At The Core
World News
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%).
- Profit taking in the Paris Bourse
- Bollor? shows a strong increase in its net profit in 2009
- Wall Street is misguided
- Banks have again supported the Paris stock exchange
- Schneider is growing again