Investors in the Paris Bourse are enthusiastic on Monday afternoon. By 1530, the Cac 40 gained 3.15% to 3112 points. The index has grown steadily since opening in the red. The benchmark index of the Bourse de Paris has in fact started the session down 0.85% below 3000 points. But the trend was quickly reversed after a quarter hour rating. Clawing and point by point, the Cac 40 already displayed an increase of 1.46% in mid-session.
The index then continued its rise this afternoon. It seems not only able to keep the 3000 points, but maybe even finish above 3100 points.
What comfort to investors who last week saw the Cac 40 lost almost 7% in five days.
Elsewhere in Europe, the same trend has occurred. In London, the FTSE 100 gained 2.69% to now 5176 points.In Frankfurt, the DAX 1.89% 30 allows itself to 5583 points. And Italy, the FTSE MIB ahead even of 4.08% at 15,198 points.
The hope of change in Libya brings dynamism
Investors are eager to hear the speech of the U.S. Federal Reserve Friday, which should present the details of a new plan of monetary easing to support the U.S. economy. But in anticipation of this event, the operators have their eyes riveted to Libya where the rebels have entered in Tripoli. If pro-Gaddafi still resisting in the capital, rebel fighters have reached the Green Square, symbol of the regime. The fate of Colonel Gaddafi's head of oil-producing country seems uncertain.Seif al-Islam, presented in the past as the future successor of his father, was arrested.
The prospect of regime change boosts the price of crude on the New York Mercantile Exchange (Nymex), where a barrel of "light sweet crude" for September delivery was trading at 83.58 dollars to 15 hours, up of $ 1.32 from Friday.
Despite this enthusiasm, concerns remain about the global economic environment. The United States fears most concentrated with the publication of indicators increasingly mixed. This weekend, President Barack Obama admitted that his country was experiencing "a difficult, frightening recession." This should not reassure. He also accused the Congress to halt the reforms he wants to put in place to revive the economy.For his part, Vice President Joe Biden tried to reassure global stock markets and especially the Chinese, the first creditor of Americans saying the country would "never" by default.
Side the euro area, the problems of sovereign debt persist. As the political stalemate. Sunday, the German government has stepped up interventions in the media to reaffirm its opposition to European obligations, yet solution desired by the markets. "The Eurobonds are quite the wrong response to the crisis of the moment.They would lead us to a union of debt and not a union of stability, "said Chancellor Angela Merkel who judges the cost of this mechanism is too high for the economy of his country payday loans guaranteed no fax.
Several statistics to follow this week
Germany has lowered its forecast of budget deficit to 1.5% of gross domestic product (GDP) in 2011, in a monthly report of the Ministry of Finance released Monday.
Growth is slowing for the fourth consecutive quarter in rich countries, displayed in 0.2% from April to June compared with the previous three months, according to the Organization for Economic Cooperation and Development (OECD)."The gross domestic product (GDP) in the OECD area slowed to 0.2% in the second quarter of 2011, against 0.3% last quarter," said the organization in a statement Monday.
But investors expect a battery of statistics in the rest of the week including the manufacturing PMI for the euro area (Tuesday), the German IFO index (Wednesday), the weekly jobless claims in the U.S. (Thursday). Wednesday will be marked in France by the presentation of new conservation measures for the country to retain investor confidence and the "triple A".
Friday will be the busiest day with the second reading of U.S. GDP in the second quarter and the index of consumer sentiment.
As for currencies, the euro rose slightly against the greenback.The single currency is worth 1.4419 dollars this morning.
Banks and Total are displayed in the list of the values up
Banking
The AMF may decide Friday, after the close of European stock exchanges, to renew its ban on short selling on financial stocks, but this time for three months. The sector also bounced unevenly on Monday after sharp declines last week, Credit Agricole gained 2.76% this morning before falling back slightly in mid-session (-0.29% to 6.10 euros).BNP Paribas gained 0.95% to 33.06 euros, however Natixis crumbles from 0.76% to 2.86 euros, and Axa, from 0.34% to 10.24 euros.
For his part, Frédéric Oudéa, CEO of Societe Generale (1.34% to 21.15 euros), said Sunday that the nervousness that penalizes banks Scholarships could last "at least until early November."
Paris airport: + 0.73% to 54.17 euros
ADP has registered a record passenger traffic in July, with 8.9 million passengers, an increase of 4.6% over the same period in 2010.
France Telecom (1.04% to 12.68 euros), Vivendi (0.69% to 15.39 euros), Bouygues (0.97% to 21.92 euros) Iliad (1.39% to 80.70 euros)
Some operators are preparing for the end of unlimited Internet access in homes for some clients.
Total: + 3.36% to 33.065 euros
Leading the CAC 40, the title has hopes of a quick change of regime in Libya that would allow a reopening of the country's oil installations.
Tuesday, Nicolas Sarkozy and François Fillon discussed the new austerity measures that will be presented Aug. 24. Measures required for France to retain its credibility in the markets and keep its target of reducing the public deficit to 4.6% in 2012.
What was planned
In late June, the government thought it had completed the expenditure side of the budget in 2012. Apart from 30,401 job cuts in civil servants (to respect the rule of non-replacement of retiring in two), he foresaw no drastic measure. On the revenue side, the executive thought to stick to 2012 an increase of 3 billion euros of taxes.The measures passed in the fall of 2010 allowing themselves to raise $ 2.4 billion in 2012 (as on marriages and divorces, the solar panels, the plane niche), there were only 600 million small to find, mainly on fiscal and social niches.
The extra effort
In early August, speculation about the note of the French debt, and the publication of zero growth in the second quarter have changed the situation. The government announced Aug. 24 that he would introduce austerity measures complementary form of cuts in niches and expenditure savings. Measures that will be added so the plan stalled in late June. Given the number of the second quarter, many economists believe that French growth will not reach the levels anticipated by Bercy, 2% in 2011 and 2.25% in 2012.But it is not clear that the government revise its forecast from August 24. He fears that a premature review discourage households and businesses. The additional austerity measures could then be presented as a safety cushion. It evokes a total effort (including 3 billion already provided) between 5 and 10 billion.
The tracks for households
Arbitrations are not made but many tracks are on the table. The tax loopholes should have a new movement of the plane (that is to say, a lump sum reduction of the benefit), this time for devices on the income of 2012. Plane and 10% voted last year to 2011 revenues could be increased. "I especially hope that this plane does not, like this year, a score of niches, but more generally," said Philippe Marini, the UMP rapporteur of the Budget in the Senate one hour payday loan.His counterpart in the Assembly Gilles Carrez is on the same line. MPs also want to lower the overall ceiling of niches, now fixed at 6% of income over 18 000 euros. However, the idea developed by the UMP Jérôme Chartier limit to 50% of tax due from the advantage of niches does not seem to hold the rope. The niches on the overseas are in the spotlight, such as real estate. A lowering of Scellier to 15% in 2012 (instead of 18%) would be driven by Bercy. Alternatively, introduce a condition of income in the new interest-free loan, now open to all. He had already planned to eliminate discounts that apply to real estate gains (10% per year after five years), but only for undeveloped land for building. The system of all real estate gains could now be cured without jeopardizing the exemption for primary residence.Allowances on capital gains would also be looked securities. Gilles Carrez calls for taxation over the water, so each year of life. "This is something artificial, complex and betray the government's promise not to touch the life," Storm Bernard Spitz, the president of the FFSA (French federation of insurance companies). Finally, the government wants to tax the very high incomes. A track is preferred because it has the preference of parliamentarians: a new tax of 1% to 2% for annual revenues in excess of one million euros.
The tracks for business
The regime of worldwide profits (BMC) should be preserved. As the exemption of capital gains on the sale of subsidiary. "It is wrong to believe as Martine Aubry niche that weighs 22 billion. These cover 22 billion three years, "says one at Bercy.However, the carry back of losses could be limited to one year. Regarding the carry forward losses from the profits would be capped. Another idea: in the tax consolidation groups, 5% of the dividends would be taxed (whereas now they are exempt). Advantage of these measures: they affect large groups.
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Alone. While the deadline of August 2 is fast approaching, U.S. Republicans and Democrats still can not agree to raise the ceiling of the debt. The stakes are high: to avoid a failure to pay the United States.
That night, the U.S. Senate, dominated by Democratic allies of Obama, rejected by 59 votes against 41, the bill passed earlier in the day in the House of Representatives by Republican opponents (218 votes against 210). The plan was to raise the ceiling of over $ 900 billion in exchange for cuts in the amount equivalent to ten years. A second increase would take place in early 2012, during an election campaign for the presidential and legislative elections in November. The Democrats, meanwhile, favor a single increase in the ceiling of the debt.
Anticipating this fails, the Democratic majority leader, Harry Reid, took action after the election to try to get another text by Tuesday. "I asked my friend, the Republican leader (Mitch McConnell) to negotiate and he chose not to do," said Harry Reid soon after the Senate vote. It's a shame. I want to make a difference, "he added.
The United States has more than 50% chance to maintain their "AAA"
In the aftermath, the White House renewed its call for a "compromise" savings account payday advance."Now that this new political maneuvering is over, when the time runs out, the leaders of Congress must start working together immediately to reach a compromise that avoids a default and establish the basis of a reduction balance deficits, "said in a statement the spokesman of President Barack Obama, Jay Carney.
Despite the tense situation that is feared the worst for the U.S. economy, the rating agency Moody's does not think the note degrade the U.S. in the short term. She even intends to confirm its "AAA", but with a negative perspective …. This means that the country could lose its status as a safe sender in the medium term.For the rating agency, the U.S. has more than 50% chance to retain its best. "If we are convinced that the economy will take off in 2012 and will demonstrate strong growth, the consolidation process tax will be facilitated, "said Moody's analyst Steven Hess said in an interview with Reuters.
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"Nuclear power is one reason for the choice of France, not a choice of passion," said Eric Besson justified this Friday morning on Europe 1 radio. Recalling that the energy brought to France an "energy independence" and that it limited the emissions of greenhouse gases, the Minister of Industry, Energy and the Digital Economy has reported that "the certainty absolute "that electricity prices would be higher for the French consumer without nuclear.
The minister, however, announced that a "great foresight exercise", called "Energy 2050" was launched on Friday, "few hours". "We will study all possible scenarios (…) the energy mix for years to come."
No cases will be avoided, he said, "including so-called scenarios of nuclear power," even if "no belief" or "the choice of the Government and the President of the Republic." "To say 'out nuclear power', it means nothing, he said. What is interesting is to know where it is replaced, what consequences for the dependency [energy], how much it costs to businesses and consumers and with what consequences for greenhouse gas emissions. "
The program, which provides an "analysis of energy demand in France and the world" and "all sources of production" will be led by "the services of Bercy, with a number of experts and personalities independent, "the minister said without giving further details.
Fessenheim: no suspension or moratorium
Eric Besson has also confirmed that the Fessenheim nuclear power plant in Alsace will not be subject to suspension of its business, or a moratorium. "The Nuclear Safety Authority, which is totally independent of political power, EDF has given permission to stay in business for ten years subject to a number of works. So Fessenheim continue its business, "he added.
But he added that "Fessenheim be subject, like all French nuclear power plants in Fukushima post-audit," an audit requested by the government to learn from the nuclear disaster that occurred in Japan in March. "The nuclear safety authority may make other decisions," he said.
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The U.S. equity markets remain in negative territory at the beginning of the week. On Monday, the Dow Jones lost 0.23% to 11.977 points in early trade. The Nasdaq was down 0.21% to 2611 points and the S & P loose 0.23% to 1269 points. Wall Street had already finished the session on a mixed note Friday.
Despite a new rescue plan for Greece launched last night by finance ministers in Europe, U.S. markets are still worried, as their counterparts in Europe and especially Paris.
After the reassuring words of Heads of State French and German unit, which posted a welcome Friday, the firm tone adopted by the ministers at the weekend said that the issue will be very long to resolve.The central bankers in the eurozone have defined the conditions of payment of a further tranche of loans in July, but the finance ministers of the euro area indicate that the release of the loan must be accompanied by the vote of a new plan of austerity and privatization by the Greek Parliament. Banks and other private creditors and participate in this new plan. However the contours of the latter remain to be defined.
In the wake of renewed tensions, the euro falls against the dollar. To 11 hours in Paris, the single European currency was worth 1.4232 dollars against 1.4301 dollars on Friday night. In addition, oil continues to fall sharply, quoting under $ 92 in New York.
On the macroeconomic front, the week promises to be charged. Members of the Monetary Policy Committee of the Fed will meet this week.The release will be issued Wednesday evening and Fed Chairman Ben Bernanke will give a press conference after the meeting. Aurel BGC experts anticipate little change in the FOMC statement. They argue that the Fed chairman should emphasize the temporary nature of the slowdown and reject any idea of a new program of quantitative easing easy payday loans. Other highlights of the week, investors will monitor the number of housing sales in the old tomorrow and in the nine Thursday. Then Friday, they will learn the durable goods orders. The latter will benefit from a rebound in transportation orders, thanks to Boeing.
Boeing in the viewfinder
All eyes will be turned to precisely the Paris Air Show, which opens Monday. Boeing launches new version of its popular 747 jetliner, highly anticipated.In an interview with Le Figaro, Jim Albaugh, CEO of Boeing Commercial Aviation (-0.42% to 73.85 dollars) believes "it takes 30% of the world to survive over time."This morning, the airline Qatar Airways has placed an order with Boeing for six long-haul 777-300 ER for $ 1.7 billion (list price).
The Supreme Court of the United States halted Monday the complaint historic partnership of more than one and a half million employees and former employees of U.S. giant WalMart Distribution (1.06% to 53.38 U.S. dollars) wage discrimination.
NYSE Euronext (-0.06% to 33.32 dollars) announced Monday in a statement the actual launch on July 11 of the first platform for bond trading companies in Europe, the project has given the green light of the Financial Markets Authority (AMF).
The side of values, General Electric (-0.48% to 18.40 dollars) has reached an agreement in principle of the two largest unions of the company for new contracts."The four-year contract will enable advances on wages, pensions and job security. "
For his part, PetSmart (0.74% to 43.71 dollars) will increase its quarterly dividend to 0.14 dollar per share against dollar before 0125. The board also authorized a share buyback program of $ 450 million.
The new operational boss of Renault will have to quickly roll up their sleeves, as the challenges that await her number. First priority: to forget the disastrous management of the spy case, which has deeply shaken the entire company, three frames have been wrongfully dismissed. It will include restoring the confidence of employees towards the direction of the group, widely discredited by the fiasco, in which, besides Patrick Pelata, the former number two, several executives have been implicated.
Meanwhile, Carlos Tavares will restore momentum to a manufacturer whose weight continues to fall within the Renault-Nissan. The Renault group has passed 2.6 million cars last year, against 4.1 million for the third Japanese manufacturer.
But the weight of the Renault brand is actually much lower.Between 2004 and 2010, sales of cars in the diamond fell from 2.3 to 2.1 million vehicles, while Renault Samsung Motors of Korea has almost doubled and Dacia, the Romanian subsidiary low cost has increased by 3.5. In total, counting models badged Dacia Renault in emerging countries, these low-cost cars represent 26% of group sales.
The difficulty now is to create a range "consistent with more innovative products and smarter, more relevant to the roots of the brand," said Thierry Huon, an analyst at Exane-BNP Paribas best payday advance. Only problem, Renault will not have real news before Zoe Electrical and Clio 4, arriving in the second half of next year.And in the upscale, replacements of the Laguna and Espace will not come out until 2013-2014.
As acknowledged by Steven Norman, director of marketing at the recent meeting of the group, Renault has faced in recent years to two problems: a design that was too bland arbitrate potential buyers for other manufacturers and quality problems in the mid-2000s, which drove away some loyal customers. Fri Laurens den Acker, the new design director, is responsible for restoring the "seduction" to the brand.
The Chinese challenge
The group, which in February unveiled its new strategic plan with relative indifference because business, seeks a total of 3 million cars in 2013.The European market is sluggish, almost all the growth will occur outside the Old Continent, particularly in Brazil and Russia, which could become, as calculated by the group, his second and fourth largest market in this horizon. For now, Renault has the huge disadvantage of being absent from the Chinese market, the largest market in the world. Carlos Ghosn is planning an implementation of the Middle Kingdom between 2013 and 2016. Another challenge for Carlos Tavares.
On Wednesday morning, the Cac 40 should be around equilibrium. Yesterday, the index stabilized at above 3900 points, after starting the week on a Loude loss. Concerns over European debt crisis seems to dissipate somewhat. The Netherlands and Germany are threatening to commit the privatization of the Greek economy to foreign experts, reveals leFinancial Times. A new threat which seeks to lobby the Greek government to take drastic cost-saving measures.
All eyes are turning mainly to the Economy Minister, Christine Lagarde, the favorite to succeed DSK to head the International Monetary Fund, which should give a press conference "important" to the Department late Wednesday morning.
With regard to the Icelandic volcano, France should be minimally affected, which should reassure the airline industry.
Next major economic figures to be followed today: in France, we will look particularly figures on registered unemployed and job advertisements collected by Pole in April. He officially fall to 18 hours. In Germany, the GfK barometer of consumer sentiment will be released at 8:30. United States, is expected at 14:30 durable goods orders in April, at 16.30, the weekly inventory of crude oil.
Airbus confident for Le Bourget
Side companies, consumer complaints of gas and electricity rose 25% in 2010, about problems with their energy supplier.The mediator of Energy notes that complaints from customers at 43% of GDF Suez, to 38% of EDF, 12% of Direct Energy and 4% of customers Poweo.
Airbus and its parent EADS were optimistic Tuesday on future orders at the Paris Air Show in June in a market "active."
The French group Alstom and its Chinese joint venture Casco signed two contracts worth a total of 85 million euros for the supply of signaling systems in metros of Shanghai (east) and Kunming (south) direct payday lenders.
The partner of minority shareholders (Adam) who assigned Tuesday referred the saddle for Hermes "deprive" the essential rights of family voting at the next general meeting, has been confronted with an invalid procedure and case was adjourned to July 12.Or after the meeting to be held June 30
Casino on Tuesday denied having agreed to the opening of the opening of negotiations between the Brazilian distributor GPA, which holds 35%, and Carrefour Brazil.
PPR and Volcom announced Tuesday it had received notification of the end of the statutory review period on the bid of French on the American brand.
Rexel announced Tuesday it had won its bond issue of 500 million euros, whose order book has surpassed 1.8 billion euros.
Eurazeo Tuesday announced a capital increase, offering its shareholders one new share for 20 old shares held as of May 25, 2011.
The land Gecina in 2nd place behind France in Unibail-Rodamco will continue to sell its assets in Spain and in the logistics industry, said Tuesday its chief executive Christophe Clamageran.
BioMerieux announced Tuesday that the Health Authority (FDA) had recorded rapid testing and automated molecular diagnostic NucliSENS EasyQ MRSA screening for patients infected with Staphylococcus aureus resistant to methicillin.
Europacorp publish its annual turnover, while LCD (poultry) will announce its annual results after-hours trading.
Associated with the circumstances of departure, the figure will not be without cause some backlash. Dominique Strauss-Kahn, managing director resigned from the International Monetary Fund (IMF), should reach about 250,000 euros in compensation, according to several media. The ABC even mentions an amount closer to 300,000 euros.
The IMF issued a statement challenging the magnitude of the sums advanced. Nevertheless. The contract of a head of IMF does provide for the payment of a "separation allowance" which is triggered automatically if the mandate is terminated before completion.According to the deliberate calculation based on the formula detailed in the contract, the compensation amount to 60% of final annual salary received by Dominique Strauss-Kahn, who is 441,980 dollars (310,000 euros) from the report 2010 of the institution.
A pension supplement
The allowance is supplemented by the payment of retirement by the IMF as DSK has completed more than 3 years in office. "Annual payments for subsequent years will be much less important," the IMF said.
The amounts have not yet been released by the Fund. But the clause providing for the allocation works even in the case of resignation related to legal proceedings, and the IMF should not oppose it. DSK is not the first to receive this allowance. His two predecessors who also left their positions in anticipation hit the allowance.The severance pay granted to a director involved in a sex scandal may be more difficult to sell to the public. When leaving their office, the Spaniard Rodrigo Rato had cited family reasons, while Horst Köhler became President of the Republic in Germany.
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The Paris Bourse has hoisted the green flag on Wednesday, spurred by bargain hunting and foresight of a debt rescheduling Greek. At the close, the CAC 40 advances 0.92% at 3978 points. On Tuesday, the Paris stock exchange had closed sharply down by 1.21%. Only on the last four sessions, the Cac 40 lost nearly 3%.
Other major European stock markets followed the same trend: the Footsie-100 from the London Stock Exchange gained 1.07% to 5923.49 points and the DAX 30 Frankfurt Stock Exchange rose 0.65% to 7303.53 points .
Europe envisages a 'soft' restructuring of Greece
The option of a debt rescheduling Greek owned gaining ground in Europe. If Greece is making efforts, "we will see if it is possible to have a smooth restructuring of the Greek debt, said Tuesday the leader of the finance ministers of the eurozone, Jean-Claude Juncker.For Jurgen Stark, a member of the Board of Directors of the European Central Bank, a Greek debt restructuring would be a "recipe for disaster." Greece should "accelerate structural reforms" in particular to reduce the public sector, said his side on Wednesday the head of the IMF mission in Greece, Poul Thomsen.
In an interview with figaro.fr last September, the director of the Institute of High Finance, Philippe Dessertine, had said that if Greek debt rescheduling, "banks could again face a liquidity crisis . Therefore, they could no longer fund the financial markets.New tensions are therefore likely to appear on bank stocks. "
For now, investors seeking to reassure banks and bounce: Natixis gaining 0.93% to 3.80 euros, BNP Paribas takes 1.08% to 53.40 euros and Societe Generale advance of 0.41% to 41.92 euros.
On the macroeconomic front, the number of start-ups in April fell 18.3% to 42,984 compared to March, according to figures from INSEE.
United States, markets await the release of Fed minutes to 20 hours.
Oil bounces
On the foreign exchange market, the euro has stabilized at 1.4256 dollars at the close of trading in Europe, against 1.4234 dollars late Tuesday.
For their part, oil prices rose. On the New York Mercantile Exchange (Nymex), a barrel of light sweet crude for June delivery traded at 98.05 dollars, up $ 1.14 compared to the previous day.U.S. inventories of crude oil fell against all odds last week, said Wednesday the U.S. Agency for Energy Information (EIA). Crude inventories were down 15,000 barrels to 370.31 million. Economists on average had expected an increase of one million barrels. Gasoline inventories rose much less than expected, rising by 119,000 barrels to 205.94 million, against an estimate of an increase of 800,000.Total is 1.05% to 40.76 euros.
Telecoms weakened by the crisis of sovereign debt
Thales: +0 payday loans.36% to 29.34 euros
On the occasion of the general meeting of the group, Lee CEO of Thales, Luc Vigneron, showed caution Wednesday to its shareholders as to the outcome of the discussions of asset exchanges in the defense with Saffron, who recently taken over a year after being interrupted for lack of agreement on their terms.
France Telecom: + 0.64% to 15.63 euros
France Telecom expects further consolidation operations or cooperation in selected markets in telecoms, driven by growing investment needs, "said Director of the French group's mobile activities.
In addition, Moody's has estimated that Telecom are very sensitive to macroeconomic conditions and notes some operators in European countries hit by the debt crisis (Greece, Spain, Portugal, Ireland) could be affected. Bouygues advance of 0.37% to 32.56 euros, Vivendi (SFR) is gaining 0.44% to 19.19 euros and Iliad (Free) is 1.54% to 86.97 euros
Unibail-Rodamco: 1.92% to 151.05 euros, the biggest increase CAC 40
Unibail-Rodamco has announced that the Chamber of Commerce of the Amsterdam Court of Appeal had ruled on the purchase price of 660,562 Rodamco Europe NV shares still held by minority shareholders. It has priced shares in Rodamco Europe 87.66 euros per share.Unibail-Rodamco will own 100% of Rodamco Europe following the decision.
Areva: + 3.27% to 30.16 euros
Areva and the Commissariat à l'Energie Atomique (CEA) announced the successful takeover offer simplified investment certificates (IC) cons of Areva shares. This will help convert the entire ordinary share capital. The listing of CI will be suspended from May 24
Peugeot: -0.22% to 29.75 euros
PSA Peugeot-Citroen on Wednesday the foundation stone laying of its third factory in China, according to La Tribune. Like the other two located in Wuhan, central China, the new plant should be able to start in 2013.Initially the plant will produce 150,000 vehicles and 300,000 from 2015.
Technip: 1.28% to 70.30 euros
Technip won a contract from BASF under the Partnership and engineering services for projects of chemistry and petrochemistry.
Atari: + 5.63% to 3 euros
Atari has announced its decision to sell Cryptic Studios, the development studio acquired videogames there is barely two and half years.
The Tanner: + 23.61% to 6.44 euros
Qatar Luxury Group has repurchased nearly 53% of the leather goods Tanner to 6.51 euros per share and will file a tender offer to purchase the rest at the same price in the days to come, said Tuesday the two entities.
After market, Soitec was to publish its annual results.
Launched in 1984, Avanquest Software, which currently generates a turnover of nearly 90 million euros and employs 570 employees worldwide, is present in the United States, Asia and Europe. From the outset, the choice of an international position has emerged at Bruno Vanryb. With a particular appetite for the U.S., according to him indispensable in the business software and high-tech, since it across the Atlantic that produce the bulk of innovations. "I always thought that a French company that does not succeed in America is not intended to succeed internationally. From the beginning, so I wanted to bet on the American dream.It gives me great adventure: have 50% of its sales in the U.S., selling software to the Americans is quite special, a bit like selling ice to Eskimos "Mollé Morgan says there.
Last year, the company has focused on France by acquiring Micro Application, the leading French publishers of the public. "By force of being developed internationally, we forgot the country where we have our headquarters and where we are publicly traded, that is to say France," explains the manager. An acquisition that enables Avanquest Software to be number one in France."Micro Application, not just 20 million euros of turnover, are also thirty years experience in software, with great managers who will bring us many new ideas."
Must smartphone
Another development technology this time, also had a major impact on the activity of Avanquest Software: "cloud computing", literally "cloud computing". "Cloud is a trend. It's really the dematerialization in general. We started with a computer in which they put a floppy disk and now you can access all data from anywhere. This is the total convergence. You take a program like that of the Highway Traffic Avanquest, you can have it on Facebook, your phone, a gateway for Nintendo … That's the future: convergence, access everywhere everything.Why must the cloud, it is the servers, "explains Bruno Vanryb.
Among the underlying trends at work in his area, the connection with smartphones is in his eyes became an essential element. "You can not make a software if you do not its function smartphone. So we have to invest to be very strong in these technologies, and only the best will survive, "predicted the leader. By joining the gesture to speech: Avanquest has launched an application for BMW, via smartphones.
"Discovering the circle Figaro Impressions of Contractors with HP
