Sundial of world news

At the close of the New York Stock Exchange, the Dow Jones advance of 0.46% to 11,613.53 points and the Standard & Poor's 500 and Nasdaq 100 rise respectively from 0.49% to 1218.89 points and 0 , 13% to 2579.46 points. Just before the final gong, U.S. markets rallied after going into the red, a sign of anxiety that prevails again.

Still, U.S. investors were reassured yesterday evening, the tone of "minutes" of the last monetary policy committee of the Fed. This report has indeed confirmed that the U.S. central bank did not rule to use new tools of monetary easing to support growth ever more threatened. A perspective that also prompted the European markets to rebound on Wednesday morning, when he had closed the previous day on a mixed note.Also in the interests of peace, the United States, President Barack Obama said on Tuesday that the U.S. economy had a "heart attack" she was recovering at a slow pace as he prepares to unveil a new stimulus package.

On August, the Dow Jones drops 4.4%, its worst performance since May 2010.

The employment figures highly anticipated

The indices have reacted rather well to a series of indices published this afternoon.

The private sector in the United States slowed its hiring in August, creating 91,000 jobs over the month, less than expected by analysts, according to figures released Wednesday by consulting firm HR ADP.These new jobs, slightly lower than in July (109,000, revised), are lower than analysts' forecasts, which projected 100,000.

Orders for the industry rose 2.4% in July in the United States, more than expected, driven upward by the strength of the transport sector, said Wednesday the Commerce Department. Economists on average had expected a rebound 1.9% after falling 0.4% (revised from -0.8%) the previous month.

However, the index of purchasing managers in the Chicago area fell in August, slightly less than expected, while falling to the lowest since November 2009. The index published on Wednesday in August falls to 56.5 against 58.8 in July and a consensus on giving 53.5.

On the corporate side, the American phone AT & T (-3.92% to 28.46 dollars) fall while the U.S. Justice Department will oppose the proposed acquisition by AT & T, currently number two in the phone Mobile USA. Even if the group is committed Wednesday to repatriate to the United States currently filled 5,000 jobs in its call centers overseas, where green light to the acquisition challenged T-Mobile, the subsidiary U.S. Deutsche Telekom.These employees will be "well paid", assured the group in a statement, recalling that he was the only major U.S. telecom operators to accept unions in its stores.

Bank of America (086% to 8.18 dollars) is about to further reduce its scope of activity in the mortgage, by stopping the sale of mortgage loans through independent agents, said Wednesday the Wall Street Journal, citing people familiar with the matter.

Hewlett-Packard (-0.08% to 26.03 dollars) will temporarily restart production of its TouchPad Tablet, whose sales soared since the U.S. computer giant announced mid-August that he would cease to manufacture. HP announced on August 18 a sudden change in its strategy, through the cessation of production of its new tablet and its smartphones using the operating system of Palm webOS.HP also plans to separate its activities from production computers to refocus on software.

New tough session in Paris. After opening close to balance (-0.11%), ACC widened its losses in the afternoon, in response to the speech from Fed chairman Ben Bernanke. The index rose from 3045 to 3015 points in minutes. But investors quickly resumed: a comprehensive plan was not finally ends probable.Le CAC down 1% to 3087.64 points.

Earlier, the index feature of the Paris market was disappointing not welcome the publication of the second estimate of U.S. GDP in the second quarter. It rose 1% annual rate over the previous three months, said the Commerce Department, revising and down 0.3 points his first estimate of growth in the spring published in late July.Analysts had forecast a less pronounced rate revision, to 1.1%, according to their median forecast.

In Frankfurt, the Dax-30, very bumpy this week limit case and ends with a drop of 0.84% ​​to 5584.14 points after losing more than 3% in séance.À the London Stock Exchange, the FTSE- 100 finished virtually unchanged: it loses 0.02% to 5129.92 points.

Over the whole week, the ACC is, however, more than 2%, reversing some of its heavy losses last week.

Fed pushes to place an ad in September

Highly anticipated speech of the President of the U.S. central bank, Ben Bernanke does not reassure investors. In fact, Ben Bernanke has pushed the September announcement of concrete measures to support the U.S. economy. The central bank is expected to meet more fully next month, he indicated, to "discuss more fully" in the policy.Ben Bernanke also called on U.S. lawmakers to take fiscal stimulus, saying they have more flexibility than the institution.

As for currencies, the euro lost some ground against the dollar after the speech of Ben Bernanke. Around 16:30, the European currency was worth 1.4359 dollars against 1.4441 to 15 hours. As for the oil markets, a barrel of Brent North Sea crude for October delivery was trading at 110.72 dollars on the Intercontinental Exchange (ICE) in London, up 10 cents while the New York Mercantile Exchange, a barrel of "light sweet crude" (WTI) for the same maturity lost 25 cents to 85.05 dollars.

In the euro area, regardless of major macroeconomic news.This morning, the companies manufacturing have revised their forecasts down slightly investment for this year and expect a 14% increase (against 15% previously) online payday loan lenders.

The bank's head Cac 40, Peugeot sinks

Essilor International: -0.30% to 52.97 euros

Essilor International in the first semester a turnover of 2.06 billion euros, up 6.9%, the band announced via a press release issued in the edition of Les Echos to appear Friday.

Financials

The ban on short selling financial stocks on Thursday was extended to France, like Italy, Spain and Belgium, and the Financial Markets Authority (AMF) said it would review its position by late September.

This decision only briefly managed to reassure investors.If this decision technique to limit selling pressure on the sector, it does not address the fears that persist on European banks and their exposure to countries in need. After posting the largest gains of the Paris stock in early trading, financial stocks are once again very attacked: Societe Generale lost 2.82% to 21.33 euros, BNP Paribas was down 2.33% at 33, 56 euros, Credit Agricole down 1.41% to 6.419 euros while Natixis closed the show the worst performance (-4.51% to 2.686 euros).

In an interview with Le Figaro, the CEO of Crédit Agricole (-1.41% to 6.419 euros) said the group had "significant cash reserves" and "has no difficulty in financing" .

Conversely, other cyclical stocks, car manufacturers, will gradually take after opening the largest declines in the Paris stock exchange.Peugeot (-0.62% to 19.36 euros) which bought between 12 and 22 August last, about 2% of its capital amounting to 92,010,000 euros, folds to 2.03 %, to 19.01 euros. Renault wins its 0.46% to 26.32 euros.

Total: -0.73% to 32.5 euros

Total expected to present a reorganization in the fall of scale of its operations downstream, with a planned merger of its refining and petrochemicals, according to Les Echos, citing union sources.

As for oil, prices were mixed Friday morning during electronic trading in Asia, in a sluggish market, before the highly anticipated speech of the head of the U.S. central bank (Fed).In morning trading, a barrel of "light sweet crude" for delivery in October gave 10 cents to 85.20 dollars per barrel of Brent North Sea crude for October delivery took 19 cents to 110.81 dollars.

Note that APRR and Bel Cheese (1.24%, to 163 euros) will publish their interim results after market close.

The penalty was expected but it still sounds like a shock. In the night from Friday to Saturday, the rating agency Standard and Poor's (S & P) has dared to lower the rating for government debt of the United States, and deprived of their "AAA" for the first time in history . S & P said in a statement it had degraded to the next level this note, the best possible, to bring it to 'AA +'. It also lowered its outlook to "negative", which means that Standard and Poor's believes that the next time the note will change, it will be to be devalued again. The United States were rated "AAA" by S & P since the creation of this agency in 1941.They remain in the other two major agencies, Moody's Dean (since 1917) and Fitch Ratings.

Standard and Poor's, which had warned in April that it was considering lowering, justified its decision with "political risks" to see the country taking insufficient measures against its budget deficit. For her, the political debate on these issues is not up to the problems caused by a debt of more than 14,500 billion. "The plan for balancing the budget on which Congress and the Executive have recently agreed is insufficient compared to what, in our view, would be needed to stabilize the dynamics in the medium term public debt" said S & P, citing the law known as "control the budget" passed Tuesday.

S & P is the second rating agency to downgrade the American note, after the Chinese – less powerful – Dagong.Other – mostly American and French Moody's Fitch – are currently at Triple A.

The U.S. public debt to more than 100% of GDP

The first power of the world is, well, so sure before. The United States and joined Japan, Spain and Ireland have lost that status envied no fax payday loan. The loss of this seal of excellence is expected brutal impact on the financial markets, difficult to imagine right now. But while the financial world is upside down, the risk that markets continue to dive is high. The announcement of S & P comes in effect when the markets were closed for the weekend, closing on both sides of the Atlantic one week black.

China, by far the world's largest creditor United States, found that she had "every right now to require the United States to address their structural problems of debt."Second World holder of U.S. debt, Tokyo assured him that his confidence in the U.S. Treasury and its strategy of purchasing these bonds were unchanged. In France, the Minister of Economy Baroin reiterated his "total confidence in the strength of the U.S. economy."

Two days ago, the U.S. debt has passed a symbolic milestone. Because it exceeded the threshold of 100% of GDP, just after raising the debt ceiling by Congress. The United States saw their public finances sealed by the harsh recession that crossed their economy from late 2007 to mid-2009. Since then, economic growth has returned, but they are not able to restore the health of their public finances. According to estimates by the International Monetary Fund, they should acknowledge this year, with about 9% of GDP, the highest budget deficit of the G20 countries, except Japan.It is sixteen countries rated "AAA" by Standard and Poor's, four of the G7: Germany, Canada, France and Great Britain.

(With AFP and Reuters)

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– Manage the post-Fukushima

The renaissance that nuclear power seemed to promise, in the world, there are a few more months, will she be? Areva had put in a position to be a key player in the expansion of civil atom, only controlled and profitable alternative to fossil fuels and "clean" in CO2 emissions which is more. The French group and hired some 12,000 people each year to keep pace expected of its business.

Since 11 March, the situation has changed dramatically: Germany, Switzerland and now Italy, have decided to end their civil nuclear program. India, with firm orders for new reactors was expected before the summer, will surely prolong his reflection. Anne Lauvergeon refused to believe in a "nuclear winter".For her as for other supporters of the atom, the policy decisions taken today as the heat of the moment can be questioned tomorrow.

For now, the international development of Areva is at stake in the coming months, all the nuclear installations in Europe will be reviewed. Although the terms of these "stress tests" are still being defined, Areva will necessarily be at the forefront. Like Anne Lauvergeon, his successor will have to become a diplomat of nuclear power, both to reassure his interlocutors on the safety of this activity and convince them to pursue an effective dialogue with the French group.

– Restore the finances of the company

For a long time, critics of Anne Lauvergeon stigmatize poor operational management of the company and its finances in jeopardy.In 2010, the company has also accused an operating loss of 423 million euros and the rating agency has become mediocre. The group also suffers from having camped on his credo of "vertical integration", to the point of purchase, too expensive, its own uranium mines, which now require large investments. Finally, the action Areva is listed in this form since May 30, has lost nearly 15%.

– Pacifier relationship with EDF

Relations have never been easy between the two companies, they have become abominable between Anne and Henri Proglio Lauvergeon, CEO of the utility since the fall of 2009. Regularly called to order by the state, their shareholders to both, the two companies to work together STRIPS sentenced last fall to formalize a strategic partnership.

All aspects of collaboration are concerned, the supply of uranium to the reprocessing of spent fuel, to building new reactors. But the various working groups have not yet yielded any conclusions. Again, the management of Areva will be watched around the corner. Luc Oursel will be on a narrow track of restoring harmonious relations with EDF, without appearing the vassal.

Seen from the Elysee, the issue is crucial because it is to harmonize relationships within the French nuclear industry to win export contracts. Without compromising the ability of Areva to sell only his skills to other electricians global EDF's competitors.

– To service the Finnish EPR

It's really cursed the site for Areva. The new generation of reactor Olkiluoto 3 should have been operational in 2009. It will not be before 2012.His bill, expected around 3.5 billion euros, has appreciated by 3 billion euros, lead accounts Areva. The company – which has staked his credibility by taking on the project management of this project – no longer has the right to make mistakes. The EPR is the cornerstone of its international development. And it is that Luc Oursel return the task to make a successful export, arguing its assets in terms of safety.

At the same time, the new leader of the nuclear group will tackle the launch of the TDD, a new medium-power reactor that. Through this case is the ability of the company to expand its portfolio of facilities that will be tested.

Clementine Autain: temptation by HR Cadremploi

What is interesting with media characters is to find them a secret mission to which they would not have necessarily thought. Clementine Autain, feminist, anti-liberal and managing editor of the magazine has a Glance want discreet. If one day she was deprived of political activism, it would work well in the human resources function. And after all! She is interested in social issues, she is very concerned with equality at work, she has ideas to fight against unemployment and it is associated with the destiny of the Cooperative production of the magazine she runs.

When asked if she would host seminars to help women assert themselves, to develop gender equity and equality in relationships at work, she smiled, almost shy and surprised at his desire, as if that gave him perspective ideas. Clementine Autain consultant and trainer? Why not! She has the belief, it has a name that many would envy his management consultants, it has the social fiber.

With her straight talking, his capacity for argument and a sense of organization that may be suspected in any militant leftist and broke the agitation propaganda, I am increasingly convinced that Clementine might Autain to serve HRD of a real capacity for conducting seminars and training. Provided that subjects the rally. No question it, of course, training in financial markets or the implementation of a social …

Consultant yes, but with principles and fees that could finance the activities of his newspaper, Regards. So, Clementine Autain, when you run?

With the boom in smartphones, iPhone in mind, insurers are facing a surge of claims. "All insurance plans for mobile phone are deficient because of the iPhone," said one trader. "We are facing both an increase in claims frequency and higher average cost of claims. All this weighs on the technical results, "says Catherine Lanson, communications director of SPB, broker manager at France's leading insurance mobile and handheld products.

On smartphones losses reach 35% against 20% on standard phones. As the average cost, it has doubled from 300 to 600 euros. "Besides the iPhone is over-represented in the portfolio of insurers with respect to its actual weight on the market as it is expensive, it is more fragile and he steals, consumers are more likely to sure, "says Catherine Lanson."Currently, 80 to 90% of claims relate to smartphones," says Anne-Laure Commault, director of mobile offerings from Orange.

Fragile

The case is the main source of complaints: it represents two thirds of claims against a third flight. All operators, claims related to breakage cost 400,000 euros and 200,000 euros for the flight. More fragile than previous generations of mobile clamshell or slider, smartphones with their large touch screen does not forgive the fall or landing in the toilet. This is the case of the iPhone 3 and the iPhone 3G, whose screen break if dropped on the pavement without protection payday loan lenders.Apple has taken this into account on the iPhone 4, where he worked the robustness of the screen.

Today, 6 million French people have provided their mobile phones: 4 million have taken insurance directly from their operator, 500 000 are insured through their bank, and $ 1.5 million through specialized distribution or retail. The rate of insured, reduced to 60 million mobile users, remains low but is rising sharply.

30 to 130 euros per year

Insuring your smartphone costs from 30 to 130 euros per year. Operators and insurers all offer forms for 3 euros, 6 euros or 9 euros per month, depending on the reimbursement ceiling. Despite the explosion of claims, they do not include higher insurance premiums. They rely instead on technological advances that help block mobile in case of theft, making it useless.On breaks, they play a tougher enforcement of the contract. Mostly, they try to stop fraud, which, estimated between 20% and 25% is huge. "Coincidentally, we note the real peaks of claims before the release of a new generation of iPhone," says Catherine Lanson. Insurers are now replacing broken or stolen laptops with identical phones reconditioned. One way to deter misrepresentation!

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The markets took fright on Friday night after a new European cacophony. Greece had threatened to leave the euro in discussions with the European Commission, reports the website of German magazine Der Spiegel quoted a government source in Berlin. The major European capitals have refuted this information.

"These items are a challenge, undermine the effort of Greece and the euro and serve speculative games," said the Greek finance ministry said in a statement. "We did not discuss output of Greece in the euro area, we all think it would be a stupid option," added the president of the Eurogroup Jean-Claude Juncker. "The assumption of an outflow of Greece to the euro area is completely fanciful", also assured Bercy.

Despite denials by the French, German and Greek, the single currency accelerated its decline against the dollar.Friday night shortly before 22:30, the euro lost nearly 1.4% to 1.4338 dollar. Rumor sign a new stage, and this information is disturbing. It is not surprising that the euro will weaken, "said one analyst at a U.S. bank. At the same time, the cost of insurance against a collapse of the Greek debt ("Credit default swaps, or CDS) jumped from 74 basis points to a record 1,370 basis points, according to Markit.

Meeting in Luxembourg

An emergency meeting, was held between some finance ministers from the eurozone. Jean-Claude Juncker as a German government source quoted by AFP on Saturday, it was denied solely on Greece.

"These are meetings that take place at irregular intervals, and mainly" the members of the euro area as the G20, such as France, Germany and Italy, the source said German.It argues, the discussions covered a wide variety of topics, including the regulation of financial markets, with Portugal, but also the financial situation of Greece. The Greek Finance Minister George Papaconstantinou also confirmed to have attended the meeting Friday.

A debt restructuring envisaged Greek

According to the Greek press on Saturday, new support measures have been studied. The financial daily Naftemboriki referred to the lengthening of bonds maturing this year and in 2012, leaving Greece a breather. According to another newspaper, Kathimerini, the objectives of reducing the public deficit could also be pushed back two to four years, or interest rates in exchange for an extended break of two years, during which the country does not pay interest.

Contradictory statements are troubling indeed the euro area in recent weeks about a possible debt restructuring Greek. Lars Feld, one of economic advisers to Angela Merkel, considered by example on Sunday that the restructuring is "the only way forward so that Greece is a little relieved that creditors and help to solve the Greek problem." Jean-Claude Juncker for his part assured that this option had been ruled Friday. While stating that the possibility of a new adjustment program would be discussed at the next meeting of the Eurogroup on 16 May.

Each has experienced: it is always extremely difficult to move from average to a respectable level of excellence, whether you are a pianist or a tennis player. The same is true for nations attain the status of "rich country" is not a foregone conclusion. Even when recording a growth of 10% per annum, and for three decades, which has enabled the Chinese to multiply their individual standard of living in a little over a generation.

Economic development is certainly not an exact science, but the trees do not ascend to heaven. Even in the jungle of state capitalism. There is no example in history where the growing disheveled inflected not only from a certain stage.By examining the career of some forty countries since the Second World War, Barry Eichengreen, Donghyun Kwanho Shin Park and discovered that the expansion slows inexorably past the threshold of 16,740 dollars to the GDP (gross domestic product) per capita. Anxious to establish historical comparisons, the three economists have reduced all data in constant currency (dollars at 2005 prices). Their study is published by the NBER (When Fast Growing Economies Slow Down: International Evidence and Implications for China).

This law, the French and their European neighbors have suffered in the early 1970s. In France, 1973 has been the hinge, GDP individual having reached 16,904 dollars. Over the past seven years – the reign of De Gaulle and Pompidou – per capita growth was galloping at a rate of 4.6%.She fell to 2.2% during the seven-year following that of Valery Giscard d'Estaing, a decrease of 2.4% of scheme. The United States had known since 1968 a reversal of the same nature and magnitude slightly higher (2.5%, according to calculations by three economists).

This break in France coincided with the first oil shock, which our countrymen seem to have still not delivered. Since then, it has ceased to lament the state of "crisis". The French have not realized that they had recently experienced a "golden age a quarter century of rapid growth inaugurated by the Marshall Plan and the postwar recovery," said Barry Eichengreen and his two confreres . Fourastie what John called the "Thirty Glorious Years".

China has a number of vulnerabilities

The scenario is in reality always the same: the reconstruction periods are marked by exceptional productivity gains.They do not constitute a sustainable standard. Farmworkers become industrial country imports the new technologies which increase its effectiveness. But once this revenue exhausted, we must innovate and find other vectors of prosperity. Furthermore the threshold of 16,740 dollars, the three economists put forward another concept: things become more difficult when a country obtains a level equivalent to 57% of GDP in the most advanced economy, one that portrays "on the technological frontier "(the United States in this case).

For its part, China still seems quite distant from these two criteria, especially the second (the Chinese GDP was only 19.7% that of the U.S. in 2007). But should it maintain its annual rate of 10%, it would affect the level of fateful 16,740 dollars per capita in 2014. The danger zone is reached in just three years.Barry Eichengreen prognostic so that "a significant slowdown in Chinese growth is imminent."

It is even more positive that China presents to him a number of vulnerabilities, making the course more difficult to cross than others. The observation of the forty countries studied shows that the transition is particularly difficult for a country to an authoritarian political regime, the industrial workforce is over 20% of the workforce and has a weak currency. Korea offers the previous "one centered on manufacturing exports and helped by an undervalued currency, with a consequent sharp fall in its expansion in the 1990s, culminating in the 1997 financial crisis.

Brazil is a land of opportunity

The study envisages a significant shift for China's annual growth would average between 6.1% and 7% over the decade, and would fall another notch (5% to 6.2% between 2021 and 2030 ). Barry Eichengreen believes that "Chinese authorities are convinced that a slowdown will intervene." Beijing seems sincere when he sets a target of 7% annual growth for the five-year plan 2011-2015.

The new emphasis on domestic demand and services, instead of all bet on the industry and export, is designed to circumvent the curse that threatens the country catch up. Many of them never get out of the "middle income trap" (around 16,500 dollars) for lack of a successful transformation.What they think the French have managed to "obtain the status of high-income countries" and since 1973 the GDP per capita has more than doubled. However, this is not the case in Latin America, said Barry Eichengreen. "Brazil is a country of the future and will remain" in the words attributed to General de Gaulle in the 1960s.

The return of the long weekend of Easter is prudence in the Paris Bourse. Closed since Friday, the latter has only indication for a mixed close on Wall Street Monday and wait very pronounced in Asia on Tuesday morning. The Cac 40, which had just managed to stay above the figure of 4,000 points on Thursday, started on a slight decline from 0.19% to 4014.29 points. But the trend was reversed in late morning. A trend that has strengthened over the meeting, the Cac 40 ended the session on a gain of 0.55% to 4045.29 points.

Even movement on other European markets: the London Stock Exchange up 0.83% to 6068.06 points and the German Dax-30 rose 0.85% to 7357.40 points.

Publications Burst

As expected, the meeting was very volatile, while many major publications are expected in the United States.The Case-Shiller housing index fell further in February (-1.1%) compared to January, its eighth consecutive month of decline, and also shows a decline of 3.3% compared to February 2010 . Analysts polled by Reuters on average expected a decline of 1.0% a month on another after -1.1% in January (revised from -1.0%), and 3.3% of year to year. Conversely, the consumer sentiment starts again from the front, but off its sharp drop the previous month.

On Wednesday, markets will pay close attention to durable goods orders and especially the Fed decision on rates. Thursday will be marked by the first estimate of U.S. GDP in the first quarter, while Friday is expected the Chicago PMI.

Side business publications, many American trucks reveal their quarterly earnings, including 3M, Amazon, Ford, Microsoft, or Caterpillar.The French will not be left with, among others, Renault, Seb, Klepierre, Bull, Safran, Saint Gobain and Total.

Side currency, the euro lost ground against the dollar on Tuesday. By late morning in Paris, the euro bought 1.4609 dollars against 1.4572 dollars late Monday.For their part, oil prices retreated in Asian electronic trading, a barrel of light sweet crude for June delivery lost 91 cents to 111.37 dollars and that of Brent North Sea falling by 66 cents to 123 dollars.

Air Liquide is better than expected

Michelin: + 5.10% to 66.95 euros (largest increase in the ACC)

The group said Thursday it would raise its target volume growth throughout the year if sales continue at levels experienced in the first quarter, which was marked by a turnover in excess of expectations.

Renault: + 2.72% to 39.44 euros

Nissan, the partner of the manufacturer, said Tuesday that its production in Japan would fall by nearly 60% in April 2011 over April 2010.Moreover, the South Korean affiliate of French (Renault Samsung) and Hyundai Motor will recall over 100,000 vehicles because of manufacturing defects, said Monday the Department of Transportation in Seoul.

Despite these announcements, the manufacturer is among the highest increases in the CAC 40.Peugeot is also well oriented with a gain of 3.96% to 30.34 euros.

Areva unchanged at 31.05 euros, GDF Suez: + 0.63% to 27.32 euros

Both groups must announce within weeks a partnership in offshore wind to meet a tender of 10 billion euros to be launched in France in May, reported Tuesday the daily Les Echos.

Saffron: + 1.83% to 24.49 euros

Six years after the founding merger between Snecma and Sagem, Safran Thursday changed its governance to return to a traditional organization, the Chief Executive Jean-Paul Herteman becoming CEO

Air Liquide: + 0.50% to 98.39 euros

The group announced Tuesday a turnover of more than-expected first quarter and confirmed its forecast an increase in net profit this year.World number one industrial gas produced a quarterly revenue of 3.543 billion euros, up 8.8% excluding currency and natural gas.The only gas and services division posted growth of 11.4% on a comparable basis to 3.185 billion.

Technip: + 0.52% to 76.80 euros

The group won, through its subsidiary, KTI, a contract for ten superheated steam generators for the first phase of an oil sands project in Canada.

Scor: + 1.98% to 19.80 euros

The French reinsurer acquired Transamerica Re, the U.S. division of the business mortality Dutch insurer Aegon, for 630 million euros, becoming the second life reinsurer in the U.S., according to a statement.

Eurazeo: -0.26% to 56.65 euros, OFI Private Equity Capital: 12.91% + 10.41 EUR

The investment company said Tuesday the acquisition for 132 million euros of OFI Private Equity Capital, an investment company that specializes in French SMEs currently controlled by the mutual insurance group Macif.

Biomerieux: + 0.37% to 73.56 euros

The group published a turnover up 3.5% in the first quarter.

Valeo: 1.61% to 42.36 euros

The group said Thursday sales rose sharply in the first quarter and said he was confident he will continue to grow faster than the market in 2011, but did not detail his ambitions for the full year.

ADP: + 0.46% to 63.64 euros

The group said they had been exploring the possible sale of the control group Alyzia specialized in ground handling operations for airlines and airport security.

First A380 to Montreal

Air France-KLM: + 1.17% to 11.63 euros

The first Airbus A380 carrying the scheduled Air France between Paris and Montreal landed Friday at the PE airportMontreal Trudeau.

Europacorp: – 8.17% to 4.37 euros

The group has once again launched Thursday a warning on its results 2010-2011, warning that the expected loss for the year would be greater than those anticipated by the market, partly because of new provisions.

L'Oreal: -0.02% to 85.66 euros

The general meeting of shareholders on Friday renewed almost unanimously the appointment as director of the heiress Liliane Bettencourt group, 88 years, for a period of four years.

The U.S. stock market should open up on Wednesday. Futures on Standard Poor's 500 and Nasdaq 100 advanced in effect respectively from 1.14% to 1323.50 points and 2336.50 points to 1.10%. Tuesday, despite a warning issued recently in the United States on sovereign debt, the New York Stock Exchange was closed in the green. The market had been carried by a handful of positive indicators, including the rebound number of building permits granted and housing starts in the U.S. in March, and earnings above expectations of Goldman Sachs and Johnson & Johnson .The Dow Jones gained 0.53% to 12,266.75 points, the Nasdaq 0.63% to 2306.77 points and the Standard & Poor's 0.57% to 1312 points.

On the foreign exchange market, the single currency rebounded, returning more than $ 1.44 the day after a sharp decline, helped by faster growth in activity in the euro area in April and the success of a Greek bond issue. Around 11:20 in Paris, the euro stood at 1.4477 dollars against 1.4334 dollars late Tuesday.

For his part ounce of gold surpassed $ 1,500. The yellow metal has in fact touched 1,500.70 dollars in Hong Kong Wednesday. His role as a safe intensifies as inflation and pressure on European and American debts are increasing.

On the macroeconomic front, except the American flag on home resales in March, no other figure is expected.However, corporate earnings will continue to lead the market.

Light on the technological

The side of values, the technology sector should indeed be at the party after the right figures published by two American giants, Intel and IBM-have for the first quarter pleasantly surprised investors by announcing better than expected results.World No. microprocessors, Intel has indeed released Tuesday after the close of Wall Street net income up 29% and higher expectations for the first quarter to 3.2 billion, a figure matched business "record" due to strong growth in all sectors.

For its part, the Internet portal américainYahoo! always said Tuesday after closing a marked decline in its profit and its turnover in the first quarter, mainly because of falling revenue from sponsored sites. The benefit of Yahoo has far exceeded analyst expectations of $ 223 million (-28%). The group's turnover fell from 24% to $ 1.24 billion.

Also note, according to Bloomberg, Bank of America (BAC) may split its private equity division estimated at 5 billion.For his part, Polaris Industries (PII) announced the acquisition of Indian Motorcycle for an unspecified amount.

Core Laboratories of his side recorded a first quarter revenue of $ 207 million up 10% over a year and expects a turnover of 215 to 220 million dollars for the second quarter.

CSX Corp. has announced first quarter earnings of $ 1.06 per share up 36% over a year and a turnover of 2.8 billion up 13%.

Juniper Networks also unveiled for the first quarter earnings per share of $ 0.32 and revenue of $ 1.1 billion up 21% year on year.For the current quarter, Juniper visa earnings per share 0.31 to $ 0.34 and sales from 1.13 to 1.18 billion dollars.

NRG Energy has announced its withdrawal from Phases 3 and 4 of the South Texas Project, and will depreciate its entire investment in Nuclear Innovation North America in the first quarter for $ 481 million before taxes.

Today investors expect another round of quarterly results to Wall Street. They watched figures including United Technologies, AT & T Wells Fargo or American Express.