This funny film is not yet at its end clap

The beginning of 1980, Henri Verneuil baptized "Trillion dollars", a film dedicated to the secret world of multinational corporations. Today, this astronomical figure is no longer dream. And for good reason. According to an estimate of the Bloomberg Agency, loss or impairment losses suffered on the US mortgage-backed securities market approaching $ 918 billion. A quarter of the burden weighs on insurers like AIG or U.S. Government agencies such as Fannie Mae two companies coming to publish quarterly colossal , the returning rest losses to banks. This perspective allows to convince themselves how the more international the U.S. insurers had taken a dangerous slope. Not only it was too complicated structured products, but increasingly it was loans-borrowing of securities operations coupled with investments in mortgage securities that show currently difficult to sell and promote. With a 60 billion, AIG alone accounts for almost half of the invoice of the insurers. The inevitable revision of the Government rescue plan does not change radically the gives for his stock market course, which has lost more than 95 since the beginning of the year. This funny film is not yet at its end clap.

Seismic shaking

There is no Prophet in his field. It is a movement that is the world leader in seismic exploration, CGG Veritas French or saw coming or mastered, it is the storm which swept away his title. By purchasing two years its American competitor Veritas for more than 2 billion euros, geophysics ensured technological advance, margins and profits, but not the favours of the stock market. The announcement of his offers on Norwegian Wavefield, of any magnitude since it relates only to $ 310 million, has only re-pledged brièvment of the colors in an action divided by two from its previous union. This agreement was yet to appeal to the market and make forget his nightmares of the time. Securities regulations prevents the group to tap into its cash. It certainly offers a 30 premium on the last course of Norwegian but the latter descended to such depths that fishing is still good. With a bit more sophisticated techniques, including the 3 D visualization the hardest to reach oil reserves, the company ships the reinforce on the niche market of high-tech research that the errors of the barrel should not call into question. Remains to return to the surface for snorkelling shareholders who have seen the title dive since the beginning of the year two times faster than the average for the sector.

The air of cash

The Carabinieri have the unfortunate habit of arriving too late. Officer reservist of the disparaged body, Vittorio Colao, installed since this summer in the headquarters of Vodafone head Arun Sarin brilliant to make lying the adage. But it will not be easy. Party beauty results 2007 records, Sarin is not necessarily slipped the British giant in the model more suited to the crossing of the recession coming. Thus, for example, most of its customers (83) use prepaid services, expenditure which is simpler for households than that of their subscriptions. Its European competitors, the first global operator of the mobile phone is also recruited the most emerging countries which he earns 22 of its operating income, a force that can be partially transformed into weakness, when soaring food prices push to forego less essential goods. It is therefore time for the Rifleman to fold the arms of the conquest and sing to the market air of cash. He dedicates his savings plan and the shareholders in which he promises to distribute would wrong to complain. Is that the profile of Vodafone, unlike a KPN or a France Telecom is not best suited. It gets not.