Wall Street hesitant before the promise of land sales

Thursday, September 2nd, 2010

Wall Street opened on a tentative note, awaiting the promise of land sales, while jobless claims fell against all odds but that productivity was revised down sharply. A few minutes after the start of trading, the Dow Jones gained 0.04% to 10,273.86 points, the Standard & Poor's 500 index ...

The HLM victims of financial products to high risk

Wednesday, September 1st, 2010

A portion of the housing agencies in France find themselves vulnerable after having used the toxic financial products like subprime to the tune of seven billion euros, wrote Wednesday's Tribune. The business daily quoted a report on the subject conducted by the Interministerial Mission for Social Housing inspection (Miilos). ...

The contraction of the Spanish GDP in 2009 revised to 3.7%

Wednesday, August 25th, 2010

Spain's economy shrank 3.7% in 2009, slightly more than initially (-3.6%), revised official data showed on Wednesday. The national statistics institute INE said the review by changing the balance of trade figures, which are now showing a fall of 11.6% -11.5% of exports cons previously announced, and a decline ...

The real game is against Kerviel Button

Saturday, August 21st, 2010

18.15: Final Questions of the President: "There is a bank that claims 5 billion euros. What does that mean to you?" "I am conscious of having gone too far, but things do not happen as simply as this does mean that Societe Generale, defends Jerome Kerviel. "Were you made ...

Lower earnings and sales of Thomson Reuters in Q2

Thursday, July 29th, 2010

Thomson Reuters Publishes earnings and quarterly sales decline, slightly below Wall Street expectations, but anticipates a return to revenue growth in the third quarter. Its current operating profit fell 17% to 655 million dollars (500 million) and earnings per share adjusted income is 47 cents against 58 cents in ...

The Elysee imposes a strategic alliance between EDF and Areva

Tuesday, July 27th, 2010

EDF and Areva will conclude a strategic partnership agreement covering all their areas of common interest in nuclear power, said Nicolas Sarkozy. The possibility of a stake in the capital of EDF, Areva will be considered in the context of this agreement, the Elysee said in a statement. ...

Great success of European banks to test resistance

Friday, July 23rd, 2010

Only seven of the 91 European banks subject to stress tests have failed and may need 3.5 billion euros of additional capital, according to test results released Friday by the Committee of European Banking Supervisors (CEBS). Five Spanish banks, Civica Cajasur, Unnim, and Espiga Diada, a Greek bank, Atebank ...

Wall Street opens higher in small

Wednesday, July 7th, 2010

U.S. stocks opened higher Wednesday in a small market conservative, always worried about growth prospects. In the first exchanges, the Dow Jones gained 0.2% or 20.14 points to 9767 points, while the Standard & Poor's 500 is 0.4% or 4.47 points to 1,032.53 points and the Nasdaq Composite advanced ...

European markets close an down, Paris lost 0.48%

Monday, July 5th, 2010

Major European stock markets closed lower Monday after a session marked by limited volumes due to the closure of Wall Street after the U.S. national holiday. The Paris Bourse ended were down 0.48% at 3332.46 points, while the FTSEurofirst index of leading European values closed at its lowest level ...

Edenred up over 20% in its first meeting

Friday, July 2nd, 2010

The title Edenred (ex-Accor Services) signed the largest increase in the CAC 40 and traded more than 20% above its reference price Friday on the Paris Bourse, investors buying attractive valuations and good prospects group. At 10:55, the group action of prepaid services, resulting from the division of Accor's ...