As expected, the increase in U.S. indices is very shy. Investors are always in effect evidence of caution before the publication of several major macroeconomic indicators. In early trading, the Dow Jones and Nasdaq 100 advanced 0.04% to 10,572 points and 0.01% at 2340 points. Tuesday after a turbulent session, the U.S. stock markets finished slightly higher, the Nasdaq has shackled its tenth session in the green.
The next U.S. statistics are expected Wednesday, with the traditional weekly report on unemployment, wholesale inventories in January and after closing the federal budget in February.Weekly Market in the United States, will then be placed under the sign consumer with the publication tomorrow of the sales details for the month of February and the preliminary estimate of consumer confidence.
Oil finished down slightly on Tuesday on the New York market, falling from a high of eight weeks, the April contract closed down 0.5%, to 81.49 dollars, penalized by a stronger currency U.S..
AIG rise another 12%
On the side of values, the insurance giant AIG, which forced march to advance its restructuring was awarded 13% Saturday and climbed again this Wednesday, from 12.57% to 36.89 dollars. Traders welcomed the efforts made by the insurance company to reimburse the state aid, a shareholder at 80%. The group conducted a series of steep cuts to enable it to garner around 25 billion dollars.
Citigroup allows itself for its 4.19% to 3.98 dollars after yesterday awarded more than 7.5%. The state could sell shares in the bank.
United Airlines has announced a growth of 18% of its turnover in passenger transport on February. The president said the group observed clear signs of renewed activity. Note, however, the snowstorms have affected the company announced a loss of 40 million due to the cancellation of hundreds of flights. The securities are 3.69% on Wednesday to 18.83 dollars.
Facet Biotech Corp. has accepted the takeover offer made by Abbott Laboratories, priced at $ 27 per title, a cash offer totaling $ 450 million. Direct impact on the stock market: Facet Biotech Corp. explodes from 66.19% to 26.94 dollars.Abbott remains in equilibrium.
Cisco on Tuesday claimed a major milestone in the conquest of Internet connections at very high rates, presenting a new router overkill.
This is without state support that Ford has managed to overcome its difficulties. The U.S. manufacturer announced Thursday it had made a net profit of 2.699 billion dollars over the full year 2009. A performance to be compared with the heavy loss of 14.766 billion harvested in 2008. Over the year, turnover was down to 138.1 against 118.3 billion in 2008.
The group included supporting a very successful fourth quarter. Over this period, the second largest U.S. behind General Motors reports net earnings of $ 868 million against a loss of about 5.978 billion dollars a year earlier. The per share earnings is 25 cents, hardly less than the 26 cents analysts who had forecast. Over this period, revenues totaled $ 35.4 billion against 29 billion a year earlier, an increase of 22%.
Before the opening of Wall Street, the title jumped 2.68% to 11.86 dollars.
$ 500 million quarterly savings
To obtain this result, Ford has relied on reducing structural costs of automotive operations payday advance . A total of 500 million dollars were saved in the fourth quarter. The group did not hesitate to pursue a higher price for its vehicles. His arm Ford Motor Credit has contributed to higher profits in this period with a profit before tax of $ 696 million against a loss of 372 million in 2008.
Ford is the only manufacturer of the "Big Three" of Detroit (with General Motors and Chrysler) have not gone bankrupt. It is reassuring for the future and plans to write "a profit before tax and excluding exceptional items for 2010, without specifying numbers.In addition to profitability, the group is including a U.S. car market between 11.5 and 12.5 of vehicles this year. In the year 2009 in the United States, sales at Ford fell 15.4% to 1.68 million units. Note that, after hesitating a large part of the morning, the Paris Bourse is moving more strongly in the green then qu'affluent results of U.S. companies show no surprises.
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China takes the issue of energy efficiency head on. The central government announced Wednesday the creation of a National Commission of Energy. Its mission: "to strengthen the strategic and policy coordination in the energy field.
This Commission will be chaired by Premier Wen Jiabao and co-chaired by Vice-Premier Li Kegiang. Among the 21 members it will have included several ministers.She will be responsible for developing "a national strategy on energy, key issues relating to security and energy development" for the overall coordination in domestic and international cooperation in this field, explains the central government, in his statement.
A voracious appetite for energy
During a visit to the headquarters of the National Commission of Electricity Regulation in Beijing, January 14, the vice-premier Li Kegiang stressed the need to intensify efforts to ensure security of supply China's energy. The country has experienced sharp drops in temperatures and heavy snowfall this winter, which boosted energy demand and tight supply, said Li Kegiang.
After the winter, the supply remains a critical issue for China.Driven by economic and population growth over the past thirty years, Chinese energy consumption has exploded. China has become the second largest energy consumer in the world behind the United States pay day loans .
The critical issue of supply
Its energy dependence is increasing accordingly. Thus, the country has been dependent to 52% of its crude oil imports in 2009, against 47% in 2006, says AFP. According to Wang Xudong, president of the National Commission of Electricity Regulation, Chinese consumption of electricity could rise by 7% this year if the country maintains its economic growth rate of 8%. Consumption had increased by 6.44% in 2009 compared to 2008, according to figures from the Chinese Ministry of Commerce.Coal, however, still represents 70% of the energy consumption of China.
Focus on efficiency of energy policy
For Beijing, centralization is the answer to this challenge of supply. "Energy policy is now conducted by various ministries and local authorities," said Xu Bei, economist at Natixis. "The creation of this new body will respond to an emergency security of energy supply." The main domestic priority.
Ultimately, the Commission could also help Beijing to seal agreements on international cooperation, said He Jun, of Anbound Consulting. Provided that his role is really detached from that of many other government agencies that account China.
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The stock exchanges of Dubai and Abu Dhabi are still in turmoil, falling heavily at the opening of markets on Tuesday, fell by 6.25% and 5.91% to slightly back end of the session and closed at -5.61% and -3.57%.
This new day stock market plunge came after a particularly rough session on Monday, which could be termed "Black Monday", Dubai has recorded a decline of 7.3% and Abu Dhabi 8.3%. On two days, the decline was 13% for the first and 14% respectively.
The decline came despite Tuesday's announcement in the night by the conglomerate Dubai World for a forthcoming restructuring of some of his companies, including real estate giant Nakheel.
The award of the emirate of Qatar Gas, the Doha Securities Market, saw its index plunged by 8.3% in the wake of awards the UAE.The Kuwaiti market followed the trend, more moderate decline of 2.7%. Both stock markets experienced their first trading session since the announcement late last week by the emirate of Dubai on the difficulty of paying debts.
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"We certainly have participated in things that were not correct and we are sorry. We apologize. " This was said boss of Goldman Sachs (GS) Lloyd Blankfein, who tried to extinguish the controversy after his recent interview with London's Sunday Times newspaper in which he said that banks had "an important social "and that his, in particular, worked" in the service of God. " Remarks that he "would not have had to" speak, "he later confessed.
Apologies for the investment bank came at a time when it is subjected to a barrage of criticism. Goldman Sachs has been in effect during the first 9 months of the year the bank's most profitable and the NYSE has already provisioned 16.7 billion dollars to reward traders and executives. Approximately more than $ 500,000 in premium per employee.Astronomical sums deemed by the Americans, but that Blankfein stands by the fact of not wanting to lose his "talent due to a change in methods of remuneration."
So, trying to get closer to its humanitarian principles and the "social role" he defends, Blankfein said the bank would release $ 500 million to help 10,000 small U.S. companies. A collaborative initiative with billionaire Warren Buffett, who will co-direct the panel to oversee the entire operation.In practice, Goldman Sachs will provide annually $ 100 million, or about what he earns in a day of good trading! The Financial Times reports that during the third quarter, the investment bank has recorded 36 days during which its traders have gained daily more than 100 million dollars …
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The France she may suddenly find themselves plunged into darkness? With the approach of winter, the issue is not uncommon. The EDF nuclear fleet this year is much less available than in previous seasons: a reactor in five is in fact stationary. Several plants are victims of unexpected incidents (our editions of the November 6). RTE, the company that manages the lines with high and very high tensions in France, concerned about the situation but has several scenarios to protect the consumer.
Dominique Maillard, CEO of TEN. (Photo: Médiathèque RTE / Sophie Brandstrom)
More than 600 amendments and three motions, including a referendum motion. The senators have bread on the plate. They review from today Bill Post in transforming a company limited by shares. This text France transposes the EU Directive provides that the full liberalization of the postal delivery will take effect in 2011. It confirms its public service missions to the company and the existence of the 17 000 points of contact in France.
The Senate debate will last all week to get it over early Friday, by Sunday. "On a subject that is as much controversy, 600 amendments, it is not surprising, says Peter Hedgehog UMP Senator and rapporteur of the text. The Communists have tabled amendments to delete section by section. "According to Article 1 which transforms the status of La Poste, will pass unchanged."Already adopted by the Committee, it will not be discussed again by the majority."
A week of local actions
Yet the point that crystallizes the most virulent opposition. Its opponents see it as the first step towards privatization of the company. Beginning with the National Committee against the privatization of La Poste. Bringing together some sixty associations, unions and leftist parties, it requires the abandonment of the bill and a referendum on the issue after "voting citizen" in early October when 2.3 million people participated. The committee called Friday for a week of local actions throughout France, until November 7.To mark the occasion, he invited senators and personalities of the show today to share a picnic and a "happy hour" with militants in the Luxembourg Gardens in Paris.
It asserts, finally, having printed more than 5 million postcards to be sent to the president calling for a referendum on the future of La Poste.
"Touching the status of La Poste will inevitably have an impact on the future of postal workers and the French territory, in particular his campaigns, said Martial Bourquin, Senator PS Doubs. The Socialist Party is against this change. As SNCF, La Poste can remain a public industrial and commercial, while facing competition. I filed 41 amendments and the Socialist Party over 400 in total. "
The government has filed such an amendment changing the financing of the mission planning of La Poste.In committee, Senator Pierre Hedgehog had pushed through, against the advice of the government, an amendment of 80% to 100% tax exemption for The Post on the business tax to fund its network. A new amendment will be presented by the government. "The 100% is deleted, to avoid legal action from Brussels, says Pierre Hedgehog. The amount of the reduction will be assessed each year and included in the budget bill. "
Big contract for Bouygues in the United States. His division of Public Works, a subsidiary of Bouygues Construction, will build a road tunnel in Miami for $ 440 million. A contract was awarded by Miami Access Tunnel, the project company, as part of a public-private partnership signed with the Florida Department of Transportation.
"This tunnel will provide a second access road to the port of Miami, which is essential for its development. Located on the island of Dodge, is currently served by a single road.This new access road, which will be connected to the motorway network MacArthur Causeway, will become the main track for freight traffic and will thus relieve the center of many trucks pass through "the group said in a statement.
750 people mobilized
For Bouygues, it will include extending six meters MacArthur Bridge over a length of 800 meters. The group will also build two parallel tunnels, each 1,100 meters and 12.3 meters in diameter, and access roads. The group will also undertake the development of road connections to the network port, the electromechanical underground parts, the automatic traffic control and construction of farm buildings.
A site that should Altogether last 55 months for Bouygues and start in mid-2010.750 people are expected, at peak, be mobilized on the project.