irruption in the LVMH group's capital.

Danone could partially redeem the U.S. Mead Johnson Nutrition (JN), valued 12.3 billion, to grow in baby foods and emerging markets. The funds needed for this transaction come from the sale of the water division of the group.

ArcelorMittal would be interested in the Massey Energy coal if they decide to offer for sale, the Wall Street Journal, citing people familiar with the matter.

BNP Paribas is in competition with Intesa Sanpaolo and Raiffeisen to buy a stake in Polbank, the Polish subsidiary from the Greek EFG Eurobank, officials said Saturday at a banking source close to the transaction.

The Australian PMI offers 9.6 billion euros for the acquisition of AXA Asia-Pacific, Asian branch of the French insurer Axa, Australia and New Zealand.

An independent report overwhelms Foxconn

14th October

The manufacturer of the iPhone on Chinese soil, Foxconn has definitely struggling to restore its image. After the controversy following the wave of suicides among its employees before the summer, that the Taiwanese company Hon Hai group in trouble again. Taken in the crossfire of two dozen researchers from universities, mainland China, Taiwan and Hong Kong, which recently produced a damning report on working conditions in the electronics giant.

Foxconn factories, which can range as 400,000 people in Shenzhen, there are no more or less described as "labor camps", a term which takes its value in China disaster. The report recalls that there were 17 suicide attempts since the beginning of the year, with 13 deaths. At the time, CEO Terry Gou has stated that these desperate acts were due to personal problems.The document puts him in because forced overtime, up to a hundred hours a month, only a portion being paid. The employees would perform an average of 83.2 hours of overtime per month, more than double the maximum allowed by Chinese law (36 hours).

Fake medical documents

A spate of suicides, Foxconn announced in June to bring the monthly salary of 1,200 yuan (130 euros) to 2,000 yuan (220 euros), but these promises are far from being fulfilled. In addition, the company would resort to abuse to students and "trainees" to offset these rising costs. Fake medical documents would be provided for workers exposed to toxic substances cashadvance. It is even described a corporate culture "militarized."13% of the 1,800 workers polled in the survey, conducted in 12 plants and 9 cities reported to have fainted on the line of work, 28% reported having been verbally abused, 16% had received physical punishment and 38% have suffered restrictions of freedom. Foxconn denied "emphatically and categorically" the charges, asserting that he had committed to provide a "safe working environment and positive" to its 920,000 employees in China.

The new controversy comes as the group, also a subcontractor for Dell, Sony and Hewlett-Packard continues an impressive development on the continent. It has planned to bring its workforce to 1.3 million by the end of 2011. Attracted by reservoirs of manpower important, cheaper and less disruptive, it operates alongside a move towards the Chinese hinterland.Following the wave of strikes this spring, the China Daily said recently that "the vast majority of Chinese provinces have taken this year by more than 20% of the minimum wage." But the movement is greater on the coast.

The 400,000 new jobs will therefore be created in the central provinces of the country, especially in Henan and Sichuan. Foxconn says that this impressive rise, designed to meet the increased production will also reduce these dangerous "overtime."

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Wall Street remains cautious

10th September

Markets want to finish the week in green. This Friday, the Dow Jones gained 0.22% to 10,438 points in early trade. The Nasdaq climbed more painfully than 0.02% to 2236 points while the S & P takes 0.08% to 1105 points.

Despite doubts about the slowdown, fueled since the beginning of the week by the Fed, investors are motivated by the idea of linking a third consecutive session of gains. On Thursday the NYSE has taken a small step forward, encouraged by the publication of weekly unemployment figures, better than expected.

They now expect wholesale inventories for July. But especially the speech that Barack Obama should say tonight at 5:00 p.m. (French time).After announcing plans massive boost, Bush would again speak on the economy and seek to mobilize its troops for the November elections.

On the foreign exchange market, the dollar regained color in the morning against the euro and against the yen after the announcement of the filing of a Japanese bank. The euro was at 1.2685 dollars against 1.2697 on Thursday night. The dollar also regained strength against the yen at 83.88 yen 83.85 yen against the previous day.

Electronics supervision

On the side of values, maker of semiconductors, National Semiconductor, released after the stock market, strong results, benefiting from strong demand for chips for mobile phones and terminals industrial applications. However, projections of group sales are lower than consensus expectations no fax cash advance.In its fiscal quarter ended August 29, National Semiconductor has earned a turnover of 412 million, up 31%. The operating margin was 70.9% (against 61.1% last year), a record for the company. The titles are punished: -5.47% to $ 12.20.

For his part, the U.S. manufacturer of electronic components Texas Instruments (-0.80% to 23.65 dollars) tightened its forecast for the third quarter, with turnover expected between 3.62 and 3.78 billion dollars, which would increase over one year. The previous range was advanced in July a quarterly revenue expected between 3.55 and 3.85 billion dollars.Earnings per share are now expected between 66 and 72 cents, against a previous range of 64-74 cents.

Always on the side of values, the BP (+0.16% to 38.08 dollars) traded on Wall Street, announced in the morning one week postponement of the publication of its results for the third quarter, a delay that The company justified by the complexity of accounting for costs related to the oil spill in the Gulf of Mexico.

Also note, the giant Internet Google (-0.27% to 477.48 U.S. dollars) has announced the opening of a research and development in Paris, which should employ fifty engineers invest between 5 and 10 million dollars in the creation of a cultural center.

The CAC 40 picks

24th August

Already cooled by the poor performance of U.S. markets and Asian, European markets were moving down sharply on Tuesday. But the coup de bamboo fell to 16 hours, when the number of highly-anticipated sales of existing homes in the United States has been published.

They fell in July from 27.2% to 3.83 million annualized units, their lowest level in more than 15 years. The fall is twice stronger than expected. A nasty surprise while growing doubts about the strength of the U.S. recovery, and while the labor market overseas and yet still shows signs of weakness.

Emblematic of Wall Street widened its losses and European stock markets suffer the consequences. The Dax drops 2.19% to 5879 points, the London FTSE coward 2.24% to 5117 points.In Spain, the Ibex lost 2.57%, the Belgian BEL 20, 1.63% and the FTSE Eb Italian, 1.68%.

In addition, industrial orders in the eurozone rose slightly more than expected in June, according to statistics released Tuesday by Eurostat. The control inputs in the sector rose 2.5% from May and 22.6% compared to June 2009. Economists and analysts on average expected for June increased 1.5% from May and up 22.9% over one year.

Values follow

Accor announced Monday the signing of a Memorandum of Understanding regarding the sale of walls 48 of its hotels in Europe for $ 367 million, Predica, insurance subsidiary of Credit Agricole (-2.03% 9.95 euros) and the Land Walls, a subsidiary of Land regions (-0.68% to 71.50 euros).Titles leapt 1.54% to 23.72 euros this morning and remained alone in the green mid-session, up 0.21% to 23.410 euros.

Danone (-0.37% to 41.34 euros) Immédia acquired the company, number three French juice mixed with fruit (smoothies), whose turnover is around four million euros, reports the Tribune.

The Ministry of Sustainable Development and Bercy warned on Monday evening Regulatory Commission of Energy (CRE) and the Higher Council of the energy of their intention to decline by 12% the purchase price by EDF (-0 , 02% to 31.795 euros) of photovoltaic electricity.

The bank Societe Generale (-1.88%) and BNP Paribas (-1.80%) are among the largest declines.

Lafarge unscrews 3.08% to 36.95 euros.Bank of America-Merrill Lynch downgraded its opinion on the title of "neutral" to "underperform" and lowered its target price of 53-42 euros.

The euro was down 0.32% against the greenback at 1.2618 dollar. The European currency reached its lowest level since 8 years against the yen. The dollar is worse than 15-year low against the yen.