Nexity year 2012 provides for a "hollow" in the housing - February 21, 2012

Nexity said Tuesday it has won market share in the residential and orders "exceptional" in commercial real estate last year but the first French developer believes that 2012 will be "an Anne e valleys "for the residential market.

The group, which says "calm" for the medium term, achieved in 2011 a turnover of 2.6 billion euros, down 5%) but operating profit current of 211.6 million euros, up 3%.

For 2012, Nexity is a consolidated turnover exceeds 2.6 billion euros and operating profit in 2012 exceeding 200 million euros.

It proposes a dividend of two euros per share for 2011, unchanged from 2010. 

In late December, the backlog of the company totaled 3.3 billion euros (21% compared to end December 2010), 19 months of promotion activity.

Said in a statement, Alain Dinin, CEO of Nexity, says a combination of factors should make 2012 "a low point for the residential market and mark a contraction of the commercial market."

He mentions "the major macroeconomic uncertainty on the evolution of sovereign debt crisis, the likely entry into recession" and "wait-ed before the deadlines ; lectorales presidential and legislative. "

The action ended Nexity to 23.4 euros (-1.39%) Tuesday showing a market capitalization of 1.2 billion euros. She was up 33.6% since the beginning of the year after falling 39.6% in 2011.

Nuclear production boosts EDF 2011 results - February 16, 2012

EDF 2011 results released Thursday boosted by the performance of its French and British nuclear programs and has confirmed its objectives despite the additional investment required by the authorities of collat ; hardness after the disaster of Fukushima.

The electrician has publicly said in a statement that it was always for the period 2011-2015 average annual growth of between 4% and 6% of its gross operating profit (EBITDA), at constant exchange rates, and in a range from 5% to 10% for net income. 

For 2012, EDF has just reported that its objectives were "consistent" with the outlook, which also include a ratio of net debt / EBITDA below 2.5 and a payout ratio of profits between 55 and 65%.

The group also reported that its net investment envelope would remain below 15 billion euros in 2015 against 10.5 billion in 2011.

These details came as the Court of Auditors has highlighted the end of January increases induced by investments in maintenance work required by the Nuclear Safety Authority after Fukushima disaster, EDF has investments estimated at 10 billion euros at most. 

The group also aims for a 2012 production of the French nuclear fleet of between 420 and 425 terawatt hours (TWh), against 421.1 TWh in 2011, including in particular the potential impact assessments Additional safety conducted on post-Fukushima shutdown duration of its reactors.

After restatement of 2010 to reflect disposals, EDF recorded in 2011 net income group share of 3,010 million euros (against 1,020 million), an annual net profit for 3520 million (13.4% in adjusted), EBITDA of 14.824 million (+5.4% organic) and a turnover of 65.307 million (+2.7% organic).

According to the consensus reached by the group, analysts on average expected a net profit of 3.313 million euros, an EBITDA of 14.935 million and a turnover of 66.006 million.

EDF proposes a dividend of 1.15 euro per share, unchanged from the dividend paid for 2010.

The company posted a net debt of 33.3 billion euros at end 2011, against 34.4 billion at end-2010, for a ratio of net debt / EBITDA of 2.2.

Olympus is forecasting a loss of 311 million euros over 2011-2012 - February 13, 2012

Olympus, trying to recover from an accounting scandal of almost one billion euros revealed last fall, said Monday anticipate an annual net loss of 32 billion yen (311 million), mainly because of difficulties of its camera division.

This prediction of the Japanese group, which also manufactures optical instruments – much more profitable business – compares to a profit of 3.87 billion yen for fiscal year 2010-2011.

For the third quarter of 2011-2012, Olympus, which holds a global market share of 70% in the endoscopic diagnosis, showed a loss of 756 million yen against a profit of 2.04 billion yen a year earlier. 

The publication of these results had been delayed by the illumination of an accounting scandal, which saw the band assign are related to its acquisitions in several different funds for ; rer the publication of his losses, a practice that became common after the bursting of the Japanese financial bubble in 1990.

Following this scandal, the value of the stock market melted Olympus, calendar year 2011 having resulted in a decline of almost 59% of the action. Since early 2012, it rebounded more than 26%.

This increase is especially seeing Olympus alliances with companies interested in the activity of endoscopy, such as Fujifilm, Sony or Samsung Electronics.

President of Olympus Shuichi Takayama said that a decision on a possible alliance could not take place before the establishment of a new direction in the wake of the extraordinary shareholders meeting of shareholders scheduled for April 20.

The group relies heavily on the AG to start turning the page scandal, with at least six of the 11 board members, including Shuichi Takayama, who did not represent. 

Michael Woodford, the former CEO of Olympus, which has highlighted the scandal, plans to attend the general meeting which promises to ê be stormy.

The book market deteriorated further in 2011 - February 6, 2012

For the second consecutive year, the book market is declining, particularly in supermarkets. Only the online sale progresses. At the book fair de2009.

The book market declined 1% in 2011, continuing to deteriorate for the second year in a crisis, and if selling online is the only move forward, the library holds up better than retail, according to annual survey Livres Hebdo / I + C.

Lower sales of -1% in current euros amounted to -3% by volume, given the evolution of prices of the books, according to annual data from the institute I + C on behalf of the magazine Livres Hebdo .

The decline in attendance outlets last year has been the main obstacle to the business book market, which declined by -0.5% in 2010. The average shopping basket of consumers was less than 17 euros for the year: 16 euros during the first nine months of 2011 and 18 euros in the last quarter. If the book has fared better than most other consumer goods in December, "he suffered much the decline in household spending throughout the year (-0.5% according to INSEE), a score ever recorded for fourteen years, "notes the editor of Livres Hebdo, Christine Ferrand. "The question of the attractiveness of libraries stands out as the first challenge of 2012," the magazine.

The libraries of the first level (most important) remain in the general market average, with -1%. However, the deterioration of book sales accelerates in hypermarkets, with a decline of -5.5% in 2011, against -3.5% in 2010. Cultural supermarkets are now in the red (-0.5%) despite continued store openings in several brands. Up 5.5% in 2011 and 2010, the circuit of distance selling (including clubs via retailers) confirms its dynamism thanks to the persistent growth of online commerce, the survey notes.

Another highlight, the pocketbook is the only publishing sector up (1%), while sales of books Youth stagnate (0%) and comics (-0.5%) recorded a slight compaction. Humanities to limit the damage (-0.5%), thanks to the vitality of sales history books. The practical book saw a decline of -1.5%, as the school and after school. As for literature, it is declining by -2.5%.

Sony disappoints with quarterly loss higher than expected - February 2, 2012

Sony suffered an operating loss of 91.7 billion yen (910 million) over the period October-December, disappointing result for a quarter usually lucrative, due to the force the yen, sluggish economy and flooding in Thailand.

Analysts expected a profit of 8.8 billion yen, according to Thomson Reuters I / B / E / S.

The Japanese electronics giant also said Thursday expected to be in red on all of its fiscal year ending in late March, weighed down by chronic problems of business television and aggressive competition from rivals in South Korea as Samsung Electronics. 

Sony expects annual operating loss of 95 billion yen, while the market was expecting a profit of 8.2 billion yen.

These results worse than expected underline the magnitude of the task facing the new boss of the group, Kazuo Hirai, whose appointment was announced Wednesday with the aim of giving back to the group Japan's leading role in consumer electronics.

The title Sony closed down 2.64% just before the publication of these figures.

- December 1, 2011

The unemployment rate in France within the meaning of the International Labour Office (ILO) gained 0.2 points in the third quarter to 9.3% on average in metropolitan (9.7% including overseas departments) According to data seasonally adjusted (SA) Interim released Thursday by INSEE.

The number of unemployed stood at 2.631 million in the metropolis, or 51,000 more than in the second quarter.

Unemployment rates in the second quarter have been confirmed at 9.1% of the workforce in metropolitan and 9.6% with Dom.

In one year, the unemployment rate in France fell by 0.1 points in the third quarter.

- November 27, 2011

Unemployment rose again in October and the outlook is bad, said Sunday the Minister for Employment, Xavier Bertrand, on the eve of the publication of these figures.

The number of unemployed in September reached its highest level since early 2000 to 2,780,500 for category A, the most observed.

"The truth is that the employment figures will not be good," said Xavier Bertrand when issuing the Grand Jury RTL-Le Figaro-LCI.

"And everyone knows they can not be good due to a crisis which does not come out again and even a crisis, the field is growing."

"Unemployment will increase in October," added Xavier Bertrand."As long as the economic situation will not improve, I do not see how the employment numbers will really improve."

European shares rise after the Italian Senate vote - November 11, 2011

European shares are increasing their gains early Friday afternoon, the Italian Senate approved the legislation with financial stability, a set of austerity measures demanded by the European Union should help the country cope with the crisis of debt.

At 1:25 p.m., the CAC 40 index, ahead of 0.92% to 3,093.14 points, against a gain of 0.44% just before 13h.

Grants itself the Milan Stock Exchange 1.5%, that of London 0.66%, while Frankfurt's place ahead 1.3%. The pan-European Euro Stoxx 50 index was up 1.21%.

Illustrating the attenuation of investor concerns about the financial position of Italy, the performance of Italian government bonds to 10 years dropped below the 7% to 6.64%, and spread with the German Bund with the same maturity fell to 485 basis points.

- November 8, 2011

Germany produce probably less crude steel than expected this year due economic repercussions crisis European debt.

"The steel industry became morose recent weeks due to crisis eurozone" said Tuesday Federation president German steel Hans Jürgen Kerkhoff.

"Production crude steel will a priori 2011 below Level planned 45.5 million tonnes but exceed volume previous year 43.8 million tons" he added.

He confirmed predict next year up 1.5% demand products rolled steel but expressed unable give forecast steel production brut.

- November 4, 2011

The business service firms in the euro zone shrank even more clearly than expected in October, the debt crisis has sealed new business, increasing the risk of another recession, the monthly surveys show Friday PMI.

The debt crisis, which hurts companies in the euro area, has experienced dramatic new twists in recent days with the political crisis in Greece with the announcement of a referendum on the new European support plan, which threatens drive down the Papandreou government, or to compel the country to leave the euro area.

The deterioration of the macroeconomic situation has led Thursday the European Central Bank (ECB) announced a surprise cut of 25 basis points interest rates at its first meeting chaired by Mario Draghi.

The services PMI calculated based on monthly surveys Markit fell to 46.4 in October against 48.8 in September, its lowest level since July 2009.