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Danone raised its sales growth target for 2010 after the publication of its results for the first half Tuesday. The group recorded an increase in its turnover by 7% over the period (6.9% in the second quarter) to 8.364 billion euros. Danone now expects growth in sales of "at least 6%," cons "at least 5%" previously.

Current operating margin stood at 15.30% in the first half, against 16.03% over the same period in 2009. The band announced target for the whole year stable margins on a comparable basis compared to 2009. The operating profit amounted to 1.28 billion (against 1.2 in the first half of 2009).

The current net profit climbed 10.1% to 848 million euros.

Danone also aims to increase free cash flow from operations of at least 10% compared to 2009 historical data.

"A good start to the year"

Group CEO, Franck Riboud, speaking of a "good start to the year" and that Danone announces in particular will continue "to invest in developing countries, products and brands with strong potential: Child Nutrition in Asia, the Fresh Dairy division in United States, Brazil, Russia.

"At the same time, he adds, we are continuing our efforts to improve productivity, essential to cope with the volatility of our raw materials." Third key point, Franck Riboud said that "cash generation continues to grow strongly."

The CAC 40 has struggled to define a trend on Friday. The meeting has been volatile, rising succeeding downward and vice versa. Halfway through, the ACC showed an increase of 0.54% to 3619.85 points after opening down 0.13% to 3595.66 points. Before switching to newcomer to build in the red to 16 hours under the 3600 points. Finally, ACC closed with a gain of 0.18% to 3607.05 points.

Elsewhere, the indices have evolved piecemeal. The London Stock Exchange, which opened down 0.37%, ended on a note steady at 5312.62 points. The DAX index of the Frankfurt Stock Exchange, which had also started the session on a decline of 0.27%, finished with a gain of 0.39% to 6166.34 points.The Madrid Stock Exchange, where banks are under pressure as the newspaper El Pais said in its edition today, regaining ground with a rise of 1.07% against -0.54% in early trade.

The waiting game surrounding the publication of results of stress tests of European banks calls for caution investors. On the currency markets, the euro back a bit against the dollar, under $ 1.29.

Asian markets have them selected more strongly green this morning. Yesterday, U.S. markets have done a great meeting at which time the Dow has gained almost 2%, relatively insensitive to the announcement of a surprise increase in weekly unemployment registration.

Consumption of French decline

In terms of macroeconomic statistics, the session looks very calm.No major indicator is expected in the United States.

In France, the French household consumption of manufactured goods fell 1.4% in June after the previous month was supported by purchases of televisions before the World Cup, according to figures published by INSEE before the opening markets. Throughout the second quarter, it shows a decrease of 0.9% after falling 1.9% on the first three months of the year. Analysts on average expected a rise of 0.2% in June

INSEE also believes that the request to industry has increased significantly in the second quarter but is expected to decline in the third.The balance measures the views of industrialists on the past evolution of aggregate demand was 9 in the previous survey in April to 17 in July, and 4-14 for foreign demand.

In Germany, business climate has improved significantly more than expected in recent weeks. The Ifo index rose to 106.2 against 101.2 in June (revised from 101.1 in the initial estimate) last month. Economists and analysts had expected decline to 101.6.

TF1 jumped after its results

Stress tests, however, occupy the banking sector.BNP Paribas (-0.06%), Societe Generale (+0.08%), Credit Agricole (-1.11%) and Natixis (+0.10%) are unsure about what direction to take.

Moreover, the markets will again this session to analyze several quarterly publications:

TF1 (6.41% to 12.45 euros) announced before market advertising revenues up 11% in the first semester for a total turnover of 1.28 billion euros, above consensus. Net income group share was 74 million euros over the period. The objectives are significantly revised upward with a turnover in 2010 rose by 7% instead of 4%.

STMicroelectronics (-3.58% to 6.49 euros) reported Thursday a profit above expectations at 18 cents per share, with sales up 27% to $ 2.53 billion.Analysts on average expected a profit of 14 cents per share and a turnover of 2.513 billion dollars.

Pernod Ricard (-2.34% to 62.61 euros) a statement on Thursday its forecast annual operating profit thanks to the improved economic environment and its position in emerging markets.Its turnover in 2009-2010 emerged, up 2% on a comparable basis.

Ubisoft (-0.07% to 6.97 euros) issued a revenue increase of 94% in the first quarter of 2010-2011, to 161 million euros and confirmed its objective of a sales draft 160 million for the remainder of the year.

BioAlliance Pharma (0.91% to 5.53 euros) announced a record turnover of 15.2 million euros in the second quarter against 1.5 million a year earlier, after recording in April in U.S. Loramyc, headlight treatment of fungal infections in patients with oral cancer or AIDS.

As for ads, Alstom (3.73% to 38.55 euros) said it had won contracts valued at about 450 million euros for the construction of two units for a combined cycle power plant in India.

Air Liquide (1.15% to 87.78 euros) announced Friday the signing of a new contract with Russian steelmaker Severstal for investments worth 50 million euros in total.

Legrand (1.86% to 25.68 euros) Thursday announced a takeover offer for Indo Asian Switchgear India, where he produced nearly 4% of its annual turnover after the acquisition. Indo Asian Switchgea aims for 2010 sales of more than 35 million euros.

Maurel et Prom (0.53% to 9.45 euros) announced Thursday it had increased to approximately 70 million euros the amount of its issuance of convertible bonds to five years following the full exercise of the option overallotment.

The EPR, the flagship of the French nuclear technology, today faces an unprecedented wave of questions. After the failure of tendering Abu Dhabi and pending report Roussely devoted to the articulation of the French industry, design, price and export capacity of this tool crystallize debates . To the point that some observers, the EPR would already hit the "syndrome Concorde: a powerful engine sure, but difficult to assemble, expensive and unmarketable credit report.

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 U.S. stock market, resumed a little height on Wednesday. The Dow Jones gained 0.16% and the Nasdaq 100 rose 0.56%.

On Tuesday, world stock markets were down, investors preferring to play the card of caution after the euphoria on Monday to adopt a rescue plan record eurozone.

In New York, Wall Street, after a volatile session, ended without a clear direction. The Dow Jones lost 0.34% but the Nasdaq has gleaned 0.03%.

In Asia, after the euphoria of Monday, markets showed frank declines, dropping 1.14% Tokyo, Shanghai, registering its lowest level in a year and Hong Kong is also in decline.

The euro erased its rebound

If the map of European aid, worth up to 750 billion euros, reassures markets in the short term, many questions remain, particularly on longer-term impact of these measures.Sign of the nervousness and doubts of investors on the foreign exchange market, the single currency, a barometer of the crisis in the eurozone, is moving in the morning to around 1.265 dollars, erasing Monday's rebound that had propelled briefly above the bar $ 1.30. Uncertainty room also has propelled gold to above. The ounce of precious metal has reached 1235 dollars in Hong Kong on Wednesday morning.

Growth in the euro zone came out at +0.2%, in line with expectations of economists. In contrast, French growth was limited to 0.1% against 0.5% in the fourth quarter of 2009. Economists were expecting 0.3%.

In the United States trade deficit continued to widen in March to its highest level since December 2008, according to figures released Friday by the Commerce Department in Washington.It rose 2.5% from February, to $ 40.4 billion (when adjusted for seasonal variations), the ministry said.

Investors will also monitor around 16:30 the traditional weekly crude oil inventories.

Oil prices hovered around equilibrium Wednesday at the opening of trade in New York. On the New York Mercantile Exchange, a barrel of light sweet crude for June delivery traded at 76.13 dollars, down 24 cents from the previous day.

Values follow

On the side of values, the U.S. company General Motors (GM) plans to get back into the auto financing, either by buying out his former division of loans, the former Ally renamed GMAC Financial, is launching a new company, understands the Wall Street Journal.GM sold its controlling stake in its former finance division in 2006, which represents a disadvantage compared to competitors who have a home finance division, the newspaper said.

The American group of media and entertainment Walt Disney Company on Tuesday said net income up 55% for the second quarter of fiscal year to offset $ 953 million, thanks to the success of the film "Alice in Wonderland."

Also noteworthy is the video game publisher Electronic Arts has announced a profit of $ 30 million, or 9 cents per share, against a loss of 13 cents last year.

NRJ Group may blow. In a difficult economic environment in 2009, the broadcasting group announced on Thursday a return to the green with a net profit of 6.8 million euros against a loss of 4.6 million euros in 2008. Revenues excluding exchange operations declining slightly by 0.4% to 330 million euros. The news, however, may not be appreciated by the markets. These projected a net profit of 15 million euros.

For its part, NRJ Group is satisfied with these results. The group managed to improve its operating performance with a net operating profit up sharply from 38% to 25.4 million.Operating income for the handset business, which had sealed the results of their 2008 deficit of 9.5 million, were not disclosed.

Cleopatra and the TNT derive results

NRJ Group finds particularly strong improvement in the poles and television shows. The first saw its revenues rise by 75.6% to 43.9 million euros through the two channels of the TNT NRJ 12 (third string DTT) and NRJ Paris. The group managed to reduce its operating loss in this sector to 15.8 million against 22.7 million.

The cluster performance makes the best performance with an increase of 712% of its revenues in 2009 to 26.8 million euros against 3.3 million a year earlier easy pay day loans !!!???!!!? ??!!!."This strong growth mainly due to the success of the musical Cleopatra whose contribution to consolidated sales amounted to 25.0 million euros in 2009 compared to 0.5 million euros in 2008" , the company said.

In contrast, the pole Media music has suffered a fall of 15.7% of its revenues to 197.9 million euros.International operations also saw their incomes fall by 9%.

Improvement for

For 2010, the group was cautious in a "fragile economic environment" and a "visibility remains low.

But positive signals are detected including "an improving trend on advertising revenues in March, thanks to sales growth in Radio France, which could therefore register growth in the first quarter of 2010 compared 1st Quarter 2009 ".

"In television, the trend remains strongly positive since the beginning of the year," the statement concluded.

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The NYSE is concerned. After closing at its highest since 18 months yesterday, the U.S. markets begin the meeting this Wednesday in the red. At the opening, the Dow Jones coward 0.23% to 10,826 points, the Nasdaq fell by 0.36% to 2406 points. The S & P is also losing ground: -0.35% to 1,170 points. The remote Greek crisis worried now overseas. To these doubts was added degradation by the rating agency Fitch of Portugal. Investors expect the EU summit tomorrow with more anxiety.

The new real estate undermines morale

Side indicators, the Commerce Department has issued orders for durable goods in February increased 0.5% from janvier.C is somewhat less than expected.

Later, the numbers of home sales, but new this time for February will be announced.Then came the weekly U.S. oil stocks, provided by the Department of Energy. Stocks expected to rise, which was lost over a dollar on oil Wednesday.

"The new home sales should remain very depressed. While sales in the former have declined less than expected, but in February they returned to their lowest level since 8 months, says it at Aurel bcg. The nine are still suffering the competition of the old and foreclosures. Inclement weather does not argue for a pleasant surprise on this indicator no credit check payday loans .But this figure is already bad clearly anticipated by the markets. "

Adobe in the viewfinder

Adobe Systems announced late Tuesday quarterly results for its 2009-2010 fiscal year better than expected and also reported predictions of the second quarter exceeded expectations.

MF Global has announced that the former governor and former chairman of Goldman Sachs, Jon Corzine, has been appointed executive director of the group.

In the property sector, Lennar has sharply reduced its quarterly loss, and assured to be on track to return to profit this year.

ConocoPhillips said Wednesday that it would halve its 20% stake in Russian oil Lukoil.

General Mills on Wednesday posted earnings per share (EPS) of 96 cents for its third fiscal quarter ended February 28, cons EPS of 85 cents a year earlier.

Dell targets a turnover of five billion dollars in China in 2010, according to CEO Michael Dell.

On the foreign exchange market, the dollar rose to its highest level in ten months and a half, about 1.34 dollar per euro, against a single currency penalized by the fact that the European Union (EU) could agree on an action at the International Monetary Fund (IMF) to stem the crisis in Greece.

"The results of Haulotte Group in 2009 were logically impacted by the decline of almost 75% in world market volume of the car compared to 2008, according to a statement. Indeed, accounts of the number one European lift platforms people have gone into the red in 2009, posting a net loss of 55.7 million euros at the end of the financial year, against a net profit 31.9 million euros at end 2008.

The current year promises nothing good, "in the absence of any tangible sign of market recovery early this year. The group led by Pierre Saubot decided to focus its attention on reducing the need for working capital and to control its fixed costs.The focus on commercial areas "more potential" will also be intensified.

Maintaining market share

Last year, net debt was reduced by more than 15 million euros thanks "to the sharp drop in volumes produced" instant payday loan . The group's cash at December 31, 2009 amounted to nearly 66 million euros.

Major European and American renters have hardly invested in 2009, but Haulotte Group has maintained its market share in Europe while growing in Asia and America.

Haulotte Group will pay no dividend for 2009.

According to preliminary information provided by the sector for 2010, the year is still difficult, even "if the worst is now behind us.""The rental companies remain cautious about their investments and should carry out spot purchases and replacements to the fleet in view of utilization still low and rental rates under pressure," Gilbert Dupont analysis.

This time it's official: the Dutch Spyker has concluded an agreement with U.S. giant General Motors (GM) to her resume its Swedish subsidiary Saab.

Until this agreement, the case n Saab has stopped bouncing. While the U.S. giant General Motors said in December that it simply shut its Swedish subsidiary Saab lack of buyer, the Dutch Spyker Cars was returned to office with an offer the last chance. Rumors surrounding the conclusion of this agreement have been numerous throughout the day. Spyker very careful not wanting to comment on reports that circulated in financial markets.

Spyker Trading suspended

Despite this caution, speculation quickly swelled Tuesday.So much so that the Netherlands Authority for Financial Markets (AFM) has decided to suspend trading in the Spyker action on the exchanges of Amsterdam at 12:45 GMT and that "until further notice" creditreport . The title of the Dutch manufacturer had gained 2.8%, to 3.90 euros before the intervention of the regulator. The AFM said it was awaiting the publication of a statement by Spyker, to clarify the situation.

Spyker is the only candidate for the acquisition of Saab. The group would put 400 million dollars on the table in cash (74 million) and shares (326 million) of the new company that emerged from the sale, according to sources familiar with the matter. Take it or leave it. Leaders from General Motors and Spyker met last Friday in Stockholm to address the remaining points of detail, reports U.S. magazine BusinessWeek.In particular, future production plans for this "new Saab.

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The French do they realize the inevitability of the efforts to achieve a satisfying retirement? This suggests that a poll published Sunday in the JDD. According to this consultation Ifop *, breaking with previous surveys on the subject, 41% of respondents said they were ready to contribute more to retire as soon as possible. The average age of starting accepted amounted to almost 62 years, one third of respondents saying the same for departure between 65 and 69 years. A first. Because of this development, the level of concern by the amount of future pensions continues to grow, 76% of respondents reported little confident, against 61% a little over a year.

If the French are therefore more willing to make sacrifices, they do show, however, little lenient with successive governments.They are in fact 40% believed that the pension system has not really been up to this reform, while 48% believe that those assets have gone done the wrong way.

An instructive survey, a few months of a new launching system. The Head of State has chosen last year to advance the timing of the pension reform from 2012 to 2010. If the CGT said the current system "viable", the secretary general of the CFDT Fran?ois Ch?r?que decides in contrast to the introduction of a points system, more personalized than the current system, as was done in Sweden. For now, the government appears not convinced, saying the country had recently suspended the system. If considering a reduction of the legal age of retirement now set at 60 years, a dues increase does not seem so far not in the agenda.

* Conducted the 7 and 8 January on a sample of 1019 persons, representative of the French population aged 18 and older, including 522 active. Quota method. The interviews were conducted by telephone at residence of respondents.

The government wants to encourage companies to early negotiations on stress at work. Introducing an emergency plan after the highly anticipated series of suicides among France Telecom, Xavier Darcos acknowledged that governments had "underestimated" the issue and requested that "each company will grasp the subject." According to a poll released this week, 66% of French assets say they feel more stress in their profession.

Specifically, the Minister of Labor hopes that discussions begin before February 2010 in the 2,500 companies with more than 1,000 employees. He also expects that "either declined the inter-national agreement, signed in late 2008, which aims to" increase awareness and understanding of workplace stress, employers, employees and their representatives. "An initial assessment will be completed in February 2010, said Xavier Darcos to the sides, meeting within the Council guidance on working conditions (COGT).

Denunciations Internet

Even if "nothing is excluded, the appeal of the Minister of Labor is however subject to any affirmative duty, regretted the unions. "The first penalty is transparency," said Xavier Darcos justified. "We publish on the Internet list of companies that have negotiated those who did not negotiate, if any, but I would not recommend, and the results of these negotiations and good practices" to implement, he said."Given the pressure of public opinion, transparency is a very good solution," he still tried.

The government has not provided real steps beyond the business of more than 1,000 employees, hoping that their actions will serve as a model for others. Xavier Darcos however called for "shares information on the psycho-social risks" within the SME and SOHO. "For companies engaged in a process of restructuring, the ministry requires however taking into account psycho-social risks. And a monitoring unit will be established to "coordinate" and "impulsive" actions to prevent stress at work.

These different elements will be incorporated under the Occupational Health Plan to be developed "by the end of 2009."