Financial News, Economic Education, Analysis

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 [...]

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 [...]

Marc Touati, Associate Director of Global Equities
This topic is more socially and economically. In the current crisis, it is even very controversial, very "dangerous". We must therefore take tweezers in the formulation of the analysis to avoid offending the spell …
I. The model of solidarity to the French: the world's best [...]

The CEO of Hewlett-Packard Co., Mark Hurd, under investigation for sexual harassment, resigned Friday, said the U.S. computer group.
Hurd, who was head of HP since 2005, will be replaced by Chief Financial Officer Cathie Lesjak, who will serve as interim executive director.
According to HP, an investigation into allegations of sexual harassment [...]

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 manufacturing sector in the euro area in June recorded its slowest growth in four months, show the final results of the investigation Markit.
PMI final Markit purchasing managers stood at 55.6 in June, a level consistent with the flash estimate and slightly lower than the 55.8 for the month of May
It [...]

The British finance minister George Osborne presented an austere budget, reducing spending and raising taxes, while announcing the establishment of a tax on banks to reduce the deficit.
The Chancellor of the Exchequer said that state spending would be reduced by approximately 25% over the next five years, while the VAT will be raised [...]