Atos continues to grow with Northern Europe

Atos confirmed Wednesday all its annual targets after completing the first quarter organic growth of 2.4% of its turnover, driven by outsourcing, Germany and UK.

The computer services company, whose main competitors are Accenture and Capgemini, confirms this year include a slight organic growth of its turnover from the level proforma 2011 and is operating margin 6.5% compared to 4.8% on a proforma basis in 2011. 

"We have confirmation now for three quarters as Germany, Eastern Europe, Central and Northern and the United Kingdom are now vehicles for growth, and continue to register a level 'satisfactory business, "said Gilles joined, executive vice president of Atos, during a conference call.

He told Reuters an acceleration of the group's organic growth in the second half compared to the first. He stressed the unfavorable comparative weighing of the second quarter, which has more public holidays in 2011.

The group achieved first quarter sales of 2.163 million euros, driven by organic growth of 3.9% of its center outsourcing (IT outsourcing) representing 45% of the activity.

Growth in Germany and the UK, its two largest markets, are also more than offset declines in the Benelux and France, which however had a recovery "in step".

Accenture has on his side out at the end of March a good resistance to its business in Europe. 

Closely watched indicator, the ratio of new orders to billings (book-to-bill) stood at 107%, with a backlog of 14.5 billion euros at March 31, or 1.7 year of sales.

Gilles joined Atos has also stated its continued "close discussions" with Thales and Orange, the social project of "cloud computing" was approved Friday by the French government.

He said this could be done via Canopy, the partnership announced in February with the U.S. EMC and VMware in this activity.

"Cloud computing" ("cloud") is to store data in supercomputers called servers, grouped by hundreds of thousands in large premises belonging mostly to large IT groups. 

WORLDLINE CRUCIAL FOR ATOS

Gilles joined also wishes to continue developing its cluster electronic payments and secure transactions, which includes Atos Worldline.

Rumors had been circulating there for ten days on this division following a note from Morgan Stanley essentially assuming that the integration of SIS, the IT division acquired from Siemens, promised to die pledge more synergies.

Gilles joined observed that these were "comments outside the company."

Atos Worldline is a "major division" Atos, which will help the group reach its operating margin target of 7% to 8% by 2013, he said.

"We are a management that is not dogmatic," but added Gilles joined. "It is our duty by definition never exclude any option that could accelerate and support the further development of this activity in our company."

Atos also aims to achieve a cash flow of around 250 million euros in 2012, against 194 million in 2011 to support an increase in operating margin and a tighter control of investment and working capital needs.

The action Atos closed Tuesday down 1.57% to 20.04 euros, giving a market capitalization of 3.69 billion. She has returned 30% since the beginning of the year.

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Germany is European Champion of wage moderation

Germany experienced between 2001 and 2011, the smallest increase across the EU, with an increase of 19.4%, while hourly labor costs in France rose by 39.2%, more than double the same period. A poster of the employers' union Verdi against the introduction of a general minimum wage in Germany

Germany experienced a decade of more moderate growth in labor costs of the entire European Union, according to statistics released Tuesday, but the hourly labor cost is one third higher than the European average. One hour of work in the private sector cost 30.10 euros for German employers, a figure of 32% above the EU average and that places Germany seventh among 27 EU countries, according to these figures published by the Federal Statistical Office Destatis.  

Compared to the great French neighbor, the labor cost is 12% lower and 23% lower than in Belgium, the leading EU countries. Germany experienced between 2001 and 2011, the smallest increase across the EU, with an increase of 19.4%, while hourly labor costs in France rose by 39.2%, more than double the same period, according to Destatis.

German wage moderation is a key factor in the competitiveness of the country, including its industry. The downside, often cited by the unions, wages are low, in the absence of widespread minimum wage and an increasingly precarious, with greater use in some industrial sectors in labor and temporary work.

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Moscow ready to provide over 10 billion dollars to IMF

Russia plans to give the International Monetary Fund (IMF) additional resources of over ten billion dollars but the exact amount will be determined in coordination with other emerging BRICS group says, has Saturday announced the Russian Minister of Finance.

"We have already said that the minimum contribution (Russia) would be 10 billion, the question now is to change this amount of increase to reflect the need for additional resources of the IMF" said Anton Silouanov to the press.

"We will coordinate with our colleagues in the BRICS and decide together what we can do," he said on the sidelines of a meeting between the IMF and World Bank in Washington.

The group said BRICS includes Brazil, Russia, India, China and South Africa. 

The G20 countries have pledged Friday to provide the IMF additional resources of $ 430 billion to address the debt crisis in the euro area.

According to Anton Silouanov, most of this amount, $ 362 billion, had already been promised before. "We have about 70 billion" to distribute among the contributors, he said.

Emerging economies, which were far more recipients of aid, this time have joined the effort, even if they expect, in return, that their weight within the international financial institutions increased at the expense of that of Europe.

NEW QUOTAS

The G20 committed on this road Friday, promising that the voting rights of emerging nations, called quotas, will be raised at the summit of the IMF scheduled in October.

Russia welcomed the decision, even though she was careful not to make quota reform as a precondition for the payment of its contribution. The new quota system must be clear and understandable, insisted Saturday the Russian Minister of Finance.

"We propose that the quota calculation is based primarily on two main indicators, the size of gross domestic product (GDP) of each country and the volume of their gold reserves and foreign currency," said Anton Silouanov.

If such criteria were to be retained, Moscow's influence in the IMF would increase considerably, with Russia third of global foreign-exchange reserves, with 516.7 billion dollars.

Some countries of the BRICS group said, however, have argued in favor of a better consideration of the weight of GDP, acknowledged Silouanov.

"Many countries believe that further dialogue in this area. Some countries have a quota have no interest in it is recalculated and prefer, obviously, that we keep the current formula, without bring change, "he said

.

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Unemployment in the euro area at the highest since 1997

Unemployment in the euro area reached a high of almost fifteen years in February, with more than 17 million unemployed, and economists expect a further deterioration in this years.

The unemployment rate in the 17 countries in the region stood at 10.8% of the workforce, up 0.1 points from January, according to data published are from Eurostat.

"We expect that it continues to rise, reaching 11% by the end of the year," said Raphael Brun-Aguerre, economist at JP Morgan in London.

"There are redundancies in the public sector, incomes are falling, consumption is sluggish. The prospect of economic growth is negative and will reinforce unemployment, "he said

. The level reached in Feb February – for the first time since June 1997 – reflects the tenth consecutive month, an opposite trend to that enjoyed by the U.S. economy, credit e jobs since last year

. Economists are divided on the effectiveness of austerity policies adopted es by European governments to reduce their debt, the economic crisis affecting tax revenues, the purchasing power of consumers and investors' confidence that collapsed the year last. 

Other statistics released Monday show a contraction of manufacturing in the euro area for the eighth consecutive month in March, reinforcing fears of recession in the European bloc.

North-South disparities

Despite these negative outlook, the European Central Bank (ECB) should maintain its interest rates to 1% at its monthly meeting Wednesday, rising oil prices keeping inflation above 2%, the limit under which it intends to maintain it.

"With inflation remains stubbornly high in the euro area, there is little hope of a recovery in consumption," said Jennifer McKeown, an analyst at Capital Markets. 

The debates between members of the ECB in Frankfurt are more complicated than expected a little more optimistic this year fizzled, the contraction of the activity in manufacturing and construction affecting even Germany, the strongest economy of the area.

On the employment front, the northern countries of Europe, however, remain better off than their southern partners, whose economies are sealed by years of uncontrolled ready , an inadequate labor laws and a very competitive industry.

The unemployment rate remained stable in Germany and to 5.7% of the workforce in February, when it peaked around the Mediterranean, from 9.3% in Italy to 24% in Spain, which holds the sad record of the euro area. 

The Spanish government has yet to unveil a great austerity budget aimed at saving € 27 billion more by the end of 2012 to fulfill the goal of deficit of 5.2% of GDP and regain investor confidence.

Beyond the euro area, the unemployment rate in all 27 countries of the European Union amounted to 10.2% of the workforce in February , or 24.5 million unemployed, against 10.1% in January.

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The board of Opel will discuss the closure of two sites

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.

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Bosch manages its industrial restructuring in Lyon

Promise to close in 2010, the Bosch plant in Venissieux, a suburb of Lyon, rising from the ashes thanks to the manufacture of photovoltaic panels in the most modern and important production unit of this type in France.

The German group intends to make this site the bridgehead of photovoltaics for southern Europe and northern Africa, and a model of "French production" that is central the campaign in France.

After eight months of construction, the new production of photovoltaic modules from Bosch is being phased in and the 200 employees of this plant produce in full capacity by July, 2000 panels per day, or 600,000 modules per year.

"This corresponds to the consumption of 51.000 French households, "explains Jürgen Pressl, board member of Bosch Solar Energy

. The plant is yet act as industrial miracle …

…… In 2010, the Bosch plant in Venissieux was promised at the close. Specializing in the production of diesel injection pumps, she was condemned by a falling market.

With an investment of 25 million euros, the conversion of the site has saved 200 of the 450 jobs previously identified.

"The successful transformation of Venissieux is the result of an exemplary social dialogue, and unique German enough", Guy said Maugis, president of Robert Bosch France.

To switch to the manufacture of injection pumps to that of photovoltaic modules, French employees of Bosch had to go to Germany for training.

"I was immediately voluntary," said Christelle Trioulaise, 45, who is placed in quality control. She looks forward to working conditions, "more comfortable, quieter, more interesting as new".

"But above all I could keep my job, and that's the key," concluded the worker.

"MADE IN FRANCE"

The Bosch Group has installed the new production unit in the Lyon region, not by philanthropy but by strategy.

"The French market is very important to us and here we must propose the 'Made in France', we need to produce locally," said Axel Becker, who led the project to convert.

Jürgen Pressl also emphasizes the proximity to markets such as Italy, Spain, North Africa, who are "potential customers".

"Vénissieux must become the bridgehead for photovoltaic southern Europe and northern Africa," he said. 

Bosch's objective of becoming the market leader in photovoltaics, renewable energy according to the German group is the trend of the future, the era of fossil fuels being in his past.

The group spent more than four billion euros for research and filed over 4,000 patents in 2011.

Yet its leaders recognize that on this intensely competitive market, the game is not won, and that investment is still far from profitable.

"The price war is exacerbated must pass some time, and ultimately, we think about winning a very high quality of our products," said Jürgen Pressl. 

In 2011, Bosch Solar Energy has achieved a turnover of 800 million euros, down from the previous year due to falling prices for modules.

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Japanese households are anxious

Japanese consumer confidence has plummeted in February. Individuals who fear a deterioration in the economic environment are more likely than those who see an improvement. A Prayer for the 23,000 dead and missing caused by the earthquake and tsunami that devastated parts of Japan.

The Japanese consumer confidence has plummeted in February, the index released Monday by the government losing by 0.5 points compared to January, witnessed the continuing concerns of the population about the situation.

The overall confidence index (expressed as data seasonally adjusted) fell to 39.5 points, 40.0 points against the previous month. It evolves rather erratic since this fall, after returning in the summer of his fall recorded by the tsunami of 11 March 2011. A result below 50 indicates that individuals who fear a deterioration in the economic environment are more likely than those who see an improvement.

In February, the global economy has yet given new positive signs after the turbulence in the fall of the worst debt crisis in Europe. But this relative calm did not embellish the mindset of Japanese consumers, who are generally anxious, especially as the challenges placed on the road to the third largest economy are huge, one year after tsunami that devastated the northeast of the archipelago.

In detail, in February, under-employment index fell 1.1 points to 36.0 points, continues to evolve sawtooth since the natural disaster of last spring, despite some relaxation observed on the labor market according to other indicators.  

The sub-indicator of future income lost 0.6 points in turn to 38.9 points, many of those surveyed continue to fear that their earnings do not suffer from the economic uncertainties.

The sub-indicator of economic welfare in general has eroded to its share by 0.2 point in February to 40.6 points, and subindex purchase intentions for durable goods stagnated at 42 4 points. This survey was conducted February 15 to 6,720 homes in the archipelago.

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25 EU countries sign the new pact of fiscal discipline

The pact provides for the establishment of fiscal and golden rules more automatic sanctions against countries that exceed the limit of 3% of GDP for public deficits. The UK and Czech Republic have refused to sign. The reduced VAT rate for ISPs is in the crosshairs of the European Commission.

Twenty-five countries of the European Union on Friday signed at a summit in Brussels the new Treaty establishing more fiscal discipline in Europe to learn from the debt crisis which shook the euro area. The pact provides for the establishment of "Golden Rules budget" on the balance of public accounts and automatic sanctions against countries that exceed the limit of 3% of GDP for public deficits yearly.

These rules should preferably be written into the constitution of the States, but not necessarily. "This is an important step to strengthen confidence in our economic and monetary union," said President of the European Union, Herman Van Rompuy, during a signing ceremony at a summit in Brussels . "I think it is a strong signal that we draw lessons from the crisis, we understand the signals" sent by the financial markets "and we want a future with a politically united Europe," added the Chancellor Angela Merkel.

This new treaty was demanded by Berlin in exchange for its continued financial solidarity to fragile countries of the euro area. It was signed by only 25 of the 27 members of the European Union, the United Kingdom and the Czech Republic have declined. It must now be ratified by at least 12 signatory states before they can begin to take effect. All countries in the eurozone will not will not receive financial assistance from its partners over the future relief fund that will start this summer, the European Stability Mechanism (SPM). This ratification might be complicated especially in Ireland, who announced the holding of a referendum on this, inherently dangerous.

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The good business plan of "The Artist"

With over 75 million dollars in revenue, "The Artist" is already highly profitable. But this should not stop there. Jean Dujardin with his Oscar for "The artist"

The phenomenal success of "The Artist" is obviously the happiness of the actors, director, writers, and especially of those who funded the film.

The least we can say is that the investment proves profitable. Approximately $ 15 million was spent on production, which must be added the 20 million needed for the promotion and distribution. And to date, the film has already earned $ 76.5 million worldwide.

Yet it is only the beginning, and we are moving towards more huge profits. Because different rewards, and in particular received five Oscars Sunday night, should significantly boost revenues. As highlighted in the newspaper Les Echoes, the example of "Chicago" in 2003 in this direction.

The musical was indeed the same level of income (about $ 75 million) as "The Artist" at the ceremony, where she had picked up six statues. The profits are then soared, reaching $ 307 million worldwide. Same conclusion with "The speech of a king", awarded last year and whose income totaled $ 414 million.

The box office, which currently amount to over two million in France, should experience a marked revival. United States also, and a little all over the world. While one should perhaps not be paid in the euphoria of the Atlantic, where the popularity of the film remains mixed.

The DVD, scheduled March 14, should also meet a great success. A nice bonus in preparation for Jean Dujardin and his cronies, who have not finished surfing on the wave of success.

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Wall Street has suffered from mixed U.S. data

Wall Street ended on a note undecided Tuesday, a series of macroeconomic indicators worse than expected U.S. have led investors to pause after gains accumulated , s by the U.S. stock market since the beginning of the year. </ p> the Dow Jones Industrial 30 0.16% sold, 20 , 81 points, to 12,632.91. The S & P-500, wider, lost 0.60 points, or 0.05% to 1312.41. In contrast, the Nasdaq Composite was up on its side of 1.90 point (0.07%) to 2813.84. </ P> The S & P 500 index re ference of fund managers, is up 4.4% over the entire January, the Dow 3.4% and the Nasdaq Composite of 8%. Wall Street posting its best monthly performance since October. </ P> Shortly after the opening of the meeting, the 50-day moving average of the S & P 500 crossed ; rising moving average 200 days, a technical effect known as the "golden cross". </ p> The "golden cross" is usually perceived by investors as a buy signal which should push up prices for the next six months. </ p> Wall Street opened up, driven by European stock exchanges such as the hope of soon reaching an agreement between Athens and its private creditors on Greek debt and after the adoption of the new Treaty of fiscal discipline.</ P> But then Wall Street has suffered from the publication of results in mixed company and U.S. economic indicators worse than expected, which sow doubt on the strength of the recovery of the world's largest economy. </ p> The U.S. consumer confidence fell against all expectations in January, reflecting their growing concern about , a labor market at half-mast: the Conference Board index measuring consumer confidence fell to 61.1 in January, against 64.8 in December and 68.0 expected. </ p> < p> The index of purchasing managers in the Chicago area has also declined, falling to 60.2 from 62.2 in December, while analysts expected a lege ; re improvement to 63.0, said Tuesday the Institute for Supply Management-Chicago.</ P> The title Pfizer ended down 0.83% to 21.40 dollars after the pharmaceutical giant has reported a net profit down 50% in the fourth quarter. </ p> Action Exxon Mobil fell 2.04% to 83.74 dollars, the oil giant has certainly reached quarterly results better than expected but did not reach consensus in terms of production. </ p>

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