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LVMH invited the General Assembly of Hermes and is a sensation. With its 20% stake acquired last fall, the group Bernard Arnault has publicly responded to very hostile statements by the family heirs of Hermes. Through the voice of his vice-president, Pierre Gode, the second largest shareholder of Hermes tried to convey a "message of peace" after six months of conflict.

The meeting was opened Monday afternoon at the Palais des Congres de Paris, in a further demonstration of muscle vis-à-vis this new shareholder. After his interview Monday in Le Figaro, Bertrand Puech, spokesman for the families Hermes, repeated his charges on "a series of aggressive moves against our house started to weaken and destabilize.""I want to say how pleased I am shocked at the methods used against our people and our families to invite them to join a company with which we are universally hostile." He once again reiterated the commitment of the family "who wants to keep control of the jewel."

At the opening session of questions, Pierre Gode has seized the opportunity to "denounce the trial of facts to LVMH for" with "force if not violence." The right arm of Bernard Arnault said LVMH's position in the capital of Hermes was "perfectly legitimate what anyone says," and that "in no case it can not be questioned." Bertrand Puech had asked the group Monday to sell half its stake. "LVMH has invested at Hermes for the long term and not meant to be a passive shareholder but not a shareholder activist and active but peaceful."As evidence, he pledged to vote on resolutions proposed at the meeting. He also assured that LVMH had never tried to destabilize Hermes, which would be "madness", "absurd" and put "anyone challenged to provide any evidence." "It is my hope that the bickering stop artificial, baseless and fruitless," he said.

The heirs of Hermes and officers have received more than freshly intervention. Ironically, Bertrand Puech has "taken note" of this "new era". Already tense, the atmosphere is therefore became somewhat rough. A small shareholder speaking then laid a new charge against LVMH and her boss, described as "predatory," "cynical" and "disingenuous." This has pushed back its representative, who asked officials at the meeting to maintain order and prevent about "defamatory".The meeting was also marked by the attempt of another individual shareholder, Patrick Repplinger, to deprive the family of Hermes voting rights because of its proposed holding heritage together a majority shareholding which, he said , amend the Control of Capital. This shareholder, whose application was rejected, is already causing an appeal against the decision of the AMF to authorize the project.

A reconciliation between Thales and Safran would be back on the agenda. Rumors of marriage between two French groups regularly return to the front of the stage, but this time the state would be to maneuver, reports the daily Les Echos. Despite the failure of recent negotiations last year, the OEM aerospace and electronics group had engaged "in discussions on a constructive fashion," the newspaper said.

The newspaper added that the previous defense minister, Alain Juppe, have pushed for a resumption of negotiations.The state shareholder and largest customer of both groups would want more support two competing consulting firms and advocates a merger of two groups of military assets to reduce costs.

Distrust of employees

Besides the savings from a union of military assets in both groups, the State believes that marriage is relevant from a strategic perspective. The reconciliation of optronics Safran and Thales that would indeed rise to number one in the field, with over one billion euros in revenue. The approximation of the cluster inertial navigation would also be justified.

However, last year and for the same reasons, the government had pushed for such an approximation, but in vain.The outlook for mergers and optronics business inertial navigation had aroused the suspicion of the employees who feared a possible breakup of their business.

But in early March, the CEO of Thales Luc Vigneron said his group was "open to talking with Safran because we are two major international groups, based on French, who have a mutual interest to strengthen an exchange of complementary assets." Remains whether the new defense minister, Gerard Longuet, will be more convincing than its predecessor.

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Sunday, many children will go to the Easter egg hunt. A religious symbol, synonymous with abundance and renewal, but also an opportunity to enjoy chocolate in all its forms. "Easter is the traditional appointment with the French chocolatiers. The values ​​of sharing and conviviality carried by the support chocolate consumption during the festive periods, "explains Florence Pradier, general secretary of the union of chocolate.

So last year, purchases of other chickens and rabbits chocolate rose by 3.87% over the same period of 2009. In total, 13,400 tons were tasted in France to mark the Easter weekend, an average of 223 grams per person. At the sales charts, eggs, large or small, still occupy the top of the podium, even though dinosaurs or dolphins have appeared in the windows of chocolate."The large eggs or small eggs filled chocolates, milk and black are the most requested," said Arnaud Tavares, manager of the store of the Marquise de Sevigne in Paris' sixteenth arrondissement.

A distribution channel with bakeries and pastry shops account for 15% of chocolate sales in France as against 85% in supermarkets. "For us, Easter is the strongest period of the year before Christmas," Sophie adds, director of the Museum of Chocolate in Strasbourg, where traditionally it is the Rabbits and hares are popular. Taking into account the Christmas sales, which are chewed 33,800 tons of chocolate, these two periods of the year totaled more than 12% of annual sales of chocolate from France payday loans guaranteed no fax.

The price of cocoa beans has doubled in two years

"During holidays, the French are more likely to eat chocolate with an increase of 600 tons sold at Easter and Christmas 2010, the two highlights traditional chocolate consumption," says Florence Pradier. With 6.3 kg per capita in 2010, 378,000 tons, France is the 5th-largest consumer of chocolate behind Germany (11.3 kg), the European leader, and the United Kingdom (10.9 kg), his heir apparent.

In the kingdom of His Majesty, the Gauls are distinguished particularly because they are much more dark chocolate lovers as the rest of the British. The fans see it as the "only real" chocolate. In fact, dark chocolate is 30% of consumption in France, against 5% in other EU countries.During the year, the shelves are especially popular with just under a third of sales, ahead of sweets, appetizers, and other rocks, totaling a quarter of sales. The rest is divided between the spreads (19%), cocoa powder (15%) and chocolate bars (11%).

However, doubling the price of cocoa beans in two years following the civil war in Ivory Coast that supply 40% of the world, has curbed the appetite of the French. The shelf price of which is the benchmark rose 10% in two years. Result: chocolate sales on the single period of 2010 decreased by 2.9%. The question is how the market will evolve after the lull in Abidjan. Difficult to read in the dregs of cocoa!

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Malkin family, which controls the majestic Art Deco skyscraper overlooking Manhattan, plans an IPO for a new real estate company that will include the building of 106 floors. Everyone would theoretically invest in the tower of 381 meters climbed by King Kong film from 1933.

Still be there as Malkin cross some obstacles. In particular, obtain the consent of the heirs of the millionaire Leona Helmsley, their main partners, and about 3400 other co-investors. In the middle of New York real estate, we can already imagine the rat race. But Malkin has proven, since their takeover of the skyscraper five years ago after a bitter struggle with the eccentric billionaire Donald Trump, they had flair guaranteed payday loans.They restored the decorations of the Art Deco lobby, added a touch of green in the older building will reduce energy consumption by 40% and, especially, more than double the rent of offices, which remain among the most prestigious Manhattan.

At a time when the real estate sector rebounded in New York thanks to foreign clients, it might be a wise investment. Still, co-owner or not the Empire State Building, it will always pay $ 20 at the entrance to climb up.

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Just unveiled the proposal to regulate the PS rents raised an outcry among real estate professionals. First, some believe that rental inflation is not a national problem. "Today, with the exception of the Paris area and some very large cities, rents are down. This is the case, for example, in Clermont-Ferrand, Saint-Etienne and Nantes, slides Jean Perrin, president of the UNPI (National Union of Property Owners) 4500 which brings together property managers and realtors.

"For investors who benefit from Scellier, rents are already capped, argues Guy Nafilyan, CEO of Kaufman & Broad France. In Paris, the square meter is rented more than 21 euros or 35 euros against 34 on the open market. "

As to specificity Paris, Jean Perrin was surprised that the Socialists do not know all the aspects."Each year, the state issued a decree blocking the rents in Paris, says he. But it is not respected. The tenants are so happy to find a home, none complains to justice. "

Above all, most real estate experts believe that rent control will not serve the interests of tenants in the medium term. "The danger is to lead to a shortage of rental properties with the key to a new higher price, said Laurent Vimont, general manager of the network of estate agents Century 21. Should this measure be implemented, those who buy an apartment for rent prefer to sell it online payday loans. As for potential investors who are reluctant, they would turn away from real estate. "

A bad precedent

In fact, many are convinced that this proposal is a false good idea."If the rent freeze was the right solution, we have established long time," said Bernard Cadeau, president of the network of estate agents Orpi. "The 1948 law that blocked the rents did not stop their surge," said Francis Bertière, CEO of Bouygues Immobilier. Others are not convinced that such a policy would be a plus for the national economy.

"If the state was embarking on such an adventure, it would be to restore purchasing power to the French, argues Serge Ivars, President of the USA (Union of Real Estate). However, lowering the rating of the tenants, it would lead to taking money to owners who are often small savers. "

In fact, to avoid an escalation of rents, it would be better to thoroughly review the policy of building."As France has not quite built for forty years, there is a housing deficit estimated at 1.2 million, explains Bernard Cadeau. For the reverse, it would build 500,000 houses per year. However, it does not exceed 300,000, which exacerbates the hole. "And to reverse the trend, it will take more than a miracle solution.

Despite the rise of the franc, the Swiss watch industry is growing again. In 2010, exports of the sector amounted to nearly 12.3 billion euros, or 22.1% more than in 2009-results that reflected their pre-crisis level, due to the vivacity of Asian market.

After a year of slowdown, how brands have they faced the recovery? Some had anticipated the rise in sales. "In late 2009, our results were already excellent," says Jean-Claude Biver, CEO of Hublot watches. We bought more raw materials and hired 60 people! "Other chains have also relaunched the recruitment as Breguet, Tag Heuer and cores. Some, finally, forcing customers to wait. "For a Panerai or a Montblanc, it can go up to a year, said H. Roderich Hess, former CEO of Montblanc Switzerland.Customers know that the luxury watch requires exceptional skill and they patiently wait. "

The industry is optimistic, however, hampered by the rise of the franc. In an interview with the magazine Bilanz, the director of Swatch, Nick Hayek, estimated at 380 million euro loss for 2010 sales caused by depreciation of the euro. The competitiveness of the Swiss watch has declined.

To fix an exchange rate to their disadvantage, producers have raised prices of their watches: +5% in 2010 for Audemars Piguet and Cartier, who think all over again, like Jean-Claude Biver. "While ensuring the value of our currency on forward markets, we have adjusted our prices four times in 2010, an increase of about 20%," says he.

Subcontractors affected

The rise of the franc was not all bad.It allowed the watchmakers to buy at lower prices for raw materials and components abroad. A strategy has its limits: to get the "Swiss Made", these companies must in Switzerland at least 80% of manufacturing costs for mechanical watches.

If large groups are doing well, this is not the case for their sub-contractors, some 600 Swiss companies that still show the effects of the crisis. "They are affected first and the last to resume growth as brands sell their stock before ordering new," said Jean-Daniel Pasche, president of the Federation of Swiss Watch Industry. After losing 20% of its turnover, the director of Pac Team, Alain Borle, "sees a light at the end of the tunnel.Watchmakers have not really launched new programs, but I think imminent. "

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The CAC 40 is reluctant to take on the leadership on Thursday. The benchmark index of the Paris Stock Exchange, which closed yesterday in the green, symbolically advance of 0.06% to 4051.50 points on Thursday halfway through. In the morning he changed course several times. The London Stock Exchange ahead of his side of 0.27% and the Dax in Frankfurt at 0.52%.

European stock markets are trying to follow in the footsteps of Asian markets this morning, have opted to increase, despite the mixed signals sent from Wall Street. The U.S. stock market closed Wednesday at equilibrium, before the verdict of the Fed. The U.S. central bank has unsurprisingly chosen to maintain its full arsenal of support for an economy as it considers further weakened. Moreover, the Congressional Budget Office said it expects a record deficit of 1480 billion.

Caution remains, however, while putting more indicators will be published in the day.In France, first of all, the consumer sentiment, which had plunged in December after three months of improvement, was still somewhat degraded in January, the new indicator that summarizes the point in having lost 85 points, according INSEE.

The same applies to the entire euro zone economic sentiment decreased slightly in January, higher morale, industry leaders did not offset the increased consumer gloom in the light of figures released on Thursday the Commission European. Also note, the demand for credit companies, encouraged by the economic recovery, increased in late 2010 in the euro zone for the second consecutive quarter in two years, announced Thursday the European Central Bank (ECB) .

Then, in the U.S., the Commerce Department will issue orders for durable goods in December and the weekly jobless claims.Finally, still overseas, will be unveiled figures promises to sell in December.

Note that the side of the currency, the euro surpassed $ 1.37 Wednesday, while the greenback was mistreated after the speech by the Fed. The single currency has even touched 1.3722 dollars, the highest since late November 2010. On Thursday morning, the European currency started to fall against the dollar.About 11 hours in Paris, the euro was worth 1.3688 dollars.

Several turnover expected

Carrefour – 1.12% to € 33.70

The title Carrefour retreated Thursday morning at the Paris Stock Exchange, while the group will have to pay fines in China after having misled its customers about the price, which could harm the image of the dispenser very present in the country.

Lafarge: -3.82% to 44.25 euros

The title of the cement was affected by several cuts of recommendation from managers who link including high exposure group to Egypt cash advance america.

Aperam: + 6.02% to 31.7 euros.

Fruit of the division of stainless steels, Arcelor Mittal, Aperam continues to generate interest in the wake of its first listing and pending its release CAC 40 after the close Monday.

Plastic Omnium: + 3.71% to 59.50 euros

The group on Thursday issued an annual turnover up 32.2% to 3.25 billion euros, supported by sales of its branch "car" (+37.9% to 2.78 billion euros) and its branch "environment" (+6.2% to 471.6 million). Plastic Omnium said it expects 2010 earnings of "strong growth".

Sanofi Aventis: -0.02% to 51.39 euros

The CEO said Termeer GenzymeHenri unlikely that Sanofi-Aventis appealing directly to the shareholders of the U.S. biotech while discussions between the two of them are making progress.Sanofi-Aventis has extended again until February 15 under the same terms is $ 18.5 billion in total, its offer to buy U.S. biotech group.

Essilor: + 0.54% to 48.43 euros

The world leader in ophthalmic lenses has signed eight partnerships in the world for a total of 40 million euros, with a "major" in Brazil, he says in a statement Thursday.In this country, "the group has taken stakes in Embrapol Sul, located in the Paraná region and achieving about 9.3 million euros in turnover in Tecnolens (Bahia, 7.3 million euros) and Farol (Rio Grande do Sul, 7.2 million euros). "

Technip: + 3.58% to 71.80 euros

The group announced an investment project, unencrypted, to strengthen its capacity to manufacture flexible pipes in Brazil to produce larger volumes and high-tech products.

Fimalac: + 0.81% to 31.25 euros

The group has published a consolidated turnover of the first quarter 2010-2011 of 169.3 million euros (+20.2% on a reported basis and 5.6% on a comparable basis).After capital reduction for Lucien Barriere, Fimalac said that he will own 40% of Lucien Barrière, for a purchase price of 186 million euros.

Vivendi: -0.57% to 21.64 euros

The operator GVT Telecom, a subsidiary of French media and telecommunications Vivendi said on Wednesday 760 million euros of investments in Brazil in 2011, to finance its development in the country.

Lagardère: -0.70% to 33.95 euros

The group has signed a new multi-currency syndicated loan of 1.6 billion euros in five years, to cover the general needs of the business. It replaces the previous syndicated loan signed in 2005 to 2.2 billion euros.

In today's schedule, Beneteau present its perspectives. After market, Vinci will unveil its 2010 sales, Areva will report its earnings for the fourth quarter, as JCDecaux and Boiron.

The replacement of Eric Schmidt at the head of the Google co-founder of search engine, Larry Page, has taken experts by surprise. If the blog TechCrunch had already got wind of a certain weariness of the former CEO of Sun last summer, no warning signs had been filtered. And while the decision was taken during the month of December, the secret was well kept within the company. "I talked to people at Google, they're just flabbergasted," said a former leader of the New York Times on Thursday night.

He joined Google in 2001 at the invitation of the two co-founders Larry Page and Sergey Brin, then aged 28 and 27 years, Eric Schmidt was charged 45 years overseeing the striking development of the search engine. It was he who led us through the IPO in 2004. Ten years later, financial success seems total.Insensitive to the crisis in the advertising market, Google has gained excellent results. "The supervision by adults is no longer necessary," said Eric Schmidt, now the tone of humor, referring to the young age of his proteges.

"We had to clarify our roles"

For the Guardian, "Google has instead need more supervision." "Like many before her, now finds himself hampered in growth," writes the British daily. "As Google has grown from a startup to a multinational company of 24,000 employees, the entrepreneurial spirit of the debut was somewhat undone by a bureaucracy rampant," says The Economist. The most talented employees fleeing from the competition, spammers have invested engine research and competition authorities are threatening."It's the same cancer that has plagued Microsoft," crudely analyzed TechCrunch earlier this month.

In a message posted on the official blog of Google, Eric Schmidt admitted that Google's management has become "more complicated" over the years. Concerned, the "triumvirate" composed with Larry Page and Sergey Brin, who previously shared decisions no fax payday loans. Eric Schmidt was known to temper the decisions of the two co-founders, for example, delaying the release of Google Chrome and Chrome OS system. "We had to clarify our roles," he says, suggesting that the agreement has not always been complete.

"The passion of a start-up

Powered CEO Larry Page now wants to find a pace of innovation more important to run Google's "rhythm, and with the spirit and passion of a start-up.In ten years, the search has successfully diversified in the mail, books, office suites and telephony. But he also experienced serious failures, particularly in social networks, where "his answer to Facebook and Twitter have been very convincing," says Dan Gillmor, on Salon.com. Google has also not given up. According to Sergey Brin, social research is still in its infancy, and a new project is underway.

Larry Page is he the right person for reinvigorating the spirit of "start-up, Application GigaOM? The new CEO of Google is "a very intelligent man," says Forbes. But the one who gave his name to the PageRank, the algorithm that ranks search results of millions of people every day, is also a natural discrete, notes the Wall Street Journal. It exposes little about social networks and maintains a prudent Media.

All this is bound to change."Make no mistake: the company, Larry Page, now," warns the blog Mashable. The return of the founders in charge, succeeded in the case of Steve Jobs at Apple, however, sometimes turns into a fiasco, as shown by the second passage of Jerry Yang at Yahoo. Eric Schmidt, who became a multimillionaire through his involvement in society and will remain "executive chairman" of the board of directors, he has complete confidence. "I think Larry is ready," he said Thursday.

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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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The Irish crisis continues to undermine markets. The Irish government is on the verge of explosion. Failing to agree to resign, the Irish prime minister announced that Parliament will be dissolved in January. Political tensions that add to pressures on marchés.L aid announced Sunday a plan to support the country by the EU and the IMF has not reassured long: European stock markets were closed in fall Monday evening after playing in the green early in the session. In Paris the CAC 40 dropped 1.07% Monday, closing of 3800 points yet.

On Tuesday, the trend is still bright red. Halfway through, the CAC 40 was down 0.95% at 3782.67 points, settling in the 3800 points. The significant widening in the red of Wall Street leads the CAC 40 down around 2%.Even febrile atmosphere at the Frankfurt stock exchange where the Dax lost 0.30% to 6801 points against 6822.05 points yesterday at the closing and in London the FTSE-100 fell by 0.69% to 5641.80 points.

Fear of contagion to other countries, Portugal and Spain in sight, gives new reasons to markets to tighten. "Portugal is emerging as the next potential victim of this crisis of European sovereign debt," say experts and Barclays Exchange. From its side, Greece has failed to achieve its objective of reducing public deficits, and Spain during the auction of short-term bonds Tuesday, high rates emerged, a sign of renewed tension.

On the currency markets, the euro will move down. About 11:00 am in Paris, the euro bought 1.3592 dollars against 1.3622 dollars Monday night.A decline which is again a sign that investors are cautious and worried.

On the other hand, the maximum voltage between the two Koreas. North Korea on Tuesday fired shells on an island in its southern neighbor, injuring and killing at least one soldier, according to news reports, which sparked an armed response from Seoul

Contradictory signals on French growth

After two months of gains, the index of business climate has stabilized at 104 points, or above its long-term average, according to latest figures from INSEE no credit check personal loans."This month, the economic climate remains hesitant in most sectors," notes the Institute of Economic Research.

While indices in services, trade and construction are up slightly, industry climate has deteriorated, falling from 102 in October to 100 in November.

The growth of activity in the euro area accelerated in November, thanks to a rebound in activity in the private sector in France and Germany, according to preliminary results of monthly surveys Markit.The PMI "flash" of services rose to 55.2 against 53.3 in October (consensus 53.1).

United States, will be detailed in the third quarter GDP (second estimate) at 14:30 and will be released at 16 hours of home resales in October.

The bank penalty

Values on the forehead, as banking stocks are usually the first to suffer problems of sovereign debt in European countries. Stock traders fear that the Irish aid plan only grows rating agencies to downgrade their rating on the country-which has already been announced by Moody's yesterday, and will force Ireland to fund more expensive and of digging and a little more its huge debt and deficit of 33% of GDP.

Thus, Credit Agricole accuses one of the largest decreases of ACC.However, it slightly reduced its losses (-1.89% to 10.38 euros) after saying that its exposure to sovereign debt of Ireland was now "very significant". Societe Generale dropped 1.68% to 39.98 euros, BNP Paribas 2.13% to 51.02 euros and Natixis 1.93% to 3.65 euros.

The Red Lantern is the CAC 40 dropped 2.22% to Axa at 12.33 euros.

Lafarge loses his hand to 43.84 euros 2.02%.The title is limping along after a lowering of recommendation from Citigroup to "hold" cons "buy."

Arcelor Mittal sells 2.17% to 23.77 euros in the wake of metals prices, which fell in London and Shanghai in favor of arbitration because the dollar Tuesday after the bombing of a South Korean island by North Korea .

Zodiac: 40% growth in sales per year for

Zodiac Aerospace (-2.97% to 48.38 euros), on which its competitor Safran waived last week to bid, confirmed Tuesday morning that target a growth of over 40% of its turnover on the next three years after a 2009-2010 fiscal year marked by a limited decline of 1% of organic sales.

Air France-KLM (-1.56% to 13.85 euros) will increase the capacity of a part of its fleet by removing the first class in some of its aircraft for the benefit of the economy class, reported The Tribune.

Gecina (-1.56% to 13.85 euros) announced on Tuesday to 440 million acquisition of office space in three operations in the context of its objective to increase the value of this heritage from 5.5 to 9 billion by 2014.

Thales (0.57% to 26.65 euros) Group specializes in aerospace, defense and information technology is expected to announce tomorrow from 1000 to 1500 job cuts, according to unions quoted by the AFP and confirming information of Challenges.fr.Thales declined to 13% of its orders in the first nine months of the year and some programs, such as the A400M, cost more than expected.

EDF (-1.12% to 32.81 euros) a direct result of their recent dispute over a nuclear project in the United States, EDF wants to gradually sell its shares in the capital of its U.S. partner Constellation.A paper was presented yesterday with the Securities and Exchange Commission (SEC), gendarme market, noting that 14.6 million shares will be sold for a total of 415 payday cash loan.4 million.

EADS (-0.65% to 16.86 euro) The North American subsidiary of the aircraft manufacturer has called an "accidental" an administrative error by the U.S. Air Force who mixed some documents relating to the tender for the supply of tanker aircraft.

EADS also hopes to finalize an order for four A380 here in March 2011 with the Japanese low-cost airline Skymark Airlines.In an interview with Bloomberg, Kiran Rao, Airbus vice-president in Japan, is betting on the international expansion of the company that would allow him to regain some share of Japanese market to Boeing, which dominates today.

Renault (-0.67% to 43.50 euros) The Renault-Nissan and Russian AvtoVAZ plans to produce all small MPV for the Russian market in 2012, according to the Nikkei newspaper. The daily added that Nissan will take a 10% stake in AvtoVAZ.Conversely Peugeot (1.53% to 31.84 euros) and Michelin (1.08% to 55.34 euros) are among the highest increases of ACC 40.

Arkema (-0.34% to 47.72 euros), which holds an investor day today, announced Monday it would triple its production capacity to its plant in China specializing in Polyamides by 2013, to meet the strong demand of its customers in this area.

Technip (-0.07% to 60.51 euros) The Italian subsidiary of the French specialist in oil and gas equipment will participate in the development project of the Cienfuegos refinery in Cuba to $ 6 billion (4.4 billion euros). This contract was won by a subsidiary of China National Petroleum Corp..

Conversely Alcatel Lucent (1.21% to 2.11 euros) rebounds and sign the largest increase in the ACC after losing 21.5% since October 22.Alcatel announced Tuesday the signing of a contract worth several million euros with Saudi Telecom Company to expand its broadband access network