Statoil publishes a record profit in Q1

Tuesday, May 8th, 2012

Statoil Tuesday reported record quarterly earnings in favor of a higher-than-expected oil production, which led to the Norwegian group reaffirming its forecast for the whole of 2012. In the first three months of the year, adjusted earnings came in at 59.2 billion kroner (7.8 billion) against 47.2 billion ...

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Wall Street ends in a disorganized, statistics weigh

Thursday, May 3rd, 2012

The Dow and S & P 500 finished down slightly Wednesday after figures from the private sector employment worse than expected, raising fears that those for all sectors, expected Friday, will in turn lower than expected. The Dow Jones Industrial 30 yielded 0.08%, or 10.75 points, to 13,268.57. ...

Exxon and Rosneft signed a strategic partnership

Monday, April 16th, 2012

The Russian oil company Rosneft and his U.S. counterpart Exxon Mobil signed Monday a strategic partnership providing a major access to North American projects for Exxon and joint research in fields of the Russian Arctic. After almost a year of discussions, the CEO of Exxon Rex Tillerson has ...

Down 23.5% of the French automotive market in March

Monday, April 2nd, 2012

Registrations of new cars in France fell by 23.5% in March in raw data, reflects a comparative worst than ever in 2011 when the scrappage dopait sales further. Renault shares (-1.83%) and PSA Peugeot Citroen (-2.61%) have the largest declines in the CAC 40 index which is 0.43% ...

First quarter to win the credit market

Friday, March 30th, 2012

Sovereign debt of countries weakened the euro area and private debt, risky assets on the fixed income markets, have been the big winners of this first quarter of 2012 through excess liquidity as it allowed the risk-free assets such as German government bonds to remain efficient. The credit ...

European shares fall in mid-session

Friday, March 23rd, 2012

Global equity markets are reluctant Friday, investors wondering about the prospects for growth. After a slight rebound in the morning after four sessions of consolidation, the main European stock markets are down in mid-session, while Wall Street is expected on a Note stable or slightly downward. In Paris, ...

Faced with overcapacity, the automotive sector calls for EU

Thursday, March 8th, 2012

Faced with chronic overcapacity, European car manufacturers are calling now to the European Union to try to solve a problem beating down their results and weakens against to competition from outside the EU increasingly present. The chief executive of PSA Peugeot Citroen, Philippe Varin, said Wednesday that his ...

Coca-Cola beats consensus, plans to cut costs

Tuesday, February 7th, 2012

Coca-Cola released Tuesday quarterly net income down, although higher than expected, and announced a new program to reduce its costs, which pushed up the title of 1.3% in pre-market trading. Net income in the fourth quarter totaled $ 1.65 billion (1.25 billion euros), or 72 cents a share, ...

European shares in the green mid-day

Tuesday, January 31st, 2012

European shares continued their rally Tuesday in mid-session while the euro brushes $ 1.32 bar, in markets supported by the hope of an agreement on restructuring Greek debt by the end of the week. </ p> Around 13h, the CAC 40 1.29% advance to 3308.29 points, after close ; Monday ...

Saturday, November 26th, 2011

The level of consumer confidence in the French economic situation is similar to that which prevailed at the height of the financial crisis began in 2008, a negative signal for the consumer to a few weeks holiday season. The French surveyed by INSEE in November have also never been ...