Posts Tagged ‘publications’

« Older Entries
Newer Entries »

Almost 140,000 less unemployed in 2011

Saturday, May 21st, 2011

The crisis is confirmed a little more. The system of unemployment insurance (Unedic) has revised its forecast Friday for job creation and unemployment for 2011 and 2012. And the conclusion optimism grows. On the basis of assumptions "realistic and reasonable" GDP growth (+ 1.8% in 2011 and 1.7% in 2012, where the government plans + 2% and 2.25%) and payroll (+ 3.1% this year and +3.5% next year), Unedic provides an acceleration in job creation two years: 146,000 in 2011 and 168,400 in 2012, against 119,700 estimated in 2010.

This translates, of course, by an encouraging trend on the number of job seekers. Unedic estimated that the number of registered Class A employment center (the unemployed with no activity) will drop by 138,000 this year.But this decline will be largely offset by the continued rise in the number of jobseekers who had reduced activity (categories B and C) or are exempt from search: + 98 000 people. "The job was restarted by acting through short-term contracts," said Geoffroy Roux de Bezieux, Vice-President (MEDEF) of UNEDIC. There should be a reversal in 2012 with the creation of more full-time jobs. "Confirmation Bonnand Gaby, President (CFDT) of the institution:" The number of unemployed decreased activity continue to rise this year but decline in 2012. "In fact, next year, the decline in the number of unemployed in category A (- 92,000) will be amplified by the Class B and C and provided research (- 31,000). As the number of unemployed receiving benefits, it will drop by about 80,000 per year, the next two years, after rising 51,500 in 2010.Forecasts "in line with the data of the first month of the year," Vincent assured Destival, director of UNEDIC.

No drop in fee

These data will have a significant impact on the accounts. The cumulative deficit (8.5 billion euros at end 2010) will reach 10.5 billion at December 31, 2011 while he was withholding $ 14 billion a year ago. It will drop even late 2012 – albeit slightly, from 200 million – to around $ 10.3 billion. "This is the first since the crisis began that record a positive result, welcomed Geoffroy Roux de Bezieux. But he remained a heavy debt that will not even consider a reduction in contributions. "

Unedic also fired "key findings" of the 2008 crisis. The decline in employment of 500,000 jobs in two years, was lower than expected."She has twice been less pronounced than the value when the two had fallen back in the same proportions in 1992 and 1993," says the plan. "Companies have behaved more virtuous and long-term approach, and tried to keep their employees as long as possible through mechanisms of partial unemployment," said Geoffroy Roux de Bezieux justified.

Another observation: the resumption of job creation occurred earlier than expected, since early 2010. "This confirms the assumption that labor productivity per capita weakened by the crisis," Gaby Bonnand found. As a result, having decreased by 1% since early 2008 when she posted eight quarters after the recessions of 1992 and 2001, an increase of 1%.This was then translated violently in unemployment figures.

ALSO READ:

"Occupation: youth have been quite resilient to the crisis

"Unemployment: Towards a reinforced monitoring of young

Tags: , , , ,
Posted in economics, finance, international, online, people | Comments Off

Deutsche Börse calls for merger with NYSE Euronext

Sunday, April 3rd, 2011

After the cons-offer Nasdaq OMX Group and IntercontinentalExchange (ICE), NYSE Euronext, Deutsche Boerse boss Reto Francioni, says its proposed merger in the columns of the Frankfurter Runschau. Deutsche Boerse and NYSE Euronext had announced their merger on Feb. 15 designed to give birth to the first exchange in the world, 60% owned by shareholders of the German group and 40% from those of the transatlantic operator. For the owner of the German operator, the project remains "the best combination" for shareholders of both groups.

He refused however to say whether he will increase his offer. Nasdaq OMX and ICE have made an offer Friday to $ 42.50 per share in cash and stock for the entire share capital of NYSE Euronext, the end, the proposed $ 11.3 billion. This is higher than 19% of Deutsche Börse, which is otherwise entirely denominated securities no faxing pay day loans.The offer from Deutsche Börse provides for the exchange of each action against a new set of common share and exchange each share of NYSE Euronext's equity share capital 0.47 cons of the new company.

Asked about the risk of a long legal battle to get the green light by competition authorities for its proposed merger, Reto Francioni said that it was for him not a "takeover" but rather a cooperation agreement between Deutsche Boerse and NYSE Euronext. "It's not for us to conquer or be conquered. For us it is an amalgamation of two partners are well positioned, "he said.

ALSO READ:

"NYSE Euronext Deutsche Boerse plans thwarted

"The war intensified in Europe Awards

Tags: , , , ,
Posted in business, events, resources, special, technology | Comments Off

Brioche Doree to conquer U.S.

Saturday, March 19th, 2011

"I have a theory of Breton peasant. To succeed, we must not spend more than you earn. And to remain independent, it must have a cash flow greater than his ego. "The recipe has obviously succeeded. At age 64, Louis Le Duff, son of Vegetable Cléder in Brittany, built a small empire of fast food that 100% inspection, starting with opening the first store Brioche Doree in the center of Brest, 1976.

Practical man, always on the lookout for new, close to Michel Lucas, head of the Mutual Credit, Claude Guillemot (Ubisoft), Jean-Michel Lemetayer and Herve Novelli, author of several books on entrepreneurship, Louis Le Duff is also a devotee of the United States, where he spent part of his studies. It is already opened 130 outlets (57 and 73 Brioche Doree La Madeleine).Today, he spends a gear by buying investment fund Sun Capital Partners, the American chain Bruegger's.

This acquisition is the largest ever conducted by Groupe Le Duff, but this is not the first. Louis Le Duff had bought Pizza Del Arte Accor in 1996. In 2002 he had acquired in North America teaches Madeleine created by the Holder Group, owner of Paul bakeries.

World number two

Founded in 1983, Bruegger's chain of 302 outlets in 26 U.S. states. Employing 2800 employees it achieved $ 285 million in sales last year."Very profitable", according to Louis Le Duff, she offers a range of products for consumption on or off the premises (sandwiches, salads, soups …), but his specialty is the bagel (over 30% of sales), a bun-shaped ring comes with a garnish of your choice (cheese, salmon …). "With this acquisition, we become the world number two" bakery cafe, Panera Bread behind the U.S. with $ 2.2 billion in sales, welcomed Louis Le Duff. Suddenly, we realize $ 600 million of business volume in the United States. " With 1095 points of sale (half-branch and the other in excess), the group now weighs 1.1 billion euros of turnover. With Bruegger's, he produced 40% of its sales in the United States, as in France. But he hopes to convert Americans to the rolls and pastries comforts of home."I'll keep the bagels, but we will" franciser "Bruegger's" warns Louis Le Duff, who plans to convert the Bruegger's in Brioche Doree in the coming years. Conversely, the group will test its first bagels in France next September.

In 2010, Le Duff Group opened 67 stores and has closed 25. This year it expects net openings 87, 21 Bruegger's in the United States. For the first time, Pizza Del Arte (92 restaurants in France) is exported. The chain plans for 21 openings, including two overseas free, Ireland and Saudi Arabia. Brioche Doree, meanwhile, arrived in China at year end, with two addresses in Beijing and Shanghai. In France, where she has 310 points of sale, the company provides 18 openings.

ALSO READ:

"La Brioche Doree strengthens the USA

Tags: , , , ,
Posted in business, features, international, online, technology | Comments Off

The development of nuclear industry outstanding in the world

Wednesday, March 16th, 2011

"I ask for patience until that we have sufficient information available to review the issues discovered in central Japan to draw lessons for the future role of nuclear energy." When a visit to Oslo on Tuesday, Nobuo Tanaka, the president of the International Energy Agency (IEA) has expressed its fears that events in Japan to delay the development of nuclear energy worldwide. At a time when all eyes are on the plant in Fukushima, damaged Friday by a powerful earthquake followed by tsunami, and been shaken by four explosions, several countries have decided to test security at nuclear power plants.

"If I understand the public reaction, I am concerned about the effect this might have on support for this technology given its important role in energy security and the advent of a low-carbon economy," said Nobuo Tanaka. According to the World Nuclear Association, world production of nuclear electricity has reached terrawattheures 2560 (TWh) in 2009, representing 14% of the total electricity production. There are currently 443 nuclear reactors operating worldwide.On the other hand, according to a report published by the IEA in 2010, the development of nuclear energy should account for 6% of the solution in efforts to halve CO2 emissions by 2050 to limit to 2 ° C global temperature increase.

"The accident at the plant in Fukushima probably begin the prospects of civil nuclear power, especially in countries more cautious vis-à-vis this energy," said Louis Boujard, an analyst at Aurel BGC. In Germany, where 80% of citizens fear the use of nuclear power and 63% want the quick abandonment of this energy, according to a poll released Wednesday by the magazine Stern, Angela Merkel has closed three months for the seven nuclear reactors older the country, the time for their security screened. Switzerland has announced that his side have suspended its plans to renew nuclear power stations.A reflection on a possible postponement of projects were also started in South Africa.

Likely increase maintenance expenditure

One issue that does not arise in France. Nicolas Sarkozy reaffirmed on Wednesday the "relevance" of the choice of nuclear energy, "essential element" of the country's energy independence. He stressed the "excellence" dudispositif safety of French nuclear facilities. The Hexagon has 58 reactors that provide about 76% of the electricity produced. "For France, it is rather whether maintenance expenditure will be needed to increase plant safety, as part of the audit initiated by the government," said Louis Boujard. In this context, Aurel BGC has degraded the EDF shares to "buy" to "sell" with a price target reduced from 40 to 25 euros.

In fact, the stock market, the values ​​of nuclear suffered in the wake of the disaster in Japan. Areva has unscrewed the title Tuesday of 8.56% in Paris, having already won from 9.61% Monday, while EDF has lost 1.38% after a fall of 5.28% yesterday. On Wednesday, the title Areva took over and gained 3.21% in mid-session. The loss of EDF was limited to 0.51%. Conversely, the values ​​related to renewable energy are acclaimed by investors earlier in the week.

In France, EDF Energies Nouvelles has closed up 4.40% Tuesday, after a gain of 5.09% yesterday. The producer of electricity from wind Theolia jumped 14.17%, 1.69% after having nibbled on Monday. The title of the giant Danish Vestas Wind rose by 1.13% Tuesday, after an increase of 9.59% on Monday. Finally, the equipment manufacturer solar Renewable Energy Corporation (CCC) gained 11.61% Monday, and 2% on Tuesday."The events in Japan could lead to increased investment in solar or wind projects of around 10% per year over the next two years," said Rupesh Madlani, renewable energy specialist at Barclays Capital in London.

"Effect opportunistic" for renewable energy

For Louis Boujard, however, "a radical change in global energy mix is ​​not feasible in the long term." The analyst believes that the renewable energy sector has a stock market "effect opportunistic," even if he could win points with the public and governments. "Trade-offs may indeed promote the sector and we can consider a larger than expected development of green alternatives." But in terms of current capabilities, analysts point out that renewable energy can not completely replace nuclear in the long term.

To Rupesh Madlani, the gas will certainly be the biggest beneficiary of a possible sudden brake on nuclear power, because its combustion releases twice less CO2 than coal. But to remain in compliance with scenarios fight against climate change, consumption of gas itself must decrease from 2020-2025, recalled the analyst from Barclays Capital. In fact, the debates initiated in several countries for their commitment to raise another nuclear complex equation. "For climate, this can not be good news," says Cedric Philibert, an expert on renewable energy to the IEA. "What we must avoid is that a slowdown in nuclear development will result in a return to the fossil," he warns.

ALSO READ:

"SPECIAL REPORT – Japan devastated

"Warning shot for global nuclear energy

"Nuclear Japan: understanding incidents

"Nuclear power: controls multiply abroad

Tags: , , , ,
Posted in events, international, online, opinions, technology | Comments Off

The bad news is Back Cac 40

Friday, March 11th, 2011

While the CAC 40 is not reached Wednesday in preserving the 4000 points it away again this threshold on Thursday. At the close, the index in Paris fell back from 0.75% to 3963.99 points, after losing more than 1% during the session.

At the London Stock Exchange, the FTSE-100 lost 1.55% to 5,845.29 points and Frankfurt Stock Exchange, the DAX 0.96% to 7063.09 loose points.

It is true across the Atlantic, the New York Stock Exchange is also changing in significant decline, despite a drop in oil prices, particularly penalized by poor economic indicators in the U.S. and China: the Dow Jones lost 1.28 % and the Nasdaq 1.47% to 17.45 Paris time.

Moreover, fears about the debt levels of European states have also weighed.The rating agency Moody's downgraded the sovereign debt rating to Aa2 from Spain and warned it was not immune to a further reduction, saying the projects would cost consolidation in the banking sector more than expected and add to debt.

In addition, Lisbon yesterday borrowed at record levels, more than 7.5%, considered critical by many experts. The president himself has expressed his concerns. In the wake of Portugal, the rates in Spain and Italy have also found peaks at over 5%.

As for commodities, oil prices resumed.In early afternoon in Paris, on the New York Mercantile Exchange (Nymex), a barrel of light sweet crude for April delivery traded at 103.00 dollars, down from $ 1.38 the day before.

In statistical terms, the French industrial production rose 1% in January, after rising 0.2% in December, INSEE said Thursday.

And wage employment in the market sector grew by 0.2% in the fourth quarter of 2010 over the previous quarter, or 37,600 net new jobs created, and the rise throughout the year is 0.9% with 124,600 jobs created, according to final data from INSEE on Thursday.

In addition, the Bank of England, as expected, kept its key interest rate Thursday to its lowest level ever and left open its program to repurchase assets, despite the inflationary risks exacerbated by higher crude prices.In addition, weekly jobless claims rose more than expected in the United States during the week to March 5, 371,000 to 397,000 cons (revised) the previous week, said Thursday the Labor Department. Economists on average had expected 378,000 registered unemployed.

Carrefour leads the CAC 40

The titles are the most defensive in the green as Carrefour (1.27% to 32.64 euros, the biggest increase CAC 40), Danone (0.63% to 44.78 euros) and Sanofi-Aventis (+ 0.26% to 50.41 euros).

Publicis, advanced 0.18% to 39.63 euros. The media group has announced the acquisition of the British agency Airlock, a company specializing in digital communications and based in London.

Outside the CAC 40, Soitec flew nearly 10% to 9.73 euros after announcing a major contract for a solar farm in the United States.Analysts estimate the value of the turnkey contract of nearly 500 million euros, 60% to 75% for Soitec high quality business cards.

Valeo him ahead by 1.01% to 43.52 euros after the publication of its annual results and especially the recovery of its objectives. He is now an operating margin above 7% in 2015 against 6.4% last year. The return on capital invested should be maintained above 30%. The French automotive supplier said further study the possible issuance of bonds for 500 million euros.

Lagardère that folds from 1.37% to 32.34 euros has also released its results.The group media group Publishing and has published a net profit of 163 million euros for 2010, up 18.9% year on year, and announced that its flagship media had conducted a performance slightly above expectations.

France Telecom also declined from 0.93% to 15.46 euros. In an interview with the daily Les Echos, the group's CEO, Stephane Richard, denies the possibility of a "functional separation", raised by the Competition Authority. The operator wants to deploy a fiber optic network into homes.

GDF Suez abandons him nearly 0.79% to 12.58 euros. Forty buyers, mainly from UK pension funds, have flocked yesterday on the issuance of debt to 100 years by GDF Suez. Demand reached 400 million euros of these titles, so that the broadcast was limited to 300 million euros by the group.Those first bonds issued in euros 100 years show a yield of 5.95%.

Air France-KLM (-0.87% to 11.98 euros), Alitalia and Delta Airlines are discussing with the Indian carrier Jet Airways a wide partnership, prior to entry into Skyteam, advance the Tribune. The agreement between the Indian company and Air France, KLM, Alitalia and Delta Airlines could be signed in 2012.

Vivendi was down 0.47% to 19.98 euros after announcing the appointment of Lucian Grainge as CEO of Universal Music Group (UMG). Lucian Grainge was previously Chief Executive Officer of UMG. It remains attached to Jean-Bernard Lévy, Vivendi chief executive, and board member of Vivendi.

The side of smaller values, Bonduelle slips 0.02% at 65 euros.The specialist in vegetables, on Thursday posted a net profit down 38.5% to 15.5 million euros in the first half of its fiscal year 2010-2011, but has announced revised upwards its annual target for operating profit current.

Conversely, the paper group Sequana folds from 2.03% to 12.80 euros after announcing a 2010 net profit up 60% to 32 million euros for a turnover up 6% to 4.3 billion euros this year and aims to improve its operating performance.

Gemalto plunges him from 1.70% to 35.64 euros.Le manufacturer of smart cards, on Thursday posted a net profit after minority interests rose 42.7% in 2010 to 163.9 million euros, with turnover also in progress, 19%, to 1.9 billion euros.

MR Handyman rose 1.44% to 14.10 euros after announcing an increase of 29.8% of its ordinary operating profit 2010, while sales have grown by 3.2% thanks to strong performances from its stores. The company will propose a dividend of 0.58 euro per share, up 1.7%.

Tags: , , , ,
Posted in economic, life, special, top news, world | Comments Off

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.

ALSO READ:

"Leclerc and Auchan have gained ground in 2010

Tags: , , , ,
Posted in business, events, finance, news, special | Comments Off

Payment methods: France at two speeds

Thursday, February 24th, 2011

In terms of payment, the French remain traditional. They are thus 96% to have a checkbook, 81% to use the bank transfer as payment methods and 56% to hold a credit card, according to a study * published recently by Ifop and the company Wincor Nixdorf. "The installed electronic payment methods ( free business cards…) occupy a prominent place in the habits of the French and undergo only weak competition from newer facilities, such as accounts of remittances (such as Paypal and Western Union, Ed) or the door electronic purse, "said Steve Bousabata, Director of Wincor Nixdorf Banking France.

Tags: , , , ,
Posted in economics, life, money, special, world | Comments Off

China dedicated second world economy in 2010

Monday, February 14th, 2011

Already observed in a quarter last summer, the changing economic balance of power is approved, the delightful Peking as the second world economy, Tokyo with an annual GDP of 5 cash advance loan.8786 trillion dollars in 2010, cons 5474200000000 . The …

Tags: , , , ,
Posted in economic, economy, news, special, world | Comments Off

500 million euros more for employment

Saturday, February 12th, 2011

Nicolas Sarkozy announced Thursday that the government would generate an additional EUR 500 million in the budget for the job to fight against the long-term unemployment and promote early learning. "We will mobilize all our forces" for the job, said the head of state. "Growth has returned, the signs are encouraging, it'll work." Guest on the program "French Song" on TF1, the president said the new investment would be offset by savings in other departmental budgets.

Nicolas Sarkozy, who announced a year ago, during the same fiscal response to the French on TF1, "unemployment would fall in the months to come," was in a difficult position this Thursday evening when the situation is far from s be improved on the unemployment front in France.Although 2010 has been less dramatic than the 2009 balance sheet remains very negative.

Employment "at the heart of the priorities" of government

The hexagon returns to levels not seen since more than ten years: 31 December, there were between 2.72 and 4.05 million unemployed by their category. Be between 80,100 and 202,500 job seekers from a year earlier, however, increases 2-5 times lower than in registred in 2009.

Tags: , , , ,
Posted in business, economics, online, people, top news | Comments Off

Lagardere sells at high prices to its Hearst Magazines International

Monday, January 31st, 2011

In a forced march. Less than a month after announcing the opening of exclusive negotiations with U.S. publisher Hearst, Lagardère has completed the sale transaction of its global news division.

According to our information, the operation reached a total value of 720 million euros, 650 million in cash and 8 million a year in royalties under the license for Elle magazine. What credit the women's magazine with a net present value of at least 70 million euros.

Lagardere, which has a framework agreement for this purpose in several countries, will retain ownership of the brand, merchandising and will have a say on the editorial line.

If Lagardère now refocuses on France, it protects the passage of one of its most beautiful asset in the national territory through a licensing agreement with a purchaser Hearst.Finally, Lagardere keeps 30 million euros of real estate that he intends to sell later. The scope of the operation on 102 newspaper titles in 15 countries. Neither Hearst nor Lagardère were willing to comment on the Sunday operation.

This sale is expected to positively surprise the market. Aware of the nuggets of the group as the 42 versions of Elle magazine and the 12 international versions of Psychology, the latter assumed an amount exceeding 500 million euros, but its high estimate never exceeded 700 million. Is roughly the turnover of the international press center, which has 5,000 employees and 58% of the total turnover of the entire magazine division of Lagardère. The latter amounting to 1.270 billion euros.

Leader

Finally, the United States, Lagardère is also the publisher of prestigious brands such as Car & Driver (1.3 million copies) and Woman's Day (3.8 million). What have raised the stakes throughout the negotiations.

This operation will therefore allow the French group company debt in late 2011 and get him out of an industry where it considers no longer have the critical mass to compete favorably and restructure. In 2009, the victim of a sharp downturn in advertising, more marked than in France International, the group had already sold five U.S. specialty magazines (Popular Photography, Flying, Boating …) to the publisher Bonnier. He had also arrested a half-dozen magazines in the world.

For his part, Hearst consolidates its leading position in the magazine not only on its home market but also globally.The latter has a total turnover of $ 4 billion and employs approximately 20,000 people worldwide. He holds a dozen magazines like Harper's Bazaar – the biggest competitor of Elle – Cosmopolitan, Esquire, Country Living with nearly 200 international versions. If the strategy is clear to the American group, Lagardère will now have to convince his own. Last week, he emphasized his desire to concentrate on its subsidiary Sports Unlimited.

ALSO READ:

"Lagardère confirmed its 2010 targets

Tags: , , , ,
Posted in Uncategorized, economic, resources, technology, top news | Comments Off

« Older Entries
Newer Entries »