Jan 29

More than a year after being cleared by the AMF, the Lagardère Group announced Friday it had been indicted by two magistrates for insider trading in the sale of shares in EADS.
Several former executives of Airbus and EADS and Lagardère groups are suspected by the court to have received inside information before the [...]

Jan 28

Pharmaceutical companies AstraZeneca and Novartis have been cautious in their forecasts Thursday, in a context of patent expirations and pricing on the downside.
While announcing a better than expected in the fourth quarter of 2010 and the acquisition of four billion shares (2.9 billion), Britain's AstraZeneca, as its Swiss competitor, has warned against the [...]

Jan 27

Publicis announced Wednesday the acquisition of the British advertising agency Chemistry for 14.45 million pounds (16.70 million euros).
Publicis, world number three in terms of advertising revenue, said in a statement it offers 37 pence per share Chemistry in a transaction paid in cash only.
"The board of directors of Chemistry recommends the [...]

Jan 25

Johnson & Johnson on Tuesday released a disappointing sales held by investors, including sealed by a sharp drop in sales in the U.S., and issued forecasts below expectations for 2011.
The title fell by 1.52% to 61.28 dollars at 15:35 GMT.
The diversified health group has reported a profit of $ 1.9 billion, [...]

Jan 24

Sanofi-Aventis announced Monday a further extension until 15 February in his bid for the U.S. group Genzyme at the same price of 69 dollars.
The offer of the French laboratory, whose hostile bid of 18.5 billion dollars on the rare disease specialist has expired Jan. 21, is extended to 23 h 59, AM New [...]

Jan 21

The European stock markets closed higher Friday's session, supported particularly by the banking sector has responded positively to the decision of Spain to accelerate the restructuring of the savings banks in the country.
The CAC 40 index in Paris closed up 1.33% (52.61 points) to 4,017.45 points, its highest level since April 20, 2010. [...]

Jan 20

The turboprop aircraft manufacturer ATR announced Thursday it had sold 80 new aircraft in 2010 and has set the objective of delivering an average of 70 aircraft per year from 2012 and release in the coming years a turnover of order of $ 1.8 billion (13.3 billion euros).
The total orders for 2010, including [...]

Jan 19

The President of the MEDEF hopes that the presidential election is an opportunity for a debate on working time. For her, the 35 hours are very negative for the French economy.
Laurence Parisot wanted Tuesday, January 18 that "presidential debate" for the election of 2012 takes the issue of 35 hours, she was again stigmatized [...]

Jan 17

The global market remains well supplied and stocks should rise in the first half of the year, OPEC said Monday, while noting its forecast for growth in world oil demand.
This forecast is increased by 50,000 barrels per day (bpd) to 1.23 million bpd in 2011, said the Organization of Petroleum Exporting Countries in [...]

Jan 15

The member of Ille-et-Vilaine estimated that the amount and duration of unemployment benefits in France are too high. According to the official UMP, it does not promote return to work.
The UMP Pierre Méhaignerie judge that unemployment compensation is excessive in France, "not conducive to the resumption of work" and offers "redeployment" of some of [...]

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