Dexia and Lagardere will be included in the index Next20, ante ACC with Edenred and Rhodia, while Atos Origin and Land Regions are withdrawn over Natixis and Publicis.

These decisions will take effect from the trading session of September 20, 2010, said Euronext, which manages the Paris, Brussels, Amsterdam and Lisbon, and the New York Stock Exchange now payday loans.

The Scientific Council of indices for the Paris Bourse meets four times a year.It decides the composition of indices taking into account market capitalization, volume and weight of the share float of securities.

Five values also incorporate the SBF 120 – Bull, Faiveley Transport, Medica, Ruby and Sequana, while six are removed – Beneteau, Bonduelle, French Cement, Euler Hermes, Sperian Protection and Vilmorin.

Following these instructions, the chemicals group Sinochem has held meetings with several banks which include Citigroup, HSBC and Morgan Stanley, said the source.

One option being considered is an alliance between Sinochem and the sovereign wealth fund CIC, said a second source familiar with the matter.

The instructions given by Beijing, which demonstrates that the Chinese authorities take seriously the hypothesis of a takeover by BHP and Potash its possible implications on the price and supply of fertilizer, despite obstacles that would surely meet a cons-offer.

Sinochem has declined comment. CIC could not be reached immediately. The banks mentioned were refused comment.

The sources spoke on condition of anonymity because they are not authorized to speak publicly on the matter.

The unemployment rate as defined in International Labour Office has declined to 9.3% and 9.7% in France with overseas in the second quarter against 9.5% and 9.9% in the first, announced Thursday INSEE.

"This is good news, especially now that a new repeating itself," said Christine Lagarde told Reuters.

"When is two consecutive quarters, there is reason to believe that not only stabilized but unemployment is perhaps past the right side of stabilization.People come, hopefully in permanently reducing unemployment. "

In a previous interview after the announcement of a decline in the number of jobseekers in Class A in July, 25 August Christine Lagarde had referred to "stabilize" trend that is becoming.

Asked to say at what level of growth in France was able to create lasting jobs, the economy minister said: "It is almost certain it was only 2% of net job creation sustainable, but look at the current period, to 1.4% pace of growth was the net creation of jobs.

"The French economy has created about 60.000 new jobs since the beginning of 2010 when it evolves at a rate of 1.4 to 1.5% growth, so somewhere between 1.5% and 2%, the French economy created jobs .

"What is important is that we can maintain this trend of declining unemployment and net creation of jobs," she added.

The government forecasts economic growth of 1.4% this year and 2.0% in 2011.

Wesco, which is headquartered in Pasadena, California, is run by Charlie Munger, vice chairman of Berkshire Hathaway.

The transaction in cash and stock should be around 500 million dollars (390 million euros) on the basis of book value at Wesco dated June 30His actual amount will be determined on the basis of the carrying value of the company at the time of the closing of the transaction Warren Buffett hopes that it will happen this year.

In a statement, Wesco said it had established a committee of three independent directors to consider the offer from Berkshire fast cash.There is no guarantee that the transaction is concluded, says the company is mainly active in insurance, furniture rental, and steel.

Warren Buffett, who is aged 80 years, has announced its intention to redeem the remaining Wesco August 26, which has resulted in a leap of 11.8% per share this year.

Wednesday, the stock closed up 46 cents at $ 363, giving the 19.9% stake coveted by Berkshire market capitalization of 514 million.

Berkshire had acquired 80.1% stake in Wesco there are more than 30 years. Charlie Munger, aged 86, is CEO of the group since 1984 and has parallel Vice-Chairman of Berkshire since 1978.

The French distributor of ready-to-wear said it had an operating profit up 12.4% over the first six months of the year, to 54.3 million euros.

Its sales have in turn increased 9% to 379.2 million euros.

In its statement, however, stressed that Camaïeu same perimeter and exchange rates, turnover fell 3.9%.

"Business was badly affected by the summer sales period was extended by one week in July rather than June, but was offset by improved margins on sales," said Camaieu .

The group also said to have opened 39 stores since the beginning of the year, bringing its fleet to 894 stores including 342 abroad.

At the Paris Bourse, the action Camaïeu closed Monday at 158.48 euros, up 5.65%.

The Nikkei index closed at 8991.06 points and the broader TOPIX, took 0.96% to 819.62 points.

At midday, the Nikkei had yet descended to a lower conference room of 16 months.

According to Kyodo News, Japanese Prime Minister Naoto Kan was to hold a press conference Friday to outline the measures taken by the government to control the sudden appreciation of the yen.

The exporters, who are particularly affected by the rising yen, have therefore taken the colors, Honda Motor TDK and Advantest winner respectively 1.63%, 2.79% and 1.72% at closing.

A few minutes after the start of trading, the Dow Jones gained 0.28% to 10,087.98 points, the Standard & Poor's 500 index 0.38% to 1159.29 points and the Nasdaq Composite 2148.66 0.33% points.

The markets were reassured by a larger decline than expected enrollment in weekly unemployment in the United States during the week to August 21, at 473 000 504 000 cons last week.

As for values, Dell noted Thursday his company bid on the data storage 3PAR to 24.30 dollars per share, a superior proposal to that presented by Hewlett-Packard.The IT group has indicated that the Board of Directors 3PAR has accepted his offer.

Titles took Dell and HP respectively 0.8% and 0.75% at the opening, while the title 3PAR lost 1.9%.

"The stronger yen has a big impact on us.We will adopt measures to minimize cons-impact, "he told Reuters Insider assistant general manager, Toshiyuki Shiga, outside the auto show in Moscow.

He said that the cons-measures envisaged included an increase in imports of automotive components.

"We still do not change our earnings prospects but there are headwinds: the raw material costs rise, the yen appreciates (…) We have taken into account in our budget to a parity of 90 yen per dollar He is now at 83 yen, "he added.

While investors are hoping for a response from the Japanese authorities to contain the strong yen, Nomura Securities estimates that a rise of the yen against the dollar would result in a decrease of 0.9% of current earnings of major Japanese industrial groups fiscal year 2010-2011, which ends in March.

Nissan, the third Japanese automobile manufacturer, hopes to increase its market share globally this year with a growth of about 8% of its sales to 3.8 million vehicles, thanks to new versions of its small city Micra / March in his "crossover" Juke and other new models.

"Based on current trends, we can exceed our goal of global sales (3.8 million vehicles) if the market remains stable but the U.S. recovery is not expected to change very positively," said Toshiyuki Shiga.

Moreover, the CEO of Nissan in Russia, Francois Goupil de Bouille said it expects to double sales of the manufacturer on the Russian market to 100,000 vehicles this year, while all the Russian car market could reach two million units, after falling in 2009.

In late July, the Japanese group, in which Renault owns 43%, maintained its forecast of annual results due to uncertainties surrounding the outlook for global demand, despite the publication of its best quarterly operating profit for over two years.

HP offers a 24 dollars per share, an amount 33% higher than that proposed by Dell at $ 18 per share in cash, or $ 1.15 billion in total.

The proposed transaction represented by Dell when it announces a 87% premium over the closing price of 3PAR.

HP recently rocked by the resignation of its CEO Mark Hurd in early August, said that the board had approved the transaction.The closure of the transaction is expected before the end of the year, the company said.

STRATEGIC ACQUISITION

This acquisition would allow the IT group to extend its range of storage products for the 'cloud' (computer via the Internet) and support its service activities, like other industry heavyweights like IBM, they which tend to generate higher gross margins than sales of computers.

"3PAR enables us to expand our business in the storage and diversify our products," said Dave Donatelli, head of the business networks, servers and storage group, during a conference call.

Around 16:30 GMT, 3PAR jumped from 42.68% while the share of HP yielded 1.93%.

The boards of Dell and 3PAR had approved the terms of the agreement.

"We have proposed a superior offer, we are confident in our case and our proposal."

Due to the premium offered by Dell, industry analysts were surprised by the offer of HP, even if they had raised the possibility of a competing offer.

Shannon Cross, analyst at Cross Research, an additional supply could still be issued, which could start the beginning of a strong competition for this acquisition is rare in the technology sector.

"I do not think they (HP) undertake an acquisition only to weaken Dell is a strategic asset," she says.

3PAR and Dell were not immediately available for comment on the announcement of HP.

While only a handful of companies in the Standard & Poor's 500 has not yet submitted its accounts, the average growth index of profits in the second quarter stood at 38.4% compared to the corresponding period of the Last year, according to data from Thomson Reuters.

Such performance is unlikely to be equaled in the third quarter.The estimates, which are currently still at the level they were in early July, predicting earnings growth of 24.9% over one year.

"It could well be one of the last quarter for which the results are as good as mine.There is already, for example, they slow down or they're to move downward for 2011, "said Pankaj Patel, analyst at Credit Suisse in New York.

If 75% of the S & P 500 have exceeded estimates in the second quarter, compared to an historical average of 62%, many observers believe that profit margins could well have peaked.

Productivity has in fact declined by 0.9% over the same period, suggesting that companies may well find themselves unable to maintain their level of profitability.

ESTIMATES TOO OPTIMISTIC?

The average margin for the S & P 500 was 8.9% in April-June, against 6.2% a year earlier, according to Howard Silverblatt, an analyst at Standard & Poor's.

The disappointing economic indicators published in recent weeks, particularly on the employment front, began to be integrated into the course: the S & P 500 has a 0.7% drop since July 12, the start of the season results .

"There are many headwinds (…) and if you start to take them into account, we see that some numbers may be too optimistic," said Alan Lancz, president of Alan B. Lancz & Associates, an investment consulting firm.

The second part of the earnings season has been worse than the first.Of more than 2,000 U.S. companies announced their accounts, more than 70% have exceeded analysts' estimates during the first half of the period of publication, but this ratio fell to 66% by the end of the season, according to analysts at the company Studies Bespoke Investment Group.

For the third quarter, the estimates should not change much more until early October.

"Unless exceptional economic event (…) a major change in numbers is unlikely" for at least several weeks, Judge John Butters, head of U.S. monitoring results, Thomson Reuters.

The restatement of financial results of listed companies has been a major driver of the rebound in the S & P 500 from the lowest 12 years hit early in March 2009 and since then, the index rose by 58%.