Wall Street limits losses

U.S. stock markets have taken the path of lower end of the session after some hesitation on the way to go Wednesday. The Dow Jones finally folds of 0.23% at 10,833 points, the Standard & Poor's 500 by 0.26% to 1145 points and the Nasdaq 100 0.13% to 2377 points. After spending the day near the equilibrium point, the indices of the Wall Street nose dive in the last hour of trade.

"The month of September is very good so far," observed Art Hogan of Jefferies. "We now have important catalysts to continue to rise.We had none today (Wednesday), and some sources of concern, it is understandable that we take stock of the value of shares and take out money from the table " .

Tuesday, after long hesitation which direction to take, the U.S. stock market finally closed higher.

On the foreign exchange market, the euro climbed further against the dollar. One euro is trading over $ 1.36 cons. The greenback continues to suffer from renewed speculation of further monetary easing in the U.S. after a new series of disappointing indicators.

On the macroeconomic front, the U.S., investors have followed including the number of weekly inventory of crude oil, which reflected a decrease of 475,000 barrels on al week ended Sept. 24, against 300,000 expected by analysts.

A redemption for Endo Pharmaceuticals

The side of values, the news of mergers and acquisitions is provided. Endo Pharmaceuticals (-1.51% to 32.6 dollars) announced it would buy Qualitest Pharmaceutial, unlisted, for about $ 1.2 billion.

For its part Apple (+0.18% to 287.37 dollars) should respond to new rumors of departure from the group's number two Hewlett-Packard.

Always on the side of values, Sanofi-Aventis (-0.39% to 33.6 dollars) could increase its takeover offer for the American Genzyme 1 to $ 2 next week, according to Bloomberg. Currently the French group offers $ 69 per share Genzyme. The Financial Times suggests in turn a possible resignation of the head of the U.S. biotech by next summer.The latter said that his group would discuss with no white knight.

On its side Caterpillar (+0.35% to 79.95 dollars) has announced the construction of a new assembly plant in China. It will produce small gear hydraulic excavation, from 2012 to the Chinese market.

Also note, Toy's "R" Us has announced anticipate hiring additional staff of 45,000 by the end of the year with a doubling of its workforce in the United States. This announcement highlights a group optimistic on sales year-end.

Procter & Gamble is interested in Nivea. The rumors are back. Nivea is "a fantastic brand," says the boss of U.S. giant Procter & Gamble (-0.63% to 60.24 dollars), Robert McDonald.

Prudente, the Paris Bourse makes a small step forward

Shy up to the Paris Bourse. On Monday, the CAC 40 advances from 0.25% to 3788.45 points. He continues the momentum of Friday, a day on which he had jumped nearly 2%.

Uncertain atmosphere even on other European markets: the DAX index of the Frankfurt Stock Exchange ahead of 0.17% to 6309.12 points, while London's FTSE-100 slips 0.04% at 5596.50 points.

Investors have driven the trend in Asian markets this morning talking about who are all in positive territory, and remain on the good impression left by Wall Street Friday. The New York Stock Exchange closed sharply higher (1.86%) despite disappointing macroeconomic indicators.

Monday's meeting promises to be just very quiet due to a lack of publication of indicators.The highlights of macroeconomic news is expected for the rest of the week including the index of consumer confidence and U.S. investors (Tuesday), the index of business climate in the euro area (Wednesday), the final estimate of second quarter U.S. GDP and weekly jobless claims (Thursday) and finally the rate of unemployment in the euro area and the ISM manufacturing index in the U.S. (Friday).

As for currencies on Monday morning, the euro declined modestly from 0.09% in morning trading at 1.3466 dollar.

Latecoere flies

As for values, the action of the aerospace supplier Latecoere jumped 19.13% to 7.41 euros after an article in Le Figaro reports of an interest group Aerosys Spirit.

The two French energy giants EDF (+0.33% at 31.80 euros) and Areva (1.48% to 325.90 euros) shall establish a strategic partnership.Following meetings between Henry and Anne Lauvergeon Proglio, six working groups were formed. The government wants the broad outlines of this partnership should be determined before the end of the year free business cards.

Sanofi-Aventis (-0.69% to 50.28 euros), which could possibly raise its takeover offer for Genzyme, currently $ 18.5 billion according to the Wall Street Journal. In this context, the French laboratory had made contact with Citigroup and Bank of America. Sanofi-Aventis has already said he provided financing for the transaction with JP Morgan Chase, BNP Paribas and Societe Generale. The securities are among the few drops in early trading, alongside Carrefour (-1.83%) and Veolia Environment (-0.75%).

Soitec (6.41% to 7.4 euros, the biggest increase SBF 120) confirmed in a statement on Monday its predictions for the second quarter.The group anticipates a consolidated turnover "virtually flat" at constant exchange rates and a decrease of 2% of total sales. Soitec confirms a sequential increase in sales of around 20% in the first half 2010-201.

Eurocopter, a subsidiary of EADS (-0.31% to 19.19 euros) is expected to unveil today a new high-speed device known by the codename X3.

In a "carrier tend sustainably," Naturex (1.98% to 39.40 euros) raised its financial targets for fiscal 2010.The group aims to grow its sales by 10% to 15% at constant exchange rates against a rise of between 5% and 10% previously.

The Society of sea bathing (-0.02% to 48.99 euros) will not pay a dividend for its 2009-2010 fiscal year due to slower tourism activities and games.

Sopra GMT announced in a statement Sunday that it had strengthened its presence in Sopra Group (4.65% to 55.78 euros), bringing to 34.6% control of the founders and leaders.

Note that the bank evolve in a disorganized at the beginning of the week. Societe Generale advance of 0.27% and BNP Paribas 0.69%), but Credit Agricole was down 1.14%.

Social housing overseas spared

The final arbitration on the draft budget of 2011 were made Friday night at a meeting between Nicolas Sarkozy, François Fillon and Christine Lagarde Baroin. Reportedly, it was decided a spatial plane for overseas, the niche tax incentives for investment in social housing in the Dom to escape. The rate reduction offered by this device will remain at 50% in 2011. But this is the exception. Other tools of tax exemption through overseas, whether for productive investment or rental investment, will, themselves, planed by 10%. Thus the reduction rate of productive investment (purchase of equipment leased then to overseas companies) from 50% to 45%.

Moreover, the government finally opted for the abolition of the tax advantage of the newlyweds, divorced and PACS.For households, the tax increase caused by the planing niches will shield off, just as the recovery rate to 41% of the final installment of income tax and higher levies on savings.

ALSO READ:

"What will change with the 2011 budget

"INTERVIEW – Christine Lagarde unveils 2011 budget

"The real estate and overseas concerned with the Plane

Mobile: more flexible rules for packages

Change plans, or unlock the phone without a subscription commitment will soon become a little less complicated. Thursday, Secretary of State for Trade, Hervé Novelli announced a new batch of "concrete steps" that should help consumers in their dealings with telcos. These commitments, implemented no later than 1 March 2011, four touch sensitive areas:

• The release of free phones as early as three months. When buying a mobile phone associated with a fee or a prepaid card, the handset is currently locked for six months on the network operator concerned. To unlock it before that date and insert a SIM card from a competitor, he must pay, usually around a hundred euros. Now, the operators' commitment to provide free unlocking mobile phones after three months. "An assessment of the impact of this measure will be made within one year after its implementation.

• More packages without obligation. In 2008, the Chatel Act has forced operators to offer deals with a commitment period of 12 months at a price that would not be unreasonable for each bid with a commitment period of 24 months. New pledges operators go further. They will all offer "at least one mobile offering no commitment to [their] customers," says the secretary of state. These subscriptions will receive a monthly payment, like any other package. But we can stop them at will.

• A termination at any time. Even if they are subject to a commitment period, subscribers can now cancel their package at any time by paying a portion of the subscription price they have left to honor.In terminating at nine months for a two-year subscription, it will pay to the twelfth month, three months full price, then a quarter of the sums due for the second year. With a flat rate of 50 euros per month, freedom can be found in this case for 300 euros. To estimate the amount still owed packages, tools will be posted on the websites of the operators.

• The limits of unlimited subscriptions. "No offer is completely unlimited," says the Secretary of State for Trade. "In particular, limitations in terms of mobile Internet, either for keys or 3G Internet access on mobile devices, are not sufficiently visible to consumers," he says.Advertisements touting subscriptions to the Internet or communications contain unlimited soon be further details on the limitations of the flow beyond a reasonable use, prohibition of certain services or restrict calls to only numbers metropolitan France.

The euro at its highest in five months

The Fed last night, reiterated his view of a recovery "moderate" in the United States and stressed his discomfort with the low inflation. Nothing too surprising, but the risks of deflation across the Atlantic and cast, echoed in the strategies of investors who have sold their dollars en masse. With consequent direct and mechanical, the rise of the euro against the greenback.

Since Tuesday evening, 20 hours, at which time the Fed issued his famous statement, the euro has climbed 200 pips in the jargon of the foreign exchange market. In other words, the euro rose from 1.31 to 1.33 dollars, a huge difference in so little time. The single currency is at its highest in five months.

Evolution of the euro against the dollar for five days (Jdf.com)

The airline even more optimistic for 2010

From one to three. In just three months, the International Air Transport Association (IATA), which represents 230 airlines companies accounting for 93% of global air traffic, has again revised its earnings forecast for the whole sector sharply higher. It announced on Tuesday in a statement that airlines worldwide have been reaping profits accumulated 8.9 billion dollars (6.8 billion euros) this year.

In June, IATA expects that the airline industry recorded a profit of 2.5 billion dollars, thanks to his efforts to "cost reduction and restructuring, but also to promote economic recovery. In March, it expected a loss of about 2.8 billion payday loans. With a loss of 9.4 billion, 2009 was the worst year the industry has experienced.

Prudence 2011

"The industry's recovery has been stronger and faster than expected," said IATA Director General Giovanni Bisignani, said in the statement. Air traffic is expected to soar 11% in 2010, while capacity aircraft would only increase by 7%. Hence a better return on companies, both on the transport of passengers on freight. The combined turnover of the global airline industry is expected to reach $ 560 billion, 15 billion more than announced in June

Giovanni Bisignani, IATA Director General. Photo credits: AFP

Strike ends Vente-privee.com

The movement has lasted three days. The striking employees of Sale-privee.com, the website specializes in stocking major brands and sales or events, have returned to work this late Monday afternoon on the site logistics Blanc-Mesnil (Seine-Saint Denis).

Forty people on the 120 people employed in the warehouse was on strike Thursday, said Jacques-Antoine Granjon, CEO and founder Sale-private payday loans direct lenders.com who visited the site Monday morning to negotiate. The strikers, mainly responsible for handling and picking the site, were supported by twenty colleagues from the warehouse of Mitry-Mory, Seine-et-Marne.

Jacques-Antoine Granjon, CEO and founder Sale-privee.com.

Mobile applications: the gold rush begins

"There is an application for that." The famous slogan of the App Store, the platform download applications from Apple, pretty much sums up the market. Of the approximately 400,000 micro-available software on different platform download, have found flashlights, GPS, games, newspapers and even a creator of ring tones or a repellent.

While 6.5 billion of applications have already been uploaded to the only Apple App Store, the market is just beginning. "It just begins to know that there's gold in there," said Drew Ianni, chairman of the conference which was held AppNation this week in San Francisco."We discovered the gold two years ago with Apple, and now is the rush!" He adds.

Huge potential for new users

The application concept is not new since the first day "organizers" Palm Pilot in the late 90s. But the use of dedicated software had remained confidential. In 2008, with the opening of the App Store from Apple, that their download has exploded.

And the potential for new users is still énorme.D according to a study by the Pew Research Center, 39% of American adults have applications on their mobile phones, but only 24% use. "In France, the growth potential is even more important," says Renaud Ménérat, president of the advertising agency UserADgents. Only 18% of the population owns a smartphone, so more than 80% of people simply do not have access to the market application. "In the U.S., a Nielsen study predicts that by 2011 the majority of phone owners will have smartphones.L increasing penetration of smart terminals in the population will enable application developers to reach many more increasingly important to users.

New areas to explore

The thousands of software already available do not prevent innovative opportunities to accompany a hearing more and more mobile. "In the professional field, applications are still weak, says Renaud Ménérat. Yet the issues related to mobility management are many, management of vehicle fleets of companies to access remote resources.

Another possible development: geolocation coupled with social networking applications that respond to three questions: Who am I? Where am I? And with that I want to share this information?

Finally, augmented reality, which can be superimposed on our environment virtual elements in real time through a series of video sensors (see an example video here), has not really caught on in applications for smartphones.

An advertising market to create

10% of digital hearing from smartphones, but only 1% of advertising on the Internet through these terminals. For Renaud Ménérat, this report will logically change. "On the Internet, advertising is stagnant, while on the mobile, there is growth in two or three digits," he relates.

Advertising helps to monetize the hearing of applications.Apple, for example, earns a percentage on sales of micro-computer software from the App Store. But in 75% of cases, the "application" is free, and Apple does not win anything. "Hence the idea of staging an advertising offer based on the sale of advertising space within free applications," said President userADgents.

We now understand the interest of manufacturers of smartphones for advertising agencies. By late 2009, Google, which makes the operating system Android, was offered the platform for mobile advertising AdMob. A few days later, Apple acquired since renamed Quattro Wireless IAD.

In full swing, the application market has only just started.A few months ago, Getjar, which wants the second platform sales sector, predicted on his blog that it would represent $ 17.5 billion (13.4 billion euros) by 2012.

The most profitable applications

The most profitable applications are not necessarily the most downloaded. This is where the price multiplied by the number of downloads is the highest. The applications related to the road cut the lion's share. This selection is based on data from the App Store France between 13 and 17 September.

1. Radar detectors

These applications combine geolocation and sharing community. The first sees a radar warns users that follow the same route. The most profitable in France are Icoyote (1.59 euro) and Avertinoo (4.99 EUR)

Two.GPS

GPS is cost-effective implementation of choice since it fully exploits the idea of mobility and includes two useful tools, phone and GPS. Mappy GPS (4.99 euros), TomTom (from 49-79 euros depending on geographical area) or Navigon Mobile Navigator (89.99 euros) are those most relevant to their developer and platform download that hosts.

3. Games

Run time is surely one of the main uses of the smartphone. The entertainment applications are consistently among the most profitable even if they are less expensive than radar detection applications or GPS. Leading the way it is Monkey Island 2 (0.79 euro) replica of a 90s video game, then Virtualcity (2.39 euros) when it comes to developing a virtual city, whys and finally (0, 79 euro), a set of questions and answers.

Japan intervenes in the foreign exchange market

The Japanese Finance Minister Yoshihiko Noda confirmed this morning's intervention on the Tokyo foreign exchange market to limit the soaring yen. This is the first time in six years that the Japanese authorities take such a decision. The Japanese currency beats record after record in recent days and this morning has reached its highest level in fifteen years, less than 83 yen per dollar.

The Japanese government is concerned that a too strong yen will trim the margins of exporters and weaken the confidence of the business. The subject is sensitive, was part of the attachment points between the Prime Minister Naoto Kan and Ichiro Ozawa, nominated to head the Democratic Party of Japan unsecured personal loans.The head of government, the winner was rather perceived as reluctant to any intervention.

After the government's action, supported by the Central Bank of Japan (BoJ), the dollar rose sharply, up to 85.07 yen at 4:29 GMT, then oscillating around 85 yen. He did not return to that level since September 3.

The finance minister did not say whether the decision was taken unilaterally or in collaboration with Japan's trading partners. Paradoxically, an exchange rate adjusted, taking into account inflation and deflation in the various countries shows that the yen is relatively more expensive today than in the 1990s.

Louis Vuitton stores close earlier to sell less

Louis Vuitton, a victim of its success? According to information published on the website of Challenges, brand group LVMH has decided to close its French stores an hour earlier from Monday and until Tuesday, November 30th to avoid a possible breach of stock before Christmas. Signs located in department stores would not be affected by this extraordinary measure. When questioned, LVMH refused to comment on the information.

The products most desired by customers are mainly accessories. In the category bag, the model "Speedy", including one bearing the Damier canvas, was also raided this summer, as evidenced by distraught fans on blogs and forums ("And I was thinking up this model for several weeks with the sweet dream of going on vacation with my checkered blue under the arms …").

According Challenges, workshops Vuitton would be at full capacity. In late July, LVMH confirmed the good health of its publishing group sales up 16% over the first six months of the year, coupled with a net profit of over one billion euros (+53%). If LVMH did not give details, analysts estimate that in turn led Louis Vuitton by Marc Jacobs would have recorded a jump of nearly 20% of its sales in the first half.

Recent advertising campaigns have contributed to this performance. Just before the World Cup, the mark had relied on three major figures in football, Zidane, Maradona and Pele, on his promotion.

A recent campaigns staged Bono and his wife for selling a bag ethics in favor of an NGO.