The CAC 40 rose 0.63% to 3808 points to 9.30. The record of the FOMC November 3 and 4 shows that members of the Monetary Policy Committee of the Federal Reserve are increasingly confident about the sustainability of the recovery in the United States. The leaders of the Fed provided a GDP of 2.5 to 3.5% yoy in the fourth quarter of 2010, against 2.1 to 3.3% announced in June It will however take time before employment can not go back. Unemployment, which reached 10.2% in late October, could begin to decline as early as January.
A battery of economic data will be published in the United States today, with at 14:30 for the month of October, expenditures and household incomes, the durable goods orders and registrations for weekly unemployment benefits.Will be issued 16 hours, the index of consumer confidence in Michigan in November and new home sales in October, and 16:30, the weekly oil inventories.
Dominique Strauss-Kahn said in an interview with the daily Le Figaro that the euro is probably a bit much. However, it is very difficult to determine beyond doubt the equilibrium value of currency he said.
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SFR, a subsidiary of Vivendi, has selected the service ToowayT Eutelsat to deploy in France offer Internet access to broadband satellite that allows it to meet the needs of its customers not eligible for ADSL. The amount was not disclosed.In addition, Vivendi (+2.80%) has issued a bond loan of 1.2 billion euros in two tranches in order to lengthen the average debt and maintain a satisfactory balance between bank finance and bond lines.
The executive committee of Areva (0.50%) would oppose the bid submitted by Alstom, Schneider tandem on its subsidiary Transmission and Distribution (T & D), indicates Voices.
France Telecom (+1.82%) and the Danish TDC will merge their subsidiaries Swiss Orange Communications and Sunrise Communications. France Telecom will pay 1.5 billion euros to TDC and will ultimately 75% of the new entity, TDC has the remaining 25%. The merger is expected to generate net synergies of 2.1 billion euros.
Remy Cointreau (+0.06%) announced in the first half of its 2008-2009 fiscal year a net operating profit organic growth of 2% to 65.5 million.Net profit stood at 39.8 million euros.
Net income group share of Fimalac (1.98%) was 22 million euros, up 7.8% on the year 2008/2009. Current operating profit amounted to 141.8 million.
In the 1st half of its fiscal year 2009/2010 (ended in late March), Solucom (0%) achieved a turnover of 48.3 million euros, slightly organic growth of 1%.
In the first half of 2009-2010, the net loss Generix (-3.51%) amounts to -1.9 million euros, against -1.2 million a year ago. The operating loss doubled to -2.5 million.
Faurecia (2.97%) did not intend to issue new shares for future acquisitions, says CEO, Yann Delabri?re.
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