Financial News Headlines

Airbus has received orders for aircraft Jan. 91, again dominated by the single-aisle A320 family which are largely due to sales performance record of the European aircraft manufacturer in 2011.

The EADS subsidiary, which recorded no cancellation last month, has garnered particular orders for 52 A320s and 32 A319, according to the monthly statement issued Monday.

The U.S. company Spirit Airlines confirmed last Wednesday an order for 75 A320s, valued at seven billion dollars (5.3 billion) at list prices, including 45 units of A320neo, improved version of the single-aisle Airbus flagship, which had already been recorded in 2011.

Airbus also recorded in January an order for 51 single-aisle aircraft from the Colombian company AviancaTaca. 

The company UAE Etihad Airways has on his side past the end of January a firm order for two A330-200F freighters.

Airbus has sold almost twice as many planes as Boeing in 2011, after winning his bet with a more fuel efficient version of its A320. European and delivered more planes than its U.S. rival for the ninth consecutive year, recognizing that it would have trouble keeping the commercial advantage in in 2012.

Airbus, which is 600 to 650 orders this year after a net total over 1,400 units in 2011, suggested that Boeing would win the race this year for the first time since 2006.

Airbus expects to deliver approximately 570 aircraft in 2012, of which 37 have already been delivered to customers in January.

The term fast cash does not refer to money that falls from the sky. It refers to the money obtained through a cash advance.

Sign that the subject is growing, studying the Assembly on Thursday a resolution to develop the "Made in France". Almost all candidates are trying to ride the wave of re-industrialization and the premium Franco-French. Decryption. The show of the Patrouille de France at the 24 Hours of Le Mans June 11, 2011.

The "Produce French" was on a roll. Not with consumers who are now unable to say whether the product they buy is French. But with the presidential candidates, who feel that the niche is a carrier in France suffering from deindustrialization and offshoring. In April the presidential campaign will be "made in France" or will not … as evidenced by programs across the political spectrum.  

"Label France" to François Bayrou, "social VAT" which does not say his name to Nicolas Sarkozy, or "green tax" European borders for Francis Holland, no shortage of ideas to revive the power of the large French industry. Sign that the subject is back, the National Assembly must still vote on Thursday a resolution of the UMP group to develop the made in France. "We can not accept a plate made in China with a French grip is marked Made in France", said Christian Estrosi, the former minister of industry, which requires that only products with more than 55% French-made can be labeled lights

To observers, the subject is particularly appropriate at this time of crisis. "The produce in France reflects a strong concern in France," said Brice Teinturier including Ipsos. Marine Le Pen has understood, she makes out of Europe and the imposition of border taxes, one of the central axes of the program.

According to the Ipsos polling institute, the thrust of François Bayrou in the polls would also be put on the account of his industrial chauvinism. "In the collective imagination, very hard on this issue, a great nation is a developed country, the rank of France in the world is partly linked to this," said Jerome Fourquet of the FIFG, author of a note on the French and deindustrialization.

The evidence in recent weeks with business Seafrance, Lejaby and Petroplus, who met an important echo in public opinion. And immediately rushed to the bedside of candidates employed in trouble … In late January, during his televised speech, Nicolas Sarkozy assured that it "would not drop the" factory of Lejaby Yssingeaux. Mission accomplished on Wednesday, with the guarantee of a Franco-French buyer, supplier of LVMH. In December Francois Hollande was going to visit the factory Eolane coming to repatriate the production of digital tablets of Taiwan in France. Examples of many that reveal a certain state of mind. When France finally announced this week that it had "almost" sold its Rafale to India is the patriotism of all the French that seemed to vibrate at the same time.

Now the candidates are fighting over who introduced the theme in the campaign. François Bayrou claims to be the first to have spoken, but the UMP to dispute the paternity of the concept in 2009, Yves Jégo was commissioned by Nicolas Sarkozy to write a report on the "Brand France". However all are cautious to ride the wave red white blue. They probably fear of being accused of being anti-European and playing the withdrawal. Recently, Pascal Lamy, the WTO chief warned states against the return of protectionism in times of crisis. And each G20 member states undertake to protect no matter what free trade.

Remains how far will the candidates in their promotion of "industrial patriotism" as described Francois Hollande. "Stay there be in the scoop and the incantatory speech or do we put the hands dirty?", Says Jérôme Fourquet. "The risk is that these ideas are only recovered by the political extremes, and they definitely go out of public debate," laments Stamberger Benjamin Masse, co-author of "Inevitable protectionism," and journalist for L'Express.

Ultimately, everything may depend of the evolution of the candidates in the polls. If Jean-Luc Mélenchon with his "European protectionism" were to make a breakthrough surprise, this could change all that …

The German group E. ON community service expects to eliminate nearly 11,000 jobs, or about 14% of its workforce, to reduce its costs after the Berlin decision to phase out nuclear by 2022.

This figure is at the top of the range between 9000-11000 items discussed by the group last August, when the announcement of a restructuring of its operations.

"In the present state of our preliminary assessments, the number of jobs to be eliminated will be in the top of the announced range from 9,000 to 11,000," said the world number one industry by turnover.

The German group had 79,457 employees at the end of September.

A report by the Court of Auditors highlights communication costs without justification and without competition, often to the benefit of society Giacometti-Péron. Prime Minister Francois Fillon held a press conference at Matignon on a new austerity plan August 24, 2011

The Court of Auditors report a pin in communication costs the government (surveys, coaching), engaged in conditions "questionable" on topics far removed from some public action, and often to the benefit of society Giacometti-Péron. Pierre Giacometti, adviser to President Nicolas Sarkozy, is one of the leaders of this consultancy and strategy.Funding "survey on personal image of Ministers or distant subjects of government action is debatable," she adds.

As in 2008, with the study commissioned from the Institute Médiascopie on the "level of support generated by the remarks made by the Department of Defense" (Hervé Morin at the time), but also that "others "during the show" Make up your mind "of September 11, 2008. Or studies requested by the Department of Justice "about how media coverage of Rachida Dati," the Chancellery from 2007 to 2009, or on the image of the former Minister of Ecology Jean-Louis Borloo.

Expenditures "questionable"

"In general, the relationships between government and external service providers are not always consistent with the rules of public procurement," say the judges.

European shares opened up, consolidating their gains from yesterday, and moving towards their best monthly performance in 30 months in the hope of resolving the debt crisis.

In Paris the CAC 40 gained 0.34% (11 points) to 3380 points to 9.30. Renault jumped 4.8%, signing the second performance of the index the day after announcing record sales in the third quarter thanks to markets outside Europe and confirmed its objective of free cash flow and sales.

The FTSEurofirst 300 index of blue chips in Europe, which gained 10.6% since the beginning of the month, could register its biggest monthly increase since April 2009, although there is a decrease of 9% over the year.

The Stoxx European banking sector ahead 0.9% after jumping 8.9% the day before.The index remains down 23.5% over the year.

Credit Agricole and BNP Paribas are among the highest increases in the sector, gaining 4.3% and 3.8% on the Paris Bourse.

Exchanges could continue to rise next week in anticipation of the G20 summit on 3 and 4 November, Judge Edmund Shing, strategist at Barclays Capital actions, however, recommends that investors not to run after the market too aggressively.

"The next key event is held in just one week. Meanwhile, the shares can probably gain more ground," he said.

U.S. stocks ended sharply higher Friday as investors welcoming the results exceeded expectations of big names from the coast and anticipating a positive outcome to the crisis of debt in the euro area.

The Dow Jones gained 2.31% or 267.01 points to 11,808.79 points. The Standard & Poor's has been 1.88% or 22.86 points to 1238.25 points.The Nasdaq Composite was awarded 1.49% or 38.84 points to 2637.46 points.

For the week, the Dow rose 1.3%, the S & P 1.1% but the Nasdaq fell 1.1%.

Obstacles remain on the path to solving the crisis in the euro area and major differences still separate France and Germany, but investors appreciate that the leaders of the euro area are set a deadline to Wednesday.

A meeting between Nicolas Sarkozy, Angela Merkel, José Manuel Barroso and Herman van Rompuy will be held Saturday night in Brussels on the eve of the summit of the EU and the euro area on the debt crisis. This meeting will be preceded by a bilateral meeting between French President and German Chancellor.In addition, the principle of a new special meeting of the Eurogroup summit by the euro area on Wednesday, is also acquired.

In addition, the finance ministers of the euro area approved Friday the release of the sixth tranche of aid to Greece. This round of eight billion euros must now be approved by the International Monetary Fund.

This is the third week of up to the S & P, the most since February. The benchmark index fund managers will have to get out of the range 1230 and 1250 in which it tends to evolve.

On the values ​​front, McDonald's reported a better than expected for the third quarter. The value ended with a gain of 3.7% to 92.32 dollars.The index values ​​of consumption has advanced 2.8%.

Honeywell International jumped 5.8% to 51.28 dollars. The industrial group has raised its profit forecast after better than expected quarterly accounts.

General Electric has instead yielded 1.9% to 16.31 dollars. Investors are questioning the lower margin of the power equipment sector industrial conglomerate, in spite of the consolidated results as expected.

The S & P industrials, which includes GE and Honeywell, ended with a gain of 1.9%.

According to data from Thomson Reuters, the 133 companies in the S & P 500 that have released their quarterly accounts on Friday, showed 68% of profits above expectations.

A government report concludes that the proportion of poor in the population fell by two percentage points between 2006 and 2009. Associations contest.

Poverty has declined in France in 2009, according to a government report Wednesday quoted by Liberation, but the calculation is disputed by the associations and does not match that of the INSEE. In this "Report to Parliament" from the Ministry of Solidarity and Social Cohesion that has purchased the newspaper, "the proportion of poor in the population increased from 13.1% in 2006 to 11.8% in 2009" .

This report on "monitoring the goal of reduction of one third of poverty in five years," must be made public every year since 2009. The Ministry was not immediately able to provide this document. According to Liberation, he cites specific figures: there were 7.5 million poor in 2007 and 7.1 million in 2009.

But the report is based primarily on an indicator, "income poverty rooted in time" that keeps the poverty past, simply adjusted for inflation. It is not the same as published annually by INSEE, namely the indicator of "relative poverty", which takes into account the evolution of the median. It is criticized by many associations aid the poor, as ATD Fourth World, which believes that its method of calculation is mechanically lower the poverty rate.

The latest study by the INSEE published in late August, the proportion of people living below the poverty line or less than 954 euros per month, increased in 2009 to 13.5% of the population living in metropolitan France. In 2009, 8.2 million people were considered poor, against 7.84 million in 2008, detailed the Statistical Institute.

In an interview Wednesday Liberation Solidarity Minister, Roselyne Bachelot, said the report was "in some way a reflection" of the financial crisis. "Poverty is a complex phenomenon that can not be measured through a single indicator," she also said.

The Spaniard David Ferrer, seeded No. 3, qualified Saturday for the final of the Shanghai Masters 1000 at the expense of his compatriot Feliciano Lopez, a score of 6-7 (5) 6-3 6-3 .

Ferrer is a first Masters title in 1000, after his failures in the final in Rome in 2010 and in Monte Carlo this year against another of his countrymen, Rafael Nadal, world number one then.

For the title, it will face the winner of Sunday's second semi-final between Britain's Andy Murray, the fourth world and winner of the tournament in Bangkok and Tokyo over the past two weeks, the Japanese Kei Nishikori, who reached for the first time this stage of the competition in an event of this category.

Three parties of the government resigned Slovak and the main opposition party have agreed to support a strengthening of the European Financial Stability Fund (EFSF), TA3 television reported Wednesday.

The leaders of three of the four parties in the coalition government had met earlier with Robert Fico, the opposition party Smer, following the rejection by members of the text EFSF reform and the resignation of the government was liable to the vote.

A new vote in Parliament to be held by no later than Friday, said Robert Fico.

The government accepted the holding of early elections in March 2012 and will remain in the opposition Smer thus far, he added.

Slovakia is the last member state of the euro area has not ratified the plan, which strengthens the powers of the EFSF to fight against the debt crisis. Ratification by each of the 17 member countries is required for its entry into force.

A spokesman of the majority party SDKU had previously indicated that a second vote in Parliament could take place as early as Thursday if an agreement was reached with Smer.

Veolia Environnement has recently sold Eolfi Asset Management, his investment company specializing in the management of funds investing in solar and wind power, reported Monday the newspaper La Tribune.

Eolfi AM was purchased by its president and founder Alain Delsupexhe, which confirmed the operation but refused for now to communicate about the subject, the paper said.

Without specifying the amount of the transaction, a spokesman for Veolia told The Tribune qu'Eolfi, a subsidiary of Services Group had sold property investment company, which manages 113 million euros of assets, seeking Eolfi focus on its core business, the development of wind and solar projects.

No one was immediately available for comment at Veolia.