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The Cac 40 could string together a fourth consecutive session bullish. When a new day begins crucial for Greece, the Paris Bourse continued its prudent mini-rally started Monday – the last three meetings, the Cac 40 gained almost 4%. The index featuring Paris, ironed the day above 3900 points, opened on Thursday, up 0.33% to 3937.26 points. It has long hovered around 3930 points this morning, and won and 0.19% to 3931.70 points in mid-session.

At the London Stock Exchange, the FTSE-100 gained 0.68% to 5895.84 points and the Stock Exchange Frankfurt, the DAX 30 in advance from 0.07% to 7299.52 points.

Yesterday, the Greek Parliament adopted the first two parts of the austerity plan intended to avoid the financial ruin of Greece. This had the effect of propelling the Cac 40 in excess of 3900 points.This afternoon, members of Greek determine in detail the cost-saving measures and privatization to engage in Greece for the next four years. But on Thursday, the progression of CAC 40 may be more limited than ever, after the IMF expressed concern about a failure of the United States.

On the macroeconomic front, several indicators punctuate the trading session:

– After declining 1.4% in April, consumer spending fell again in May by 0.8%.

– The public debt increased by 54.9 billion euros in the first quarter from the end of last year, to $ 1.6461 trillion, or "approximately" 84.5% of GDP (GDP).

For the euro area, a first estimate of inflation in June was announced at 11 am: it has displayed steady at 2.7%.For June, analysts polled by Reuters on average expected a slight acceleration to 2.8%.

Finally, the United States, two statistics will be released today: requests for weekly unemployment benefits (1430) and industrial activity in the Chicago area in June (15.45).

On the corporate side, as since the beginning of the week, bank stocks react positively to approval by the Greek Parliament's austerity plan. BNP Paribas takes 1.21% to 52.63 euros, gaining Natixis 1.82% to 3.41 euros, Societe Generale advance of 1 no faxing pay day loans.03% to 40.23 euros and Credit Agricole rose 0.44% to 10, 21 euros.Yesterday, they gained 1% to 2%.

Carrefour: -1.26% to 27.75 euros; Casino: + 0.03% to 64.62 euros

In the struggle that pitted him against Carrefour in Brazil, Casino raised its stake in the Brazilian distributor Grupo Pao de Acucar by 37% to 43.1%.

In addition, the Colombian subsidiary of Casino, Exito, will conduct a capital increase of $ 1.4 billion to buy the Uruguayan subsidiary of Casino for $ 746 million.

LVMH yielded 0.49% to 121.90 euros shortly after noon.The European Commission approved Thursday the French luxury group LVMH, headed by businessman Bernard Arnault, to take control of the Italian jeweler Bulgari-watch, considering that the transaction would not raise competition concerns in Europe.

Pernod Ricard: -0.29% to 67.96 euros

The world number two wine and spirits sells its shares in Georgian society Georgian Wine and Spirits, an operation that involves small amounts according to a spokesman for the world's second largest wine and spirits.

EADS: -0.33% to 22.9 euros

The airline American Airlines is negotiating with the European aerospace group Airbus and Boeing to purchase at least 250 aircraft, an order worth approximately $ 15 billion, according to the Wall Street Journal.

Axa: + 1.05% to 15.42 euros

The insurer will invest 500 million euros in its partnership with the Chinese bank ICBC over the next 5 years.

Gecina: + 0.02% to 95.54 euros

The land was made yesterday two new asset sales, with the amount of its trade-offs to 559 million euros at end June

EuropaCorp: + 2.85% to 3.97 euros

The company production and distribution film Luc Besson has suffered a net loss of 30.2% million for the year ending March 2010 to 2011.

Groupe Partouche (0.75% to 2.67 euros) recorded in the first half of its 2010/2011 financial year lagged net income down more than 30%.

Beneteau (2.27% to 14.87 euros) will publish its revenue for the third quarter after the close of trading.

The tension escalates between Carrefour and Casino in Brazil. While the first confirmed on Tuesday had "received a proposal from major strategic partnership in Brazil," he sharply replied Casino "power to oppose this project."

Gama Brazilian society had proposed to merge the Carrefour group's Brazilian assets with those of the French retailer CBD group Grupo Pão de Açúcar (GPA). They thus constitute an equally owned company. CBD had previously merged with Gama.

But the case is the most sensitive.Right in the legal showdown with Carrefour, Casino contests this possible merger with CBD, "it is the largest shareholder, which it provides the co-control with Abilio Diniz and which it acquired in 2005 from Abilio Diniz and his family the right to become the sole controlling shareholder in 2012, "says the company in a statement issued in the wake and that sounds like a declaration of war.

The group Etienne, who now owns 37% of GPA, is indeed bound by a shareholders' agreement with the businessman Abilio Diniz, who owns shares in the holding company of GPA. Their agreement provides that neither party can negotiate a development project with a third party without the consent of the other. In late May, took the Casino Chamber of Commerce to arbitrate the case.

Referring to "a material financial transactions and prepared for a long time illegally by Abilio Diniz and Carrefour" and "illegal and secret negotiations," Casino accuse both parties have "ignore [d] deliberately both the law and ethics elementary. "

"Casino will consider in the coming days how to best defend the corporate interests of CBD and its shareholders that seems compromised by this project very complex and financial," says Casino, recalling that "it has the power s to oppose this project in terms of existing agreements and that no negotiations on the future of CBD can not be conducted without his consent and without prior discussion of this project to the Board of Wilkes, holding control of CBD. "

Clear benefits for Carrefour

Brazil is a strategic market for the two French groups, "the third world market in terms of food expenditure" the statement said Carrefour there realizes 12 low fee pay day loans.3% of sales. If the proposal is accepted Gama, the new joint venture would represent "the main actor in the distribution in Brazil," said Carrefour.Its turnover pro-forma is estimated at over 30 billion euros for 2011.

Gama has in turn shown to benefit from a capital investment of 2 billion and funding of 500 million euros.

"The benefits of the transaction are clear to Carrefour," noted analysts at Natixis, "the benefit to his credit in Brazil, which leaves just one major accounting scandal, the expertise of CBD; gain size of a key market , realize significant synergies with CBD and strengthen its long-term shareholders. "

Gama: up 6% stake in Carrefour

After OPERATON, Gama become a shareholder of the French distributor. The Brazilian could acquire additional shares Carrefour market of up to 6% stake in Carrefour.It would be represented by two members to the board of the French group, whose vice president, and three from 2013.

"Gama sign a shareholders' agreement and act in concert with Blue Capital LLC, Colony Blue Investor LLC, and Groupe Arnault SAS, which now jointly hold 14.1% of the capital and 20.2% of the voting rights of Carrefour , "the statement said. Together they would hold up to 30% of share capital and voting rights of Carrefour.

The board of Carrefour will meet in the coming days to discuss the proposal of Gama. Following this announcement, the Carrefour share jumped by more than 3% to 27.250 euros, while the title unscrews Casino: it yields about 5% to 62.63 euros.The CAC 40 in advance for its share of 1.08%.

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The finance ministers of the euro area are mobilizing to prevent a collapse of Greece. The central bankers in the eurozone have defined the conditions of payment of a further tranche of loans in July, this aid is part of the first plan in support of Greece to 110 billion euros in loans over three years promised last year by the Europeans and the IMF, but the payment was a time been questioned. But the finance ministers of the euro area indicate that the release of the loan must be accompanied by the vote of a new plan of austerity and privatization by the Greek Parliament. "To make the decision (on the disbursement of loans) in early July, we will need to have the decision of the Greek Parliament" in terms of austerity and privatization, said the Belgian Finance Minister Didier Reynders.And Athens has no choice because without this loan the country, faced with deadlines refinancing risk bankruptcy next month.

In the longer term, the ministers also laid the groundwork for a new plan. In fact, new support is essential to Greece to avoid bankruptcy in the longer term, the foreground is revealing enough. And this time, the private sector should be involved. Banks and other private creditors and participate in this new plan free instant credit score. However the contours of that plan remains to be defined.

"The ministers agreed that the additional funding required will be financed both by official and private sources" indicate the ministers in their statement.They "welcomed the goal of voluntary involvement of the private sector in the form of roll-overs informal and voluntary debt Greek existing mature," he added. The "debt roll-over" means, in financial jargon, the fact that creditors when loans mature, replace them with others of a similar amount. Ministers stress that this operation should be a contribution "substantial" in the Greek program "and avoid a default (of payment) selective" in the country.

Small flat, the "main parameters of a new funding strategy clear" should be defined "by early July," indicate the ministers.While they had initial aim "to discuss the participation of private creditors," stated Jean-Claude Juncker, adding "the question is" how far it can and must go. "

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The standoff between Lactalis and Leclerc continues. The retail giant refuses to pass on higher rates charged by the number one dairy. Result: Lactalis not book any more of its brands to stores Leclerc. The first cheese world requires a tariff increase of 11% to pass higher milk prices upstream, or the revisions granted by the distributor are nearly 4%.

Michel-Edouard Leclerc judge price increases requested by Lactalis "excessive," what Lactalis contends that the attitude of Leclerc is "unacceptable." The dialogue between the two groups seems a dead end. Especially as the CEO of Leclerc says the lack of Lactalis products ranging from milk to mozzarella Lactel Galbani, through brands of cheese and butter President, Bridel, Ruby or Company, does not affect the right walking group.The first sign of distribution in France also argues that Lactalis continues to provide a mark of distributors for nearly 250 million euros in business volume, says Les Echos.

The conflict with L'Oreal ended

But Lactalis is not alone in its struggle against the sign, the milk producers themselves have shown this Tuesday at the Paris headquarters of the distribution group to the call of the National Federation of Milk Producers (NPFL) high risk personal loans. In his blog, Eric de La Chesnais, note that the NPFL, the milk industry FNSEA, the main French farmers 'union, "has made contact with the various brands' distribution to explain" the importance of taking into account Higher prices for raw materials. " Producers have obtained, in principle, a meeting with the distributor. A date remains to be determined.

And for the same reasons, some products Ricard no longer appear in store shelves Leclerc, reports Les Echos. After a previous crisis in 2009, Leclerc refuses to pass the rate increases required by the group of wines and spirits. Only one-liter bottle of Ricard continues to be delivered because Ricard obtained for the product to appeal, an increase of 3% of the price.

Earlier this year, L'Oreal was also in conflict with the sign but an agreement was reached.

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It is the purpose and method to achieve this. Tuesday, meeting in camera the prefects of all departments, the Interior Minister, Claude Gueant, set the level to which must be reduced legal immigration in France. "We must collectively work towards halving the cards of employees," he said, adding that "the government's objective is to reduce over the coming year, the flow of legal immigration to 20,000 titles. The minister, in the wake, sent a circular to his prefects that Le Figaro was able to procure. Co-written with Xavier Bertrand, Minister of Labour, the paper on "immigration control work" provides a new interpretative framework for granting or denying a permit to reside outside its national territory under the status of worker.

"Given the impact on employment in one of the most severe economic crises in history," write the ministers must now focus on "a qualitative approach and selective." "Priority must be given to the employability of job seekers here today, whether French or foreign nationality residing legally in France, they take care to specify.

Vigilance

Follows a catalog of requirements for being awarded a work permit, draconian, especially if the applicant is not qualified. "These guidelines are intended in particular to protect migrants against all forms of exploitation," hasten to state ministers.

Thus, the systematic refusal to be the employer who will on behalf of an employee apply for work authorization when that employer will not show "the necessary guarantees to attract and accommodate" a foreign worker. Even negative outcome if the employer has failed once labor laws. The warden will also check the "real existence" of the corporate employer. It will be denied his requests for the least fault. Especially if it has not conducted a "search effective" in its "employment pool" before resorting to foreign labor news. "This research is mandatory," the ministers insist that invite prefects to be vigilant when a student asks to go abroad as professional status.Too many frauds have been identified for overqualified candidates relating to the job.

Tuesday, Claude Gueant assured before his prefects: "Our economy is not a vital need for labor migration in all areas." And he cited the example of the masons. He said "Last year, 730 foreign builders have entered the territory, yet he says, when employment center broadcasts 20 jobs from builders, there are 100 applicants who apply these in France. We can make the same argument for many other businesses, including sectors like IT. "Under these circumstances, the minister concluded" the common sense to give priority to job-seekers already present in France, whether French or foreign nationality.And justice recommends to ensure their working conditions and pay. "

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The mood is sullen at the Paris stock exchange after the sharp declines seen the day before (the CAC 40 fell 1.31% and fell below 4050 points). On Thursday, the benchmark index of the Paris Bourse lost 0.95% to 4004.87 points at closing and narrowly saves the technical threshold of 4000 points.

Same trend elsewhere in Europe. London's FTSE was down 1.07% at 5919.98 points and the Dax was down 0.04% to 7376.96 points. Both indices had suffered the heaviest losses the Cac yesterday.

On the foreign exchange market, the euro lost ground after the ECB, which met in Helsinki, has decided to keep interest rates unchanged at 1.25%. The single currency traded at 1.4599 euros (-1.54%) after again exceeded $ 1.49 during the meeting Wednesday.Furthermore, oil inventories surged against all odds, which gave the lead in using oil, which fell below $ 110 in New York yesterday, which always move in the fall on Thursday.

Bad news on the employment front U.S.

Statistical side to follow on Thursday: orders to German manufacturers have accused their first decline in March of this year, falling by 4% over the month as analysts awaited a stagnation, according to figures released Thursday by the Ministry of Economy.

In the U.S., nonfarm productivity rose more than expected in the first quarter, while unit labor costs has rebounded more strongly than expected, according to preliminary data released Thursday by the U.S. Department of Labor.Productivity, which measures hourly output per employee grew at an annual rate of 1.6% over the period January-March after rising 2.9% (revised from 2.6%) in the previous quarter. Over the period, the unit cost of labor has on his side rebounded 1.0% after having fallen by 1.0% (revised from -0.6%) over the last three months of 2010. Analysts had forecast an increase of 0.8% in the first quarter.

In addition, new jobless claims in the United States rose dramatically during the last week of April. The employment figures that will fall tomorrow, Friday, are eagerly awaited.Yesterday, investors learned that ADP figures have reported a creation 179,000 jobs in April, less than expected.

Societe Generale falling, Carrefour sentence

Side values, a publication of rain is still falling on Thursday including the quarterly results disappointing Societe Generale, driving down the stock price of 4.98% to 43.25 euros, lead the CAC.

After the excellent figures given yesterday by BNP Paribas (-0.13% to 53.98 euros), the first bank in Europe, SocGen announced a net profit of 916 million euros in the first quarter, down from 13, 8% over the same period of 2010 attributed to an accounting effect related to the revaluation of its own debt.

Also at sentencing, the retail group Carrefour (-1.93% to 31 euros), which announced Thursday the departure of its Executive Director James McCann France and the postponement of a controversial quotation of its real estate subsidiary, but maintained its draft rate 100% subsidiary of Dia and its financial targets for 2011.

Lafarge (-0.95% to 45.24) reveals a net loss of 29 million euros in the first three months of the year for a turnover up 9% to 3.55 billion euros .

Legrand (-2.51% to 29.69 euros) in the first quarter increased 13.7% in sales and 41.2% of its net profit, thanks to emerging markets and new market segments which the group has made a priority, which has confirmed its annual targets.

Bureau Veritas (-0.10% to 58.25 euros) confirmed anticipate strong growth in its turnover and adjusted operating profit this year after an increase of 23.2% of its activity in the first quarter .

Axa (+0.20% to 15.02 euros) expressed confidence in improving its profitability despite a drop of 2% of its turnover in the first quarter to 27.92 billion euros.

Maurel & Prom, Arkema and Capgemini climb

The independent oil company Maurel & Prom announced Thursday want to split and rate of its independent subsidiary in Nigeria, whose shares will be distributed to the shareholders in proportion to their participation in the group. The action takes off from 4.41% to 14.68 euros this morning.

Arkema (7.02% to 73.49 euros).The net profit quadrupled to 151 million euros and EBITDA (EBITDA) reached 17% of sales through an increase much higher than the market.This puts us among the best chemists.

The French group Capgemini consulting and information services (+0.19% at 40.58 euros) saw sales increase by 14.5% in first quarter 2011 to 2.3 billion euros and confirmed its objectives of achieving a growth in turnover of between 9 and 10% for the year.

The producer of wines and spirits, Pernod Ricard (1.94% to 68.28 euros) Thursday announced an increase in its turnover in the third quarter and confirmed its targets for its entire fiscal year (July 2010 – June 2011).

Air Liquide (0.56% to 97.58 euros) wants equity for the premium

Its CEO said he was open to the principle of paying a bonus to employees in case of dividend increase, provided to maintain the equity in a group with more than three-quarters of the members are outside France.

Alstom: -0.90% to 42.24 euros Moody's raised its outlook on the Baa1 rating on the group stable, negative cons.

Total: -1.41% to 41.17 euros, GDF Suez: -0.77% to 26.48 euros a parliamentary commission on Wednesday passed a bill to ban UMP in France in the exploration and exploitation of unconventional oil, gas and oil shale.

Michelin (-0.69% to 66.05 euros) announced an increase in the price of its truck tires, civil engineering, public works, agricultural and handling in Europe to meet the continually rising cost of raw materials.

TF1 (-2.01% to 12.41 euros), which has suffered several setbacks during the hearing last month, decided to appoint a new program director, Jean-François Lancelier, which takes the place of Laurent Storch .

The French chemicals group Rhodia (+0.37% at 31.59 euros) on Thursday posted a net profit of 151 million euros in the first quarter more than doubled over one year and raised its profitability target for 2011 , to become a recurring gross operating profit of "more than 1 billion euros."

Veolia Environnement (+0.52% at 22.26 euros) on Thursday posted a turnover up 11.3% in the first quarter thanks in particular to the resumption of its activities in the waste.

Mr. Bricolage (-0.57% to 13.97 euros) confirmed its targets for 2011 after publishing a stable turnover in the first quarter to 135.2 million euros.

Gifi (2.43% to 76.20 euros) registered a growth of 5.2% of its turnover for the first half of its fiscal year 2010-2011, to 351.3 million euros.The turnover of the group's second fiscal quarter ended March 31 rose 7.5% to 139.1 million euros.

Cegedim (+0.35% at 42.50 euros) has reported a sales increase of 2.9% as reported to 211.5 million euros, but down 1.4% comparable data available, and maintained its target of 4% growth in turnover for 2011.

The food group Bonduelle (0.72% to 68.60 euros), specializing in vegetables, posted a rise in its turnover for the third quarter from 14.6% to 421.6 million euros thanks to an improvement in consumption, particularly in eastern Europe, according to a statement.

Union leaders had expected that the 1 May 2011 be a little raw. It is clear they have struggled to mobilize. In Paris, the procession was attended by 12,000 people Sunday, against 21,000 in 2010, told AFP the police headquarters. Organizers say 30,000 people joined them.

The secretary general of the CFDT Francois Chereque was present at the head of the cortege left shortly before 15 hours instead of the Republic, like that of Luke Berille UNSA and FSU Secretary General Bernadette Groison. The general secretary Bernard Thibault of the CGT, which was also manifest, was ultimately unable to move "because of major back problems," said his entourage told reporters.

Leaders of the Left also participated in the parade: Francois Hollande Olivier Besancenot through Eva Joly, Jean-Luc Melenchon or Marie-George Buffet.The spokesman of the Socialist Party, Benoît Hamon, the number two party, Harlem Desir, or members Bruno Le Roux, Sandrine Mazetier and President of the Ile-de-France, Jean-Paul Huchon were also behind the banner PS.

The leader of the Socialist Party, Martine Aubry, has, meanwhile, marched in Lille. "We do not have to be in the streets to celebrate International Labour Day," said the first secretary of the PS about the sparse parades, saying that employees would demonstrate "in 2012 at the ballot box."

Attendance was up for the parade FN

In the regions, the mobilization was also low.In Marseille, among 2000 people by 5000 according to police and organizers, marched through the streets between 1200 and 3500 people in Toulouse between 2200 and 3300 in Lyon, between 2200 and 3000 in Bordeaux between 1200 and 3000 in Strasbourg between 700 and 1000 in Lille and between 450 and 1000 in Rennes my credit score.

It was also shown to Pau (800 to 1200), in Angoulême (500), Besancon (500 to 1000), Brest (250 to 300), Nancy (700 people according to the unions) and as at Dunkirk, in Orléans and Caen.

These figures were more than expected from a trade union unity has disintegrated somewhat. "The character of this holiday is both less said, the day falls on a Sunday," observes Marcel Grignard, number two of the CFDT.In 2009 the protesters were much more likely because of the crisis, and in 2010 the fear of the pension reform, just before its unveiling, had been a factor in turnout.

On the other hand, the parade of Marine Le Pen Paris, focusing on the workers and popular classes, has mobilized more than expected among 3200 people according to police and 20,000 according to the FN (against 2000 and 8000 according to the police according to the FN last year).

"May 1st, we are the popes of the earth"

Besides purchasing power – the secretary general of the CFDT, Francois Chereque, called on Europe 1 radio on Sunday increased the minimum wage beyond the 2% rise tentatively scheduled on July 1 – the themes that defended Unions are talking years' support for the Arab peoples who rise to the dignity and freedom, "and" equal rights "between French and foreign workers in response to" national preference "advocated by the National Front , a rise in the opinion polls.

Winks comedy peppered some processions. "May 1st, we are the popes of the earth", alluding to the beatification of John Paul II. But also slogans in opposition to the FN, as in Rennes' French workers, immigrants, same bosses, same battles. "

The player has to use default in the articles of figaro.fr.maj1

In real estate, Paris is not France. So goes the refrain sung Thursday by the Higher Council of Notaries. In the capital, in fact, prices never stop rising. Last year, the increase was 17.5% and per square meter was worth, on average, 7330 euros in old housing. The boom continued in early 2011. "From December 2010 to February 2011, prices rose 5.2%, says Mr. Thierry Delesalle, president of the real estate commission of notaries in the Ile-de-France. In twelve month rolling period, from June 2010 to June 2011, we will not be far from the 20% increase. "Soon, the ceiling of 8,000 euros per square meter in Paris will be reached.

Relying on the promises of sales in the first quarter of 2011 signed, notaries believe the square meter in Paris will average 8,028 euros in June. This will rise to 15,500 euros in even the most expensive neighborhood in the capital, the Champs-Elysees.And this movement does not seem ready to break if we are to judge by the large number of transactions: first quarter in Ile-de-France, they rose 16%.

Click on the thumbnail to enlarge the graphic.

Fewer foreigners in Paris

Contrary to popular belief, foreigners are not responsible for the rampant price increases because they are less active than before the Paris market: last year, they accounted for 6.5% of buyers against 7.6% in 2009. The result? "We should see the price differences widen between areas traditionally preferred properties such as Paris and those economically disadvantaged in which a decrease has already been committed," said Pierre Bazaille, president of the Institute for Notarial real estate guaranteed online payday loans. In fact, in the province, the changes are more chaotic.Overall, prices have also increased but less dramatically than in Paris. They set up in 2010 by 4.7% for older apartments and 10% for houses. But since early this year, the situation is contrasted by areas or cities.

In Lille, for example, home prices fell 6% to 170,000 euros on average in Bordeaux, one of the apartments has decreased by 1%. Less than 3% also for apartments in Rennes, where the square meter is now worth 2212 euros. On the other hand, for apartments, in Brest, the price per square foot rose by 7% to 1527 euros per square meter. The increase is more limited but very real (+3%) in Lyon, where the square meter is 3102 euros.

Difficult, with that, whether property prices will rise or decline this year in France. According to Mr. Pierre Bazaille, the trend towards a higher but moderate (between 0 and 3%).A development that will depend on exogenous factors such as rising interest rates on mortgages or advertisements referring to the SP in its program the rent freeze.

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Whether employers or unions, the measure does not satisfy anybody! As for companies with more than 50 employees, there is consternation: the premium required will be "a further complication for companies that create jobs in France", do we denounce the MEDEF. Where there is no lack of argument: "Businesses from 50 to 500 people are those shareholders who need to grow, it is firms that are missing in France, it is companies that need capital to pay."

The president of CroissancePlus Frederick Bedin, think "good on the merits, not the property on the form" of the measure, which denotes him as a "simplistic view of the company." It would be far "more beneficial for the development of growth, the State engages in a genuine and lasting reduction of payroll taxes, which would favor an increase in net wages of employees."

Conversely, in smaller companies, where the premium will not be binding, but rather relief. CGPME even speaks of "good news" while deploring that "a small business of 51 employees distributed dividends is subject to the same constraints as a global company in the CAC 40!".

As usual, the unions showed their displeasure – with varying degrees of virulence, however. Francois Chereque, secretary general of the CFDT, called a "mistake" the principle of a mandatory premium in large firms, certain that it would "divide the employees, limiting wage increases, and constitute a" gift, a windfall "to the employers who receive relief cash advance. His counterpart at FOR, Jean-Claude Mailly, spoke of a "announcement effect", lamenting a "gas factory" even though "full of employees will have nothing.""The smartest bosses may repurchase shares to avoid n'augmentent dividends," he said on LCI.

"No obligation of result"

CGT denounced "improvisation" and "attempts electioneering" government facing a "real problem of purchasing power." She also regrets that there is "no obligation of result" of negotiations.

The CFTC has "welcomed" the Government's concern for an "equitable sharing of the wealth produced in the business," but hoped that "all companies" are concerned. As for the CFE-CGC, she has "taken note of the will" of the government, preventing it deems appropriate time the effects of this "yet another mechanism that can be used to plug the holes in the racket of sharing value added. " He concluded: "Nothing replaces the perennial wage measures".

The success of touch pads for the first time contributes to the decline in sales of computers. That is what the preliminary results of a study conducted by Gartner. The global PC market was 84.3 million units in the first quarter 2011, down 1.1% over the same period last year. These figures show a decline in sales of computers, first for 18 months. And this, when Gartner expected a rise of 3% for the first quarter of 2011.

"The low prices of consumer computers, which had long sustained growth, failed to attract buyers. Consumers have turned to the shelves and other multimedia devices in place, "says the study report, Gartner analyst, Mikako Kitagawa, noting however that the business market can limit the overall decline."With the launch of the iPad 2 in February, consumers turned to the purchase of alternative devices, or have simply chosen to buy a computer. We are studying whether this trend will have a long-term effect on the PC market. "

Declining sales due to currency

The general downward trend is however subject to disparities. If the European and Middle East is showing the first signs of decline "since the end of the recession in the fourth quarter of 2009, computer sales in Asia were up by 4.1% with 28.2 million computers for the first quarter of this year. Japan, devastated by the earthquake and tsunami of March 11, recorded the biggest drop in sales with -13 no fax needed payday loans.1% with only 4 million computers sold. In contrast, sales of computers in the Asia-Pacific are still growing.The Latin American market shows him the strongest momentum with an increase of 5.4% to 8.1 million units.

A lifetime of computers longer

"The consequences of events in the Middle East and Japan do not directly affect sales, but still a factor influencing the market in the short term, the findings by Gartner joins Jay Chou, senior analyst firm IDC Worldwide. "However, good quality computer products have become a reality today, with the advent of laptops, and more recently, multimedia tablet," he said in a statement. Bob O'Donnell, IDC wordlwide, is more reserved: "It is tempting to attribute the entire decline (the market) to the development of multimedia tablet, but we believe that other factors such as life longer PCs have had roles as important. "

Over the full year, Gartner predicts that sales of computers continue to "support" from their 2010 level. The upgrading of computer equipment should make it possible to support the market until late this year or early 2012.

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