The U.S. group has reported net earnings of $ 1.47 billion in the first quarter of its fiscal year, ended in January, or 73 cents a share, against $ 2.6 billion ( $ 1.17 per share) a year earlier.

Excluding items, HP displays earnings per share (EPS) of 92 cents. Analysts on average expected 87 cents a share, according to Thomson Reuters I / B / E / S.

Revenues declined 7% to $ 30 billion, a level slightly lower than the consensus.

HP saw its sales decline in its three main divisions: PCs, printers and business machines.

After the publication of these results, the action has lost more than 3% in after-hours transactions.

The price of gasoline at the pump, for the third straight week, in France reached new highs, according to data dated Friday and released Monday by the Ministry of Sustainable Development. The diesel, however, still below its 2008 peak, but is close to its highest since the beginning of the year, reached last month.

According to ministry data, the average price of a liter of unleaded 95 rose to € 1.58 last week and that of unleaded 98 (whose sales are much lower in SP95) amounted to 1, 62 euro. Both fuels and exceed the record levels set a week earlier (respectively € 1.5787 / l and 1.6184 euros / l), according to figures compiled by the Directorate General for Energy and Climate (DGEC) .

The diesel has meanwhile increased to 1.42 euro per liter Friday euro against 1.4180 the previous week. It is close to its highest of the year (1.4240 euro on Jan. 13), and its record in spring 2008 (1.4541 euro). The heating oil prices have also reached a new peak at 1.02 euro per liter, but retailers now expect a "slight easing," said the French Federation of fuels in a statement.  

Since late 2011, gasoline prices prance record after record in France, powered by a dual effect of geopolitical tensions (Iran, Nigeria …) that keep crude oil prices at very high levels, and the weakening of the euro against the dollar, which boosts the cost of black gold once its converted value in the single currency. Tehran said Sunday he stopped all oil sales to France and Britain, two EU countries most advanced in promoting sanctions against Iran.

This announcement, symbolic, since the two countries have already stopped their purchases to Iran in late 2011, could increase pressure on prices by increasing market fears of an escalation of tensions in the Strait of Hormuz, through which pass 15 million barrels of crude per day. The selling price at the pump are national averages calculated by the DGEC from data provided by service stations. Diesel sales represent about 80% of French consumption of motor fuels, the unleaded 95 just under 15% and 98 unleaded around 5%.

"Crude exports bound for British and French companies have been stopped. We sell our oil to new customers, "said Alireza Nikzad, spokesman for the Ministry

. The de decision is akin to retaliation by the Islamic republic to the embargo on imports of crude from Iran who come into force on 1 July in the European Union …..

…. EU sanctions, decided last month by the bloc, are intended to punish the prosecution's nuclear program tehe ran, that Westerners suspected of wanting to develop the atomic bomb. Iran denies this and claims to cover only the civilian uses of nuclear energy.

The Iranian government warned on 4 February that it would reduce its oil deliveries destined for "some" European states.

Alireza Nikzad said that Tehran was studying possible new destinations for its exports of crude.

The group, which sells transmission capacity of television channels such as BSkyB, Canal Plus, Premiere or NBC, is expected to increase about 2% of its sales Business recurrent and 1% of its gross operating profit (EBITDA) in 2012.

In 2011, these increases were respectively 2.8% and 3.1%. 

Revenues for the fourth quarter of 2011 stood at 451.6 million euros, an amount consistent with the consensus calculated on the basis of estimates of analysts polled by Reuters.

The gross operating income for the period stood at 323.2 million euros (consensus: 333 million) and operating profit to 198.3 million (consensus: 198 million).

The shortfall in income related to the end of the radio transmission in Germany, which takes effect in April should be about 100 million euros since this post has generated 150 million euros in 2011. 

Excluding this impact, the recurring revenue and EBITDA grow by around 9% this year, continued SES, which has said it expects an average annual increase of 4.5% of its business and 4.0% of its EBITDA over the period 2012-2014.

Thursday, Eutelsat, one of the main competitors of SES, reported a drop in net profit in the first half of fiscal 2011-2012 due to an increase in financial charges and rate tax related to transactions of recent debt refinancing.

Growth of the French economy reached 1.7% in 2011, a hair of the government's forecast (1.75%), after a positive fourth quarter to 0.2%, said Wednesday the National Institute of Statistics and Economic Studies (INSEE).

In 2010, GDP growth was 1.4%.  

The government had maintained its forecast to the end while most economists had forecast rather on GDP growth of 1.6% in 2011 and a decline of 0.2% in the fourth quarter.

In detail, INSEE wrote: "Consumption expenditures of households slowed slightly at the end of the year (+0.2% after +0.3%), while gross fixed capital formation (GFCF) accelerated ( +0.9% after +0.2%). In total, final domestic demand (excluding inventories) contributes positively to the new GDP growth: 0.3 0.2 point after point. Exports increase at same rate until the summer (1.2%) while imports decline (-1.2% after +0.7%). Therefore, the external trade balance contributed positively to growth: 0 , 7 0.1 point after point. This effect is more than offset by changes in inventories, which contributed 0.8 points to changes in activity, after a neutral contribution "

.

The latter, aged 25, is a member of the supervisory board of the family holding company Tethys since January 2011.

Liliane Bettencourt, heiress to the group, is 89 years old. The candidacy of his grand-son will be submitted to L'Oréal shareholders at the next general meeting on 17 April.

The leader of New Democracy (ND, conservative) Antonis Samaras, while criticizing the austerity policy of Greece sinking ever more into recession, urged é ; read of his party to support the second bailout, worth 130 billion euros, failing which their applications would be rejected for the upcoming legislative. 

The coalition of Prime Minister of Greece Lucas Papademos has an overwhelming majority in parliament, which should ensure the adoption, scheduled for Sunday, a series of new austerity measures including a further reduction of public expenditure, of about 3.3 billion euros this year.

But six members of the government have already resigned in protest against the scale of austerity measures, among them a 22% decrease in the minimum wage.

"The consequences of uncontrolled failure would be incalculable for the country, not just for its economy (…). This would take us on a path unknown, dangerous, "he said Saturday Deputy Minister of Finance, Filippos Sachinidis

. In a newspaper interview Imerisia, he portrays the disaster in which he said Greece would fall if it did not honor the repayment of 14.5 billion euros of bonds maturing on March 20

. "Let us ask ourselves what it would mean for the country the loss of its banking system and not be able to import raw materials , pharmaceuticals, fuel, food and basic technologies, "he said

. The Greek government on Friday approved evening the bill involving the country in the reforms demanded by the EU and the International Monetary Fund for the implementation of the second bailout. 

While a 48-hour strike against austerity entered its second day, Saturday, fifty communist militants have deployed two huge banners on the ramparts of the Acropolis. "Down with the dictatorship of the monopolies and the European Union", they proclaimed.

FIFTEEN BILLION FOR BANKS?

Seven thousand demonstrators gathered in the center of the capital, according to figures released by the police. No overflow has been reported, unlike Friday when police fired tear gas towards protesters throwing Molotov cocktails and stones.

Members of the ND, which has a strong lead in the polls for parliamentary elections planned a priori in early April, should support the austerity measures Sunday, in the whole. But Samaras was keen to warn politicians of his party, the second largest group in parliament after the PASOK (Socialists).

"This is obviously a matter of party discipline," he said before a parliamentary committee, adding that any slingers would be excluded from elections of April.

The far-right party LAOS has left the government coalition Friday and ordered his four ministers to resign. Two members of PASOK have also slammed the government's door in protest against the harshness of austerity.

Former Socialist Prime Minister George Papandreou has also wished to draw members of PASOK to vote austerity measures.

"I've lost friends, my family suffered, I lost my job, I was insulted, dragged through the mud like no other politician in this country," he told the elected PASOK parliamentary group.

"Yet all this is nothing compared to what our people expect if we do not choose the right path. Despite all the anger we feel as we boil, we must persevere, "he told them

. Minister Finance Evangelos Venizelos said on Saturday it would take perhaps another 15 billion more to rescue the Greek banks, thereby confirming the EU estimates

.

The European Union calls on the other hand the Greek government to provide details of further cuts in public spending of $ 325 million Euro

. It also requires a clear commitment from party leaders of the coalition government to implement austerity measures .. …….

The third European oil company by market capitalization, behind Royal Dutch Shell and BP, provides a budget for 2012 of net investments of $ 20 billion, against $ 22 billion in in 2011.

Total said in a statement that in the upstream, it would focus in 2012 to "deploy its strategy to accelerate growth of its products while im liorant the profitability of its portfolio, "especially with new sales of nonstrategic assets. 

It provides in particular this year to spend $ 2.5 billion for exploration, a budget increase of 20%.

Total is also pursuing "the construction of its growth post-2015 preparing for the launch of its projects in West Africa, Russia and Canada in particular."

The company anticipates that the rise of Pazflor in Angola and the start of several projects "major", including Usan in Nigeria, contribute to the growth of its production in 2012 and to achieve its target of average increase of 2.5% per year between 2010 and 2015.

Excluding items, net income Total totaled 2.725 million euros in the fourth quarter (7%), in line with 2760 million expected by analysts surveyed by the editor of Reuters, for a turnover of 47.492 million (+18%).

Net income reached 2.290 million euros (+13%) by including non-recurring items had a negative impact of 504 million and consist primarily of die exceptional depreciations on refining assets in Europe and in renewables.

While Shell and BP both have announced production cuts of about 5% in the fourth quarter, total recorded sales stable at 2.384 million barrels of oil equivalent per day.

According to the forecast of six analysts polled by Reuters, this production was expected between 2.358 and 2.400 million barrels oil equivalent per day. 

Proposes a total dividend of 2.28 euros per share for 2011, unchanged compared with that paid in respect of 2011 and unchanged from the dividend paid for 2008, and confirms a target average rate of re-distribution ; results of 50%.

The group said that since early 2012, "refining margins have improved significantly after the degradation observed in late 2011."

For 2011, International Power displays a current operating profit up 9% to 3.1 billion euros, with an increase of 18% in Latin America. This region accounts for more than a third of operating income group.

The gross operating profit (EBITDA) for the year totaled 4.3 billion euros.

Obtain additional one billion euros will be difficult, says the group.

"After the high levels of hydroelectric generation in Brazil, prices underpinned by the free market are now lower than in 2011," the group in a statement.

"Without an adjustment of these prices, the impact on our project will make it difficult Jirau our goal of an RBE of one billion euros in 2013 from projects under construction."

In exchange, the value was down 3.4% to 331 pence in the morning. It is the largest decline in values ​​of the FTSE.

"One wonders if there will not be only 0.8 to 0.9 billion euros of growth that will be achieved," said Angelos Anastasiou, an analyst at Investec. "Instead of an EBITDA of perhaps 5.3 billion euros in 2013, it might finish at 5.1 to 5.2 billion euros, that is, ; say down 2% to 4% with similar declines in EPS. "

Earnings per share for fiscal 2011 to 27.6 pence, slightly higher than the expected 27.2 pence, according to the forecast of analysts provided by the company.

This year, says International Power, growth will be supported by new plants came on stream at the very end of last year and new capabilities that should be operational later in 2012.

The social partners have completed Monday, February 6 negotiations on simplification of the partial unemployment, desired by the government, lamenting the CGT still not be reached "unification" of different compensation schemes. Following a meeting at the Paris headquarters of the MEDEF, the CFDT, CFE-CGC, CFTC and FO said they would sign the draft agreement inter-professional, the CGT had not yet made its final decision. The side of employers, the MEDEF, UPA and CGPME should also give their approval.  

Despite disagreements, all stressed the need to be pragmatic in these times of crisis, short-allowing companies to cope with downturns without fire. This agreement simplifies one of the two systems of compensation available in case of partial unemployment: the partial activity of long duration (APLD), far less used than the conventional allocation. Businesses will be able to use the APLD for a period of partial unemployment for two months instead of three months minimum as far.

Moreover, Unédic will compensate the employee at the first non-working hours and not from the 51st hour. Thus the State and indemnify the employee Unédic up to 7.23 euros in the first hour (7.84 euros for companies with fewer than 250 employees), against 5.23 currently, some welcome support for the employer.  

The company is committed to keeping the employee twice the time

The agreement "simplifies the device", especially for small businesses, said the negotiator of the CFDT Lawrence Berger. "We are still far from what is sought, namely the unification of devices for partial unemployment," lamented his side Maurad Rabhi, the CGT, the first French union. Moreover, "nowhere in this text, it was possible to the consideration that was negotiated in 2009, which was to preserve jobs," he said.

When a company uses the APLD, she is committed to preserving the jobs twice the time during which employees were to short. For example, an employee experiencing an inactivity of three months, the company agrees to keep at least six months. This agreement will be tested until September and will be given a suite "in light of experience." To set this up, Unédic will release 80 million euros, which will add 40 million remaining on a budget of 150 million dedicated to short released in 2009.

This text comes as the government announced last week the elimination of prior administrative authorization. So far an employer who wanted to have recourse to short should apply to the administration which had 20 days to notify its decision. During the "Social Summit Emergency" on 18 January President Nicolas Sarkozy announced measures against unemployment, and including € 140 million to boost part-time work.