The net profit up 24.3% over the year totaled $ 1.84 billion for the second quarter. But compared to the number of shares and excluding exceptional items, it is up to $ 6.45, while analysts were expecting 6.52."The trend over the results Google is disappointment," notes Jon Ogg, noting that it was the second time in three months that Google stock back to the publication of its quarterly results.

S & P welcomes financial profile "solid" by Google

But out of Google, we preferred to emphasize a "solid" second quarter. "We saw strength in key product categories, more and more traditional advertisers are putting advertising in the search engine, and major advertisers increasingly launching integrated campaigns among advertising research, picture ads and ads on mobile devices, "said Eric Schmidt, CEO of Google, said in a statement. Performance also welcomed by the rating agency Standard & Poor's on Thursday gave Google a "AA-", the fourth highest grade with a stable outlook.S & P praised the "extremely strong financial profile and strong leadership in its sector" of Google.

The turnover of the group has indeed risen from 24% in one year, 6.82 billion dollars, exceeding expectations. For the first three months of the year, revenues showed an increase of 1%, while several analysts were expecting a decline. In fact, revenues have declined only in Great Britain. A decline offset by growth in other areas, In particular with Brazil, India, Russia and "even in France," the company said.

Google made to continue to invest "heavily"

In a teleconference with analysts on Thursday, Chief Financial Officer Patrick Pichette said Google's presence in all segments of Internet advertising. For him, YouTube has become "a must" for advertisers, and "a great event for us."His analysis has been shared by some of his audience. "We believe that the current markets and future of Google, in research on computer sets and telephones, picture ads and YouTube, have sufficient opportunities for growth and revenue to generate a positive return on investment", believes Mark Mahaney, an analyst at Citigroup.

A strategic partnership with Omnicom

The CFO of Google has also used the conference to announce a strategic partnership with the advertising group Omnicom in the field of comic inserts. Advertising group agrees to purchase advertising space for clients to hundreds of millions of dollars. In exchange, Google will build with Omnicom platform buying and selling advertising.The software giant plans to "continue to invest heavily" by the end of the year. ALSO READ:

"Google released the creation of mobile applications

The difficulties of implementation have been the height of the project. It took ten years for the developer to start marketing. Meanwhile, he faced a succession of setbacks, including cancellation of permission by the administrative court finally allowed reinstated last year by the Court of Appeal.

The nine square meter the most expensive in Paris

Originally, the land was purchased for 80 million euros.On this site, twelve buildings will be constructed along the streets of Sevres and Vaneau. The size of apartments range from slightly less than 30 to 240 m2 and prices cover a wide range: they start at 9700 euros per m2 to over 20,000 euros per m2 for the most prestigious apartments. What constitutes a record in the new in Paris. "In contrast to traditional family apartments one hundred square feet, prices are equivalent, once updated, with programs of the sixth or seventh districts at the end of the previous cycle," notes Christian de Gournay, the chairman of Executive Cogedim. Delivery is expected in the third quarter of 2013.

Two buildings housing must be built and a student residence, a residence for the elderly (EPAD) and 4200 m2 of shops.The historic buildings, including the two wings of the old hospital, which represent cross of Jerusalem, will be converted to office with the insurance group Allianz owns. As for the hospital chapel built by Louis XIII and classified, it will be exhibitions or host events.

Fifty or advance bookings have already been made. "These are French, including provincial seeking a pied-à-terre. We have virtually no advance bookings by foreigners, "says Christian de Gournay. The left bank of Paris 7, the official name of the program, wants a "new neighborhood in the city."The former home garden of 3500 m2 will also traveled to Paris and open to the public.

In 2010, Cogedim launch 84 programs in France and expects 350 new homes sold in Paris, a sign that the stone is once again a safe haven.

Christian de Gournay, who wants to make the third Cogedim French promoter, provides 1.2 billion euros of reservations this year (+80% compared to 2007). Prospects that delight its shareholder. "We welcome the redemption Cogedim three years ago. Our presence in the residential property market contributes significantly to the cash flows of the group, "said Alain Taravella, the founding president of the land Altarea Cogedim.

The euro continued to exchange at its lowest level in a year against the greenback on Wednesday in Tokyo, under pressure from concerns over public deficits in Europe, including Greece and Portugal. The euro was at 1.3167 dollars, its lowest level since April 29, 2009.

Bank stocks back in the spotlight

Once again this will most banking stocks to watch, after they posted the largest declines the CAC 40, Tuesday.Natixis Private Equity, moreover, has changed its CEO, while Natixis has closed the sale of its subsidiary equity firm AXA Private Equity.

Investors will also follow the values and Renault cars, after the manufacturer announced an increase of 28.4% of its turnover in the first quarter.

Other companies on Tuesday, Unibail-Rodamco – sales were down 0.9% in first quarter 2010 – Seb – up 10.9% of sales at constant exchange rates – and CFAO, a subsidiary of PPR – decrease in sales of 2.5%.

On Wednesday, Rhodia has posted a profit of 69 million euros for the first quarter of 2010 and a turnover up 23% to 1.176 billion euros.

Dassault Aviation displays a turnover up 50% to 821.4 million euros in the first quarter of 2010 pay day loan quick.

The reinsurer Scor has divided by three to 36 million euro net profit in the first quarter of 2010.

Followed after-hours trade turnover of the first quarter of PPR.

Air France-KLM's return to Madrid Stock Exchange, Thursday, the company will report Amadaeus travel reservations at best 210 million euros to Air France, which holds 23.1% stake, the newspaper La Tribune.

Alstom is part of a consortium that participates in the tender for the construction of a subway in Panama, a project of 1.5 billion, told Reuters the country's ambassador in Paris.

Vivendi said on Tuesday it held 99.17% stake in Brazilian operator GVT at the end of the auction process conducted as part of its bid.

Group OL: Olympique Lyonnais football club owned by OL Groupe, was eliminated Wednesday night in the semifinals of the Champions League, beaten 3-0 at home to Bayern Munich.

A decision on rates by the Fed

On the macroeconomic front, the news will be especially marked in France by publishing the number of corporate failures in November 2009 by the INSEE.

Overseas, investors monitor stocks around 16:30 weekly crude oil and the statement that the Fed will issue to 8:15 p.m. on interest rates. In all likelihood, it should announce it will keep.

"With this measure, the state subsidizes big businesses that do not need. 22 billion in three years, it's insane! "Protests Jerome Cahuzac, President of PS Financial Committee of the Assembly took up arms launched by his predecessor, Didier Migaud cons niche Cope.In fact, as revealed by the magazine Marianne, Danone has saved in 2008 500 million corporate tax (IS) on disposal of Danone Biscuit conducted in 2007 (IS being paid one-year lag) . For Suez, the time still married to GDF, the rebate was $ 800 million. Other big winners: LBO funds (leveraged management buy-out), companies that buy and resell a few years later.

Still, this reasoning boosted Philippe Marini, the UMP rapporteur of the Finance Committee of the Senate and growing end of 2004, the amendment creating the niche Cope: "The debate on the shortfall is nonsense. If capital gains were taxed in France, transfer operations would be from Belgium or the Netherlands, through holding companies located there.Or even sales would not do at all! The French State would recover nothing in taxes. "An argument given in Bercy where it does not reach this niche. In fact, in the OECD, 21 out of 29 countries practice the exemption of capital gains payday loan. "And it is very easy for a French company to create a holding company elsewhere in Europe," the entourage of Christine Lagarde, Minister of Economy.

That's exactly what happened in the early 2000s, when France was one of the few countries to tax the capital gains. "Many French companies have established overseas holding companies which carried the titles of their various subsidiaries. Thus, they could sell securities without paying taxes, "said Jean-Yves Mercier, partner at law firm CMS Bureau Francis Lefebvre.And two reports, one from the Council tax burden (CPO, an offshoot of the Court of Accounts), had sounded the alarm. "A holding company relocated, the risk of losing ultimately a decision center," says Philippe Marini.

More holdings in France

The final report of the 2009 OAC welcomes the end of the French exception. And Bercy unsheathed his statistics: since the gains are exempt, believes the number of holdings in France (1 112 in 2007, 1 276 in 2009). On the side of the MEDEF, it was noted that while the economic fabric wins. "Today, companies must adapt, evolve their business heart, which can pass through acquisitions or disposals of subsidiaries.Fortunately, the French companies may, like their European counterparts, do not brake tax, "explained Marie-Christine Coisne Roquette, Chairman of the Committee on Taxation Medef and CEO of Sonepar.

Finally, the cost itself of the niche is overvalued. Because, by convention methodology, it is calculated by pretending that capital gains were taxed at 33.3% standard rate of tax. However, they were only 19%. The loss caused by the exemption rather turn around 12 billion over three years.

Since joining two years ago, Google continues to gain momentum, reflecting the interest of students for high tech companies at the expense of the automotive sector.Michelin loses in effect eight places from last year, six-seater BMW, PSA four … The result of Google also rewards, according to Julie Giraud Avril, chief marketing officer, Universum, "The financial strength of a company that is everywhere that communicates a lot, and led a marketing strategy that works. "In point qu'Universum anticipates the arrival of the U.S. leading the rankings in 2011.

"Students expect a return on investment"

Another surprise of the charts, revealing the impact of the crisis on student preferences, the surge in banks. BNP Paribas is ranked in 9th position, 11th in HSBC, Societe Generale and Goldman Sachs in 21st and 22nd … "In times of crisis, banks have moved away from students for the consulting firms and audit," explained Julie Giraud Wednesday -April on BFM.Stigmatized in 2008 and 2009, banks would have at this time lost their aura of future graduates of top schools.

But once the economy improved, the students seem to plebisciting new banks as ideal employer, mainly due to the financial security they offer to their employees. "Students in high schools have often led to costly studies. They expect their work a return on investment "analysis Julie Giraud-April.

* Of 20,693 students surveyed between November 2009 and February 2010.

Investors welcomed the figures published in the estate after the opening. According to the federation of Realtors NAR, sales in the old building in February fell 0.6% to 5.02 million units annualized cons down 7.2% in January. The news surprised the market which had forecast a decline of 1.2% to 5 million units. Compared to February 2008, sales of the older building show an increase of 7%.

These figures continued to fall, however, demonstrated the fragility of the recovery in the housing market.

Greece starts to worry the United States

Ben Bernanke will speak further on Thursday afternoon to a congressional committee on programs for emergency liquidity and their next stop. Thursday is also the date that will meet the leaders of the 27 EU countries for a summit in Brussels devoted to their principle economic strategy for the next decade, but then risk traders carefully any comments on the Greek fiscal crisis and possible practical support measures.

One of the leaders of the U.S. Federal Reserve (Fed), Dennis Lockhart said on Monday that the Greek crisis could "directly affect the economy of the United States." The euro was down against the dollar on Tuesday, still penalized by the lack of clarity on possible support measures.The euro stood at 1.3499 dollars against 1.3560 dollars Monday around 23:00.

For now, investors are well prepared. The rebound on Wall Street was foiled yesterday forecasts rather reserved, in the absence of major economic indicators.

The pharmaceutical always featured

The implementation of the reform of key Obama seems to be judged rather positively to the various stakeholders involved: the laboratories, but also providers of hospital services and what is even more unexpected – some insurers.

Values are pharmaceutical and trending up since yesterday. The sector gained 0.6%, which is market-mover of the meeting.

On Tuesday, the area still bears the Markets: Tenet Healthcare is 0.48%. Pfizer gained 2.24%, Merck climbed 0.52%.As for mutual Aetnat climbs 1.01%

The area of technology stocks is well oriented: Seagate (3.78%), Micron (2.03%), First Solar (2.43%) Applied Materials (3.56%), and Oracle (1.68%).

The property sector has reacted with mixed real numbers: KB Home 1.66% cowardly. Hovnanian rises of 2.19%. Lennar is 4.66%.

Walgreen (+1.64% to 35.91 dollars) has reported a quarterly profit increase, to 68 cents per share against the 71 cents expected.

Chinese authorities said on Tuesday that the decision of Google (-1.52% to 548.74 dollars) to close its research services in mainland China was an isolated act which would be treated "in accordance with law."

Time Warner (+0.03% to 31.29 dollars) has submitted the best bid from studio Metro-Goldwyn-Mayer. transaction amount: $ 1.5 billion, according to sources familiar with the matter.

The U.S. Treasury Secretary Timothy Geithner today ruled that the reform of mortgage refinancing agencies Fannie Mae (0.92%) and Freddie Mac (0.78%) should expect "a period of greater market stability Financial.

As for commodities, oil prices finished higher in early Tuesday. On the New York Mercantile Exchange (Nymex), a barrel of light sweet crude for May delivery ended at 81.91 dollars for his first day as a reference contract, up 31 cents from the close Monday.

This is especially gradual return to the announcement of the Fed to keep "for a very long time" rates to very low levels, to continue to support economic recovery. However, after climbing from 1.23% Tuesday, the progression of CAC 40 slows, the Paris index advancing by 0.54% to 3960 points.The London Stock Exchange evolved also in the green mid-term review, the Footsie-100 index rising 0.52% to 5649 points while the Dax in Frankfurt Stock Exchange advanced 0.76% to 6016.5 points

Deficit: 14 countries of the EU under scrutiny

Investors keep an eye on the report published by the European Commission on evaluation of efforts to reduce deficit of fourteen countries of the European Union, including France, the United Kingdom, Germany and Spain. The Director General of the International Monetary Fund, Dominique Strauss-Kahn, should also deliver a speech to Parliament.

On the macroeconomic front, start-ups in France jumped 12.9% in February compared to January, with a record 57,748 new businesses created, "INSEE announced Wednesday.They were down 8% in January.

Across the Atlantic, are scheduled this afternoon, the producer price for the month of February and the weekly inventory of crude oil. Moreover, the Organization of Petroleum Exporting Countries is scheduled to meet Wednesday in Vienna.

Alcatel-Lucent plunges

Atos Origin (-3.05% to 36.36 euros): According to a report in Le Figaro, the group covets a giant electronic payments be for sale by Royal Bank of Scotland.Thierry Breton, CEO of Atos Origin has declined comment.

EADS (-0.92% to 14.50 euros): Nicolas Sarkozy and Angela Merkel expressed once again concerned about the conditions of the bidding for the tanker market in the Air Force American and urged the United States to resist protectionist temptations cash advance in one hour .

Other values down this Wednesday, is Alcatel-Lucent. The group has been a decline of recommendation by analysts at Goldman Sachs from "buy" to "neutral." The Alcatel-Lucent shares decline by 2.09% to 2.48 euros.

Bourbon honor

Mr Bricolage (5.15% to 14.10 euros) has announced an increase of 23.8% of its 2009 operating profit at 39,7 million with a turnover of 547.5 million (+6.2% ).Net income, group share, in contrast to declining 36.1% to 21.4 million, while fiscal 2008 incorporated a capital gain of 14 million.

Stallergenes (+1.93% at 58.20 euros) Tuesday reported an increase in its results, its dividend and its cash in 2009 and has said it expects an increase in its margins and its activity in 2010 with the lower costs of studies on the product Oralair desensitization.

JC Decaux (+0.84% at 19.70 euros): the rating agency Moody's raised its rating outlook to stable from negative cons before.

Publicis (+1.16% at 30.99 euros): Members of the Executive's advertising group gave up their bonuses for 2009.This decision relates to Maurice Levy, chairman of the group, and David Kenny, Jack Klues, Jean-Yves Naouri and Kevin Roberts.

Bourbon (+9.30% at 29.34 euros): the marine services group announced Wednesday a net profit of 155.4 million euros in respect of 2009, against 224.4 million in 2008. It is therefore a decrease of 30.8% in 2009.

After market, Ingenico (+0.35% at 17.36 euros), Dassault Aviation (-0.96% to 546 euros) and Hi-Media (-0.53% to 5.68 euros) will publish their annual results, and GFI Informatique (-0.34% to 2.90 euros) results for fourth quarter 2009.

WELSH Louis. – We are not going as this tender is clearly in favor of the Boeing B767. The specifications are intended for a smaller aircraft than the Airbus A 330 without taking into account the superior capabilities of the latter. I regret, because we have the best aircraft, which has won every competition in the world, including Britain and Australia, against Boeing. It was useless to file an appeal. I'm not sure the American taxpayer will be a bargain for the U.S. military, it has a plane less modern, less capable than Great Britain, Australia, Saudi Arabia or United Arab Emirates.

You build a factory in Alabama?

The site of Mobile in Alabama would assemble the tankers.Therefore, this assembly project in the southern United States is no longer valid. This decision does not affect our overall interest to the U.S. market. We have to develop.

In what trades do you develop in the United States?

For now, we look rather acquisitions of medium size, including the United States, but not exclusively. As for trades beyond the defense, we bear a special interest in services and security. But everything is a matter of expediency.

The euro-dollar is she always so critical?

Of course! And the euro at 1.35 dollar remains strong. I remember I started Power 8 in 2007 to address just one dollar to 1.35. This is not because we went from 1.50 to 1.35 as the dollar problem is solved! EADS had 9.8 billion euros at end December 2009.

What will you do with that war chest?

The Net Cash position is considerable, but we will in the next four years, reaching a peak of investment on the A 350. We must maintain a sufficient level. It is essential to maintain the trust of our customers, who pay installments four to five years before delivery of their machines. The cash position is also an important component of our rating. It is therefore a priority for us to protect it. Airbus beats records of shipments, but profitability is average.

The economic crisis is still there.Are you planning to launch a new savings plan?

In 2009, our accounts are strongly marked by the provisions on the A 380 and above on the A 400M (1.8 billion euros) and by currency effects, whose overall impact is negative in 2009 2.5 billion euros compared to 2008! Apart from these "special items" Our operational performance is satisfactory. End of 2009, we completed a year ahead of the expected savings under Power 8, or 2.1 billion euros. Power 8 + begins now and will run until 2012. To date, I have no plans identified new savings plan, but I do not want to tie my hands and we must be able to react to changes in our environment guaranteed approval cash loans