Nokia unbeatable? The group may well see its market share erode quarter after quarter, it nevertheless remains the world leader in its sector. A position he owes much of its sales of cheap phones in emerging markets. Thus, in the third quarter, the Finns no longer had "only" 23.8% of the world with just over 105 million mobile phones sold worldwide. Good performance for a brand "dying" in the eyes of observers sometimes a little harsh with the former star of mobile telephony.

To retain his title, the Finn will still fight hard. He also put a lot on its Windows Phone, the range Lumia, marketed since November 14 in six countries including France fast cash without a hassle.

She says Windows Phone should benefit from new smartphones from Nokia. The Finn is expected to expand its range and offer new Windows Phone cheaper. It will still wait until the second half of 2012 to attend a turnaround, and it provided that Microsoft manages to attract enough developers to make its ecosystem attractive to consumers. For now, it has only 35,000 applications. One-tenth of what is available for Android.

ALSO READ:

"Developers of mobile apps very courted

"A draft flip phone, Nokia

This morning, the Superior Audiovisual Council (CSA) summoned the three news channels continuously BFM TV, iTV and LCI for a wake-up call muscular. The subject? These chains have gone far beyond the time allowed the Socialist Party (PS) during the primaries. The rule of speaking time issued by the CSA requires TV stations to give the parliamentary opposition (PS), a talk time of 50% that of the majority bloc. Settlement takes place on three months of information for newspapers and magazines for six months of information.

However, the CSA noted that the period from 1 July to 30 September, the news channel did not respect this balance on newspapers for information."ITV has given the opposition parliamentary speaking time 146% higher than that of the majority, BFMTV gave 142% and 130% LCI! Unheard of at this level "protests Christine Kelly, a member of the CSA in charge of the case. "The time allowed to PS was significantly exceeded" acknowledges CEO Guillaume Dubois BFMTV. "We have given priority to the information. Now the case has raised the antenna DSK in July and August, the Senate elections and primaries PS mobilized in September. We invited representatives of the majority but they decided to be discreet "defends Guillaume Dubois. "It's not the fault of having warned" Christine Kelly replies "I have met for the first time in July and I have warned against a possible slip of the Senate and the primary"

Tomorrow morning, the CSA will meet in plenary session.Constable Audiovisual could decide on a formal channels of information. "It's a yellow card. But if they start, then the CSA will release a red card and take sanctions "warns Christine Kelly

However, the CSA notes that most other television and radio all have fully complied with the instructions. On the side of France Televisions, which also broadcast the primaries in two news magazines, the balance was followed. Information for newspapers, counters ended September 30 show that the parliamentary opposition bloc has 51% of speaking time points Thierry Thuillier, the Director of Information of France Televisions.The new review period from 1 October to 31 December, France Televisions ensure balance time for the presidential majority, including calling Francois Fillon to 20 hours of JT France 2 tonight.

For news magazines, France Televisions has until Dec. 31 to offset the 4:45 discussion devoted to the primaries. Already Alain Juppe had been invited for two hours in the program "The words and actions" on September 30. Tonight, the program "Crossword" lasting 80 minutes will receive a majority of three personalities: Lionel Luca, Chantal Jouanno and Herve Morin. Finally, France Television is negotiating for an intervention of Nicolas Sarkozy on October 24.In this case, if the head of state talking about the crisis of the euro or Greek debt, his time is not counted, however if he talks about domestic policy, then the speaking time will be taken into account.

The information should be confirmed in the late morning. Hersant Media Group (DRG), publisher of 27 newspapers, and the Belgian group Rossel, editor of Le Soir in Brussels and owner of La Voix du Nord in Lille, will create a jointly owned holding company in which they will bring some of their regional daily press titles. Rossel it will house La Voix du Nord and Le Courrier Picard. For its part, GHM will entrust the securities of its poles Champagne-Ardenne, Picardie (The Union, The Ardennes, Eastern Lightning …) and PACA (Nice Matin and La Provence).

Excluded from this agreement the domestic free press Comareg (Released Sold), the division overseas (France Antilles, New Caledonia The …) and the group Paris Normandy.The latter could be brought to the joint venture after a restructuring led by the leaders of GHM.

This was submitted yesterday to the pool of 17 syndicated banks that have lent 190 million euros to Hersant Media Group, on the redemption, in 2007, Lagardère securities regional daily press in the south of France.

GHM has made some 700 million euros in turnover in 2010 to an operating profit of 18 million. The group, controlled by the family Hersant and directed by Dominique Bernard, announced in early July to be ready to open its capital to meet its debts. It has already sold its holdings in 2010 in Mediapost and Eastern Republican.

ALSO READ:

"Hersant Media sold to Belgian Rossel

"Hersant Media is ready to open its capital

Globalization has a bad press these days. While the debt crisis has taken over from the 2008 financial crisis, many cities and regions rely on the relocation of the economy. They have to do this, decided to do without the euro by inventing their own currency. Latest initiative, that of Filettino, Italy, beating since late August, "Fiorito".

This small town of 598 inhabitants located in the province of Frosinone in the center of the country declared independence in protest against the government's austerity plan which provides for the pooling of budgets of small towns under 1000 inhabitants. The new "Principality" issued 20,000 tickets to the effigy of the Mayor and has already set an exchange rate against the euro if it would carry out its threat of secession. The "Fiorito" would then 0.50 euro.

The idea of ​​an alternative currency to the euro or the dollar is not new. By 2003, Prien am Chiemsee, a common German Bavaria, has released the "Chiemgauer." Notes 1,2,5, 10, 20 and 50 Chiemgauers have the same value as the euro and can be used in a network of retailers and businesses that have joined the project. Today there are 617 members. The phenomenon has become so widespread in Germany there are about sixty local currencies.

Development "solidarity"

These alternative currencies have also landed in France. At the initiative of the Association for the living act, the Bee has appeared in the wallets of the people of Villeneuve-sur-Lot in the Lot-et-Garonne, in January 2010. In Toulouse, the Sol-Violette is intended as a "currency ethics", which aims to promote "economic solidarity".Finally, the South Ardeche has established its currency, the Firefly, in spring 2011 in order to "pave the way for a greener economy of the human being and its environment."

Hints "solidarity" that is found throughout Europe, the hour or the debt crisis is spreading cheap business cards. In Belgium, in the region of Hainaut, in Mons has launched the Ropi to "relocate the economy, preparing for post-growth, and put the citizen at the heart of the debates and decisions, including finance and monetary issues. " These concerns go far beyond European borders. In the United States in the region of the Berkshire (Massachusetts), associations were created in 2006 a parallel currency system, based on BerkShares. Today, more than 400 companies accept this money, and more than 2.7 million BerkShares are outstanding, redeemable at $ 1 against 0.95 BerkShares.

Closed circuit

Faced with the popularity of these alternative currencies, the euro and the dollar they have to be worried? In a report published in 2007, the Deutsche Bundesbank, the German Central Bank, was already wondering if they could compete with the euro. According to the institution, the local currency in circulation in Germany then weighed the equivalent of 200,000 euros and their impact on the economy was "negligible." Today, they account for 900,000 euros.

The Bank of France, meanwhile, said that the legal tender, as defined in the Monetary and Financial Code, is the fundamental principle of any form of payment. "Traders are obliged to accept notes and coins are legal tender with this." Conversely, the release of a parallel currency is not prohibited, but it must be under an agreement between the different users."This currency is not exchangeable and circulates in a closed circuit," says the institution. Despite the snowball effect, the euro has probably nothing to fear from local currencies doomed to remain confidential.

ALSO READ:

"Toulouse experiencing a currency" solidarity "

Parliament is considering the future supplementary budget which includes the new support for aid to Greece and the first measures of the austerity plan presented last week by François Fillon. First consequence: according to our information, Bercy revised up 3.4 billion deficit the state this year. It will amount to 95.7 billion euros at end 2011. This degradation is due largely to lower revenue projections of corporate income tax compared to what was expected (3 billion less). The reason: the economic downturn since the spring. For its part, the debt burden increases by 1.4 billion more due to the resurgence of inflation early this year.These losses to the state will be partially offset by additional savings to the tune of 1.1 billion: 500 million savings in departmental budgets and $ 600 million in tax revenue resulting from the first austerity measures taken by the government online payday loan lenders.

However, the deficit-which aggregates the deficits of the State, Social Security and local-rest him, identical to the forecast, ie 5.7% of GDP in 2011. "And this government deficit, which accounts for the rating agencies" insists one at Bercy. No hocus-pocus. This stability is primarily due to good news side Safely. Thanks to the good performance of the employment and wages in 2011, social contributions are expected to exceed more than one billion in the forecast.In addition, "costs of parastatals grew more slowly than expected," said Valerie Pécresse's entourage, the budget minister.

Duly noted. The world of PC has failed to develop at the same time dedicated to business activities and those aimed at individuals. Léo Apotheker has decided to separate from its computers, tablets and smartphones, "knocked out Apple "in the words of one U.S. analyst.

The stock has also lost more than 20% at the opening of Wall Street on Friday.A heavy penalty for a major strategic shift and two ads that markets generally enjoy little HP is preparing to spend 10 billion dollars for the purchase of Autonomy, the UK's leading software, and provided that the split of its business PC would cost one billion dollars in restructuring costs.

Just like what IBM has done six years ago, HP has chosen to focus on the activities dedicated to businesses (services, servers, data storage, network), while maintaining the imaging and printing. This focus on the professional world seems "logical" in light of the past of its CEO. Léo Apotheker has spent over twenty years with the German software company SAP, which he directed for eight years. These are businesses that generate margins sharply higher than in hardware sales.In 2010, business services have made 57 billion dollars in sales with in the key, 8.7 billion of operating income. Opposite, the PC division, tablet and phone posted a turnover of 40 billion turnover, but only 2 billion loss.

By refocusing on activities "business," Leo Apotheker also takes the bet that he will develop the activities of data storage and servers. HP boss set including data analysis and cloud computing (computer services remotely) to raise. Competitors will be renamed the IBM, Oracle, Cisco and not Apple.

Consecration of the failure

The future of the PC division, mobile and tablet (PSG) remains uncertain. All scenarios are possible.A split, with a possible initial public offering that would make an independent business, but competition to apply. Redemption, we know the ambitions of China's Lenovo, which has already bought the PC division of IBM and wants to become world number one. Finally, pure and simple abandonment is also not excluded. This scenario is the worst, while HP has spent $ 25 billion a decade ago to buy Compaq and 1.8 billion last year for Palm. The group also invested in the revitalization of its software WebOS, and in the manufacture of tablets and smartphones with touchpad that just marketing. "In this area, not a sprint, it's a marathon," said Leo Apotheker, in an interview with Le Figaro, in late June. It seems that the runner will be out of breath from the first kilometer.

As seen in Europe with a market recovery, the New York Stock Exchange finished up sharply Tuesday as investors speculating on a similar agreement between Republicans and Democrats to avoid a default of the United States: the Dow Jones gained a , 63% and the Nasdaq 2.22%. The Dow Jones rose 201.32 points to 12,586.48 points and the Nasdaq, dominated by technology, from 61.22 points to 2826.52 points.

The DJ opened up, boosted by a salvo of results of large U.S. companies, mostly better than expected.The increase accelerated after a speech by President Barack Obama suggesting that discussions were progressing toward an agreement to reduce the budget deficit and an increase in the ceiling of the debt of the United States as we approach the deadline of August 2.

The euro rose against the dollar Tuesday, in exchange tinged with caution while the market showed himself optimistic about the outcome of the extraordinary summit of the Greek debt scheduled for Thursday in Brussels. Around 1800 GMT (8:00 p.m. in Paris), the single European currency was worth 1.4177 dollars against 1.4117 dollars around 2100 GMT Monday. The euro rose against the Japanese currency to 111.91 yen against 111.59 yen Monday.

The current oil futures ended up Tuesday, benefiting from a weaker dollar ahead of the summit of the euro area Thursday and hopes of solving the problem of the debt of the United States.On the New York Mercantile Exchange, crude for August delivery ended at 97.50 dollars a barrel, up $ 1.57, or 1.64%, having fluctuated between 95.93 and 98.65 dollars.

On the macroeconomic front, investors will be watching especially housing starts and building permits in the United States. Two statistics that mark once.

Values ​​to follow

The side of values, after the close of Wall Street, several major groups have announced their quarterly results.

Pleasant surprise on the side of IBM rose 8% of its profits in the second quarter to 3.66 billion. The adjusted earnings per share was 3.09 dollars against 3.02 dollars expected by analysts. Turnover was up 12% to $ 26.7 billion against $ 25.4 billion expected.Please note, sales of servers rose 17% year on year to 4.7 billion. For the full year, IBM raised its forecast for earnings per share to 13.25 dollars against 13.15 dollars earlier. The title earns 5.67% to 1885.21 dollars.

Always on the side of values, Cisco confirmed the elimination of 6,500 jobs to reduce production costs. The group is facing stiff competition, especially from China, the market for Internet routers. Price reductions are higher expectations. According to IDC, Cisco, which holds 64% market share, experienced a contraction of 16% of its sales of routers in value in the first quarter. The title earns 1.46% to 15.66 dollars.

In addition, the producer of fertilizer Mosaica announced a profit of 649.2 million dollars above expectations of analysts.Turnover was up 54% to $ 2.86 billion and also higher than expectations.Farmers' demand remains strong, particularly in wheat, and weather conditions have supported the group's sales.

For its part, the steel producer, Steel Dynamics (+4.6% to 16.14 dollars) announced a profit of $ 98.7 million and revenue of $ 2.08 billion, all two above expectations.

Also note, MSC Industrial Direct (0.64% to 65.79 dolars) has announced the acquisition of American Tool Supply and its subsidiary American Specialty Grinding without specifying the amount of the transaction.

According to the Financial Times, the fourth group HNA Group Air China would be the favorite to take over the subsidiary of General Electric GE SeaCo.

Moreover, according to Bloomberg AMR Corp (0.41% to 4.93 dollars), the parent of American Airlines, could be divided between Airbus and Boeing single-aisle aircraft order it plans to spend.American Airlines is negotiating with manufacturers for the purchase of more than 250 aircraft.

The American insurance company AIG (0.80% to 27.87 dollars) study the stock market into a stake in its subsidiary, ILFC aircraft leasing, operation that could bring him back from 1.5 to 2 billion, reports the Wall Street Journal Monday.

Slight increase expected on Monday in the Paris Bourse, in the wake of the Asian stock markets, including that of Tokyo, weighed down by disappointing statistics, and uncertainties about the evolution of the global economy. On Friday, the benchmark index in Paris ended its session already clearly in the red (-1.90%) and signed a sixth consecutive week of decline, erasing its gains since the beginning of the year. At 8:15 AM, futures contracts on the CAC 40 advanced 0.17%, to 3803 points.

Clearly, the objective of the meeting will be to keep the bar of 3800 points, narrowly saved this weekend dernière.Aucun major macroeconomic indicator is expected for Monday of Pentecost, which is also expected to take place in low volumes. In this day of solidarity in which the majority of employees stay home, exchanges should in fact been limited.Especially as the business side, no publication is awaited. Again, macroeconomic considerations should therefore guide the market for the first weekly session, including uncertainties about the Greek situation.

Side currency, the euro remained under 1.44 dollars on Monday morning after he experienced back Friday when he was the most sold since the beginning of the month because of disagreements between the various parties the solution to support the Grèce.Vers 8:00 in Paris, the European single currency was worth 1.4343 dollars against 1.4348 dollars on Friday night after coming close last Monday the threshold of $ 1.47 for the first time in a month .

Same side of the volatility of oil prices in a market torn between the prospects of increased production by Saudi Arabia and the maintenance of quotas decided by OPEC.In morning trading, a barrel of light sweet crude for July delivery lost 9 cents 99.20 dollars. That of Brent North Sea crude for delivery gained 13 cents to equal 118.91 dollars.

As for values ​​to follow

Altran

Yves de Chaisemartin lost Friday the group's management, the Board of Directors of the technology consulting company has designated Philip Hall to replace him.

Air France – KLM

The airline's traffic in the Paris airports Roissy and Orly airports may be disrupted on Monday due to a strike notice filed by a union of mechanics on the ground, have we learned from the company.

LVMH

Sephora, the cosmetics distribution subsidiary of luxury group, said to have strengthened his hand in the round of Corsica in Russia, becoming the majority shareholder in nearly three years after joining the company's capital .

EDF

NPP Bugey in Ain, had to reduce its production by 10-15% in late May and early June due to increased water temperatures of the Rhone, an effect of the heat wave spring.

Eutelsat

San Marino RTV has selected two Eutelsat satellites to broadcast its programs through Italy and Europe as of June 13

EADS

Airbus chief says EADS, parent company of Airbus, would be protected against hostile takeover bids but, to this end, it was not essential that Germany be a shareholder in the group.

Carrefour

The management of the distribution group said Sunday, a day after a protest movement, have made a major effort for employees of Carrefour Market stores in terms of purchasing power.

We suspected, the figures confirm it: the flagship tourist destinations continue to be deserted in the wake of democratic revolutions in Arab countries. Thus, Tunisia and Egypt have been reducing the number of foreign tourists by about half (-48.5% to -45.3% and 327,293 people to 1,894,044, respectively) during the first four months of 2011. The figures, provided by the hotel sector are even more alarming. Tunisia recorded a decline of 35% in the first quarter of 2011. In Egypt, it is worse decline in attendance in February -80%, -60% and -35% in March to April compared with 2010.

Spared by the riots, neighboring countries are the same conclusion, but with less marked declines. Before the attack in Marrakesh, Morocco registered a decline in attendance by 5% over last year. The downturn in tourism has also expanded to countries in the Middle East.For example, Jordan, hit by protests in February, also posted a drop in attendance, including -12.3% for French tourists during the first three months of 2011.

Advertising campaigns to reassure

Faced with the decline in tourism, communication is the best way to revive the Arab-sector activity. A new advertising campaign, launched in May by the Tunisian National Tourism Office (ONTT) ironic about the political events of the preceding months. "The idea is to propose an aggressive advertising campaign in three phases: beach tourism, cultural tourism and golf tourism," says Adel Ben Khelil of ONTT."People always choose from at the last minute, and they may change their mind for Tunisia."

Egypt, which relies on the return of tourists in September, is also preparing a campaign to appear in newspapers and on Facebook. "We've already managed to bring back tourists from countries of Eastern Europe to Egypt. Our goal now is to reassure Europeans that all is well in the country so that they return in winter, "said Nahed Rizk, Director of the Office of Tourism of Egypt in Paris. With relative calm on the political front, the Egyptian Minister of Tourism Mounir Abdel Nour says see "the end of the tunnel," indicating that there has not been a single incident with tourists since January 25, the beginning of disorders. To further reassure tour operators in France, the minister will be June 7 in Paris unveiled its plan to revive tourism in the country.Meanwhile, Egypt is organizing a campaign to press for travel and tour operators.

Jordan, provided with a promotional budget smaller than the main tourist destinations in the Maghreb, put on the Internet, hoping to attract a different audience as regulars in the country. "This campaign launched to relatively accessible prices, especially for families with children," says Xavier Gougeon, director of the Jordan Tourism Board in France.

Tour operators more cautious

Despite the announcement of many recovery programs by governments, the French tour operators are yet reserved about the prospects of recovery in tourism to these destinations.Following numerous postponements and cancellations, the group Thomas Cook says the impact of non-reservation has been estimated for the entire group at 22 million pounds (17.8 million euros) in the first half of this year, with nearly 160,000 cancellations for the MENA (Middle East and North Africa). The group is aiming for 60% of sales for this summer, but hopes for a recovery soon with a promotion on the circuits.

In FRAM, all destinations except Syria are reopened. "If problems arise, we adapt immediately routes to avoid areas affected by the unrest. Through a network of correspondents on the spot, we are constantly informed of the situation in these countries, "says Adeline Canners, a spokesman for FRAM, adding that the goals this year are revised downwards.Because of problems in the Arab world, FRAM agencies have lost nearly a third of travelers, but hope for a recovery soon. "Do not underestimate word-of-mouth. We do show those who have been there, "she says, before concluding:" But for Egypt, in their place, I jumped at the chance. There's nobody, it's very pleasant. " Tour operators expect an early return to normal in September, without giving more specific information.

ALSO READ:

"FILE – Revolts in the Arab world

In the wake of the optimism of Asian markets and especially French, Wall Street is evolving into the green on Tuesday, confident in the evolution of the Greek situation on the eve of a meeting of finance ministers of the euro area in Vienna. The day after a weekend of three days, Wall Street climbed 1% to 12,565.44 points, the Nasdaq rose 1.01% to 2825.15 points and the S & P 500 ahead 0.92% in 1343, 38 points.

On Tuesday morning, while the situation of the Greek sovereign debt focused investor attention for several weeks, Germany has come ease the tension felt in May in the financial markets, on both sides of the Atlantic. Beyond the announcement of a rebound in retail sales in April in Germany, the good news came from Wall Street Journal, which reports that Germany intends to abandon its proposal to reschedule the maturity of Greek bonds.What to facilitate the release of new aid for Athens. Also note that European countries will hold a meeting tomorrow in Vienna of experts to discuss mainly the persistent debt crisis in Greece.

In this more peaceful, the euro regained much ground against the dollar. In early afternoon, the euro gained 0.85% to 1.4408 dollars against 1.4282 dollars late Monday.

A decline in the greenback this morning that promotes the rising price of oil, especially as geopolitical concerns in the Middle East have resurfaced, with the exacerbation of violence in Yemen. Around noon Paris time, a barrel of Brent North Sea crude for July delivery traded at 116.32 dollars in London, up $ 1.64 from Friday's close.On the New York Mercantile Exchange, a barrel of light sweet crude for the same maturity progressed from 2.19 dollars to 102.78 dollars.

Macroeconomic side, house prices fell for the ninth straight month the U.S. in March, 0.2% from the previous month, as February, according to the monthly Standard and Poor's / Case-Shiller published Tuesday.

At 15.45, the investor gets filled in the Chicago PMI for the month of May. Finally, fifteen minutes later will be unveiled the consumer confidence index and the index of investor confidence for the month of May.

Values ​​to follow

Among the values ​​to explore this afternoon:

Ahsland Inc..

The U.S. specialty chemicals announced Tuesday the acquisition of its competitor International Specialty Products (ISP) for $ 3.2 billion in cash.An operation that will enhance its product portfolio on high-growth markets such as personal care, pharmaceuticals and energy, said the company.

Optimer Pharmaceuticals

The biopharmaceutical group announced last Friday's approval by the Food and Drug Administration (FDA) of its shelves Dificid against infection Clostridium difficile.

LyondellBasell

The petrochemical company is selling the refinery French Berre (Bouches-du-Rhone), after considering the purchase of the site in 2008, the results of Berry "were found below the economic projections made at the time of acquisition.

Intel

On the occasion of the exhibition Computex Taipei (Taiwan), the American giant has unveiled details Friday Ultrabook, its new line of ultraportable computers and ultra-thin.

Lions Gate Corporation.

The group will publish its quarterly results (Q4). The consensus expects earnings of 18 cents per share.

Goldman Sachs

The bank has invested more than $ 1.3 billion in Libyan sovereign fund, inter alia, operations on the foreign exchange market in 2008. These investments have lost 98% of their value, reports the Wall Street Journal, citing internal documents of the bank.

KKR

The investment fund has announced the acquisition of Academy Sports + Outdoors without disclosing the amount of the transaction.