This operation removes a thorn from Technicolor. The group disposes of an activity that consumed about 50 million euros in cash per year. An economy, certainly, but not a bargain.Firstly, to pass the baby, Technicolor begin by Francisco Partners to transfer 20 million euros in cash for the operation of the business. Then, the investment fund will pay its acquisition in 2016. It issues a promissory note for 80 million euros due six years, but bearing interest at 5% per year. In other words, by 2016, Technicolor will affect only 4 million euros per year. Finally, in 2010, Technicolor will take a loss in its accounts related to the difference between the value of the sale ($ 100 million) and the value of this activity at the balance sheet. Already in 2009, Technicolor had depreciated its assets transferred 379 million euros, of which a large part due to Grass Valley.

Accordingly, this assignment s gonna in no financial position of Technicolor. Frederic Rose, Chief Executive since September 2008, had warned.It is not easy to sell assets when they lose money and the seller is pressed. The important thing is to stop the bleeding. Since early this year, the new boss has renegotiated the debt with creditors, reducing it from 2.8 billion euros to 1.4 billion, and he raised 350,000,000 euros of fresh money. Its mission today is to cut off the rotten branches. He still has to sell the two other activities of Grass Valley and the advertising company Screenvision.

To improve access for audiences to information, the minister will send a letter in September to eight million of housing "simply explaining the scheme and encouraging them to do a simulation" of rights on websites of CNAF or MSA.The application forms for entitlement to the RSA will be simplified by the end of October to make them more understandable. Leaves quarterly reporting resources will be reduced to one page and syringes "on the model of the tax return.

A "checkbook services"

The Minister will also launch in September a committee comprising all stakeholders of the RSA and "to examine the changes made to the mechanism in terms of practices, but also legally."A second referee RSA will also be appointed within each agency employment center to link with their counterparts in the general councils to strengthen coordination between the two institutions.

Good practices to facilitate the payment of the allowance of personal re-employment (APRE) – which aims to take over all or part of the costs incurred by a beneficiary when an activity begins or resumes – will be broadcast on the throughout. A "checkbook services" – composed of good standard in exchange for a service – designed to accompany the resumption of employment will be created."The establishment of this checkbook will be appraised in September and proposed gradually, as needed, to departments wishing to use them," said Marc-Philippe Daubresse.

The government also proposes to organize in each department a day devoted to the development of integration pacts "which in particular define the modalities for coordination of actions undertaken by different actors to promote social and professional integration of beneficiaries the RSA. The first day will be held in December 2010.

The warning is not innocent. It was made just hours before Prime Minister of Japan, Naoto Kan, announces an increase in the consumption tax, now one of the world's lowest, 5%, designed to rebalance country's finances, would not the day "before two or three years" paydayloans.

In the eyes of Fitch, Tokyo is obviously not fast enough, while the country's debt reaches 201% of its gross domestic product (GDP).

LE FIGARO. – France takes it from behind in the deployment of fiber optics?

Maxime LOMBARDINI. – Quite the contrary, France is ahead. The advent of fiber optics in homes is accelerating.After three years of work, France is at the forefront in Europe, thanks to a very successful framework that enables rapid deployment of fiber networks without digging sidewalks and minimizing interference in the condominium thanks for sharing. In addition, this framework allows consumers to freely choose their provider and gives them the cheapest in Europe. In France, subscriptions to fiber costs 30 euros a month, against more than 100 U.S. dollars. Operators will deploy fiber in the condo together for 5 million homes in the dense areas. Four operators have begun deployments significant.Result, there will be at the end of the year more than 100,000 subscribers to the optical fiber (FTTH), and hundreds of thousands in late 2011.

Why do operators do not they do more advertising for the fiber?

We do not launch national campaign as the fiber is not everywhere. But when a neighborhood or a town is connected, we inform our ADSL subscribers and the people that for the same price, we offer very high-speed fiber. They have therefore a very fast internet access. Other immediate benefits they can receive television via their optical box on multiple televisions, enjoy high definition, the catch-up TV, 3D programs, etc..

France Telecom has called on its competitors to co-invest with him on a fifty Commons. Free is he leaving?

Sure.We have responded positively to France Telecom, which will pose a dedicated fiber to each home to Free bundle. For Free, this represents an investment of tens of millions of euros. We ourselves will today call for co-investment in more than 50 towns, including Paris, Nice, Marseille, Toulouse, Nantes, representing nearly 3 million potential catch. We ask that interested operators to respond to us by early July.

How much will you invest?

In fiber optics, Free has taken 2 million and 1.5 million work in the study. I confirm that we have 4 million homes connected with fiber in 2012. We signed agreements with condominium units representing 350,000. Free has invested 350 million euros in the fiber to date in 2010 and will invest over 150 million. The creation of direct and indirect employment is significant.All this shows that we are in a phase of very concrete investment and our motivation to deploy broadband is strong.

This hampers Does the deployment in parallel, on your mobile?

No. Free has the means to pursue these two sites in parallel: in 2010, over 2 billion turnover, the group will spend more than $ 750 million to capital spending, while remaining one of the least indebted telecom operators to Europe.On mobile, the deployment is well underway, and we, again, created over 1,000 jobs directly and indirectly.

When towns and villages can they expect to be connected to fiber optics?

If governments continue to encourage all operators to invest and participate in construction through big loan, we can begin to connect the less dense areas in 2011.

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The four largest Greek banks – National Bank of Greece, EFG Eurobank, Alpha Bank and Piraeus Bank – bemoan the evaporation of about 10 billion euros of bank deposits, and implore the government to help, the Financial Times in its Thursday edition.

George Papaconstantinou, the finance minister said Wednesday that all banks had asked for the remaining 28 billion euros of financial support plan provided by the state banks at the height of the crisis in 2008.

Yields never achieved

These calls for help comes as Greek interest rates hitting record highs this week.Wednesday afternoon, the yield (rate) of the Greek requirement to 10 years reached 7.176%. Greek and yields move away from the benchmark, the German Bund, the gap between the two are digging more than 400 basis points (4 points).

Markets reacted to the ruling of Athens, that the measures proposed by the IMF are too severe. "This is one reason, but there are others, as investors are forced to sell because interest rates are now too high," said Jean-Francois Robin, an analyst at Natixis bad credit payday loans .

Some are forced to unwind their positions in part because of the Basel II regulations."The number of potential investors has reduced and the purchase is," said Ciaran O'Hagan, of Societe Generale.

The National Bank of Greece will be "heavily impacted"

As a market leader in deposits, the National Bank of Greece "could be greatly impacted by the movement of outflows affecting Greece since the early beginning of the year," noted analysts at Natixis in a note published Thursday morning, which degrades the value to "ease" cons "before buying" and lowers its price target from 19 to 15 euros.

According to the broker, bank, however, is "the best equipped to deal with the crisis with a Greek core tier 1 ratio (reserve ratio) by 9.4%, and high exposure to Turkey, whose performance in 2010 should offset the slowdown in Greece.

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"The Defense Department has received notification from EADS North America showing its possible desire to contribute to the replenishment of the Air Force and U.S. we would support," said Geoff Morrell.

He added: "If necessary, we may reasonably consider extending the closing date of tender, currently set for mid-May, which" would not be unusual, "he said.

Louis Welsh, head of EADS, stated, however, at a press conference in New York, that such an initiative would require the postponement of the deadline for response to the call for tenders for the currently scheduled for May 12But he says it is "impossible" for his group to submit to the Air Force bid for U.S. tanker aircraft in 60 days, however, leaving the door open to any proposal.

He said EADS had not taken any decision on a possible new bid for the contract, while Boeing is currently the only candidate. He also said that EADS had not sought another partner or been contacted by other groups to raise its offer.

A tender twice canceled

EADS and its U.S. partner Northrop Grumman withdrew from the bidding of the Pentagon, arguing that the terms of that favored Boeing.

The tender to supply 179 tanker aircraft to the U.S. Army, valued at 35 billion dollars, was awarded a first for Boeing in 2003, then again at Airbus (EADS) and its American ally Northrop Grumman in 2008, and each time canceled.

The atmosphere is the same in Europe, including the London Stock Exchange gaining 0.39% to 5131.99 points, the Frankfurt amount of 0.69% to 5536.37 points.

The prospect of a European plan to help Greece gives investors reason to smile again. Certainly at this stage, "there is no agreement," said a French source on the eve of the Brussels European Council must take a position on the budgetary situation of Athens.

But it is More than a single nation euro zone to avoid giving the green light for the backup plan.Germany, but could make his signature Thursday.

Long live economic news

On the macroeconomic front, industrial production in France fell by 0.1% in January compared to December, while in November it had gained 0.6%, according to figures published by INSEE. For Fr?d?rique Cerisier, economist at BNP Paribas, "the sharp drop in production of transport equipment (-4.7%) reflects not only the decline in automobile production (-2.1%) but also the aviation branch , naval and railway (-7.9%).After the strong rebound in the third quarter, this pause in the recovery of the activity does not mean that recovery is terminated, but it will be gradual and probably struck, she said.

Furthermore, the current account deficit narrowed in France in 2009 to 40.6 billion euros after 44 billion in 2008, thanks to lower energy costs, said Wednesday the Bank of France (BdF) .

Finally, the United States, the trade figures for December are expected on Wednesday afternoon, and the weekly inventory of crude oil and after-hours trade, the figures of budget execution in January. Governor Daniel Tarullo be heard before the Senate Banking Committee on systemic risks.After Hours, president of the Philadelphia Fed will discuss "Lessons from the global financial crisis."

Bad publications are ignored

The publications were many on Tuesday, and just generally reassuring. But the market is not so far achieved.

Arcelor-Mittal (-5.28% to 27.1 euros) recorded a net profit of 118 million dollars for 2009 and 1.07 billion for the fourth quarter guaranteed payday loan . The metallurgist is the red lantern index in Paris.

PSA Peugeot Citroen (-1.97% to 21.87 euros, 2nd largest drop) announced Wednesday a net loss of 1.161 billion euros in 2009 against a net loss of 363 million a year ago, for a turnover 'sales down 10.9% to 48.417 billion euros.Natixis welcomes performance Faurecia and Gefco, but is very Decca automobile.

Sanofi Aventis (1.03% to 53.2 euros) recorded an adjusted net income of 7.8 billion euros in 2009 up 11%.

According to Le Monde, Renault (+0.27% to 33.4 euros) to consider building a plant near Algiers, which produce 50,000 vehicles annually for the local market.

Nexans (-0.86% to 55.32 euros) worldwide leader in the cable industry, has seen its annual profits collapse at 8 million euros, mainly due to restructuring and divestitures of businesses by group, and remains cautious for 2010.

EDF Energies Nouvelles (+4.82% at 35.85 euros) announced Tuesday a net annual increase of 39% and EBITDA up 47%.Gilbert Dupont went to purchase.

Apart from publications, the bank stand on the CAC 40, including Cr?dit Agricole, headlining, up 4.66%, to 10.85 euros. Axa rises of 4.13% and Societe Generale is 4.41%.

CAC Hors, Havas (6.71% to 3.08 euros, head of the SBF 120) on Tuesday posted a turnover decrease of 4.4% on an organic basis in Q4 2009, to 1441 million 'euros. Unrealized net budgets amounted to 1,270 million euros in 2009. The group has been identified by Goldman Sachs and Nomura.

Medica (+7.92% at 14.03 euros) announces that its IPO was a "success".The French and international institutional, meanwhile, have subscribed for about three times the size of the offer.

Theolia (6.25% to 3.23 euro) has published a turnover increased almost five in 2009 due to the resumption of sales of wind farms by the group.

Ubisoft (-1.72% to 9.66 euros) said Tuesday night "expects to return to profitable growth and a cash from operating activities positive" for the year 2010-11.

Vinci (+1.17% at 38.43 euros) on Tuesday announced acquistion of 89 contracts for parking company Interpark the United States through its U.S. subsidiary LAZ Parking.

Vilmorin (+1.29% at 79.86 euros) issued a turnover up 2.7% in the first half of 2009-2010 and has announced a joint venture in wheat seed in Argentina.

These two contradictory figures in fact derived from two studies of the U.S. Department of Labor, based on two different methods.The difference in trend indicates that employees are more numerous in January than in December, but they are less likely to occupy several positions simultaneously.

"If unemployment remains a serious problem, today's figures contain some encouraging signs for a resumption of gradual labor market," said the White House.

The U.S. administration has estimated that the employment situation has therefore remained "almost unchanged". In detail, the building was destroyed 75 payday loans for bad credit .000 Jobs, while industry and services have created respectively 11,000 and 48,000 positions.

Economists agree, though, that unemployment has peaked."The pace of job losses still slows significantly and the return of job creation in services and industry is good news," said John Thomas, for example, economist at Natixis.

The strong upward revisions in the number of job destruction in 2009, however, may worry. The December figure was revised sharply upward from 75% to 150,000 against 85,000 initially. At 12 months, are shedding 600,000 jobs that were added following the revisions of the statistics. This is does not affect the positive trend, according to Inna Mufteeva, economist at Natixis' share is only a point of reversal highest previously believed.

Earlier Friday morning, Asian stock markets closed broadly in the green. Tokyo The Nikkei ended the session up 0.68% at 10,982.10 points. The Hang Seng in Hong Kong, however, ended down 0.3% to 21,654.16 points as investors still worried about a possible tightening of Chinese monetary policy.

The President's speech yesterday, Obama did not surprise the markets.As announced by the spokesperson of the White House, a proposed tax of fifty largest banks will be presented to Congress in the coming weeks. According to the Financial Times, the U.S. Treasury would press other countries to also adopt a tax on banks.

New wave of statistical significance

The consumer prices in the United States rose by 0.1% in December, bringing inflation over the whole of 2009 to 2.7%, according to figures released Friday by the Labor Department. In the short term, the inflation risk sembre low.

Industrial production in the United States rose in December by 0.6%, as expected by analysts, according to official figures published Friday, but this increase was primarily allowed by having an unusually cold boosted the energy sector.

The technology and banking suffer

Intel sells 3.17% to 20.80 dollars, while the U.S. group confirmed on Thursday evening the resumption of its activities, with net income nearly tenfold in the fourth quarter of 2009, which has reduced to 17% of the decline annual net profit to 4.369 billion dollars. This exceeds the expectations formulated earlier by analysts. "The market has seen a nice rise, everybody expected a good showing from Intel. To some extent it is a classic case of sales at the time of the announcement, "said Owen Fitzpatrick of Deutsche Bank. Even setback for Microsoft (-0.32% to 30.86 dollars), IBM (-0.38% to 131.81 dollars) and Cisco (-2.20% to 24.40 dollars).

Boosted by a return to growth in the fourth quarter, PC sales grew by 5.2% in 2009, according to a study by analyst firm Gartner published yesterday.Acer dethroned Dell (-2.04% to 14.40 U.S. dollars) in second place worldwide.

Even surprise to JP Morgan Chase, which lost 2.26% to 43.68 dollars. The U.S. bank has yet announced having doubled its net profit in 2009 to 11.7 billion dollars. Per share, net income reached 74 cents per share in the fourth quarter, against 62 held by analysts. In the fourth quarter alone, the bank has increased by more than four net profit to 3.3 billion dollars. The bank's CEO, Jamie Dimon, welcomed the news that the bank in late 2009 enjoyed a "very strong capital ratios Tier 1 of 11.1%. But the cost of risk (failure to pay on credit) remains "high". The bank especially in its accounts last quarter to 7.3 billion dollars in reserves to cover these risks.Morgan Stanley lost 2.88% to 30.30 dollars, Goldman Sachs 1.95% to 165.25 dollars, and Bank of America 3.33% to 16.26 dollars.

Citigroup (-2.85% to 3.41 dollars) would be decided by the Financial Times, to cap the bonus at $ 100,000.

Market research firm NPD has revealed sales of video game consoles in the United States for year-end 2009 total, the three major manufacturers have passed 40 million consoles in 2009, including 20 million for the Wii Nintendo, 10 million for the Xbox 360 and 10 million for the PlayStation 3 (PS3) by Sony, thanks to an aggressive policy of lower prices.

In addition, Verizon Communications (-2.05% to 30.58 dollars) will host a conference on its wireless subsidiary, which is partly owned by Vodafone (-1.82% to 22.09 dollars).

Oil retreats, dollar strengthens

Side materials, oil slipped below the 79 dollars a barrel and connects its fifth session lower after the report of the International Atomic Energy: global consumption of oil should rebound by 1.7% in 2010 fully supported by demand from emerging countries and Asia, after falling 1.5% in 2009.

The dollar is strengthening against the euro, which is penalized by the situation in Greece after the publication of inflation. One euro is worth 1.4385 dollars.

After a setback, following the publication of figures for new home sales in the United States and the index of consumer confidence, the market has finally resumed.

Defensive stocks in the spotlight

The largest increase in the CAC 40 is up to STMicroelectronics (1.80% to 6.34 euro).The group is supported by the resumption of investment in semiconductors.

Elsewhere in the charts are essentially defensive stocks such as PPR (+1.64% at 83.09 euros) or L'Oreal (+1.40% at 77.57 euros).

Great shape early in the session, as the Sanofi-Aventis does nibbles as 0.45% at closing. The pharmaceutical company would consider acquiring a stake in the Danish biotech company Zealand Pharma.

Veolia is maitient up (+1.06% to 22.79 euros). According to information from the Figaro, the group would link with the Italian railway company Trenitalia to launch TGV from France in 2012 to compete with the station.

EDF (+0.53% at 40.86 euros) has shown up throughout the meeting. The electricity supplier could open the French market for electricity in Russia's Gazprom by Voices."Gazprom will supply gas and electricity recovery in Europe," according to an anonymous source.

CAC Hors, Maurel & Prom Signs finest performance of the SBF 120. The title gained 4.15% to 12.55 euros after the announcement of successful tests on the exploration well OMGW-1 (Gwedidi-1), located in Gabon, on the exploration permit Omoueyi.

As for cuts, Suez Environment fall from 1.45% to 15.96 euros. On Tuesday, the group announced a contract for 34 million euros for the construction of a facility responsible for treating wastewater from PetroChina's refinery, located in Chengdu, the capital of Sichuan province, China.

Thomson continued his yoyo Wednesday. After more than 20% earlier this week, the title loses 2.77% to 0.95 euro.