Greece borrowed a further 5 billion euros

After the presentation of new austerity measures, Greece has launched a new bond issue market of a maximum volume of 5 billion euros, according to ministerial sources and markets.

It's ten-year bonds that should elapse from Bloomberg at a higher rate of 310 basis points above the benchmark, the German Bund. Five banks have been authorized for this program: Barclays, HSBC, Nomura, National Bank of Greece (NBG), Bank of Piraeus, Greece according to the Agency debt.

"Demand is very strong and this operation will be heavily oversubscribed", announced in mid-morning Ciaran O'Hagan, strategist at Societe Generale."An hour after the launch of the operation, the subscription book (book) had already reached 11 billion euros and the obligation is dealt 35 cents above the final price."

This success contrasts with the alarmist investors in recent days. And because, as the strategist in Paris: "Greece is very cheap compared to its note." Athens has raised over 13 billion euros on the market since the beginning of the year, said Wansquare.

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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.

Proglio will upset the French nuclear

Henri Proglio has been elected head of EDF in order to make up the numbers. In an interview with the newspaper Les Echos published on Wednesday, the current boss of Veolia Environment is the message. Wishing neither more nor less EDF restore its historical role as leader of the French nuclear Henri Proglio calls into question the particular model implemented in the early 2000s with the creation of Areva, even before taking official functions to be held November 25.

"My ambition is to have a French nuclear industry works" says the outset this graduate of HEC. "This means rethinking the whole sector, particularly the roles of Areva and the CEA (the public pole of Nuclear Research)," he adds.

Henri Proglio has expressed disappointment and delays now being experienced in both projects Areva EPR (Finland) and EDF (at Flamanville).The same applies to the management of the bidding in Abu Dhabi for the construction of nuclear plants: the offer of the French consortium (composed of Areva, GDF Suez and Total) illustrate in his lack of consistency and efficiency of the French nuclear industry.

For an opening capital of Framatome

Having undertaken a review to say the least contrast of French nuclear Henri Proglio considering including the opening of the capital of Framatome, a subsidiary of Areva reactors and the role that EDF could take if this were to be conducted. "Sounds of having a Framatome strong, backed by other French and foreign," says he.Regarding the merger of Framatome and Cogema conducted in 2001 by Anne Lauvergeon to create Areva, the future boss of EDF is going to think it was "probably a mistake."

This vision of the French nuclear industry will probably not suit the current boss of Areva. Anne Lauvergeon has indeed developed a strategy to integrate activities of his group, which would be totally undermined by a detachment of its subsidiary Areva NP (formerly Framatome).

Among the dissatisfied, we may also find Gérard Mestrallet, CEO of GDF Suez, which might not enjoy the hegemonic intentions of EDF on the French nuclear. The two groups may well refer to Henri Proglio fundamentals, namely improving the rate of use of nuclear power plants at present very weak.The announcement yesterday by RTE EDF could not provide enough power in October they will no doubt arguments.

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The Paris Bourse revives higher

An hour before the close, the CAC 40 gained 1.4% to 3658 points. After a slow start, the markets have recovered and have stepped up their response to encouraging economic statistics across the Atlantic. CIT, specializes in financing SMEs U.S. said Sunday its investment under the protection of Chapter 11 of the Bankruptcy Act. With approximately $ 71 billion in assets, it is the fifth largest bankruptcy in history of the United States.

On the macroeconomic front, the increased activity of U.S. manufacturing accelerated more sharply than expected in October, the index of purchasing managers released Monday by the association ISM, which has established at 55.7% in October, against 52.6% in September.

Construction spending in the U.S. rose 0.8% in September, their largest increase since a year according to figures released Monday by the Commerce Department, while analysts expected a decline.

The values for the automobile

Peugeot (4.34%) grants itself the largest increase in the SRD, after the publication of the number of new car registrations in France in October. The PSA group saw its sales grow by 21.8% during the last month and 7.2% in ten months.Rival Renault ahead of 0.42%.

Faurecia (+1.51%) announced the acquisition of EMCON Technologies, an integrator of solutions for controlling emissions for passenger cars and Commercial Vehicles.

In contrast, Dexia has the highest drop in the CAC 40 (-2.85%). The European Commission gave its green light for an extension until the end of February 2010 government guarantees of Belgium, France and Luxembourg granted to Dexia.

The Public Utilities Commission of Maryland gave the green light to the joint venture of EDF (1.16%) Constellation Energy Group, under conditions including a payment of 110.5 million customers to the "utility "BGE by the end of March. Constellation Energy will invest 250 million dollars in BGP by late June

Sanofi-Aventis (0.32%) has asked a U.S. court to prevent Sandoz, a Novartis subsidiary to market a generic version of its anticancer Taxoter.

GDF Suez (0.88%) was prepared to see enter the Chinese sovereign fund China Investment Corp (CIC) to its capital.

Alstom (+1.67%) has won a contract for 450 million euros with Grosskraftwerk Mannheim AG for the provision of a new boiler and a new turbine for a coal plant in Germany.

Several publications of results, with mixed reactions

Unibail-Rodamco (-0.6%) announced a turnover of 1.198 billion euros for the first nine months of the year, up 4.4%.

The recurrent income of Gecina (2.72%) to nine months increased 25.8% to 277.4 million euros.

Altran Technologies (+3.5%) achieved a turnover of 327 million euros in Q3.

Pernod Ricard (-4.39%) expects a growth of rock between 1 and 3% for 2009-2010.

Belvedere (+0.03%) has published a turnover of 424.65 million euros in the first half of fiscal year (-26%).