Wall Street is moving upward

As expected, the increase in U.S. indices is very shy. Investors are always in effect evidence of caution before the publication of several major macroeconomic indicators. In early trading, the Dow Jones and Nasdaq 100 advanced 0.04% to 10,572 points and 0.01% at 2340 points. Tuesday after a turbulent session, the U.S. stock markets finished slightly higher, the Nasdaq has shackled its tenth session in the green.

Almost an hour after the opening exchanges moving despite the absence of news on the rise, with respective increases of 0.22%, 0.65% and 0.49%. Financial stocks feed this trend.

The next U.S. statistics are expected Wednesday, with the traditional weekly report on unemployment, wholesale inventories in January and after closing the federal budget in February.Weekly Market in the United States, will then be placed under the sign consumer with the publication tomorrow of the sales details for the month of February and the preliminary estimate of consumer confidence.

Oil finished down slightly on Tuesday on the New York market, falling from a high of eight weeks, the April contract closed down 0.5%, to 81.49 dollars, penalized by a stronger currency U.S..

AIG rise another 12%

On the side of values, the insurance giant AIG, which forced march to advance its restructuring was awarded 13% Saturday and climbed again this Wednesday, from 12.57% to 36.89 dollars. Traders welcomed the efforts made by the insurance company to reimburse the state aid, a shareholder at 80%. The group conducted a series of steep cuts to enable it to garner around 25 billion dollars.

Citigroup allows itself for its 4.19% to 3.98 dollars after yesterday awarded more than 7.5%. The state could sell shares in the bank.

United Airlines has announced a growth of 18% of its turnover in passenger transport on February. The president said the group observed clear signs of renewed activity. Note, however, the snowstorms have affected the company announced a loss of 40 million due to the cancellation of hundreds of flights. The securities are 3.69% on Wednesday to 18.83 dollars.

Facet Biotech Corp. has accepted the takeover offer made by Abbott Laboratories, priced at $ 27 per title, a cash offer totaling $ 450 million. Direct impact on the stock market: Facet Biotech Corp. explodes from 66.19% to 26.94 dollars.Abbott remains in equilibrium.

Cisco on Tuesday claimed a major milestone in the conquest of Internet connections at very high rates, presenting a new router overkill.

"The iPad will boost not only the share price"

Lefigaro.fr / jdf.com – From a financial standpoint, that is the Apple iPad?

Virginia Laz – First, it reinforces the paradigm shift from Apple: the group has grown from a niche policy to a policy of mass with the iPhone. Hence the $ 50 billion in sales, on an annualized basis, which surprised Steve Jobs himself! Then, the results of the first quarter of 2009-2010 show that volume sales of the iPod falling, while sales of computers do not know the same growth as the Iphone. So the iPad is a growth driver for both products. This is not a revolutionary product range. Both the iPod and the iPhone were new engines of growth, as the iPad is a substitute.

What is the point for Apple to launch in early 2010?

We must understand that growth does not draw more American market.This is ripe, people have their Mac, their iPhone, iPod. It should now launch a product to boost envy. Another important element: the Amazon Kindle. It works quite well. The iPad is a way for Apple to remain competitive in this segment because there will be needs in this market. The electronic book will become a reality. More newspapers seek a digital business model. Apple has chosen to launch this iPad, which is actually an iPod Touch with an extra dimension.

Why the interest in exchange for Apple has been moderate on Wall Street yesterday, winning the title by 0.94% closing, when the Nasdaq advanced 0.8%?

The title is up, so this is not a launch failure. However, investors have realized that this was only a growth driver and not a revolution for the brand, so the courses will not explode in the coming days.We can expect a nice way of stabilizing the stock market.

Apple can expect a big performance on images?

The tablet will be sold until March. It is unclear whether it will sell well. I can hardly see the genius in there, I am doubtful. But there is an interesting position on the huge market for netbooks. And people are "wired", which have their iPhone, will be interested because they are accustomed to handling. Moreover, since Apple entered the market for mass consumption, he chose the right price ($ 499) is relatively low. So it can play. The only obstacle is the performance of the iPad: it only handles one application at a time. Those looking for a netbook will be disappointed because the iPad actually a super basic netbook.But ultimately, it can encrypt so interesting for Apple.

What are the prospects of the group including this new product?

I think the iPad would boost figures for Apple later this year. But in parallel, slowing iPod will continue, netbooks will be cannibalized by the iPhone and iPad will falter, as it will be impossible to rebuild a 100% growth in this product, because of market saturation . So we can expect growth, but that is not very important.

Can we expect more launches of this type?

Apple's interest to do so. But according to Steve Jobs himself, is his most impressive. Many say it is the latest innovation from Apple CEO.I also think that there will be improvements on the products but not to launch new concepts in the short term.

ALSO READ:

"Apple unveils iPad, the touch pad

The cold and snow and disrupt the distribution industry

The snow and ice blocking roads and large parts of the French economy. Shipments delayed at stores, industrial production lagged, frozen agricultural products, sites blocked, no area is immune. The lack of salt in some areas may aggravate the situation.

• Transport

"We sold out of salt in Britain. We need between 4,000 and 5,000 tonnes, said yesterday morning the prefecture of Côtes-d'Armor. A freighter was delivered yesterday 400 hundred tons of salt in Saint-Malo. The motorway companies claim to have sufficient stocks of salt, but are not certain of being able to deliver.

The trucks – including those transporting salt – should get up to three prefectural authorities to travel in snowy areas. From his side, Eurostar has restricted the movement of Saturday's train.The main airports remained open, but traffic remains disrupted, with delays and cancellations.

• Agriculture

Agriculture is doubly affected by the weather. The cold wave disrupts production. Leeks, caught in the frozen ground, are difficult to uproot, salads, even in greenhouses, are unusable. Small consolation for the vegetable: the prices of fruits and vegetables are on the upside.

Dairy producers are also victims of bad weather, the milk collection is rendered impossible, especially in Britain. The roads are blocked by snowdrifts. Producers are forced to dump their milk.

• Building

"When temperatures are near zero, it is virtually impossible to sink a concrete" classic ", says one expert.Traditionally, sites are interrupted when temperatures become negative.

This data is taken into account when setting schedules. But this year, the duration of the episode is likely to exceed estimates.

• Distribution

Deliveries are not guaranteed, especially in Britain. For the moment, no shortage is feared, but supply problems are starting to be felt in the spokes.

Fortunately consumers are reluctant to run the stores, despite sales. Declining attendance reaches 60% depending on the charge of a Carrefour in the Toulouse region.

In contrast, the Printemps Haussmann in Paris, he sold a jacket every 7 seconds!

• Industry

Plants PSA Peugeot Citroën, Sochaux and Mulhouse have stopped production Friday night to Saturday because it was delivered in pieces. Trucks suppliers could not move. This represents a lost production of about 2,000 cars.

ALSO READ

The energy breaks all records

U.S. exchanges to depart downward

Global stock markets agree on Thursday. First this morning, the Asian financial centers were closed, one after the other in red. In Europe, the indices are not better. And the United States, the futures are pointing down also. At the opening, the Dow Jones future cowardly 0.3% as 10,500 points, the future S & P 500 yielded 0.14% at 1135 points and the Nasdaq 0.12% to 2298 points. Yesterday, Wall Street has ended the session on an uncertain note, amid job losses more than expected in December by ADP.

Today, official figures published in Washington state that new entries in unemployment in the United States rose slightly during the week ended January 2 with the deposit of 434,000 benefit claims.This is much less than expected.

The Central Bank of England left rates unchanged.

According to Wendy Liu, an analyst at Royal Bank of Scotland, several indicators suggest that China may soon raise interest rates.

Distributors for

As in Europe, the distribution sector makes news in the United States.

As for values to be followed across the Atlantic on Thursday, Macy's (1.58% to 17.37 dollars) has announced an increase of 1% of store sales and raised its forecast results for the fourth quarter to earnings per share between $ 1.14 and $ 1.18, against 1 to $ 1.05 previously. The action takes more than 3% in pre-open trading.

Always among distributors, but in textiles, Gap (0.48% to 21.14 dollars), he, reported sales up 2% in December.Costco Wholesale (0.23% to 60.14%) has published an increase of its activity around 9% on the month of festivities.

Bank Of America Merrill Lynch (1.46% to 16.63 dollars) has been "upgraded" by Credit Suisse to "outperform", while the aluminum producer Alcoa (-2.36% to 16.57 dollars) saw its recommendation degraded at Citi.

The Paris Bourse marked time

The 4,000 points away gradually. The CAC 40 in mid-session, is down 0.71% to 3932 points in a volume of exchanges low of 443 million euros. Other major European markets also receding, with a decrease of 0.5% in London and 0.9% in Frankfurt. As for the European indices, the Euro STOXX 50 yields 0.8%.

After recording several records in closing on the year, the Paris market shows signs of slowing, affected by the slight decline on Wall Street Tuesday night, but especially by the lack of which can give him momentum. The public debt of France has reached a record $ 1457.4 billion at the end of 3rd quarter (29.4 billion compared to end June), or 75.8% of GDP in France.The number of building permits for new buildings has fallen by nearly 18% in one year.

Apart from the index which measures economic activity in the Chicago area, at 14.45 GMT, no statistics would be published before the end of the year.

The euro is almost stable against the dollar (-0.08% to 1.4334 dollars). Gold recorded a second session in a row downward (-0.49% to 1091 dollars per ounce).

The defensive stand out

In France, most CAC 40 values are in red, with the exception of securities considered to be very defensive, like Carrefour (+0.94% at 33.82 euros) and Pernod Ricard (+0.48% at 60 , 28 euros).

The title of Unibail-Rodamco, Europe's leading commercial real estate, was leading the CAC 40 (+1.27% to 151.20 euros).

Conversely, ArcelorMittal (-1.83% to 31.96 euros), biggest drop in the CAC 40, suffered profit-taking.

The cement manufacturer Lafarge lost 0.62% to 57.79 euros.Its Director General, Jean Desazars of Montgailhard, quoted in the Financial Times says the group does not yet feel the effects of rising construction expenditures of U.S. and European governments.

Areva (-0.57%) announced it has signed with Fresno Energy Group, a letter of intent for the construction of one or two EPR nuclear reactors in California.

GDF Suez (-0.38% to 30.10 euros) announces tie at Stord in Norway, a platform for oil and gas field Gjoa in the North Sea, during a complex operation for on behalf of the operator Statoil. The energy group has formalized the signing of the public service contract with the State covering the period 2010-2013.

The offensive line banks

The online banks have attempted an initial foray into the French countryside in the early 2000s with mixed success. Since time has passed, the French are equipped with computers and Internet connections to broadband and have learned to trust online transactions. The market is ripe and actors who want to participate in this new "cake" does not fail.

Click on image to enlarge.

Air France-KLM and Delta Airlines eyeing Japan Airlines (JAL)

The maneuvers began in the Japanese skies for control of Japan Airlines (JAL). Friday, CEO of Delta Airlines has announced that the SkyTeam alliance, which it is party (including Air France-KLM), was prepared to increase its offer of one billion dollars (670 million euros), released Wednesday at JAL to ensure that the competing Oneworld alliance. These bids were preceded by a discrete and intense lobbying effort.

Anne-Marie Idrac, Secretary of State for Foreign Trade, and the CEO of Air France-KLM, Jean-Cyril Spinetta, and have met the Minister of Transport of Japan, Seiji Maehara, early November, in Tokyo, in a given secret. The plan includes an investment of 500 million dollars of SkyTeam, 300 million guaranteed revenue from Delta and 200 million of funding also Delta.It follows the announcement last week by American Airlines, a partner in JAL Oneworld, a possible alliance with the investment fund TPG to invest 100 billion yen in the company.

In almost bankrupt

JAL, the dire financial situation aroused the envy of all foreign terror of the Japanese, but they do not yet agree. Foreign carriers wishing to seize the "slots held by JAL in Japan (60% domestic) and the rest of Asia. Implicitly, we imagine the ongoing discussions between the Japanese and U.S. governments for open sky agreements expected next year. "An open skies agreement in which the airways are traded either state to state but from airport to airport always gives a boost to traffic between its participants.It could make the Tokyo hub between the U.S. and Asia that has never been, "said a representative of a European airline in Japan. But the Japanese government remains reluctant to involve a foreign takeover of a national treasure.

An actor negotiations carried away: "Tokyo does not study the offers of foreign companies. They still think they will pull all alone! "JAL is the subject of trench warfare between the Finance Ministry, which maintains the company under infusion of public money, the Transport and that of the Industry. The parties have differing views on this issue, plus those of the pilots' unions (the company counts seven), who are asked to sacrifice pensions of their members.JAL The record was finally entrusted to a public body, the Etic, which has a staggering 1 600 billion yen (12 billion euros) to finance. It must make yet another audit of the company in January. During the fiscal quarter from July to September, JAL was losing 355 million yen per day.

"Japan Airlines seeks fresh money

The airline JAL in turmoil

PSA Peugeot-Citroen at materials green

The car pollutes. As we know, but it is not inevitable. To reduce the "ecological footprint" of cars on the environment, manufacturers focus on two main areas of work. On the one hand, improved engine performance, consume less, on the other hand, the use of organic materials or recycled.

The main challenge today comes from the use of plastics which represent about 20% of the mass of a car. However, plastics are petroleum derivatives. Their price depends on the black and gold resource is not inexhaustible. To address these two concerns, both solutions are preferred: the use of recycled plastics and development of biomaterials. Teams of PSA guide us in three workshops to find solutions.

1.Natural fibers

Natural fibers used in combination with plastic for automotive parts.

Wall Street is misguided

The Dow Jones fell by 0.93% to 9969 points and the Nasdaq Composite yield 1.31% 2144. One of the economic advisers of President Barack Obama, Larry Summers, said on CNBC television, there was no question of limiting the salaries of executives of U.S. companies."What we need are rules on the form and structure of pay so that regulators" can ensure that some do not take unnecessary risks.

On the macroeconomic front, the index of U.S. consumer confidence measured by the University of Michigan has declined against all odds in October to $ 69.4 against 73.5 the previous month, according to provisional figures published friday.

The values to follow

In a statement, Bank of America (-4.20%) announced a net loss of $ 1 billion in the third quarter, mainly due to asset impairments totaling $ 2.6 billion. Moreover, under pressure from the Treasury, Kenneth Lewis, CEO of Bank Bank of America, has waived his salary and his bonus for 2009, before his retirement.A Treasury official, to oversee the compensation of companies that benefited from government aid, had in effect "suggested that Lewis did not receive remuneration for 2009.

Google (3.46%) presented Thursday profit rose 27% to 1.638 billion dollars (1.097 billion), or earnings per share of 5.89 dollars, against the expected $ 5.42 per analysts. The turnover to 5.944 billion dollars is also above market expectations which projected 4.24 billion dollars. The group says the worst of the recession is over. He said now "ready to invest."

IBM (-4.59%) posted a net profit of 3.214 billion dollars in the third quarter up 14% over one year.Per share, earnings from IBM reaches $ 2.40, while the market was expecting $ 2.38.

The conglomerate General Electric (-3.22%) reported Friday quarterly earnings sharply lower but still above analysts' expectations. Net income fell 44% to 2.419 billion dollars (1.62 billion euros), or earnings per share of 27 cents against 20 cents expected by consensus.

Mattel (-3.22%) reflecting a drop in earnings in the third quarter from 3.5% to 229.8 million dollars, in line with expectations. Net earnings per share were 63 cents.

The second largest producer of AMD microprocessors (-5.49%) posted a net loss of $ 128 million for the period July to September.