News Line

Recall all Italia Ferrari 458

admin — Fri, 03 Sep 2010 16:16:04 +0000

Italia Ferrari 458 were sparks in the automotive world, when she arrived on the market. Line aggressive, V8 4.5 liter engine (hence the name 458), 570 horses, pushed to 100 km / h in 3.4 seconds and top speed 375 km / h. .. the meteor was very appreciated by professionals, and its 1248 buyers worldwide, who paid 163,000 euros to afford this model in its simplest version, that is to say, no options.

Except that on the manual sports car, no entry showed: Do not ride when it gets too hot and not too "push" the engine. Otherwise? The engine, placed at the rear, caught fire! Of course, after several (bad) surprises of this kind – in California, Paris, Switzerland and China payday loan … – Prancing Horse at the firm took the fires seriously and has initiated an investigation.Note that none of the owners has been injured during these hot shots.

The investigation, opened last August 25, clearly reveals that there is a manufacturing problem. No lobby anti-Ferrari, no driver's responsibility, as noted by Ferrari for six cases of fires. The mark of prestige and relegated to the same level as competitors désoramis known for their massive recalls, like Toyota, Ford, GM or Nissan.

Michael Schumacher has suggested some ideas to engineers responsible for developing the successor to the F430.

Genzyme reaches out to Sanofi to raise its bid if

admin — Thu, 02 Sep 2010 09:16:09 +0000

Genzyme is good to sell, "but not $ 69 per share, or $ 18.5 billion in total, as proposed by Sanofi-Aventis. In recent hours, Henri Termeer, CEO of U.S. biotech coveted by the French laboratory, has changed its tone. After contrast, twice a categorical end of inadmissibility on the approach of Chris Viehbacher, the CEO of Sanofi, that's indeed the guru of biotechnology shows almost take his last speeches to the American press. According to him, he is also "highly probable" that the operation to run its course, but not in the form of a hostile raid: "It's unlikely.We too need each other in terms of future value. "

Reassure shareholders

These statements are intended to reassure the shareholders of Genzyme, some of which are moved by the refusal of its board of directors to initiate dialogue with Sanofi. It was also the goal that was Chris Viehbacher making public its proposal on Sunday night, after attempting to conduct an underground court in August. Upon disclosure of the bid from Sanofi, David Katz of Matrix Asset Advisors, an activist investor, has written to Genzyme to encourage the firm to receive her suitor. "There is a very substantial offer on the table.It's enough to start negotiations, rather than waiting for a higher initial offer, "pleads the finance, which states:" It is clear that the price of 69 dollars is only a starting point for negotiations and that recovery can be assessed consistently if Genzyme demonstrates that the company is worth. "

Important, these openings are not sufficient either. For Chris Viehbacher is itself under stress. Its board of directors with representation its two main shareholders, L'Oreal and Total – who collect 27% of the voting power – accepted "lip service" a buy, provided it does not exceed 70 dollars, according to a close the file. Therefore, the main weapon of Chris Viehbacher might be patience.It is, indeed, to hope that Genzyme lack of other contenders, eventually being convinced that an offer of 69 dollars is better than a stock price around 50 dollars, its value before Sanofi starts.

Ask your questions to Laurence Parisot

admin — Wed, 01 Sep 2010 06:32:29 +0000

"Pensions Parisot received by Woerth

"Parisot is involved in the 2012 presidential

"The conventional breaks hit record high

"Parisot road for three more years

3PAR: Dell has three days to bid

admin — Mon, 30 Aug 2010 06:32:27 +0000

Bids climb for 3PAR. The computer giants Dell and Hewlett-Packard are engaged in a struggle to redeem the American Society of data storage. A standoff that intensified this week.

Last rebound Friday: HP announced in mid-afternoon that he raised his bid for 3PAR to $ 30 per share, valuing the company proposed data storage to 2 billion dollars! Rival Dell had announced earlier in the day he lined up on the previous HP offers made Thursday night: $ 27 per share, or $ 1.8 billion.

In this battle of "cloud computing (cloud computing via the Internet), and two days are alike. The day of Thursday has been marked by the same scenario.By putting on the table an offer to 1.8 billion, HP responded to Dell, which had outbid earlier in the day.

For Dell, the matter seemed closed Thursday morning. Thirty cents per share closely. Indeed, the offer was raised from Dell was barely higher than that of HP, to 24.30 cents per share against 24 cents. If the transaction would receive the green light from authorities, Dell assured however that it could be finalized before the end of the year. The computer maker also added that the operation "should have a positive impact on [his] profit excluding exceptional items from fiscal 2012.

The "cloud computing" is popular

He had not reckoned on the pugnacity of HP.The acquisition would allow 3PAR to expand its range of storage products for cloud computing and support services activities, like other industry heavyweights like IBM, they tend to generate higher profit margins than sales of computers.

The ball is now in the hands of Dell. And it did not intend to waive 3PAR Friday. "The group continues to believe that the acquisition of 3PAR, and its storage technology market leaders, is an important operation for our customers and will strengthen Dell's position on these services," he said in its statement.

Three days to respond

On Monday morning, Dell has yet to outbid, and said Sunday that he "thinks" the follow-up to its offer, while 3PAR said Saturday that it gives preference to offers from HP .The target of the takeover was that the terms of the contract with Dell forcing the suitor to make an offer within three days at least equal to that of HP, 3PAR otherwise begin negotiations with him.

The battle began last Aug. 16, when Dell announced plans to acquire 3PAR price of $ 18 per share. A week later, HP came out of the woods. Last Monday, the group also proposed 1.6 billion dollars against 1.15 billion for Dell. The suspense continues, therefore. And the recovery of 3PAR flies …

On Friday, shares of Hewlett-Packard bend 1.5% to 37.6 dollars on Wall Street, about 17 hours, while Dell shares advance 1.8% to $ 12. 3PAR him, flew 21.5%.

Airbus A350 produces less quickly than expected

admin — Fri, 27 Aug 2010 14:28:09 +0000

Even when Boeing announced a further delay of delivery for its B787, Airbus (EADS) has revised downwards its forecast production rate of the A350, the newspaper Les Echos. Airbus did not confirm, nor deny. "We never disclose our delivery dates for programs in development, contends a spokesman for Airbus. Our goal is to deliver on time as our equipment is provided in the contracts signed with our customers. " It also would maintain its objective of delivering a first plane by Australia's Qantas Airways in mid-2013.

It is not enough to reassure investors on the Paris Bourse. Around 9:45, the title of the parent company of Airbus has one of the largest declines in the Cac 40.EADS sells 2.53% in effect in a market down by 0.46%.

According to information from the Echos, Airbus provides for the production of 10 aircraft in 2013 (against 18 previously planned), 40 in 2014 (instead of 51) and 60 in 2015 (against 83). In total, therefore, expected within 42 A350s on the assembly lines of the European aircraft manufacturer over the next three years.Still according to Les Echos, these forecasts are still overvalued, according to some sub-contractors.

Airbus A320 would produce more

However, according to La Tribune, Airbus could produce 90 medium-haul and long haul A320 Airbus A330s by 2012 at a total additional revenue of nine billion dollars (7.1 billion euros), bringing the rates production levels envisaged in 2008, before the crisis.

Thus, 72 additional A320s would be produced compared to today, only one additional sales of over 5.6 billion dollars (4.4 billion euros). Airbus plans to build 18 parallel A330 more each month for a $ 3.5 billion. Airbus said in figaro.fr the only official figures were those of the statement issued last July 30.The aircraft manufacturer and announced the production of 78 A320s by 2012 (38 August 2011 and 40 in the first quarter 2012). In contrast, Airbus has said no forecast of production rates of the A330.

The unemployment falls again in July

admin — Wed, 25 Aug 2010 23:52:07 +0000

Unheard of since the beginning of the crisis. This makes two months in July as the number of jobseekers registered in category A to decrease employment center. "One more and it will become a reliable trend," enthuses Laurent Wauquiez, the Secretary of State for Employment. The largest decline even since February 2008: 0.5%, or 14,400 fewer people unemployed in July after an initial outflow of 8600 in June "This proves we were right not to give up and focus on an active policy of employment," said Laurent Wauquiez. We must remain vigilant because the coming months will not all be as good. "

Another encouraging sign is the rising number of unemployed in class ABC (including applicants for employment who have worked more or less than 78 hours) slowed sharply in July. It was only 0.1% (5300 persons) in July, five to nine times lower than previous months.For Laurent Wauquiez, it is not just a transfer grade (from A to B and C) meaning that more and more unemployed people returning to work part time. "It is also linked to the resumption of temporary employment and job creation in the first half of IDUs," he justified. There are now between 2.69 and 4.21 million unemployed in France, according to the category selected.

The data for July also confirm the trend reversal on youth unemployment. The number of under 25 who are enrolled in July fell 2.8% in category A, on the ebb to 1.8% in one year. An exploit in crisis even if there is an increase of a level similar to category ABC showing that more and more young people carry a very part-time job until a job lasting savings account payday advance.Input side, the decline on a year because of enrollment for CSD (-14.5%), temporary mission (-14.5%) and redundancy (-31.1%) demonstrates that economy is indeed on the road to recovery. A feeling confirmed by the rebound of 3.6% of jobs collected in July.

Bond assisted contracts

Conversely, the social treatment of unemployment runs rampant over the past year: the release of employment center for internships have increased by 11.7%. Even finding the side of beneficiaries assisted contracts (Class E), the number has jumped from 45.5% in one year. "We remain below the number of contracts sold under Jean-Louis Borloo and Martine Aubry," qualifies the Secretary of State for Employment.

Three other flats are relative good figures for July.Senior citizens continue to register in mass (1.1% in one month and 17.1% in one year) and nearly 50,000 more to be pushed into the doors seven months of employment center. A downward spiral that Laurent Wauquiez hopes curb with the introduction in 2011 of a device "zero charge" for the hiring of a senior unemployment. On the other hand, the long-term unemployment is endless progress: + 0.8% in July, bringing to 36.2% the share of those unemployed for more than a year on average over 424 days ( 30 in ten months). Finally, the radiation increased by 7.3% in one month and 9% a year.

The prices of fruit increased by 11% this summer

admin — Tue, 24 Aug 2010 10:36:07 +0000

After a sharp decline in 2009, futures prices have started to increase this summer. The consumer Rural Families who publishes his Observatory prices is a significant increase over one year reaching 11.1% for fruit and 5.5% for vegetables. According to the study published this morning in La Croix, the largest increases affect melon – whose price has soared almost 60% – nectarines and beans. This sharp increase can be explained by the vagaries of the weather. Rain and cold were weighed on crops and reduces the supply of commodities, pushing prices upward.

If prices in 2010 have fortunately not reached the heights of 2008 a kilo of apricots then cost 4.52 euros against 3.64 euros this summer, the repercussions of this increase was immediate in consumers who shun the inside scoop.The sale transaction conducted by the producer price MODEF, agricultural union, last week, confirms this aversion to price. Ten tons of vegetables were pulled in less than three hours.

"If we follow the recommendations of the World Health Organization to eat 400 grams of fruit and vegetables per day, said Damien Thierry president of Family Farm this morning on Europe 1 this corresponds to an additional budget of EUR 150 per year . Consider a cost of about EUR 1.04 per day.

The fruit flavor seen as weak

And note climbed even more quickly if you prefer organic products. For the first time the association was interested in this market and its findings are instructive. The organic fruit and vegetables are on average 70% more expensive than conventional products. Organic Nectarines even reach record levels.At 7.67 euros per kilo, they are 121% more expensive than others, and unaffordable for the majority of French families. A kilo of organic fruit returns on average to 5.54 euros against 3.29 euros. For vegetables the rate is 1.91 euros to 3.23 euros.

This increase is all the more regrettable that, in addition, product quality has diminished, notes another consumer association CLCV has also published a survey on the "fruit flavor". It shows a fairly average level of satisfaction of consumers if the melons are doing fairly well with 80% in favor, the other fruits have significantly less coast. Half of French respondents disdain, peaches and nectarines found little sugar.The fault this time to supermarkets that offer products and especially not mature enough stored under poor conditions, especially at temperatures too cold to allow for longer retention and reduce losses.

The CAC 40 closed up

admin — Mon, 23 Aug 2010 18:28:24 +0000

At the Paris Bourse, the atmosphere was positive on Monday. At the fermture equity markets, the CAC 40 ended up 0.77% comfortable with 3553.23 points. Note that just before the opening of Wall Street, the index had risen to 3583 points. But U.S. indexes quickly took down the slope, and European markets have suffered the cost.

Closing largely under the 3600 points on Friday, down 1.30% net, the CAC 40 suffered major losses last week. And with two weeks of decline, Wall Street does not give signals of optimism. For their part, Asian markets are very hesitant, juggling between gains and declines for several sessions.

In London, well, the FTSE closed up 0.76% Limited 5234 points.And the star Dax index of the Frankfurt Stock Exchange finished at timid increase, 0.10% in 6010 points.

Note that the side of the currency, the euro continues to falter on Monday. It lost 0.42% to 17.30 and rated 1.2660 dollar.

Today's figures and future

On Monday, the Institute has unveiled a Markit composite PMI index in France to 59 points in August against 59.7 in juillet.C is its lowest level in five months. The services PMI index stood at 59.9 against 60.5 expected and 61.1 in July. For its part, the manufacturing PMI stood at 54.7 against 53.4 expected and 53.9 in July, its highest in two months.

In Germany, the PMI for services stood at 58.5, while economists had expected a figure 56.3 from 56.5 after he published the previous month. It was his fastest pace in three years.In contrast, the manufacturing PMI fell to 58.2, its slowest pace in six months, against 61.2 observed in July and 60.5 expected by economists. The composite index has nonetheless reached its highest level in four months, to 59.3 against 59.0 in July.

The rest of the week promises to be loaded including unemployment figures in France in July (Wednesday), the new home sales and durable goods orders in July in the U.S. (Wednesday) and weekly entries to unemployment overseas (Thursday).

Values follow

Until the weekend, charged in half-yearly publication, the day of Monday is quiet on the side advertisements.

Brussels plans to dismiss the complaint against the French state by telecom operators Orange (France Telecom 1.55% to 16.345 euros), SFR (Vivendi: 0.37% to 17.71 euros) and Bouygues Telecom ( 1.57% at 33.06 euros) in the allocation of the fourth 3G mobile license to Free (Iliad: +0.70% to 68.9 euros), La Tribune reported Monday.

GDF Suez (-0.08% to 24.95 euros) is interested in acquiring sites for storing gas sold by Exxon Mobil and Shell, valued around one billion euros, according to a report in Le Figaro on Saturday.

Carrefour (1.12% to 36.15 euros) will launch a new concept of hypermarkets to address the erosion of its customers.

The absence, for several days, any public information on the new presumed interest of Sanofi-Aventis (1.91% to 45.82 euros) for the American Genzyme could mean that both sides have begun discussions Geoffrey Porges estimates, analyst at Sanford Bernstein.

An acquisition at 2 billion euros in oil

admin — Sun, 22 Aug 2010 03:20:35 +0000

Major operations are continuing in the commodities sector. After the takeover of the Anglo-Australian BHP Billiton on the Canadian Potash and the takeover of British Power by GDF Suez International, an English exploration company Dana Petroleum is the subject of a hostile takeover by the Korean group Korea National Oil Company (KNOC). Predator one day – Dana Petroleum has acquired a week ago Petro Canada Netherlands, a subsidiary of Petro Canada Holdings – the British company becomes a target for its competitors. The action of the British company jumped 5.60% to 1790 pence (21.79 euros) to the London Stock Exchange, about 1:50 p.m..

The Korean group has therefore finally unable to negotiate a friendly takeover with the direction of the British group. On 12 August, Dana Petroleum has announced that it had rejected the friendly offer of redemption to 1800 pence per share that KNOC had presented it as inadequate."Initially, I thought the company would be acquired rather by" utilities "as European or GDF Suez Eon. But the fact that KNOC seeks new reserves to diversify geographically fully justified this operation, "said Herve Mangin, specializing in mergers and acquisitions at Axa IM Guaranteed payday loans.

The Korea National Oil Company proposes to redeem the shares of Dana at a price of 1,800 pence, or 21.88 euros, payable entirely in cash. The transaction values and the British group at 1.87 billion pounds or about 2.27 billion euros.The offer represents KNOC a gain of 58.6% over the closing price of Dana Petroleum last June 30, eve of the launch of the tender offer.

A year after the acquisition of Canada Canadian Harvest Energia for 1.8 billion Canadian dollars (1.1 billion euros), KNOC is pursuing its policy of strategic transactions. And the Korean should not stop there way. "KNOC has announced plans to spend 6 billion dollars this year. The group should then proceed to another operation of similar size in the oil sector, probably in Europe, because it is strong in North America and Asia, "says Herve Mangin.

Paris in decline despite SocGen

admin — Thu, 05 Aug 2010 04:32:08 +0000

After opening at 3746.56 points on balance, the CAC 40 suffered some profit taking and lost around 10:30 just over 0.5% to 3726.45 points. At midday, the index feature yielded 0.54% to 3727 points. Tuesday evening now, the benchmark index of the Paris market had bent slightly, from 0.12% to 3747.51 points, while nearly 3,750 points in the wake of Wall Street, penalized by economic indicators so good that anticipated.

Investors reacted positively Wednesday morning, however, the results of Societe Generale, published before the opening, and that are much better than expected. Monday, BNP Paribas and HSBC had already published accounts reassuring and had restored confidence to investors worldwide.

In Asia, Tokyo has fallen sharply while export values are still penalized by one yen rise against the dollar.At 85.5 yen to the dollar, the yen has never been stronger.

Economic News still loaded

On Wednesday, the macroeconomic news might still punctuate the markets. In the euro area, the focus will be on the PMI services and composite July (2nd estimate). Growth in the French sector of services has accelerated slightly in July, but expectations of entrepreneurs are less strong, according to the PMI survey published Wednesday by Markit Economics.

At 11:00, retail sales in the eurozone emerged flat in June mainly due to lower sales of food products, following a 0.4% increase the previous month (revised from +0.2%) but show a larger increase than expected 0.4% in one year, after 0.6% (revised from +0.3%) recorded in MayEconomists polled by Reuters had forecast an average increase of 0.1% from one month to another as well as annual.

Overseas, the ADP employment figures in the private sector in July will be well attended in the financial world, at 14.30. Then at 16 hours, the ISM index of activity in services should lead the market. Finally, at 16:30, the traditional weekly crude oil stocks are known. All these figures of importance, so that on Tuesday, the statistics on consumer spending and incomes of households were poorer than expected.

Société Générale and Axa have done better than expected

As for values, investors have been informed by stock-half-year results of Societe Generale (1.38% to 46.02 euros). Net income was more than tripled to 1.084 billion euros in the second quarter. Economists expected a doubling.Moreover, its Greek subsidiary Geniki announced a widening its net loss in the first half, the economic difficulties the country promoting the proliferation of bad loans.

AXA (-1.76% to 14.47 euros), has reported net earnings in the first half down 29% to 944 million euros. It's better than expected and operating income, which excludes special items, spring, him, down 3%.

Suez Environment (-0.23% to 15.14 euros), which specializes in managing water and waste, noted Wednesday its growth forecast for the full year 2010, after posting first half results strong growth. Jean-Louis Chaussade, CEO of number two French water treatment and industrial waste, says his group's performance in the first half.

Bic (0.54% to 56.10 euros).The group anticipates a slowdown in particular the growth in sales of lighters and razors in the second half.

Sopra (-0.02%) and Iliad (-1.15%) also posted pre-market.

Maurel & Prom: + 68% of first half sales

Energy. Departments of Ecology and Economy announced Tuesday that the government planned to increase to 15 August electricity rates by 3% on average for households and 4% to 5.5% for businesses. EDF is the head of the CAC 40 to 34.7 euros.

Maurel & Prom (-0.45%% to EUR 9.78) Tuesday announced sales up 68% in the first half of 2010, helped by the rise in production fields in Gabon and in particular into production fields and Omgw OMBG. Note that the oil companies are particularly sought after in recent sessions.The oil was indeed installed comfortably beyond 80 dollars.

Vilmorin (+0.17% to 74.63 euros) Tuesday posted a consolidated turnover from 2009 to 2010 up 6.2%, supported by his vegetable business. The fourth seed has confirmed global forecast fiscal year 2009-2010 ended June 30, "a good performance of its margins," despite the increased "significantly" from its research investment.

Teleperformance (-0.72% to 19.31 euros) announced Tuesday for the first half rose 3.9% in sales on a reported basis, down to a 2.6% decline in comparable, indicating that positive impact of its restructuring plan on the second play of the year.