DSG sales supported by the World Cup and the iPad

DSG International on Thursday reported quarterly sales in line with expectations, benefiting from strong demand for the iPad, the digital tablet from Apple, and televisions during the World Cup soccer.
The number two European distributor of consumer electronics has shown, however, worried about the economic outlook, even if he says well positioned.
The [...]

Half-year loss for Spyker, sales of the Saab brand morose

The Dutch manufacturer Spyker sports cars, which bought Sweden's Saab to GM, announced Friday that it had lost money in the first half and predicted annual sales of Saab in the bottom of its forecast range.
The group has however assured that he would not be obliged to undertake a recapitalization and that it [...]

The FSA imposed a fine of 1.5 million pounds at SocGen

The Financial Services Authority (FSA) has imposed Wednesday at Societe Generale fined 1.5 million pounds (1.9 million euros) for deficiencies in its reporting procedures.
The UK control of financial markets said in a statement the "seriousness" of the failings in the French bank in terms of reporting on financial transactions.
She adds that [...]

The industrial orders increased in June in the euro area

The industrial orders in the eurozone rose slightly more than expected in June, according to statistics released Tuesday by Eurostat.
The control inputs in the sector rose 2.5% from May and 22.6% compared to June 2009.
Economists and analysts polled by Reuters had forecast average for June increased 1.5% from May and up [...]

The laboratory Allergan next possible target of a takeover

The biotechnology company Allergan Inc. specializes in the manufacture of Botox is currently used to treat wrinkles, or breast implants could be a target for a major pharmaceutical company through a tender offer (OPA).
This probability has indeed risen sharply since last month and the presumed interest of the French pharmaceutical group Sanofi-Aventis U.S. [...]

Time Warner has exceeded expectations and raised its forecast

Time Warner publishes a quarterly profit above Wall Street expectations after posting the largest increase in sales for two years.
It also raised its forecast for the full year, saying that now rely on an increase of at least 20% of its current earnings per share.
The U.S. media group has achieved in [...]

The White House cut its forecast of budget deficit

The U.S. government acknowledged Friday that the economy had to face "headwinds" and that the fiscal outlook remained bleak, however, but has lowered its estimate of the deficit in 2010.
According to the White House, the current trend is favorable, but the deficit and debt remain too high.
"The economic situation is still [...]

European markets up, Paris is 6.16% in one week

European shares finished higher for the fourth consecutive session, despite fears expressed by some analysts see a recovery in equity markets to end soon in Europe.
The Paris Bourse closed up 0.46% to 3554.48 points.For the week, the benchmark index of the Paris market gained 6.16%, its largest weekly increase in a year, as [...]

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. [...]

Nissan aims to double the autonomy of its first hybrid vehicle

Nissan Motor said target a nearly two-fold increase of the autonomy of its first internally developed hybrid car compared to petrol models, while keeping its costs as low as possible through a simple single engine.
The third Japanese automaker, with French automaker Renault holds 43%, is expected to launch its year-end sedan "Infiniti M" [...]