Europe gives the time in Portugal to reform, Rehn said

15th March

Europe is ready to support Portugal in the implementation of economic reforms necessary for the country, said Thursday Olli Rehn, Commissioner for Economic and Monetary Affairs .

"To me, the solidarity of its European partners in Portugal gives the time required for the implementation of reforms," ​​he told the Portuguese parliament after he has e ; tee Lisbon asked if he needed a second aid plan after the first, 78 billion euros, decided last year.

Olli Rehn that he was not constructive to discuss the possibility of a second plane for Portugal, adding that the country should focus on its program of fiscal consolidation and re ; structural forms. 

Some economists believe that Portugal, like Greece, will need a second international aid plan.

Wednesday, Olli Rehn had felt that the situation in Portugal was not comparable to that of Greece.

He also said that Portugal was on track to achieve the goals set by the bailout of 78 billion euros.

Wall Street opens slightly higher after U.S. jobs

10th March

U.S. stocks open slightly higher Friday after the announcement of more new jobs than expected last month in the United States.

In early trade, the Dow Jones gained 0.16% or 20.17 points, to 12,928.76 points. The Standard & Poor's, wider, takes 0.25% or 3.49 points to 1369.38 points while the Nasdaq composite wins 0.3% (8.71 points) to 2,979.12 points.

The U.S. economy created 227,000 non-farm jobs last month, according to statistics from the Labor Department, and the unemployment rate remained at its lowest level in three years to 8.3%.

On the values ​​front, Monster Worldwide, the agency offers online job, gaining nearly 2%. Manpower is 0.2%.

The market is also supported by the announcement of a high acceptance rate of return for Greek debt.

Three years ago exactly, in a financial crisis, the S & P 500 posted its lowest closing level in 12 years, to 676.53 points. Since then, the index has more than doubled.

Side decreases, Texas Instruments lost 1% after launching a warning on its first quarter results.

Adecco simplifies its network in France, 500 jobs lost

2nd March

Adecco, the global staffing services, announced Thursday a simplification of its network in France which will result in the removal of over 500 full-time positions.

The measure, which will bring together networks Adecco and Adia, loads and require investment of 45 million euros to be included mainly in the second half of 2012, the company said in a statement ;.

Adecco, which France represents nearly 30% of total turnover, recorded in the Hexagon stable revenues of 1.46 billion euros in the fourth quarter of 2011, for a re RESULT operations (EBITA) of 62 million, up 8%. The margin improved 40 basis points to 4.3%.

Over the year, revenues and operating income in France rose 10% to 6.07 billion respectively, and 202 million euros.

In January, revenues fell 9% in France, told Reuters the group managing director, Patrick De Maeseneire. They grew at the same time by 2% in the U.S., said the CFO Dominik de Daniel.

At group level, revenues declined 1% in January, both on an organic basis as adjusted for working days.

"We see a slowdown, especially in Western Europe, as we have already observed in Italy and the Iberian peninsula in the third quarter. Only Germany and some Nordic countries are an exception, "said the CEO told Reuters

. STRONG DIVIDEND RISE

The restructuring comes amid Adecco confirmed its medium-term objective after numbers rather high expectations in the fourth ; me

. quarter 2011 net income attributable to shareholders fell to 133 million euros, against 141 million a year earlier and a consensus at 123 million. Turnover increased by 3% to 5.19 billion euros, as expected.

Of all of fiscal 2011, net income rose to 519 million, better than the forecasted 509 million, and revenue has grown from 10% to ; 20.54 billion, as anticipated.

"With the strong performance in 2011, continued price discipline and strict cost control, we are on track to meet our medium-term EBITA margin of over 5.5 %, "said Patrick De Maeseneire in a statement.

Adecco recorded in 2011 an EBITA margin up 10 basis points to 4%. The EBITA, expected 807 million over the year by analysts, has signed an organic growth of 14% to 814 million.

The Board of Directors will propose to the General Meeting a dividend increase to CHF 1.80 per share for the past year, 1.10 franc against the previous year. Markets expected 1.01 franc.

In exchange, the action of Adecco jumped 6.3% to 48.20 Swiss francs at 10:00 am (0900 GMT), signing by far the largest increase in the index of blue chips in Switzerland (0, 09%) and the largest increase in the European index of services (0.08%).

Analysts welcomed especially strong dividend increase, the proportion will grow at 40-50% of net income adjusted against 25-30% previously.

"But overall, the results are especially strong with a strong cash flow," said Michael Foeth, the bank Vontobel.

Same story at Kepler Capital Markets, where the analyst Matthijs Van Leijenhorst emphasizes that the competitor Randstad has registered a growth of 3% on a comparable basis, against 14% for the Swiss group.

Result and prospect of lower than expected sales for Dell

22nd February

Dell on Tuesday announced a profit below expectations on account of its fiscal fourth quarter and forecast sales below Wall Street forecasts for the current quarter This has reduced the action in the off-market transactions.

The world number three personal computers is expected to drop 7% of its revenue this quarter compared to the previous. Revenues for the fourth quarter being raised to $ 16 billion, this amounts to provide a revenue of $ 14.9 billion for the first quarter, while Wall Street expects about 15.2 billion.

The fourth quarter result also showed lower than expected despite healthy sales to businesses (5% yoy, to $ 4.9 billion).

But sales to the public sector showed signs of weakness (-1% to 3.9 billion). The consumer sales were down 2%.

"With a turnover of 65 billion dollars, it takes time to move the needle toward the most relevant sources of income of a strategic perspective. And for now, we do sees no sign of progress, "says the analyst of ISI Group, Brian Marshall. "It will take time for Dell to right the ship."

PC makers are struggling with falling demand, as consumers tend to turn increasingly to mobile devices like the Apple iPad, while floods in Thailand restrict the supply of some components.

Excluding items, Dell reported earnings of 51 cents per share in the fourth quarter while the market was expecting 52 cents.

Gross margin for the quarter was 21.1%, against 20% a year ago.

Eurovia subsidiary of Vinci won five contracts in the UK

3rd February

Vinci said Thursday that its subsidiary had won five contracts Eurovia maintenance of road infrastructure in the UK for a cumulative value exceeding 1.7 billion euros.

The contracts, whose initial terms ranging between five and ten years, covering all aspects of road maintenance, such as routine maintenance, inspection and repair works of Art, emergency response, snow removal and street lighting, Vinci said in a statement.

Two of these contracts were won through a joint venture with the American consulting firm Jacobs.

22nd November

Areva's strategic plan will not result in job cuts in France, said Tuesday the Minister of Economy, following a meeting with the CEO of French nuclear group.

The government so far ruled out job cuts, leaving the possibility of voluntary redundancies or job cuts by not replacing departures.

The president of Areva, Luc Oursel said at the meeting that the plan would result "no job cuts, no voluntary separation plan, no impact on the French sites," said Baroin reporters.

9th November

European households reduced by 0.8% think expenditures for gifts, holiday meals and outputs, according to a study released Tuesday. In France, spending will increase from 1.9% to 606 euros per household. French households plan to increase spending Christmas from 1.9% to 606 euros per household in 2011

Consumers in countries most affected by the debt crisis, such as Greece, are cut in their budget for Christmas, but the French and other Europeans should forget the rigor and loosen the belt a bit this holiday season, according to a study published Tuesday. Christmas 2011 appears as "the last opportunity to have fun, but without folly, before 2012 is awaited with concern," according to the Deloitte study, conducted among 18,354 consumers in 17 countries in September."The French may have gone too far" in some trade-offs since 2008 and "they relax a little," said Antoine de Riedmatten, a partner at Deloitte, saying they want to "have fun", but "with caution ". For 45% of them think that their purchasing power will deteriorate next year, against 36% last year.

Money and books at the top of desired gifts

The French buy more food and great brands for these feasts, having directed forward towards private labels. Similarly, they offer gifts to a few more people and make a little less gifts grouped, he says. If the criteria price and value guide further choices, well-being will also be preferred, as reflected in the intentions of gifts, third place in spa services, care or massage behind the chocolates and perfumes and cosmetics.

Exxon displays more than 10 billion profit in Q3

27th October

Exxon Mobil reported Thursday a 41% jump in earnings in the third quarter, slightly more than expected by Wall Street, thanks to higher oil prices and improved refining margins.

Several major oil companies like Royal Dutch Shell and Norway's Statoil, have reported in recent days of strong quarterly results due to higher oil prices.

The futures contract on crude oil traded in New York has averaged $ 90 per barrel in the quarter, up 18% over the same period in 2010, while Brent crude oil jumped 48% .

An hour after the opening of Wall Street, Exxon earned the title 0.2% to 81.17 dollars, underperforming the S & P of the energy gained 2.34%.

Exxon is investing heavily in the exploitation of shale gas, particularly in North America.

The benefit of exploration activity and production of Exxon jumped 54%, the refining of 36%. The group said that better refining margins helped boost the profit of one billion dollars.

2012 will be difficult for the employment of senior

19th October

After the improvement of labor market frameworks in 2011, the coming months are more uncertain, according to APEC. Companies are less likely to plan to recruit executives in the fourth quarter. The barometer of APEC are signs of loss of business confidence.

2011 promises to be a good year for executives with a job market that has "resilient" but uncertainties in 2012, with gloomy economic outlook, according to the quarterly barometer of the Association for the use of frameworks (APEC) on Wednesday. "The year 2011 will be a very good year. It is the certainty, it is behind us, as business investment have been supported," said the executive director of APEC Jacky Chatelain, at a conference the press.

"But at the end of this year there are also elements of uncertainty," he said.Thus, if a significant number of companies plan to hire at least a part in the 4th quarter, a smaller proportion than in the third quarter are in fact some of it. 53% of companies with more than 100 employees plan to recruit at least one frame between October and December, an increase of 4 percentage points year on year. But only 69% of these are certain to do so – against 75% last quarter.

In the third quarter, employment remained strong: 57% of companies with more than one hundred employees, or 3 points from the third quarter of 2010, recruited at least one frame. The job assigned to the Apec also increased by 59% over one year in the third quarter. Nearly 140,000 bids were entrusted to the association. "The engine of growth" was the area of ​​the Council and business services: 100% in the third quarter of 2011, against 73% over the same period of 2010).But since then, signs of loss of business confidence have emerged: in September 21% of companies felt that the economic situation had deteriorated over the past year, against 16% in June

Graduates most affected by this pessimism

This loss of confidence seems to work against graduates, for whom the "hiring intentions are down for the first time in two years," said Pierre Lamblin Director of Education and Research APEC.

In a context "uncertain", companies are looking more frames already trained more operational: 41% of companies planning to hire in Q4 target young graduates, a decline of six points in one year, according to the survey, result of telephone inquiries conducted by the company in September Gn operations, with a panel of 750 firms with over 100 employees, representing the private sector."This is not not a disaster," the proportion was only 22% in late 2008, said Mr. Lamblin. "But the question is: will it last and how long?".

While according to the INSEE, the overall unemployment rate in France could reach 9.2% of the workforce in the fourth quarter, the executive is now much lower, around 3.7 or 3.8%. But the conditions of re-employment of executives have deteriorated from the end of 2008 and the long-term unemployment has increased frames. Today, a third of managers are unemployed for more than 12 months.

GE boss understood the outraged Wall Street

17th October

Confidence will be key to reviving growth in the U.S. economy and soothe the anger that swells around the global financial system, determined by the Director General of General Electric, who said he understood the movement of "outrage" of Wall Street.

Jeff Immelt, who heads the world's leading manufacturer of aircraft engines and electric turbines is also senior adviser to President Obama for employment and the economy.

"Until we have restored confidence, we can not move forward," he said at a conference organized by Thomson Reuters in New York.

He called for exercise of "empathy" with respect to the crowds of protesters occupying Wall Street and parade through the United States last month to denounce the excesses of the financial system, inequality and the economic crisis.

"Unemployment reached 9.1%. Underemployment is even higher, especially among young people without a university degree," he listed. "It is natural to assume that people are angry."

"The only way to solve this particular problem is growth," he said. "If unemployment is falling, people will feel better.If unemployment rises, people will feel even worse, what happens on Wall Street, no matter what the reform of finance. "

Jeff Immelt also commented on the debt crisis in the euro area, which worries financial markets worldwide and has already pushed major banks like Bank of America and JPMorgan Chase to announce layoffs.

"The most likely scenario is that Europe has a low growth for a long time," he said.