Posts Tagged ‘small’

Ministries very generous with their staff

June 27, 2011 - 11:52 am Comments Off

This is the axis of the policies of Nicolas Sarkozy: officials fewer but better paid. In principle, state officials are granted wage increases in half of the savings generated by the non-replacement of retiring in two in their own departments. Problem: once again, this rule was not followed in 2010.

According to the rapporteur UMP budget to the Assembly, Gilles Carrez, it is actually two-thirds (67.3%) of savings were spent on categorical measures. Specifically, the 31,013 job cuts in 2010 were 808 million savings to the state. But 544 million is left up wages.

Results vary from one department to another. The rate of return to public officials is low for Foreign Affairs (42%), Agriculture (41%), Education (37%) and consistent with the defense (54%).However, it exceeds the target for the Budget, the Economy (64%) or culture (68%). Worse, wage increases were higher than the economies of Ecology (24.7 million against 21.9 million), Labour (16.3 million against 13.9 million) and especially the Interior (149 million against 116 million)! Gilles Carrez even noted that the departments that make the least effort on their staff are often those where economies are most reassigned officers cash advance no faxing.

Good and bad students

Example: "Culture is the department in which the application of the rule of one in two is less strict, while the cost of measures categorical 68% savings." Conversely, "the ministries for which the rule is stricter, such as Foreign Affairs, Agriculture and Health, are those for which the categorical measures are less than 50%. "In short, there are good and bad students. These slips will pay dearly as they explain the fact that retirements have been less than expected, the increase in the payroll of the state in 2010. The latter (82 billion) grew by 0.7%. To achieve its goal of reducing by 2012 the state will give less to their agents …

The Court of Auditors in a report that pointed the slippage of the wage bill, advocated a strict framework for categorical measures and a freeze of the index point (which is the basis for the remuneration of officials) until 2013 included.

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Sudden drop in oil prices

June 25, 2011 - 9:12 pm Comments Off

Panic blew the oil markets on Thursday. On the New York Mercantile Exchange (Nymex), a barrel of "light sweet crude" for delivery in August finished at 91.02 dollars, down 4.39 dollars compared to the previous day. In London, the IntercontinentalExchange, the price of Brent North Sea with identical maturity tumbled 6.81 dollars even at 107.40 dollars to 21 hours.

In New York, the courts have even touched 89.69 dollars in session, their lowest level since Feb. 21. In London, a barrel of Brent North Sea crude for August delivery fell to 105.72 dollars, its lowest level since May 6

The backlash follows the decision of the International Atomic Energy Agency (IEA) to use its strategic reserves to bring to market 60 million barrels of oil. The idea is to compensate for the cessation of Libyan exports.According to the Agency, the events in Libya have deprived the market in late May of 132 million barrels of crude oil and "the further tightening of the oil market" resulting "risk of jeopardizing the fragile global economic recovery," says a statement.

The United States is "ready to do more if necessary"

Specifically, the 28 member countries of the IEA will release market two million barrels per day over a period of thirty days. A level which could be reviewed according to changing circumstances.

The United States will participate in this effort up to 50%, 30% for European countries and Asian countries for 20%, explained the executive director of the IEA, Nobuo Tanaka. The U.S. Department of Energy confirmed that it would draw 30 million barrels in reserves, currently at a "historically high" of 727 million barrels."The United States is prepared to do more if necessary to address this problem," the same official said on condition of anonymity, noting that an evaluation of current measures would be carried out after a month.

For his part, "France will contribute in proportion to its consumption, or 3.2 million barrels, equivalent to about 2% of French strategic stocks," said in another statement the Minister of Energy Eric Besson .

Surprise

For investors, this intervention is a real surprise. "It was mentioned last week in the markets but it was not included in the exchange, said an analyst at Saxo Bank personal loans for people with bad credit. No one expected that such action is taken now, it's very rare, "he adds.This is actually the third time in the history of the IEA, created after the 1973 oil crisis, that such action is taken. The members of the organization had already put to their stockpiles after the invasion of Kuwait and Iraq in 1990 after Hurricane Katrina that struck the United States in 2005.

This exceptional measure of the IEA should have the effect of increasing the available supply in the markets. It comes after the announcement Wednesday by U.S. Agency for Energy Information, a stronger-than-expected weekly oil stocks. "The IEA seeks to defuse the situation to avoid a price rise when the summer travel season approaches," says one at Saxo Bank. This announcement also appears as a response of industrialized countries to the failure of the meeting of OPEC countries in Vienna on June 8.The latter had failed to agree on an increase in their production quotas to slow the rise in prices.

Morose context

The announcement of the IEA is also grafted to a more worrisome macroeconomic environment for the oil markets. The U.S. central bank lowered its growth forecast Wednesday for the United States, she sees now under 3% for 2011 and increased its forecast for unemployment. Thursday, the idea of ​​a slowdown of the U.S. economy was confirmed with the announcement of an unexpected rise in jobless claims last week in the leading consumer of oil. In China also, the index of HSBC measuring manufacturing activity fell in June to its lowest level in eleven months.

"Wherever you look, it appears that growth is slowing," summed up Phil Flynn of PFG Best."This bodes ill for energy demand: this suggests that the measures taken by the Chinese government to slow the economy may be working too well, especially in a slowing U.S. economy and difficulties in the euro area "he added. In this atmosphere, "if there is a rebound, it will not be exceptional. It should not exceed 100 dollars. But instead we see prices stabilize at 90-95 dollars, "warns Saxo Bank.

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The CAC 40 saves 4000 points

May 6, 2011 - 5:44 am Comments Off

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.

Fashion Show May 1: unions have mobilized some

May 1, 2011 - 7:32 pm Comments Off

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

Real Estate: Paris exceed 8,000 euros per m² in June

April 29, 2011 - 1:44 pm Comments Off

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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Many candidates to buy Galliano

April 13, 2011 - 3:16 pm Comments Off

Upon landing a plane in Los Angeles on Sunday night, John Galliano was insulted by a photographer. Accused of making racist and anti-Semitic in Paris in February under the influence of alcohol, dismissed from his job at Dior, the fashion designer is not about rehabilitation. Many uncertainties about the future also the eponymous designer's own label. And yet, Christian Dior, who had acquired 87% stake for 17 million euros in 2008, has received several expressions of interest from candidates for its redemption.

Unsolicited proposals

The luxury goods group Bernard Arnault took a majority stake in the house when the designer John Galliano was appointed at Dior and Givenchy.No sales processes in good and due form has been launched, but a lawyer has been instructed to consider unsolicited proposals.

Among the interested buyers are some of the brand partners. First and foremost there is the Italian Perfume holding company which produces and distributes fragrances Galliano licensed, and would be ready to redeem all of the brand. Despite the disruptions media, he knows a great success with the women I speak of love, launched last fall.

Other signs of interest emanating from shareholders funds of another partner of Galliano, the Italian industrialist Ittierre, which makes the second line of ready-to-wear Galliano.The investment fund buyers to the brand Gianfranco Ferre and Chinese applicants would also manifest.

Sales are resistant

So many vocations to buy a house whose founder is facing a scandal? In fact, business could hardly have been affected by the controversy, except the U.S., where the brand has little presence, and Great Britain. In Asia, Russia and Middle East sales up well. The sales would have even increased in March compared to last year! In 2009, the John Galliano had achieved a turnover of 14 million euros, together with a heavy net loss of $ 5 million fast cash advance. It would have been close to balance in 2010.

Its collections midrange meet the demand of a young clientele in emerging markets, more affordable alternative to the big names in luxury.In addition, buyers can expect savings from the end of the contract of British designer, whose team took over, and reducing the cost of running at high performance due to the star so far. What return on their investment, through a central light, relying on external partners. The company employs forty people. Only outstanding issue, the personal involvement of John Galliano, which owns 8% of the capital.

Very busy, Christian Dior has yet to decide to freeze any negotiations pending resolution of legal proceedings against his former creator. A hearing is scheduled May 12The group therefore preferred to pass a few months to study its options calmly.

At Dior, the search for a replacement takes time

Bernard Arnault announced recently that the estate of John Galliano at Dior take time, giving the lie to rumors on ready-made solutions. Meanwhile, the workshops are already working on preparations for the haute couture collection, which will be presented in early July and will therefore likely not signed by the new designer. The group gives time for reflection and appears ready to turn the page creators stars. It has been found through surveys that the public showed a certain distance with respect to this notion. Asked about the name of the stylist in charge of Dior, the majority answered … Christian Dior (died 1957), Karl Lagerfeld (Chanel) by John Galliano.All options are under consideration.

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Agricultural prices in G20 tracks antivolatilité

April 5, 2011 - 12:12 am Comments Off

Highly anticipated, the preliminary report on the volatility of agricultural prices, including Le Figaro has obtained a copy was given to the French presidency of the G20, for the meeting of Agriculture Ministers of 22 and 23 June This paper of forty pages coordinated by FAO and the OECD – which also contributed seven other international institutions like the IMF, the World Bank and WTO – analyzes the volatility of current price and features nine tracks for remedy.

"The volatility of agricultural prices was greater during the decade of the 2000s than during the two decades that preceded it. This is particularly true price of rice and wheat over the period 2006-2010, the report acknowledged. But they relativize the outset. "In the long term, there is no evidence that volatility in international prices of agricultural commodities is now rising," assure the experts.

Efforts of the United States

Among the nine recommendations, the first door on the absolute need to have more reliable information on the status of production, consumption and stocks of agricultural products. The authors propose to set up an international database, "modeled on what has already been done in 2000 to improve information on the oil market under the symbol JODI (Joint Oil Data Initiative)."

Second track: the fight against financial speculation. The report does not rule on this sensitive subject, which has already been a conflict between Paris and Brussels.He acknowledged that "financial investments in the derivatives markets in agricultural commodities have risen sharply since the mid-2000s," but noted "a disagreement on the role of speculation in financial volatility and rising material prices agricultural commodities. " The report suggests further research and returns the ball to the finance ministers of the G20. He simply welcomes "the efforts undertaken by the United States and the European Commission for more transparency and efficiency in futures markets, including the OTC (over the counter"), now unregulated.

Third important recommendation: a more rigorous application of WTO agreements and open access to markets for agricultural products.Referred moratoria on exports like decreed unilaterally by Russia on August 5 last wheat crop which was destroyed over a third after a period of exceptional drought. This also applies to taxes on imports or exports that amplify strongly throughout. The G20 called for "the establishment of a definition of the critical situation of food scarcity to justify a restriction of export." It proposes to develop a rapid screening procedure for notification type "fast track" to approve or not the measure of export restrictions.

Roommate cons social projects

March 26, 2011 - 10:28 pm Comments Off

Faced with rising rents in France, it becomes difficult for the student accommodation. AFEV (Association of the student foundation for the city), an association of student volunteers who fight against inequalities in income neighborhoods, has been working on this issue. It launched a program that offers student groups, in return for a roommate in very affordable prices, to participate in a common social vision. This program is called KAPS "Koloc A. Projects in solidarity"

In September 2010, the mayor of Toulouse has made available ten students four T3/T4 type apartments, provided they spend a few hours a week in entertainment cultural workshops, or coaching youth in difficulty .Students share the old staff accommodation which the city owns and rents paid monthly CROUS (Regional Centre for University and School) amounted to 272.42 euros (141 to 182 euros after deduction of aid housing). The project is supported by the bank BNP Paribas participant KAPS at € 150,000 and shall be directly liable, allowing students to access at no additional cost to collocations.

Roommate: a method that works

"Although Toulouse was one of the cheapest cities in France, the housing market begins to be saturated," said Stephanie Arnold of the town hall of the "pink city". "An increasing number of students is therefore preferred to collocation. This allows them to make more new friends. "The analysis of the motivations of students, which was conducted among volunteers AFEV shows "both a strong desire to participate in an action 'good' socially and a desire to learn for themselves," says the press release KAPS project.

Furthermore Toulouse, Poitiers and Paris have also tried. Through a partnership with the Foundation AFEV Poitiers University and the social landlord Logiparc, 12 students occupied T4 4 apartments in two districts of Poitiers for a rent amounting to 285 euros each (housing not deducted) same day payday loans. In Paris, five students, including volunteers AFEV are housed in a residence of the Studentenwerk, including three singles and two in collcation in an apartment.In exchange for a rent of 350 to 380 euros per month, they are five hours per week involved in projects in the area of ​​the roundabout of the Chapel, where there is a high concentration of social housing.

Convincing results

In the capital, the city less affordable for students, AFEV, the Studentenwerk and SIEMP (Society of the mixed economy of the city of Paris) work to the lineup from 40 to 50 units dedicated to the roommate. "But we are still awaiting the response of social landlords. Nothing is certain at this stage with regard to these apartments. But we know that CROUS participate in KAPS next year through the apartments and rooms available to students, "Tiffany relativizes Koechlin, territorial delegate AFEV Paris.Laurie Hay, in charge of local development association AFEV Poitiers, gives more otpimistes figures: the number of units for the project KAPS in this city will double the autumn of 2011.

The Toulouse experience so far remains a single case in France, because it is housing, which owns the Town Hall. This facilitates all administrative procedures for obtaining housing and avoid going through intermediary structures. Other cities such as Bordeaux and Perpignan have already started looking for apartments in vacant city in order to transform it into the collocation projects KAPS, according to the association.

SeLoger.com will emerge from the Paris Bourse

March 23, 2011 - 5:24 pm Comments Off

The German publisher Axel Springer has gained control over 95% of the company of small ads on the Internet Seloger.com from the extension of its tender offer (OPA) announced the Authority Financial Markets (AMF), confirming a report from Reuters. "It (score) Stalinist," said one of those people.

The success of this operation means that SeLoger.com may soon bid farewell to the Exchange. Indeed, the French stock exchange law authorizes the issuer of a tender offer to delist its target if he can control at least 95% of its capital at the end of its range. The results of the extension of the tender offer to 38.05 euros per share is expected to be formally announced Wednesday by the Financial Markets Authority (AMF).

A company owning more than 95% of another listed company for the possibility to via IPO Squeeze (OPRO), to redeem all shares on the market. Investors then have the obligation to tender their shares to the offer as opposed to a takeover bid. This procedure is also called "squeeze out". Specifically, the delisting occurs most often in the form of a Public Buyout Offer (OPR) followed by a takeover of Squeeze (OPRO, which will compensate the shareholders of the company Payday Loan for Bad Credit.

The delisting is not excluded

Axel Springer has not formally ruled out making a "squeeze-out on SeLoger.com, but also said he has nothing against the act of keeping one of its acquisitions listed, as is still the case for Aufeminin, another French star net bought by the German publisher.Out a group of stock and raise its stake to 100% allows the shareholder to make a tax consolidation and reassembling easier dividends to the parent.

For its part, SeLoger.com announced Monday that he expected a double digit growth of its key financial indicators in 2011 thanks to record levels of hearing and that he intended to double its dividend . After a fierce battle market, Axel Springer was able to convince management and major shareholders of SeLoger.com. After his first offer, the publisher of the German tabloid Bild controlled nearly 75% stake in the company.

(With agencies)

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Strong demand for iPad 2 U.S.

March 15, 2011 - 12:04 am Comments Off

The iPad 2 has attracted the crowds. Over the weekend, the queues are often longer than last year, were formed before the Apple stores and shopping channel partners for the launch of the new touch pad in the United States. More than a thousand people are massed together at the Apple Store on Fifth Avenue, New York, against 700 in April 2010. According to a statement of the analyst Gene Munster of Piper Jaffray, Apple could have sold between 400,000 and 500,000 iPad 2 from Friday night. Last year, 300,000 iPad have been sold during the first weekend.

This strong demand for iPad 2 leads already to longer delivery times.The iPad 2 is now shipped in three to four weeks depending on the Apple website, instead of three to four day period during the launch, while distributors contacted by U.S. analysts said their inventories were at their lowest . Asked by the Wall Street Journal, a spokesman for Apple has described the request as "extraordinary" and said the company was working to fulfill all orders no fax pay day loans. The first iPad had known for several weeks out of stock, partly because of worries of supply of the screen.

The profile of the buyer iPad has since evolved. It is divided almost equally between Mac owners and PC, when the Apple faithful were over last year (74%), says analyst Gene Munster. Nearly half of buyers (47%) choose a model with a 3G connection, more expensive.They also turn more readily to the storage capacity of 32 GB and 64 Furthermore, some 70% of clients did not have two iPad iPad far. In another survey of ChangeWave institute, over 80% of U.S. consumers intend to buy a touch pad to turn to consider the iPad.

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