Friday, March 4, 2016

CAC 40: a slightly positive note before US employment. – Boursorama

(CercleFinance.com) – The Paris Bourse operates on a slightly positive note Friday in early trade while awaiting the US employment figures for February

Around 10:00. the CAC 40 in advance from less than 0.1% to 4417.7 points in a reduced volume of 350 million euros. Over the previous three sessions, the benchmark index of the Paris market had gained nearly 2.4%.

Elsewhere in Europe, London rose 0.2% and Frankfurt 0.5% takes. The pan-European index Euro STOXX 50 shows a gain of 0.2%.

‘We thought that buyers were running out of fuel, but the gains are widespread through the commodity sector that benefits a again the good performance of metal prices, “explains Tony Cross, analyst Trustnet Direct.

the European index values ​​related to raw materials, the STOXX Europe 600 Optimised Basic Resources, shows this morning the best performance of the Old Continent with gains of 2.5%.

the market should remain relatively hollow pending the release of the US employment report at 14:30, for which the consensus expects 185,000 creations positions.

‘It is expected a solid figure so any surprises would give investors the perfect excuse to take profits before going on a weekend’, warns Tony Cross.

in Paris, oil and oil services values ​​maintain their lead with the continuous increase in prices of black gold. Vallourec flies by 8% and has almost 60% gain on the week as overdrafts buyouts are multiplying.

In general, redemptions of short positions grow the most massacred values rising (CGG, Zodiac Casino, ..), noted the teams of Barclays stock.

Arkema nevertheless gives 3% to 61 euros after having soared by almost 9% yesterday following its annual results. SG analysts this morning bring their price target on the value of 70 to 68 euros.

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Standard and Poor’s is considering increasing the rating of Valeo – The Point

The rating agency Standard and Poor’s was more optimistic Friday for the French automotive supplier Valeo, announcing that it could raise by one notch the debt rating of the company in two years according to a statement.

SP “has revised to positive from stable its outlook” on the group while maintaining unchanged its rating to “BBB” level granted to medium quality issuers but able to meet their obligations, explains the document.

This amendment reflects “the strong performance of Valeo in 2015, with solid growth in revenue and EBITDA (gross operating surplus) accompanied by an improvement in cash flow, “said SP.

” While we expect Valeo to issue new debt to fund acquisitions and Spheros Peiker announced in December, we believe this leaves a sufficient margin of maneuver “in financial terms, the agency notes.

a higher rating” will depend on the company’s ability to maintain a ratio of adjusted operating cash flow and debt comfortably above 45%, and adjust its appetite for new acquisitions “in order to maintain it, said SP.

jum / fpo / sg

isinFR0000130338VALEO

03.04.2016 11:02:31 – Paris, March 4, 2016 (AFP) – AFP © 2016

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Thursday, March 3, 2016

Xiaomi launches redmi Note 3 Pro in India and abandons the suffix … – LesMobiles.com

xiaomi

Three months after China, redmi Note 3 landed in India. A delay due to the Made in India’s political course, but also good as the smartphone is a little better equipped than the one sold in China.

Xiaomi moved to India last year but no question of importing his creations. All smartphones it sells are manufactured locally. This is obviously one of the reasons the décallages with China, sytématiquement served first. But wait sometimes good. This is the case for redmi Note 3. Launched in November in the Middle Kingdom, it happens in India today with a few surprises.

Xiaomi Note redmi 3

Snapdragon 650 and 16 megapixel camera

They are two in number. The first is that the Helio X10 was replaced by the 650 Snapdragon from Qualcomm. The second has two cores less than the first level CPU but catches up with a more solid architecture (two Cortex-A72) and Adreno 510 for graphics. Second change. Camera from 13 to 16 megapixels and earns a bonus, a phase detection autofocus

The rest is preserved, but it is not bad as it includes a full HD 5.5-inch, 2 or 3GB of RAM combined with 16 or 32GB of storage, a 5 megapixel webcam, a fingerprint reader and a battery of 4050 mAh. All this, taken in a metal frame and animated by MIUI 7 with Android 5.1 Lollipop to stand.

The more pampered Indians than the Chinese? Not necessarily …

redmi Note 3 therefore appears to be a better deal in India than it is in China. At least that’s what one might think at first. The reality is somewhat different. Both improvements mentioned above are also available in China, but with a different model: the redmi Note 3 Pro. The pricing is also similar: around € 150 for the 16GB version and € 180 for double

The Indians have therefore not truly entitled to preferential treatment but Xiaomi their savings. least the intermediate stage of redmi Chinese Note 3 which is simply a redmi Note 2.5, and that’s a good thing.

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Galaxy Note 6: release date, price, features and concepts … – Gentside

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Galaxy Note 5

All information regarding the release date, price, technical features and concepts of the future PHABLET of Samsung, the Galaxy Note 6

Release Date:.

No date output was provided by Samsung. The smartphone should be presented in August 2016 before a September release

Price.

the price of the Galaxy Note 6 remains, for now, unknown. It takes on a Marketing at around 750 euros

Features.

Screen: a slab Super AMOLED 5.8-inch can display a 4K (2560 x 1440 pixels) for a definition of 806 pixels per inch

operating system. Android Lollipop 6.0.1

Processor: Snapdragon 820 Qualcomm or Exynos 8890

RAM: 6 GB RAM

digital Cameras: 12 megapixel back with BRITECELL photo sensor and an f / 1.7

Storage 32 GB internal 2TB via microSD

Battery Life: battery 4000 mAh

Specificity: OIS technology Super Plus

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NOKIA: Fitch raised its rating by one notch to BB + – Le Figaro

(AOF) – Fitch Ratings has upgraded the long-term credit rating of Nokia to BB to BB +, its outlook is positive. The rating agency justified this decision by improving the operational profile of the group following its acquisition of Alcatel-Lucent, the regular operational progress of its network and technologies division, and by the 2015 financial performance of sustained Alcatel-Lucent despite a long procurement process. Fitch Ratings believes that it is the integration risks, but they are manageable.

GLOSSARY
rating agency
CRAs is a specialized agency that assigns notes, in the form of symbols, qualify for the credit risk on a company and its debt (negotiated in the form of obligation). Standard & amp; Poor’s, Moody’s and Fitch Ratings are the major credit rating agencies
2015 Reuters (AOF) -. All rights reserved by AOF. AOF collects its data from sources it considers safer. However, the reader is solely responsible for the interpretation and use of the information at its disposal. Thus the reader should take AOF and its contributors free of any claims resulting from this use. Agence Option Finance (AOF) is a brand of Option Finance Group

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SACVL: Standard & Poor’s confirms “A” rating – Economic Actors

An “A” for SACVL. The rating agency Standard & amp; Poor’s has confirmed the rating of the limited company building the City of Lyon. “ To S & amp; P, this positive rating reflects the intrinsic credit quality of SACVL” says it in a statement

In addition, the rating agency. argues good competitive position SACVL, as well as its strategy and sound operational performance.

building Company and property management, SACVL was created in 1954 to promote balance in the city ​​and encourage both functional and social diversity of its real estate products. Its property portfolio consists of 7 500 houses and some 300 commercial premises, 39% of social housing.

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Wednesday, March 2, 2016

Moody’s notes the chips away from China – Les Echos

This is a warning to Beijing. The rating agency Moody’s Investors Service has decided on Wednesday not to touch the A3 rating it assigns to China but, at the same time it changed its opinion on the future evolution of the economy from the country. And brought China’s outlook from “stable” to “negative”, which actually means that unless change could very well be led to lower its rating if, within six months, she perceived a slowdown in reforms needed sustainable growth and sound fiscal management.

“Without serious and effective reforms, the growth of China’s GDP would slow more significantly, a heavy debt impeding business investment and changing demographics are showing increasingly unfavorable. The public debt would increase much more clearly than we currently believe it. “



The weight of direct debt and indirect

the Moody’s decision to change the outlook of its rating is also based on the likely evolution of the stock of indirect public debt: that of public enterprises, local and regional authorities and large public banks such as the Agricultural Bank of China, China Development Bank and Export-Import Bank of China.

a concern shared with other rating agencies. If Moody’s (noting China AA) evaluates the Chinese government debt at 40.6% of GDP at end 2015, Standard & amp; Poor’s estimated last July that the corporate debt already represented 160% of GDP in 2014, twice the level of that of the United States. And already more than 120% in 2013.

For its part Fitch (which assigns A + China) believes that the risks to Chinese banks by accelerating credit growth are worrisome. “The reduction of half a point in the reserve requirement ratio Effective Tuesday and credit record growth in January, might suggest that the authorities change their policy towards a more growth fueled by credit, “Fitch analysts indicate. And warn that increasing the “outstanding debt will only delay, not treat, an expected rise in bad debts”

Changes.: Beijing wants?

the evolution of China’s public finances is not the only concern of Moody’s also points to the recent evolution of foreign exchange reserves of the country, used to defend the yuan. They were down $ 762 billion (702 billion euros) in the space of a year and a half, leading experts of the rating agency to question the aims of the policy by Beijing.

“Interventions in the stock and foreign exchange markets over the past year suggests that the economic and financial stability is also an objective but considerable uncertainties remain on the priorities of the authorities” says Moody’s

.

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