U.S. Aerospace protested against his dismissal for tanker

U.S. Aerospace, a California aerospace equipment manufacturer that created a stir by announcing last month will participate in the tender for the giant tanker contract from the U.S. Army, this week filed an appeal after dismissal of his application.
The Government Accountability Office (GAO), the U.S. equivalent of the Court of Auditors, met Monday [...]

Alcatel-Lucent is still on track despite stock shortages

Alcatel-Lucent confirms its annual targets despite the impact, for the second straight quarter, problems associated with shortages of components in the industry.
The telecoms equipment has limited the impact of these shortages on its quarterly results and has released figures broadly in line with expectations, but in return it has consumed more cash to [...]

Puma renounces its goal of pretax profit

Puma has waived its annual forecast of taxable income due to the potential cost of litigation in Spain, after posting interim results below expectations.
During a conference call, Jochen Zeitz's chief executive, said that "it would not be prudent" to maintain its pre-tax profit target given the potential costs associated with the lawsuit brought [...]

Fell less-than-expected earnings in the first half of BBVA

BBVA has done better than expected by analysts in the first half, registering a decline in net income limited to 9.7% due to a decline in bad debts and its overseas operations, which offset the difficulties encountered in Spain.
The second Spanish bank has published a half-year net income of 2.53 billion euros, while [...]

Berli Jucker coveted assets Carrefour Thailand

The Thai Berli Jucker main conglomerate said Wednesday he was keen to bid for Carrefour's local activities within the framework of its development.
"We expect the details of the tender of Carrefour, said Asavin Techacharoenvikun, CEO of Berli Jucker reporters.
Carrefour has already indicated its desire to separate its operations in Malaysia, Singapore [...]

Daimler will raise its forecasts after a strong second quarter

Daimler pledged on Friday to raise its earnings forecast 2010 before the end of the month after publishing strong preliminary results for the second quarter, supported by the results of its upscale subsidiary Mercedes-Benz.
The German carmaker said on Friday an operating profit of 2.1 billion euros for the period April to June, against [...]

GDF Suez sees a rebound in demand for gas in Europe

GDF Suez Wednesday reported a rebound of 10% of gas demand in Europe since early 2010, after a decline of 5% in 2009.
The French energy company has also indicated it expects a "hard restart" of the natural gas market in the medium term, once erased the combined effects of the crisis and overcapacity. [...]

Markets tense before a deadline for key banks

Financial markets are again under tension, as investors worried always the budgetary situation of the euro area and the funding of banks in the region that ends Thursday, so an important program refinancing established by the European Central Bank (ECB) last year.
The financial institutions in the euro area will thus have to reimburse [...]

600 million euros to extend each nuclear reactor

The CEO of EDF, Henri Proglio, estimated at 600 million per reactor investment costs required to extend the life of the French nuclear power plants.
"I estimate at 600 million euros for each extension of the lifetime of nuclear power plants," he said in an interview published Saturday by the Latest News from Alsace. [...]

The number of cuts for unpaid gas explodes

Some 300,000 consumers in 2010 could face a cut of their supply of natural gas, due to inability to pay their bills, 30 times more than in 2008, the company said Monday GrDF, manager of network distribution of natural gas .
"The number of cases of unpaid breaks to grow from 10,000 in [...]