Posts Tagged ‘business financing’

The Paris markets evolve in a turbulent session

February 2, 2010 - 2:56 pm Comments Off

Opening up, down then up at midmorning. The Cac 40 gained 0.55% now at 3782 points. Asian stock markets were closed Tuesday morning, a sharp increase.

On the macroeconomic front, INSEE publish European surveys monthly and quarterly business survey for January, turnover in wholesale trade and other business services, and retail and personal services for November.

Finally, OSEO organizes an annual press conference on the balance sheet in 2009 and priorities for 2010.

In the euro area, prices of industrial production for the month of December are expected.

Investors will also be attentive to promises of home sales for December and auto sales for the month of January, the United States.

On Monday, U.S. President, Barack Obama, said in its draft budget for 2011 it expects a continuation of unemployment to 10% on average and a 2.7% growth for 2010 against 2% forecast in October, before growth of 3.8% expected in 2011.

Values cars suffer Technicolor climbs

Like the CAC 40, car values, after opening upward, plunged into the red Peugeot, Renault, Michelin lose respectively 0.94% to 23.83 euros, 0.71% to 35.07 euros and 1.14% to 57.38 euros. Michelin has acquired 30% stake in the company Shanghai Michelin Warrior Tire for 18 million euros, lost 0.41% to 57.80 euros.And despite the announcement of Toyota and the increase in registrations in January.

France Telecom (-0.15% to 16.77 euros) has announced the replacement of Didier Lombard by Stephane Richard, on March 1.

Vivendi (-0.33% to 18.34 euros): M6 (M?tropole TV), whose shares gained 1.63% to 19.68 euros, sells 5.1% stake in Canal + France to an amount of 384.2 million euros. The transaction will be effective February 22. In order to strengthen the South American market, Vivendi would negotiate with its counterpart Mexican Televisa to buy a network of 20,000 kilometers of optical fiber sold by the Mexican Commission for electricity for a total of 47 million euros .

EADS (-1.12% to 14.12 euros): Discussions on the financing of the Airbus A400M military formally resumed this week in Berlin after three meetings that have petered out.Representatives of EADS and Airbus as well as seven states that customers aircraft transporting troops and equipment will try, February 4, to find a compromise on sharing the additional costs of the program.

As for publications, sales of Vinci (-0.36% to 38.57 euros) is expected after-hours trade, Gameloft (1.29% to 3.92 euros) will also publish its results for 2009.

Technicolor (formerly Thomson) has signed a partnership contract with Warner Bros., after creditors and shareholders have approved the restructuring plan to reduce debt by 2.8 billion euros to 1.55 billion euros . The action rises from 4% to 1.01 euros.

Poweo (+1.96% at 15.10 euros): Lo?c CAPERAN, Poweo CEO, says in The Tribune on Tuesday that the supplier of electricity and gas French record loss of more than 75 million euros in 2009.

Ford is returning to profit

November 2, 2009 - 8:27 pm Comments Off

After earning the quarterly losses last year and a half, Ford has returned to profit. The U.S. carmaker has presented on Monday a net operating 997 million for the third quarter, earnings per share of 0.29 dollars.

The operating profit of the group stood at 26 cents per share, while analysts expected a loss. At the same time last year, Ford avaiyt presented a net loss of $ 161 million.

The automotive business generated cash flow of $ 1.3 billion over the period. Consequently, the group raised its forecasts.While he expected to be "at least the balance" in 2011, he now feels able to be "solidly profitable" in that horizon.

Around 13 h 50 in electronic trading before the opening of Wall Street, as Ford earned 50 cents, an increase of 7% over its closing price Friday.

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