The Paris markets expected in uncertainty
After a meeting on Tuesday closed at equilibrium, that Wednesday should be quite uncertain. Last nation euro area that has not agreed to the backup plan for Greece, Germany could make his signature Thursday. The CAC 40 closed Tuesday up 0.15% to 3612 points.
On the macroeconomic front, INSEE releases industrial production for December and the Bank of France's balance of payments.
In Britain, the Bank of England will release its quarterly report on inflation, production indutriels the month of December is also planned.
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."
Great day publications
Arcelor-Mittal recorded a net profit of 118 million dollars for 2009 and 1.07 billion for the fourth quarter.
PSA Peugeot Citroen 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 down 10.9% to 48.417 billion euros.
Sanofi Aventis records an adjusted net profit of 7.8 billion euros in 2009 up 11%.
Medica announced that its IPO was a "success".The group says the offer has attracted 7500 orders with just under half of employees in Medica, the French and international institutional, meanwhile, have subscribed for about three times the size of the offer.
Kl?pierre published Tuesday a net asset value of 28.70 euros per share end of 2009, down 14.1% compared to end 2008 and a net current cash flow per share declined by 3.1% to 2 07 euro saving account pay day loan . The land is expected to grow "very modest" revenues in 2010 if the ongoing stabilization of sales traders galleries is confirmed, told Reuters the president of its Executive Board, Lawrence Moral.
Havas posted Tuesday a turnover decrease of 4.4% on an organic basis in Q4 2009 to 1.441 million euros.Unrealized net budgets amounted to 1,270 million euros in 2009.
Ubisoft said Tuesday night "expects to return to profitable growth and a cash from operating activities positive" for the year 2010-11 after publishing an annual turnover of the 3rd quarter in 2009-10 down 2% at constant exchange rates. The group confirmed its targets for the current year.
Vinci said Tuesday the acquistion of 89 contracts for parking company Interpark the United States through its U.S. subsidiary LAZ Parking.
Vilmorin has published a turnover up 2.7% in the first half of 2009-2010 and has announced a joint venture in wheat seed in Argentina.
Theolia published a turnover increased almost five in 2009 due to the resumption of sales of wind farms by the group.
According to Le Monde, Renault would think to build a plant near Algiers, which produce 50,000 vehicles annually for the local market.
The reinsurer Scor has registered an increase of 7% of written premiums on contracts renewed at 1 January 2010 non-life reinsurance. The total written premiums reached 1.787 billion euros, up 7% at constant exchange rates. In 2010, SCOR also anticipates an increase of 7% of total non-life business at about 3.5 billion euros.
Nexans, EDF Energies Nouvelles publish their annual results this Wednesday, and Air France KLM's quarterly results.