At The Core
World News
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.
Total: 500,000 tons of oil blocked
Employees of the Total refinery at Dunkirk, under threat of closure, blocked Friday tanks containing 500,000 tons of crude oil, by removing the pumping mechanisms, three days of a meeting to decide their future.
"We want to refine. We do not want this (oil) crude go away from here, "said Philippe Wullens, Steward South (majority site), evoking a" war chest ". He said Total has made a profit of 200 million euros from the time of purchase of this oil in the fall and today, due to the increase in prices. The employees also say they have learned that the management of Total planned to ensure that oil can be loaded on ships to other refineries."This oil should not leave the tank so that things do not stop," he said, estimating that 400 million euros worth of stock.
Several dozen employees from the site of Flanders, in the case since September, traveled Friday to dawn on the storage area of crude oil located at Gravelines, and disassembled electronic components essential to the operation of pumps used to extract the contents of the tanks. Some components will be given to state services, another in the region and a third in the urban community of Dunkirk, knowing that all equipment is necessary to restart the pumps, said Marcel Croquefer, secretary of the cluster Chemistry CGT Dunkirk payday advance lender .
A radicalization of the movement evoked
Employees are then symbolically held a lock port of Dunkirk.They wanted to question management port, 18% of turnover depends on the refinery. "This refinery can and must restart now", even if a mutation of the site must be decided for the future, said Croquefer, suggesting a possible "radicalization" of the movement.
If farmers spread manure or milk to express their discontent, "in the refinery there are petroleum products," he warned.
Proposals for the future of the Flanders refinery, which employs 380 employees and 400 people from sub-contractors, should be announced Monday at a central works council (CEC). Employees are expected to travel to many in La Défense on Monday to be heard.
The threat of closure had resulted in late February several days of strikes in all French refineries group.Unions had set an end after the guarantees provided by Total on the future of refining activity in France. Since then, employees of Dunkirk only continue their strike began January 12.
Peugeot launches its solution "mobility map"
Mu, you know? Not yet? It will soon be difficult to avoid if you live in Paris. Peugeot is launching an extensive marketing campaign for its new "mobility service". Display urban subway trains in the colors of Mu, nothing will be spared.
But Mu is what? A rental vehicle launched by Peugeot, which allows users to rent, according to his needs, a bicycle, electric assisted bicycle, a scooter, a car and, once it is released, the Ion, the electric car from Peugeot. The principle is simple. Simply create an account on the Internet (www.mu.peugeot.fr) and purchase of units (20 cents one). Once Mu credited his account, you can book the vehicle of choice, always on the Web, or on terminals now installed at dealerships Parisian brand, but also those of Brest, Rennes, Nantes and Lyon.
Renting a bike with electric assistance will cost 45 units the day (9 euro), a scooter 125 cm3, 39 euros. If you need a family sedan, a 407 to go on weekends, this will be charged 215 euros (per 500 kilometers). A rate comparable or slightly superior to those displayed by the traditional rental. But the benefit formula Peugeot, you choose your model: you book a 407, not a Category C, with its share of mystery about the type of vehicle in which you are flying again.
With Mu, you can also rent the accessories you need: for example, a GPS (10 euros per day) a bicycle rack (20 euros) or 80 euros a week, a roof box.Baby seat, bike helmet and bike, and snow chains are also available in dealerships.
Peugeot hopes to win in Paris 1600 by June, with a formula clearly inspired by the car sharing and Vélib'et whose chief advantage and be no subscription fee. Disadvantage in terms of "mesh" of the territory (one of the arguments of marketing for the brand), yet there are only four concessions in Paris and that of Defense. However, Peugeot Scooter will soon offer their services. What a true "local network".
Proglio combining work and retirement
Proglio The file is still not closed. The CEO of EDF, Henri Proglio, should combine their boss salary (1.6 million euros, Ed) and a retreat from Veolia. Since March 2009, this operation is legal, no limits from more straitjacket overlapping-retirement employment.
According to Le Parisien, retirement Veolia would exceed 1 million. It would consist of retired Safely Agirc-Arrco of around 90,000 euros per year, and three retreats "houses" retaite a defined contribution pension and two hats.
These four elements can not exceed 50% of average earnings the last three years, the total amount of this pension would be between 1 million and 1.15 million, according to the daily instant payday loan .According to an actuary AG2R La Mondiale, the largest pension hat could reach 700,000 euros.
Not being an agent EDF, Henri Proglio not collect retirement hat at EDF.
Quoted in Le Parisien, Stéphane Fouks, director of Euro RSCG, responsible image of the boss of EDF, said "until now Henri Proglio had no euro.
Forecast growth in 2010 doubled in France
The government will almost "double" its growth forecast for 2010 up to now set at 0.75%, said Prime Minister Francois Fillon on Thursday. This revision of economic forecasts will rise to the occasion of the supplementary budget, said the Premier.
"In the beginning of this year's event takes off. I am announcing that we will revise upwards our growth rate during the presentation of the budget law on investment for the future, next week, "said Francois Fillon. "I think we will not be far from doubling our last official forecast, which was 0.75%. The government is coming close to economists' forecasts.Deutsche Bank expects growth of 1.5% in France this year.
"Keep strict state spending"
The Prime Minister also made a sign towards the financial community. He promised that he would present "in the coming weeks our overall strategy of leaving the zone of excessive deficit by 2013, indicating the conference organized deficit late January.
"We will continue to take strict state spending: already in 2009, these costs will ultimately be slightly below the ceiling which had been voted by Parliament," he argues."For 2010 we have also decided that the interest burden of the investment program (large loan) will be offset by an equivalent reduction in state spending."
The rating agencies have repeatedly warned Paris that he must submit a strategy of rapid reversal of deficits and debt.
The Economy Minister Christine Lagarde announced late December that France knew "a slight recovery" and that growth in the fourth quarter 2009 is expected to be slightly above the 0.3% recorded in the third.
"See also: Debt: France, no better than Spain
"Stiglitz:" The deficits are not a problem "
"2009 and 2010, years deficit
Thales launches a broad economic plan
Thales wants to become more efficient. In a statement released Friday, the electronics group announced a savings plan that should result in a productivity gain of 1.3 billion euros over 5 years. In exchange, the news was very well received by investors. The title jumped 4.6% to 34.36 euros.
This plan consists of three parts. The first is a reduction in costs of non-quality and improved customer satisfaction. The second provides for more effective processes for engineering, industrial and procurement, while increasing the efficiency of information systems. The last aims to reduce operating costs. The statement does not indicate any reduction in workforce.
Organizational change and leadership
The organization of the group will be structured around three main areas and 7 divisions in charge instead of 6, worldwide.Management will also be affected by the changes since it provided a renewal of the team. For now, the group does not specify which leaders are concerned. According to Voices, this would be Olivier Houssin (responsible for division services and security), Quentin (aeronautics), Marc Darmon (naval) and Richard Deakin (Air Systems).
Thales has this plan to improve profitability, affected by the crisis in air traffic, the budget constraints of state and the weak dollar against the euro. In November, the group reported a stable turnover in nine months. In the first half, operating margin was 1.2% emerged as against 6.6% a year earlier at the same time.
Oenobiol much valued
Marie Béjot, founder of beauty products. Photo credits: Le Figaro
The trend has "stalled" on weekends, but confidence remains
Laskine Roland, editor of the Journal of Finance
Stress: France Telecom questioning all employees
Monday morning, days after a 25th suicide France Telecom, the group's 102,000 employees will receive a questionnaire of 170 questions – including lefigaro.fr became aware – on stress and working conditions. Objective: let them speak to employees and move very quickly to build a "new" France Telecom.
It took a dozen meetings with the leadership of France Telecom, unions in occupational medicine and Technologia, a firm specializing in assessing and preventing occupational hazards and environment to develop a questionnaire to address employees.
It begins with a fifty general questions – based on the Karasek questionnaire, named the North American sociologist and model of the Swiss sociologist Siegrist, -, the workload for recognition through the meaning of work and autonomy.
Followed 120 questions tailored specifically to the "case" France Telecom: a group comprising two-thirds of civil servants – bound by a duty of obedience – and a huge variety of trades.
Measuring the impact of the change in status
Entering the heart of the matter with issues related to the "functional and geographical mobility": the number of position changes in five years? Were they desired? Have they led to removal?
The item "managerial relationship" addresses the issue of decision making: the manager decides he alone? Employees feel that it is responsible itself constrained in its decisions? Finally, is it "too hard on itself towards its employees?".
The category "environmental France Telecom and business communication" will surely highlight the gap between the concerns of telecom operators, international group and that of its employees every day. Are they interested in the place of the group and its evolution in the telecommunication environment, the questionnaire asks? Are they proud to belong to the group?
On the working atmosphere and hardship, and health issues in general, the questionnaire seeks to measure the impact of the change in status of the group: how the work environment, employee health and frequency of work stoppages Have they changed in five years? Recall that it was in September 2004 that the French state has ceded some of its shares to go below the 50%, while France Telecom became a private company.
Following an update on the violence and intimidation, the last part deals with the psychological situation of employees by asking them about the recent past to assess their emotional state they feel "hopeless, thinking of the future, weep-t – it easily, they have memory lapses, fears, fears …
Looking for an answer and Organizational Collective
And after? Technologia The cabinet will present the results of the survey the week of November 30. Note that this questionnaire is only part of the mission conducted by the firm at France Telecom.Technologia, October 19 chosen by unions – on a proposal from the management who had also retained the firm and Stimulus Secafi Alpha – will also this week of November 30 began its audit on the basis of studies in France Telecom (studies requested by the CHSCT, reports of physician work and findings of the branch). On the medical side, the firm will propose an analysis of "suicidal crisis" with a 1st report year-end and a second in February. Finally, are also provided interviews face-to-face with a representative sample of one hundred employees.
The Prevention Plan France Telecom should be completed for April 15. The goal is to provide organizational and collective response, and certainly not an individual response and psychological.Technologia Renault already founded 20 years ago by Jean-Claude Delgenes Technologia was called for the first time on a mission related to suicide a decade ago at Alstom. Prior to France Telecom, Renault is that the firm has recently worked. He conducted a similar approach to the Technocentre automotive group based in Guyancourt near Paris, from May to late 2008, after three suicide. The questionnaire was then raised to 63% of responses on these 12 000 employees. Technologia was then prepared 50 proposals (of HR closer to the ground, an organization of rangeland management review). Before summer, the group has again called on him to lead a new investigation. 77% of employees responded.