The Cac 40 pauses

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

Posted by admin

Comments Off

The CGT is preparing a bid for CIAT

When the SGC prepares to launch a takeover market … the powerful Caisse centrale social activities (CCAS) of electricity and gas industries, the equivalent of a supercomité company EDF and GDF, managed by the communist union , the well would hand over the Compagnie Internationale Andre Trigano (CIAT), publicly traded company valued over 80 million euros. The company, better known under its consumer brand Campéole, is a specialist camping and tent.

The operation should be discussed at the Board of Directors of the CCAS Wednesday. It creates a stir internally. One branch of the CGT, the CGT union Ectam-Staff headquarters EDF and social organizations, objects."The case is disproportionate," denounces the union in a statement.

The central fund social activities is the biggest works of France, with a budget of nearly half a billion euros and over 3 000 permanent employees. Its management has been pinned in the past by the Court of Auditors. As part of its operations in recreation for employees of EDF and GDF, it already manages 60,000 beds in holiday resorts, including 48 000 of which he owns. By placing hands on the Trigano group, it would greatly enhance its ability to host. To become the first player in the sector. The CIAT is the leader in three-star campsite with 43 sites and 14 000 places, which would correspond to about 72 000 beds. It also has a second activity: the manufacture of tents and canvas bungalows.In total, the company achieved a turnover of 43 million euros last year and suffered a loss of nearly one million.

Several applications

The story begins at the time of the first paid leave, with a workshop created by Raymond tarpaulins Trigano, father of Andrew, who is developing the "triganette, a family tent where you can stand. Andrew continues the adventure after the war, while his brother Gilbert resumed Club Mediterranee, which leases its tents in the family business.

The founder and his family still control over 30% stake in the company whose majority shareholder is the fund managed by Groupama Acto. Its Listed raises other applications than the CCAS. Bernard Laporte is interested too, so that Promeo, which owns the Village Family camping.

Posted by admin

Comments Off