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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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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.

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.

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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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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Supported by the scrapping and recovery measures, the automotive sector rebounded in 2010. The French automotive supplier Faurecia has benefited from the market recovery in 2010 and ended in the green: the net profit amounted to 202 million euros against a loss in 2009 and for the fifth consecutive year of 434 million.

Faurecia and exceeded all its goals with an operating profit of 456 million euros last year, representing a margin of 3.3% of sales, a figure higher than the target set by the OEM (over 400 million euros).

The group also exceeded its goal of net cash flow (net cash flow) of 100 million euros for 2010, reaching 222 million.

Turnover has also risen sharply, from 48% to 13.79 billion euros.Group sales 57.4% owned by the manufacturer PSA were fired by several areas: parts and components manufacturers, the monoliths, tooling and prototypes. In all geographical areas where the group is present, sales are also well made, with a leap of particular products in North America and Asia. Faurecia strengthened its activities with the acquisition of American Emcon Technologies, specializing in technologies to control exhaust emissions, and that of Plastal Germany, specializing in automotive exterior parts.

Faurecia could "seize opportunities for consolidation"

In terms of outlook, the supplier is confident for 2011, especially since it garnered last year a record number of contracts (13.1 billion euros) to "ensure the group's growth."Therefore, it is a turnover of between 14.8 and 15.3 billion euros this year, an operating margin of between 580 and 640 million and net cash flows in excess of 200 million.

Faurecia will also continue its expansion in Asia, especially China with the construction of seven new plants and intends "to exploit future opportunities for consolidation."

With this publication, the group will propose a dividend of 0.25 euro per share at the next general meeting.

Shortly after opening, the title Faurecia flies nearly 7% and signs the largest increase in the SBF 120. In its wake, all the cars ahead values: Valeo rose 4.1%, Peugeot and Renault by 3.1% to 2.1%.

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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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Click on the thumbnail to enlarge the graphic.

Xavier Bertrand has promised to quickly solve the nagging problem of liability insurance for physicians, and in particular specialties such as obstetrics, where the premiums never stop climbing. The Health Minister has, recently, the 2010 report of the Observatory of medical risks, which will be useful to decide. The document not released but has acquired Le Figaro, is screening all medical accidents that resulted in over 15,000 euros in compensation between 2006 and 2009. More than 4000 records.

The average compensation amounted to 115,333 euros. The sum is paid either by insurers of doctors and health facilities (with the exception of the AP-HP, which is its own insurer) or by the National Compensation Medical (Oniam).This public agency occurs when the injury does not result from a recognized fault or when the amounts exceed the limits of insurance coverage (at least 3 million). Compensation, decided amicably (70% of cases) or granted by the court, does not exceed 50,000 euros in half the cases payday loans. But 13 cases have resulted in over 1 million euros, reaching a record 6.65 million. Because the cases are a very diverse gravity: an inability to 25% worse for two thirds of patients, over 25% to 22% of them, and one death in 12%.

The average amount of 115,333 euros is not fully allocated to the victims or their dependents: 27.5% of the amount used to repay the "Safely" and other organizations that have financed care, when a foul was committed. This is not the most common.In the third case, the loss is recognized as a "hazard" is "to blame bad luck, an unfortunate consequence of an act within the rules of art. Then the Oniam playing. Same thing if the injury is due to a nosocomial infection (18% of cases).

Wrongdoing in 27% of cases

The classification of specialties, surgery lags far in the lead (60% recognized the harm), with compensation close to average. (Photo credit: Marlene Awaad / Le Figaro)

The Paris Bourse revolves around the balance on Thursday at the opening: the CAC 40 was down 0.05% to 3878.33 points in early trade. Investors should wait patiently to see how the European Council, which begins today, will take place.

Yesterday, the CAC 40 finished down by 0.58% to 3880.19 points, after four consecutive sessions increase. The index has dropped below the 3900 points but has resisted the announcement on Wednesday, putting on negative watch by Moody's, the rating of sovereign debt of Spain.

The euro, he has stumbled and now handles close to $ 1.32, against 1.33 yesterday.

Meeting of high importance in Europe

The EU leaders are found on Thursday in Brussels for a summit designed to permanently leave the euro area financial crisis, after a year of every danger with the rescue of Greece and Ireland.The purpose of the meeting of Heads of State and Government in Europe, which opens at 17 am and will conclude Friday, is to begin the creation of a permament Financial Assistance Fund for countries that face increasing .

Rain of economic figures

Conditions in the private sector in France deteriorated in December, partly because of the impact of cold and snow, without jeopardizing the growth of the business, results showed Thursday's preliminary investigation monthly from Markit Economics Purchasing Managers.

At 9:30, INSEE conjonture present his memorandum of December 2010.

In the eurozone, will be known 11 hours in the figures on inflation.

United States, at 6 o'clock this morning came out foreclosures: they fell in November to their lowest level in a year and a half but their number on the first eleven months of the year already exceeds the record of 2009 according to the survey firm specializing RealtyTrac said on Thursday.

This afternoon, the weekly claims for unemployment benefits will be unveiled at 14:30, and housing starts in November and current accounts in the third quarter.At 16 hours, the industrial activity in the Philadelphia area in December could move the indexes.

ArcelorMittal is restructuring its steel industry

The steelmaker said Thursday industrial restructuring its steel subsidiary, before its IPO, which aims to increase its profits by $ 250 million and password including the suspension, introduced as "temporary", the activity of the mill Cold Isbergues (Pas-de-Calais).

EADS (-0.23%), Thales, Dassault Aviation (2.53%)

France should take a decision on the purchase of new drones in February 2011 and does not choose the American model "Predator", manufactured by General Atomics, said the Defense Minister, Alain Juppe.

Pari also the CEO of Thales Luc Vigneron said he was confident in the "capacity to rebound" of the French group, despite the decline in defense budgets, and judge the realistic target of 20 billion euros in revenues in 10 years In an interview with Les Echos on Thursday faxless payday advance.

In exchange, Thales and Safran have the highest coastal retreat, with respective declines of 3.79% and 1.34%.

Zodiac Aerospace (1.60% to 54.50 euros) has announced a turnover of organic growth of 18.3% in the first quarter of 2010-2011 due to favorable comparisons and market recovery.

CGG Veritas: 2.10% to 21.43 euros specialist services and geophysical equipment for oil industry announced Thursday a plan covering all its activities, which should improve its profitability and strengthen its position in the field seismic technology solutions and high end.

STMicroelectronics (-0.3%), Soitec (-0.27%) Capital spending in the semiconductor industry is expected to remain virtually stable in 2011, after rising by 131% to $ 38.4 billion this year, according to research firm Gartner.

Listed favorite, the Bollore Group (+0.37% to EUR 163) won the tender for Autolib 'future electric car service self-service in Paris and its suburbs.

Air France-KLM: -0.57% to 13.92 euros Reportedly, Air France, relieved at the trial of the crash of Concorde which had 113 deaths in 2000 near Paris, has in turn appealed the sentence condemning the Continental U.S. to "defend".

Areva (-0.08% to 360.20 euros) has renewed its shareholders within Eramet (0.68% to 259 euros) with companies and Sorame Ceir representing the shareholders of the Duval family.

Veolia Environnement (-0.34%) must develop its activities in each of its four business lines (water, waste, energy and transport), said Antoine Frerot, the new CEO of the group, which excludes Thursday in an interview with Les Echos to waive some of these areas.

GDF Suez: -0.02% to 27.49 euros today held a press conference: Mestrallet, CEO, will discuss the merger between GDF Suez and International Power at the conclusion of the AGM of International Power.

Carrefour (+0.60% at 32.69 euros) and RATP leave EDF (+0.28% at 31.67 euros). They begin the new year with a new energy supplier.

In addition, France has chained two records for electricity consumption Wednesday.The historic peak rises to 96,350 megawatts, according to that established on Tuesday night.

In addition, Carrefour is expected to decide in the first half of 2011 if it splits or stock exchange introduced its Carrefour Property property, reads Thursday in Les Echos.

Expected annual results and Plastivaloire Manutan pre-market this morning. Aeroports de Paris will unveil its November traffic.

The Minister of Industry and Energy, Eric Besson said Sunday the closure "imminent" in a "first step" of the capital increase of the nuclear group Areva, with a participation of KIA's sovereign wealth fund Kuwait, which will join the French state.

"For the first step in the recapitalization of Areva, is imminent," said Eric Besson on Europe 1, but without being able to say whether the transaction would be announced "within a few hours or a few days." The proposed recapitalization of the nuclear giant steps, it is true, a scenario in rebounding. The operation appeared to be impossible before the end of 2010, after abandoning the assumption Mitsubishi. Thursday, Christine Lagarde, economy minister, however, had suggested she had a "plan B" through further negotiations with the Kuwaiti Fund.

New round likely in 2011

Eric Besson would not disclose precise figures, while the press has talked in recent days, a total of around 750 million euros, in which governments could contribute up to one third, the balance being Supported by Kuwait.

He also left the door open for another round in 2011, which could then be part of Qatar's sovereign wealth fund, with which the negotiations have so far foundered, and the Japanese group Mitsubishi Heavy Industries (MHI). Areva has in fact over 10 billion euros for its development. About 5.5 billion is already entered into the coffers with the sale of T & D investments (Safran, Total …).To this sum must be added about 600 million euros if the sale to the Strategic Investment Fund (ISF) of the 10.9% stake in STMicroelectronics succeeds.

Asked about the possible participation of EDF and Alstom in this second phase, Eric Besson said that "obviously the president has ruled out any line of work."

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