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Rising prices stabilized in May in France

Wednesday, June 15th, 2011

Lull on the inflation front. The price increase was limited to 0.1% in May (+2% yoy), according to figures released Wednesday by the INSEE. "Increases and decreases balance almost note INSEE. The seasonal increase in prices of fresh produce is particularly strong this year and other food products is important for the contrary, prices of energy and transport services and communications are down. "

The food products saw prices rise by 1% in a month. Growth driven by fresh products (+3.4%).Fresh fruits such as they are down 1% year over year, recorded a jump of 8.1% in May! Other foods suffer the consequences of soaring agricultural commodities: coffee, tea and cocoa rose 2.1% (+6.2% yoy), oils and fats by +1.4% (+4, 7% a year), bread and cereals by 0.6% (+1.7% yoy) and meat by +0.6% (+2.2% yoy).

"This explains why the French have a real sense of erosion of their ability to consume: the rates of many symbolic products purchased daily and can vary abruptly, which frankly is not likely to reassure them," says Alexander Law , chief economist at Xerfi.

Decline in telecoms

For the first time in eight months, energy prices have however declined by 1.3% in May after an increase of similar magnitude in April (+11.3% yoy), following the fall in prices barrel of oil. In detail, fuels recorded a more moderate decline of this set, to -1.4% over the month. It is "both for seasonal reasons and because of different tax rates, advance INSEE.

All prices for services other stores edged up 0.1% in May while the telecommunication tariffs fell by 1.1% (-2.4% yoy). Manufacturing (automotive, furniture, clothing, …) are also down (-0.1%).

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New Aid to Greece: Berlin stands up to the ECB

Saturday, June 11th, 2011

Angela Merkel and her finance minister, Wolfgang Schäuble, returned armed with a new determination of their stay in Washington this week. The Administration of Barack Obama wants to see Germany play its leadership role in the crisis of European debt. The Chancellor and his lieutenant have closed ranks of their majority, to vote in the Bundestag the principle of a new aid to Greece. But Berlin has gone on the offensive against the European Central Bank (ECB) to try to impose a debt restructuring Greek.

Convinced Europhile, Schäuble got this Friday, the members support in principle for a new aid to Athens, after a fervent plea for the "German responsibility toward Europe.""It is we who have benefited most from the euro," insisted the minister, "and as such we have a responsibility towards Europe," and even "a responsibility to the world." After stirred a debate, members of the majority adopted a resolution supporting the principle of a new aid in Athens, under certain conditions. The text has a limited legal value, but for the government, its adoption has strong symbolic significance.

In his speech to the Bundestag, Schäuble indicated his willingness to agree with the ECB on modalities. Powered by government sources in Berlin, the German media are lashing on the ECB.

Accused of "Badbank"

Supposed to protect the euro by a foolproof financial orthodoxy in the German spirit, it has always been suspected by Berlin to maintain a "stability culture" doubtful.Here it is accused of playing the role of "badbank" because it takes as collateral assets degraded and Greek bonds bought on the market by threatening bankruptcy.

The debt restructuring Greek, considered indispensable by Schäuble, it would pose significant risk. Therefore she would have objected. The chief economist of the ECB, Germany's Juergen Stark, has protested against these accusations, this Friday, and defended the reputation of the monetary institution. "It is clear that the ECB and the Eurosystem took additional risks on their balance sheets," he conceded. He added: "It is misleading the public that the only point of balance sheet of the ECB, because monetary policy is conducted with the national central banks. We have monitoring bodies, we tightened our requirements for collateral accepted.We are neither naive nor ignorant of the risks. "Pushed by deputies and a disgruntled public, Schäuble is not ready to drop his arm wrestling.

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Real Estate: INSEE rejects the idea of ​​a bubble

Tuesday, May 17th, 2011

Soaring property prices in France in recent years seems more related to lack of supply that financial speculation, unlike the situation in Anglo-Saxon or Spain, said Tuesday the Chief INSEE, Jean-Philippe Cotis. This view of the National Institute of Statistics contrasts with the Center for Strategic Analysis, an agency attached to the Prime Minister, which evoked a few days ago the creation of a "bubble" of real estate in France likely to deflate with adverse effects.

According to a new study released Tuesday by the INSEE, house prices in France have increased by 141% over the period 1998-2010, more than three times faster than income (+43%). Meanwhile, rents, which are framed, up 33%, averaging 2.4% annually, a rate higher than inflation.

No excessive investment

The curve of property prices in France until 2007 has been a path quite similar to that of the United States. But the two markets have not experienced the crisis in the same way: while the price of old fell rapidly in the U.S. market from 2009 to regain a level near that of the early 2000s, the correction in France been limited (-7% in 2009) and prices are starting to rebound quickly (+6.3% in 2010), as the volume of transactions, almost returned to its pre-crisis. However, the price level in France does not necessarily mean a "financial imbalances," said Jean-Philippe Cotis at a news conference. "In France we do not see a surge of investment, excessive investment in real estate that would have justified a lurch as the one we saw in the Anglo-Saxon or Spain," Has he said.

"It is more towards the real economy and the scarcity of the physical side of financial complications," he added. According to the latest figures from the Federation of developers (REIT), housing dwelling sales in France fell by 11% in the first quarter versus the same period last year. Stressing the role played by the shortage of housing supply, Jean-Philippe Cotis raised the level "relatively modest" investment in construction no teletrack payday loans. "The situation in France and the United Kingdom seems to reflect scarcity rents physics," he said, noting that low interest rates they had different effects in the United States and Spain "where the speculative dimension was clearly established. "

Housing weigh more on the budget

Due to an explosion in property prices that rose faster than incomes, the French spend, according to Insee, share more and more of their budget on housing. Rent or monthly repayments of borrowings, accrued expenses, but also collective individual energy and water strain their finances, including those of less affluent households. Thus, 3.8 million households (14% of total) are found living in "fuel poverty" because they spend more than 10% of their income to pay their energy bills for heating and lighting, to A study entitled "to have or spend too cold to warm" conducted in 2008.

30% of French must repay a mortgage.In seven out of ten cases, the mortgage debt used to purchase a principal residence or other property or land. In other cases, it is used to finance renovations. The grant depends on the creditworthiness of the applicant, the proportion of households with a mortgage is therefore with the level of revenu.Le amount of repayments of loans related to housing is only an average of 745 euros per month 2008, according to results of another study on "the debt and the use of banking services."The burden of repayment of loans averaged 21% of disposable income.

If the weight of bills related to a mortgage is on average three times higher than that of a monthly consumer credit (259 euros on average), the latter result, however, more often unpaid and the filing of a record of indebtedness.

(With agencies)

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Sanofi starts against Crohn's disease

Monday, May 16th, 2011

While the French laboratory had to pay $ 20.1 billion two months ago to put (last) hands on the giant American biotechnology Genzyme, renewal of product portfolio does not seem finished.

Certainly, this large acquisition Sanofi offered the double advantage to gain strength in biotechnology, a field in which he accused some delay, and the muscles of the profile of its development pipeline. But it does not completely solve the problem of loss of its main patent medicines, a loss that threatens almost 30% of sales of Sanofi between 2008 and 2013.

Hence the willingness of management to continue to develop other partnerships in research and development, like the one unveiled this morning by the French laboratory.In a statement, Sanofi announcement that he will spend 50 million dollars to obtain from the French subsidiary of Glenmark India, exclusive marketing rights in North America, Europe, Japan, Mexico, Argentina, Chile and Uruguay from GBR 500. This monoclonal antibody, currently in phase I clinical trial is developed for the treatment of chronic autoimmune disorders. The license acquired by Sanofi on the product concerned in particular the treatment of Crohn's disease (chronic inflammatory gastrointestinal) and other chronic autoimmune diseases.

If it came on the market, the product would otherwise be co-marketed by both groups in Brazil, Russia, Australia and New Zealand. This horizon remains distant, the GBR 500 being still in early stages of development (determination of the optimal dose and safety profile).Then remains to determine the safety profile and effectiveness, on a limited number of patients and more extended. Tests that require several more years.

Second agreement between Sanofi and Glenmark

Under the agreement, Glenmark will receive an initial payment of $ 25 million at the close of the transaction, then a second payment of $ 25 million contingent on the positive assessment by Sanofi, some data provided by Glenmark. The latter will also receive milestone payments based on the development, registration and marketing of the product. Finally, Glenmark will receive double digit royalties on net sales of marketed products.

This is not the first time the two groups work hand in hand.A year ago, Glenmark and Sanofi had in fact already announced a similar agreement (upfront payment, milestones and royalties) of up to $ 325 million for the development and commercialization of new molecules, including GRC 15300. This molecule is in Phase I clinical trials in the treatment of diabetic neuropathic pain and osteoarthritic pain.

With this new license agreement, Sanofi like to continue on a policy to acquire new products, while sharing the risks inherent in medical research. If successful, it would allow Sanofi to expand in Crohn's disease, a condition in which the need for therapeutic innovation is important. Indeed, current treatments do not allow patients to cure the disease but simply to control and limit the debilitating symptoms associated with it.In France, this disease affects about 1 in 1000, approximately 60,000 patients potentially affected. The young biotech company Neovacs also working on this disease, and is currently conducting a clinical phase I / II drug candidate TNF Kinoid. Biotech has introduced about a year ago on Alternext to find the funds needed to develop its product.

At the Paris Bourse, the announcement of Sanofi has been rather well received, clinching the title 0.41%, to nearly 54 euros in a bear market. Since the beginning of the action of the pharmaceutical company rose 12.85%.

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Greece Tripping the CAC 40

Monday, May 9th, 2011

The sessions will follow, but does not resemble the Paris Bourse. The CAC 40 is up in the red on Monday, after climbing from 1.33% Monday, following good U.S. job figures released Friday. The index in Paris dropped by 1.25% to end 4007.26 points at closing and narrowly saves the threshold of 4000 points which had been lost during the day.

The other European financial centers retreating in unison. The Dax in Frankfurt Stock Exchange lost 1.09% to 7410.52 points and the London FTSE loose 0.57% to 5942.69 points.

S & P demoralizes markets

Poor market sentiment was caused by the decision of the rating agency Standard & Poor's on Monday lowered by two notches the rating of Greece, due to the increased likelihood of debt restructuring .It also warned it could further lower.

The rating of the country's long term debt is reduced to "B" cons "BB-", which meant that Greece became deeply into the category of unreliable borrowers. His short-term debt is rated for its part "C" cons "B" before, according to a news agency. These ratings remain on negative watch, meaning that the agency could decide quickly lower them again. S & P said its decision on the fact that governments in the euro area, which have agreed to postpone the due date for repayment of their loans to Greece, could be tempted to demand a similar effort on the part of private creditors the country.

After this announcement, the euro goes off in decline against the dollar, trading at 1.4287 dollars at the close of European markets.

Investor sentiment decline

On the macroeconomic front, Bank of France (BoF) provides a first estimate of growth of 0.5% in the second quarter of this year. BdF anticipates a 0.7% gross domestic product for the first quarter.

The business survey from the Bank of France reported a moderate increase in activity in industry in April.The business climate indicator in industry decreased by three points to 107 while in services it has dropped one point to 102.

Investor sentiment in the euro zone fell again in May, with an index standing at 10.9 after 14.2 in April and 17.1 in March, the monthly survey showed Monday from research firm Sentix .

Financial stocks unscrew

Financial stocks post steepest declines in the CAC 40, while the financial situation of Greece worried, so much so that a new EU aid is getting ready by 2012. AXA (-3.52% to 14.65 euros) is an outlier of the index. It is followed by BNP Paribas (-2.74% to 52.94 euros), Societe Generale (-2.62% to 42.18 euros), Credit Agricole (-2.58% to 10.75 euros) and Natixis (-2.30% to 3.81 euros).

Rumors of transfer and acquisition for Lafarge at GDF Suez

CNP Assurances: -3.60% to 14.73 euros

CNP Assurances reported Monday a net profit in the first quarter down 3.6% to 270 million euros, affected by a strong contraction in sales (-14.1%).

Lafarge: -1.31% to 45.07 euros

Lafarge and Anglo American want to sell 600 million pounds (680 million euros) in assets to their new joint British company, whose creation was announced last February, the Financial Times.

GDF Suez: -2.32% to 26.09 euros

GDF Suez wants to establish a renewable energy division and will consolidate its ten subsidiaries producing green energy in France, according to Les Echos.Also according to the economic daily, the group would be interested in the Italian Sorgenia, 52% owned by the holding of the CIR De Benedetti family and 45% by the Austrian Verbund.

Euler Hermes: -7.67% to 66.13 euros

The credit insurance group Euler Hermes has done in the first quarter 2011 net income rose 58.2% to 75.3 million euros thanks to the continued recovery of the global economy observed in 2010. Turnover increased 7.6% to 544.1 million euros.

Iliad (Free): -0.31% to 87.55 euros

Numericable could announce the launch of a mobile telephone within 40 euro on Wednesday as well and hunt on the land of the Free (Iliad). The mobile virtual network operator (MVNO) that rents the network Bouygues Telecom is the origin of the site larevolutiondumobile.com.The group has denied wanting to launch an unlimited mobile plan.

On the podium of the largest increases Cac 40 include Alcatel Lucent (3.80% to 4.36 euros), STMicroelectronics (1.31% to 8.12 euros) and Accor (0.90 to 29% , 12 euros).

Vilmorin: + 1.40% to 86.95 euros

Vilmorin is up over 8% of its consolidated revenues for the year which ends in late June, when he was counting on this to 7%. The group also announced an operating margin target of 13% throughout the year, against 10.3% in 2009-2010.

Technip: 1.26% to 71.79 euros

Technip won a contract worth approximately EUR 55 million from Statoil for the development of the Vigdis field NE, located in the Norwegian Sea.The contract includes the supply of pipes to be installed by mid-2012 in water depths of 220 to 310 meters.

Air France-KLM: -1.91% to 12.04 euros

The passenger traffic of Air France-KLM jumped 23.1% in April, an increase that is "not significant" compared to April 2010 during which the European sky was blocked by the eruption of an Icelandic volcano, said Monday the airline group. In the past month, Air France-KLM carried 6.36 million passengers (+28%).

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The Paris Bourse passes the 4100

Thursday, April 28th, 2011

The CAC 40 continues its forward march on Thursday. At closing, the Cac 40 was even offered the luxury of spending the technical threshold of 4100 points to 4104.16 points for a gain of 0.90%. Paris appears on the rise for the sixth straight session. As in Asia, Paris markets in turn react positively to the long-awaited announcement of the Fed on U.S. rates. The latter decided to continue its accommodative monetary policy for an extended period.

On other European markets, the upward trend is also valid. The London Stock Exchange 0.02% gleans 6069,09,10 points. For its part, the DAX index of the Frankfurt Stock Exchange gained significantly more (0.96%) to 7475.86 points.

Investors ignored the statistics expected across the Atlantic on Thursday, beginning with the first estimate of first quarter GDP and weekly jobless claims.As expected, U.S. growth slowed in the first quarter with a 1.8% annual rate. The ball quarterly publications will also be given to: Procter & Gamble, Microsoft, Expedia and Colgate Palmolive are scheduled.

In France, last month, spending on French household consumption of manufactured goods fell by 0.7% over one month after rising 0.9% in February, Insee said Thursday. Throughout the first quarter, spending still increased by 1.2%, after +1.8% in the last quarter of 2010.

Side currency, the euro climbed sharply against the dollar since the Fed announcement. About 11:00 am in Paris, the euro bought 1.4834 dollars against 1.4785 dollars late Wednesday.On oil markets, a barrel of light sweet crude for June delivery gained 61 cents to 113.37 dollars while that of Brent North Sea also June delivery increased 62 cents to 125.75 dollars. The sharp weakening of the U.S. currency has elsewhere led to a surge in price of an ounce of gold above the threshold of 1,530 dollars for the first time.

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As for French companies, investors must digest another round of results:

NYSE Euronext: + 0.02% to 26.78 euros

The transatlantic exchange group NYSE Euronext, which is the subject of two competing takeover bids, posted a net profit of 155 million dollars in the first quarter, up 19% year on year.NYSE Euronext is now convince its shareholders of the merits of his choice to continue on the path of rapprochement with Deutsche Börse, as he rejected the offer-cons, yet higher than 20% of the two U.S. exchanges, Nasdaq OMX and Intercontinental Exchange (ICE).

Saffron: + 6.17% to 25.56 euros (largest increase in the SBF 120)

The group announced on Thursday a rise in its quarterly revenue exceeding its target for the year, driven by activities of aerial and optronics, and reaffirmed its forecast for 2011 and its confidence for the following years.

Eramet: -1.43% to 265.45 euros

The mining group has achieved a turnover of 973 million euros in the first quarter, up 23%, thanks to increases of 35% nickel and 30% in alloys.Its operating income should be at least semi-equal to the corresponding period of 2010 excluding special items, after a surge in sales in the first quarter.

Gemalto: -0.29% to 34.96 euros

World number one smart card noted in the first quarter up 17% of its sales to 444 million euros a year, driven by its main activities. It confirms its outlook for fiscal 2011.

Technip: -2.46% to 74.96 euros

The specialist oil and gas equipment announced better than expected margins in the first quarter and confirmed its overall outlook for 2011.He always aims for this year a turnover of approximately 6,500 to 6.7 billion euros against 6.082 billion in 2010.

Sanofi-Aventis: +0.08% to 53.30 euros

The group released on Thursday quarterly earnings affected by competition from generics, but slightly better than expected and announced that its annual results would be reviewed during the semester payday loans guaranteed no fax. In late March, the turnover came out down 1.5% to 7.78 billion euros, generics that cost him 569 million euros in turnover over the first quarter of 2010.

Suez Environment: + 4.02% to 15.52 euros (largest increase in the ACC)

The group has published performance increase in the first quarter thanks to strong growth internationally, and has confirmed all its targets for the period 2011-2013.The turnover reached 3.514 billion euros in the first quarter, registering an increase of 14.3% (+13.5% at constant exchange rates), while EBITDA was $ 592 million, an increase of 28.6% (+25.6% at constant exchange rates).

Imerys: -0.44% to 52.44 euros

The group announced on Thursday a net improvement in its quarterly results, benefiting in particular the improvement of the construction market in France, said he expected an improvement in its performance throughout the year.Imerys has improved its operating margin by 1.9 points to 13.2% and increased its turnover by 13.7% at constant exchange rates to 882.7 million euros in the first quarter.

PPR: + 1.98% to 120.80 euros

The group saw sales jump 26% in luxury in the first quarter, boosted by a dynamic Asian still as powerful and a brilliant performance in the United States.

Gameloft: + 5.68% to 4.84 euros

The group announced a 20% growth of its turnover in the first quarter of 2011 to 39,500,000 euros.The company anticipates a year again growing at its turnover and profitability.

NextRadioTV: -0.51% to 15.57 euros

The media group has announced a turnover up 14% to 35 million euros, 15.7 million (+15%) for its flagship radio and 10.2 million for its TV division (+25%) . He announces "positive outlook for the first half of 2011."

Technicolor: -1.51% to 5.15 euros

The group announced on Thursday a rise of 15.4% of its turnover to 812 million euros in first quarter (+16.2% at constant exchange rates) and confirmed its targets 2011.

Ipsos confirms its objectives

Ingenico: + 0.91% to 33.10 euros

The group raised its growth target for 2011.It is now targeting sales at constant scope and exchange rates, greater than or equal to 985 million euros, while it had announced a target located between 965 and 985 million euros.

Ipsos: -0.21% to 35.29 euros

The group confirmed its targets for 2011 after recording an increase of 6.2% of its turnover in the first quarter despite the continuing fall in the market for public education in Britain.

Klépierre: + 1.77% to 27.62 euros

The group announced a slight increase in rents in the first quarter, thanks to its shopping centers, despite a slowdown in consumption in Europe.

Unibail-Rodamco: + 0.84% ​​to 156.30 euros

The group has appointed Christophe Cuvillier, former CEO of FNAC and Conforama, the Executive Group property as "General Manager Operations."He replaces Michel Dessolain, board member since 2007, appointed Director General of the strategy.

New field for Total

Total: + 0.96% to 43 euros

The oil discovered in south-eastern Bolivia a major gas field that could initially produce up to 6.5 million m3 per day.

Bioalliance Pharma: 2.48% to 6.20 euros

The group has announced an expansion in Germany and Spain for its Phase II clinical trial of clonidine Lauriad in patients with cancer of the head and neck.

Always on the side of publications, after market, Saint-Gobain, Sechilienne-Sidec, Crit and Vinci will unveil their turnover in the first quarter. Compagnie des Alpes will unveil its second quarter revenues.The results of the first quarter of Sequana, Saft, and Bongrain are also expected.

Eurotunnel, Danone and Plastic Omnium hold their general meetings starting respectively from 10.15, 14.30 and 17 hours.

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The Asian market cautious before U.S. jobs

Friday, April 1st, 2011

Caution on Asian stock markets Friday. And while the United States must publish their unemployment figure for the month of March this afternoon.

Shortly before the close, the Nikkei 225 gained 0.41% to 9795.30 points. According to The Mainichi, quoting a government source, the Japanese government is considering taking control of the site operator Fukushima, Tokyo Electric Power (TEPCO). In exchange, the stock drops to 8.38% to 426 yen.In contrast, banking stocks perform well: Mitsubishi UFJ Financial Group climbed 3.12% to 396 yen, Mizuho Financial Group is 0.72% to 139 yen and Sumitomo Mitsui Financial Group rose 1.27% to 2619 yen.

Sales of new vehicles in Japan, excluding mini-models, have unscrewed from 37% in March compared to the same month of 2010, 279,389 copies, recording their seventh consecutive decline, which in March also marked the 11th devastating earthquake and tsunami in the north-east.

On the currency markets, the yen continues to fall against the euro and the dollar. This Friday morning, the euro was quoted at 118.43 yen (0.62%) and the dollar, 83.55 yen (0.46%). Which benefits the Japanese export values.Canon takes 1.38% to 3670 yen, Sony advance of 0.63% to 2681 yen.

Oil prices rise

In China, the Hang Seng in Hong Kong ahead of 0.16% to 23,565.80 points and the CSI 300 3231.51 0.26% to win points.

Most other Asian stock markets follow the same trend: the KRX 100 of Seoul rose 0.29% to 4526.14 points, the S & P / ASX 200 rising 0.64% to 4868.70 points and the FTSE Straits Times was up 3115.11 points. Only the Bombay Stock Exchange and the Taiwan receding slightly, and the Taiwan TAIEX BSE Sensex lost 30 respectively to 0.19% and 0.04% 8667.17 points at 19,437.40 points.

Oil prices were higher Friday morning in electronic trading in Asia, reaching their highest level since September 2008 for the New York contract, due to the advance of troops against the rebels Muammar Gaddafi in Libya.In morning trading, a barrel of light sweet crude for May delivery gained 54 cents to 107.26 dollars. That of Brent North Sea crude for May delivery took 20 cents to 115.33 dollars.

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Auchan in shape for 50 years

Wednesday, March 9th, 2011

From our special correspondent Cross (North)

Auchan, which this year celebrates its fiftieth anniversary, two years after that of Carrefour, the party seems more than its rival. If they compare, distributor northerner leaders find cause for celebration. Auchan has beautiful produce a revenue total of two times smaller than the number two worldwide distribution, it achieved last year a net profit of 705 million euros … almost two times more than Carrefour.

The growth of Auchan is certainly driven by its performance in China and Russia, two countries where significant growth Yankee Group has acquired a strong position.About 40% of the 1.4 billion euros of investments planned by the group will still be devoted to these areas this year.

But also in France, Auchan, Carrefour did better, especially in the hypermarket format, on which they relied for fifty years. The Yankee Group takes particular advantage of his expertise on the management of very large stores (over 12,000 square meters), which constitute the bulk of its fleet. Another advantage of size, geographic location is often, in the opinion of experts, better than Carrefour.

However, Auchan does not meet that success with its hypermarkets. Kremlin-Bicetre, for example, the performance of one inaugurated in March 2010 is well below expectations. "We had to relearn how to open hypermarkets in France and especially in Paris, said Vincent Mignot, general manager of Auchan France.Since July, the trend began to reverse itself happily. "Auchan will continue to open hypermarkets in Sarcelles in the fall and Tourcoing next month. This "Auchan City" of only 4000 square meters opens a new avenue of development, the local hypermarkets.

The group is also focusing on the drives, these collection points for orders placed on Internet where customers come by car. It plans to open this year ten Auchan Drive. "This format is an essential element of the progression of our business in France in 2010," said Chief Financial Officer Xavier de Mézerac. Chronodrive development, including Auchan is a shareholder, will continue in parallel, as one of the sites and Auchandirect.fr Auchan.fr."The goal is that each client has a hyper e-commerce solution, whatever it is," said Vincent Mignot.

Higher prices adjusted

However, the group is not as active as its competitors Carrefour and Giant supermarkets on. The general manager of Auchan France stressed that the first store A2Pas opened last month in Paris, is "a simple test."

Auchan as with its competitors, the waltz of the labels will be inevitable because of rate increases from its suppliers, due to soaring commodity prices. "At one point, we can not sit on price increases from suppliers, which puts us in an extremely complex", defends Vincent Mignot, who admits not having signed with all its suppliers.He refuses however to quantify the price increase applied on the shelves, saying it depends on each local situation.

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Henry the highest paid French sportsman

Sunday, March 6th, 2011

Henry Parker, winning ticket
The image of France has certainly been worsened by the fiasco of the Blues during the World Cup in South Africa. Not their wallets. For the fourth consecutive year since the retirement of Zinedine Zidane, Thierry Henry leads the ranking of the best paid French sportsmen revealed Saturday by The Mag Team, established in a very precise calculation (salaries, bonuses, advertising contracts …). Substitutions in Barcelona and then exiled to the United States, the former Arsenal player has accumulated 18.3 million euros in revenues for 2010. The withdrawal of premiums for France and the League of Champions (won by Barcelona in 2009) lost him 500,000 euros compared to 2009 (18.8 million).His lucrative contract with the New York Red Bulls (5.6 M) and its many advertising contracts (some of which ended in 2010) nevertheless allow him far enough to relegate her boyfriend Tony Parker, ranking second with a 1.1 million in 2010 (12.2 million). The renegotiation of his contract with the Spurs could allow it to monopolize the top spot next year.

21 of the 23 strikers Knysna in the Top 50, no woman
Sebastien Loeb (5th with 7.3 million) and NBA (Boris Diaw 6th, Joakim Noah 24e) are the only ones to compete with football king, expected to draw lesson from this study. Despite the disaffection of a portion of public opinion related to the fiasco of the World Cup, the number 1 sport in France outclasses all its rivals (salaries, television rights …), by placing 41 players among the 50 best French athletes paid.Note that 21 of the 23 strikers Knysna (missing Carrasso and Planus) appear in the Top 50 neglected by women for the second consecutive year (Aravane Rezai registration at 1 million euros, Sylvain Armand, the 50th, at 2.5 million euros).

Karabatic Lemaitre behind
Targeted among the leaders of the mutiny of South Africa, Franck Ribery climbs on the 3rd step of the podium (10.2 million) through an upgraded contract at Bayern. The absent in South Africa are doing very well as Karim Benzema (4th with 9.3 M) or Patrick Vieira and David Trezeguet (tied 8th) flowing end of a career peaceful and golden (6.5 M) . First representative of France Championship, Yoann Gourcuff is in 10th place (6.1 million), far enough from his runner Claude Makelele (20th with 4.1 million).And light years before Nikola Karabatic (650 000), Jean-Baptiste Grange (300 000), Christophe Lemaitre (260 000) and Jason Lamy-Chappuis (140 000), new heroes of French sport completely incognito. Another world.

The best-paid French sportsmen:
1. Thierry Henry (Football) 18.3 million
2. Tony Parker (basketball) 12.2 M
3. Franck Ribery (football) 10.2 M
4. Karim Benzema (football) 9.3 M
5. Sebastien Loeb (rally) 7.3 M
6. Boris Diaw (basketball) 7.2 M
7. Eric Abidal (football) 6.7 M
8. Patrick Vieira (football) 6.5 M
. David Trezeguet (football) 6.5 M
10. Yoann Gourcuff (football) 6.1 M

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The notebook market boosted by key 3G and shelves

Saturday, February 5th, 2011

France now has almost as many mobile phone lines than people. According to the latest figures from telecoms regulator (Arcep) published Thursday, the Hexagon were at the end of December 2010 some 64.4 million SIM cards, an increase of 2.8% over one quarter and 4.9% over one year. Of this total, over 5.3 million cards do not call. And it is precisely these devices, including 3G and key blocks, which account for 30% rise in subscriptions.

With over 64.6 million inhabitants, the rate of mobile penetration in the French population reached 99 free online credit report.7%. It was "only" 95% a year earlier. Ile-de-France, particularly given the existence of numerous business lines, the rate is even 147%!

The vast majority of customers (46 million SIM cards) take the form of postpaid plan.This practice was up 8.6% yoy. However, the use of prepaid cards tends to fall by 4.5% over one year to 18 million cards issued in late 2010.

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