Archive for September, 2011

The Paris Bourse falling off again

Auto Date Wednesday, September 28th, 2011

The Paris Bourse, which opened down slightly declining by 1.09% to 2990.47 points on Wednesday quickly regained balance and symbolically back 0.07% in early trade to 3,021.33 points. However the decline was accentuated in the morning with a decline of more than 1% to 10.30. The day before, was awarded the CAC 40 5.74% to close at 3023.38 points. Same trend in Frankfurt the Dax gained 5.29% and in London the FTSE was up over 4%. On Wall Street, the Dow Jones gained 1.33% and the Nasdaq 1.20%. Wednesday morning, part of Asia continues to rise, but shows a little more caution.

Global stock markets are indeed won by a renewed optimism since the beginning of the week on the ability of Europeans to stop the debt crisis in the eurozone. Europeans should take measures to stabilize Greece and the banking sector.Strengthening the emergency fund indebted countries (EFSF) was particularly mentioned.

On Wednesday, France also formalize and discipline its budget for reducing government deficits and contain the debt. The presentation of the presentation of the draft budget law for 2012 by the Minister of Economy Baroin and budget minister Valérie Pécresse is expected in 17 hours.

The numbers of zero growth (0.0%) in the second quarter were confirmed by INSEE on Wednesday morning. Other macroeconomic indicators are expected across the Atlantic: orders for durable goods in August, the United States will be published at 14.30 and the weekly crude oil inventories at 16:30.

As for the oil markets, a barrel of "light sweet crude" for November delivery lost 1.25 dollars to 83.20 dollars in early electronic trading.A barrel of Brent North Sea crude for November delivery gave 96 cents to 106 paperless payday loans.18 dollars. The previous day, oil had spread over 4 dollars in New York.

The bank to follow

Among the values ​​to be followed, the bank had literally flown Tuesday evolve piecemeal. BNP Paribas sells 1.50%.

Societe Generale (-1.10%) is also seeking to sell its stake in Newedge, a subsidiary jointly owned with derivatives Crédit Agricole (0.62), as part of its plan to sell non-strategic assets, according to Reuters.

Green Bank is expected to announce a sale of assets today, reports the Financial Times. Following the example of BNP Paribas and Societe Generale, Credit Agricole and wants to improve its solvency ratios.The amount of the sale, however, was not known by the British newspaper.

The Franco-Belgian bank Dexia (7.81%) examine options to strengthen its balance sheet but excludes any split in the group, said Tuesday its chairman at the end of a board of directors held fueled many speculation.

Neopost (-1.02%) announced Tuesday an increase of 2.7% of its turnover in the first half (+5.9% excluding currency effects).The solutions specialist courier has confirmed its forecast 2011 and launched a plan to optimize its structures in the United States and Europe which should generate annual savings of about 7 to 8 million euros in 2013 .

Renault (-0.25%) according to a source close to the deal quoted by Reuters, its partner Nissan will invest $ 1.5 billion (1.1 billion) in building a plant in Brazil able to produce electric cars.

Alten (4.55%) must also publish its first half results.

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"France presents its budget discipline

Wall Street closed sharply higher

Auto Date Tuesday, September 27th, 2011

After signing Friday its worst week in three years the New York Stock Exchange rebounded on Monday following the trend-driven European stock markets, boosted by rumors of bank recapitalization. At the close, the Dow gained 2.53% to 11,044.17 points. While the Nasdaq rose 1.36% to 2517.10 points.

Investors have been carried by a wave of optimism about the commitment of Europeans to stop once and for all the crisis of sovereign debt. U.S. markets saw their earnings accelerate "following news reports that a European official said that a clear plan to restore the right conditions in Europe was in development," reported analysts at Briefing.com AFP. According to the financial channel CNBC, the plan foresees the creation of a European Investment Bank, whose aim would be to issue bonds to buy back debt."We feel that the project to leverage the EFSF (European Financial Stability Fund) is well underway," said the American channel.

In fact, Germany is expected to vote Thursday the agreement for the expansion of the scope of the relief fund of the zone (EFSF), which could become operational sooner than expected. Sunday, German Chancellor Angela Merkel expressed confidence the outcome of the vote. However, the German finance minister, Wolfgang Schäuble, said on Monday that Europeans had "no intention of bailing out." "We give him the tools so he can act if necessary.After we will use it effectively, "he said during a television interview.

The U.S. economy is still in doubt

Remains that the good wishes expressed by the euro area appears to find a quick solution to the crisis revived a little balm in the middle market, worried about the strength of global growth and a failure of Athens. In fact, it's a race against time to be playing this week to save Greece. The International Monetary Fund (IMF) said that a delegation will travel to Athens this week to determine whether or not the country can benefit from the sixth round of eight billion euros, it vital to avoid bankruptcy. Note that the Greek finance minister, Evangelos Venizelos, announced late Monday it would hold a press conference Tuesday at 11 am.However, his ministry has not provided information on the nature of his statements.

Across the Atlantic, a new indicator of real estate, however, is a reminder of the shaky state economy: new home sales have indeed fallen by 2.3% in August, following a decline of 0 , 3% in July (revised from -0.7%), according to figures released Monday by the Commerce Department. After the publication of these figures, Sarah Bloom Raskin, Governor of the central bank, however, suggested that the U.S. Federal Reserve (Fed) may have to further relax its monetary policy to help boost growth and reduce unemployment.And, while the previous week, "Operation Twist" from the Fed, was considered inadequate by the market, which did not appreciate the lack of liquidity injections into the economy.

As for currencies, the euro has returned to near $ 1 personal business card.35 on Monday: in the late evening, the European currency traded at 1.3467 dollars against 1.3503 dollars on Friday at the same time. For their part, oil prices rebounded slightly on Monday in New York after the collapse of last week, taking advantage of the hope of strengthening the arsenal of anti-crisis in the euro area. On the New York Mercantile Exchange (Nymex), a barrel of "light sweet crude" for November delivery ended at 80.24 dollars, up 39 cents from Friday.

Values ​​to follow

The Boeing 787 (4.2% to 62.01 dollars) will finally become operational after three years behind schedule.The manufacturer delivered its first Dreamliner yesterday at the Japanese company All Nippon Airways for $ 200 million. The reduction of the unit would save 20% of fuel consumption, according to the manufacturer.

The video sharing site online Netflix (2.21% to 132.22 dollars) has signed a replay of movies with DreamWorks, who has produced the animated film Shrek. Previously linked to the pay channel HBO, the studio is the first American to prefer a website with a conventional chain. The operation could yield $ 30 million per film to DreamWorks, according to analysts.

Note CocaCola (1.98% to 68.76 dollars) intends to invest nearly $ 3 billion (2.2 billion euros) in Russia over the next five years, his strategy being to to increase its presence in emerging markets, said CEO Muhtar Kent told Reuters Insider.

Chevron (1.64% to 91.49 dollars) Monday gave its final green light to a proposed 29 billion Australian dollars (28.4 billion dollars, 21 billion euros) in the liquefied natural gas (LNG ) to Wheatstone, in Western Australia.

Dollar Thrifty (-0.18% to 59.47 dollars) The car rental group said it expected that its adjusted EBITDA shows a jump between 17% and 28% in the third quarter, and noted the amount its share repurchase program to $ 400 million against 100 million previously.

Bristol-Myers Squibb (0.16% to 30.94 dollars) will be able to cope with the expected drop in sales next year due to the expiration of its patent on Plavix in the U.S. in May , one of the most important drugs in the pharmaceutical group, announced Monday its managing director Lamberto Andreotti.

The website site group purchasing, which aims Groupon a valuation of $ 20 billion, would call into question the timing of IPO. The group is cooled by a volatile market but faces above the federal authorities who refused certain elements of his record says the Wall Street Journal. In addition, the group's director of operations resigned five months after his arrival.The same day, Groupon has revised down its sales in its IPO document, placing it now at $ 688 million for the first six months of the year, instead of the more than 1.5 billion yet he claimed last month. The net loss was revised down slightly to $ 204 million instead of 205 million. And according to the Wall Street Journal.

Pinault bought two real estate networks

Auto Date Friday, September 23rd, 2011

Investing in real estate, is a first for Artemis, the holding company Pinault family property. Shareholder of PPR (Fnac, Gucci, Puma …) with 40.8% of the capital, including Artemis holds auction house Christie's, the Chateau Latour vineyard and share in the construction group Vinci.

For its first acquisition related to the stone, the group chose two companies recent and growing: Optimhome and CAPIFRANCE. Both networks created in 2006 and 2002 achieved a combined turnover of 58 million euros in 2010 and are the main structures of French agents agents at home. It is in fact virtual estate agents do not have shops and relying exclusively on online advertising to recruit customers.Sales or rentals are then carried out locally by commercial agents in the network (for 1200 and 1300 for Optimhome CAPIFRANCE).

Officers dissatisfied

These independent agents are working with them on their own, paid strictly on commission. They support their business expenses, pay payroll taxes and are subject to VAT. They act on behalf and on behalf of their client, only to have a professional real estate agent.

This new business model, reducing fixed costs specific to traditional estate agents, reduces the rate of commissions paid to agents, which can be more competitive than the agencies in charge. "CAPIFRANCE Optimhome and two networks are booming, which are destined to quickly become the reference in the property market.We are convinced of the relevance of their model and their development potential, at a time when 90% of buyers use the Internet customers as a research tool, "said Alban Gréget, deputy director of Artemis Investment. After this double acquisition, the amount was not disclosed, Artemis intends to merge these two networks within the same group and continue the territorial coverage.

For their part, real estate agents 'traditional', are of a very dim view of the development of this competition. "In these networks, agents, officers generally have a very light training, as their seniority. They do not even have the right to complete a sales agreement, "says Jean-François Buet, general secretary of the Fnaim (National Federation of the estate).Like his colleagues, he believes that this activity does not offer enough guarantees of good consumer protection in case of dispute.

Health, family, what will change in 2012

Auto Date Friday, September 23rd, 2011

• Illness: Benefits planed off work

This is the main surprise of this bill: a new method of calculating compensation in the event of sickness. They will now be equivalent to 60% of net wages instead of 50% of gross salary. What saves 220 million per year (6.6 billion). The government presents this change as a … administrative simplification. It will allow companies not to disclose to social net wages, which are already used to calculate other benefits (maternity allowance …), rather than net and gross wages, from 2013. The employees themselves, rather than retain it equivalent to an average of thirty euro lost a full month of daily allowances.And, in 2012.

• The pharmaceutical industry will hand the portfolio

This time, the ads had been widely expected but that does not console the pharmaceutical industry: with complementary health, they will be the main contributors to the decline in the deficit of the branch. They will suffer 620 million of lower prices on drugs, 100 million to align their rates with those of generic drugs in the classes where these "copies" are selling poorly, 150 million tax increase on their turnover (the rate will increase from 1% to 1.6%) who indirectly fund continuing medical education, and 40 million increase in their contribution to the budget of the safety of health products – which it also become indirect.Only medications deemed completely ineffective by the High Health Authority are likely to be delisted, said the health ministry, adding that most of the products concerned is already known.

• Hospital, Medical City: other sources of savings

Public hospitals will save 195 million euros in continuing to reorganize and rationalize their purchases. More controversial, the amounts paid to them by the health insurance for certain acts will be reduced by 100 million and so aligned with the amounts awarded to the clinics for the same acts – is the continuing "convergence rate," which must be total by 2018. Medical City side, doctors have already committed to be "reasonable" in their precriptions, in order to save 550 million. Radiologists and laboratories will have their prices reduced again (170 million).

The measures should enable savings to spend 2.2 billion less than would be the natural tendency, and to take and the goal of a 2.8% increase "only" the envelope of the health branch.

• excess fees: dialogue under pressure

Xavier Bertrand, has not given up an early establishment of the "optional area", the mechanism intended to partially solve the issue of excess fees. But the additional health, without which nothing can happen, reluctant since the increase in their tax. The legislation includes no initial position to encourage them to change their minds or their arm-twisting, the Minister of Health seeking a solution through "dialogue". But an amendment can always arise during the parliamentary debate to ensure that this dialogue does get bogged down …

• Family: CSG apply to parental leave

Two new in 2012 for the family branch: the income ceiling to qualify for the allowance "addition to the type of care" will be raised by 40% for single parents. And CAF will pay when using ex-spouse does not pay in full child support set by the judge in a divorce – so far, for small pensions, it was all or nothing, with no could be released only if the support was not paid at all. Not sure that these two provisions, a total annual cost of 5 million euros, do remember that the allowance paid during parental leave (CLCA) will now be subject to the CSG at the rate of 6.2% such as pensions. This measure will bring it, 140 million. The National Union of Family Associations has denounced a "deadweight loss" from 100 to 400 euros per year to 550,000 families.

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"A deficit of 14 billion for Social Security in 2012

Banks: "Europe did not wait for the IMF"

Auto Date Thursday, September 22nd, 2011

LE FIGARO. – The time has she come to recapitalize European banks, such as the IMF have said?

Michel Barnier. – The Fund is right to insist on the global risk of relapse. However, I disagree with his assessment of capital needs of the banking system. We did not wait for the IMF to do so. Nine banks have failed during these stress tests, sixteen have stood the test of accuracy and also need to be recapitalized. We want this to be done first with private means.

The banks themselves appear reluctant …

The bankers tell us attention, you will penalize growth. This does not impress me, they have short memories.We all know where did the crisis! It is related to insufficient capitalization of some institutions, the failure of oversight and internal governance uncertain – as we have seen at UBS. We must go after the site of regulation: the rules to the service of moral and banks to serve the economy.

In an emergency, the recapitalization can it be done with public funds?

The period ends when we had to bail out banks with taxpayers. But we can not exclude that some banks will need help from the state. The European Commission is preparing and will control. It is especially important to think about public support and social cohesion. As banks have not reached the minimum required capital, they must prohibit the possibility of bonuses.I would go even further on the issue of compensation.

Banks could they be more particular about their lending to indebted countries?

I will propose a regulation in November very strict on credit rating agencies. My main concern is to drastically reduce the often exclusive use that financial institutions are notes agencies in their investment decision. A bank or insurance company should be able to assess the risk itself rather than to defer this responsibility to others. In recent years, such a system would surely have encouraged banks to be more vigilant.

Dominique Strauss-Kahn said that banks should now take note of their losses on Greece. What do you think?

The IMF Managing Director was in Brussels in May 2010 when we set the direction. He participated in the decision.He supported a plan that was not to erase the debt but to impose a push painful to Greeks and to Europe a big effort of solidarity. He also has a short memory.

Some say that the biggest European deficit today is that of solidarity …

The great debate of the presidential is a chance for France. We need to build a real strategy of fiscal consolidation. Then, the future of France through Europe and I know that President Sarkozy affirm. But we must also ask ourselves what Europe we want. France must be prepared to answer the question as its major federal partners including Germany might well ask him quickly.

What should the French priority for Europe?

The next step is a commissioner or a European Minister of Economy and Budgetary Affairs, with real powers.

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The CAC 40 is resistant to degradation Italy

Auto Date Tuesday, September 20th, 2011

The session promises to be rough on the Paris market after the degradation of the note of the Italian debt rating by Standard & Poor's. After closing Monday down 3% below 3000 points to 2940 points, the CAC 40 index started the day down 0.75% before returning to a precarious balance (-0.04% 2938.96 points ). And in the wake of the Nikkei, which finished down 1.61%. Elsewhere in Europe, the Dax in Frankfurt Stock Exchange lost 0.67%, London and Milan 0.72% 1.16%.

The fears of a contagion of debt throughout the euro area after exacerbated to "A/A-1" against "A + / A-1 +" in the night of Monday to Tuesday by Standard & Poor's . The rating agency also maintained a negative outlook on the evolution of the Italian economy and fears of political uncertainty.For the record, the Berlusconi government faces a debt of 1.9 trillion euros, or 120% of its annual GDP. An austerity plan has been adopted by Rome last week, providing 59.8 billion euros in savings with the objective of bringing the budget to balance in 2013. But for now, markets are not convinced.

At the same time the crisis in Greece bogged down. The teleconference scheduled Monday between the Greek Finance Minister Evangelos Venizelos and the three leaders of the troika of the creditors of Greece, which gave birth to a mouse. The meeting, which aimed to reassure the ability of Greece to meet its commitments on reducing deficits, and has resulted in "no official announcement." And, after being delayed, as was held in the evening, while the meeting was initially scheduled earlier this afternoon.These evasions have nothing to reassure the markets, waiting for the release of the next tranche of Athens international loan of 8 billion euros by the end of critical October to break the impasse.

Barack Obama raises his voice

Instead, a new conference of the same type to take place on Tuesday, said the European Commission in a statement. To this must be added the possibility of leaving the euro of Athens as the Greek daily Kathimerini, the Greek government would consider holding a referendum on the continuation of the European currency.To summarize the current concern, Pedro Passos Coelho, Portugal's prime minister, warned in our columns that "if Greece dark, the whole European Union is at risk."

At the European gloom, in addition to lingering fears across the Atlantic, where Barack Obama announced a plan to further reduce the deficit of 3000 billion on Monday, financed half by tax increases for the rich, did not produce any relief. While demonstrating in front of shocked Wall Street against the "greed" of banks, including the U.S. president called the easiest to "pay their share," choosing not to extend beyond the end of 2012 the tax breaks granted to more off by the administration of his predecessor, Republican George W. Bush (800 billion dollars and would be recovered over ten years)."We can not afford these tax rates low for the rich. We can not help us while we are suffering large deficits, "he said.

A meeting of the Fed on rates

On the macroeconomic front, France, received orders worth in the industry in July will be released at noon.

In Germany, the ZEW barometer of confidence the financial community is expected at 11:00.

United States, the housing starts in August will be announced at 14:30. And above all, a meeting of the Monetary Policy Committee of the Fed starts on Tuesday for two days. The U.S. central bank is expected to launch a program to exert downward pressure on interest rates over time. The announcement could calm the markets, especially as the Fed pledged to keep rates low until mid-2013 as a minimum.

On the foreign exchange market, the euro fell against the dollar Tuesday as investors fearing an extension of the debt crisis in the eurozone. In the morning, the euro bought 1.3613 dollars against 1.3692 dollars the night before.

As for oil prices were mixed Tuesday morning in a market still concerned about the debt crisis in Europe after the fall of the note of Italy by Standard and Poor's. In early electronic trading, a barrel of "light sweet crude" for October delivery gave up five cents to 85.65 dollars per barrel of Brent North Sea crude for October delivery gained 48 cents to 109.62 dollars."The downgrade by Standard and Poor's has some worried the markets," said Nick Trevethan, commodities analyst at ANZ Research in Singapore.

Values ​​to follow

• Banking

Societe Generale (-2.43% to 17.26 euros), BNP Paribas (-2.20% to 26.06 euros) and Natixis (-0.99% to 2.30 euros) are again under pressure. Standard & Poor's announced that it lowered a notch credit ratings long and short of unsolicited Italy, while maintaining a negative outlook.Despite his exposure to Greek sovereign debt to the tune of 24 billion euro, the Chairman of the Board of Directors of BNP Paribas, Michel Pebereau said on RTL radio Tuesday that it currently has "no need to be recapitalized."

• PPR (-0.63% to 109.90 euros)

The Group confirmed the abandonment of the auction held to sell Redcats, a subsidiary of distance, a failure that demonstrates the negative impact the financial crisis on mergers and acquisitions transactions.

• Bureau Veritas (1.12% to 54.20 euros)

Bureau Veritas, the world of the inspection and certification, announced Tuesday a target growth of 9% to 12% of its turnover per year, reaching the end of 2015 revenues of approximately 5 billion euros.

• Carrefour (+0.12% at 16.03 euros)

The retailer plans to open within a year a luxury supermarket Place de la Madeleine in Paris (8th arrondissement) of 3500 square meters, La Tribune said Tuesday. The group distribution was confirmed to AFP on the eve "the existence of a project in the district of Madeleine," without specifying the content, however.

• Total (-0.47% to 32 euros)

The oil company is seeking buyers for assets it holds on the British part of the North Sea without being involved in the operations, says Bloomberg. The value of these assets could reach 575 million euros.Total plans to invest in contrast to other sites in the North Sea.

• Zodiac Aerospace (3.37% to 56.75 euros)

The group released an annual turnover in growth and reiterated its goal of profitability for the year, thanks to the resumption of the aviation industry.

• ADP (0.04% to 54.89 euros)

The company announced that traffic was up 1.4% in August compared to the same month last year, 6.1%.

• Manitou (-2.05% to 13.89 euros)

The group announced Monday to be ahead of at least six months of its turnaround plan after publishing financial results up sharply in the first half of 2011.

Arte wants to regain his hearing

Auto Date Sunday, September 18th, 2011

Veronique Cayla, President of Arte since last January, is working to redress the Franco-German channel.

LE FIGARO. – Are you worried hearings lower than for DTT channels?

Veronique Cayla. – Arte was affected later by the arrival of DTT. It was only in 2009 that the audience began to drop out. Until then, the evening of Arte has remained at around 3% audience share and, earlier this year, we went down to 1.8% and 1.5% in the evening on the entire day. As France 5, the transition to DTT implies, moreover, Arte for the transition to broadcast 24 hours 24. While the chain of France Televisions significantly increased its investment in programs, Arte spent only 5 million per year to its schedule of the day, offering viewers between 5:00 and 7:01 p.m. showcase particularly poor.Most of the budgetary effort focused on the distribution costs which increased by 46% between 2007 and 2011.

Our new contract with the state gives us a public grant of 270 million euros in 2012, an increase of 7.3% over 2011. The entire increase will be allocated to programs. In return, we will, over the next five years to reverse the curve of the hearing and to win back viewers. I believe that today, no historical chain would risk such a commitment!

The group Arte has a budget of more than 400 million euros (250 million for France). Is it normal in view of its audience?

Arte is a chain serving the Franco-German broadcast in both countries and whose mission is to produce works (fiction, documentaries, films, live shows …). Which necessarily more expensive.In addition, because of bilingualism, Arte can not be a TV stream as simultaneous translation is simply unbearable for viewers.

Your audience is close to 60 years. What will you do to rejuvenate?

There is no question of rejuvenating the audience but to expand it. We find in fact that the same programs that are viewed on our antenna by more than 55 years seduce our site arte.tv 40 years. In other words, these are not programs that age the hearing but the media. I hope so much courage to all those whose strategy based on a rejuvenation of their audience on television! With Arte, we believe that if we suffered on TNT, Internet will save us.

As for the grid, we will work by step, our goal this year is the access to work and then we will address the day gradually up towards midday.

What are the developments on the Internet?

Arte has always been way ahead of the Internet, as evidenced also the success of Arte + 7, our catch-up TV, Arte Live Web, our platform for concerts and live performances, and Arte Creative devoted to art. Today, viewers may find this offer via mobile applications. We will amplify this group policy by continuing to create specific content for the Web. The recent history proves audiovisual Arte must not remain isolated but create a "group" around its antenna.We plan to create three other platforms that could be spent, for example, environment, film and history.

In 2012 and 2013, we will focus on the production of hybrid programs that can be broadcast in television and declined at the same time on the Internet. So we will keep our lead on the connected TV is a blessing to us! It will enable us to attract a wider audience in television and offer a more demanding public and sharp versions of these programs, all on the same screen. At the same time, we will work to relinéarisation part of our program digital platforms to allow viewers to create their own channels Web2.0.

Some accuse you of being more a chain of discovery.What do you say?

Given the history of the chain, it was normal to do work of historical reconciliation between our two countries. That's why the story has long been the focus of programming Arte. Today, there is no reason not to add more in this chain. We must look at the world. Otherwise, Arte no sense in relation to public expectations. The discovery programs are quite a place on Arte.

Safety: the state will monitor the expatriate

Auto Date Friday, September 16th, 2011

The government has agreed to the lists of tax and those insured are cut. Objectives: flush out the expatriates who continue to use their cards so vital that they should not.

The daily Le Parisien, Aujourd'hui en France, the budget minister, Valérie Pécresse, and Labour Minister Xavier Bertrand has Frédéric Van Roekeghem charge, the Director General of the National Health Insurance Fund to carry out controls and fraudsters continue to strike to pay back their spending by the organization of care during their stay in France. Tens of thousands of people would be concerned, and the damage is estimated at 100 million euros for Social Security.

Unlike employees "detached" who benefit from the social security system because their employers pay charges in France, expatriates contribute to the plan in force in their country of residence or insurance coverage (private or through the body of the French overseas ) paydayloans. In theory, they can no longer be reimbursed by Social Security. In practice many of them are still supported during their stay in France … and benefit for treatment. A questionnaire will be sent to all insured persons suspected of abusing the system.If fraudsters right will be lost for the future, there is little risk, however, that they are forced to repay the sums received on account of the slowness of the proceedings.

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The Top 3 Collection Of Hair Dryers

Auto Date Thursday, September 15th, 2011

A hair dryer has come a long way since its invention in the 1900s. In fact, hair dryers are now available over an accessory to dry your hair and are now used to create various hairstyles. In other words, a solia hair dryer is a much preferred choice for both for home and salon. The growing popularity of the dryers has led many companies to introduce leading hair dryers Edge Incorporated with several advanced features allowing a confusing task to choose the perfect hair dryer or appropriate. Would you like to shop a professional hair dryer, but confused about his choice? And discussed later in this article are among the top hair dryers now available in the market – read our hair dryer reviews.

Paramount Velecta Tourmaline Ceramic Hair Dryer

Launched by France-care company hair – Velecta Paramount, this hair dryer is particularly praised for the technology used for its manufacture is an integration of ceramic and tourmaline, which in turn leads to the generation of massive far infrared rays and negative ions that help for frizz-free, shiny, and drying hair faster. Her highlights also include 1875 watts, Airflow 80 mph powerful, built-in negative ion generators, long life AC motor and a ceramic grill. To add to convenience, it is attached with switches built as two heat settings, two speed settings and a cool shot button. Equally worth mentioning is its well balanced and easy to handle profile.

Paramount Velecta revolutionary Ultra Quiet Ceramic Tourmaline Hair Dryers

The hair dryer is also much preferred Velecta introduced by Paramount, and is characterized in terms of properties of the technology of advanced noise reduction which contributes to a quieter work by reducing the noise by 60%. Ultra lightweight profile, the hot air flow and powerful, built-in temperature control knobs and speed, bumper buttons on each side, two nozzles, barrel extension, and extra long 10 foot cord Power is his heavy professional other unique features. Above all, it makes limited six month warranty.

BaByliss Pro Tourmaline and ceramic hair dryers

This may be the hair dryer after the most preferred hair dryer Velecta Paramount. It is made using a mixture of ceramic and tourmaline technology and complemented by the properties of the ionic technology. Little mention among many of its outstanding features are 1750 watts, ceramic grill, heat to high and very powerful air circulation, two-speed and three heat settings, concentrator nozzle attachable to, and extra long cord Professional power with high flex protection. In addition, it is supported by one year limited warranty.

LVMH hires Danone her future boss to Vuitton

Auto Date Wednesday, September 14th, 2011

The question of the succession of Yves Carcelle, who turns 65 next year, Louis Vuitton, LVMH's flagship brand is a question that torments long time analysts. It's finally out that Bernard Arnault, chairman of luxury group and parent company of Louis Vuitton, has found a rare bird. The lucky winner is a 47-year Spanish, Jordi Constans, the current head of Danone's fresh dairy products. He worked in the group since 1990. He joined Louis Vuitton to discover the group during the year 2012 and succeeding Carcelle early 2013 at the head of the first luxury brand in the world.

Yves Carcelle take over the presidency of the "Louis Vuitton Foundation" which will open in early 2013 to the completion of the project designed by Frank Gehry. He will remain executive committee member of the LVMH group and be responsible for strategic missions to the President of the Group.

Bernard Arnault acknowledges the work of Yves Carcelle which, since 1990, "hosted the extraordinary journey of Louis Vuitton.".