LE FIGARO. – RTL ended the season with 12.1% audience. The media is 80.9%. Is not it a little low?
Christopher Baldelli. – The radio has a very good season from September to June with a small decline in April-June RTL is an excellent survey. It confirms two points, observed since January: our audience is progressing and RTL accentuates the gap with the second. This had not happened for two years. Our radio division overall is doing very well. Fun Radio even recorded the strongest growth of all radios throughout the season.
RTL is not followed by NRJ, a musical, but by the France Inter generalist. How do you change the competition?
I come from television. I found the radio, fierce competition. It is multiple, strong, and has talent. The performance of RTL is to have strengthened its leadership this season.Having a generalist such as France Inter behind us is exciting. But I do not choose the number 2. What matters is the performance of RTL, its audience and the gap to the next.
France Inter is leading in some quarters of an hour of the morning, between 12:00 and 2:00 p.m., and 18 h 45-20 h 15. What is your parade?
RTL is the undisputed leader on the morning throughout the season. However, we will intensify our efforts to return in the morning, with Yves Calvi, and lunch with Laurent Bazin and Elizabeth Martichoux.
You just changed the schedule for the 2009-2010 season.The next will Does your brand?
The schedule of RTL is both mine – I made some changes in September with Bixente Lizarazu and Eric Zemmour in January – as it is Axel Duroux, my predecessor, and that of his predecessor, Robin Leproux. If we have been active in the transfer market this year is because our grid is strong and there were points to be strengthened. This is not about egos but effective. There are a lot of our competition and offer must be constantly improved. Thus, the arrival Flavie Flament help to feminize our audience. We want to make a popular radio quality and also of interest to AB +. All our hires are part of this logic.
What will the impact of these arrivals gate at your cost?
I announced that we would be active in the transfer market.The cost of the grid RTL enrich well will be nearly identical to last season. We have begun a savings plan for 20 million euros over three years but we do not rule out investing in the grid at constant cost. Thanks to good audiences and advertising revenue growth, particularly in the second quarter, our profit margin will increase from 2010. This will be a double-digit growth. We aim to improve profitability on all radios without sacrificing programs. We are not in a purely managerial logic but first performance.
What are your goals for long-term stations?
Fun Radio has already made a nice progression of Hearing. We must now expand the total supply, with major events such as Starfloor at Bercy. This allows work on the brand and diversify our sources of income.I have no other target audience for RTL to be the best. We will launch in September a new website rtl.fr, which will more room to podcast and video. The mark must be alive and present in almost-French. We can not measure the impact on the audience, but it contributes.
There are so many add-on features to every insurance policy that add up to more expense for the consumer that every person who signs up for
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We thought the matter carefully crafted, but Germany poses new threats to the Greek question. Uncertainties that could affect the markets in Paris, on Monday, including bank stocks. The index futures rose 0.43% to 3895 points.
On the macroeconomic front, no significant statistical indicator is expected, both France and the United States.
Air Liquide has posted a quarterly net sales up 5.2% to 3.1 billion euros.
Accor has also published its sales for the first quarter, pre-market Monday.
Other Value to follow Air France payday loans. The inquest into the crash of Flight AF447 in June 2009 confirms that the speed sensors have contributed to the crash but also puts into question the maintenance, so that will continue research to find the black boxes.The Airbus A330 Air France was on the route Rio-Paris crashed into the Atlantic on June 1, making 228 deaths.
The AXA Rosenberg Investment Management, AXA Investment Managers company revealed it had discovered an error in a modeling program that may effectively reduce some risks in his system to optimize its portfolio.
Its cost justifies his epithet "superniche. Since 2007, companies no longer pay tax on gains on the sale of their subsidiaries, provided that they have held at least two years. However, this exemption – also known as "niche Cope" according to the budget minister at the time – has generated a shortfall for the state $ 3.4 billion in 2007, 12.5 billion in 2008 and 6.1 billion in 2009, according to figures from Bercy. And it is only the crisis that has lowered the rating last year, companies unwilling to yield to loss of equity.
"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.
Pension reform and reduction of tax loopholes: these two subjects, the heart of the government program, may well overlap. To fund the pensions, Eric Woerth, Minister of Labour, said on Monday opened "a few additional contributions. This should involve some capital income – an area teeming with tax exemptions. But the review of tax and social niches, as Paris has pledged to implement vis-?-vis Brussels can hardly ignore the many measures that benefit retirees empire payday loans. If one puts aside the niches considered creating jobs (employees at home …) or too symbolic to be touched by the current government (VAT restoration), these devices "retirees" are indeed among the most expensive for public finances.
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The key index in Japan climbed this morning from 1% to 11,200 points while circles around 6:45 am, covered not only by large manufacturers' confidence nipon – Tankan index – rose for the fourth straight month in March (his highest level in 18 months), and the warm welcome to the new-comer on the Tokyo Stock Exchange: Dai-Ichi.
The Action Group Life Insurance, Dai-Ichi Life surged 14.29% from its initial price Thursday in Tokyo on his first day of trading, a short meeting for the title, because the size exceptional operation.This IPO is the operation most of the world for two years.
The Nikkei 225 wins on Thursday and a record not achieved since October 2, 2008, two years ago.
Green throughout the area
Elsewhere in the Asia-Pacific green is also honored, including the Hang Seng in Hong Kong, which amounted to 21,439 points (0.94%), the S & P / ASX Australian rises from 0, 29%, 4 payday loan no faxing.889 points, while the trade deficit widened to 1.92 billion Australian dollars (AUD) in February.
The Singapore Straits Times broke the 2900 points to 2921 points exactly, an increase of 1.2%.
In Shanghai, even optimism, with a CSI 300 Index which accounts for 1.1% to 3382 points.Bank of China will invest up to 6 billion yuan (about 650 million euros) in the company in charge of the draft high-speed line between Beijing and Shanghai.
Thus, the destruction of jobs in the U.S. private sector, which ended a series of five consecutive sessions of gains on Wall Street Wednesday, have not impacted the Asian stock markets on Thursday.
In morning trading, a barrel of light sweet crude for May delivery yielded 43 cents to 83.33 U.S. dollars while Brent North Sea due to the same, losing 39 cents to 82.31 dollars.
The euro fell Friday to its lowest level since May 2009. This morning, the single currency goes on its third session decline and fell below the $ 1.37, after passing down the threshold of 1.38 dollars the previous day (Thursday evening about 22 hours). It reached 1.3648 dollars around 9 am 30. It's a new level for the single currency since May 9
Since the beginning of the year, the euro lost 2.5%.
This drop is explained in particular by the concern of traders due to budgetary problems of many countries in the euro area. Many expect a strong intervention of Europe and even appealed to the International Monetary Fund (IMF) to help Greece to get out of a budget crisis without precedent.
Another concern is about the euro on the currency market, the case of Spain, which has poorly digested crisis including an unemployment rate of nearly 20%.Besides Dominique Strauss-Kahn, IMF head, spoke Thursday on RTL crisis "very strong in Spain and that the country had" an effort "to reduce public deficits Business Card Holders . The Spanish public debt has soared just over 60% of GDP in 2010 while in 2007 it accounted for only 36.2% of GDP.
Tuesday, Paul Krugman, Nobel Prize in Economics in 2008, believed that Spain was the main weakness in the euro area. To this the Spanish Minister of Economic Affairs, Elena Salgado, has responded Thursday by saying on the radio station La Cope: "The euro is a very strong and we continue to strengthen the currency.I see absolutely no risk for the euro area, "adding," there may be a lack of understanding about what the euro means for our economy. "
Another country in the euro area is also starting to worry, Portugal, again because of deteriorating public finances of the country. Besides the titles of Portuguese banks fell by 5 to 6% Thursday on the Lisbon Stock Exchange.
Good news on employment front in the United States. New entries in unemployment at its lowest since September 2008, to 452,000 in the week ended on December 18. This figure comes after two weeks of up and confirms the downward trend observed since late March in the United States.
Analysts do not expect a decline of this magnitude and had forecast about 470,000 new registrations. The total number of unemployed receiving benefits rose to 5.07 million, a decrease of 127,000 persons over the previous week.
The Department of Labor, which published the statistics, held relative to this development, stating that "this week in particular is extremely difficult to adjust for seasonal variations, because the raw numbers can be very different depending on the configuration calendar year. Clearly, the actual unemployment has probably not declined much.
