The CAC 40 continues its forward march
After playing the "yo-yo these days, the CAC 40 continues to move closer to 4000 points. So much so that the index confirms its Paris flagship positive trend since the beginning of the year (0.46%).
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.
