HP immediately filed a complaint with the California court: the recruitment of Mark Hurd by a large competitor would be "at risk" of confidential information. The agreement concluded by Mark Hurd at his departure from HP does not provide non-compete clause, but it includes a confidentiality agreement with a duration of two years.

"In his new positions, Hurd will be in a situation where it can meet its commitments to Oracle without being forced to use and disclose to other trade secrets and confidential information from HP," justified his ex- employer. Already, he has "endangered the trade secrets and confidential information from HP's most important, pousuit the complaint, which states that Hurd has touched" millions of dollars in cash, shares and stock options in exchange for agreements "between the two parties.

Mark Hurd has earned, according to estimates, about 100 million dollars (79 million euros) during the three years at the helm of Hewlett-Packard and the amount of the agreement reached at his sudden departure is August 6 estimated at 34.6 million.

HP and Oracle partnership challenged

As for Oracle, a transaction is denounced "vindictive" fast cash loans.The boss Larry Ellison, exasperated, deplores action which neglects the highest point the relationship between the two partner companies who have customers in common. For him, HP makes it "impossible to continue the cooperation between HP and Oracle in the technology market.

Oracle is both an important partner of HP and one of its major competitors, including the market for computer servers after its acquisition by Sun Microsystems for $ 5.6 billion, a transaction close in the beginning of this year.

Mark Hurd, an acclaimed master

When Mark Hurd was fired by HP, the action fell 8% to 42.49 dollars in electronic trading session out, shaken by the surprise resignation. The announcement was especially elevated to a scandal that HP had already been pushed to resign as the Mark Hurd was replaced in January 2007.Patricia Dunn had indeed been found to have used private investigators in 2005, who used false identities to obtain phone records of conversations between board members and journalists …

Conversely, when Oracle announced its appointment on Monday, the share closed up almost 6%, while analysts revealed their enthusiasm for the company include Mark Hurd.

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"The event was very well directed, welcomed Thomas Baumgartner, the chief financial officer, during a conference call.However, despite this improvement, the activity has still not regained its 2008 level, before the start of the economic crisis.

While saying "pay attention to macroeconomic uncertainty," confirmed Mersen wait for all of 2010 a "return to organic growth" and increased its operating margin (about 9% in 2009. "We confirm our objectives even more confidence "that the end of July," said Thomas Baumgartner, ensuring not see at present any adverse effect of the macroeconomic environment on the recovery. And to indicate that the group would give more details of its 2010 targets September 15 at a meeting on the strategy Mersen.

In late June, the group's net debt, which has acquired companies such Boostec and M. Schneider, widened to 255.8 million euros against 214.9 million at end December.

In the crosshairs? The great day of mobilization unit of September 7, the day of commencement of the review of the pension reform in the Assembly.The goal is to do better than at the last day of protest and strike, June 24, where between 800,000 and 1.9 million French citizens – according to figures for the police and the CGT – marched to four corners of the Hexagon to protest against the project led by Eric Woerth.The unions have also worked hard this summer to convince the French to continue to fight against a reform they consider "unfair and ineffective": CGT visited factories and businesses to inform employees who do not go on holiday, the CFDT has toured throughout France with its green bus to entice young people to their cause, FP has preached the good word by flooding the beaches of postcards with the message clear: 'Holidays is great, retirement at age 60, too! "…

Heavy disruption to transport

A strategy that should be paid for, in the opinion of all experts, the mobilization of September 7 should be followed despite its very early in the schedule back.Strong perturbations are already announced in public transport, especially in the SNCF and the RATP house where unions have filed strike notice sometimes renewed. "Nicolas Sarkozy has skillfully diverted attention during the summer by returning to the front of the media spotlight the issue of security and forcing us to react," observes Lawrence Berger, the national secretary of the CFDT labor. It played well strategically, but it will not prevent a strong mobilization on September 7, "says he.

The challenge remains to prepare the post-September 7. The Inter meets on Monday evening in a Parisian suburb, the headquarters of the FSU, not only to capture passwords and goals of the mobilization of September 7, but will be talking about for him."A single event, unless it is huge, not enough to reverse the government concedes Jean-Claude Mailly. If you want to succeed, there should be a power stronger, and FOR will again offer the rapid organization of an inter-day strike to call for all unions. "Probably by mid-October , when the reform was passed by the Senate. A proposal that also appeals to the ultras in SOUTH but the CGT and CFDT still reject for fear of failure. "This is a high risk situation, because we can not afford to offer the French repeating events that would lead to nothing, nor call one-day strike which would result in not a failure," admits Lawrence Berger . The government, he, bet on a weakening of the movement and the resignation of the French.Top response on September 7.

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The operating margin reached 16.6%, an increase of 160 basis points over the first half of 2009, "resulting from increased volumes consumed by customers and the effectiveness of operational control," according to the release of the group.

Activity and gas services, which represents more than 87% of total turnover, grew by 13.4% as reported (9.5% on a comparable).The sales increase primarily in the Asia-Pacific (+25.2% to 1.213 billion euros), while activity in Europe increased slightly by 4.4% to just over 3 billion euros.

Progression from the pre-crisis

For Benoît Potier, Chairman and CEO of Air Liquide, the company posted a "solid growth in its turnover and its results compared to both 2009 and pre-crisis level of 2008."Turnover has indeed found the same level as in the first half of 2008, while net income group share was up 12.4% over the same period.

Benoit Potier said that evolution is "the result of the continued increase in demand for our customers but also the adaptability of the group to a new environment, thanks to ALMA," referring to a development program Group launched in 2008.

Therefore, the band announced maintain his target new growth in net profit in 2010, a continuation of our historical performance.

At 10:00, the Air Liquide was down 0.44% to 85.99 while the CAC 40 rose 1.52%.

Sales Linde also up sharply

German rival Linde, number two on the market, has also published its interim results on Monday.Group sales rose 11.5% to 6.104 billion euros. Operating income reached 1.396 billion euros, up 26.4% year on year. Net income jumped nearly 80% to 445 million euros.

Linde has also confirmed its objective to grow revenues and operating income for the year 2010.

So far, the group said informally that such a vehicle was considered only for Asia. But on Wednesday, on the occasion of the presentation of business results of the first half, Jean-Marc Gales, director of Peugeot and Citroen, has taken a new step.It does not mark a low cost, the third group, is distributed in Western Europe, even if the device has not "yet been decided" for the continent.

Chinese Partner

"If we did, and I say this in the conditional, a car really low-cost, it would necessarily under a different brand and obviously with a different distribution method, which could be" completely different and very creative, "he said, citing sales via "Internet". No matter under him from selling such vehicle in a Peugeot or Citroen dealership, and therefore to take the risk of blurring the image of two brands that are trying to go upmarket.

Asked about the possibility of building such a vehicle with a Chinese partner, Jean-Marc Gales said "one could imagine many things" with these manufacturers credit reports free.PSA, which has already formed a joint venture in the Middle Kingdom, will sign one second Friday with Changan, fulfilling a letter of intent.

Meanwhile, the group develops a medium sedan declined under the Peugeot and Citroën, which will be for the "heart of the range" of emerging countries. Production will be initially located in Spain. In the same logic, PSA works in partnership with Japan's Mitsubishi, with a small entry level car for these markets.

At the last general meeting of the group in early June, Philippe Varin had hammered this sedan designed for emerging markets was neither low-cost, or intended to Western Europe.More broadly, he appeared to reject the principle of marketing a low-cost model in Europe: "If a low-cost means low-end model, manufactured in low cost countries and for Europe to the West, while the group is not on the low-cost, had he stressed.

Given the success of Dacia, the Romanian brand Renault, which has exceeded 5% market share in France, the Lion is now considering actually in the parade.

Provisions repeated Areva's Olkiluoto site have largely supported this suspicion. But, after Finland, behold, the EPR Flamanville, built by EDF, also maintains the possibility of "industrial accident".

The American economy has destroyed 125,000 non-agricultural jobs in June against 110,000 planned. This is the first time since the beginning of the year that the U.S. economy is destroying jobs and the number of registered job destruction last month was the highest since October 2009.

The private sector has created 83,000 jobs, however, against 33,000 in May and 112,000 expected by the market. Despite the job losses recorded in the month, the unemployment rate of 9.5% in June, its lowest level since July 2009, against 9.7% in May Economists expected a rate of 9.8%.

The figures, preliminary unemployment weekly published Thursday, however, very disappointed. "For three months, enrollment weekly unemployment are the yo-yo around a trend average of 462,000, economists are of Oddo Securities. The dismissal of the enumerators of the population, down sharply in June (see Chart 3 above), could affect these results, but, anyway, the job recovery seems decidedly weak. "

Europe and China in the minds

If the relatively low funding requests from European banks with the ECB reassured yesterday, the threat of a downgrading of the rate of Spain by Moody's, the clouds that accumulate on the growing global concern, however, more than never the United States.Several indicators, unemployment and housing U.S., in fact, yesterday, had a marked fall in European markets, while Wall Street has finally, paradoxically, proved to be more combative resistance payday loan lenders. The weakening of the greenback against the euro is perhaps helped. The late publication of monthly sales of car manufacturers, sharp rise, too.The sixth meeting of decline has been less severe than expected, the Dow ended down 0.42% to 9732 points and the Nasdaq fell 0.37% to 2101 points.

While the downward revision of growth prospects of China Conference Board had, following a calculation error, contributing to a decline in the markets earlier this week, China could reassure the contrary on Friday: it comes into effect to announce the revision of the growth of its gross domestic product from 2009 to 9.1% against a previous estimate of 8.7%.

Google buys ITA

As for values, Jeffrey Immelt, the head of U.S. conglomerate General Electric, has accused China to show hostility towards foreign companies, said Friday the Financial Times (FT), pushing the group to say that his comments had been distorted.The share lost 0.14% to 14.10 dollars.

The engine rechercheGoogle (-0.47% to 437.43 dollars) has announced the acquisition of ITA, a company specializing in information on air transport.

The publisher of games for iPhone Tapulous announced Thursday that he was bought by media giant Disney (+0.32% to 31.59 dollars) to become "leader in mobile entertainment." The terms of the transaction were not disclosed.

Sanofi-Aventis (-2.24% to 29.70 dollars) on Friday refused to comment on information from Bloomberg that the French pharmaceutical group preparing to acquire a U.S. company a value of at least 20 billion dollars. Allergan (6.88% to 62.10 dollars) and Biogen (6.70% to 49.86 dollars) are cited as potential targets

Favorable cures severe austerity in Greece, Portugal and Spain, Nicolas Sarkozy calls for budget adjustments "progressive" in France and Germany, from 2011, with "not too many taxes."

The fragile economic and financial worries Europe G8 and G20. "Our partners Americans and Canadians fear the impact of austerity plans on resuming" said one EU source.The health of banks on the Old Continent is also a major concern in the United States. "There's nothing to fear from that quarter. Our banks are very strong. The results of stress test in late July is going to cheer the markets, "say the Europeans.

Faced with the Americans, Germans and Britons facing the G8 steadfast defenders of rigor. "A sustainable growth can not result from a fiscal policy based on the debt!" Repeats Angela Merkel. "Our public finances are in such a state, we have no other choice than a hard adjustment," he defends David Cameron.

Within this debate, Nicolas Sarkozy wants to distinguish itself from its European partners. Recognizing the need to reduce fiscal deficits in France, he will not rush, giving priority to pension reform.If markets were not so vigilant, he would gladly own the warning of Barack Obama: "do not overdo it in 2010 … or 2011.

He complains of the total opacity surrounding the subject. In less than three months, the phenomenon has spread to most chemists. In a letter to his clients, a leading industry refers to "a situation of force majeure for a mechanical problem. A spokesman said "not able to comment in the present context," adding that the group has written to its customers and does not give more details.Rhodia did not wish either to speak on this subject, nor the Union of Basic Organic Chemistry (SCOBA). PlasticsEurope, an association of European producers of plastics, boot button: "The problem of availability of raw materials is not limited to plastics, but is much broader. Polypropylene is most affected. "

A response that plastics companies deny. "There is still some time, the European plants polymers suffered from overcapacity. They could even export to China. Does it change? "Asks Bruno Estienne. He wondered if a half-word part of European production is shipped to China, to the detriment of businesses he represents.The producers of polymers are in fact, in their majority, started in the construction of production units of polymers in Asia, but all are not yet operational. This theory has a flaw: the prices of plastics in China are structurally lower than those in Europe, where prices through May rose by an average of 70% over one year.

However, in 2009, production fell by 20% and has increased by 9% during the first four months of the year."Some factories were closed in 2009, and the groups are reluctant to reopen them," said Jean-Marc Manducher, CEO Ronax, a buying group that has identified eight cases of force majeure in a few months! In addition, the European prudential standards discourage the restart of some production units.

SMEs under pressure

"We are caught between the chemists in our principals," said Bruno Etienne, who wishes to hold a roundtable meeting to identify the difficulties currently crossed by the industry and evaluate the time needed to return to normal.

If the survival of businesses does not seem threatened, some are already struggling. One example for manufacturers of garden furniture, whose business is seasonal excellence, and whose unfilled orders will not be caught.T automobile sector is also likely to be affected, if manufacturers of technical parts (bumpers, interior trim parts in engines) are not promptly supplied.

Inspectorate, currently held by the investment company 3i, is also present on the testing of petroleum products and petrochemicals (59% of its turnover), metals, minerals and agricultural products.The company recorded 2009 sales of 246 million pounds (280 million euros).

In a statement, Bureau Veritas claims that the acquisition allows it to position itself as "one of the world's leading inspection and testing of raw materials," a buoyant market, "according to Chairman Frank Piedelièvre group, whose potential amounts to 5 billion euros, according to the group saving account payday loan.

Inspectorate therefore give "a new dimension to the group that doubles the size of its laboratory network (330 sites) and now offers a range of services the industry's broadest assessment of compliance."

Bureau Veritas says that the transaction will be financed through existing credit lines and newly negotiated. The group expects a turnover of around 3 billion euros in 2010.It amounted in 2009 to 2,648,000,000 euros.