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 [...]

Iliad picking the fruits of recovery of Alice in H1

Iliad Tuesday reported a significant improvement in profitability in the first half thanks to a quicker recovery than expected from its subsidiary, Alice, restructuring since it was bought 18 months ago.
The Internet service provider, which owns the brand Free, has published a net profit of 171.4 million euros, signing an improvement of 27% [...]

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 [...]

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 [...]

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 [...]

Novartis raised its forecast for 2010

Novartis AG Thursday unveiled figures in line with expectations in the second quarter of 2010 but has attracted attention in revising upward its forecasts for the current year.
The laboratory in Basel now expects growth at constant exchange rates, its revenues would fall between the middle and upper range of a single-digit rate (excluding [...]

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 [...]

In search of the tire "green" in the truck

The tire manufacturers and chemists are working hard to develop a tire "green" new generation trucks could boost their revenues at a time when environmental pressure promises be still higher.
Analysts and experts interviewed by Reuters argue that the issue relates to several billion dollars over the next decade even if technical and economic [...]

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. [...]

3 members of the CA Alstom UK arrested for corruption

Three members of the Board of Directors of Alstom in the UK have been placed in custody on suspicion of corruption, money laundering and false accounting, announced the Serious Fraud Office UK.
The arrests came after raids on nine sites of Alstom, said the SFO.
The British authorities suspected payment of bribes, kickbacks [...]