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%.

Lloyds posted a new quarterly loss Tuesday and warned it may need to extend certain financial targets because of the current economic turbulence.

The bank, 40% owned by the British government for a public bailout granted during the credit crisis of 2008, reported a loss for the period January to September of 3.86 billion pounds (4.5 billion euros), of which 607 million for the third quarter.

The group has suffered from declining margins and funding costs rise and warned that it may not achieve some of its performance targets in the medium term until 2014.

The group, however, maintained its annual target of the margins and a reduction of its losses on bad debts, an announcement appreciated by investors.

The action Lloyds, which has lost more than half its value since the beginning of the year, gained 8.3% to 11:00 GMT.

She recorded the largest increase in the European banking sector index, just ahead of Societe Generale (+7.9%), who resigned Tuesday to pay a dividend to its shareholders for the year 2011 to strengthen its capital without public support.

Lloyds was taken aback investors last week by announcing that its chief executive Antonio Horta-Osorio was suffering from stress and taking time off, leaving a possible vacancy at the top of the first British bank details.

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.

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%.

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.

Gecina will sell other assets to reduce debt

The real estate group Gecina said Thursday it planned to sell 500 million euros of additional residential assets to accelerate debt reduction.

Citing the economic and financial climate, the land says it wants to focus more on sales than on new acquisitions in the office sector.

"By making an additional amount of sales of 500 million euros of residential assets, Gecina will quickly reach a target of 1.5 billion euros in sales," we read in the press release.

The title Gecina closed Thursday at 67 euros (5.15%). He was accused Wednesday the largest decrease of the SBF 120 in response to the departure of its CEO, Christophe Clamageran, because of differences over strategy.

GDF Suez to Eni sells a share in the fields in the North Sea

GDF Suez said on Wednesday an agreement with Eni to sell to the Italian group's 10.4% indirect interest in the gas fields of Elgin-Franklin in the UK North Sea for 590 million euros.

This is part of its program to sell 10 billion euros, said the French energy company in a statement.

Participation in question is owned through the company EFOG, a joint venture between GDF Suez (22.5%) and Total (77.5%), which itself holds 46.2% of Elgin-Franklin field.In 2010, these assets accounted for 5.5 million barrels of oil equivalent in natural gas production and hydrocarbon GDF Suez.

The transaction is expected to close by the end of 2011, said the French group.

Around 9:30, the action GDF Suez was almost unchanged at 22.52 euros while the CAC 40 gave 0.29%.

Do you live better or worse than before?

According to a survey, three out of four Fançais observe a decline in their standard of living. And you? The basket of essential goods for households with small budgets

Three in four French people think life worse than before, a decision that had never reached such a level for twenty years, according to a survey by TNS Sofres for the association of mayors of major cities in France.

To the question "Did you feel that in recent years people like you live better or worse than before," 75% of respondents answered "less". This feeling is a "historic high in the evolution of the personal situation of the French" in the TNS Sofres survey, conducted since 1981, said the institute.

It manifests itself particularly in the 25-49 age group (81%) and among the employees (87%) and workers (82%).Only 14% say their side "better life", while 10% see no change (1% undecided).

With an unemployment rate of 9.6% according to INSEE, and generally 3.3 million people, who are not working but want to work in France, the fear of becoming unemployed grows in the opinion, according this investigation. Two out of three French (66%) fear of "risks of unemployment", for themselves or someone in their household. A result in increase of 4 points from last year and 16 points since 1988, said the Sofres.

And you, your standard of living has deteriorated there? How do you explain it? do you fear unemployment? Give us your opinion in the comments.

CASA provides a deal to freeze the money market

Credit Agricole, which accounts for the second quarter suffered a heavy burden to Greece, said Thursday that it could compensate for a freeze on cash from U.S. money market, essential for the refinancing of European banks.

The group, which is the latest French bank to publish its second quarter, also ruled out any increase in capital stock exchange after the fall of his title since late June, just like all European banking shares.

"The refinancing home residual dollar money-market funds (funds U.S. Money, Ed) is now reduced (…

Faced with the debt crisis in the euro area and degradation in early August after the United States note by Standard & Poor's, banks try to reassure investors who have shown past two months, concerns about the refinancing of European banks.

These concerns have led to a fall in European banking shares. The European banking index has lost more than 26% since late June.

In this context, the titles of the French banks were particularly hard hit, including a plunge of 48% for Societe Generale and Credit Agricole 40%.

NO CAPITAL INCREASE PLANNED

"The month of July took place normally.August was a bit more complicated given the financial movements and disturbances that have existed.This is what we can say about the game BFI (banking and investment, Ed), "said Jean-Paul Chifflet, the executive director of Credit Agricole, asked about the activities of the bank over the last two months.

"We do not plan a capital increase," he added.

In the second quarter, the bank, which launched in late July a warning on its results, posted a net profit of 339 million euros, down 10.6%, after a charge of 653 million euros related the Greek crisis.

According to the consensus reached by the editor of Reuters, analysts on average expected a net profit of 193 million euros.

The load on Greece proves ultimately less important than initially announced.

Net income for the Crédit Agricole group as a whole for its spring to 881 million euros for the second quarter. For comparison, BNP Paribas and Societe Generale respectively reported a net profit of 2.12 billion euros and 747 million euros.and

Given the deterioration of the crisis in Greece, Crédit Agricole was forced to abandon its goal of returning profits to its Greek subsidiary Emporiki in 2012, without setting a new schedule.

However, the bank maintains its financial targets for 2014, ie a net profit of six to seven billion euros in 2014 and revenue over 25 billion.