Posts Tagged ‘publications’

Quick attendance down after a suspicious death

February 27, 2011 - 4:32 pm Comments Off

The death of a teenager who ate at Quick in January led to a decline in attendance of fast-food chain, said Sunday its CEO Jacques-Edouard Charret. "The drop in attendance of about 30% of our restaurant Avignon Cap Sud (where the teenager had eaten) remains unchanged since the beginning of the case," he says in an interview in Paris . "On all of our franchisees, we also note a lack of interest, but it is weaker," he says. The fast food chain has more than 350 fast food in France.

"It will take us much time and effort before returning confidence," says the CEO of the sign, which recognizes that "as with any food crisis of this kind, it will take several months before s' in return. "The company also announced Thursday a strengthening of its sanitary measures, with the creation of a quality label, a hardening of the scoring system and better training of its employees and managers free credit score.

Quick had raised some ten days the possibility of a "local fault" in his restaurant in Avignon, in view of the first results of the investigation into the death of the teenager. It has already been established that the death was related to the meals the day before by the young man of 14 years. The prosecutor opened an investigation against X for manslaughter, citing serious breaches of hygiene. The victim's parents have become civil parties.

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Real estate major cities will burn in 2011

February 3, 2011 - 2:20 am Comments Off

Prices of existing homes in Paris and in historic areas of major French cities are expected to grow by over 10% in 2011 compared with 2010, according to the note of real estate market trends released Wednesday by the Notaries of France.

"The market in central Paris and the historic districts of large cities a province, like Lyon, Nantes, Bordeaux and Montpellier, evolve beyond 10%," write the solicitors in this study "An early 2011 dynamic but then what? ". For these scholars, the sharp rise in prices should also continue in 2011 in the small and large crown in Paris but "but with a change of less than 10% over the year."

Fewer transactions in 2011

In the rest of the province, the increase will be more moderate in 2010, ranging between 3% and 5% are forecasting notaries.According to the National Federation of Real Estate (Fnaim estate agents), prices of existing homes in France are expected to rise 3% to 6% this year after increasing last year's average of 1.5% for all land and a record 15.7% in Paris. In 2010, the real estate market has regained its former volumes of the years between 2000 and 2007, from 590,000 sales in 2009 to nearly 800,000, "real estate investment appears more secure than investment in the financial market" , welcome notaries.

However the number of sales in the former is expected to reach in 2011 a sales volume of less than 2010, they say.Indeed, the tax reform proposed by the government "may cause short-term positions and erratic behavior among some owners vendors, with temporary reduction of risk placed on the market and price pressures."

Among the tracks thrown in as part of the reform of taxation on property, the head of state spoke in mid-January the idea of taxing capital gains realized on the sale of a principal residence, up by tax-free. Rising prices continued early in the first quarter of 2011. Based on preliminary contracts (sale agreement), notaries confirm the estimate of their colleagues in Paris at the end of last year, indicating that the average price of apartments in Paris in the first quarter will exceed the 8,000 euros / m2.In the provinces, mainland prices also rise, particularly in Bordeaux and Rennes (+15% yoy), in Nantes and Lyon (5 to 10%), while Lille and Toulouse know in the first quarter of price stable (0-5%).

(With AFP)

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Oil: the situation of the Suez Canal worries

February 1, 2011 - 1:36 am Comments Off

The situation becomes more blurred in Egypt and a barrel of oil rises. On the only day on Friday, the price of a barrel of light sweet crude for March delivery gained 4.32% to 89.34 dollars in New York as they leapt from 2% in London, pushing Brent a hair of $ 100 (99.74 dollars). A threshold has been crossed over from 1 October 2008.

On Monday, the rise continues. In morning trading in Asia, the "light sweet crude gained 37 cents to 89.71 dollars and that of Brent North Sea has appreciated by 18 cents to 99.60 dollars.

The Suez Canal in the heart of the concerns

This rise of prices, after several sessions swales, reflects the fear of the markets to see the routing of oil through the Suez Canal impacted by the events.Since the early disruption, port operations are slow and some employees can no longer reach their workplace. In addition, ships can no longer find in the port of Suez capable of military escorts to protect them while crossing the Gulf of Aden, whose waters are crisscrossed by hackers.

"No ship has been delayed for two days but no responsibility for immigration and customs has come to give permissions for security teams to shipments, said a coordinator of a freight company Suez. Crew changes have also been disrupted and some supplies, like food and water, are no longer transported to the port, "he added.

Nervousness

The situation is even more problematic that about one million barrels per day pass through the Suez Canal.In 2009, the latest data available, more than 34,000 vessels passed through the canal, including nearly 2,700 tankers carrying approximately 29 million tons of crude fast cash advance loan. "There is some nervousness about supply and this could affect Europe more than the U.S.," said Tom Bentz of BNP Paribas.

Now, ships calling at ports in neighboring countries like Turkey or the UAE for their supplies. "If the shipping lanes closed, it will be a detour of 6,000 miles (almost 10,000 kilometers) in order to ensure deliveries," warns Rich Ilczyszyn, Lind-Waldock.

Also concerned about the situation, OPEC said that a "shortage" of oil is possible. The secretary general of the organization, Abdullah El-Badri said, however, that OPEC stands ready to increase production if necessary.

"A blip"

Some observers, however, take the situation into perspective. "Investors are speculating on the situation of the channel but it has very little chance of getting stuck in the light of financial challenges it poses to Egypt," said Djillali Hacid, technical analyst at XTB France. Remarks confirmed by the Egyptian official media said on Monday that the Suez Canal works "full capacity".

"For now, the impact of Egypt on the course is not so huge. This is just an excuse for investors to speed up that takes place from August but stumbled on the psychological threshold of 100 dollars, "adds the analyst XTB.

Evolution of a barrel of Brent since February 2010. Source: XTB France

Cheap laptops: the curious practices of SFR

January 24, 2011 - 4:04 pm Comments Off

This is one black spot of crime figures released Thursday by the Interior Minister. In 2010, violence to persons rose by 2.5%. Stigmatized by Brice Hortefeux, theft of smartphones, mobile phones with these functions close to a real computer that can include access to the Internet. A study of the transport police conducted between February and December 2010 revealed that almost a flight out of two (43.15%) committed with violence in the Paris region transport concern smartphones.

Last September, however, the police prefecture of Paris explained that about 30% of reports of thefts of mobile phones are lying. During the first six months of 2010, she explained that the Paris police had registered some 4,600 complaints of "robbery with violence" of phones.The police discovered, upon investigation, many cases of misrepresentation.

The origin of these complaints, customers often encouraged by their provider to make a false statement of robbery with violence, even if it is a simple theft. Some insurance companies do in fact repay the stolen phone that if the theft was committed with violence.

Criminalize "a big black"

Friday, France Info pointing the finger at particular SFR. The radio has contacted "a dozen" of Parisian boutiques phone operator to know the procedures for theft of mobile. "Almost every time," according to France Info, the seller advised to lie to police and to evoke aggression. And – is it to give weight to the testimony of their clients? – Sellers add some recommendations questionable, "You go to the police, you tell them they were two, they have torn me.I have not seen well, it was great, it was black, he ran fast. I would not be able to recognize. They will not try. " Another adviser proposes criminalizing "a large black", met on the Paris metro line 8 payday loan lenders. Another trick: to appear with a witness who would reinforce the story of the loser.

Interviewed by Agence France-Presse, Vodafone confirmed that it had been reported "cases isolated and unhappy" employees of one of its partners who have advised its clients to make a false statement. The operator also said he "reprinted a note to all of (its) partners to remind them that such practices should not occur and are reprehensible."The risk according to the operator is no longer able to offer insurance to its customers.

6 months imprisonment, a fine of 7500 euros

"The complexity of insurance contracts says consumers are pressured into making false statements," says Benjamin for his part Douri, deputy editor in 60 million consumers, the magazine of the National Consumer Institute (INC ). Some consumers believe they are protected against theft of their equipment before realizing they are only protected if they have experienced violence. Insurance contracts are "riddled with exclusions," the journalist said he was very skeptical about their interest to consumers.

Already in 2009, Catherine Lanson, Director Communication and Quality at SPB, a leading insurance brokers in this market, explained work better explanations for clients.SFR, we recognize that there are "maybe a teaching job to do" on the subject.

The penalty for false theft report is 6 months in prison and 7500 euro fine.

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The CAC 40 fell slightly

January 21, 2011 - 10:29 am Comments Off

In the wake of a meeting of general decline where the CAC 40 dropped below the threshold of 4000 points, the Paris Bourse was hesitant. At the opening, the benchmark index was down 0.10% to 3972.83 points. This morning, the latest statistics released in China have sealed the trend in Asia on stock exchanges. The closing of the day on Wall Street did not show any signs of optimism for this Thursday.

China's gross domestic product (GDP) of China grew faster than expected last quarter of 2010, with an increase of 9.8% annual rate. Over the whole year, Chinese growth was 10.3%. Great concern of the authorities, inflation has moderated somewhat in late with an index of consumer prices up 4.8% in December against 5.1% in November. It reached 3.3% throughout the past year. Slightly more than the 3% target previously set by Beijing.Shortly after these publications, the Asian indices retreated. Inflation, including measures that could be taken to curb worries.

The news is especially rich in statistics. The bond issue will be well attended in Spain. For 0201tats United home resales are known to 14:30 and unemployment claims at 14:30.

The euro continued to grow and can be treated early this morning at 1.348 dollars. The oil is stable, above 91 dollars a barrel.

Accor Featured

As for values, title Accor (-2.09% to 39.02 euros) was heckled, despite the upward revision of its target of operating profit in 2010 after increasing by 11.8% in sales hospitality during the fourth quarter.

According to our information, Dexia (and the Postal Bank should not set up joint venture but will work through the subscription of the first three billion euros of covered bonds issued by the Franco-Belgian bank.

New twist in Renault espionage case (1.13% to 48.78 euros). The third employee was also dismissed complaint. But unlike the two other employees who have turned against Renault, Matthieu Tenenbaum filed a complaint against X.He also refutes having a bank account abroad.

Nuclear-related values will also be at the center of attention following the announcement of the French construction group DCNS naval considering a proposed nuclear submarine reactor small power supply for the islands and isolated regions and some countries development quick payday loan. The EDF group (-0.06%) and Areva (-0.44%) and the Commissariat à l'Energie Atomique (CEA) will participate in the project.A first prototype released in 2016 or 2017.

In addition, Alstom and EDF Energies Nouvelles (balance to 32.76 euros) have signed an exclusive agreement to meet the future bidding on the French construction of offshore wind, they announced Wednesday in a joint statement.

Later publications, the industrial group Alstom (-2.09% to 33.94 euros) on Thursday posted a 10% increase in orders in the first nine months of its fiscal year 2010/2011, to 12.5 billion euros , while its turnover rose 9% to 15.7 billion euros.

In addition, wines and spirits group Remy Cointreau (1.77% to 52.17 euros) achieved a turnover up 18% to 694 million euros over the same period, marked by an acceleration its sales in Asia and some recovery in Europe, according to a statement Thursday.

Kaufman and Broad will publish it and its annual results.

Sanofi-Aventis (-0.39% to 50.56 euros) a second time should extend its takeover offer from Genzyme to allow time to finalize the terms of an agreement that will eventually conclude with the American specialist rare diseases, say experts interviewed by Reuters.

BioMerieux (5.13% to 78.32 euros, the biggest increase DTH) has reported a turnover of organic growth of 4.9% in 2010 and expects an increase in revenues the order of 5 to 6% for the year.

The banking sector remains attentive to the statements of the International Monetary Fund began a series of stress tests on the largest banks in the United Kingdom, Germany and three other European countries at a time when the EU is trying to define terms of its new "stress tests", destined to be tougher than previous ones.

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SNCF wants to reduce its debt as a priority

December 24, 2010 - 9:52 am Comments Off

"Putting the power company …" The direction of the station now grows a term formerly claimed by a management offensive as Valeo at the time chaired the Christmas Goutard automotive supplier.

Wednesday, during its monthly board of directors, the "power" of the railway company was primarily an opportunity to recall the debt at 7.2 billion euros in 2009 and close to 10 billion in 2010 leaves little leeway in its leaders.

For employee representatives, plans to reduce costs envisaged will weaken the company and increase quality of service degraded.A unanimous position of the various unions that have signed on Tuesday a statement they regret a "financial strategy" unacceptable in their eyes "a national public service."

Yet the 2011 budget to the station is in line with previous years. The business plan submitted in July 2010 foresees a reduction in costs of 4 billion euros by 2015, including 500 million euros for the single year 2011.Now the company will face this year to 3.2 billion euros of investments including 2.6 billion on capital in particular to take delivery of its Ile Bombardier and Alstom's TGV Duplex ordered in 2006 and 2007.

1850 posts in less

To stop the progression of its debt, the company should reduce the negative situation of its cash available – 70 million euros in 2011 against – 500 million in 2010. The turnover of the SNCF in 2011 should rise 33.6 billion euros against 30 billion in 2010.

On the employment front, as Guillaume Pepy had mentioned early December, 6350 departures are planned for 2011 while 4500 recruits will be held in parallel, which is equivalent to removing 1,850 positions.Earlier this month, the president of the SNCF said that while overall enrollment shrank in the parent company (employing 155 000 persons), it was thanks to productivity efforts. There is "zero redundancy 'and' zero early retirement" in his words.

A round table on employment must meet in January the company management and unions. It must in particular address the downsizing affecting the freight industry: it has lost 30% of its workforce in four years.

Conforama bought by a South African

December 9, 2010 - 7:00 am Comments Off

PPR Conforama succeeded in selling at high prices. The furniture chain, bought in 1991 to LVMH, will pass under the flag of South Africa. Steinhoff, a manufacturer and distributor of furniture now in England, Germany and Italy, won the auction organized by Rothschild.

Reportedly, the group, advised by RBS, Citigroup and HSBC, had already completed its financing, and set the table a little over 1.6 billion euros. Steinhoff, who was interested in Conforama past two years has outstripped the Carlyle consortium led by the owners of Purpose, associated with the Permira Funds. With the result of this sale, François-Henri Pinault, the CEO of PPR, which also seeks to separate from FNAC and La Redoute, may redeem the clothing brands to build a pole "sport-lifestyle" around Puma.

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The solar face of declining tax credit

October 30, 2010 - 9:56 am Comments Off

A "sharp reduction of the tax credit." With these words qu'Enerplan, the trade association of solar energy which represents 250 companies, denounced the passage of 50% to 25% tax credit granted to individuals for the installation of photovoltaic panels.

More than its entry into force overnight on 29 September is the very announcement of the fall in tax assistance has an impact on solar professionals, says managing director Enerplan " The market has completely stopped. Some of our members who sold tens of photovoltaic kits per week are spent in a week, says Richard Loyer.There is a real loss of consumer confidence in the word of professional who does not know if the tax credit is temporary or if the current feed-in tariffs are likely to fall. "The price of 58 cents per kilowatt hour which EDF must purchase the current was maintained for the individual, but the rates accorded to the "collective photovoltaic (businesses, warehouses, buildings) fell in September. Result for this niche, "there is no project", asserts Richard Loyer. He said banks are reluctant to finance installations because of uncertainty about the rules of the game

"Compensating the crisis"

"Programs have been canceled," says Christopher John, co-manager of Kaori, a small research department of three employees in Avignon.In addition, solar roofing projects exceeding 250 kilowatts peak (kWp) is about 2000 square meters have been revised downwards to switch to the particular category, eligible for redemption at the best price, the contractor finds Avignon. Roland Gard, an electricity company General Valencia was launched two years ago in photovoltaics "to offset the crisis," the requests for quotes have fallen.

However, professionals are not hostile in principle to lower the tax credit no fax pay day loan. This is the case of Damien Tessier, sales manager at Enercos young company of twenty employees based in the Ardeche, specializing exclusively in the photovoltaics. "This is the way to learn the tax measure, the media, without consultation," which has shocked."The sector has grown much faster than expected, says the trade, and prices have fallen." Irrespective of any tax assistance, a facility that cost to the individual € 25 000 three years ago is now up to 16 000 €. The industrial solar panel suppliers have reduced their prices, especially following the decline in tariff for solar electricity in Germany, which has raised concern among German factories overcapacity.

With a 25% tax credit and a spending limit remained unchanged from 16,000 € for a couple, "the individual maximizes her investment in eight years." Finally, given the lower costs, a tax credit of 25% in 2010 is more interesting than a tax credit of 50% two years ago.Richard Loyer confirms that the French professionals drop their prices again in 2011.

The bulk movement of the plane on the tax credit has also to be excluded from the market under the "home sellers" and other "less serious people" who rushed into the "bubble photovoltaic, advanced the Ardèche Tessier not worried about his company that return regularly for new projects. The solar sector employs, according to the census of the Union of renewable energy sources (RES) 25,000 people in France, 8,000 in industry and about 15,000 for installation. André Antolini, president of SRE, and favored a gradual withdrawal of state aid, is fully accepted that "public support for the industry is costly" and that ultimately "an industry does not live properly grants.

Hermes "is not for sale"

October 25, 2010 - 1:12 pm Comments Off

Hermes left his reserve Sunday night. Following the surprise announcement of an equity investment of 14 to 17% of its capital by the world leader in luxury, LVMH, the maker of the famous Kelly bags and silk scarves announced that its family shareholders is, with nearly three-quarters of the capital, a large majority and is "perfectly united."

As a reminder, 72% stake in Hermes is owned by 60 heirs of the founder's family. The management states that its status as a partnership limited by shares permitted to guarantee its independence and ensures that "no plan to sell significant capital" is considered.

Statements that are consistent with those of LVMH.The industry leader, which owns brands such as Vuitton, Givenchy and Kenzo, said Saturday, upon the announcement of his entry into the capital of Hermes, not wanting to take control of famous saddler but wanting to be a " long-term shareholder "and" help preserve the family character and French, which is behind the worldwide success of this iconic brand "low fee payday advance.

The operation is now the largest shareholder of LVMH individual Hermes. This operation comes as the market questioned the group's future, especially since the death in May of his former charismatic leader Jean-Louis Dumas.

The action Hermes jumped nearly 90% since January, and treated Friday night at closing 176.20 euros, valuing the company the sum of staggering 18.6 billion euros, or 46 times earnings expected this year, against 21 on average in the luxury sector and 11 companies lambda.

Stock Exchange on Monday morning, the excitement. Hermes shares climbed 4.54% to close at 184.20 euros, while LVMH shares leapt 6.62% to 117.40 euros.

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Weekend hesitant in Asian markets

October 1, 2010 - 11:00 am Comments Off

For this last day of the week, Asian markets have decided to follow separate paths. Cettte dispersion follows the decline on Wall Street Thursday. U.S. markets experienced another volatile session that led to closing down 0.44%. Macroeconomic announcements, including the decline in the number of registered unemployment and GDP in the second quarter revised upward across the Atlantic, have not reassured. Markets have struggled to collect the announcement of a rating is downgraded from Spain by Moody's. This morning, Asian markets turn to digest the news.

Furthermore, caution must still be as important indicators published in the United States.Include expected income and expenditure survey and construction spending in August, the index of consumer sentiment and manufacturing ISM September.

Deflation continues in Japan

In Japan, investors are excited. The Nikkei started the session on a rise of 0.76% Advent to slow its progression. One hour of closing, the benchmark index of the Tokyo Stock Exchange gained 0.33% to 9400 points. The Topix, meanwhile, lost 0.37% to 826 points.Une good news on the employment front remains the main index in the green: the unemployment rate in the archipelago has slightly decreased to 5 1% in August against 5.2% in July. There were 3.37 million unemployed in August in Japan. Household consumption rose 1.7% in August.

Transportation expenses, which inculent buying car, jumped 8.6%.But adjusted for inflation, this increase is only 0.8%, moderating the Ministry of Internal Affairs. Japan is still a victim of deflation as evidenced by this new lower price by 1% over a year collected in August. Excluding food and energy prices fell 1.5%.

The high cost of the yen, which reinforces the phenomenon and hinders the growth of Japan, is still a central concern of the government. The Prime Minister, Naoto Kan, promised Friday that his team would take decisive steps to halt the rise of the national currency.

Mixed

In China, stock markets in Hong Kong and Shanghai were closed. Side indicators, news, however, is very present. The China Federation of Logistics and Purchasing (CFLP), an organization close to the government, confirmed the development of the PMI manufacturing index, released by HSBC earlier this week.This well marks an acceleration in at $ 53.8 in September against 51.7 in August.

Even trend. In Korea, the loose Kosdaq 0.47%, the S & P lost 0.39% Australian. However, stock markets in India and Pakistan displayed increases of 1.16% and 0.28%.