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Wall Street ended up 1.23%, boosted by employment
Wall Street closed sharply higher Friday, boosted by the employment statistics, which in particular led the Nasdaq Composite to register a peak of 11.
The Dow Jones for his part tu a high of four years, while a large number of stocks from the peaks have registered a year.
The Dow Jones took 156.82 points (1.23%) to 12,862.23 points. The S & P 500 gained 19.36 points (1.46%) to 1,344.90 points. The Nasdaq Composite Index gained 45.98 points (1.61%) to 2,905.66 points. On the whole week, the Dow gained 1.6%, the S & P 500 2.2% and Nasdaq 3.2%.
The S & P 600 small caps for his part closed Friday's session at a record high of 463.56 points, representing a gain of 2.14%.
The upturn in the U.S. employment continued in January, with the highest rate of job creation observed in nine months, and the unemployment rate fell to , its lowest level in nearly three years, reflecting the impact of growth in the fourth quarter of 2011 at the beginning of new year.
Other statistics published in the day, the industrial orders and the ISM services. Orders to U.S. industry rose for the second consecutive month in December, driven by increased business investment.
The growth rate of services sector in the United States has clearly accelerated in January, while economists had estimated that it would evolve in the same tempo as December , according to figures released Friday by the Institute of Supply Management (ISM).
"This is confirmation of a slow but significant statistics US", says Stephen Wood (Russell Investments), noting that risks remain, however, as the debt crisis in Europe.
The financial sector gained 2.68% and 1.71% of industrial
Values, and therefore against the trend, Estee Lauder loses 2.33%. The American cosmetics group, citing adverse currency effects and increased its advertising spending, announced quarterly forecasts well below expectations.
More than halfway through the "season" results, 60% of the S & P 500 have reported results above consensus, according to Thomson Reuters I / B / E / S.
As the name suggests, fast loans give you access to instant cash for meeting your urgent monetary needs. With the recent global recession plunging people into oceans of debts and unemployment, they are always in need of borrowing money to make their ends meet.Plastic Omnium wins a contract with Audi, the title jumped
Plastic Omnium said Thursday it had won, through its subsidiary, Inergy Automotive Systems, a contract to supply from 2015 to Audi system to reduce emissions of nitrogen oxides for engines diesel (SCR).
This order represents an annual volume of 500,000 SCR systems for a estimated turnover of 500 million euros over the life of the vehicle, said the e quipementier car in a statement.
Around 11, the title won 3.63% to 21.13 euros, and signing one of the highest increases in the SBF 120 (0.07%). Stoxx index of auto sector was down 0.58% on his side.
"While this is great news n'impactera the group accounts as from 2015, it nevertheless proves that its focus on reducing emissions and 'relief of the vehicle makes sense, "said in a note CM-CIC Securities.
"We believe that the group has the necessary weapons to continue to grow revenue while maintaining its good fundamentals (…)", added through the purchase of the title.
The value also has a remedial purpose, Plastic Omnium has fallen by nearly 16% between late July and February 1, against a decline of 10% of Stoxx index automotive sector.
Zodiac Aerospace announced Tuesday the results slightly exceeded expectations in 2010-2011 thanks to the growth of the aerospace market and said it expected further improvement in profitability and activity for the current year.
The aerospace equipment anticipates organic growth of 20% of its turnover for the first quarter (September-November) and in the longer term, expects to exceed its growth target of 40% of its turnover on three years, excluding the impact of foreign exchange.
Zodiac has emerged on the fiscal year ended in late August an operating margin of 14.0% – it was a rate higher than 13% – against 11.2% in 2009-2010, with an operating profit of 385.7 million, an increase of 60.4%.
Asia continues to draw clear of global economic growth, but may be affected by a worsening crisis in the euro area because of its trade and investment links with Europe, said Saturday the director of the International Monetary Fund, Christine Lagarde.
The latter was speaking at a press conference after his meeting with Japanese Minister of Finance, Jun Azumi.
Former French Minister of Economy has called for strengthening international cooperation and a determined political action in order to ensure a strong, sustainable and balanced.
"(…) We discussed the consequences of the crisis in the euro area, and that it would have for the rest of the world, especially Asia, if it gets worse again."
"In current circumstances, no country can be immune, regardless of its development, its level of emergence or advancement," she warned.
Before arriving in Tokyo, Christine Lagarde visited Moscow and Beijing, hoping to convince Russia and China to invest part of their huge foreign exchange reserves in the bailout funds in the euro area .
The large emerging group of BRICS (Brazil, Russia, India, China, South Africa) are reluctant to invest directly in the European Financial Stability Fund (EFSF), and prefer to help Europe through contributions to the IMF.
Values to follow Friday at the Paris Bourse, where the CAC 40 index advances 0.65% to 3084.49 points in very small volumes, however, less than 800 million have changed hands on the index as part of Euronext platforms.
* EADS (4.65%) signed the largest increase in the CAC 40, after a jump of more than 5% related to his statement of annual goals and quarterly earnings well above expectations.
In addition, according to industry sources, the Qatar Airways and Emirates airlines as well as the lessor of aircraft ALAFCO could spend significant aircraft orders at the Dubai Air Show, which begins Sunday.
* BNP PARIBAS advance of 3.38% to 31.54 euros.
* Veolia Environnement (-1.07%) continues to suffer from its new warning issued yesterday, many brokers have lowered their price targets and estimates of value.
* SOITEC jumped 14.51% after announcing that its subsidiary Soitec Solar Development had received regulatory approval from the Commission to regulate utilities in the State of California for its five power purchase agreements concluded with San Diego Gas and Electric.
TF1 * (-13.49%) shows the largest decrease in the SBF 120, the group has lowered its forecast revenue for 2011 after the graduation of net advertising revenue of its flagship channel in the third quarter.
Safran and Thales close to agreement on two joint ventures
Safran and Thales are close to an agreement in principle on the creation of two joint ventures, one in optronics and the other in inertial navigation, officials said Friday a source close to the matter, confirming a report of daily Les Echos.
The two manufacturers for the aerospace, defense and security in May had announced the resumption of talks suspended in mid-2010, under pressure from the state, their common shareholder that seeks to reduce duplication in the sector defense budget cuts in full.
"Thales and Safran are close to an agreement in principle, but it is not the final agreement," the source said, adding that the joint venture would be headed by the Thales optronics and that in the inertial navigation by Safran.
COR-No decisions but work in Brussels
No decision will be announced following the summit of the euro area held late Sunday afternoon in Brussels, even if the work is progressing well, said Nicolas Sarkozy and Angela Merkel.
French President and German Chancellor, speaking at a joint press conference after a summit in the first twenty-seven on Sunday morning and noon, said the work "techniques" were still to be completed by the next level of the EU and the euro area on Wednesday.
"Work is progressing well on the banks of the fund and the potential use of this fund are tightening the assumptions and broad agreement is taking shape.On the issue of Greece things are progressing.
The transformation of the European Financial Stability Fund (EFSF) in the bank, which insisted on France, no longer part of the options considered by the finance ministers of the euro, has also said Angela Merkel.
Without commenting on this issue, Nicolas Sarkozy said that France was just as attached as Germany the independence of the institution in Frankfurt, which is itself hostile to the possibility of granting a banking license and Unlimited funding EFSF.
"No solution is viable if it does not have the support of all European institutions," said Nicolas Sarkozy.
The two leaders also said they urged the Italian Prime Minister Silvio Berlusconi, with whom they met ahead of the summit, for it to decisively implement a program of growth and debt reduction Alps.
"I hope that decisions will be taken (…) Italy is a major economic force but Italy has a very high public debt should be reduced in a credible way in the coming years," said Angela Merkel.
Nicolas Sarkozy has outbid by saying that Paris and Berlin were "confident sense of responsibility of all the Italian authorities' political, financial and economic," said Nicolas Sarkozy.
Danone confident for 2012 after a third quarter in line
Confident for 2012, Danone Tuesday reconfirmed its 2011 objectives and expressed confidence for next year by publishing quarterly sales in line with expectations thanks to strong performance in emerging markets.
The world leader in dairy products and bottled water in the third quarter has a turnover of 4.805 million euros, against 4808.33 million expected by analysts polled by Reuters writing.
On a comparable basis, sales growth amounted to 5.9% in the range of 6 to 8% under the group, and as expected down from the 8.7% growth achieved in the first half.Analysts expected an improvement of 5.6% in the third quarter.
Danone said he was "confident" for 2012 and reiterated its 2011 objectives, namely an increase in sales on a comparable 6% to 8% and an increase of its current operating margin of approximately 0.2 point, always like.
This growth will come from all its activities, but particularly integration synergies from Russian Unimilk, said Danone, which still expects to grow its free cash flow consistent with the goal of two billion euros for 2012.
During a conference call, Chief Financial Officer Pierre-Andre Térisse, said the dynamics of the fourth quarter should be "fairly close" to that of the third.
He said most of the price increases had been "passed, executed and well executed in the first half."
As for the confidence shown in 2012, he said it was based on growth in emerging markets, the integration of Unimilk, which should be completed by the end of the year, and increases performed for several quarters in each of the group's activities.
SALES ALMOST STABLE IN EUROPE DYNAMIC ELSEWHERE
The CFO said the price of milk and plastics were now grown.
On a comparable basis, sales of the branch "water" rose 7.9% to 816 million euros in the third quarter, those of the Fresh Dairy Products division from 3.5% to 2.785 million, the "child nutrition" has increased by 10.5% to 906 million and the pole "medical nutrition" from 9.8% to 298 million.
Growth in fresh dairy products was driven by the brand Activia who performed a double-digit growth in Latin America, Japan, Saudi Arabia, Spain and Italy, says Pierre-André Térisse.
In Europe, still comparable, Danone's sales rose only 0.1% to 2.661 million euros in the third quarter, as they progressed from 19.6% in Asia, 740 million, and 11.5% in the rest of the world, to 1.404 million.
In the U.S., where the Greek yogurt segment took 25% market share, Danone has renovated Oikos brand and the first results "are excellent," argued Pierre-André Térisse."We are working to increase our capabilities to meet this demand," he said.
In Russia, he said, the price increases of 2010 have resulted in "a temporary slowing of growth" so that "sales of Danone and Unimilk remained stable compared to last year."
At the Paris Bourse, the action Danone, down in the first few exchanges, quickly moved into the green and won 1.18% to 45.93 euros at 9:20 while the CAC 40 lost 2.1% and the European sector index of the food industry abandoning 0.36%.
Cigarette prices increased by 6%
Cigarette packs will cost on average 30 cents more starting Monday. This should bring 600 million euros to the state in one year.
Cigarette packs will cost on average 30 cents more starting Monday in France, a 6% increase sought by the government should have little effect on consumption, but that will bring 600 million euros a year in State to Safely smokers will find it in a package less than 5.70 euros in their tobacconist. For the first time, the Marlboro (the best-selling package with nearly 25% market share) will pass the bar 6 euros to 6.20 euros.The government has allowed manufacturers to revise their prices, anticipating an increase in minimums of perception which must be passed by Parliament in the law on financing of Social Security.
This increase was announced by Prime Minister Francois Fillon, in late August, when presenting the plan anti-government deficit. It should bring 90 million euros this year and 600 million in a full year.
Taxes are 80% of the price of a pack of cigarettes. Most (over 10 billion euros in 2010) goes into the coffers of the social security system. Fillon also announced a further increase of 6% in 2012, without specifying the date. This is the third consecutive year that the cigarettes in the fall recorded such an increase (30 cents per pack), well above inflation.However, sales have never declined so far in the same proportions.
54.8 billion cigarettes sold in 2010
Thus, it has sold 54.79 billion cigarettes in 2010 against 54.98 in 2009, a mere drop of 0.3%. At the same time, the amount of rolling tobacco rose from 7257 to 7598 tonnes (+4.7%). In total, sales of tobacco (including cigars) increased by 0.14% by volume, according to figures from the observatory of drugs (OFDT). Again this year, cigarette sales in late July had declined by only 0.6% in volume compared to 2010.
Value, because of previous price increases, the market is increasing by about 5%. Growth shared by the state (almost 13 billion euros in 2010, including 2.5 under the VAT), tobacconists (8.2%) and manufacturers and distributors (11.8%). The anti-smoking groups believe that any increase less than 10% has no effect on consumption.The Office of Tobacco Prevention (OFT) ironically on Monday up seeing an "application" of the state "to the tobacco industry for agreeing to increase by more than 100 million profit."
Tobacconists and manufacturers recall their part that a sharp increase has an effect on sales in tobacco shops, without lowering consumption, since it encourages smokers to buy abroad or from resellers on the sly. A study of Customs estimates that 20% of cigarettes smoked in France are not purchased in the network of tobacconists, but fraud (5%) or legally (15%) in the neighboring European countries (Belgium and Spain) where the package is sell up to 30% cheaper.
These purchases, which exploded after the sharp increases in tobacco prices in 2003/2004, affecting particularly border trade, result in financial compensation from the state to tobacconists.A parliamentary report issued in early October to the Minister of Budget, recommends "a convergence of prices of tobacco in France and in neighboring states," but also "to reflect on the taxation of rolling tobacco" for "contrecarrrer the substitution effect for each increase in the price of cigarettes. "
S & P lowers rating of ten Spanish banks
Standard & Poor's Tuesday lowered a notch credit rating of ten Spanish banks, including the two main countries, highlighting the darkening economic prospects and a housing market still depressed.
The prospect of all banks rated by the agency is now negative, which means that further declines are possible notes.
Among the downgraded banks Santander and BBVA are the main institutions of the country.
For Banco Santander, the rating drops to AA-, against AA with a negative outlook. Similarly, for Banco Bilbao Vizcaya Argentaria, the note back from AA to AA-.The new perspective is also negative.
S & P also revised the rating outlook of four banks, reducing it from stable to negative, and placed the bank under review with negative implications.