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Unibail-Rodamco said Wednesday night anticipating a growth in recurring earnings per share by about 4% this year after suffering a weaker than expected decline in 2011 in the context of consumption, however, difficult and unstable. Europe's leading commercial real estate has also maintained its target of annual growth in recurring earnings per share of between 5 and 7% on average over the period 2013-2015. "For 2012, the group remains confident about the growth in rents. This perspective is based on strong fundamentals: a low vacancy rates, as limited effort, rents rise and cost of debt content "said in a statement Unibail-Rodamco. The company explains that caution is when the impact of the crisis in the euro area consumption and the situation of teachers, however, can not be ignored. "The net assets has increased, thanks to growth in rents, which is a very positive point. ANR spring with a premium of 15% over the share price, which shows the value remains price, "said Thomas Aubert, the French manager at AM. Before the publication of these results, Unibail-Rodamco has indeed ended with a gain of 2.72% to 150.80 euros, compared to its net asset value (NAV) ERPA triple net stood at 130.70 euros at end-December (4.9% compared to end 2010). Analysts consensus Thomson Reuters I / B / E / S awaited a NAV 131.18 euros. PRIME on sales net rents stand at 1.262 billion euros in 2011 against 1.257 billion a year earlier. Shopping centers on net rents reached 984.1 million euros last year, up 2.4% year on year. At the end of December, the recurring earnings per share of the group came out down 2.6% to 9.03 euros, 8.89 euros against expected by analysts. When publishing its interim results in July, the group reiterated its outlook for a decline in recurring profit for 2011 of between 3% and 5%, given the impacts the exceptional payout in October 2010 and its program of asset sales. Unibail will propose to the General Meeting the payment of a dividend of eight per share in cash, representing a distribution of 89% of its recurring earnings per share as the market expected an average 8.08 euros. Despite the difficult financial markets in 2011, the group rated "A" by rating agencies Standard & Poor's and Fitch Ratings, has raised a total of 3.1 billion euros of new financing , medium and long term, in the form of bank loans and bond issues. "It is also interesting to note that even on desks, Unibail managed to achieve growth while all sales were made at a premium," said Thomas Aubert, the net rents of offices increased by 4.2% on a constant basis. Unibail-Rodamco, the market capitalization of 13.8 billion euros, sold 1.084 million euros of non-core business assets and 242 million euros of assets from offices in 2011, with an average premium of 7.8% over the last values ​​of external expertise. The portfolio of development projects of the group, who will deliver this year including the mall Lyon Confluence, the end of 2011 amounted to 6.9 billion euros, 1.5 billion already spent. The market value of the portfolio of Unibail-Rodamco amounted to 25.9 billion euros late last year, up from 1.4 billion end of 2010.

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The Tokyo Stock Exchange ended Friday in a piecemeal, according to a new low of two and a half years in session for the Nikkei, while France and Germany have not reached the day before to convince investors of the imminence of a consensus on the answer to the debt crisis.

The Nikkei lost 0.06% (-5.17 points) at 8,160.01 points, while the Topix, broader took 0.52 points (+0.07%) to 706.60 points.

For the week, the two indexes have lost respectively 2.6% and 1.9%.

At the conclusion of a tripartite meeting in Strasbourg between the Italian Prime Minister Mario Monti, the French president Nicolas Sarkozy and German Chancellor Angela Merkel, the latter reiterated his opposition to any change in the mandate of the European Central Bank (ECB ) and the introduction of Eurobonds.

"Some investors bought oversold values ​​in the afternoon (Japan), but concerns about the situation in Europe remains" Judge Kenichi Hirano, Tachibana Securities.

The rating agency Moody's warned Monday about the risks posed by the rise in yields on French government bonds on the rating of sovereign debt of France in a context of uncertainty on growth.

"The sustained high funding costs amplify the fiscal challenges facing the French government in a context of deteriorating growth prospects, with negative consequences on credit", written Kockerbeck Alexander, an analyst at the agency.

Moody's announced in mid-October that it would monitor and assess the stability of the perspective of the French Aaa rating within three months.

Fever market does not seem to stop. So many voices calling for the ECB buys massive amounts of government securities in difficulty to break the panic and speculation. But is this really the solution? ECB

In the state of current market panic, the ECB is more than ever figure of last bastion of the euro area. Provided, however, she agreed to play this role … Italian interest rates still evolving around 7% Thursday, an unsustainable level on the scale of a few months. And fears of contagion from France have propelled the difference in interest rates between Germany and France to a new record (204 basis points difference, France into debt at a cost of more than two times higher).Sign that it is a disruption of markets, interest rates of other states in the euro area AAA rated – such as Finland or the virtuous Netherlands – are also affected.

In this context, increasing the pressure on the European Central Bank in order to redeem government bonds heavily attacked. The Nobel Prize in Economics Paul Krugman recently called for greater involvement of the ECB. "It should send a clear message and say" we buy as many (sovereign debt) than necessary. "In France, many economists on the left are also campaigning on this issue. Even in Germany, there are voices in this sense Like Peter Bofinger, an economist and adviser to the German government. "It's not attractive … But we must clearly realize that it's an emergency.

Coca-Cola, the world of soft drinks, will invest $ 2 billion (1.46 billion) in India by 2017 to develop its activities in this rapidly growing market.

This represents the total investment in India over the past 18 years by the U.S. company.

Coca-Cola India and its partners wish to invest in marketing and brand image, the extension of distribution networks and the development of production capacity, the company said in a statement.

Coca-Cola employs 25,000 people in India, whose growth is the second fastest in the developed economies, it added.

Mersen, ex-Carbone Lorraine, which confirmed its 2011 objectives, supported by strong solar activity, and Asia, said he was careful, however, for 2012 due to economic climate remains uncertain.

The specialist in graphite solutions and electrical components still expects a double-digit organic growth and operating margin above 12% of its turnover.

"The macroeconomic environment is what it is, that is to say today very uncertain, so there is little visibility (for 2012)," said Thomas Baumgartner, CFO, at a conference phone.

"The growth of Mersen was very strong across all areas (…) And we recorded very high billing in the sun ", he added, however.

The group reported Tuesday sales up 11.1% at constant exchange rates in the third quarter to 207.8 million euros, an increase of 14.1% in the first nine months of year to 627.1 million euros.

"Asia represents over 25% of consolidated turnover of the group, over 37% Europe and North America 32%, so we have a well balanced business," observed the Chief Financial Officer group.

Mersen began several years ago marked a profound change in its output segment of the automobile and its focus on solar, wind and emerging markets.

The stock closed Tuesday up 2.12% to 28.19 euros, giving a market cap of around 559 million euros. Since the beginning of the year, as yields 17.81% after rising by 35% in 2010.

European shares opened sharply lower Tuesday, financial and cyclical stocks in the lead, continuing a decline the last two sessions in markets still dominated by fear of failure Greek and a return to recession.

Following a meeting of finance minister in the euro area, the President of the Eurogroup Jean-Claude Juncker said that the private sector into the background of aid to Greece should be reviewed to reflect of the degradation of the economy and European markets.

At 9:38, the CAC 40 was down 2.51% to 2853.30 points and a loss of over 6% since last Thursday.

"It is clear that these concerns about Europe are not going away anytime soon, as long as markets remain dominated by this fear, the downward pressure should continue to prevail. The meetings of European finance ministers who stand in Luxembourg have already lead to a series of statements that move the markets – again primarily to the decline, "said IG Markets.

Other major European markets, London yields 1.95%, 2.57% Frankfurt and Milan 2%.The pan-European Euro Stoxx 50 index lost 2.5%.

The banking sector is still one of the largest declines, dragged down by Dexia, which collapsed after holding an emergency board on back of speculation of dismantling the group.

In this context of anxiety and risk aversion, the performance of the German government bond (Bund) is relaxed to 10 years again, to 1.72%, 1.81% against the previous day.

The euro continued to decline and is trading at 1.3174 / 78 dollars, against 1.3181 the day before the end of the session.

Similarly, a barrel of U.S. light crude lost another $ 1.31 to 76.30 dollars amid concerns about global growth.

The very slight decrease (-0.1%) the number of job seekers with no activity was offset by higher (0.5%) of the total number of people seeking work, including those engaged in a reduced . Agency employment center in Nice

The number of job seekers without work (Category A) in France has declined slightly in August from 0.1% after three months of increases, to 2.754 million people, according to figures released Monday by the Ministry of work. However, the total number of people seeking work, including those engaged in a reduced (categories A, B and C), has again increased in August by 0.5% the previous month to 4.148 million in people.This number is up 4.3% year on year.

After four months of reflux from January to April, unemployment has gone the way of rising from May to July along with the slowdown in growth (which was nil in Q2). In total, since the beginning of the year, the number of job seekers without work rose 29,000 people. The increase over one year (from August 2010) is 2.3%. It is 4.3% over the year including applicants who have worked reduced.

By age, the situation improved slightly for young people but deteriorates again for seniors.The number of job seekers in all categories, under 25 years decreased by 0.4% in August on a month (-1.3% yoy), while that of job seekers over 50 years increased by 1.2% (+14.6% yoy). The long-term unemployment also continues to grow: the number of registered unemployed for over a year has increased 0.6% from July and 8.7% year on year. The average length of job seekers registered in categories A, B, C, end of August 2011 is 455 days.

Unemployment remains at 9.3% at end 2011

A month, entries for the end of fixed term contracts (-0.2%), redundancy (-5.5%), first entries (-6.4%), times of activity (-3.6 %) and other cases (-4.8%) declined. Entries for other layoffs are stable. Those for the purpose of temporary assignment (5.2%) and resignations (+1.2%) have increased Revenge.The outputs for employment times reported (-4.6%), came into training (-14.7%), research stops (-5.2%), radiation administration (-11.1%) and other cases (-8.1%) declined. Radiation for failure discount for their part, rose by 6.1%. In total, the number of entries is higher than output.

The government is committed to increasing the unemployment rate below 9% by the end of the year. Unemployment insurance for its part considers that rising unemployment will continue this year and 2012. According Unedic, the number of job seekers without work is expected to increase again this year to 36,700 and 55,500 in 2012. In all, the end of 2012, 2.8 million people and 4.4 million inactive with reduced activity would be included on the lists of employment center.

A study released today by Coe-Rexecode is hardly more optimistic.According to the Institute of conditions close to the business, the GDP should grow lights this year by 1.7% and 1.2% next year. The French economy would create 195,000 jobs in 2011 and 115,000 in 2012. The level of unemployment, however, remain high at 9.3% and 9.1% end 2011 end 2012.

GDF Suez and Spanish Iberdrola announced Friday they would wear 50% participation in each NuGeneration, a joint venture created to develop a new generation of nuclear power in Britain, following the decision of Scottish and Southern Energy (SSE) to withdraw from the joint venture.

GDF Suez and Iberdrola, in a joint statement, reiterate their "strong commitment" in NuGen and adds that "there is no reason for the decision to interfere with the SSE project or schedule."

"As expected, the final investment decision should take place by 2015 for commercial operation of new nuclear power plant around 2023," they affirm.

Wall Street opened the session Wednesday up timid, investors playing the card of caution before the results of the two-day meeting of the Monetary Policy Committee of the Federal Reserve (FOMC).

In early trade, the Dow Jones gained 0.22% (25.50 points) to 11,435.98 points. The Standard & Poor's, largest, advanced 0.34% (3.82 points) to 1206.16 points while the Nasdaq composite gained 0.85% (22.07 points) to 2612.21 points.

The markets expect the Fed decides to influence long rates to support economic activity, an action similar to that conducted in the 60's and so called "Operation Twist". The release is expected around 18:15 GMT.

Values, General Motors rose 0.71%.The CEO of GM has expressed concern about the risk of a recession in the U.S. but it does provide a recovery in demand because of the need to replace an aging fleet in the major economies.

The technology sector gets its game after Oracle reported Tuesday a quarterly revenue slightly exceeded expectations and delivered a better than expected profit forecast for the current quarter.

The work of the specialist management software database jumped from 7.37% in early trade, while Adobe, which also announced better than expected forecasts for the fourth quarter, advancing 5.8%.

Pepsico appreciating the title of 1.65%. The group announced the creation of a board comprising its divisions drinks and food in order to achieve economies of scale, and reaffirmed its outlook statement for 2011.