Aug 28

The Federal Reserve Chairman United States, Ben Bernanke said Friday that the economic recovery had slowed more than expected and the Fed was prepared, if necessary, to adopt additional measures to support the activity.
"The committee (monetary policy) is ready to implement further monetary easing through unconventional measures, if necessary, especially if the outlook [...]

Aug 26

The distributor of ready to wear women Etam Thursday reported a jump in operating profit in the first half, thanks to China, but also an increase in its debt.
The group identified the first six months of the year operating profit of 18.1 million euros, an increase of 175.7% over one year.In Europe, profit [...]

Aug 4

Dow Chemical reported earnings below expectations in the second quarter, an interruption of production at three plants dwarfing sales jump, all industries and all regions.
Accordingly, the action has opened down 6.8%.
The measures undertaken in these three plants to increase their operational speeds began earnings per share (EPS) of 7 cents and [...]

Jul 23

The results of resistance tests passed by 91 European banks confirm the overall resilience of the banking system of the European Union, said on Friday in a joint statement the European Commission, the European Central Bank and European bank regulators.
The results announced Friday by the Committee of European Banking Supervisors (CEBS) show that [...]

Jul 9

The Paris Bourse was up in early trade on Thursday and back above 3,500 points after a sharp rise in New York, buoyed, like Europe, by bank and by the optimistic forecasts on State Street the quarterly earnings season.
The European markets have embraced the methodology of stress testing of banks in Europe and [...]

Jun 17

Spain is the subject of any concerns this week. Financial Times highlights the massive refinancing of Iberian banks from the ECB while El Econmista, a Spanish newspaper, described the preparation of a plan with 250 billion euros to avoid a crisis of "liquidity". A rumor that only reinforce the arrival of Dominique Strauss-Kahn in [...]

Jun 17

In explanation improbable fake emails Jerome Kerviel told Wednesday, the 7th day of his trial how he had circumvented the controls that, throughout 2007, were astonished abnormalities detected in its operations. "Whether it's stupid, stupid, I grant you that (…) but I was in a spiral … it was a boulevard, has once again [...]