Boeing could reduce the price of tanker

September 7th, 2010 admin Posted in business success, facts, occupation, office, profitable Comments Off

Boeing has not ruled out Tuesday the possibility of reducing the price of its bid to build 179 tanker aircraft for the U.S. army, a contract estimated at 25 billion dollars (20 billion euros) it argument once again his great European rival EADS.

U.S. Air Force is currently reviewing applications from two groups, due by July 9, and may request further information.

This is the third time that the Pentagon conducts the tender to replace its fleet of KC-135, whose average age is around 50 years.

The contract is for several years among the priorities of capital projects for the Air Force.

The government usually requires a modified offers and if so, "we will respond," said Dennis Muilenburg, head of Boeing's weapons industry, at the summit organized by Reuters on the aviation and defense Tuesday in Washington.

"Our intention is to continue to offer a winning bid," he said in response to questions about the possibility of a reduction of the bid price at the Pentagon."Beyond that, I can not make specific comments until we have no specific requests of our customers."

The tanker is "a national priority and Boeing is ready to respond by taking into account the priority," he added.

Guy Hicks, a spokesman for the North American branch of EADS, has reacted to these remarks by explaining that an "interactive process with the customer" was committed.

"We have submitted a convincing proposal that corresponds to our trade policy," he said in an email. "We have the most capable tanker in existence.Point. "

The Air Force plans to issue its final decision later this fall, theoretically no later than December 20.

Dennis Muilenburg said that Boeing should decide on a possible revision of its offer price based on the interests of all its stakeholders.

"We will make decisions financially responsible," he added.

The first tender for the contract to supply ships failed in 2004 after a scandal that led to prison the number two arms purchases from the Air Force and a former chief financial officer of Boeing.

In 2008, the Pentagon awarded the contract for 179 aircraft to a consortium of Northrop Grumman and EADS, but the decision was overturned after an appeal by Boeing.


The EU continues its work on economic governance

September 6th, 2010 admin Posted in blog, business opportunity, business success, corporations, work Comments Off

Three months after agreeing on the outlines of a major reform of EU economic governance, finance ministers from twenty-seven had to lean on Monday include the issue of more effective sanctions for breach of the Stability Pact and growth.

On the menu for the meeting re-entry working group chaired by Herman Van Rompuy: study of the arsenal of available sanctions, reflecting on how they should be fired and "half the European budget", that is to say, presentation by Member States to the European Commission of their proposed budget before adoption by national parliaments.

"We must ensure that those sanctions can be more automatic, they can be accelerated in order to play a role in the preventive (Stability Pact)," said Luxembourg Prime Minister Jean-Claude Juncker in his arrival in Brussels.

Mentioned before the summer break, any suspension of voting rights in the Ecofin Council or a freeze on payment of structural funds and agricultural subsidies, however, seems more relevant.

Many countries consider that these measures would be very difficult to implement and might ultimately penalize people more than their governments.

According to one European diplomat, the exercise of that Monday is similar to "duties of re-entry.

"The idea is to list what is already approved – to 27 economic government, half the European budget – and to go a little further into the technical discussion on sanctions before the October European Council where these options be endorsed by EU leaders, "he said personal loans.

MECHANISM ANTI-DEPRESSION

The discussion about creating a permanent mechanism for crisis management should be postponed for a later date due to technical questions posed by the device, but also differences of view on the shape and scope of Twenty Member States between -September

"Mechanism (crisis management) should be discussed in the next few weeks and it might be wiser to defer this matter to a later date (…) This requires, as perceived by some, a change treaty. I do not think we are prepared to amend the treaty, "said Jean-Claude Juncker.

The European Commissioner for Economic and Monetary Olli Rehn echoed the statements of the President of the Eurogroup.He believes that sanctions pact to become "quasi-automatic" and that time does not press for an agreement on anti-crisis ongoing.

"It's probably better to postpone the debate on the aid mechanism (…) We have a credible mechanism that works and we can give time for reflection," he said.

The European Union agreed in early May on a plan to support the euro 750 billion, consisting of a community fund of 60 billion euros and loan guarantees of 440 billion euros supplemented by a budget of 250 billion euros from the International Monetary Fund.

This plan is intended to assist for a period of three years from any country of the European currency area that would have the need and request it.

It will complement existing bilateral loans to Greece for a total of 110 billion euros.


EU approves funds for financial stability Greece

September 3rd, 2010 admin Posted in blog, business opportunity, business success, success, tidings Comments Off

The European Commission gave its approval Friday to fund financial stability of 10 billion euros to recapitalize banks in difficulty as Greek by the credit crisis, considering that this mechanism is compatible with European Union rules in respect of aid.

This fund is part of a device based emergency loans to three years made in May by the euro area and the International Monetary Fund (IMF) to stem the contagion of the Greek debt to other countries.

"I am satisfied that the conditions under which Greece can use the funds comply with rules on support schemes for the financial sector during the crisis," he said in a statement Joaquin Almunia, European Commissioner for Competition.

The EU executive announced that the fund could be used until June 30, 2017.


The truck traffic, driving the recovery for APRR

August 28th, 2010 admin Posted in business success, corporations, networks, occupation, success Comments Off

APRR has benefited in the first half of the resumption of road traffic, especially HGVs, which illustrates the improvement in economic conditions.

The net number four European sector, which has already published in July sales up 6% in the second quarter, up 16.3% to 174 million euros and EBIT of 5 , 1% to 422 million, as the EBITDA (+5.1% to 631 million).

Traffic, measured in number of miles traveled is up 3.1% over the first half of 2009.

Traffic car (VL), which had been assigned to the first quarter by multiple snowfalls in France, has benefited the reverse in the second quarter of prolonged disruption to air transport and rail in April. Eventually, it rose 2.6% over the first half of 2009.

The truck traffic (PL) has benefited from improved economic and confirmed its recovery with an increase of 5.8% over the first half of 2009.However, there remains 12% lower traffic recorded in the first half of 2008.

"The summer so far confirms the recovery of HGV traffic since the beginning of the first quarter, and the positive trend of development of light vehicle traffic," the group notes in a statement.

APRR estimated that the increase in toll revenue resulting from traffic recovery in 2010 will allow a further improvement in EBITDA margin (67% off construction at S1 and 68% in 2009).

Autoroutes Paris-Rhin-Rhône, a subsidiary of construction group Eiffage and concessions, is currently the subject of a bid withdrawal Eiffarie initiated by the joint venture between Eiffage and Australia's Macquarie has a concession at the network APRR Privatization of French motorways in 2005.

The President of the General Council of the Saone-et-Loire, the Socialist Arnaud Montebourg took the Financial Markets Authority (AMF) to try to block the exit of the Exchange APRR, because the privatization of the concessionaire would be integral.

Before the publication of these results, the action APRR closed Friday at 54.0 euros (+0.15%), which translates into a market capitalization of around six billion euros.


The CAC 40 Opens in decline until the Fed and U.S. GDP

August 27th, 2010 admin Posted in blog, business opportunity, business success, connection, marketing Comments Off

The Paris Bourse falling off again Friday at the opening in the wake of American and Asian seats in anticipation of several economic indicators, the estimate of U.S. GDP in the second quarter, and the speech by Fed Chairman Ben Bernanke.

Around 9:15 am, the CAC 40 index yields 0.14% to 3470.19 points.

Carrefour leads the ACC increases and takes 1.04%, followed by Lagardère earning 0.68% Thursday after noting its 2010 objectives.

EADS shows the largest decline and fell by 3.06%.The daily Les Echos reported on Friday that its subsidiary Airbus has revised downwards its forecast production rate of the A350.

Outside ACC wins Scor 2.86% after an increase of recommendation from JP Morgan to overweight cons neutral.

London and Frankfurt are treading water, instead yielding UK 0.04% while the German rises of 0.01%. As for the European indices, the EuroStoxx 50 fell by 0.2% and the Eurofirst 300 lost 0.18%.

The Euro remains above 1.27 dollars after its rebound from yesterday, and traded around 1.2707 against the dollar.

U.S. light crude oil retreated slightly and treated around 73.10 dollars a barrel.


AIG loss in Q2 due to heavy depreciation

August 7th, 2010 admin Posted in Uncategorized, business opportunity, business success, calculation, work Comments Off

American International Group (AIG) reported a quarterly loss as its results were recipients a year earlier, due to the recognition of a significant impairment charge.

The American group, owned about 80% by the state, issued under a second quarter net loss of $ 2.7 billion (2.05 billion euros), or $ 3.96 per share, against a profit of $ 1.8 billion ($ 2.3 per share) over the corresponding period last year.

The deficit is mainly due to the insurer an impairment charge of $ 3.3 billion.

In data adjusted, AIG reports a profit of 1.3 billion dollars (1.99 dollars per share), against 1.1 billion dollar ($ 1.71 per share) a year earlier.

In pre-market, the title earned 5.3%, after closing at 39.90 dollars Thursday in New York.

Since the early action took 33% against 7% growth posted by the S & P's insurance industry.


LG earnings fall, weak sales in telephony

July 28th, 2010 admin Posted in business success, calculation, connection, office, plans Comments Off

South Korea's LG Electronics, second largest manufacturer of televisions, publishes a profit fall 90% in the second quarter, a decline much steeper than expected.

The range of smartphones in the group, yet undeveloped, is suffering from competition from Apple and Samsung Electronics, which is expected to increase further in the second semester with the launch of new models of smartphones by the rivals.

"Results are not encouraging until the third quarter but that should improve next quarter with the launch of the new smartphone equipped with the Android operating system," said Nam Dae-jong, an analyst at SK Securities.

A fragile economic recovery and growing uncertainty surrounding the European fiscal crisis could also discourage the demand for flat screen televisions and other appliances such as washing machines or refrigerators.

The group reported an operating profit of 126 billion won (81.7 million euros) in the second quarter, against 1,240 million won a year earlier, Thomson Reuters and a consensus of 210 billion won .

Sales of televisions have been affected by a decline of nearly 10% of the euro against the dollar last quarter, inflating the cost of flat panel displays and other production materials priced in dollars.

Europe accounts for about 40% of turnover generated by the segment LG TVs.

With an operating loss of 120 billion won in the quarter, the mobile phone division remains the weak point of the group that plans to double its production in the second quarter. But everything should depend on the success of its smartphone running Google Android to be launched this quarter with 120 operators.

LG Electronics believes that sales of mobile phones should have little upside in the current quarter.

The group has passed 30.6 million phones in the second quarter, against 27.1 million the previous quarter.

Title LG lost 2.88% to 101,000 won on the Seoul stock exchange.


In the United States, 102 banks failed in 2010

July 24th, 2010 admin Posted in business success, connection, marketing, tidings, work Comments Off

Six U.S. bank Friday were declared bankrupt by the regulatory authorities, bringing to 102 the number of establishments in this situation the United States since the beginning of the year.

In 2009, the figure of one hundred banks in bankruptcy had been reached in October.

The banks involved in Friday's announcement is the Sterling Bank of Lantana (Florida), the Crescent Bank & Trust Company Jasper (Georgia), Williamsburg First National Bank of Kingstree, South Carolina (), Thunder Bank Sylvan Grove (Kansas), the Community Security Bank of New Prague (Minnesota) and the Southwest USA Bank in Las Vegas (Nevada), said the authority of deposit insurance, the FDIC.

The largest of the six, the Crescent Bank and Trust, has eleven branches and approximately $ 1.01 billion in assets.Its deposits reach 965.7 million dollars.

According to the FDIC, which guarantees individual deposits up to $ 250,000, the six failures will cost about 394 million dollars added to its compensation fund.


Decline in number of unemployed in June in Spain

July 3rd, 2010 admin Posted in business opportunity, business success, corporations, profitable, work Comments Off

The number of registered unemployed persons decreased by 2.1% in June from the previous month, bringing the number of unemployed people below four million, 3.98 million, according to data of Ministry of Work published Friday.

In May, the number of unemployed was 4.06 million.

Spain's unemployment rate the highest in the euro area. It was 20% of the workforce in the first quarter, according to the National Institute of Statistics INE.


The 1st quarter U.S. growth revised down to 2.7%

June 26th, 2010 admin Posted in Uncategorized, advertising, business success, tidings, work Comments Off

The U.S. economy grew 2.7% annualized first quarter, according to final estimates released Friday, an increase below the expectations of economists and projection previously announced.

The estimate published last month by the Commerce Department reported a rise of 3.0% of gross domestic product (GDP) in the first quarter.

Economists polled by Reuters had expected a confirmation of this estimate.

The fourth quarter of 2009, the American economy grew by 5.6% annualized.

This revision mainly reflects a lower estimated expenditure of households and businesses, which grew by 3.0% and 2.2% in the first quarter against 3.5% and 3.1% in previous estimate.

Although final figures for the GDP are lower than previous estimates, they mark's third straight quarter of expansion of economic activity in the U.S. after its worst recession since the 1930s.