Posted by admin | Under Uncategorized, business, economy, opinions, top news
Sunday Mar 7, 2010
Nicolas Sarkozy is he fell off the bed? The Head of State arrived well ahead of schedule Saturday morning at the Salon de l'Agriculture in Paris. While appointments had been given to the press at 9:00 am, for arrival between 9:30 and 10:00, the President took everyone to court in arriving at 8:30.
Half an hour before the exhibition opens to the public, and while all the journalists had not yet arrived, the head of state has been able to finish a quiet and calm in a tense situation. It is accompanied by Ministers Bruno Le Maire (Agriculture) and Michel Mercier (Rural Areas and Regional Planning).It has been particularly welcomed by Jean-Michel Lemetayer, president of the National Federation of Farmers' Unions (FNSEA).
"Nicolas Sarkozy is taking its time"
While departing from the tradition, the president has not opened this year's Salon de la Porte de Versailles, it was eagerly awaited by farmers who suffer the brunt of crisis. The Salon de l'Agriculture has always been a difficult visit to Nicolas Sarkozy payday advance . Two years ago, his baptism of fire as president had led to a controversy surrounding the famous phrase, coined a visitor who refused to shake his hand, "Casse-toi pauvre con". Especially, the current president's hard to bear comparison with his predecessor.Jacques Chirac is in fact very comfortable in the exercise, which he demonstrated again Friday during a visit acclaimed.
"It seems that Nicolas Sarkozy, who usually do not linger in the aisles of the Salon, decided this year to take more time to listen to farmers," explains one of the envoys of Figaro on site, which also describes the security services "tense". Anxious to avoid overflow, the bodyguards of the president are intractable. The Roundtable, scheduled for the morning with representatives of the agricultural world, will take place elsewhere out of sight, journalists are invited to follow from the newsroom.
More to come on lefigaro.fr …
Posted by admin | Under economy, finance, publications, resources, top news
Sunday Feb 7, 2010
A crisis? What crisis? The luxury group Hermes has earned over the year 2009, sales up 8.5% (+4.1% at constant exchange rates), to 1.91 billion euros, exceeding its objectives and expectations of analysts (1.886 billion according to the consensus).
Performance explained by the boost of holiday season. In fact the only three months of 2009, activity has soared by 18% (+11% constant).
"All geographical areas are progressing with the exception of Japan," the group said. This is not surprising. The improvement in the fourth quarter was very strong in the Americas (+20% after +1.6% at the end of the first nine months of the previous year) and Europe (9% after -0.5%) and Asia outside Japan is still very active (35% after 26%).
The two activities most contributors margins are very strong, with an annual turnover up 16% on leather goods – which represents about half of total turnover – and 6% on Silk (12% of total business) cash advance to savings account . The activities mainly wholesale sales are picking up later this year but remain in the red.
Hermes International has finally raised its initial target of 5% decrease in recurring operating income is now expecting a slight increase. Natixis Securities anticipates an increase of 1%. In addition, net income is expected "close to that of 2008, or 290 million euros. The broker for the time table of 306 million euros. An analyst meeting will be held from nine hours.
For 2010, the continuation of the strategy and twelve new branches are announced.
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Posted by admin | Under finance, online, people, resources, top news
Wednesday Jan 27, 2010
If these are the salaries of bosses who are the most frequently stigmatized, smaller does not make as many copies. An analysis by John Gatty, chairman of the management company portfolio JG Capital Management, is evident even in the inverse relationship that binds the market performance of the Small Business 90, and pay their boss!
Without claiming to have conducted a scientific study, the manager who invests heavily in these small caps of the SBF 250, compiled and classified statistics publicly available on the market performance of these 90 companies since 2001, and compensation their boss. The finding, paradoxical, compiled by JG Capital Management, is that, on average, over the boss's pay, the higher the stock market performance of the enterprise is low.
"Inverse correlation and shocking"
The nine companies whose stock price rose the most since 2001 (average 640% Hi-Media, Gameloft, Lacie, or VM Toupargel materials are involved) are those whose employers are paying less (203 payday loan € .000 in 2008). While nine companies whose stock performance was the worst (-76% on average over the same period) are also those whose bosses are better paid (675,000 € in average). They include Rodriguez, whose owner has received 1,439,000 euros in 2008, Eurodisney and GFI Informatique. John Gatty is that the observed sample (90 companies) can do together, because of its smallness, as special cases. The strength of these statistics suggest, however, perplexed.
Martin Hirsch and John Gatty have also a common platform to Echos, denounced the governance problems revealed by these statistics. For "almost all the companies in which we observe this inverse correlation and shocking claims to respect the requirements of the Code of Corporate Governance prepared by the MEDEF Adep and" they rebelled.
Posted by admin | Under features, money, opinions, resources, top news
Monday Jan 25, 2010
The Californian partner Renault in electric cars have passed a nice round. Better Place has in effect said on Monday it has raised 350 million dollars, 247 million euros.
The deal values the company at 1.25 billion dollars. It should enable the company to "grow internationally," according to its CEO Shai Agassi, quoted in a news group.
It was underwritten by HSBC, Morgan Stanley Investment Management and Lazard Asset Management, and must be closed during the first quarter. In its statement, Better Place is pleased to be among the major investment of its kind conducted by HSBC Business Card Design . Having spent 125 million dollars, nearly 90 million euros, HSBC is the largest investor in this transaction.The bank will take 10% stake Better Place, and put Kevin Adeson, head of global financial transactions, within the executive committee of Better Place.
Better Place will install networks of charging infrastructure for electric vehicles. Through its partnership with Renault, Better Place aims to commercialize a nombvre minimum of 100,000 cars in Israel and Denmark by 2016.
Posted by admin | Under Uncategorized, events, news, opinions, top news
Wednesday Dec 23, 2009
At approximately 9:10 am, the CAC 40 rose 0.32% to 3910 points, after already accumulated a gain of 2.70% since Monday. The index reached its previous meeting in the highest annual stood at 3918 points, while socializing with 3923 points.
The rally bullish year end is continuing on the European and U.S. indices. Yesterday, the publication of a further rise in housing resales (+7.4% in November) in the United States has reassured investors on the takeover of the U.S. real estate.This is the seventh month of increase over the past eight months.
On the macroeconomic front, the United States publish the expenditure and income of households in November at 14h30, the index of consumer confidence in Michigan in December and new home sales in November to 16 hours, and oil stocks weekly at 16:30.
Values follow
According to the newspaper Le Figaro, Veolia ally himself with the Italian railway company Trenitalia to launch TGV from France in 2012 to compete with the station.
The French government has selected BAE Systems to deliver an order of military vehicles in an amount of 246 million euros at the expense of Thales, according to The Times.
Maurel & Prom has announced the successful tests on the exploration well OMGW-1 (Gwedidi-1), located in Gabon, on the exploration permit Omoueyi.
The sales group Ares appears to 34.8 million euros over the first six months of fiscal 2009-2010.
Sanofi-Aventis would consider acquiring a stake in the Danish biotech company Zealand Pharma.
EDF could open the French market for electricity in Russia's Gazprom by Voices. "Gazprom will supply gas and electricity recovery in Europe," according to an anonymous source.
Posted by admin | Under money, online, opinions, people, top news
Saturday Dec 12, 2009
After several weeks of reflection, the verdict has finally fallen on the new method of fixing gas prices. The Ministry of Economy, which was to maneuver, just send the document to refer to the Regulatory Commission of Energy (CRE), for entry under the next year, after the publication of a decree .
The government, which ruled until then every three months on possible changes in gas prices, trying to remove a little of the game, at least in appearance. It will no longer once per year, one component of overall framing of the price curve of the molecule. This scheme seeks to prevent the State to meet in full psychodrama whenever Bercy opts for a rise in gas prices.
So now the company, GDF Suez, which will seize the regulator for a rate increase.Which regulator, after watching whether the incumbent's request is consistent with the pricing formula, make a binding opinion. Until now, the opinion of the CRE in the record setting gas prices was only advisory. In the new scheme, the Commission will therefore pose a greater weight.
However, uncertainties remain. In particular, what happens if gas prices are indexed on oil prices should fall? In the reference document, it is not called GDF Suez to decide in what direction. Similarly, it does not ask the regulator to pressure the company to obtain a reduction in charges.
"Let's just common sense: since oil prices are public, they bend permanently, GDF Suez will be forced to seek lower fares.Or the group will draw the wrath of both consumers and government, "says an industry expert.
Psychodrama
So much for the new scheme, at least in theory, developed by the government with the approval of other partners, beginning with GDF Suez. It remains now to see how it will apply in practice. It is hard, in fact, the government remain inactive in the face several repeated hikes in gas prices. Especially during elections, where the energy bill is regularly found in the heart of debates.
In short, despite government efforts, it is feared that this new device does not put an end to psychodramas on gas prices.
Posted by admin | Under economic, economy, opinions, people, top news
Tuesday Oct 27, 2009
A generally favorable findings. This emerges from the survey conducted jointly by the French Agency for the Safety of Health Products (AFSSAPS) and the Directorate General for Competition, Consumption and Fraud (DGCCRF) on cosmetic products for children under three years. The controls operated by the two agencies have focused on packages containing washing gel, lotion, cream or cleaning wipes, distributed in some pregnancies but also cosmetic products for children and marketed in the country. Specifically, between October 2008 and February 2009, Afssaps completed twenty inspections on 47 cosmetic products. During these inspections, 37 samples of products for analysis were performed.For its part, the DGCCRF investigated between December 2008 and March 2009: 32 products have been checked and 21 samples including 4 involving products from kits distributed in maternity wards have been made.
Some products "non-compliant"
First observation: cosmetics examined contain no substances prohibited by the regulations. For Afssaps and DGCCRF, "microbiological testing performed were all led to results showing a good microbiological quality of these products. In detail, regarding allergens, 31 samples 34 were found to conform. At the Conservatives on 37 samples, only one was found not to comply. Another study: labeling.For both organizations, labeling study proved "satisfactory" although on some products, the rules were not respected. Thus, eight products, the ingredient list was not intended (error of ingredients, not respected order of weight) or the expression of date of minimum durability was not consistent for four products.
Strengthen checks at European level
Finally, the survey, progress remains to be done regarding the quality of the safety assessment for human health. Of 47 products tested, no assessment has been found for three products sold by one company and 44 evaluations were considered "improved."Regarding the companies alerted on this point, Afssaps noted an improvement in the quality evaluation certificates, "but the progress can not be considered sufficient. The survey by the DGCCRF has resulted in an administrative policy measure (injunction) and four regulatory reminders. A decision on animal health has notably been taken against a company that did no assessment to the supervisory authorities.
The results of the audits will be presented to other countries in the European Union to draw their attention to the need to strengthen inspections of cosmetic products for children on the European market.
Posted by admin | Under economics, economy, features, special, top news
Tuesday Oct 20, 2009
Since the crash of flight AF 447, unease is evident among the drivers of the company that does not include the communication of their company and how has managed the replacement of pitot probe implicated in the crash of Flight Rio Paris.
Until last week, supervision of drivers, the so-called NTP managers (technical crews), had remained quiet on the subject and several of his leadership. But since Thursday afternoon, breaking seems consumed. Reportedly, a special meeting was held at the headquarters of the company among the 50 most senior executives of the company NTP and Pierre-Henri Gourgeon, CEO of Air France-KLM and Rovetto Gilbert, executive vice president flight operations, that is to say, the head of security at Air France.This meeting was intended precisely to flight safety in the company and the lessons learned from the disaster of flight AF 447. In the opinion of those present, this type of meeting is very rare for Air France and dictated by circumstances and difficulties experienced by the company.
According to our information, Pierre-Henri Gourgeon announced the organization of regular breakfasts with drivers to be aware of their concerns and demands. The boss of Air France has also confirmed that all probes pitot Airbus A320 would be replaced.
"We did not ask the moon"
However, disappointment was palpable among NTP managers present at the meeting which lasted all afternoon. This is the first time that many of them give up their duty of confidentiality to complain that nothing has been done since the disaster of flight AF 447."We have not been listened to, this explains a part in the meeting. Our drivers expect significant changes, particularly in terms of training. "All managers now speak with one voice to demand a thorough reform of flight safety," said another frame this Thursday. The management kicked into touch. "
But executives NTP ask more. They have demanded such an audit of the company in terms of safety that is led by executives of KLM and Delta, two airlines combined, and that they can have access to all levels of information within Air France -KLM."Our pilots are among the best in the world and yet we have more accidents than our competitors," says one part NTP. "Contacted by Le Figaro, the management of Air France said his side" does not comment on internal meetings "but notes that" the purpose of this meeting was just to put everything on the table following the crash of flight AF 447. The meeting did not at all hectic.
Strengthening the security of flights at Air France is a recurring theme in the company since June and the accident of flight AF 447. The pilots union of Air France (SPAF) and Alter, another organization of pilots, have cleverly captured the subject. They call and be put in place a "permanent monitoring unit" that can have access to air safety reports (ASR), reports written by the pilots after the incident.In their view, such a cell might be more reactive during the first incidents of Pitot probes and encourage their replacement without waiting for the accident flight AF 447.
"We did not ask the moon, but management does not want to hear," Arnoux said Gerard, president of SPAF. The union, which was received with Alter on the subject last October 2, has been opposing an end of inadmissibility. Both unions have written Monday Gourgeon to alert again on the subject. "This is a final notice," says Gerard Arnoux. Afterwards, we will have to file a notice of strike. "So far, neither the date nor the duration of a possible social movement have been discussed.
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Posted by admin | Under economy, features, money, technology, top news
Tuesday Oct 20, 2009
They are presented as "the cornerstone of the company, but feel" left out "after having invested limitless. A paradox highlighted by the study conducted by consulting firm HR Solutions Alter Ego, and Françoise Toulemonde, marketing consultant and prospective studies (1). "Isolated," "disoriented," in full midlife crisis "… The survey paints a finding black … More specifically, it reveals that the professional motivation of this population are similar to those of the famous generation Y, characterized by individualism and infidelity to the company.
For Quadras, succeed at work is above all a personal project: "always learning" for 45% of them reconcile their pro-life to 39%. In contrast, only 12% believe that success is linked to having significant responsibilities.
If the quadrants have high expectations of HR, over 80% believe that evolution will not pass through internal mobility, but from somewhere else.
For the firm Alter Ego Solutions, "companies have an interest in reconsidering these quadrants, if they do not want to see in smoke from their expertise or simply face an acute risk of demotivation.
The conclusions to be drawn? Companies should treat this "quiet generation", which is showing "signs of impatience."
The study concludes with Generation Y, concluding that this "puzzle recruiters" may be basically a "shell" and that individualism is perhaps generations. A revelation …
(1) Survey conducted between April 23 and 14 mail in 2009, among 1200 men aged executives.