BIC provides a moderate growth in sales in 2010 because it anticipates a slowdown in the second half. The first part of the year was solid with improved operating margins in 2010 compared to 15.3% in 2009.
The specialist pens, lighters and razors in a statement reported a 41.3% jump in net profit [...]
Societe Generale brought forth its own monster: the system Kerviel. It is this belief by hammered three hours on Friday, lawyers for the former trader, Me Nicolas Huc-Morel and Mr. Olivier Metzner. "Jerome Kerviel has been formed, formatted, can be distorted by Societe Generale." "It is his creation, a being in a virtual world [...]
A denied "categorically". Fabrice Tourre, a trader at the heart of the case heard Goldman Sachs on Tuesday by U.S. lawmakers, denies all charges against him and issued against the bank by the SEC, the U.S. financial policeman. In his written testimony, he denied the charge of the market authority that it did not [...]
Two days before the next general meeting, UBS expects under its first-half net profit of 2.5 billion Swiss francs (1.7 billion euros), a figure twice in the fourth quarter of 2009 when bank had earned 1.2 billion Swiss francs (817 million euros). For 2009, UBS posted a loss of 2.7 billion Swiss francs (1.9 [...]
As on Wall Street, the financial professionals in France have, for nearly half (46%), received bonuses for 2009 exceed those seen in 2008, according to the latest survey of eFinancialCareers. Com, the site specialized jobs in this sector in France. The bonus increases were more numerous in Germany (54%) and the United Kingdom (57%). [...]
Casino will offer to pay shareholders a dividend of 2.65 euros for fiscal 2009, an amount of 4.7% higher than that given under the previous year.
This increase reflects the performance of distribution group in 2009. In fact, Casino recorded a net profit group share of 543 million euros, 8.6% above the profit [...]
Facing speculative attacks against the single currency, countries in the euro area were preparing to fly to the aid of Greece. According to a source close to the German government, they would be agreed in principle to help Athens on the eve of a special European summit, convened Thursday evening in Brussels. The information [...]
More than three days to hunt for bargains: the winter sales started January 6 will be completed February 9. According to a survey by the Chamber of Commerce and Industry of Paris (CCIP), 53% of Parisian merchants expressed disappointment with these balances. For 55% of them, "the result of these items is lower than [...]
A giant and one giant British have published good results. And this is the sector that benefits. Precisely what happens this Thursday on the financial markets: Cisco Systems and Vodafone have both reported results beyond expectations that suggest an improved outlook for the telecommunications industry as a whole.
In exchange, Paris, France Telecom [...]
In presenting his 2010 budget to Parliament, Giorgos Papakonstantinou did not mince his words. The Greek finance minister said the "state of emergency we have a deficit of nearly 30 billion and a debt estimated at 300 billion euros," he said. The economy is close to insolvency and sow confusion in the eurozone weakened [...]