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As in Asia this morning, the CAC 40 has taken great colors on Tuesday. The benchmark index of the Paris closed up 2.73% and finished well beyond 3400 points, 3423 points exactly. Investors changed course in Paris while on Monday, the ACC has approached its lowest level this year at 3332 points (-0.48%).

Elsewhere in Europe, the same trend: the Ibex-35 index of the Madrid Stock Exchange Tuesday ended up 3.59% at 9615 points, strongly supported by banking stocks and the FTSE in London gained 2.93% to 4965 points while in Frankfurt the Dax was 2.15% awarded to 5940 points.

The euro also continues to rise, which was accentuated in session after the publication of an ISM service activities in the United States still above 50. Around 18 heurse, EUO rises from 0.84% to 1.2649 dollar.

Despite this rebound, volatility remains very strong markets.These days, investors were not reassured by the mixed indicators published last week, the United States as in the euro area. The doubts about the speed of global economic recovery weighed increasingly on morale.

On Tuesday afternoon, the markets await the opening of Wall Street may choose to pursue. U.S. markets open again after an extended weekend related to the national holiday. The meeting will begin with the analysis of the PMI services which will be published shortly after the opening. Apart from this indicator, no other major news is expected.

Alstom to

Alstom was up 4.46% to 38.4 euros. The Saudi-French consortium, joining Alstom and SNCF, has in fact likely to report a TGV project in Saudi Arabia.Contract Amount: at least 10 billion dollars according to Philippe Mellier, President and CEO of Alstom.

The rating is also taken up by the rebound in bank Credit Agricole (5.43%), Societe Generale (6.27%) and BNP Paribas (4.23%) are among the highest increases.

Air France (Air France-KLM), which posted a record loss last year, plans to cut 4109 jobs over the period 2010-2012 to meet the air transport crisis. The stock gained 3% to 9.81 euros.

Areva (0.81% to 328.65 euros) should always be led by Anne Lauvergeon. According to sources close to the matter quoted by Agence France Presse, Nicolas Sarkozy has decided to maintain the group's boss at his post until the end of his mandate.Rumors had often reported the contrary.

Also in the nuclear site EPR Flamanville, led by EDF (+1.3% at 30.67 euros) also suffer delays. An audit suggests a period of 24 months. EDF expected to make the announcement soon.

Finally, investors should still respond to the publication by Stephane Richard's strategic plan of France Telecom (2.68% to 14.75 euros) for 5 years. The operator also wishes to reach 300 million customers around the world to this date and hire 10,000 people by 2012.

Please note that Club Med has increased by almost 15% Tuesday.

The Paris Bourse is expected to remain in the zone of turbulence through it since Tuesday. The CAC 40, after nine sessions of gains chained and won 10.5%, has now three sessions of decline, losing 4.8%. So since the beginning of the month, the benchmark index of the Paris took only 1.5% and rises to 3555 points.

Around 8:15 this Friday, the CAC 40 futures contracts still predicting an opening up about 0.3%, but the trend is weak.

In the same time, the euro appears stable at 1.2330 dollar after resuming colors Thursday as statistics mixed overseas sowed doubts about the strength of the recovery amércaine.

Overall, the atmosphere is tense markets. The Asian market on Friday morning, displays counters in the red. In France, unemployment had not risen so much since seven months.

The national accounts in the spotlight

In France, a quarter of an hour before the opening of trading, INSEE will release figures on national accounts in the country for the first quarter.

The United States, the third estimate of GDP is known to 14:30.

Pressure on prices in the telecoms

The portion of mobile technology fourth generation "LTE" should redistribute the cards in this highly competitive sector, but not enough to stem the pressure on the prices of telecom equipment, told Reuters the president of the Mobile Division Alcatel-Lucent, Wim Sweldens payday loan lenders.

GDF Suez, Total, EDF The gas rate increase of 4.7% from 1 July to 6.3 million customers in France said Thursday the Commission of Energy Regulation.

The EDF Group postpones decision to invest in an LNG terminal in Dunkirk (North), said Thursday a spokesman for the group. This terminal was supposed to compensate for some job losses related to the closure of the refinery from Total.

Computer services companies in the sector may react to quarterly results better than expected by Accenture announced Thursday evening. The group's net profit totaled $ 564 million (457 million euros), or $ 0.73 per share against 537 million ($ 0.68 per share) a year ago and $ 0.69 expected by Wall Street.

The French industrial group Alstom has unveiled Thursday at a U.S. plant turbines, especially for nuclear power generation, for which he has invested about 300 million dollars, according to a statement.

According to Le Figaro Latecoère the aerospace supplier will propose on Friday to its shareholders at a General Assembly, the free allocation of share purchase warrants (BSA) in 2012. It has thereby remove some 43 million euros.

The French will they give a hard time in government? After the presentation of the draft pension reform by Labour Minister Eric Woerth, a survey of Le Parisien in France * Now provides an overview of their state of mind. In disagreement with the reform, of course, but with few illusions about a possible return back. The government has hinted it is true for several months that a reform of the pension system was inevitable, like the steps already taken in neighboring countries.

According to the poll published in the Thursday edition of Le Parisien, 60% of respondents said they in fact disagree with the proposed pension reform. A higher proportion of no surprise among supporters of the left (73%) than among supporters of right (24%).Traders, businessmen and artisans are also those who most support the reform, while workers and employees are the most heavily opposed.

Mobilization June 24

In total, 52% of respondents who consider the reform "unfair" and "not effective". Another aspect of the survey that could worry the government: they are 78% believed that the reform could generate important social movement. A concerted effort is already scheduled for June 24. It will "definitely strong, we do not fear," warned Eric Woerth Thursday morning on RTL. The unions, however, until Friday, when the project should be tabled several boards including the notice is required to reverse the project.

The government could include concessions on long careers and arduous.However, it should give way on the legal age of retirement, increased to 62 in 2018. Eric Woerth, Wednesday night on TF1, was very firm on this point: "We will not return to age-related measures because they are serious and socially acceptable," he warned. A delay on which the French did not have no illusions: they are 52% believed that the Socialist Party does not reintroduce the retirement at age 60, despite recent statements of Martine Aubry in this direction.

* Survey conducted by telephone, on a representative sample of 940 persons aged 18 and over, by the quota method.

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While the Paris index ended the session fifth consecutive increase, and finished with 3661 points on Tuesday night against 3380 points a week earlier, the CAC 40 does not seem to want to stop. At the opening Wednesday, the benchmark index of the Paris meeting starts up sharply from 0.72% to 3687 points.

In six sessions, the CAC 40 rose 9.1%.

Elsewhere in Europe, the counters are green as well: the DAX index of the Frankfurt Stock Exchange opened up 0.45% to 6203.01 points, the Footsie-100 from London to 0.56% in 5247 11 points.

Early this morning the Nikkei is ironed beyond the 10,000 points and by 1.8%. Same trend in U.S. markets, which closed Tuesday on a sustained growth over 2%.

In the first exchanges to 9:00, the euro is still evolving up 0.2%: $ 1.23 rating than he. Oil, he, trades at more than $ 77.The gold is worth more than 1233 dollars.

The large statistics of the day are American

From the macroeconomic side Wednesday in the euro area, 11 hours, the second estimate of inflation for the month of April will be unveiled.

In the U.S., housing starts, producer prices and industrial production for the month of May will be known between 14.30 and 15.15, before the opening of U.S. markets.Then, the traditional weekly crude inventories will be published.

Rodriguez's boss resigns after indictment

The specialist luxury yacht on Tuesday announced the resignation of its president, Alexander Rodriguez, indicted and jailed last week in a case of banditry, and substituting the group's founder, Gerard Rodriguez.

The scoring title, which had been suspended at the request of the company, will resume Wednesday.

Zodiac Aerospace: 1.83% to 44.7 eurosLe group, whose sales fell 7.6% during the first nine months of its fiscal year, said receiving encouraging signs of restarting the industry aeronautics in a context of more favorable exchange rate.The aerospace supplier confirms its annual targets.

In an interview with the Tribune, Zarrouati Olivier, CEO, says there is no plan to merge with another actor can French aviation capital and no operations are planned at this time with a group foreign

Distribution: showdown on judicial coffee pods Nestlé sued for infringing its competitor Sara Lee (Coffee House). According to information of Figaro, the casino dealer would also be covered by the complaint.Nestle, the world leader in food and owner of Nespresso, sued Friday in front of the Tribunal de Grande Instance of Paris the U.S. Sara Lee, which sells in France for use in coffee pods Nespresso machines under the brand Gold ( coffee house).

GDF Suez: -0.16% to 25.4 euros Tuesday, the group headed by Gerard Mestrallet did not hide his satisfaction at the announcement of the signing of a contract to build a gas power plant of a capacity of 1730 megawatts (MW) in Saudi Arabia. The operation is substantial. The future plant, which will be commissioned in late 2012, an output slightly above the EPR (1600 MW), for a price much lower: 2.1 billion dollars.

Suez Environnement: 1.47% to 14.5 euros The group announced Tuesday night that AA successfully placed a bond issue of 500 million euros over 12 years, due 2022 at a rate of 4.123%.

Ubisoft: 2.84% to 7.98 euros The company will offer four games straight out, November 4, the new gaming device from Microsoft, which will be followed by eight others currently in preparation, "said CEO Yves Guillemot to Echos.

Sanofi Aventis: -0.08% to 50.9 euros The French pharmaceutical group has signed an agreement to acquire Canadian independent group Canderm, a specialist in dermatology.This acquisition will allow Sanofi-Aventis to double its turnover in public health in Canada, according to a statement.

In addition, the company managed to obtain a refund of the medicine disorders dy heart rate, Multaq, 65%.

Dassault Aviation: 1.33% to 608 euros The Defence Minister Herve Morin said on France Info "fanciful" press reports that the modernization of combat aircraft Rafale required by the Emirates would buy 60 aircraft from four to millliards five euros of development costs, partly at the expense of France.

Ginger: +1.2% to 16.85 euros The Dutch Grontmij Ginger will buy at a price of 28.20 euros per share, creating the fourth largest European player in the field of consulting engineering, with a combined turnover 1.1 billion euros and 11,000 employees, both groups announced in a statement. The offer price values the company 120 million euros.

"If the euro fails to go higher than $ 1.24, a new test of the lowest annual is very likely," warned early this morning, the analysts from Saxo Bank. The new incursion in the $ 1.22 actually arrived very quickly and a low annual dollar touched 1.2110 in late morning, while the previous floor was 1.2144 dollars (May 18) .

The symbolic level of $ 1.20 per euro is very close, even if the euro regained some strength on Tuesday afternoon (1.2239 to 16.30 dollars), after publication in the U.S. two good indicators on construction and manufacturing activity, which reinforce the prospects of a good recovery across the Atlantic.

To believe in technical analysis, however, a return of the euro against the dollar is 1.166 "inevitable".The lower this morning placed parity in graphic form delicate figure, called "double bottom" (in the form of a W) that had drawn these days was conducive to a strong rebound momentum. But with this new low index, the scenario is shattered. Below 1.21, the euro / dollar is vulnerable to a return to 1.18 and 1.166, is the course that was in effect at the time of its establishment 31 December 1998 low fee pay day loans.

The banking system under pressure

The euro has suffered Tuesday morning due to problems of sovereign debt that could spread to the banking system.The ECB has in fact warned Monday in its biannual Financial Stability report that banks in the euro area could face a potential second wave of loan losses may amount to 195 billion euros over the next 18 months Because of the financial crisis.

Lagarde: "Exporters do not complain"

French exporters, who complained when they felt too strong euro against the dollar, do not say anything since the European currency has weakened, said Tuesday the Minister of Economy Christine Lagarde in the corridors Assembly.

"Me, they (exporters, Ed) were all behind my door when the euro was at $ 1.45, claiming that the Euro was too strong (…) I have one today. So I think for them it should work. "

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Less than a year after coming out of bankruptcy, the American General Motors seems on the road to recovery. The Detroit group has returned a net profit in the first quarter for the first time in nearly three years to 865 million. "This is an incredibly important step. We are very far from where we were last year, "said Chris Liddell, chief financial officer of manufacturer on CNBC. GM had continued to accumulate losses in 2009 and had received nearly 50 billion dollars of government support in total.

The improvement in the first quarter, according to the group, mainly due to higher sales (turnover is up 40%), combined with cost control. GM was robbed of four brands including eight in the United States, leaving only Cadillac, Chevrolet, GMC and Buick. The group emerged from bankruptcy in July, eased some of its debts.He completed repaying $ 6.7 billion in loans from the U.S. and Canada in April. The U.S. Treasury still holds 61% of capital.

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During a speech Thursday at the University Cooper Union in New York, Barack Obama forcefully defended his plan for banking reform. Faced with dozens of top leaders of institutions in New York, Bush has denounced "the furious efforts of professional lobbyists to shape this legislation in a way that serves their own interests."

Most of the bosses of big banks such as JPMorgan Chase, Bank of America or Morgan Stanley, had not moved to hear this lesson in civics."I am here today because I believe these reforms are ultimately not only in the interests of our country but also in the interest of our financial sector," argued the President of the United States.

"Some on Wall Street have forgotten that behind every dollar borrowed or exchanged is a family that wants to buy a house, finance the studies of one member, create a business or saving for retirement," said Barack Obama. The President relies on the unpopularity of the major New York banks to overcome Republican opposition. The charge of fraud brought against Goldman Sachs by the SEC, U.S. financial markets authority, maintains that state of mind.By their excessive risk taking, the largest financial institutions are held accountable by the crisis that nearly triggered one second Great Depression.

The "surcharge" balance

A version of the financial reform has already been passed in the House of Representatives in December. The text gives the executive the power to dismantle a large financial institution in difficulty. It forces to standardize financial derivatives and to rank them on organized markets transparent. The possibility of requiring commercial banks to abandon their activities altogether derivatives is proposed by some Democrats.

The reform also creates a new agency to regulate financial services to the general public.Barack Obama also wants to cap the size of banks and ban those who have access to the discount window of Federal Reserve to speculate on their own account. The Republican opposition was fierce against the idea of creating a new fund to rescue banks fed by a surcharge for banks. Conservatives see it as an institutionalization of the principle of systematic rescue large banks irresponsible. The possible loss of this part of the reform would respond to their wishes.

The joint venture created by EDF and Enel of Italy, has signed a partnership agreement with Ansaldo, the nuclear branch of the Italian group Finmeccanica. This five-year partnership provides for cooperation between the alliance and Ansaldo "for the development and construction of 4 nuclear reactors that EDF and Enel EPR planning to build in Italy" says EDF.

For its part Areva said it had signed three agreements with companies in Italy on Friday. The first agreement, signed with Ansaldo will enable both companies to work together in Italy, under the planned construction of four reactors conducted by ENEL and EDF, but also in the rest of the world.This partnership will result in particular through cooperation in the engineering, supply of certain equipment and assembly work and testing of commissioning.

The second agreement, signed with Techint, a group specializing in engineering and construction of large industrial facilities, provides for cooperation of two companies in future nuclear projects turnkey worldwide make quick cash.

Finally, a training agreement was signed with the university consortium for research and nuclear technology (CIRTEN). It provides the contribution of Areva to develop new nuclear industrial capabilities in Italy.

These agreements come as the annual summit between France and Italy takes place in Paris, where Nicolas Sarkozy and Silvio Berlusconi, the Italian prime minister, meet.The purpose of these agreements for EDF and Areva is to be in the running for the revival of nuclear energy in Italy from 2013.

Italy banned nuclear power in 1987 following the Chernobyl accident. But this year, a decree established a timetable for the construction of new reactors began in 2013. Silvio Berlusconi, had expressed a wish that 25% of the electricity produced in Italy comes from nuclear reactors.

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Jean-Francois Cope takes the hand. The President of the UMP group in the Assembly will announce Wednesday its intention to file a bill to keep advertising on satellite TV in France before 20 hours. This announcement will be made at the symposium held at the National Assembly on public television and the abolition of advertising. This roundtable sought by the president of the Cultural Affairs Committee, Michele Tabarot, was meant "to work to refine the national representation point of view on a subject that has evolved very quickly."

Before launching this initiative, Jean-Francois Cope has met on Friday, members of the committee that prepared the 2008 reform of public television.This work had led to the passing of the Act of March 2009 confirming the decision of publicity after 20 hours on France Televisions in January 2009 and provides fully stopped in late 2011 after the passage of any television digital.

"On Friday, the committee welcomed the strong record of reform. On Wednesday, the consensus is that advertising is kept during the day on France Televisions for we have achieved a satisfactory balance for both viewers who appreciate the stop advertising after 20 hours and for public finances, "explains Jean-Francois Cope. How to reverse the legislation? "I had the intuition to propose a clause in the law revoyure to the point before the end of 2011 to initiate the complete removal of advertising," he says."In the legislative framework for co, we will propose a bill to keep the advertisement before 20 hours. This project could be voted on before the end of 2010. "

Securing the financing of audiovisual

For months, many voices to keep advertising during the day. The UMP Christian Kert's been mentioned in the "Media Buzz Orange-Le Figaro in October 2009 cash till payday. For Vice-President of the Cultural Committee of the National Assembly, it is "sustainable financing of public broadcasting while the tax on ISPs could be challenged by Brussels, and that on private channels is increased from 3 to 0.5% of their advertising revenue. It could therefore be missed around 380 million euros, a sum that advertising brings day Wednesday.Keep it avoids contributing to the French royalty or via the state budget. "In a context of fiscal deficit, a consensus will emerge on the maintenance of advertising before 20 hours," says Franck Riester, UMP.

A position that completely refutes the government. The idea that this review could take place before the summer irritating. "At this stage it is premature to reconsider the removal of the publicity given to air programming from France Televisions. In addition, this position weakens us in our discussion with the European Commission. Finally, this reform has no sense since it is now the state budget that funds the television. "Side PS, one rubs his hands. Michel and Patrick Bloche Francaix, deputies, state that "this position was that we were defending the vote of the law.The principle of reality has caught up with everyone. And the PS deputies promise "to support this bill, but on one condition: that the proposed privatization of the advertising for France Televisions will be suspended. Jean-Francois Cope did not go that far, but believes that "it is to France Televisions to review the terms of the transaction. However, the direction of France Television is not conducive to the privatization to the tandem-Courbit Publicis. ? PG and ER

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The automaker Nissan announced today the pricing of its forthcoming electric car, the Leaf. The price in Japan is 3.76 million yen (approximately 30,220 euros) and with government assistance provided, it will be 2.99 million yen or about 24,000 euros.It will pre-order from April in Japan and will be visible in the streets in December.

The release of constru ctor Japanese released Tuesday morning said that during use of six of the Leaf, which is completely electric, the cost of the energy supply of the vehicle would be 86,000 yen (about 690 euros) against 670 low fee payday loans.000 yen (about 5380 euros) for a car in the same category as gasoline.

Sales targets

Nissan expects to sell 6,000 units of the Leaf in 2010 in Japan and will offer its customers equipment necessary to recharge cars.

Apart from Japan, Nissan plans to launch its forthcoming electric car in the U.S. and Europe from 2010 as well.The manufacturer will indicate the prices for these different markets later this year.

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The charging of electric vehicles is standardized