The IMF estimates that Italy is on track

Wednesday, May 16th, 2012

The International Monetary Fund (IMF) on Wednesday called on Italy to continue its economic reforms to sustain growth, saying the country on track. Speaking after its annual review of the Italian economy, the head of the IMF European Department, Reza Moghadam, has shown strong support for the president ...

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Hawker Beechcraft has emerged from bankruptcy in late 2012

Sunday, May 13th, 2012

Hawker Beechcraft has emerged by the end of the year of its investment under the protection of Chapter 11 of U.S. bankruptcy law, after which its creditors become its main shareholders, said Sunday its CEO Shawn Vick. The Boeing, co-owned by the private equity arm of Goldman Sachs ...

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 ...

Holland will have to battle with Berlin to its growth pact

Sunday, May 6th, 2012

Very quickly, the new president will have to convince Angela Merkel to grab the wallet for restoring growth. Chancellor Angela Merkel in Berlin. The new French president-elect, Francois Hollande, will soon have to hire tough negotiations with its European partners, led by Germany, if he wants to achieve its ...

The Technicolor CA back in Q1

Thursday, April 26th, 2012

Technicolor announced Thursday a turnover down 1.5%, a performance nonetheless considered "solid", saying the group can achieve its financial targets in 2012 despite restructuring charges e lifted. Sales totaled 800 million euros over the period while the division "connected home" which includes the manufacture of decoders has successfully ...

European shares piecemeal, Paris opens down

Wednesday, April 18th, 2012

The main European stock markets are evolving in a disorganized in early trading Wednesday, following a strong rebound caused by an easing of tensions on sovereign debt in the euro area and a series results better than expected in the United States. In Paris at 10:01, the CAC ...

Madrid will not need help its banks, confirms the EC

Wednesday, April 11th, 2012

The European Commission continues to believe that Spain would not need financial assistance from the euro area in order to recapitalize its banks Wednesday said a spokesman. Asked if the Commission felt that Madrid was always able to avoid stressing the currency bloc to preserve its banking sector, ...

The indices on Wall Street opening in a disorganized

Tuesday, April 3rd, 2012

The three major indexes on Wall Street started Tuesday's session in a disorganized and with small deviations, pending orders to industry and the minutes of the last First meeting of the Federal Reserve. In early trade, the Dow Jones lost 0.12% to 13,248.75 and the S & P ...

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% ...

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, ...