The values to follow on Wednesday at the Paris Bourse, where the CAC 40 has risen sharply and takes 1.75% to 3,551.87 points at 12:42, after the recent half-yearly publication of the index generally encouraging.
* VIVENDI signs the largest increase in ACC and climbed 4.56% after announcing an anticipated increase in its annual results for 2010 and maintaining its dividend at least 1.40 euro until 2012, after a first half marked by higher performance expectations, including SFR.
Lafarge wins * 4.41%. CA Cheuvreux has raised its rating to outperform against under-performance for valuation issues.In addition, Moody's confirmed Tuesday evening Baa3 debt rating of the group he had placed under review in early August for a possible lowering.
* Also in Construction, VINCI was up 2.89% after confirming its forecast for an improvement in its net profit this year and said he had good visibility for 2011 and beyond given the backlog. SAINT-GOBAIN earns 2.65%.
* In contrast, Bouygues is the only value of ACC in the red, losing 0.67%.The group has slightly raised its sales target for 2010 but has expressed an intensification of the relief of its subsidiary Colas (-4.75%), including the weakness in the first half was partially offset by Bouygues Telecom and TF1 ( 1.2%).
* CARREFOUR advance 2.9% to 36.87 euros after the publication of his semi. Deutsche Bank raised its target price of 36-41 euros and reiterated its advice to buy the title.
Moreover, the Japanese distribution Aeon will bid on the assets of French in Thailand, Malaysia and Singapore, it was learned from sources close to the matter.
* ARCELORMITTAL garnered 2.08% with its sector in Europe (+1.6%), driven by a slight rebound in manufacturing activity in China.
* Sanofi-Aventis jumped 2.23%.In an interview with Reuters, CEO of Genzyme considers the probability of finding an agreement on an offer from Sanofi on American group, however, reiterating that no question of accepting the proposed price of $ 69 per share
* Out ACC, CAM, highest increase of the SBF 120, jumped 5.1%. The group has returned to growth in the second quarter after four consecutive quarters of decline and forecast a continued recovery in its automotive business.
6.63% * Havas abandoned after publishing an organic growth in the first half making him "the last of the class" in its sector, in the words of its chairman and largest shareholder, Vincent Bolloré.
* BOURBON loose 3.5%.Specialist Marine Services has published the results down in the first half because of the growth of its operating costs, but the group says still confident in its ability to achieve the objectives of its plan 2011-2015.
* Wendel advance of 3.89%. The investment company has seen its half year results increase sharply thanks to a rebound in performance of its investments as listed and unlisted said there was "no urgency" to make asset sales.
* Transgene is 5.05% after a positive opinion from the European Medicines Agency for the final phase of clinical trials of its treatment of a form of cancer, TG4010.The biotechnology company publishes its interim results this evening after the market closes.
* April Group climbed 4.21% after first half results found encouraging. CM-CIC and Socgen went to purchase the title.
Tokyo stocks ended virtually unchanged on Tuesday (-0.07%), caught between downward pressure related to the strength of the yen and satisfaction related to solid quarterly results and found the stronger than expected for Sales of new homes in the United States.
The Nikkei index closed at 9496.85 points while the broader TOPIX, took 0.03% to 846.12 points.
Home sales in the nine to the United States jumped from 23.6% in June is, in percentage, the stronger rebound since May 1980, reassuring investors about the risk of a relapse of the U.S. economy.
In terms of value, the manufacturer of household products Kao Corp. gained 1.1% to 2.111 yen after the announcement of an increase of 34.6% of its operating profit for the period April to June, to 26.17 billion yen (231 million euros).
In contrast, the continued strength of the yen continues to handicap the exporting groups.
The semiconductor equipment supplier Tokyo Electron, the semiconductor maker Advantest, and the carmaker Honda and decreased from 0.42 to 1.62%.
The BP has decided that its chief executive Tony Hayward must leave office because of his handling of the spill, and his departure will probably be announced within 36 hours, officials said Sunday, sources close to the group.
The board of BP is due to meet Monday to determine how the departure of Hayward and its replacement by Bob Dudley, the American leader who also oversees the fight against the oil spill, sources said.
Replace Hayward at this stage of operations could be difficult for BP.Well Macondo, which lets out of oil since the explosion of the platform Deepwater Horizon April 20, has not yet been definitively blocked.
If problems occur during the recent operations, Dudley's reputation could also suffer.
But the fact that the leak has been controlled for over a week by a temporary containment has led the company to be more concerned about the future of its chief executive.
According to sources, Hayward acknowledged that he was in the interests of BP let him go.
The British oil giant has lost 40% of its stock value since the beginning of the disaster.The group would not comment on rumors of departure from Hayward, declaring that he was general manager with the full support of the board of directors.
A spokesman for BP declined to repeat the news last week that the board does not even discussed the future of Hayward.
In the Gulf of Mexico, ships trying to stop the leak came back Sunday on the site after being forced to move away from threats of Tropical Storm Bonnie, now dissipated.
The next step is now the operation known as "static kill", which is to inject heavy fluids and cement into a pit pass.
This operation could begin in three to five days, according to Coast Guard Admiral Thad Allen, who directs operations for the U.S. government.
The turboprop manufacturer ATR announced that it recorded 42 orders and delivered 26 aircraft in the first half.
The joint venture of the European group EADS and Italy's Finmeccanica said in a statement that, taking into account the options, the number of orders placed since January 1 amounted to 72 aircraft.
"We will deliver between 50 and 54 aircraft this year," he told a news conference at the Farnborough Airshow near London, Filippo Bagnato, Chief Executive Officer of ATR.
During the presentation of its annual sales results on January 18, ATR stated aim of delivering more than 50 aircraft this year after delivering 54 aircraft to their owners in 2009.
The group, which achieved a turnover of 1.4 billion dollars last year, added provide a stable revenue in 2010.
Unilever said Monday it completed the sale of its Italian subsidiary specializes in the Findus frozen food products to Birds Eye Iglo to 805 million euros.
Birds Eye Iglo is for the private equity firm Permira.
It involves the sale of Unilever's recent activities in Europe frozen.
Permira will bring Findus and Birds Eye Iglo to the old pole of Unilever's frozen foods, he had acquired in 2006 for 1.73 billion euros.
In a statement, Unilever said that about 650 people Findus, whose turnover reached 462 million euros in 2009, will be transferred to the new owner.
Reuters reported last week that Permira was elbow to elbow with Lion Capital in the race to buy Findus, to BC Partners.
In London, Unilever gained 0.74%, to 1.896 pence to 9:45 GMT.
The New York Stock Exchange opened higher on Tuesday, supported by better than expected results released Monday evening by Alcoa.
A few minutes after opening, the Dow Jones industrial average thirty largest U.S. took 1.09% to 10,327.29 points, the S & P 500 index fund manager, gained 1.15% at 1091.15 and the Nasdaq, heavily weighted to technology, advanced 1.17% to 2225.89.
Alcoa, the first value referenced in the Dow, accounts for 2.21% at the opening after reporting late Monday results exceeded expectations under its second quarter, prompting investors to hope that other heavyweights the economy in their turn to share optimistic news.
The railroad company CSX also pleasantly surprised markets Monday and its shares gained 1.43% in early trade.
The avalanche of results which will soon go off just in time for investors who were reluctant in recent weeks on how to proceed.
"The problem in markets is that there was a lack of visibility and now we have," said Wayne Kaufman, John Thomas Financial in New York.
The objective, "not less deficit, a deficit from zero in 2018," insisted Eric Woerth at the presentation of the proposed government reform, Wednesday, June 16 The task is not easy: the deficit in pension schemes (public service, and general system of private supplementary pension schemes) will reach 42.3 billion euros in 2018, when the government stopped the cursor reform. Who will pay?
Employees. It is they who will have to bear the brunt of the effort. For they will have to work longer. The legal age of retirement, currently set at 60, will be gradually increased to 62 in 2016, reflecting an increase of four months each year from 1951 generation. Those who turn 60 in 2016 (the generation born in 1956) will have to wait two more years to retire.Age to automatically receive a full pension will increase from him in the same way from 65 to 67 years. Meanwhile, under the Fillon reform in 2003, the contribution period needed to receive a full pension will be raised to 41 years and three months in 2013 for the generation of 1953 and 1954) and 41.5 years in 2020. These measures on the parameters of age should bring 18.6 billion euros in extra revenue, slightly less than half the need of pension funding in 2018.
Officials. In the name of "fairness" of the reform, the officials of the Public Service will have to pay as much as private sector employees for their retirement. Their contribution rate will increase gradually from 7.85 to 10.55%. The alignment will be spread over ten years, an increase of 0.27% per year. For Eric Woerth, the affect the purchasing power of officials is "very moderate".This, coupled with the abolition of early retirement for employees who have three children and the allocation of the guaranteed minimum under conditions of having quarterly contribution will have a positive financial impact of 4 billion euros in 2018 as calculated by the government.
Read about it: Why pay officials might decrease
Companies. They no longer will not escape "the solidarity effort" required by the pension reform. The calculation of relief on low salaries (up to 1.6 times the SMIC) enjoyed by employers, so far calculated monthly, will be annualized. This means concretely that the thirteenth month and premiums will now be incorporated into the calculation. This measure will yield 2.4 billion euros in 2020.Removing the cap on the share of costs and burdens on dividends received by a parent company from its subsidiaries should add 250 million in 2020. Either a total 2.65 billion euros of new revenues paid by businesses.
Capital. Raise taxes on capital gains from sale securities (stocks, bonds) and real estate, the standard deduction on dividends and interest, taxable capital gains realized on the sale of stock or bond tax income, elimination of tax on dividends received by shareholders, these measures on capital income will yield 1.34 billion euros in 2020.
Rich. Nicolas Sarkozy had announced: high incomes will be involved. The marginal rate of the top of the income tax will rise from 40% to 41%.This "solidarity contribution pension", which will apply to 340,000 tax households reporting more than 69,783 euros a year, will not be taken into account in the tax shield. The measure will yield 290 million in 2020. In addition, payroll taxes on stock options (side beneficiaries and employers) and taxes on pensions hat which directors of large enterprises will be increased. In total, these taxes on the rich should bring 630 million euros in 2020.
The combined revenues related to raising the legal age of retirement, to align the system of public and private that the various taxes and levies increases, and shall rise to 27.2 billion euros 2018. The government also plans to switch the unemployment insurance contributions on pension contributions from 2015, assuming a return to the green accounts Unedic.This shift would provide 1 billion euros of additional revenue in 2018.
