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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 action Accor is the largest increase in the CAC 40 Tuesday morning at the Paris Stock Exchange after the announcement by the group of transfer walls 48 of its hotels in Europe for 367 million euros and an insurer a property company.

"The achievement of a significant number of assignments, the return of property investment companies in the market for hotels and good conditions of the transaction, all this confirms the potential value creation of the group's property portfolio," said a trader.

He added that Accor, which publishes Thursday its first half results, "is ahead of its targets on asset disposals, which confirms the willingness of management to accelerate the deleveraging of the group.

CM-CIC Securities considers the "positive set" and also stresses that it "is in line with the strategy" asset-right "Accor launched this year and will result in debt reduction the coming years.

It "also addresses the second goal of Accor, namely get flexibility on the rent with a lease variable," said the broker, which reiterates its advice to buy with a target price of 32 euros.

Credit Suisse is neutral and maintains its price target to 26 euros in the expectation of semi.The broker believes that the disposals will have a limited impact on earnings per share.

The bank added that its 26 euro price target incorporates the potential for recovery of Accor.

The sale announced Monday walls was performed for 80% of the amount with Predica insurance arm of Credit Agricole, and the rest with the Land Walls, a subsidiary of Land Regions.

At 11:10, Accor gains 0.49% to 23.475 euros while the CAC 40 lost 1.37%. Property Walls is 0.35% and Land areas lost 1.21%.

The U.S. Abbott Laboratories has reported quarterly earnings slightly better than expected, driven by strong growth in sales of prescription drugs, medical devices and nutritional products.

Net income for the second quarter was virtually unchanged at 1.29 billion dollars (one billion euros), or 83 cents per share.

Excluding items, earnings in the quarter rose 13.5% to $ 1.01 per share. Analysts on average expected $ 1.00 according to Thomson Reuters consensus I / B / E / S.

Worldwide sales increased 17.8% to 8.82 billion dollars, a result consistent with the consensus that almost amounted to 8.84 billion dollars.

Sony Ericsson Friday reported a second consecutive quarterly profit, while reaffirming its forecast for a slight increase in volumes of the global market for mobile phones this year.

The mobile manufacturer, owned jointly by Ericsson and Sony, posted pretax profit of 31 million euros in the second quarter against an average forecast of analysts of 16.5 million according to Reuters.

During the same period of 2009, the group had suffered a loss of 283 million euros.

"Sony Ericsson maintains its forecast of a slight increase in the global market in 2010," the company said in a statement.

The overhaul of management of public finances of states is needed to reduce threats to financial stability and the real economy, said Monday the governor of the Bank of France.

At a conference, Christian Noyer, a member of the Board of Governors of the European Central Bank, said that the measures taken by the ECB, in particular the purchase of sovereign debt, fulfill this dual goal, but they not sufficient alone.

Among the symptoms that the ECB decided to act, he cited the rise in risk premiums on certain sovereign debt, disruptions in the interbank market and the repo and the increasing difficulty of financing for some banks.

"This reflects a general state of uncertainty, if replies are not made, can have significant consequences for financial stability and the real economy as was the case in the latter part of 2008," Christian Noyer said.

Measurements of the ECB "fulfill their role," he said.

"It is clear however that these measures alone will not suffice," he said."Doubts about the sustainability (" sustainability ") of public finances in many countries are at the root of the current uncertainty."

"Thus, a condition that the market tensions subside is that fiscal discipline is implemented rigorously," he added.

The Acquisition Program sovereign debt by the ECB, "can not and will not be a substitute for effective and rapid fiscal consolidation," he said.

Christian Noyer said on the other hand that at no time during the crisis, inflation expectations had deviated significantly from the ECB's definition of price stability, which is near and slightly below 2%.