Tuesday is likely to be as calm Monday in the Paris Bourse. The CAC 40 session begins at equilibrium, up slightly from 0.10% to 3907.51 points. The London Stock Exchange opened from 0.20% to 5618.01 points while the Dax in Frankfurt Stock Exchange began the session down slightly from 0.05% to 5872.57 points.
Yesterday, the Paris markets have ended on a slight decline of 0.18% despite opening in the green (0.35%). In Asia, the situation calmed after the euphoria of Monday. The numbers of U.S. employment, less worse than expected, to cease their invigorating effect. Monday already, Wall Street closed haphazardly in a sitting motionless.
The wait dominates before the publication of figures and important clues on the weekend.French side, there will be foreign trade figures for January and industrial output (Wednesday), the French deficit figures, the trade balance and the number of weekly unemployment in the United States (Thursday), and finally, the much anticipated index of U.S. consumer confidence (Friday).
Today's meeting will be hosted by the new corporation. Two publications of annual results of companies in particular should lead the market: those of Eurotunnel and EADS, the latter having also announced that he threw the towel in the bidding on ravitalleurs for the U.S. Army .
EADS in the collimator
EADS announced on Tuesday a loss in 2009 of 763 million euros against a profit last year of 1.5 billion.The group expects a 2010 EBIT of $ 1 billion against 2.2 billion (before provisions) last year, and a stabilization of sales to 42.8 billion euros. Furthermore, EADS and its U.S. ally Northrop Grumman said the night they did not submit a bid for the tanker contract from the U.S. Air Force, saying it benefits their competitor Boeing payday advance low fees .
April said Monday up 20% of its net 2009 profit 72.7 million euros. Financial products have more than doubled to 18.6 million. The insurer expects for 2010 a double-digit growth in its gross margin, with a positive impact on its operating margin (13% in 2009).
Total confirmed yesterday the closure of the refinery at Dunkirk and the fulfillment of its participation in the construction of an LNG terminal with EDF.
In addition, the electrician announced a collaboration with Rosatom, the Russian nuclear energy giant, in the development of reactors for third countries. Other partnerships are being negotiated with Russia in the field of electricity and fuel.
Sanofi Aventis and Merck announced Tuesday the creation of a joint venture equally owned in the area of animal health together their subsidiaries Merial and Intervet / Schering-Plow. The agreement created should be finalized within the next twelve months.
Eurotunnel remained in the black in 2009, with net income of 1.4 million euros but a turnover of 571 million euros, down 16%. Jacques Gounon, Eurotunnel's CEO, recalls in an interview with Le Figaro, his intention to "market share" in the future. The group will pay the same dividend as last year, ie 4 cents per share."The payment of a dividend reflects our confidence and determination in 2010," commented Jacques Gounon.
Vicat release after market close.
"INTERVIEW – J. Gounon, Eurotunnel's CEO comments on 2009 results
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After the sharp market downturn in Paris last weekend, with the Cac 40 lost nearly 7% in 48 hours, optimism is in order at the beginning of the week Award paris.le CAC 40 is up 0.89% to 3595 points.
On the macroeconomic front, gross domestic product (GDP) of France is expected to grow by 0.5% in first quarter 2010, according to a first estimate of the Banque de France (BdF) on Monday.
The latest forecast from the National Institute of Statistics (INSEE) published December 17, the economic recovery in France will confirm in early 2010 but will be "laborious and delicate, with a growth of around 0.3 % to 0.4% per quarter until midyear.
The government recently revised upward its growth forecast for this year, rose 0.75% to 1.4% in the revised budget.
INSEE has published Friday its first figures on French growth in the last quarter of 2009. The government forecasts a GDP drop of 2.25% over the last year.
The detailed values to follow.
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China moves away from deflation. With a rise in the index of consumer prices for the first time since January (0.6% in November, a year), the figures published by the National Bureau of Statistics announced the end of a deflationary movement, or at least its slowdown. Of the first eleven months of the year, the index remains in negative territory -0.9%.
This index, which goes into the green could bring the Chinese government economists to rethink the current monetary policy is highly flexible to support the recovery.
Industrial production for its share jumped 19.2% yoy in November, after rising 16.1% in October.Jing Ulrich of JPMorgan said that "industrial activity will continue to grow thanks to strong domestic demand and improving exports.
With 19.09 billion dollars more in November, the trade surplus since the beginning of the year totaled 177.96 billion. Regarding investment in fixed assets in urban China, they rose 32.1% year on year between January and November, against 26.8% over the same period of 2008, according to NBS figures.
In November 2008, before the Chinese government launched an ambitious plan to revive the economy on some 400 billion euros of expenditure, particularly in large infrastructure projects.For many economists, the recovery of activity, coupled with rising exports and strong growth in Chinese gross domestic product in 2009, could lead to an appreciation of the yuan in 2010.
"China is emerging OECD recession
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The staff of Leica range in France climbs in France. No more view on the device and Gennevilliers. The teams of the prestigious manufacturer of optics and cameras, whose headquarters was located in the suburbs of Paris for 25 years, have won the exchange. Now they literally dive on Lake Annecy in Savoy, where an old factory has been refurbished to accommodate the fifteen employees at headquarters. "We carry nearly a quarter of our turnover in optics, said Stéphane Manara, the manager of Leica Camera Western Europe.It was difficult to offer our customers to try before you buy if we gave a large surface on the device.
The lucky few who spend an average of 5500 euros for a box and from 2,000 to 8,000 euros for the optical can now follow short training courses in outdoor seat in the new Alpine Leica 350m2 terrace where they are dedicated.
Another major innovation for the brand fetish Cartier Bresson: a shop owned outright by the company was opened in the 16th arrondissement of Paris, Rue de la Pompe. Others have also opened in London, Tokyo and Moscow. Until then, the brand had on reseller partners. But leaders of the German company wanted to better control their distribution.Especially in recent months, the manufacturer has launched several new digital cameras aimed at different audiences: The S2 for professionals, the X1, a compact for a wider audience and the M9, the first 24X36 trademark. Not forgetting his first monocular pocket for hikers
President of Leica Acting, Andreas Kaufmann, the representative of the family owns a small cottage industry, announced in 2008 the deployment of a twenty Leica shops in the world and "shopping shops" nestled in large signs. Since last spring, Andreas Kaufmann has passed the torch to Rudolf Spiller, the new CEO of Leica, Zeiss former. The latter must take Leica red where it fell this year. Indeed, the group posted a net loss of 4.8 milion euros (against a profit of 3 million) for a turnover of 134.2 million.
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