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A Alelmand on two rather see Nicolas Sarkozy won the presidential election, a four qur Francois Hollande. Others do not care.
A German on two rather see Nicolas Sarkozy won the French presidential election and 55% of Germans support the policy of fiscal austerity Angela Merkel, according to a poll published Friday. According to the survey published in the German daily Die Welt, the German answer to 50% "Sarkozy" to the question: "What French President, the German perspective, would be the best choice?".
Of those polled, only 24% cite Francois Hollande. Other (26%) do not know or are not interested in the subject. When asked what they think the appropriate policy in this time of crisis for the euro: "maintain a policy of fiscal austerity or launch programs for growth," 55% of respondents advocate rigor advocated by Chancellor Angela Merkel . Only 33% say they prefer growth programs.
The survey was conducted among a representative sample of 1,004 people between April 30 and May 1.
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Bank of Japan announced Friday a further easing of monetary policy, pledging one hand to increase its program of asset purchases of 10,000 billion yen (94 billion euros) and secondly to acquire government bonds of longer maturities.
Despite signs of growing a resumed third largest economy, Japan's central bank and takes measures to support activity for the second time in just over two months and displays its determination to fight against the phenomenon of deflation beating down the country for over ten years.
Economists had expected an increase in the program of asset purchases two times lower. The BoJ has also surprised by announcing that it would expand its purchases of riskier assets such as Exchange Traded Funds and REITs.
"The BoJ has a bit more than what we expected, then its decision is a surprise" said Masamichi Adachi, senior economist at JPMorgan Securities.
"The bank is trying to get the message that it supports the market and economic recovery, as it did in February. This is a step in the right direction and we believe that the BoJ should do more to encourage the economy. "
The BoJ's decision, taken unanimously, carries its asset purchase program to 40,000 billion yen. The rate remains unchanged in a range of zero to 0.1%.
Immediately after the decision of the BoJ, the yen fell against the dollar. He was subsequently erased its losses and, to 6:40 GMT, gaining more than 0.3% against the greenback and the euro.
The BoJ has estimated that it would not "too long" to reach its inflation target of 1%, which could dampen expectations of further aggressive monetary easing measures.
It also found more and more evident that the third world economy was on the road to recovery. A series of indicators released Friday abounded in his direction.
Japan's industrial production rose 1.0% in March, posting its largest gain in three months in favor of a stabilizing external demand and the reconstruction of areas hit the country ; es by the earthquake and tsunami a year ago.
Also in March, retail sales jumped 10.3% year on year, against a 9.8% increase expected by analysts, while household expenditure increased by 3 4% in real terms, after growing 2.3% in February.
The unemployment rate meanwhile remained steady last month at 4.5%.
Wall Street has won more than 0.5% Wednesday, ending a series of five sessions of declines, driven by soaring title Alcoa after the gen ant aluminum, which opened Tuesday the "earnings season" has reported an unexpected profit for the first quarter.
The Dow Jones industrials gained 30 0.70% or 89.46 points, to 12,805.39 points. The S & P-500, wider, took 10.12 points, or 0.74%, to 1368.71 points. The Nasdaq Composite Index advanced on his side of 25.24 points (0.84%) to 3,016.46 points.
Tuesday, within the scope of concerns about global economic conditions and, perhaps, of a correction, the S & P 500 benchmark index of the managers fund, had fallen under its 50-day moving average for the first time since December.
Cyclical sectors, which have fallen sharply in recent days, took advantage of a movement to purchase cheap, the fund financial echoing 1.59%, including a gain of 3.75% to 8 , $ 86 for Bank of America.
The action Alcoa has closed up 6.34% to 9.90 dollars after the group, considered a good barometer of the U.S. industrial sector, has emerged, to everyone's surprise, a positive net income in the first quarter of 2012, benefiting from improved market conditions.
"Expectations were very low so a positive start to the earnings season is a positive sign," said Jack Ablin, Investment Officer at Harris Private Bank.
"That said, we can take stock of the health of other sectors throughout the week and the market will perhaps stand still before a complete picture."
Google, JPMorgan Chase and Citigroup are among the heavyweights of the American side who must publish their interim results this week …. The fall of some
….. 1.5% S & P 500 Tuesday was most marked in four months. Investors are now assessing whether the downturn on Wall Street-which is up sharply since the beginning of the year is an opportunity to enter a market that remains on a good launch e last six months.
Two hours before the end of the session, in its "Beige Book", the Federal Reserve said the U.S. economy had continued to grow over the last months of winter, adding that rising gasoline prices starting to worry consumers and businesses throughout the country.
This appreciation of the Fed had little impact on the trend of the day.
Concerns about the debt crisis of the euro area eased somewhat after the statements of Benedict Coeuré, board member of the European Central Bank (ECB), saying that the purchase of government bonds remained a weapon available to the ECB.
The Apple stock lost 0.36% to 626.20 dollars after the U.S. Department of Justice announced legal action against Apple and two large e publishers for agreement on the price of electronic books.
The way Johnson & Johnson has little reaction (-0.11% to 64.13 dollars) a verdict of a judge of the State of Arkansas saying that the pharmaceutical company was fined a , 1 billion dollars after being convicted by a jury of having used illegal tactics to market a drug.
Nicolas Sarkozy is the "worst manager in history," Friday accuse Michel Sapin and Jerome Cahuzac, two experts on public finance team of Francois Hollande.
This attack follows the satisfaction of the Head of State after the announcement of a 2011 deficit lower than expected.
"Nicolas Sarkozy is carrying the six worst deficits in history recent budget," wrote the former finance minister and the chairman of the Finance Committee of the National Assembly, in a statement.
They recall that before the crisis, the largest deficits of the Fifth Republic had been achieved when Nicolas Sarkozy was budget minister (1993-1995).
"The figure of 5.2% budget deficit in 2011 compared to the GDP hides the continuing and disturbing increase in debt of France," they continue.
"The other significant figure announced by INSEE, is that the increased revenue from taxes paid by the French," they add.
Nicolas Sarkozy promised if elected to bring the public accounts in balance in 2016, for the first time since 1974. Francois Hollande provides balance in 2017.
The leaders will present on Wednesday at Opel supervisory board of the European subsidiary of General Motors a project involving the closure of two plants in Europe to reduce by about 30% production capacity , it was learned from several sources informed of the discussions within the company.
PSA Peugeot Citroën, the new French ally GM meets Friday a European group committee three weeks after the announcement of the merger between the two groups, while unions' s question the social and industrial benefits of the project.
"GM repeats regularly with excess capacity equivalent to 500.000 cars a year, we have two factories in too, and the new manufacturing manager visited the sites one after the other by playing against each other, "said Thursday a representative union of Opel's supervisory board, who requested anonymity
. "We know the main points of the strategic plan that could be Wednesday presented: it includes plant closures and no growth for the company, "he added. "If it is voted, the entire union side will vote against this plan."
A GM spokesman declined to comment on possible closures, but reiterated previous statements of the group under which the management is working closely with unions and works councils to improve profitability.
A source at Opel said no decision had been made on possible plant closures in Europe, but added that the bargaining Management was extremely limited due to the current slump in the European car market.
"Business in Europe are really bad for the whole industry right now and there is no sign of reversal," said this source.
"When things go so badly, we must take action, so the question is not what we want or what the unions want, which is the context so requires."
"We can not afford to lose time."
PRESSURE ON PSA
Employee representatives can not block a decision by management, but they have already warned that the presentation of such a project would destroy the Wednesday born Negotiations opened so far.
Factories in Bochum, Germany, and Ellesmere Port, United Kingdom, are considered most at risk even if the chief executive of Opel Karl-Friedrich Stracke has de ; clared a few days ago that he would respect the commitment not to close any site before the end of 2014.
The managing director of GM Dan Akerson has repeatedly expressed his impatience with chronic losses suffered by the European branch of the group, which reached $ 747 million (563 million) the last year.
Earlier this month, he said that two years may be needed to restore the finances of Opel in the green.
For Dan Akerson, the European automotive sector has a total of between seven and 10 plants in too. The closure of one or two sites by GM could therefore increase the pressure on PSA for a commitment on the same track.
Interviewed in early March at the Geneva Motor Show on the possible eventual closure of one or more sites of PSA after the alliance with GM, Denis Martin, director of industrial group franç ais, nor had responded in the affirmative or the negative.
Plants PSA Aulnay-sous-Bois (Seine-Saint-Denis) and Madrid are considered most at risk in case of restructuring the group's production.
The question may also be asked to Sevelnord (North), where nothing is currently planned to fill the void let what Fiat, the Italian manufacturer has decided not to extend its partnership with PSA on the site beyond 2017.
Free said Thursday a "huge success" for its mobile business launched earlier this year, but without giving the number of its subscribers, and promised to accelerate the deployment of its network, subject of much controversy.
The internet service provider has a spectacular entrance in January on the French market of mobile telephony with offers at bargain prices, forcing competitors to lower rates of part of their bids to try to stem the exodus of their subscribers.
The speculation is rife, since the number of subscribers attracted to entering the fourth, recently estimated at 1.5 million by the CEO of France Telecom.
The parent company, Iliad, does not figure in its earnings release issued on Thursday, making only a state of "tremendous success" commercial activity of its rolling the dice goal of the year.
The chief financial officer, Thomas Reynaud, said that the numerical results would be unveiled in May to mark the publication of first quarter figures.
At 10:04, the title earns 0.34% to 99.09 euros, while the sector index losing 0.2% in the same time.
The group led by Xavier Niel plans to accelerate deployment of its network in order to have 2,500 sites equipped by the end of the year, against a thousand now.
Nearly 250 million additional investment expected to be incurred in 2012, after more than 400 million euros last year, said Thomas Reynaud at an international ; Conference call.
In total, the group's investments jumped nearly 50% last year to 1.2 billion euros, largely as a result of deploying the new Freebox Revolution and the frequency acquisition "4G".
This sharp rise affected the free cash flow of the group that spring -413 000 000 euros for all of 2011 while net income excluding items declined 7% to 255 million.
Iliad has also released last year a turnover of 2.12 billion, up 4%, operating profit (EBITDA) of EUR 833 million ( also 4%), against 2.14 billion and 861.4 million euros expected on average, according to Thomson Reuters I / B / E / S.
For 2012, the focus group said a surge in sales with a growth of over 5% in the fixed without providing forecast figures for the mobile.
ACCELERATE THE DEPLOYMENT OF MOBILE NETWORK
Free Mobile has already upset the French telecom sector, only two months after its launch.
SFR has already said anticipating a decline of 12 to 15% of operating profit (EBITDA) this year while Bouygues Telecom expects a decline of 10% of its turnover.
France Telecom did not provide detailed forecast but also table for the whole group on a sharp decline in its operating cash flow from 2012 to 8,000,000,000 euros, and EBITDA of the incumbent is expected to decrease to one billion euros this year.
Stéphane Beyazian, analyst at Raymond James, said the mobile revenue per subscriber is expected to contract a third on average in the sector over the coming years. Nomura expects the bank for its part the result of operational activities of the three mobile incumbents expected to fall by 28% by 2015.
The launch of Free Mobile has however experienced some delays in the ignition. Some consumers have had to wait several days or weeks before receiving their SIM cards because of congestion of applications portability within the agency responsible for managing them.
The new entrant competitors were quick to question the proper functioning of its network and the controversy has been widely reported in the press.
Free Mobile has been charged off its branches to rest largely on the network of France Telecom, with whom he concluded a roaming agreement.
This series has led to many twists and turns of the policeman to lead a second telecommunications network inspection of Free Mobile, which demonstrated according to ARCEP, that it was meeting its commitments.
Thomas Reynaud acknowledged that about 90% of Free mobile traffic currently passing through the network of France Telecom, while stress that the network deployment of the fourth entrant in e ; silent still in its infancy.
"Our priority in 2012, is make up of mobile subscribers in the network and deploy as soon as possible", he said, adding that it was too early to say whether the group should pay more than a billion euros initially planned as part of the roaming agreement concluded for six years with France Telecom.
The tender rate to ten years back below 3%
France has raised a total of 9.479 billion euros, when issued to Treasury bonds (OATs) due 2017, 2019, 2022 and 2026, announced Monday the Agence France Trésor in a statement.
This is the third award in the long run of the year. On the line OAT 4.25% maturing October 25, 2017, tenders served primarily by the Treasury (ONC) totaled 233 million euros, bringing the total of the auction to 1.058 billion euros at weighted average rate of 1.91% against 2.42% in the last similar operation on 1 December.
On the line at 3.75% maturing October 25, 2019, the ONC totaled € 343 million bringing the total amount of ajdudication to 1.593 billion euros at weighted average rate of 2.48%. AFT does not provide a comparison on this line.
On the line at 3.00% maturing April 25, 2022, the ONC totaled 620 million euros, bringing the total of the tendering procedure to 4.535 billion euros at weighted average rate of 2.91% against 3.13% in the last similar operation on December 2.
On the line at 3.50% maturing April 25, 2026, the ONC totaled 292 million bringing the total of the auction to 2.293 billion euros at weighted average rate of 3.30% against 3.65 % in the comparable operation on 1 December. Regulation of these four lines will take place March 6.
EDF Group and Italian utilities A2A Thursday announced an extension until December 30 of the shareholders in Edison, the second electrical Italy, which the French group tries to take control through negotiation .
This new extension of a pact that came to an end Wednesday comes a month after an agreement on the principles of the reorganization of Edison, after several months of fruitless discussions that have long stumbled on valuation issues but also " patriotism "economy.
A2A, which leads the consortium of Italian shareholders engaged in discussions with EDF, had said Monday that the deadline for concluding the negotiations could be delayed until Christmas.
If final agreement on industrial restructuring and shareholder of Edison, EDF had its way by taking operational control of the Italian group, heavily indebted, with the stated objective to improve its performance but also to use it as basis for developing its gas business.
If the French electrician did not detail the agreement on Edison, A2A said last month that the new reorganization of the company would leave the core of Italian shareholders 31% stake in EDF and 50%.
The planned sale by BP of an interest in a subsidiary in South America representing seven billion dollars (5.1 billion) has been canceled, which could complicate the will of the British oil giant to increase its dividends.
CNOOC, the first Chinese offshore oil producer, said on Sunday that its 50% subsidiary Bridas Energy Holdings had terminated an agreement for the purchase of 60% held by BP in Pan American Energy (PAE), oil and gas company based in Argentina.
When publishing its quarterly results last month, BP said it would announce an increase in its dividend in early 2012.
Visa announced Wednesday that revenue growth had slowed and that the group had paid more promotional premiums to its customers, which has set back the title in after-hours trading despite a profit above expectations.
The world of credit cards reported that its revenues had increased by 2.6% in the fourth quarter of fiscal year compared to the previous or their smallest increase since the beginning of the year.
Premiums paid to customers totaled $ 576 million against 421 million a year earlier.
"The results are slightly disappointing," Judge Chris Brendler, an analyst at Stifel Nicolaus & Co.
The action Visa declined by 1.7% in after hours trading these ads.
The San Francisco-based group has reported a net profit of $ 880 million in the fourth quarter of fiscal year, or $ 1.27 per share of Class A, against 774 million or $ 1.06 per share a year before.
Analysts were expecting earnings per share of $ 1.25, according to Thomson Reuters I / B / E / S, but it was not immediately clear if this figure could be compared with that published by Visa.
The number of transactions increased by 9% over the same period last year to 13 billion. Volumes have increased them by 13% to 970 billion.
The group also said it expected 2012 net annual growth of around 10%.
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