Posts Tagged ‘top news’

The CAC 40 in negative territory due

January 25, 2010 - 11:25 am Comments Off

Last week was difficult for the Paris Bourse and the new looks so painful. On Monday, around 7:20 am, the CAC 40 was expected to decline, future lost 1.09% to 3.8021 marks. The Paris markets should follow the negative signals sent from the Asian Awards. In the region, all the seats are finished in red, lead by tech sector lagging behind. Friday on Wall Street, the U.S. indices had closed down over 2%, dragged down by shares Google (-5.66%) and ADM (-12.12%).

In Paris, the stock market had experienced a tough session Friday, the bank stocks react badly to Barack Obama about the future restrictions will be imposed on the sector in the United States.Societe Generale lost 5.2%, retreating Credit Agricole (-2.51%) as well as BNP Paribas (-1.89%), Axa (-2.5%) and Dexia (-0.73%).

This morning, the GfK said that rising unemployment and painstaking recovery of the economy continue to weigh on the morale of German households. The barometer of consumption and was folded to 3.2 points in February, against 3.4 points the previous month. "In terms of consumption, 2010 promises to be more difficult than 2009," the institute said.

On Monday, other statistics should not be expected to tack markets. INSEE 12 hours to publish its quarterly survey of conditions in housing construction and building trades for January. Across the Atlantic, the Americans will unveil the new home sales for December to 16 hours easy payday loans .

EDF and Veolia will react to new policies

After intervention by Christine Lagarde, who believes that the dual function of Henri Proglio as President of EDF and the Board of Directors of Veolia could not last "forever", the series Policy should react to investors in securities EDF and Veolia Environment. Regarding the latter, information on the atmosphere that weighs the Management Board to have been unveiled by the Parisien this weekend.The services of the fraud control have also searched the premises of a subsidiary group of utilities in December 2009 as part of an investigation into possible price fixing, according to Capital.

April NextRadio TV Group and must publish their annual results after market close.

Sodexo must hold its general meeting at 16:30.

The values of the banking sector, Societe Generale, Credit Agricole, BNP Paribas and Dexia will also be monitored after their heavy falls on Friday.

The businessman Stephane Courbit, combined with the advertising group Publicis, consider buying a 70% shareholding in France Television Advertising by the Tribune. Its proposed takeover could even be validated in the coming days, "understands the daily.

ALSO READ:

"The Asian Scholarship worth

Collection record for the Livret A in 2009

January 22, 2010 - 2:33 am Comments Off

Despite the decline in its earnings had fallen to historically low rates (1.25%) since July, the Livret A French still attracted. According to the Fund Deposit banker of the state 16.57 billion euros have been deposited in Savings Books in 2009. It's much more than in 2008, or only 10.6 billion had been placed on this savings product.

The total stock of savings on the book A late December amounted to 184.91 billion euros, including interest.

Loss of monopoly

The importance of the collection is mainly explained by the opening of the monopoly of the distribution of the savings product on 1 January 2009. At the request of Brussels, the Postal Bank, the Savings and Credit Mutuel have lost exclusivity. The rate of pay, while 4%, has attracted the French who have rushed this product to secure savings.18.31 billion euros have been placed in single month of January 2009. During the year no less than 8.5 million booklets that were open in new vending banks, including 4 million just for the Credit Agricole.

Despite an end of year quieter, due in part to the closure of illegal Booklets some investors who already have a book in another bank, the French remained rather faithful business cards design . The crisis has indeed calmed the most daring in making them less attractive investments risky.

Life insurance in ambush

Life insurance, however, has a responsibility in the defections. From February 2009, compensation contracts in euros to 4% has few rivals when the Livret A is average at 2.5% and then gradually to 1.25%.In late November, net inflows (payments on contracts less benefits paid to policyholders) in life insurance and was up 65% over the first eleven months of last year.

The erosion could continue in 2010, Economy Minister Christine Lagarde has so far ruled out a recovery rate of the Livret A. Some economists like Cyril Blesson Seeds of Finance, however, believe that it may rise to 1.5% in the month of May.

ALSO READ:

Booklet A: 20% are illegal

The Squirrel and The Post are the champions of the Livret A

58.8 million savings books for 64.3 million inhabitants

Smoke on the internet: a threat manufacturer sites

October 27, 2009 - 5:12 pm Comments Off

Tobacco companies defend themselves against illegal sales of tobacco on the Internet. BAT France said in a statement it had secured commitments from the advertiser Expresstabac and site hosting Aucland, to "clean up ads. The cigarette had given notice October 16 arrest for impersonating BAT and selling cigarettes illegally. The host has pledged not to broadcast these ads.

Other warnings were issued by BAT. One for the site and the advertiser beebarter.com expresstabacnews@gmail.com and one for the site and the advertiser annonces100×100.com laboutiquedutabac@yahoo.fr. The cigarette maker BAT claims that these sites and advertisers to steal his identity and violate Article L3511-3 of the Code of Public Health which prohibits the sale of tobacco promotion in France.Mid-October, the spokesman for the government, Luc Chatel, had indicated he was "absolutely out of question for public health reasons, to authorize the sale of tobacco through the Internet.

A quarter of the cigarettes would be purchased abroad

The websites offer cartridges 8 euros against an average of 50 euros at tobacconists. According to research firm EPSY conducted for the manufacturer BAT, 24% of cigarettes consumed in France in 2008 were actually purchased abroad. Budget Minister Eric Woerth said on Thursday that the price of cigarettes would increase by 6% in the coming weeks at the request of manufacturers. An increase which could be added to the revaluation of taxes under the draft law on financing social security (PLFSS).

The CAC 40 hit a new annual high, thanks to Intel and JP Morgan

October 15, 2009 - 9:11 am Comments Off

The CAC 40 ended up 2.14% to 3882.67 points. The index has beaten the previous record meeting dates from Monday and stood at 3859 points. Traders were reassured by the results better than expected giant Intel. Annual profit fell by 5% a year to 1.9 billion dollars. The turnover amounted to 9.4 billion while the company planned 8,8-9,2 billion. The positive trend in U.S. markets, with the Dow Jones now finds himself a short distance of 10,000 points, helped fuel the rise of the CAC 40.

Finally, the Paris market has increased its earnings after the eagerly awaited publication of JPMorgan Chase, the first bank to publish its results. The latter recorded a third quarter net income increased sevenfold to $ 3.6 billion and revenue up sharply.Consequence: banking stocks instead of Paris perform fine performance on Wednesday.

On the macroeconomic side, import prices have emerged up 0.1% in the U.S. last month. The retail sales in September they fell 1.5% from August.

The records have fallen in different markets on Wednesday: an ounce of gold is worth 1070 dollars, the oil back to $ 75 up to its highest in over a year, and the dollar hit its lowest level in 14 months. We must now get 1.4913 dollars for one euro.

The values of the day

In an exclusive interview with Le Figaro, Louis Welsh, CEO of EADS (-1.70%) said that "the Franco-German emerged stronger from the crisis. He showed a new ability to move forward together. French and Germans have agreed on joint proposals, made at European level and the G20.This creates a positive climate for EADS. "

Credit Agricole (+4.12%) announced the repayment of 3 billion euros of deeply subordinated notes (TSS) entered into by the Company of equity of the State under the support plan.

BNP Paribas advance of 3.31%. The Nikkei newspaper said that the Japanese Securities Dealers Association has fined 100 million yen (750,000 euros) to BNP Paribas Securities (Japan) and suspended his membership on current six months. The company has concealed certain information as part of a funding agreement with the Japanese property developer Urban.

EDF rises of 1.53%. The National Assembly noted on its website that the Economics Committee of the Assembly will audition October 27 evening at the future CEO of EDF, Henri Proglio. Members may well ask him about his strategy.

Out CAC 40, Air France-KLM lost 0.83%.According to La Tribune, the company is considering postponing deliveries of planes ordered from Airbus and Boeing to preserve its cash.

Property Regions (-1.09%) announced Wednesday the acquisition of five office buildings, valued at 267 million euros and increased its equity.

Eurotunnel interested in High Speed 1

October 15, 2009 - 9:09 am Comments Off

The operator of the Channel Tunnel was awaiting the decision of the British government for over a year. Eurotunnel is already a candidate for the purchase of High Speed 1, the line speed of 108 kilometers which connects the tunnel to the station of Saint Pancras, London, and will sell under the plan to sell assets of the British government. "We are clearly concerned, says a spokesman for the group. It is the natural extension of our business. However, it is likely that we did not go alone. "No other buyer has not yet positioned as clearly on the record that the Franco-British. The value of the first high-speed UK, whose work cost 8 billion euros, has not been sent.It now belongs to London and Continental Railways, owner of the UK rail infrastructure.

Since its inauguration, this line enables Eurostar trains to run at high speed after the Channel Tunnel. The journey time between Paris and London is now 2 cons 2 h 15 h 52 in 2003.

ALSO READ

"Britain privatized to reduce its public deficit