Financial News, Economic Education, Analysis

Cable & Wireless Worldwide has risen sharply Wednesday in the London Stock Exchange, on rumors of interest from U.S. rival AT & T.
The group was not immediately available for comment on this information.
At mid-day, action, Cable & Wireless gained 5.24% to 70.3 pence, after a while jumped nearly 13% in the [...]

Saffron Monday denied preparing a bid for the capital of the aerospace supplier Zodiac although it remains convinced of the value of a rapprochement.
The communication specialist aerospace engine manufacturer Snecma's parent, spoke in response to an article in financial daily La Tribune has reported in its Monday edition that a takeover bid was [...]

Rio Tinto has committed to increase its investment to sustain growth after reporting earlier in the day a record net profit in the first half, thanks to buoyant sales of iron ore in China.
The second largest producer of iron ore, a key component in steelmaking, will increase its investments by 50% in 2011, [...]

The Japanese company Astellas Pharma has announced a fall of 18.2% of its current quarterly earnings and sharply reduced its annual earnings forecast, to take into account the cost of a license extension and the impact of yen appreciation .
Astellas said it would again cut its earnings outlook after the publication of its [...]

The Paris Bourse has picked lower Thursday in the opening exchanges in the wake of Wall Street affected by pessimistic about Fed Chairman Ben Bernanke on U.S. growth.
At 9:28, the CAC 40 was down 0.36% to 3481.19 points.
Rodamco Unibail-resistant, with a gain of 2.9%, largest increase in ACC after the announcement [...]

U.S. stocks open down sharply on Tuesday after disappointing quarterly results published judged by a number of big names from the coast.
In the first exchanges, the Dow Jones fell by 1.4% to 10,012.90 points while the Standard & Poor's 500 broad leaves 1.3% to 1057 points and the Nasdaq composite lost 1 7% [...]

Delta Air Lines, world's largest airline, announced Monday it had returned to profit in the second quarter, thanks to the resumption of international air traffic.
The group sees growth in its turnover due to economic recovery, after two difficult years for the airline industry faces a sharp decline in demand.
The company's net [...]

General Electric reported Friday a 16.1% increase in net income for the second quarter 2010, ending a run of nine consecutive quarters of declining results, the industry group that benefited from strong demand for equipment in the areas of health and energy.
The leaders of the U.S. giant, however, cautioned against some signs of [...]

General Motors is expected to file his IPO in mid-August, we learned from sources close to the matter.
General Motors is also in talks with banks for a revolving credit line of five billion dollars.
Bank of America, Citigroup, JPMorgan Chase and Morgan Stanley have each agreed to provide $ 500 million loan. [...]

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 key measure for achieving this and the decline of the statutory retirement age to 62 years. And a whole series of other measures, which help the rich, business, [...]