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Closing on a rise from 0.65% late Wednesday, Wall Street has ended three consecutive sessions of decline. The U.S. central bank reassured investors by announcing that it would continue its policy to support the economy of the United States.

Despite the mixed performance of Asian stock markets on Thursday morning, the CAC 40 index continued its rebound movement began Wednesday. And the more so as oil prices are starting to rebound on Wednesday, surpassing the $ 100. In electronic trading in Asia, the black gold coast 100.23 dollars.

At the opening, the index in Paris gained 0.59% to 4001.32 points. On the stock market in Frankfurt, the DAX 30 rose 0.78% to 7360.47 points, for its part, the Footsie-100 from the London Stock Exchange ahead of 0.62% to 5960.32 points.

On the macroeconomic front, no indicator is expected in France.However, several are in the U.S.: the weekly claims for unemployment benefits (1430), home resales in April (16 hours), the composite indicator of economic activity in April (16 hours) activity in the Philadelphia area in May (16 hours).

Air France-KLM returns to profit

Air France-KLM: 1.43% to 12.06 euros

Air France-KLM announced in a statement it had returned to profit in 2010-2011, with a net profit of 613 million euros after a loss of 1.55 billion a year earlier.

EDF: 1.17% to 28.86 euros

Eric Besson confirmed Wednesday that the wholesale price of nuclear electricity EDF will sell to its competitors will be far from 42 euros per megawatt hour (MWh) from 1 January 2012 against the advice of the Regulatory Commission Energy (CRE) payday loans lenders.

Vinci: 0.67% to 43.60 euros, GDF Suez: +0.40% to 26.29 euros, Areva: +0.12% at 30.20 euros

GDF Suez, Vinci and Areva said Wednesday they have jointly respond to the bidding of government for the development of five wind farms off the French coast as part of a program of dévloppement 6000 MW offshore.

Vinci could also interest in the activities of German Hochtief concessions if it were to sell them.

LVMH: -1.37% to 118.60 euros

The redevelopment of the Samaritan woman, owned by LVMH, has been finalized and will be open for public consultation from May 20

In addition, in the case LVMH / Hermes, the Paris Court of Appeal will consider the appeal filed by minority shareholders against the decision of the AMF to allow the group to lock Hermes capital.Hermes was down 0.11% to 174.90 euros.

Plastic Omnium: 3.19% at 22.63 euros

Plastic Omnium buys the activities of gas tanks of Ford in the U.S. through its subsidiary, Plastic Omnium Auto Energy.

Soitec: + 2.80% to 10.45 euros

Soitec said Wednesday that the activity continued to expand its markets suggesting a positive outlook despite unfavorable exchange rates.

LinkedIn assesses its value to three billion dollars in its IPO issue addressed yesterday with the Securities and Exchange Commission, Constable of overseas markets. American professional social network is about to score this month on the New York Stock Exchange.

The startup has warned that its growth could slow in the future, investment is expected to increase the capacity of the site. The site could not even be beneficial shareholder this year. In 2010, it has recorded fifteen million dollars profit on a turnover of 243 million. This income was 78 million in 2008.It has also surpassed the hundred million registered end-March, with 102 million accounts free credit report and score.

Some analysts remain skeptical of the optimism LinkedIn whose business model is based on recruiting, marketing solutions and profiles "premium" pay, is very different from sites like Facebook or Zynga, very popular with investors, who rather seek to consume their users via their interfaces. Despite these differences, the IPO of LinkedIn will probably be a good barometer for gauging the success of quotations from other social networks, eagerly awaited.

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Baroin, the budget minister, and Georges Tron, the Secretary of State for Public Service will receive Tuesday the union as part of the "rendezvous pay" annual. The daily Les Echos, the meeting should end with the announcement of a new freeze on civil service salaries for 2012. This ad may be cringe at a time when Xavier Bertrand, Minister of Labour speaks to legislate the private companies that distribute dividends paid a bonus of 1000 euros, an amount that is not the taste of the Economy Minister Christine Lagarde.

Bercy and should announce a freeze of the index used as the basis for calculating the salaries of officers, as Georges Tron had suggested: "There is still room for maneuver. The imperative remains the absolute master account. "Something the department had also already taken in 2011, which would make 2012 the second year without an increase. "An extension of last minute is very unlikely according to several sources familiar with the matter," says Les Echos.

This gel is motivated by concern for fiscal restraint. The same source, the cost of an increase of the index point is valued at 900 million euros per year for three public (state, territorial and hospital), which employ 5.2 million workers.

Progressions individual

To mitigate the discontent union which will surely result from this announcement, Bercy social partners could propose a new "route point" at the end of the year, with the possibility of a "future act" if the growth jumped, "or, as we approach the presidential election, the political urgency moves the lines."

Georges Tron nevertheless wishes to clarify that "freezing point is not to freeze wages." He said the natural play of automatic career advancement and accelerated promotion – which represents an annual cost of 1.2 billion euros in state guarantees individual pay increases. Also according to ministry data, the purchasing power of workers has increased steadily for several years and will continue to do so in 2011 "The INSEE statistics confirm this increase for 2007 and 2008 but the figures do are not yet available for 2009 and 2010.

Finally, state employees will donate again in 2012 half of the savings related to job cuts, about 600 million euros complemented by measures already on the track as the launch of the incentive and extension of the merit awards.Twenty million euros could be distributed in the form of housing or childcare.

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For, even today, some investors, for regulatory reasons or psychological prefer local funds, managed in their country. For example, some institutional funds that buy German German law, established by management companies located in Germany. The new directive will also drop this barrier by allowing management companies to launch European funds under German law, French, English … without being based in those countries. A British manager based in London and will offer French funds, or German, for example, investors in these countries.

Investors can more easily compare products.The document key information for investors (Dici), each of these investments will be staffed, will be established in the same format for all societies in all countries.

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Tunisia empties she's tourists? The reactions of tour operators about the recent events diverge. But Thomas Cook began the forced repatriation of its 2,000 customers in Germany and its 450 Belgian tourists. In Belgium, Jetair decided to do the same. "Because of incidents in Tunisia and the tightening of travel advisories by the German Ministry of Foreign Affairs, Thomas Cook AG has decided to repatriate to Germany our customers," said the German subsidiary of the tour payday loans no teletrack. All his departure from Germany and Belgium respectively, were canceled until 17 and 21 January.

French side, no return is expected, both at Thomas Cook France than its competitors. "Our tourists are in resort areas (…) we have had no request for return," assured the president of Ceto Rene-Marc Chikli (see video).

The player has to use default in the articles of figaro.fr

"There were mistakes, and as CEO of the station, I assume," hammered on Sunday Guillaume Pepy, coming this Sunday on the train Strasbourg case-Port-Bou. On the night of December 26 to 27, a cascade of events had caused a delay of 13 hours for 600 passengers on board. A fiasco explained in the internal investigation report by the planning of drivers, weather and strikes called "wake up". This is the notice filed for the evenings of 24 and 31 December which, under various pretexts, are in reality only one objective: to allow agents scheduled to work night party to stay home.

The chairman of SNCF has admitted that a strike of this kind, around the Christmas day in Dijon, was a factor in the incredible "galley" of passengers of the Strasbourg-Port-Bou. "These strikes are then triggered mainly by SUD-rail for many years.They are constitutional. To be legal, they are nonetheless extremely shocking. Their goal is to disrupt the public service when the French are most needed, "commented the president of SNCF, criticizing a" moral vacuum ". Refusing to designate a "scapegoat," Guillaume Pepy has ensured that there was "human error" but no "individual fault deserving punishment." He also emphasized that the vast majority of railway workers had "worked a snowy during the episode" and that some had even returned to work for themselves while they were on leave.

"Emergency Plan"

Chairman of the SNCF, Guillaume Pepy, has announced an "emergency plan" for 12 lines "sick" of the station, as the Paris-Amiens and Paris-Tours or the RER line A."On each line, we will set up a barometer of public satisfaction, which will be measured each month," he said. Asked about the cost of such a plan, Guillaume Pepy said the bill would amount to "several tens of million euros", drawn from the "benefits" of the group are wholly reinvested. Car, confirmed the pattern of the public company, the SNCF has been a recipient last year, despite "a few hundred million euros" for losses in the transport of goods. Its turnover rose by 4%. In 2009, the station had lost almost a billion.

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On the eve of the holiday season, Areva offers a nice gift. It is not in the register as expected. The French group, world leader in nuclear power, has indeed won a contract worth 400 million euros in offshore wind. Made official Thursday, the order calls for the construction, implementation and maintenance of 40 turbines of 5 megawatts M5000 (MW) each. These facilities are for the park Borkum West II, located in the North Sea.

Commissioning is planned for 2012-2013. Thanks to the 200 MW installed, Areva will supply electricity to some 200,000 homes. Often double as the contract signed with Trianel, an association of several German utilities, including an option – exerting in 2011 – for forty additional turbines. Incidentally, the French group was pleased that "eleven of the first rank banks committed themselves to fund this project."Evidence at his eyes firmly believe that investors in the development of green electricity.

Areva, which regularly insists on its uniqueness as an energy "low-carbon" – nuclear over renewable – the niche has invested in wind energy in 2007, taking 51% of the German manufacturer Multibrid payday advance low fees. Last spring, he bought the remaining 49%. Multibrid became Wind Areva, a 100% subsidiary of Areva and solely dedicated to offshore wind.

The company currently boasts some 600 MW of projects. It has already commissioned six turbines M5000 Alpha Ventus, the first German offshore wind farm, also located in the North Sea, 45 km from Borkum.

Candidate in France

For the moment, France is still far behind Germany and especially Great Britain in development of offshore wind.However, the government is considering launching a call for tenders for all the French coastlines. A project of over 10 billion euros had sketched Borloo before leaving the Department of Ecology.

Even if the specification is yet to be finalized, the group led by Anne Lauvergeon is already in the running. Like all large energy companies, hoping that such tender will be discriminating, "as to the operators select the most serious," says one expert on the issue.

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The CAC 40 pauses on Wednesday after two consecutive sessions and declined slightly by 0.01% to 3928.92 points at the halfway point. Concerns over debt and Moody's warning on Greece and Ireland could affect investment decisions. The day before the U.S. indices ended the session up to the inverse of Asian stock markets finished the session which have declined. Eyes will be on Wednesday to the United States publish their sales growth for the third quarter this afternoon.

The Nikkei index of Tokyo Stock Exchange ended the day on Wednesday with a decline of 0.23%, investors, disappointed by the Japan External Trade Statistics and cautious before a holiday, having opted to pocket profits dealers said.

Statistical publications are many on Wednesday.Moreover, the U.S. GDP in the third quarter, investors be concerned with resales. In Britain, the growth figure for the third quarter will also be announced and the balance of payments and the minutes of the Bank of England.

When Moody's puts Portugal and Spain under pressure, the debt figure for 2010 fall. Unsurprisingly, the year 2010 was undoubtedly, in developed economies, that of the explosion of public debt. Thus, the net debt service of the U.S. state has increased by more than two trillion dollars for fiscal year 2010. The same applies to the United Kingdom: the country's public deficit widened more than expected in November to 16.8 billion pounds (19.8 billion euros) a month, or 2 billion higher than November 2009.The German and French indebtedness reached record highs.

As for values, alternative energy supplier Poweo, listed on Alternext climbed 1.19% to 5.12 euros. The group announced on Wednesday its withdrawal from production activities of electricity, sold for 120 million euros to its shareholder, the Austrian Verbund, "the only way to survive," according to its president.

In ACC 40, the largest increase returns to LVMH (2.27%). The group said it holds more than 20% of Hermes (3.22% to 164.40 euros, the biggest increase SBF 120) as a result of market purchases on and off the market, continuing its mounted in the capital of the group, while reaffirming not consider taking control or launch a takeover bid easy pay day loans.

Veolia advance of 0.47% to 22.47 euros.The community service group has signed a contract worth over one billion euros in turnover over one year to the operation of three regional trains in Bavaria, confirming information of The Tribune. This contract is the largest of Veolia Transport in Germany.

Total symbolically back 0.06% to 40.51 euros. The oil group announced its intention to make its debut in the Brazilian sugar cane Amyris via its partner in order to produce a series of biochemical products. By partnering with Brazilian companies, Total wants to claim 5% to 10% of the production of sugarcane in Brazil by 2020.

Moreover, the U.S. would Genzyme, the Wall Street Journal, now more willing to discuss with the group Sanofi-Aventis (1.06% to 49.74 euros).The U.S. laboratory said so far his opposition to any negotiations so that Sanofi would not raise its offer as inadequate.

The works of EDF (-0.30% to 31.76 euros) will wipe almost 90 million euros in losses this year and needed an unprecedented austerity plan to restore its finances, according to Les Echos.

CAC40 off, Ingenico (-1.44% to 27.09 euros), which on Sunday rejected an offer on the entire company, said Tuesday evening that he had received no firm offer and was not conducting any discussion on its capital.

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Ranked by the Financial Times as the worst finance minister in Europe, Brian Lenihan presented Tuesday before the Irish Parliament – the Dail – the budget the strictest in the history of the island, imposed by the EU European and International Monetary Fund (IMF) in exchange for a loan of 85 billion euros.

Submitted to a vote of MPs in three stages, the 2011 budget provides for 6 billion euros in savings (4% of GDP), including 4 billion cuts in public spending to 2 billion euros in taxes. The sacrifice budget is equal to that imposed on Greece. It aims at reducing the public deficit of 32% of GDP today to 11.6% in 2011, and 3% of GDP in 2014.

The unpopularity of the government of Brian Cowen, under strong pressure from the street and the media, makes the outcome of the vote uncertain, which does not fail to worry the bond markets.Investors fear a crash with Irish impact on the rest of the eurozone.

Aware of risk, "Taoisoach" promised early elections once the budget is voted in early 2011. The financial survival depends Ireland. For loan of 85 billion euros from the EU and IMF will be paid once the 2011 budget adopted.

A first vote on the revenue side of the Finance Bill was expected Tuesday night. A second on the expenditure side will speak Thursday. A third of the overall effort is planned for early 2011.

Experts expect the Irish Parliament, ultimately, a green light for MPs, who fear bankruptcy if the rescue was delayed.But this vote will not be easy, evidenced by the actions of party leaders on Tuesday in the Dail.

Banks accused

While the center-right government presented the sacrifices required to be "balanced", highlighting the wage cuts of Prime Minister (14 000 euros per year), ministers (10 000) and senior officials, the parliamentary opposition J. burden "unfairly distributed" and "too brutal" for the middle class.

Members deem excessive price to pay for the banks, while the state has spent 30 billion euros to recapitalize them and taken responsibility for all debts of banks. This is the rescue of the banking sector that has exploded the deficit to 32% of GDP, creating panic in the markets of the State debt.Some 35 billion euro rescue plan will go to repay creditors of Irish banks, including British banks. To lighten the burden of Ireland, the IMF supported a restructuring of part of the debt of banks on the island. One option firmly rejected by the ECB and the euro area.

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Steve Jobs, Apple CEO, had promised during his last speech, he prepares a "big surprise" by the end of the year. And if this was it? The iPhone could be sold with its own integrated SIM card (not provided by an operator) for Apple to directly manage its subscriber base and short-circuit the telcos.

The information revealed by the U.S. site GigaOm, is loud. Even if none of the actors involved in this case does officially comment.

The transformation from a manufacturer of telephones in mobile virtual network operator (MVNO) would upset the economy of the system. The opening of such a breach would mean that eventually, the incumbent operators (France Telecom, Bouygues and SFR in France) would lose control of their customer base and even control their offering.They should then be content to rent their networks to actors who, as could Apple sell them. With any transfer of profit induced. The icing on the cake, the SIM card, which is rumored to have been developed with Gemalto, could afford to switch networks to choose the best offer. That would boost the price war.

In addition, it will mean that Apple would be the only seller of its iPhone in its stores virtual or real. A prospect that has something to annoy the operators denied the windfall provided by the marketing of this smartphone. And accept such conditions for a manufacturer would also lead operators to extend the same to other cash advances pay day loan.

A new model

This is not the first time that Apple would do the forcing to change a business model. Apple Store, it has already managed to take control of application vendors.Apple is one who manages customer relationships and know their consumption patterns. What he can, in turn, manage the flow of advertising revenues and pocket. Certainly, when you buy an application, the developer receives 70% of income while the remaining 30% going to Apple, but it is the latter who has knowledge of the credit card number of the customer.

Google has attempted a similar challenge with its Nexus One sold only online. Faced with the reluctance of U.S. carriers, Google has finally yielded in order not to jeopardize the chances of Android. But the iPhone is an essential product. 14.1 million units were sold worldwide during the last quarter. What gives Apple more weight in negotiations. Gemalto could be the weak link. The sale of SIM cards is half of its turnover.Difficult in such conditions, to take risks losing half of its outlets. The inventor of the smart card has already been under pressure, what he denies.

The question remains whether consumers are willing to put all their eggs in one basket and to entrust their entire mobile consumption to one speaker, it was there Apple.