Archive for: November, 2011

The Paris Bourse advanced again

paris bourse

The CAC 40 in advance of 1.52% to 3150.99 points, led by banks. After the meeting of the Eurogroup, eyes turn to Italy, where there will be a crucial vote in Parliament. The Eurogroup meeting she reaches to allay fears about the debt crisis crippling the Paris market? On Tuesday, the leading index of 1.46% in mid-session [...]

The Olympus scandal

olympus-Hisashi-Mori-scandal

Falsified accounts, commissions and acquisitions dubious investments smoky, …Japan became aware Tuesday of the extent of the scandal that has shaken the manufacturer of cameras with the title on the stock market collapsed by 70% in three weeks. It’s time for Olympus to confidences and revelations are instructive. So much so that former boss, Shuichi Takayama, [...]

France : Kindle will be available in Virgin Megastore

virgin

HIGH TECH – The world of Internet sales in stores bet that a launch of its Kindle reading light will allow him to break into a French e-book market that is slow to take off again … The Virgin Megastore retail chain said Tuesday it would distribute exclusively in France, the e-book reader from Amazon [...]

Music sales online blooms more than CD sales because of piracy

Music-Cds

Worldwide sales of digital music should grow by about 7% this year to $ 6.3 billion, driven by the boom in online services such as iTunes or Spotify, says Gartner on Tuesday. The research firm predicts, however, that CD sales, affected by piracy and competition from online offerings, will continue to decline without being offset by [...]

Euro area battles the debt crisis

debtcrisis1

Twelve days after a final summit was intended to stem the debt crisis, building a solid line of defense in the euro area has not moved an inch. Concerning the strengthening of the European financial stability, a crucial measure to contain the crisis and save the sinking euro area, the finance ministers of Seventeen, meeting in [...]

Societe Generale sided to equity boosting and dividend cutting

societegenerale

Societe Generale has resolutely focused on strengthening its capital by announcing Tuesday that it will not distribute dividend for its 2011 fiscal year, a first since the privatization of the French bank that markets welcomed. “The challenge for this quarter was to show that we were able to accelerate to get ready (to) go to” [...]

United front for banks comes across difficulties

UFB

Suspended in the evolution of the political situation in Italy, in the dark about the future government of national unity in Greece and stalled on reform of the fund to support the euro, the European Ministers of Finance Tuesday struggled to maintain a united front on the support to banks. While the Heads of State [...]

The austerity plan has a big impact on Real Estate

Austerity

Removing the Scellier, elimination of interest-free loan, up to 7% VAT for renovation …Real estate is heavily affected by the new austerity plan announced Monday afternoon by François Fillon. Explanations. Removing the Scellier end of 2012 – The “Scellier” were to disappear late 2012 but was extended until 2015 in the Finance Bill for next [...]

Lagardère made a new downward revision of forecast 2011

FRANCE-LAGARDERE

Lagardère has again Tuesday lowered its forecast for operating profit for 2011, still weighed down by the difficulties of its division dedicated to the sport, making unscrew the stock exchange. The media group led by Arnaud Lagardère now provides a down 5% to 12% of its recurring EBIT before associates (operating profit) media for 2011, [...]

Europe rise continues with finance; Investors look forward to Greece

Economy

Investors await a key vote for Silvio Berlusconi in Parliament. Italian rates continue to surge in the bond market. Financial stocks led the rise in Europe. European shares move sharply higher on Tuesday, November 8. The places of the continent remain dominated by politics and the budget vote of Italy is one of the key events for the [...]

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