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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.
Cameron mocks Sarkozy's Tobin Tax
With this measure unilaterally decided by France, the UK will host "several French banks," mocked the British prime minister Monday. Meeting between David Cameron and Nicolas Sarkozy at the Elysee December 2, 2011. <p> British Prime Minister David Cameron mocked Monday Nicolas Sarkozy's decision to unilaterally introduce a tax on financial transactions, believing that by this measure, the UK would host "several French banks." " / p> "I find it incredible that we can do this," said Mr. Cameron about Mr Sarkozy's decision to introduce this tax without waiting for its European partners. "As we fight for jobs and growth, do something that cost so many jobs seems extraordinary," he said during a press briefing on the sidelines of a summit of 27 countries of the European Union in Brussels. </ p> "And in a healthy sense of competition with France, if France a tax on financial transactions, our door is open and we can welcome UK banks and many more French companies, and our economy will grow, "Mr Cameron joked. </ p>" I am full of admiration for Nicolas "<p> While noting that they were disagree on certain issues, he described the French president as "remarkable man" and recalled their collaboration during the war in Libya. "I wish the best to my friend Nicolas," he added, in response to a question whether, as German Chancellor Angela Merkel, he would campaign for re-election of Mr. Sarkozy. </ P> "I am full of admiration for Nicolas. From time to time he said something with which I do not agree, as when he said that Britain has no industry, as we have an industry larger than France, "he said. </ p> M. Cameron was referring to comments made Sunday night by Mr Sarkozy during his interview broadcast by French television channels. "We can talk in the UK with pleasure, the UK, they have more industry", launched the French President. </ P> Relations between the two men are strained these recent months. The EU summit in late October had already been the subject of a frank explanation of them, M. Sarkozy irritated during a meeting that Mr. Cameron gave lessons to the euro area over the course of action. </ P>
According to a survey, less than a third of French say they are willing to buy the French public debt. And you, would you be willing to lend to the state? Do you have confidence in his ability to repay? It goes from 8.86 to 9 euros gross time to reach 1,365 euros for 35 hours, or about 1,073 euros net per month.
Less than a third of French say they probably or definitely willing to buy the French public debt if they were given the opportunity, according to a Harris poll for the site information and the agency Jolpress Image & Strategy to be published Tuesday in the Tribune . Only 6% of French people would buy "certainly" the debt of the country at rates comparable to those charged by banks, and 24% would buy "probably" of such bonds, said the survey.
Conversely, 65% of French people would not buy "definitely not" (34%) or "probably not" (31%) of French debt. Two countries, Italy and Belgium have recently suggested to individuals to buy government bonds, and these operations have been successful. The "day Treasury bills", during which the Italians were called Monday to buy the debt of the country, met a great success, while in Belgium, the government launched Thursday a government bond which has was well received by individuals.
In addition, a majority (56%) of the French believed that the acquisition by the European Central Bank (ECB), a significant portion of the debts of the states of the euro area would reduce speculation in debt. But 56% believe that it would deter states to make real efforts to reduce their deficits and 53% that it could foster inflation.
Carrefour Friday categorically denied press reports suggesting a possible change at the head of the group.
Le Figaro wrote that the main shareholders of the supermarket group, funds Colony Capital and Groupe Arnault, have courted Plassat George, the patron of the group distribution of shoes and clothing Vivarte to replace the current CEO Lars Olofsson.
"Faced with rumors successive change of any officer of Carrefour, the Board of Directors of the Company expressly disclaims any information on this release," the group said in a statement.
No one was immediately available from Colony Capital and Groupe Arnault to comment.
Source familiar with the matter, it tells Reuters that George Plassat has been approached by the shareholders of Carrefour to take the CEO of the group but he refused the proposal this month.
"It has been proposed and he said 'no'. It was during November," said the source.
"There is still no candidate to succeed Lars Olofsson," she added.
According to Le Figaro on Friday, the board gave Lars Olofsson to the end of the year to prove itself, especially in terms of achievement of financial targets for 2011.
"(Georges Plassat) is courted for months by the main shareholders of Carrefour.
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%.
More than 68,000 passengers affected by the strike at Qantas
Australian Prime Minister Julia Gillard has asked Qantas unions to end their claim as the strike of the airline has reached over 68,000 passengers.
Julia Gillard, criticized for not having intervened earlier in this dispute, asked the court ruling in Melbourne this type of case to end as soon as possible to the strike.
"We have taken this action (going to court) because we are worried about the impact on the economy," said the head of the Australian Government.
The strike comes at a worse time for the Australian Government, the Commonwealth summit being held in Perth.Seventeen officers were invited to travel on Qantas aircraft Sunday.
Saturday, the airline has grounded more than one hundred aircraft and canceled 447 flights. The strike comes during a weekend of the busiest of the year in Australia in terms of air transport, in part because of a very popular horse race, the Melbourne Cup horse, which takes place Tuesday and attracts tens of thousands of people.
The unions are demanding salary increases and improved working conditions, and challenge the strategy of the company to focus its international activities in the Asia-Pacific region. The company management wants it removed through a thousand jobs.
Dexia launches finalizing its dismantling
The Board has mandated Dexia CEO Pierre Mariani to complete the dismantling of the group through the sale of the majority of its subsidiaries, said Thursday the Franco-Belgian bank in a statement.
The administrator of the banking group have also confirmed the sale of Dexia Bank Belgium to the Belgian State and the sale of Dexia Municipal Agency for Deposit and La Banque Postale.
Dexia held Wednesday evening for a board to implement the new rescue plan for the Franco-Belgian bank, bank first victim of great importance to the crisis of sovereign debt in the euro area.
Dexia has officially launched the sale of the Turkish subsidiary DenizBank, Dexia Asset Management and RBC Dexia.
The de-globalization is "reactionary" according to Michel Barnier
European Commissioner Michel Barnier to financial services has denounced the speech "against" the interests "of peasants and workers", held by Arnaud Montebourg. The EU Internal Market Commissioner Michel Barnier (here at a press conference in Brussels on 21 February 2011)
European Commissioner Michel Barnier to financial services Friday sharply criticized the "reactionary discourse" of the de-globalization held in France, saying it was "contrary" to the interests of peasants and workers. "I hear that speech that I found in France (to be) a reactionary discourse on the de-globalization", denounced Mr. Barnier, former French Minister of Agriculture and member of the majority party UMP on LCI television.
"What is it? Is protectionism? The home each and every man for himself? This is contrary to the interests of the workers is contrary to the interests of farmers who need to produce goods and export "he criticized. For the Commissioner, Europe needs a sectoral industrial policy to be "a force of production" and "not just a force of consumption." In France, the PS deputy of Saone-et-Loire, to the surprise came third in the primary Socialist, Arnaud Montebourg, notably because of the "de-globalization" a major focus of the debate politique.d
Barroso wants to end the unanimous vote in Europe
The President of the European Commission wants to generalize the majority vote, while Slovakia has threatened to block the strengthening of the European Financial Stability Fund (EFSF). The President of the European Commission Jose Manuel Barroso (here at a press conference in Brussels April 13, 2011)
The President of the European Commission Jose Manuel Barroso insisted Thursday that the euro area plans to end the rule of unanimity in its decision-making, while the future of EFSF is suspended from the single vote of Slovak deputies. "I respect the sovereignty of a member state of our Union," Barroso said about the Parliament of Slovakia, during a press conference after a meeting in Brussels with Prime Minister Danish Helle Thorning-Schmidt.
But "I hope that this Parliament also respect the sovereignty of the other 16 (Monetary Union countries) who are waiting for decisions to be made" and which have already ratified the strengthening of the Relief Fund of the euro area, the EFSF , said Barroso. The Slovak parliament meets Thursday to prepare the way for a second vote on the anti-crisis instrument in the euro zone after a negative vote on Tuesday that caused a government crisis. In this context, the President of the European executive reversed its recent proposal to end the requirement for unanimity in some decision-making.
This applies for example to all measures related to the financial rescue for the troubled country in the euro area. Brussels would prefer a system of qualified majority voting."Is not it strange that when the IMF makes decisions he makes a qualified majority, whereas in the euro area member states that share a common currency are bound by the rule of unanimity?" S is questioned Mr. Barroso.
"This is something we must look to the future," he added. "This is an extremely important institutional point of view, we must have a system of decision-making more effective in the euro area and the EU if we are to be credible with respect to markets and investors, "he judged.
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.