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Closing reassuring Wall Street yesterday gave a positive impetus for the Paris Stock Exchange on Tuesday, which has increased its earnings to grow by 1.57% enséance before reducing them after a disappointing statistic across the Atlantic on the U.S. consumer confidence in July.

At the final bell, the CAC 40 is 0.83% at 3666.4 points and preserves the points.Un 3660 this threshold had not been touched since June 22 last. Elsewhere in Europe, the London Stock Exchange closed up 0.27% to 5365.67 points.

French markets were again worn by banking shares. Yesterday, the shares had already boosted the index, in response to the publication of results of stress tests on Friday.On Tuesday, they went into high gear, including Societe Generale climbed 10.59% to 44.22 euros, Credit Agricole, which has soared 10.14% to 10.62 euros and Dexia, which has rose 7.32% to 3.87 euros. Axa and BNP Paribas follow with respective increases of 6.74% and 5.49%.

After trading, the markets will see the unemployment figures for the month of June in France.

In addition, the Department of Ecology has announced that the number of starts of new homes in France fell 0.3% for the period April-May to June, compared to the same period a year ago, while the number of building permits recorded an increase of 25%.

On the foreign exchange market, the euro continues against the greenback.Around 17:30, the euro was trading at just below $ 1.30, but the threshold has been crossed earlier in session.

The U.S. housing close look

Yesterday the key index in Paris managed to keep the threshold of 3600 points despite an early meeting very hesitant. Good numbers of U.S. homes have played an especially comforting to investors. And on Tuesday, rebelote: the Case-Shiller index of home prices meets the individual operators offering. It rose more than expected in May in the United States, +0.5%. The month of May and is the second consecutive monthly increase, a trend that comes after two months of consecutive decline.

But the Conference Board index, published in 16 hours, fell for the second straight month in July, falling to a lowest level since February, to 50.4 in July against 54.3 (revised from 52.9) in JuneAn advertisement that has a little cooled investors.

Publication Burst

On Tuesday, the publications will be honored at the Paris Bourse:

Danone (-4.24% to 44.35 euros) announced before market opening a current net profit in the second quarter of 848 million euros and a turnover of 4.386 billion euros in bad credit payday loans.

Altran (7.79% to 3.25 euros) has reported a turnover of the second quarter 2010 from 357.6 million euros (+2.3%). The group expects a significant improvement in the margin in the second half of 2010.

The Land of the Regions (-0.12% to 72.85 euros) published a recurring net profit increased 1.1% to 153.4 million for its first half, with rents of 264.1 million , up 1.7% at constant scope, and an occupancy rate of 94.4%.However, its net asset value, excluding financial instruments, stood at 73.20 euros per share, down from late 2009 due to the distribution of a special dividend for 2009, consisting of 3 30 euros in cash and six Beni Stabili shares, 52.5% owned subsidiary acquired in 2007

Note that M6 and LVMH will unveil their first-half results after market close. Vinci, Compagnie des Alpes and Fleury Michon publish their turnover for the period also after 17:30.At the same time, Air France KLM (+0.69%) will release first quarter results are.

Sanofi repulsed Klepierre sanctioned

The U.S. biotechnology company Genzyme has rejected a buyout proposal made by Sanofi Aventis (-0.94% to 45.15 euros) according to Bloomberg.

Capgemini (-1.1% to 34.98 euros) has announced the signing of a 6-year contract between its subsidiary Capgemini UK and Royal Mail Group Limited (RMG), the British postal service, for its service management computer.

Klepierre (-2.61% to 25.17 euros), revised down slightly its 2010 targets of recurring cash flow and rents, the prospect of austerity plans in Europe have slowed the recovery of consumption.

Icade (+1.05% at 73.83 euros) on Monday announced a net profit in the first half more than eight times while its net current cash flow per share, affected by the low profitability of its development division, declined 21%.

April Group (-2.88% to 19.76 euros), saw the decline in sales accelerated to 12.9% in the first half. This is explained by the group with a focus on its brokerage business, which should result in a decrease of 25% of the insurance business in 2010.

Finally, Technicolor (10.81% to 0.41 euros), has received a firm offer from the private equity fund Francisco Partners for the acquisition of the "professional broadcast" of Grass Valley.

How did the aircraft through the crisis?

Experts cabinet Alixpartner highlight the "resilience" rather remarkable aerospace facing a crisis which has "devastated most industries, in the words of Eric Bernardini, Associate Director. After three years of strong growth (+15 to +17%), the slowdown has been severe but the activity remained positive with an increase of 2% in the world. This, in an environment where credit was becoming scarce and expensive.

This resilience reflects the fact that the aviation industry is a long cycle that "smooth" dips and rebounds of activity.When the crisis broke out, the order books are well filled – they are between 6 and 7 years of work with Airbus and Boeing, for example – the U.S. defense budget remains high at over 600 billion dollars and companies will react quickly launching plans for reorganization to optimize their cost base. But the overall increase in activity concealed differences: the regional airline and business aviation have suffered more from the crisis in commercial aviation (aircraft above 110 seats).

What about 2010?

"Do not expect to find pre-crisis levels," warns Eric Bernardini. The first quarter of the year was marked by a 9% drop in shipments compared to the same period of 2009 with 261 aircraft confondues.Cela all categories, while new orders taken are not strong after the fall of 70% of last year.

Several negative factors do not advocate a resumption free. First, the defense budget at best stagnant in the West with a likely decline in the U.S. and cuts already adopted in France, Germany and Great Britain. This marks a break with the period 1999-2009. In ten years, this budget has increased by 167% in the USA, 104% in France, but 181% in Saudi Arabia, Russia 272% and 294% in China. "But in real terms, the EU budget has stagnated, it has instead increased in the rest of the world," the study said.

Then, weak clients in commercial aviation. "With 0.5% margin forecast by 2010, the airline business model is not profitable in the long term," said Thierry Down, Alixpartner partner in the firm.Majors are also increasingly threatened by the rise of new players from the Asia-Pacific region and Middle East policies that lead to acquisitions of new equipment and aggressive pricing as well as the installation in the landscape of low cost.

And in the longer term?

The aviation industry is expected, according Alixpartner remain a growth industry. Thanks to the strength of emerging markets in Asia Pacific and Middle East in the years to come. The study of new aircraft deliveries projected to increase 15% per year by 2028, three times faster than air traffic.

The contract will be subject to strong pressure on prices with the arrival of new competitors in particular on the lucrative segment of the short and medium haul routes.The C-Series from Canada's Bombardier and Mitsubishi MRJ Japanese between 2013 and 2015 and the C-919 Chinese Comac to 2017 (and perhaps also a future large-derived Embraer E-190) will break the duopoly of Airbus Boeing and their A 320 and B 737. The arrival of his new players posed with even more accuité the issue of repowering existing Airbus and Boeing or the launch of new devices.

The pressure on prices will be high on the international defense market, U.S. groups seek growth from outside their borders. And taking probably the way of acquisitions.

What lessons did from the crisis?

Aerospace has been facing the worst crisis of his violent history at a time when she changed her business model.Boeing led the way, followed by Airbus, opting for the outsourcing of whole aircraft to major partners who share the financial risk and industry (risk-sharing partners). The model is not fixed so far, but already he designed a new deal between manufacturers and suppliers of rank 1. "It is evolving towards a model where not only the charges and development will be shared but also the earnings. Some vendors provide penalties for delay if the programs of manufacturers are backlogged. This can be a risky gamble for the supplier but overall, the balance of power balances gradually ", explains Thierry down.

Result: 8.6% in 2009, the profitability of major equipment has become for the first time higher than that of manufacturers that spring to 6.2%.Overall, manufacturers have been penalized by delays in recovery of their new programs (B 787, A 380 and A 400M), which has cost them billions of euros and has weighed on their accounts. Mais ces chiffres globaux cachent à nouveau de grandes disparités et mettent en lumière la faiblesse des acteurs européens par rapports aux géants américains. "In our study, few major European suppliers are well placed. the winners are those who realize a significant part of their business in the United States as the British Cobham, "said Eric Bernardini. The French equipment already handicapped by a structure of costs in euros on a market where the reference currency is the dollar, are particularly poorly placed with margin levels that are almost the double.

It is therefore urgent to organize and optimize its cost structure.Some have understood like a Zodiac, which has returned to acquisitions and has balanced its business conducted in dollars and one conducted in euro. French SMEs are particularly vulnerable because they are too small and no financial base. "Some have understood that they must join forces and others not," note the experts at AlixPartners. In Aerostructures (elements that when assembled form the fuselage of the plane) there is urgency with four players in France (15 in Europe) against the giant American Spirit and subsidiaries of major Japanese companies Mitsubishi and Kawasaki.

Mergers and acquisitions will they return?

Yes, says the study. Especially since they have not stopped but simply slowed during the crisis operations from 238 to 156 between 2008 and 2009. In the first quarter of 2010, we are 51.The Americans who were most active on this front between 2005 and 2009 with 484 operations should continue to play outposts. If Europeans have been rather discreet in number of transactions in the period with the notable exception of Thales, they have been very active if we take the size criteria for acquisitions. Leader in this category, Italy's Finmeccanica. But in none of the categories cited by the study is EADS, the European giant who nevertheless want to ensure complete acquisitions in order to realign its business in the defense and security.

The Aerostructures segment very crumbled, electrical systems and maintenance and repair should experience the largest wave of consolidation, particularly in Europe. In total, the five main players in these three activities controlled only 40%, 40% and 27% market share.

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European markets reorient downward on Thursday after two sessions of net withdrawal, which followed up to nine sessions in a row.

ACC 40, which closed late Wednesday a decline of 1.71%, to 3641 points, however, had started sitting up. He quickly plunged and yields 0.96% mid-term point to 3606.9.

The euro shows a decline of 0.28% at the same time and now rated as 1.23, to 1.2277 exactly. The European currency declines amid persistent fears about the state of the economy of the Old Continent.

In an interview with Italian newspaper La Repubblica, Jean-Claude Trichet, ECB president, said it was unlikely that deflation risks materialize in the euro area.

Employment on the radar screen

Supported by purchases of televisions before the World Cup soccer, the French household consumption of manufactured goods rose 0.7% in May after a drop the previous month, Insee said Thursday. Better than expected.

Job center will provide 18 hours tonight the numbers of jobseekers registered.

In the Eurozone industrial orders in April showed the strongest gain in 10 years: +0.9% over March and 22.1% compared to April 2009. This last figure is the highest since May 2000, according to statistics released Thursday by Eurostat.

In the U.S., at 14.30, the figures on durable goods orders in May are highly regarded, as usual. As the traditional weekly claims for unemployment benefits (same time).

Areva accrues $ 400 million more

The Group accrues 400 million euros more because of the further delay of the EPR. These delays have already cost the group 2.3 billion euros nuclear. And this new supply will cause the accounts into the red in the first half.

Vinci: -0.59% to 37.26 euros The company has signed an agreement for a proposed road tunnel in Vietnam, worth an estimated $ 600 million.

Publicis: -0.34% to 34.74 euros Interpublic does not need to merge with Publicis, according to its CEO, Michael Roth.The fourth group in terms of global advertising revenues has been speculation about a possible merger with French group.

L'Oreal: -1.81% to 81.82 euros, L'Oréal held yesterday, a presentation on New Markets, on their growth potential, based on affordable innovations, development of new product categories and the acceleration of globalization. Natixis Securities appreciated and raised price target on the value of 92-97 euros.

Societe Generale: -2.93% to 35.74 euros, the bank claimed Kerviel to 4.9 billion. This sum is claimed as damages, the commitments of the former alleged fraudulent trader.

Banking sector is doing well this Thursday after being bottom of the list of the CAC 40 over the past two sessions.The President of the European Central Bank, Jean-Claude Trichet said in an interview published Thursday that the reform of financial regulation are on track and that a number of important decisions will be taken in November, during G20.

Axa: + 0.07% to 13.55 Resolution eurosL'assureur UK announced Thursday the acquisition of its French rival Axa Life insurance, savings and pensions in the United Kingdom for up to 2.75 billion pounds (3.3 billion euros).

Vivendi: + 0.06% to 17.45 euros without, however, that the word "relax" is heard, the prosecution had asked for any penalty against former executives of Vivendi Universal. From the first day of the hearing, Jean-Marie Messier, former chief executive, expressed a mea culpa about its "excessive communication."

Casino: + 0.33% to 63.75 euros latest episode in the war of Nespresso.Nestle has obtained the high court in Paris to send bailiffs in Folliet and Vegeplast, the two suppliers to the manufacturer Casino pods compatible with Nespresso machines.

Air France-KLM: -2.73% to 10.87 euros 4,390 people have left the company without being licensed, by March 2013, according to an internal document quoted by La Tribune, on its website.

Company Alps: -4.28% to 23.02 euros Compagnie des Alpes announced Thursday the launch of a capital increase of around 100 million euros, with retention of preferential subscription.

The leisure group has also announced a refinancing of its debt in advance through long-term, secure the liquidity of the group for five years.He said in a position to make acquisitions.

TF1: -2.24% to 11.54 eurosL'élimination the first round of the France squad will deprive TF1 more than ten million euros in revenue. But the title TF1 has underperformed by 3.6% of all broadcasters in Europe since the beginning of the World Cup. This correction related to the elimination of the France team is disproportionate to the financial magnitudes of the event, said an analyst.

Oil drop

Crude prices have continued to drop Thursday (76.2 dollars) in electronic trading in Asia, driven by anxiety about U.S. demand, world's largest consumer.

The latest indicators of the U.S. Department of Energy showing an increase of two million barrels in crude stocks in the week concluded on June 18 have caused concern to investors, which projected a decline of one million barrels.The increase in crude inventories reported in effect a weakening demand.

The euro rose again on Monday morning against the dollar. It rated 10 hours to 1.2430 dollars, after touching 1.2460, an increase of 4.6% since it started bouncing on June 7 last, when the exchange rate euro / dollar rate was 1.19. A fast pace for the foreign exchange market.

China, usually accused by Western countries to maintain the exchange rate of its currency artificially low, just a surprise. A week before the G20 summit, the Chinese central bank announced the end of two years of indexing the yuan to the dollar. The aim is to gradually revalue its currency in order to regulate the Chinese economy, which is based on thirty years export.

To believe in technical analysis, "a great potential rebound comes." The first significant resistance (level on which the exchange rate risk of stumbling) is 1.27.Above, the parity would take the lead of 1.33. The trend is now positive short-term above 1.19.

Why such an increase?

The reason for this rebound is mainly technical: the euro has fallen too quickly in recent weeks, the currency had to breathe. Indeed, on 1 January, the euro was trading at $ 1.44, and in December 2009, it was worth even $ 1.51. In other words, between the highest and the lowest point reached in early June to 1.19, the euro has fallen more than 21%!

Other mechanical reason of the rise of the euro: the decline of the dollar which causes the exchange rate euro / dollar rising payday loan. But the greenback fell amid indices acclaimed. "Historically, there has always been an inverse relationship between the U.S. equity market and the greenback," said the chief executive of Saxo Bank, Pierre-Antoine Dusoulier.

And since the announcement of China, which paves the way for a separation of the link between the yuan and the dollar, the yuan prances its highest levels since July 2005. The renminbi, another name for the Chinese currency, reported a record on the interbank market at 6.8089 against the dollar. Faced with the rise of the yuan, the dollar fell back automatically.

The trend remains bearish background

In the medium term, despite five times the highest drop since last December, the trend is still fragile.Even if the single currency does not seem too responsive to European concerns on the health of public finances of countries – including Spain rumors, denied – the macroeconomic situation on the continent remains sluggish, between sluggish growth and unemployment Box, accompanied by rigid budgetary policies.

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Finally good news for Airbus and its flagship plane, the A380. The last contract was conducted in January 2009 when Air Austral has ordered two A380 single-class (840 seats eco). Since then … nothing. The contract signed by Emirates giant comes as the program switches from a phase marked by a painful industrial ramp-up phase of maturity and control of industrial processes.

This, ten years after the decision of both industrial policy by France and Germany to launch the A380 as part of the creation of EADS, parent company of Airbus. And two and a half years after the first delivery of the superjumbo to Singapore Airlines, the launch company.In recent weeks, "there's better on the forehead in the euro-dollar, even though its effect will be read in the accounts in the medium term, there is better on a better control programs, production rates will increase (for the A320 and A380, Ed), thereby supporting the generation of cash. The giant command adds a bit more "positive" about the title, "Yan Derocles development, aerospace analyst with Oddo who recently moved to purchase the title.

Price increase expected

Airbus, which had produced and delivered ten A380 aircraft in 2009 (and thirty since October 2007) will double the pace this year. "We have good visibility and for the first time in the first quarter, the program has been consistent with expected costs," said Louis yesterday Welsh, president of EADS.Costs too high, since this year, Boeing will lose money on each aircraft produced no fax pay day loans. But Thomas Enders, the Airbus chief, said that "from 2012, we should begin to win," so that the A380 will contribute fully to the operating result (ebit) of Airbus from 2014 . This, taking as a basis for calculating a euro-dollar parity of 1.30. The evolution of the two currencies in the medium term will be crucial.

In terms of business strategy, Airbus is also a turning point. It should trigger a second wave of orders in conquering new customers.The contract giant Emirates is great, but it comes from a company already convinced by the A380 and Airbus has always maintained in good and bad times.

This contract allows, however, John Leahy, marketing director, put pressure on companies that are slow to make the leap. The delivery of the A380 are now virtually come to an end until 2017. If a company wants the A380, it would have incentives not to expect too much as far as prices go up. But, argues Airbus A380 will be a must. The device has proven its economic and ecological efficiency, as evidenced by the feedback of its first customers. Airbus forecasts a market of 1,500 aircraft by 2030 for very large aircraft. Without rival, the A380 should prevail on this market and be a cash machine on the exceptional duration of the program, or forty years.

A wedding in pain. Negotiated for eleven months, the acquisition by the cooperative group Sodiaal Entremont Thursday overcame obstacles essential to its realization. The government, very involved through the Ministry of Agriculture and the Interministerial Committee for Industrial Restructuring (Ciri) has obtained the agreement of both creditors Entremont Alliance and its current owner Unifem instant payday loan. A company behind which is associated with the NPC holding the Belgian investor Albert Frere-and majority-group Unicopa.

For three months, Nestle tries the impossible in France. In a market of bottled water down the last ten years, the world number one is preparing to launch a new brand. And not just any, as this is the introduction in France of Pure Life, world's leading brand of bottled water.

"There is a French project that builds on the success of Nestle Pure Life," said Le Figaro Hubert Genieys, communications director of Nestlé Waters. The group is "by the summer" to make a decision. The weather also seal the fate of Aquarel spring water to Nestle family launched in 2000 with sales in France have not taken off.And that could eventually be replaced by the French version of Pure Life Pure Life.

Nestle Pure Life is tested in twenty supermarkets size of Le Mans and Angers, the two largest test markets in Europe, as announced last month our colleague Ray beverage. The test should be completed in the coming days, once the remaining stocks sold. "The book starts slowly," says Jean-Marc Renaudin, head of the radius drinks Leclerc Angers. "It's a grain of sand against a mountain!" He adds, referring to sales of Cristaline: the market leader – sold € 1.02 pack of six 1.5 liter bottles – sells 25 30 pallets per week (2800-3360 packs), while Pure Life, which costs twice as much, capped at half a pallet (32 packs) … In times of promotions (- 50%), however, sales may go up to four half-pallets in a weekend.In Intermarché of Le Mans, the permanent discount on Pure Life (1.02 euro) cut the lead in sales (which reads from one to ten) with Cristaline.

The linear congested

"It is completely below the cost price, these prices will not last long!" Fumed Peter Papillaud majority shareholder group Alma (Cristaline Vichy Celestine, St Yorre, etc..), Which gives the winning Figaro 0.33 euro per bottle, without promotion or communication, through reduced shipping costs to a minimum. Since he has seen at Le Mans last month, the posters of Pure Life, Peter Papillaud still furious. He campaigned against Nestlé with its distributor customers.Until patterns of signs to which he recalls that they allowed, with Cristaline, "not to lose money on the waters first prize."

The placement price of one Pure Life is strangely reminiscent of Aquarel (2.95 euros per pack of 6), a time sponsor of the Tour de France, with which Nestlé wanted to become a leader in Europe. Number two in Spain, and number three in Hungary, Aquarel never exceeded 1.5% market share in France. In several large areas of Le Mans and Angers, it has already disappeared from the shelves for almost a year. "In France, in a particularly unfavorable brand now boasts good performances, however, below our expectations," said Hubert Genieys."Aquarel suffered a mid-range position, caught between an actor unbeatable pricing and what Cristaline mineral water like Evian, Volvic and Vittel that provide reinsurance, analysis Bernard Malik, a partner the firm Roland Berger.

This does not Nestle to think big. He hopes to replicate the success story in France Pure Life number one in the United States, Egypt and Jordan, number three in Turkey and Shanghai. His recipe: low price, strong networking planning and adaptability to local consumption patterns. Launched in 1998 in Pakistan, the water present in 28 countries is natural in France, addressed to the U.S., desalinated in the Middle East, remineralized in some countries. For five years, she has an annual growth of 24%, but its presence in northern Europe is limited to Great Britain and Germany.Nestle's dream to find a recipe for anti-crisis on the French market.

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The U.S. stock markets have recently experienced six consecutive weeks of increases, and a record level since September 2008, continues its momentum. The Dow Jones opened down 0.07% and the Nasdaq 100 0.11%, but the disappointment of Alcoa's results did not last. The eyes are now riveted on the release of Intel's after-hours trade, which will sign a series of results from technology stocks.

On Monday, the Dow Jones gleaned 0.08% to increase the threshold highly symbolic 11 000 points for the first time since September 2008.

On the foreign exchange market, the euro continues to strengthen against the dollar, after surging the day before with the announcement of details of the rescue plan for Greece.In early afternoon, the European currency was worth 1.3614 dollars against 1.3585 dollars in morning.

Oil continued to fall

Side oil, black gold connects its fifth session of declines, traders are concerned about the continuing rise in oil stocks in the United States.

On the New York Mercantile Exchange (Nymex), a barrel of light sweet crude for May delivery finished at 84.05 dollars, down 29 cents from the previous day.The courses, which had exceeded $ 87 last Tuesday in New York for the first time in a year and a half, have lost about three dollars in five sessions.

The U.S. Department of Energy shall broadcast Wednesday's weekly statistics on trends in U.S. oil reserves, and analysts expect the announcement of an eleventh consecutive week of increase in crude inventories.

Palm loses ground after a flight

The week will also be crucial for the U.S. markets with the opening ball of the quarterly results. As usual, the aluminum giant Alcoa (-1.92% to 14.29 dollars) which gave the start of the season publications, Monday after the market closes. The U.S. producer of aluminum remained in the red in the first quarter, however, divided more than double its loss a year.Alcoa recorded a net loss after minority interests of 201 million over the first three months of the year, against a deficit of $ 497 million a year earlier.

Today, the computer chip manufacturer Intel (0.50% to 22.65 dollars) will follow. The next week will be hosted by Google's quarterly results (0.83% to 577.31 dollars), General Electric (0.91% to 18.88 dollars) or JPMorgan Chase & Co (0, 27% to 46.26 dollars).

Always on the side of values, yesterday, the U.S. oil group ConocoPhillips (0.02% to 55.97 U.S. dollars) has announced the sale of its Chinese Sinopec stake in Canadian oil sands project Syncrude for $ 4.65 billion dollars (3.42 billion euros).This is one of the largest investments ever made by China in North America.

The manufacturer of PDAs and mobile phones Palm (-13.08% to 5.25 dollars), would seek a buyer. Bloomberg said the investment bank Goldman Sachs and Qatalyst Partners were commissioned to find a buyer to the manufacturer of smartphones in serious financial trouble. Action Palm and jumped over 17% Monday to the New York Stock Exchange.

It's official! The president of employers' movement Ethic, Sophie Menthon, announced Tuesday on the airwaves of Europe 1, its official bid for the presidency against his current MEDEF Laurence Parisot ruling. Geoffroy Roux de Bezieux bench since its announcement in Le Figaro that he would not seek the presidency of the MEDEF, the campaign was revived with the announcement this morning.

"I want every business in France feel represented by the MEDEF" said one who had resigned just last year the ethics committee of the MEDEF. He added: "This is not the case today. The balance of Laurence Parisot is great, but it must go to the conquest of public opinion. I'm an activist and I will speak in the media. "

The high-profile president of the employers' movement Ethic acknowledged that 2009 has been difficult for the bosses. "They were attacked from all sides.To be closer to public opinion, he must reinstate a discussion now payday loan instant. And for that, it is better to have two candidates. "

"The MEDEF has more need of me than I of him"

On the issue of pensions, Sophie Menthon supports the position that Laurence Parisot has urged the government Sunday to push the legal age of retirement.

Sophie Menthon appeared hesitant when she had to clarify whether it would have the 50 signatures needed to be sponsors of the presidential candidate of the MEDEF. "I think so. I am driven by entrepreneurs.The MEDEF has more need of me than I of the MEDEF, "she says.

The campaign for the presidency of the MEDEF was launched last week by its current boss, Laurence Parisot, who is seeking a second term.

Candidates have until May 1 to declare the election to be held on July 1.

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This had not happened since September 29, 2008. Minutes before the close of Wall Street, the Dow Jones surpassed 11,000 points. Ultimately, the New York index closed at 10,997 points, up 0.64%. On the Nasdaq, it rose 0.71% to 2454 points.

Despite an increase in enrollment weekly unemployment and a shrinking numbers of consumer credit, U.S. investors appear to have courage and choose again, these days, for optimism. They show little worried, finally re-emerging doubts about the ability of Greece to honor its debts. Perhaps partly because, unlike the French or German banks, U.S. banks are not exposed directly to the crisis in Greece.Banks also suspects for 18 of them have, over the last 5 quarters, artificially reduced their debt just before the quarter end.

No significant new flag is expected before Monday, except on Friday, numbers of U.S. wholesalers' inventories for February, which rose 0.6% in February, more than expected, according to figures published Friday by the Commerce Department.

Yesterday, while European stock markets in the green-mountain this morning showed an average decrease of 1% of their stars indices, the Dow Jones closed 0.3% awarded in the S & P 500 also, and the Nasdaq Composite 0.2%. One way to greet the rise, much higher than expected, sales of major U.S. retailers: Index by Thomson Reuters, they rose in March by 9.1% against 6.3% expected, the highest since 2000.Taking advantage of some better weather, 28 distributors have seen their turnover increase by over 9% a year, a further sign of improving consumer confidence payday loans. GAP (1.06% to 24.85 dollars) has seen its turnover grow by 11% against 3.7% expected and Kohl's (0.37% to 56.84 dollars), 22.5 % against 12.4% expected. In the luxury, Nordstrom posted sales up +16.8%.

These values should continue to lead the coast on Friday, and Apple (0.77% to 241.79 dollars), which announced yesterday a new version of its operating system for the iPhone and iPad and sales 450 000 iPad since Saturday.

After the markets have reacted positively on Thursday, rumors of merger between the airlines U.S. Airways and United Airlines, the two companies have had mixed fortunes in the New York Stock Exchange on Friday.U.S. Airways lost 3.05% to 7.32 dollars, while UAL, parent of United Airlines has gained 1.33% to 20.50 dollars. UAL is in talks with U.S. Airways for a combination that would create one of the largest airlines in the world, according to The New York Times and the Wall Street Journal. This operation would be carried out no exchange of shares.

China's ambitions Tiffany (0.73% to 49.79 dollars), who wants to spend ten to thirty five the number of stores across the Rising Sun could give impetus to the value.

The California oil company Chevron (2.37% to 79.50 dollars a barrel) announced yesterday the results on the first quarter of 2010 as the fourth best in 2009. The group takes advantage of the rising oil prices and a possible improvement in refining margins.The major U.S. must publish its accounts on April 30.

In the pharmacy, the distributor McKesson Corp. (-0.06% to 66.56 U.S. dollars) has announced it will sell its Asia Pacific unit, which provides health services through telephone and Internet, Medibank Private Limited. Giant Australian health services and insurance.