Asian markets exhibit beautiful colors on Monday morning. At the close, the Nikkei in Tokyo gained 1.05% to 8603.70 points, while the Japanese government reported this morning with a GDP increase of 1.5% in the third quarter, supported by a rebound in exports and consumption. Japan is thus related to growth after three quarters of recession. The action Olympus, down from the revelation of corporate scandals, also rebounded to 17.39% on hopes of non-radiation title
In China, the Hang Seng in Hong Kong ahead of 2.27% to 19,571.36 points and the Shanghai composite index of 1.82% to 2526.15 points.Securities Want Want China Holdings Ltd (7.85% to 7.56 Hong Kong dollars) and Tingyi (Cayman Islands) Holging Corp (1 paydayloan.91% to 21.30 Hong Kong dollars) will be integrated into the index Hang Seng early December.
The markets also monitor developments in euro area at the front of the sovereign debt crisis. In Italy, former European Commissioner Mario Monti has been appointed new Prime Minister last night and must form a new government who will redressser the country's finances.
Tokyo ready to increase its aid to Europe
Japan has also said this weekend be prepared to increase its financial aid to Europe when the European countries have expressed their willingness to fight against their debt problem with a united front.
14 Oct
After a session with no major issues on Wall Street, marked by a slight decline of 0.30% S & P500 at 1203.66 points, and an increase of 0.60% of Nasdaq, at 2620.24 points, the equity markets Americans are again expected to rise for the last weekly session. Going against the Asian markets but in the wake of the Paris market, futures contracts on the S & P 500 and the Nasdaq advancing to 13.15 0.88% and 0.83% to 1208.40 and 2345.25 points.
However, this increase could be fragile. Investors may be tempted to take some of their gains after an increase in the Dow Jones 7.7% since the start of the week. Despite disappointing indicators in China (record deficit and a slowdown in trade surplus), U.S. carriers have in fact largely welcomed the progress of the week on the back of the Greek debt.
Uncertainties before the preparatory meeting of the G20
Once again, they will therefore be watching much of the session on the other side of the Atlantic, in Paris, which starts tonight and tomorrow until Saturday the preparatory meeting of G20 finance for the Cannes summit of November 3 and 4. The day after the green light by the Slovak Parliament to strengthen the European Financial Stability Fund (EFSF), European markets are waiting for concrete proposals to resolve the debt crisis in the eurozone. An expectation that the more salient, despite the slight relief seen this week on this subject, fears have resurfaced, with degradation that night by Standard & Poor's to the next level of the sovereign rating of Spain, "AA – "combined with a negative outlook.The rating agency's estimation likely further deterioration of the Spanish financial system.
These bad signals sent by the rating agencies do not, however, hinder the progress of the euro, which was up slightly against the dollar on hopes of crisis. Friday at 11:40, the euro was worth 1.3802 dollars against 1.3783 on Thursday.
The bank also threatened
In this global context, and in the wake of disappointing results yesterday from JP Morgan, the banking sector could remain under pressure. The exposure of banks to various debts of European countries and the possible need for recapitalization will remain a key concern payday advance low fees. If the biggest fears concern European banks, the U.S. financial KBW index was down over 22% since July 21.Placing under supervision yesterday by Fitch of three French banks (BNP Paribas, Credit Agricole and Societe Generale) should not lead a turnaround. Especially since the U.S. rating agency included four other international banks in its radar, and also degraded the Swiss UBS note one notch to "A".
New round of indicators
In terms of indicators, investors are attentive to the publication of retail sales for the month of September (1430). At the same time will be announced the import prices for September. At 3:55 p.m. ET expected the first estimate of the index of consumer confidence from the University of Michigan for the month of October. This series of publications will end with the stock assessment and business sales for the month of August.
Finally in China, inflation slowed slightly to 6.1% in September, against 6.2% in August, the government said Friday, but remains at a high level that does not bode a loosening of Chinese monetary policy.
As for values, the earnings season for the third quarter continues.
Last night, Google unveiled better than expected quarterly accounts. In the third quarter, its net sales rose 37% to 7.51 billion, and net income reached 2.73 billion dollars against 2.17 billion a year earlier.
After announcing Wednesday an increase of 4% of its quarterly net income, the American producer of beverages and snacks Pepsico is preparing to enter the market yoghurt.The Wall Street Journal, the American giant is about to create a joint venture with the German dairy group Theo Müller.
The toy maker Mattel said Friday aa a quarterly revenue above expectations, up 9% between June and September at two billion dollars against 1.97 billion expected by analysts.
Apple. The Apple brand will launch this weekend, the iPhone 4S, one of the latest products developed under Steve Jobs era. Analysts said the new smartphone would be sold over 4 million copies in its first weekend of marketing.
Unilever. The Anglo-Dutch food and cosmetics in Russia is growing by acquiring 82% stake in the Russian Kalina, for 390 million euros.
1 Oct
The automotive sector is on the alert. As shown in Le Parisien on Saturday, Brussels would consider tax per liter of diesel in Europe from 8 to 15% more than gasoline. A directive to this effect must be examined by the European Parliament in November for an application expected in 2013. Objective: To fight against this highly polluting energy, used by nearly 7 million cars in Europe.
The European Commission highlights the paradox between a cleaner gasoline and cheaper duty-sold more expensive at the pump, and diesel more expensive duty free, massive source of emissions of fine particles hazardous to health, and less expensive for motorists. She said outside the UK, the tax treatment of petrol and diesel in Europe is "flawed" and needs the overhaul.
Concern
For manufacturers, the news comes at the worst time.These are already working on the application in 2014 of Euro 6, which calls for reducing carbon emissions and fine particles. This standard requires them to implement expensive technology on diesel vehicles that will increase the price of these cars from 1500 to 2000 euros. What scare away customers. If in addition the price of a liter of diesel fuel were to increase significantly, the diesel car market could collapse.
The Committee of French Automobile Manufacturers believes that the introduction of this directive in France could lose 20 points of market share on the sale of diesel cars. In the columns of Paris, its president, Patrick Blain, worried: "The decline in production in French factories (on the cutting edge in the field of diesel, ie) would inevitably have social consequences," he warns.
Professionals and individuals may also choose to get rid of their cars too expensive, which could lead to plummeting prices of diesel cars. "It may be possible to adopt transitional measures that will leave everyone time to adjust," said he.
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20 Sep
After a lull last week, financial markets have plunged sharply Monday. Concerned about the lack of strong commitment of European finance ministers to support Greece, this weekend, and surprised by the tensions between Europe and the United States, investors are more likely to feel inevitable a lack of Athens. In Paris the CAC 40 index fell 3% while the German Dax gave up 2.83%. Again, it is the banks that were hardest attack.
The declaration on Sunday night on TF1, former IMF Managing Director Dominique Strauss-Kahn, for whom "we must accept to recognize that we must take his loss" of Greece was the effect of bomb."Hearing that DSK four months ago the IMF also urged new funding for Greece say the exact opposite now shows how events have turned," says Bruno Cavalier, chief economist at Oddo Securities. For the latter, there is a "real tired of the financial markets who want to wipe the slate clean once and for all to get back on firmer footing."
A feeling evident in a survey by Barclays Capital from major global investors. They are 24% think that the current crisis will lead to a breakup of the euro area. Over 60% of them believe that the European Financial Stability Fund (EFSF) will be insufficient to resolve the debt crisis.Although little scientific significance, such polls show the amount of work to be done now to reassure the magnitude of the crisis.
Bercy wants to reassure
France, Monday it is used by the voice of its Minister of Economy Baroin for which a default of Greece "is not a working hypothesis." At Bercy we stick to the same line of defense when all European countries have adopted the plan of July 21, that is to say by mid-October, the bleeding will be stopped.Reasoning that is opposed to that of economists who say a failure Greek is becoming increasingly economically rational, "If they want to avoid a failure of control, the Troika and the European Union in particular have an incentive to relieve pressure on the objectives short-term budget of Athens by insisting on the implementation of structural reforms to boost potential growth in Greece, "say economists at Morgan Stanley free business cards.
Rather than a sudden failure, we must consider a debt restructuring in the short term, implying a lower repayment installments provided for in the coming months to ease the Greek public finances.The major risk of such a scenario is a contagion to other peripheral countries "can be avoided if the ECB goes on the front lines and discourage speculation against the Italian debt by buying heavily," said Bruno Cavalier.
Creditors on deck
In this climate of growing skepticism, Greece somehow continues the implementation of the agreement of July 21, which passes through the participation of private creditors. Artisans of the device designed to reshape 192 billion euros of Greek claims STRIPS to complete the offer in October. "This operation can not be done in a snap. It is very complex technically and supports many constraints, "insists Fabrice Faure-Dauphin, a partner with law firm Allen & Overy, the Board of the operation.And insist: "If Greece were to miss a deadline, it does not fundamentally change the rules and would not offer more solutions to the problem."
The only good news, the first signals of the voluntary contribution of banks and other insurers are quite positive. While Greece requires a 90% interest in the exchange, some suggested a rate of 75% or 80%, almost unexpected. At these levels, the operation would have every opportunity to move forward. "A contribution of 85% instead of 90% needs to find an additional 8.5 billion euros," analysts calculate Barclays Capital.If Athens was a survey of creditors, the real success of the operation will not be known until after the formal offer proposal issued by the Greek government.
Athens without a loan repayment expected before December, this still leaves him time for both to continue its negotiations with the Troika and to carry out – or not – this massive debt restructuring for its crucial public finances. Meanwhile, the markets do not.
10 Sep
With 13.1% of its agricultural land for organic products, four times the national average, the Drôme is the first organic department of France. Another indicator that does not deceive, it is also the department in which college students in school canteens are offered the highest proportion (25%) of organic products on their menus. Well before the extent of Agriculture Minister Bruno Le Maire to force feeding to be at least 20% of products from organic farming in the composition of meals.
This is why the Chambers of Agriculture in connection with the General Council and 40 partners are organizing the third edition of the European Tech and Bio "Carrefour European Organic Farming Techniques and Alternatives," in Valencia. An event that has been going mercerdi until today.
Three factors explain this renewed interest. First of all the agricultural history of this department."After 1968, we witnessed a return to the land of urban agriculture were concerned about the issue in a different way, already with environmental concerns and quality higher than those of high productivity," said Guillaume Didier General Council Chair of the Drôme and also a senator. "These were the pioneers who wanted to produce differently," says his part Jean-Louis Cazaubon, Vice President of Chambers of Agriculture in charge of monitoring of organic farming.
In this spirit they have restored the sheep to make deposits and were able to live off their herds of sheep or goats. Others were interested in the plant sector. Moreover, "the plants to aromatic and medicinal organic production are the first of the department," says Didier Guillaume.In front of fruit and vegetables, eggs and even sheep and goats.
Second reason for the success of bio, geography places marked by a pronounced relief and small plots that did not encourage intensive farming. "The diversity of landscapes and production is also a very positive factor for the development of organic farms with a lot of mixed farming, the system is well suited to organic farming," says Jean-Louis Cazaubon.
Finally the political will is also an important key to the success of organic in the Drome."The involvement and support of local authorities as well as the stakeholders in agricultural development can better acceptance by farmers who produce organic in line with the expectations of consumers," said Jean-Louis Cazaubon.
For its part, the General Council provides specific support to farmers who have decided to convert to green agriculture. "It reflects a local agricultural system with the idea of matching supply and demand, using software on the Internet," says Didier Guillaume.
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5 Sep
Safran, currently listed on the SBF 120, will make its debut on the CAC 40 on 19 September. The industrial and technology group, owned 30% by the state and 16% by its employees, replaces the bank Natixis in the most important indicator of the Paris Bourse. The announcement of the decision of the scientific evidence that fell Friday night to enter into force on September 16 at closing. The CAC 40 has not seen changes since September 2010, when Dexia (bank) and Lagardère (media) had been replaced by Natixis and Publicis (advertising).
The case for an entry Safran are numerous. The group was first sold 6.5 million treasury shares on the market late in July to increase its free float to more than 50%. Or the size of free float is one of the most important criteria observed by the Board for an introduction to the Cac 40.Capitalization criteria equally crucial $ 11.6 billion. Finally, the performance of the title are not negligible. The stock has gained more than 14% since August 26, while the SBF 120 index has returned just 5.6%. Since the beginning of the year, it grew by 5.4% when the SBF 120 index lost more than 12%. "There is a large consensus on this value. Safran is a great candidate, "pointed out shortly before the decision Emmanuel Besson, manager at Equity Management Ofi AM.
Suez Environnement does not leave the Cac 40
Suez Environnement was on the spot. The company, owned 35.8% by GDF-Suez and 7.2% by Groupe Bruxelles Lambert, certainly has a free float above 50% but its market capitalization of 5.88 billion, is among the lowest in the four Cac 40, with STMicroelectronics, Accor and Peugeot.In addition, the title was severely punished by investors: it shows a loss of 17.6% since the beginning of July, in line with the losses of the CAC (18% over the period).
But it Natixis, which has been designated to leave the Cac 40. It must be said that banking stocks have suffered heavily in recent weeks. The title is back in the index only a year ago and this decision "could create additional pressure on the banking at a time when we seek to appease," said Emmanuel Besson.
Before the verdict, Safran fell by 2.77% to 27.05 euros at the close, in a market down 3.59%. In turn, Natixis lost 4.57% to 2.71 euros.
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20 Aug
This is a milestone in the history of computing. The world's leading manufacturer of PC announced that it will withdraw from this activity. In making this decision, Leo Apotheker, CEO of HP, takes note of a double reality: the market has already switched to the HP tablets and missed that turn.
The boundary drawn between PCs and tablets no longer be needed. Laptops and the "Pad" or "Tab" to the same target audience. "The tablet is the ultimate mobile device. It will even be the first TV screen connected in homes and transportable, "predicts Christopher Aulnette, CEO of Netgem.
PC sales will continue to grow in the coming years, but at a slower pace. In the last quarter, they rose by only 2% worldwide and even dropped by 19% in Europe, according to the latest study by Gartner.PC sales have been hard hit by soaring sales of tablets. DisplaySearch fact of Apple the leading seller of laptops, PCs and by adding the shelves in the same category. HP is demoted to second place. "The slowdown in sales growth of PC is due to higher sales of tablets," said Richard Shim, senior analyst at DisplaySearch. So much so that by 2016 it is expected to sell more bars in the world of laptops. This is due to consumer demand. The PC market is still supported by demand from businesses.
The launch of the iPad, last year, PC makers were first considered this the emergence of a new market. They readily confined the tablet to the consultation content, reserving the game more "noble" computing, content creation, to the PC.It only took a few months to shake the certainties. On a daily basis, the consumer sends e-mails, watch videos, plays, reading a newspaper, surfing, photo sharing on the Internet … So many things that are perfectly feasible on a shelf, or even more easily than a laptop . Besides all uses brought by additional accessories such as holders for music.
While the tablets are not equipped with big hard drives capable of storing data. But Apple has already provided an answer to storage problems with icloud. All information can be stored on external servers. The only limit to access constantly, you need a connection worthy of the name.The tablet can connect at home Wi-Fi or outside the network via the Internet Mobile Broadband 3G.
An integrated model
Finally, the supply of tablets will continue to evolve, driven by competition among big players, Apple and Google, and their "challengers" Microsoft and RIM (BlackBerry).
"To exist on the consumer market for personal computers, must be able to sell PCs, tablets and smartphones, said Ranjit Atwal, an analyst at Gartner. The profits come from the ecosystem that results, not hardware sales. "Apple is the model. After developing the application store on iPhone and iPad, he extended the principle to the Mac.
As such, Leo Apotheker wanted to go too fast. He left no time to its operating system WebOS, or its application store, AppCatalog, to develop."The transition of a business model to another is not easy, and HP probably has overestimated the value of its brand among consumers," said Ranjit Atwal. In the last quarter, PC sales to individuals of HP fell 10%, while those companies grew by 20%.
Click the preview to enlarge the graphic.
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18 Aug
When in 2007 the Merkel government has created an additional income tax of 45%, Germany was against the current. At the time, it was time to lower taxes to encourage work. But the crisis and rising public deficits have changed everything. Germany has become more and more followers. In 2010, the UK has increased to 50% the rate of the highest portion of its income tax (IR). And Italy is preparing to introduce a solidarity tax for employees earning over 90,000 euros.
More surprising number of taxpayers potentially affected by such a tax do not hesitate to ask now open! American side, the billionaire Warren Buffett has called this week for a contribution of "mégariches."In France, Maurice Levy, chief executive of Publicis Group and president of the Afep (French association of private companies), wrote in his name, an article in Le Monde, where he considered it "essential that the effort Solidarity begins with those whom fate has spared. " All indications are that it will be heard as the French government pledged last spring to introduce a tax on high incomes. "Today we are working on the issue of remuneration is said sometimes extravagant," reiterated on Wednesday on Europe 1, the budget minister, Valérie Pécresse.
The majority has already noted last year from 40% to 41% in the final tranche of IR. But this time it is hit with higher incomes (the final installment begins 71,000 euros in annual revenues). And this without creating a new rate of IR.While some lawmakers, like Senator Jean Arthuis centrist, still defend the idea, Nicolas Sarkozy is opposed to any new slice. Since the fall, the government has consistently rejected in Parliament every initiative of his majority to create a slice with 46% annual earnings per share in excess of 100,000 euros.
A million or 150,000 euros of income a year?
The Ministers of Economy and Budget has established a working group of parliamentarians who must propose measures in the fall, in the 2012 budget. The idea of the executive, initially was rather taxing high incomes via the company by making non-deductible from corporate tax wages above a certain level. But the government now seems to favor a direct taxation at the household level, a solution advocated by many parliamentarians.Gilles Carrez, the UMP rapporteur of the budget in the Assembly proposes to introduce a contribution of 1% to 2% of annual revenues in excess of one million euros.
Advantage: All income is affected, including dividends and capital gains, not just wages (as with the non-deductibility). The threshold of 1 million French can target very easy – 30,000 homes would be affected. "The measure must be a symbol. This is not to bail out of the state, "said Jerome Chartier, UMP du Val-d'Oise. In fact, 2%, the new tax would yield only 300 million (against $ 1 billion for the portion eg 46%). "Be careful not to pour into demagoguery and rich hunting. The contribution must be calibrated, "adds Philippe Marini, UMP rapporteur of the budget in the Senate.
Problem: all members do not see it that way.Pierre Mehaignerie, the UMP president of the Committee on Social Affairs in the Assembly hopes that the contribution applies from 150,000 to 200,000 euros in annual income for couples and 80,000 euros for a single. At this level, more than 300,000 homes were affected, including many executives. "I understand that. But our people are ready to make an effort if, at the same time, the state reform, "Pierre defends Méhaignerie. The animated discussions ahead in the majority!
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6 Aug
The leaders of the euro area have increased their telephone calls all day Friday, but failed to contain the fire in financial markets. The European stock markets recorded a tenth straight session of declines, despite employment statistics better than expected in the United States.
The pressure was at its height on Friday night Silvio Berlusconi, Italian Prime Minister. According to Reuters, the European Central Bank had asked him to commit to implement fiscal reforms quickly, a prerequisite for debt it bought the Italian Treasury. This would include an amendment to the Constitution so Italian and to introduce a "golden rule".Rome could make announcements to that effect from this weekend, in exchange for which the ECB would intervene in the markets next week to support the Treasury of Italy. These rumors had the effect to strengthen the euro against the dollar.
Sign of financial globalization accelerated the past three years, Asia is now that Western countries face their responsibilities. Major creditors of the United States and the eurozone, Japanese and Chinese have expressed their annoyance. "We hope that the United States adopt measures to ensure the safety of assets held in the U.S. by other countries," said Chinese Foreign Minister Yang Jiechi.The latter also called on the world's major economies to strengthen their "communication" and improve "global economic governance."
The Minister of Finance of Japan, Yoshihiko Noda, for his part called "to discuss" problems of market distortion currency, debt crisis and U.S. economic issue. Asia calling the West to deal with its imbalances, the G7 in reverse!
Calls to Action
Side the euro area, the calls begin to be heard. According to the Commission President José Manuel Barroso, who has asked Member States to vote as soon as the new aid package to Greece, the Commissioner of the Economy, Olli Rehn, has increased calls for the Friday action. He acknowledged that "the current crisis is not just Europe payday loan."He said the solution may be to the world and "international coordination through the G7 and the G20 is very important," two bodies currently chaired by France. In this context, Nicolas Sarkozy has held since his vacation spot in Cape Negro a telephone conference with German Chancellor Angela Merkel, Italian Prime Minister Silvio Berlusconi and Spanish Prime Minister Jose Luis Zapatero. He also had talks on Friday with Barack Obama. But as in previous crises, Europe is still far from offering a united front to the markets. Spanish Finance Minister, Elena Salgado, has sharply criticized the European Central Bank, which, she said, created "confusion in the markets."Implicitly, Madrid surprised that Jean-Claude Trichet at a press conference on Thursday, has announced the resumption of purchases of debt of Ireland and Portugal, two countries with financing needs are in principle already covered by the European Solidarity Fund (EFSF), even if it is unable to avoid tension on the secondary market.
However, the ECB has done nothing yet for Spain and Italy, which are in turmoil.Another sign of division: several Anglo-Saxon sources have suggested that the decision to resume the buyback of sovereign debt was opposed by the Germans, Dutch and Luxembourg in the Council of the ECB.
"The market seems to have understood that the European Summit of 21 July has finally brought a DIY solution to alleviate the difficulties of the peripheral countries of the Union", are economists Natixis. Principal is the day the bond markets, the rate loans to ten years in Italy increased over Spain, 6.12% and 6.03% respectively.Hence the pressure on Berlusconi by the ECB, and behind its main shareholder, Germany.
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27 Jul
The U.S. stock markets open again in the red on Wednesday. The Dow Jones was down 0.37% at 12,456 points, the Standard & Poor's 500 and Nasdaq fold, respectively, 0.58% to 1324 points, and 0.62% at 2822 points. Tuesday, Wall Street has already finished in the red.
Investors adopted a cautious approach since the beginning of the week. The inability of a handful of members of the United States to reach an agreement before Aug. 2 on raising the debt ceiling up the country into a situation more and more difficult.Specifically, the U.S. Treasury think after August 2, if the parliamentarians have not voted to increase the legal limit to the debt of the federal state, it will not be able to honor all its commitments.
As about 40% of its expenditures are financed by borrowing, the U.S. federal government will have to make drastic choices between payments made and those that push it off. This will mean the paralysis of some jurisdictions, uncertainty about the payment of social benefits, or payment terms to suppliers.
The new director of the International Monetary Fund, Christine Lagarde has called on Washington to "find a real solution." She also asked the Europeans to apply "quickly" the plan against the debt crisis.
Companies seem to want to continue to invest
On the foreign exchange market, the dollar is still abused.The euro, however, gives some ground in late morning at 1.4495 dollars against 1.4509 late Tuesday. Oil prices retreated Wednesday in the opening in New York, as a result of fears of increased oil reserves and the stalled negotiations on the U.S. budget. To 15 hours, on the New York Mercantile Exchange (Nymex), a barrel of "light sweet crude" for September delivery was trading at 98.38 dollars, down 1.21 dollars compared to the previous day.
On the macroeconomic front, despite a weaker economic environment, companies seem to want to continue to invest. This is the signal that can be drawn numbers of orders for capital goods in the second quarter."It's rather good news and support for the fragile figure of GDP growth in the second quarter," notes Philippe Weachter, director of economic research at Natixis AM.
Weekly crude inventories are still waiting for this day before the release of the Beige Book Federal Reserve expected after the close of European stock.
Rain of business publications
The side of values, the American online distribution Amazon (5.47% to 225.90 dollars) has published better than expected results despite a decline of almost 8% of net profit for the second quarter, to 191 million. Based on the number of shares, the benefit amounts to 41 cents, above the 35 cents expected by analysts.Sales, up from 51% to 9.91 billion dollars, has also exceeded expectations.
The group of defense and aerospace Boeing (1.68% to 71.34 dollars) exceeded market expectations on Wednesday with earnings up 20% in the second quarter, driven by good numbers of its commercial aircraft, and it has raised its forecast.
The U.S. chemicals group Dow Chemical (2.26% to 36.66 dollars) recorded a net profit increase (73.4%) to $ 982 million, boosted by record sales in emerging markets, and said he was "optimistic" for the second half of the year.
The U.S. conglomerate General Electric (-1.34% to 18.31 dollars) ca waived divest its rental cars it had planned to sell earlier this year, said Tuesday a spokesman for the group.
Delta Air Lines (-4.13% to 7.69 dollars) recorded a decline in quarterly profit on fuel costs that exceeded the one billion dollars. Excluding items, earnings per share of the airline stood at $ 0.43 per share, against $ 0.44 expected by analysts.
Microprocessor giant Intel (-1.18% to 22.62 dollars) has announced the appointment of its Executive Director Andy Bryant as Vice President of the Board, before he takes the presidency in May 2012 Estate of Jane Shaw. Bryant has spent 30 years at Intel, including 13 years as CFO.He became executive director in 2007.
Electronic Arts (1.30% to 24.12 dollars), which has recently invested in the games available from smartphones and tablets, has reported a decline of 3% of its turnover for the first quarter of fiscal year 2011-2012 to $ 524 million against an average estimate of analysts of 511 million.During this period, the group recorded a loss of 123 million euros against a deficit of 78 million a year ago.
Disney (-0.79% to 40.19 dollars) said he had "taken the first steps" to increase its majority stake in the Indian company UTV, which could lead to delist the giant local media.
Also note, the retail giant Wal-Mart (-0.17% to 53.50 dollars), which ensures expand its online offering, announced Tuesday that it was now possible to watch movies without downloading its website.
Always on the side of the truck several values of the dimension must publish their results including Conoco Phillips and Visa.