Archive for the ‘special’ Category

Plastic Omnium: activity remains strong

April 22, 2010 - 7:48 pm Comments Off

77% of turnover is generated abroad, including 11% in Asia.

The turnover of automotive operations increased by 53.4% over the first three months of the year, to 605.6 million, a level comparable to the turnover of the fourth quarter of 2009 (594 million euros).The environment of the activity rose 4.1% to 104.2 million unsecured personal loans.

In 2009, the automotive supplier has made an annual turnover of 2.459 billion euros, down 8.8% and a profit of 63.8 million against a loss in 2008.

Boosted by new models

The activity was supported by the rebound in production in North America and Europe, by continued strong growth in Asia, especially China (152%) and by new model launches in Germany BMW X1 and X5 in the U.S., the Citroen C3 and DS3 in France and the Opel Astra in Germany.

The turnover of the second quarter of 2010 should be similar to the First and growth pole Environment, started in Q1 2010, is expected to accelerate throughout the year, the company said in a statement.

The title, which has a market capitalization of 570 million euros, has already increased by nearly 75% since 1 January after a gain of 160% in 2009.

ALSO READ:

»Plastic Omnium profitable again in 2009

France Televisions suspended the privatization of its governance

April 14, 2010 - 4:24 am Comments Off

End of turbulence for the advertising of France Televisions? The group's board decided on Tuesday morning to suspend negotiations with the consortium formed by Publicis and Lov St?phane Courbit, confirmed by France Televisions in a statement.

Discussions were already sealed since Frederic Mitterrand has reported an "ethical problem" for potential buyers. Jean-Francois Cope said his contribution to the debate by expressing support for the maintenance of advertising day after 2011, the date fixed by law to decide the future of advertising on France Televisions.The decision of the board of directors is therefore in the direction of the leader of UMP.

This decision takes into account "the substantial uncertainty surrounding whether or not to advertise before 20h," the statement said the leadership of France Televisions, which states that the "exclusive negotiations in progress is intrinsically linked to the assumption of suppression of advertising before 20 hours on the antennae of the group. "

A result in ahead of schedule

The management team at France Televisions has another reason to rejoice. According to the Tribune on Tuesday, she managed to exit the group's public accounts in 2009, making him reap a profit of 19.6 million against a net loss of 78.4 million in 2008. The performance is surprising in light of the deficit of 135 million originally budgeted. All indicators are also green.Operating income also goes a loss of 101.2 million to a profit of 68.7 million is one year. A result that the State had not expected before 2011 pay day loan lenders.

Net revenue available group also rose to 2.497 billion against 2.263 billion a year earlier. This result is explained partly by an 8% increase in advertising revenues for 20 hours (405 million euros), and secondly, by a government grant of 405 million euros expected to offset the stop advertising after 20 hours in 2009 which resulted in a shortfall of 383 million euros to France Televisions.

The cost of programs increases

The results show an increase in expenses of 3.2% to 2.45 billion euros. Since the cessation of advertising, France Televisions was indeed invest heavily in its production.The group would also step up its commitments in the sector of cinema

These new standards imposed on manufacturers led to an increase of 4% of program costs to 1.94 billion euros. The savings from the reduction of staff (120 positions at least 10,350) are not sufficient to compensate. Hence the current plan of internal synergy.

Confusion surrounds the departure of Carolis

These results sow disorder while rumors of departure of Patrick de Carolis at the end of his term in August amplified since Saturday. Alexandre Bompard, 37 years and current CEO of Europe 1 appears to be the favorite to take the head of France Televisions. His appointment could even intervene Tuesday on the sidelines of the meeting of the board of directors of France Televisions or Wednesday in Council of Ministers.The information is currently denied by the Elysee.

ALSO READ:

"France Televisions: the puzzle of the advertising

"France TV: Publicis ready to increase its offer

The traffic finally off again at Air France-KLM

April 8, 2010 - 9:36 pm Comments Off

In trials with Irish rival Ryanair, and having given up to launch its low cost, Transavia, Air France-KLM posted in March up 4.7% of its passenger load factor to 80, 5% (+5 points), according to a statement released Thursday. The total number of passengers carried in March amounted to 5.9 million people. This is the first increase since December 2008. In February, the traffic had emerged down 0.6%. By comparison, Ryanair carried 5.3 million passengers in March, an increase of 13%. Its load factor was 79% (+2 points).

"The continuing recovery of passenger and cargo operations has been significant in the month of March both in terms of traffic and unit revenue.Even if they were significantly higher than last year, they remain below levels reached in March 2008, "the statement said.

The largest increase (+7.2%) is recorded on the Asia network for a load factor of 88.5% (+5.8 points) against 2.2% for the Americas and Europe, whose respective load factors amounted to 85.1% (+4.4 points) and 67.2% (+4.4 points).

At the Paris Bourse, the stock has lost 1% to 11.87 euros in a market that has yielded 1.20%.

ALSO READ:

"Air France filed a complaint against Ryanair

Wall Street awaited the green

March 29, 2010 - 10:57 pm Comments Off

The index futures are predicting a slightly higher opening of U.S. markets. Shortly before the opening of Wall Street, futures on indices Standard & Poor's 500 and 10.8501961,50 points.

The U.S. markets have ended on a stable note Friday. The Dow Jones gained 0.08% to 10850, 36 and the Nasdaq 100 0.18% to 1952.63. The values of consumer durables and clothing and basic materials have gained ground. Conversely, those software and services and facilities and health services have been abused.

For U.S. investors await today in early afternoon revenues and expenditures of households for the month of February.

But the main highlight of the week on the macroeconomic level is expected Friday with the release of monthly statistics of unemployment in the United States.But U.S. markets will be closed as usual April 2 for the Friday that precedes Easter. Investors can therefore respond to the employment figures as the following week. They should focus their attention until the "Leading indicators of employment 'perception of the labor market by households, with the Conference Board survey from Tuesday, then the number of ADP private practice Wednesday. According to the makers of "Aurel BGC, the consensus of economists expect a sharp rebound in job creation."But, "this movement is partly technical, related to the reintegration of people who temporarily lost their jobs because of weather conditions in February …" add the specialists Aurel BGC.

Other key indicators of the week will be Tuesday house prices and an estimate of consumer confidence, Wednesday the index of activity in the Chicago area and the numbers of orders in February. Thursday last week's meeting, the market will focus on the ISM index of manufacturing activity and construction spending in March.

On the currency markets, the euro continued to recover against the greenback after the announcement last Thursday of an agreement between the countries of the eurozone to help Greece with the participation of the IMF.The euro was trading above $ 1.34 in the morning.

The values listed, Chinese, Geely signed Sunday an agreement with Ford on the acquisition of Volvo cars. The sale had been expected for several weeks, the Geely group wishing to build a Volvo plant in Beijing for its domestic market. Ford said the transaction was $ 1.8 billion and would be finalized during the third quarter.By selling Volvo, bought 6.45 billion dollars in 1999, and Ford sells the latest brand of upscale pole he had wanted to be and which also included Aston Martin, Jaguar and Land Rover.

According to the Sunday Telegraph newspaper, Verizon Communications, the second mobile operator in the United States, is in talks to merge with Vodafone.

Companies are also starting to communicate on the cost of health reform. AT & T announced a provision of 1 billion, Caterpillar announced a 100 million dollars and Deere & Co, an extraordinary expense of 150 million. The impact of this legislation on corporate performance is difficult to estimate the short term. The new law eliminates many tax deductions that companies used to reduce health costs for retirees.

The Chinese prefer holidays in China

March 27, 2010 - 11:01 am Comments Off

At dawn on a trail lined with pine trees, hundreds of faces marvel at the sunrise over ridges carved Yellow Mountain, immortalized in traditional Chinese paintings. Search for a little solitude during his vacation in China is a challenge. On most sites, it is not uncommon to see the flags float guides, which announced the arrival of yet another group.

"I travel a lot, but I've never had either the opportunity or means to go abroad," Huang Yun smiled. Commercial for a Chinese company, this young woman of 29 years has never traveled child. But since she works in Shanghai, she loves from a change of pace and has swelled the ranks of Chinese visitors to their own country. These represent the vast majority of tourists visiting the Middle Kingdom.Moreover, only a minority of Chinese can afford to leave the country for holidays.

"The video interview with Henri Giscard d'Estaing, CEO of Club Med

The China National Tourism Administration has counted last year 1.9 billion domestic tourist trips to China by plane, train or car. A steady increase in sales for twenty years, thanks to higher living standards, the relaxation of regulations on interprovincial travel and the emergence of paid leave. The award of "Golden Week" by the authorities in the late 1990s, now allows the public to enjoy each year, more than four public holidays, two weeks of leave data at all, for Chinese New Year and National Day on October 1.The Law on Employment Contracts of 2008 provides between five and fifteen days of additional holiday for employees according to seniority no faxing pay day loans .

Besides the New Year with the family, the Chinese go on holiday generally organized in groups, with a busy schedule to as much as possible in four or five days. Beginning with visits to historic and natural sites, their favorite activity. The Chinese territory is seventeen times the France and has twenty-seven sites classified cultural heritage by UNESCO.The local holidays are often more affordable than those spent abroad.

Restaurants & karaoke

Nearly 40% of Chinese tourists spend each year between 100 and 500 euros for travel, 30% between 500 and 1 000, and one quarter more than 1 000, according to a survey by Ctrip, the first Chinese travel agency , which depends on the state.

If the "sacred mountains", Beijing and the Great Wall continues to attract a mass of tourists, new emerging destinations. Almost deserted in the 1990s, the tropical island of Hainan in the south, has become one of popular destinations. Even if the tan is not part of beauty of Asian middle class does not sulk pleasure to enjoy a little sea air.And always have access to a choice of restaurants and karaoke.

For more exotic destinations, the Chinese can afford a small world tour for 16 euros on the national pavilions of Shanghai World Expo, which opens on 1 May Of the 100 million expected visitors, 95% should be Chinese.

Time Warner would offer $ 1.5 billion for MGM

March 23, 2010 - 2:25 pm Comments Off

The studio, based in New York could provide between 1.2 billion and 1.5 billion dollars for the recovery of the mythical MetroGoldwynMayer (MGM), as disclosed by the British newspaper Financial Times.

MGM has put up for sale last year, following its inability to pay its bills. She had received several proposals, three were still in contention at the end of last week. The company, which had initially hoped to sell two billion dollars, must be examined this week, not totally exclude the possibility of remaining independent fast cash loans .

The Hollywood studio has contracted a debt of 3.7 billion dollars five years ago, and he suffered falling DVD sales that affects the entire industry.His library of 4,100 films is yet to dream all his competitors.

MGM owns the rights to include the James Bond series, including those who are running. Time Warner owns the news channel CNN and Time Magazine.

Lagarde tracking bank charges

March 17, 2010 - 3:54 pm Comments Off

Christine Lagarde is going to war against unfair bank charges. At the request of the Prime Minister, Fran?ois Fillon, Minister of Economy and Finance has commissioned a report to the former CEO of Credit Agricole, Georges Pauget, and chair of the Advisory Committee of the financial sector (CCSF), Emmanuel Constans. "Our goal is to protect consumers," she said into the microphone of RTL on Wednesday morning.

Bank charges: avoid abuse

The minister hopes to shed light on three issues in particular: the "cascade" of bank charges, billing services hitherto free, and finally, the establishment of systems of fixed costs "which include some services that consumers do not, "said Christine Lagarde.In an interview with the newspaper Les Echos on Wednesday, she said that instead "regulate all hair, she wants to ensure there is no abuse."I expect the report to the end of June," says she.

On 24 March, three days after the second round of regional elections, Christine Lagarde presented to the National Assembly a new position on the draft law on consumer credit: remove penalties release (charge made if a person makes one or more checks, Ed), "which are a real obstacle for small businesses.

Germany: Christine Lagarde persists and signs

The Minister is also back at RTL on her remarks Monday on the German economic model, stigmatizing the pressure on labor costs for its exports preferred payday loan lenders . "My remarks have been interpreted negatively. While Germany has performed well for ten years.But in such times of crisis, the deficit country must do everything to reduce it, and those of surplus should not be assumed that they are the only engines of growth, "she says.

Less than a week after the lunch meeting between Gordon Brown and Nicolas Sarkozy in London, Christine Lagarde expressed disappointment at the postponement of the adoption of the Directive on hedge funds, and remains "determined that the text completion by late June.

The subject, which should be discussed Tuesday by the Finance Ministers of the Twenty-Seven, was withdrawn from the brink of the agenda by the Spanish Presidency, who chose not to vote on a text in this highly unpleasant state in the United Kingdom.Christine Lagarde will therefore not stop there, and push to revive the issue with determination, even displease its European counterparts.

ALSO READ: "The banks offer rates sharply contrasting

"The online banks do not attract the French" La France has no lesson to give Germany "

Asian stock markets in a fragmented

February 9, 2010 - 2:36 pm Comments Off

Having lost 3% 1% Friday and Monday, the Tokyo Stock Exchange limit its losses Tuesday, but the Nikkei is still under 10,000 points, the Japanese index closed licensor 0.19% to 9932.90 points. The Topix index ends in fall by 0.16% to 881.57 points.

Elsewhere in Asia, Sydney is also down by 0.16% to 4505 points. In contrast, the Stock Exchange of Hong Kong gained 0.35% to 19,586 points, Taiwan, 1.45% to 7361 points, Bombay, 0.56% to 15,992 points and South Korea, 0.39% to 3320 points.

As for currencies, the euro strengthens against the Yen (0.53% to 122.46 yen).

Crude prices are down Tuesday in electronic trading in Asia, in a context of decline in regional stock exchanges and concerns about weak demand for oil in the United States.In morning trading, a barrel of light sweet crude for March delivery retreated 24 cents to 71.65 dollars, while that of Brent North Sea due to identical, yielding 20 cents to 69.91 dollars .

Toyota is again under the spotlight

If the front macroeconomics has been very quiet, the news company has once again been very hot. The Japanese Ministry of Transport has announced that Toyota will recall Prius hybrid cars worldwide because of a brake problem . The Japanese automaker will recall 223,068 cars including hybrids including 199,666 Prius in Japan, according to the Ministry of Transport.

In the process, he announced that Toyota will suspend the sale to Japan of the hybrid models SAI, HS250h Lexus and Prius PHV, and recalled 23,402 of these vehicles.CEO Totota, Akio Toyoda, convened a press conference at 7:30 on the hybrid Prius, affected by a defect in the braking system. The conference "will relate to market measures relating to the braking system," said a spokesman for the constructor.

The Australian company, Resourcehouse specializing in mining coal and iron ore, has signed a mega contract with China Power International for $ 60 billion it has called "the largest contract export "of the country.

Several companies publish their third quarter results: Nissan, Japan Tobacco and Pioneer.

Texas Instruments reduced its losses in late 2009

January 28, 2010 - 8:09 am Comments Off

STMicroelectronics sees his horizon emerge somewhat after a particularly troubled. The results presented in the fourth quarter by the group on Wednesday showed a recovery of its activity at the end of 2009, which remain generally a bad thought. On the quarter, earnings per share are below expectations, however the sales turn out better than expected. Its net sales in the fourth quarter has indeed reached 2.583 billion dollars, up 13.6% from the previous quarter.In one year, the group's net loss was significantly reduced since it has melted by 80%, from $ 366 million in the fourth quarter of 2008, 70 million dollars over the last three months of 2009.

But for all of 2009, net loss of STMicroelectronics reached 1.13 billion or $ -1.29 per share, up 43.9% compared to the loss recorded on the the year 2008. On the whole financial year, its turnover amounted to 8.51 billion dollars, down 13.5% over 2008 free credit report online . Its gross margin in 2009 amounted to 30.9%, against 36.2% in 2008.

Expected decline in sales in first quarter 2010

In 2010, Carlo Bozotti, group general manager, said he was "excited about the many opportunities that await us."According to him, STMicroelectronics began the year with "a solid backlog. He said provision "in the first quarter 2010 a decrease in our revenues between about -7% and -13% compared to fourth quarter 2009, which corresponds to a positive growth of between 35% and 45% relative in the first quarter of 2009. "

As for gross margin of STMicroelectronics, emerged at 37% in the fourth quarter of 2009, as planned, it could grow to 37.5% in first quarter 2010.

In the eyes of analysts, these projections appeared less confident than those revealed yesterday by the U.S. Texas Instruments. Trade-offs could be made this Wednesday, to the detriment of Title STMicroelectronics.

Proglio upsets management of EDF

January 17, 2010 - 4:53 pm Comments Off

Several important changes will occur at the head of EDF. Piquemal Thomas, formerly at Veolia will be the new CFO. He succeeds Daniel Camus, now in charge of major international subsidiaries. The management of production, including nuclear power, for its part should be divided into two: engineering of a part – which would Herv? Machenaud, hitherto responsible for the Asia-Pacific branch – operating in the other. From Dalkia – the joint subsidiary of EDF and Veolia – Michele Bellon should take over from Michel Francony from ERDF, the transmission grid. For its part, Marianne becomes Laigneau HRD delegated. Finally, Andre Merlin will chair the supervisory board of both RTE, the transmission system, and ERDF.

ALSO READ

How will Henri Proglio revive EDF

Bernard Sanan?s a communicant of influence with Proglio EDF