Stock Market Today

Air France-KLM: SkyTeam will expand the family

Air France announced that in recent days, one of its Airbus A320 painted in the colors of the SkyTeam alliance crosses the medium-haul network of the company.

Founding member of the alliance, Air France already had in its fleet of Boeing 777-300 in the livery of SkyTeam.

"This device reminds of Air France's commitment to the alliance in its aim to provide best services to its customers, " said the group.

To recall, brings together 13 SkyTeam airlines and offers access to a global network of more than 12,500 daily flights to 898 destinations in 169 countries.

The alliance will host the next few weeks two new companies of Greater China: China Eastern (China) and China Airlines (Taiwan).

In addition, the alliance will be joined in 2012 by Saudi Arabian Airlines (Saudi Arabia), Middle East Airlines (Lebanon), Aerolineas Argentinas (Argentina) and Garuda (Indonesia).

Boursica.com: first listing scheduled June 15

The site Boursica stock tips.com on Monday announced its entry into the Free Market, with a planned initial trading on June 15

It is planned to issue 451,238 shares at a price ranging between 6.4 and 10 euros per share, which represents a call market from 2.8 to 4.5 million euros.

"Boursica.com reached the maturity to the next level and move up a gear, "it said in a statement.

"This transaction will provide us the financial flexibility to support our growth development, enhance our visibility and make Boursica.com a key player in the online trading online, " he concludes.

Air France-KLM: Barclays 'overweight' before the results

Barclays Capital Reiterates its view "overweight"on Air France-KLM and still sets the price target to 16 euros, three days after the publication of annual results.

The consulting firm expects an operating loss of EUR 330 million for the fourth quarter.

Analysts expect that investors are particularly interested in forecasts supplied by the airline in 2012.

They expect a speech from conservative management regarding the objectives for the ensuing year, partly due to the volatility of oil prices.

Peugeot will preserve 29.40 E

Peugeot makes a new foray in the case of 30E and further consolidation, major carriers are located at 29.4 E (MM100 MM150 then grouped therein) and 27.27 E ('gap' of 19 April).

Hochtief: well oriented despite the results in the red

Hochtief has published quarterly results this morning in the red, but noticeably less than expected, according to the very good performance on the stock exchange.

In detail, the German construction posted a net loss of 169.5 million euros in its first quarter 2011, compared with net income of 34.1 million euros in Q1 2010.

The group also unveiled a pretax profit of -444.8 million euros over the period, against 120.5 million euros a year earlier.

In a statement, Hochtief said it had been impacted by its Australian subsidiary Leighton.

However, the group reported a 56.9% increase in new orders in the 1st quarter 2011 (and they settle to 5.41 billion euros) and confirmed its annual forecast for 2012 and 2013.

To 15h, the title Hochtief wins 2.4% to 58.9 euros on the Frankfurt market.

Altran: International is the priority of the group

Altran announced, earlier this month, a revenue growth of 10.3% to 387.7 million euros for its first quarter. His deputy finance director, Laurent Dubois, agreed to answer questions CercleFinance on projects and prospects of the group of consulting and engineering in technological innovation.
CercleFinance: The first quarter growth was driven primarily by France, while revenues increased only 5% internationally. This, combined with the divestiture of Brazil announced in late April, she anticipates a refocusing of Altran on France?
Laurent Dubois: These figures simply reflect the strength of the French market and the group's ability to capture growth in this market. The International is the priority of the group even if the total turnover results from different situations. Indeed, some countries hard reboot and confirm their good health (Spain, Italy, Switzerland, Scandinavia, United Kingdom) and others such as Germany where growth is back even if the figure is even smaller. The transfer of Brazil is the will of the group at a time to end a special situation generated significant losses and to continue the arbitration in its business portfolio to separate marginal activities and / or does not match the Altran core business.

CF: Altran said evaluating its strategic options for Arthur D. Little, a subsidiary heavily impacted by the crisis. A potential sale would announce a withdrawal from it sector group strategy consulting?
LD: Outside of Arthur D. Little, the group has operations strategy consulting that represent a few percent of sales. Any such transfer affects that asset. Other assets / activities generally may be subject to arbitration if found they are no longer part of the core business of the group. But anyway out of this concern about these journals active devices of very limited size.

CF: What target would you favor in terms of external growth in the coming months?
LD: We do not change our strategy at the moment.The price and quality of management of these companies are key in our decision process.

CF: Are you afraid of being affected by the threats posed by recent geopolitical events (the crisis of the Arab world, a catastrophe in Japan ...) on global growth?
LD: If these events have an impact on global growth, Altran as other groups will be affected. It is also very hard to anticipate what could be the possible impacts. So we must remain vigilant to adapt quickly to changes in the global environment.

Renault invests in the FMEA Altia Industry

Eric Besson, Minister for Industry, Energy and the Digital Economy, welcomed the investment by the Fund to modernize automotive (FMEA) in the company Altia Industry.

With this investment, amounting to five million euros, the FMEA, mutual fund equally owned by Renault, PSA Peugeot Citroen, and the Strategic Investment Fund (ISF), will accompany the development of the group Altia Industry, specializing in stamping, machining and automotive structures, producing 240 million euros in turnover and implanted in the Sarthe, Haute-Savoie and Limousin.

It aims to allow including the acquisition of two companies specializing in steel composite: Stequal, located in Haute-Savoie, and Imtec, located in Maine-et-Loire.