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Marseille oil terminals released

Unravels the conflict in the oil sector. So begins the weekend of All Saints, with special emphasis on roads, twelve French refineries were released on Friday, one after the other. Employees of sites Gonfreville, Dunkirk, Lavera, Feyzin, Donges and Grandpuits successively voted today to end the strike, as well as oil terminals in Le Havre and Fos-Lavera.

"All the refineries in the region have returned to work, so it made no sense to continue" warranted a syndicalist CGT Gonfreville. A Donges refinery voted last Friday afternoon, ending the conflict, the CFDT delegate Guiller Dimitri, for his part stressed the "pride" felt by employees who have risen since October 12 against the pension reform. "It's a pride that the government does not take away," he advised.A conflict that has been hovering for several days the threat of fuel shortages and cost a hundred million euros in the Total group.

The oil will again be routed

In particular, the upturn in oil terminal at Fos-Lavera in the Bouches-du-Rhone, which occurred last this afternoon, was crucial for the proper supply service stations. Despite the gradual resumption of work in the refineries in recent days, six were still unable Friday to resume normal production because crude oil transported via oil terminals. Their work will now be able to resume.

Supply side, if the Energy Minister Jean-Louis Borloo announced Thursday the opening of 85% of service stations, even though the situation remained tense in the West, Midwest and the Ile-de- France.Condition of anonymity, a large fuel distributor also said to AFP that the number of service stations in difficulties was more like "a station on three." Thursday night, returning to normal, repeatedly promised, was rather planned for early next week.

»View the map Carbeo service stations out:

The wait dominates the Paris Bourse

Wait and prudence prevail Paris Stock Exchange on Friday. The CAC 40, which had rebounded 0.50% to close Thursday through publications in above expectations of heavy odds, starts small drop of 0.15% to 3828.71 points. Same atmosphere in London where the FTSE-100 5669.65 0.15% to loose points. The Dax in Frankfurt Stock Exchange also began the day in the red, down slightly from 0.14% to 6585.97 points.

As in Asia this morning, the U.S. macroeconomic news may bounce back today. Main question mark for investors: the plan to support the U.S. economy is expected to be unveiled by the Fed on Wednesday. Speculation surrounding sow doubt in the minds of operators for several weeks. Second issue: the midterm elections in the United States.Whichever push Wall Street fences scattered for two days, which is not to reassure European markets.

This Friday, the macroeconomic news is also particularly busy overseas. In early afternoon, the Commerce Department will release the first estimate of third quarter GDP. Then follow the Chicago PMI and consumer sentiment for October.

As for currencies, the euro lost ground against the dollar. The single currency traded at 1.3879 dollars (-0.46%) before the commencement of trading.

Autolib: Bolloré Bookmark

Bolloré (1.08% to 159.80 euros) on Thursday posted a turnover up 27% for the third quarter, to 1.8 billion euros.Moreover, according to Le Figaro, the union gave mixed Autolib earlier this week his preference to the offer of the Bolloré group, compared with those of Notice-RATP-SNCF and Veolia, Vinci Park.

Total (-0.10% to 39.02%) published before the market opens today reported net income up 47% to 2.8 billion euros in the third quarter. For the remainder of the year, the group announced its goal of maintaining a debt ratio in the range of 25-30%.

Sanofi-Aventis (0.56% to 49.98 euros) announced Thursday the acquisition of BMP Sunstone to 520.6 million dollars (374 million euros), which allows it to strengthen the sector public health in China. Genzyme on the record, Chris Viehbacher, head of the group, dismissed the claims of the biotech and seems ready to extend the expiration date of its takeover payday advance online.

Stallergenes said Thursday night that made an offer for Wendel holds 45.87% in its capital. In a statement, Ares explains that both parties have entered into exclusivity period to finalize the transaction. This would be achieved at a price of 59 euros per share.Stallergenes is suspended from trading at his request and pending a statement, announced a spokesman for NYSE Euronext Paris.

The Italian conglomerate CIR announced it had abandoned IPO for its subsidiary health KOS and instead sell some to fund capital AXA (-0.27% to 13.16 euros) for 150 million euros.

Veolia Environnement (-0.21% at 20.96 euros) obtained the green light from the European Union for the purchase of several assets in the UK United Utilities water and water treatment.

Note that the bank is well oriented in the morning: BNP Paribas gained 0.08% to 52.82 euros, while Societe Generale is 0.06% to 43.39 euros.

Fimalac, favorite publications Thursday

Fimalac (1.31% to 31 euros) Thursday announced revenues up 8.9% for all of its 2009/2010 financial year thanks to revenue growth of its credit rating agency Fitch Ratings.

The General Health (-2.15% to 11.14 euros) has reported an operating profit increase over the first nine months despite revenue decline, affected by divestments.

Toupargel (-0.22% to 13.69 euros) Thursday lowered its forecast for 2010 after a decline in sales in the first nine months of the year.

Latecoere (+0.75% to 6.75 euros) on Thursday posted a rise of 7.3% of its turnover in the third quarter, giving a fall of 4.4% over the first nine months of fiscal driven by its flagship aerostructures.The focus group confirmed a 2010 sales similar to 2009 and a return to growth in 2011.

PPR (+0.80% to 119.50 euros, the second largest increase in the ACC) has announced an increase in sales of 13% in the third quarter, reflecting a continued recovery of its distribution activities and the rebound luxury.

Unibail-Rodamco (-0.83%) should publish its revenues for the third quarter after market close.

Amicable divorce between EDF and Constellation

The lights electrician found a way out of the dispute with its U.S. partner Constellation. The energy champion resumed the 50% stake in their joint venture of Constellation Nuclear UniStar for 140 million dollars. French became the sole owner of the company created to develop EPR reactors in the United States. "In addition to the sites of Calvert Cliffs 3 and a potential fourth reactor at Calvert Cliffs, which are both owned by UniStar, Constellation will transfer to UniStar potential nuclear sites in Nine Mile Point and RE Ginna in upstate New York (east), "explains the release.

In return, EDF will sell 3.5 million shares of Constellation he held so far and will also relinquish his seat on the board of the American.Constellation abandons him his option on power plants, the main sticking point in negotiations between the two groups. The U.S. had in fact already indicated a willingness to sell its share in UniStar symbolic $ 1 plus $ 117 million of cost reimbursement faxless pay day loans. Constellation but wanted to keep this option sale of eleven power plants for 1.4 billion euros, citing an agreement signed in 2008. An exorbitant price, the French camp.

The bad blood for several months between the two partners. In early October, Constellation announced it no longer wished to invest in the construction of an EPR.And the situation has stalled when the U.S. has hinted that he would exercise the put option maturing in 2008.

Constellation and EDF, allies since July 2007, were still close in December 2008 with the acquisition by the French half of the U.S. nuclear activities, then housed in Unistar disbursing $ 4.5 billion at the end of a showdown with Warren Buffett. The billionaire had indeed launched a takeover bid for Constellation, EDF forcing overbid. But since then, relations between the two allies have them getting worse.

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Higher electricity prices for

Regulated prices charged by EDF could again increase by 3 to 4% by early next year, according to Les Echos. Over six months, rising electricity prices would reach 6% to 7%, a dramatic increase and quasi-historical.

In fact, the vote of an amendment to Finance Bill 2011 would allow an increase in the tax known as "contribution to public service of electricity" (CSPE), reports the business newspaper. This tax, to finance the development of renewable energy could increase from 4.50 to 7.50 euros per megawatt hour in January. This increase would affect so on electricity bills of all consumers, individuals and professionals who must pay this tax, and would thus mean a substantial increase of 3% to 4% of electricity rates.

This increase in CSPE would aim primarily at relieving the financial EDF forced to buy high solar electricity cash advances pay day loan. Because, according to the newspaper, or solar or wind power are now fully competitive. But the state requires EDF to buy this type of electricity at a price above that at which they could buy on the market. The difference between the rates of buying and selling is then, in theory, covered by the CSPE. However, with the development of renewable energy, said tax is no longer sufficient to cover all costs incurred by the electrical lights.

Remains whether this news will be implemented and if electricity prices are not engaged in an inflationary spiral.

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Pensions: the text Passes The Senate

The Senate passed Friday night bill on pension reform, after a marathon debate began Oct. 5. Shortly before 20:30, by 177 votes to 153 against, the text has completed its parliamentary term.

A joint committee composed of seven deputies and seven senators and charged with finding a compromise on the amendments passed by the Upper House, will meet Monday morning at the Palais du Luxembourg. The final green light from parliament to the pension reform should take place on Wednesday afternoon, when both assemblies have endorsed the conclusions of this commission.

In explanation of vote, the Socialist group president Jean-Pierre Bel, said that by delaying his guerrillas, left the Senate had "foiled plans by the president and his advisers."The social movement of opposition to pension reform is "massive" and "profound," said the senator from Ariège. "Because of you, the country is blocked. And what do you do? You answer a block vote, "quipped Jean-Pierre Bel. "While this power was the parliamentary review for a formality, the strength of opposition groups allowed the French to seize the reform, to understand the injustices and impasses, for his part told Press the Socialist Group of the Assembly.

On behalf of the UMP, Isabelle Debré (Hauts-de-Seine) countered that "the first measure of equity and social justice, is first to finance the pension system." The centrist group president, Nicolas About (Yvelines), added that "the reform on the terminals of age was indispensable."

The weariness was palpable on every bench on Friday, throughout the debates.Some speakers from the opposition, dazed with fatigue, sometimes struggled to find their words. "We never wasted our time to hear each other speak," said soothingly on the president of the UMP, Gerard Longuet.

Yet the controversy has continued to the end. Guy Fischer (Communist Rhone) protested against "the authoritarian regime" ruling that "one wants to gag the people, protesters, even the parliament," a statement which provoked laughter right. Guy Fischer added that the intervention of the police to unblock the refinery Grandpuits (Seine-et-Marne), which resulted in a sharp skirmish, "reminds us of the worst periods." Reply from Eric Woerth, half serious, half-natured: "You speak too lightly of the" worst period ". We apply the law of the Republic. The block vote is constitutional.The application is a legal procedure. The right to strike is not a blocking right. "

To overcome the stubborn opposition of the Socialist and Communist senators, the Minister of Labour had resorted to the procedure of the "single vote" under Article 44-3 of the Constitution. This weapon allows the government to ensure that the assembly shall decide by a "single vote" on the additional articles of the text still to consider, adding that no government amendments and amendments of the senators accepted by him. The government had thus rejected, Thursday, 228 of the 254 amendments still to be examined. Even before passage of the bill on Friday night, MPs of the Left have confirmed their intention to seize the Constitutional Council once the reform is finally adopted by the Assemblies.

The Paris Bourse is close to 3900 points

The optimism has dominated the meeting this Thursday at the Paris Bourse. At the close, the CAC 40 jumped 1.31% to 3878.27 points. The index in Paris, although it had started the day slightly down, climbed over 3880 points during the session.

"The CAC 40 was trying to regain strength to rally 4,000 points by the end of the year," say the team of Barclays stock. The volumes are recovering well. End of the session, nearly 1.4 billion changed hands on the great values of the coast. "There is no pressure or sales or to purchase the shares. Investors seem to expect the next Fed meeting on November 3 for next release, "they add.

Other major European markets are advancing in unison.At the London Stock Exchange, the FTSE-100 climbed 0.72% to 5770.04 points and the Frankfurt Stock Exchange, the German Dax 30 is 1.24% at 6605.68 points.

On Thursday, the markets have attracted positive macroeconomic news in the U.S.. The weekly jobless claims fell during the week to October 16, to 452,000 when economists on average expected 455,000 entries. Moreover, the U.S. index of leading indicators registered a third consecutive month in September to 0.3%.

Industry: morale progresses, activity slows

In China, growth slowed less than expected at 9.6% against 9.5% expected, while inflation was 3.6%, a level not seen for nearly two years. The news has not dented investor sentiment …

In France, industrial morale continued to rise in October to 102 points (+3) compared to September.As a whole – but also services industry, construction, wholesale, retail – the business climate index also rose three points to 104. To the Minister of Economy, Industry and Employment, Christine Lagarde, the morale of industrial regained its level in mid-2008.

However, activity continues to grow but at a pace that has slowed significantly the past thirteen months in October, with a PMI index to 55.3 points.

Germany: sharp slowdown in growth expected in 2011

In Germany, the composite index, which includes services and industry, stood at 56 against 54.7 in September.Moreover, the German government expects growth of gross domestic product by 3.4% this year and 1.8% in 2011.

In Britain, retail sales fell 0.2% in September, contrary to expectations and rose 0.5% year on year.

In the euro area, growth in activity has been less sustained more than expected in October. The services PMI fell to 53.2 against 54.1 in September. In contrast, the PMI index for manufacturing rose to 54.1 against 53.7.

The euro returns to the threshold of $ 1.40

On the foreign exchange market, the euro rise again against the dollar at closing.The euro has surpassed the $ 1.40 on Thursday and was worth 1.3988 dollars late in the session (+0.10%) dollar against 1.3955 the previous day in the afternoon.

Financial markets welcomed the first turnover

On the corporate side, the early sales are encouraging and indeed widely welcomed by financial markets.

Danone: + 4.76% to 45.44 euros

Danone expects a growth in turnover of at least 6% on a comparable basis. The dairy group today released a turnover up 15% to 4.3 billion euros in the third quarter, thanks to its water division.

Pernod-Ricard: + 5.75% to 65.10 euros

Pernod Ricard said Thursday a 14% increase in sales, better than expected in the first quarter of fiscal year 2010-2011.They reached 1.879 million euros for the quarter ended September 30, against 1.803 million expected by analysts. The growth was 10% higher than the 4.8% expected.

Remy Cointreau: -1.49% to 49.90 euros

Remy Cointreau, the French number two spirits, behind Pernod Ricard has reported a growth of 18.3% of its turnover in the first half to 428.2 million euros, driven mainly by the surge in activity cognac , which accounts for over half of sales.

Publicis: + 3.36% to 36.95 euros

Publicis Thursday posted a turnover in the third quarter up 26.1% year on year payday loan no faxing.What led him to revise sharply upward its forecast for organic growth to 9%.

Gemalto: + 7.66% to 32.45 euros

Gemalto has declared Thursday "in line" with expectations of results for the year and in 2013, after recording a growth of its quarterly revenue of 24.68%, to 500 million euros , also benefiting from the integration of Cinterion, its latest acquisition in the segment of the communication between machines. The group also announced in late morning he was negotiating with the U.S. specialist VeriFone terminals, electronic payments, to sell him its activities in this sector. This activity represents a turnover of EUR 14 million this quarter and employs hundreds of people.In addition, the group announced Wednesday a strategic partnership with VeriFone to develop new payment solutions for EMV card, aimed in particular the U.S. market.

SFL between the capital of the SIIC de Paris

The SFL (SFL), a subsidiary of the promoter Spanish Colonial, said Thursday it would enter the capital, amounting to about 30% of SIIC de Paris, the French subsidiary of the Spanish property group Realia. The prices of both companies have been suspended since yesterday.

Technicolor: + 3.14% to 4.92 euros

Technicolor (formerly Thomson), has announced a turnover up 12.9% at current exchange rates and 7.2% at constant exchange rates over one year to 906 million euros. The group expects a further increase in sales in the fourth quarter at constant exchange rates.Standard & Poor's raised its long-term rating of 'CCC-'à' CCC + 'with a positive outlook. Goldman Sachs has also initiated coverage Technicolor with a price target of EUR 6.Oddo has confirmed this morning its recommendation "strengthen" and is 10.7 euros.

After market, will follow L'Oreal, Saint Gobain, Michelin, Valeo, Bioalliance, Boiron, Icade NextRadio TV Sechilienne-Sidec, Vranken-Pommery, and Remy Cointreau Klépierre (turnover of the second quarter).

GDF-Suez: + 0.74% to € 27.90

According to a spokesman for GDF Suez, the group plans to open the capital of its gas transmission subsidiary, GRTgaz, confirming information from the CGT.

Sanofi-Aventis: -0.55% to 49.63 euros

Genzyme, target of a hostile bid from Sanofi-Aventis reported Wednesday a rise in earnings it attributed to improved supply chain of its flagship product, Cerezyme.Excluding items, earnings were below expectations.

Accor: -0.14% to 28.99 euros

Accor has raised its target operating profit for 2010 on Wednesday by posting sales in the third quarter and better than expected growth due to an acceleration of the recovery observed in the majority of countries particularly in Europe.

Air France-KLM: + 1.49% to 12.93 euros

According to La Tribune, citing a spokesman for the airline, Air France-KLM estimated that nearly 5 million euros per day the cost of strikes currently conducted by its employees to fight against the proposed pension reform.This represents a total of 25 million euros for the strike days in September and October.

Plastic Omnium: + 0.66% to 41.11 euros

The automotive supplier, Plastic Omnium, noted Thursday its forecast turnover for the current year to around 3.2 billion euros. This would correspond to an increase in its activity by 30% compared to 2009.

Mersen: + 0.29% to 31.38 euros

Mersenne (ex-Carbone Lorraine) on Wednesday issued a turnover of 183 million euros for the third quarter, up 21%, and confirmed its 2010 targets due to growing its business in Asia and America north.

Wendel: + 1.27% to 54.82 euros

Wendel said Wednesday it has successfully added 300 million euros to its line of existing obligations, 4.875% May 2016, at a price of 94.77%, giving a yield of 6%.The investment company said that the transaction was subscribed 2.5 times.

Eramet: + 0.17% to EUR 242

Eramet pledged Wednesday night to give the State of Gabon to 10% of its stake in Comilog, its subsidiary specializing in manganese.

Quarterly sales disappoint Yahoo!

Yahoo! sign third quarter "solid." In any case, what is stated in a press release issued after the close on Wall Street Tuesday, the patron saint of American Internet portal, Carol Bartz. The latter was pleased to see net income for the third quarter of the group jump 113% to 396 million dollars against 186 million a year earlier to the same period. In action, earnings totaled 29 cents per share when analysts expected 15 cents.

This is done quarterly profit boosted by gains reaped 13 cents on sales of HotJobs, job search site, sold to Monster in February for $ 225 million in cash california payday loans.

Turnover is also slightly below expectations of observers.Excluding traffic acquisition costs (revenue paid out to partners), Yahoo generated revenues of 1.124 billion dollars against 1.13 billion expected by markets. Total sales grew, they, from 2% to 1.6 billion.

For the future, the outlook is also below expectations. The number two search engine behind Google expects sales, excluding traffic acquisition costs, of between 1.125 billion and 1.255 billion. Analysts predicted revenue of 1.26 billion.

"We sold the assets that are not in our core business while making strategic acquisitions such as Associated Content and Citizen Action, and we have developed partnerships with key Facebok and Twitter, and Zynga to improve the experience for Yahoo! our 600 million users, "said Carol Bartz justified cheap payday loans