Wall Street opened on earnings Monday, investors regaining confidence through several projects of mergers and acquisitions.
A few minutes after the start of trading, the Dow Jones gained 0.54% to 10,268.56 points, the Standard & Poor's 500 index 0.58% to 1077.89 points and the Nasdaq Composite 0.67% to 2194.34 points.
Hewlett-Packard on Monday launched an offer of 1.6 billion dollars (1.2 billion euros) to acquire the data storage company 3PAR, competing with the offer of its rival Dell issued last week.
Titles 3PAR Dell responded to the rise of this announcement, gaining 0.83% respectively and 42%, while HP lost 0.27% at the opening.
The group Campbell Soup gained 0.19% after announcing consider an offer of 1.5 billion pounds (2.3 billion dollars) on the activities of Britain's United Biscuits cookies.
Finally, 3M took the 1.10% group is likely to spend about two billion dollars (1.6 billion) in acquisitions this year, twice more than its previous estimate.
"This suggests that companies have reached a point where they want to grow their cash. (…) This is obviously a positive sign for markets," said Michael O'Rourke, a specialist market with BTIG LLC.
With the exception of Frankfurt, the European stock markets ended in retreat, investors are showing more hesitant after the session dealing with conflicting U.S. indicators, the Paris stock exchange for ending its declining share of 0.24% in 3643 , 14 points.
The pan-European Eurofirst 300 index closed the week down 0.76% but gained 5.3% on the month of July, its biggest gain in four months.
As for values, the construction sector takes prices back down, falling by 3.89% Lafarge, punishing investors lowering the forecast cement demand for 2010.
Prices, however, were supported by some solid corporate results found.Total and closing up 0.94% after posting earnings growth in the second quarter.
Alcatel-Lucent, which announced on Friday its annual targets, jumped 11.07% on the session.
The title, however, BP has lost 1.81% due to new fears about the evolution of the oil spill in the Gulf of Mexico.
Spir Communication has again suffered in the first half of the decline in sales in the free advertising press, but cost reductions have allowed it to stabilize its margin.
The media group and distribution of printed materials and packages still struggling to develop its model based on formerly free press announcements, but he expects further restructuring to achieve its objective of restoring the balance operational 2010.
Spir has declined by about 10% of its total turnover in the first half to 280.7 million euros, with a fall of 15% of cluster media, press and internet, and 6% of the segment distribution of printed advertising.
"In the context of an advertising market remains uncertain, Spir Communication is continuing its transformation and is maintaining its target for operating profit to breakeven in the year 2010," the group wrote in a statement.
The operating margin improved slightly semester to 1.7% (+0.2 points) thanks to cost efficiencies, including through a plan for adapting the press division, started in 2009, which reduced by 22% operating losses of this segment in the first half.
The group aims to reduce the share of sales made in the traditional activities of the press free to print ads in favor of a growth in Internet sales.
The press had in the first half for nearly 30% of total turnover, against 12% for sales generated by the division of Internet media.
The action Spir stable closed Tuesday at 16.40 euros in a market capitalization of just over 100 million euros.
The NYSE has finished lower on Thursday, several economic indicators are below expectations come stoke fears of a slowdown in the recovery.
The market, however, finished above its lowest sitting through purchases on the cheap.
The Dow Jones yielded 0.42% to close at 9732.53 points.
The S & P 500 is broader, has lost 0.32% to 1027.37 points.
The Nasdaq Composite fell on his side from 0.37% to 2101.36 points.
Inflation in Germany slowed slightly more than expected in June according to first estimates released Monday, a move that could fuel concerns about possible deflationary risks threatening the euro area.
Consumer prices rose 0.9% yoy according to preliminary federal statistics, whereas their increase had reached 1.2% in May
Economists polled by Reuters last week had forecast an average price increase of 1.0% over one year.
This slowdown is largely due to lower gas prices, said the Federal Office of Statistics.
From month to month, inflation in Germany remained stable at 0.1%.
"The German economy appears to have avoided a deflation proper form but was still struggling to collect inflationary pressures," said Carsten Brzeski, economist at ING Financial Markets.
The slowdown in inflation in June coincided with the debate on the impact of German austerity plan on the other countries of the euro area.
Chancellor Angela Merkel presented in early action expected to generate 80 billion euros in budget savings over the next four years, in order to achieve by 2013 the German structural deficit within the limits set by the EU European.
Across the eurozone, inflation should slow to 1.5% yoy in June, against 1.6% in May
Details of the German statistics show that consumer prices calculated at European harmonized standards (HICP) remained stable in June compared to MayOn a year they show an increase of 0.8%, against 1.2% in May
These figures could provide an argument with officials of the European Central Bank (ECB) who argue for a continuation of measures to support the economy.
"We expect German inflation (annual rate) will end the year close to zero and there is some probability that it returns into negative territory," said Jennifer McKeown of Capital Economics.
"While many peripheral economies of the euro area are moving toward a long period of deflation, the ECB has every reason to maintain an attitude of a dove," she adds.
The first estimate of inflation over the past month is calculated based on published data from six Länder.The annual inflation has slowed in each of them in June
Swiss bank UBS announced a net profit of 2.2 billion francs (1.5 billion euros) in the first quarter of 2010, after a loss of 1.98 billion francs in the same period last year.
Analysts polled by Reuters on average expected a net profit of 2.02 billion francs.
The bank had warned the markets before its general meeting that it anticipated a positive result before tax "of at least 2.5 billion francs.This post finally rises to 2.81 billion for the period under review.
On this occasion, the school had indicated that the net outflow of money in all activities had been "significantly lower than the fourth quarter of 2009.
UBS, which included a net outflow of 8 billion francs in wealth management and Swiss Bank, has reported a final amount of 8.2 billion.
The bank anticipated output of 7 billion in Wealth Management Americas and 3 billion for its asset management, and withdrawals have finally amounted to 7.2 billion and 2.6 billion respectively.
The investment bank has marked her return, earnings before taxes have tripled to 1.19 billion francs from 297 million a year earlier.The segment of trading bonds, currencies and commodities (FICC) has quintupled its revenues to 2.17 billion against 496 million a year earlier.
The equity ratio improved to 16% at end March 2010 against 15.4% at end December 2009.
"We are well positioned to achieve our medium term," said CEO Oswald J. Grübel, quoted in the statement.
UBS expects a gradual improvement of the results of asset management and asset management, adding that the net outflow of capital would be "relatively moderate in the coming time."
Sales of new cars in France have continued to rise in April, to 1.9% from April 2009, but at a much more slowly, reflecting an impact of declining car scrapping and leaving the uncertainty about the rest of the year.
"This figure is normal. We see a gradual reduction of the effects of scrappage" observes François Roudier, spokesman for the Committee of French car manufacturers.
The spokesman noted "a decline in registrations and orders on new line", small cars that benefited most from the car scrapping. Meanwhile, "we see a rise in average range on some models," he adds.
Carlos da Silva, an analyst at IHS Global Insight, a judge even when the result of April "a little surprising" and speaks of "semi-surprise"."The compact segment is doing rather better than what we expected" while "small cars to fall again mechanically," he notes.
Moreover, "manufacturers have continued to put much money on the table to try to compensate" the premium reduction. They have indeed offered to their customers numerous discounts and promotions. In this context, May will be "a little month of truth," said Carlos da Silva, who expects a decline it expected in April.
"I do not see how that can withstand much more, plus there is not really new models," he said.
French manufacturers are considering a European market decline 9 to 10% this year.1,000 euros last year, the scrapping bonus increased to 700 euro from 1 January, but for vehicles ordered before December 31, the premium remained at its former level for deliveries until the end of March.
This measure was prompted a boom in orders at the end of the year, registrations recorded in the first quarter up 17%. In the first four months of the year, the increase was 12.9% compared to the same period of 2009.
The Minister of Industry Christian Estrosi welcomed in a statement of "the good performance of the market", which "demonstrates the effectiveness of the government strategy of gradual withdrawal of the scrappage scheme".
On 1 July, the scrappage decline further, to 500 euros.
The month of April has been more favorable to French brands, up 8%, as foreign brands, down 4.9%.Of the 190,986 new cars registered last month, the French brands accounted for 56.1% of the market.
The increase was 17.2% for the Renault group and 7.3% for PSA Peugeot Citroen. At Peugeot, we judge that "the effect of scrappage continuous" and "concerns an order for two 206 + and 207," the Director of Commerce France, Olivier Veyrier, said in a statement.