Bombardier Wins $ 96M Contract in Saudi Arabia

Bombardier Transportation, a branch of the Canadian group Bombardier, today announced it has signed a contract with the Saudi construction company, Saudi Binladin Group, for the design, manufacture, operation and maintenance of an automated shuttle system "Bombardier Innovia APM 300", intended for the improvement project of King Abdulaziz International Airport (KAIA) in Jeddah, Kingdom of Saudi Arabia.

The total contract value is 96 million, or approximately 68 million euros.

Remember that Saudi Binladin Group is the contractor responsible for the design and implementation of the proposed airport expansion KAIA and was detained by the Saudi Arabian General Authority of Civil Aviation (GACA) in 2011.

In detail, the project involves the expansion of existing facilities for passengers at the airport by adding a terminal to accommodate a growing number of passengers.

The new system "Innovia APM 300" will be the backbone of passenger transport between terminals at King Abdulaziz International Airport.

The delivery system is planned for early 2014.

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Paris: Index 'Empire State' reinforces the gloom

A signal attenuation of activity in the United States added to the gloom of the markets, shaken by the affair Dominique Strauss-Kahn could further complicate a solution to the Greek question.

Around 16:00, the CAC 40 index loses 1.1% to 3,975 points, a trend that we find difficult to Frankfurt (-1%), but less marked in London (-0.5%) and Wall Street (-0.4%).
"The finance ministers of the euro area can be found in the early evening in Brussels to discuss the budget situation remains difficult in Greece," said Aurel BGC, adding that "a second plan of assistance involving Europe and the IMF will be discussed.
However, some analysts fear a possible delay in the negotiations, following the arrest of Dominique Strauss-Kahn, the IMF chief, who played a key role in the bailouts of Greece, Ireland and Portugal.
Another cloud on the horizon, the expansion of manufacturing activity slowed sharply in the New York area, according to the index "Empire State" comes out to 11.9 this month, against 21.7 in April and a consensus around 20.
Side values, not surprisingly, the "Financial suffer particularly uncertainties in Greece, like Credit Agricole (-2.6% to 10.8 euros) and Natixis (-1.6% to 3.8 euros ).
The cars are also values ​​the sentence in the ACC with a loss of 2.7% to 39.7 euros to Renault and 2% to 30 euros for Peugeot.
Alcatel-Lucent fell back 2.4% to 4.2 euros, while UBS has withdrawn its recommendation of short-term "buy" while leaving its recommendation to 12 months "neutral" and raised its price target of 3, 5 to 4.5 euros.
NYSE Euronext picks up from 9.5% to 25.9 euros, while the Nasdaq OMX and ICE announced Monday that it had decided to withdraw their bid on the transatlantic exchange group after holding talks with U.S. authorities competition.
Among the smaller values, investors arbitrate new quarterly publications and punish those of IEC Professional Media (-6.8% to less than 2.1 euros), Valtech (-3.6% to less than 0.3 euros) Multimedia & Index (-6.7% to 1.2 euro).
Conversely, other groups have convinced such as Heritage and Trade (+10% to 22 euros) and CS (+3.4% to 4.9 euro).

Peugeot creates a center of excellence Materials and Methods

PSA Peugeot Citroen announces the creation of a skills center Materials and Processes in Lorraine, with three academic partners.

Thus, UMR-CNRS GeorgiaTech International (UMI 2958), Arts and Crafts of Metz and the Centre de Recherche Public (CRP) Henri Tudor in Luxembourg are associated with the establishment of a "OpenLab.

Referred to as "Materials & Processes", will be coordinated by the UMI GT-CNRS and located in the building of Georgia Tech Lorraine in Metz.

For clarification, the OpenLabs are structures that share research teams and means of experimental group with those of partner laboratories in joint research structures.

"They will deal with major themes for the future of the automobile and to be closer to the future scientific discoveries in all parts of the world, "said PSA Peugeot Citroen.

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Axway Software: admission to trading on June 14

The admission of the shares Axway Software, the software publishing arm of Sopra Group, will take place June 14 on NYSE Euronext.

The technical reference price of the securities, which will be used for setting thresholds for reservation at the opening, will be published in a notice from June 13

In the meantime, shareholders of Sopra will be expected to meet June 8 in order to decide on a proposed special distribution of premiums and reserves of 3.92 euros a share and per share Axway Software Sopra Group.

Last week, the board of directors of Sopra Group approved the assessment of 100% equity Axway Software at $ 300 million.

The General Assembly of the software houses will be asked to approve this distribution on the basis of this assessment, bearing in mind that Sopra Group shall retain approximately 26.5% of the capital of Axway. Under these conditions, the distribution of shares Axway Software represent a total of approximately 220.5 million euros.

For the record, Axway Software includes the publishing business management software interaction networks Sopra professionals.

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CAC40: still in the red within an hour of closing

A signal attenuation of activity in the United States added to the gloom of the markets, shaken by the affair Dominique Strauss-Kahn could further complicate a solution to the Greek question.
Around 4:20 p.m., the CAC 40 index lost 1% and at 3979 points, a trend that we find difficult to Frankfurt (-0.7%), but less marked in London (-0.4%) and Wall Street (-0.2%).
"The finance ministers of the euro area can be found in the early evening in Brussels to discuss the budget situation remains difficult in Greece," said Aurel BGC, adding that "a second plan of assistance involving Europe and the IMF will be discussed.
However, some analysts fear a possible delay in the negotiations, following the arrest of Dominique Strauss-Kahn, the IMF chief, who played a key role in the bailouts of Greece, Ireland and Portugal.
Another cloud on the horizon, the expansion of manufacturing activity slowed sharply in the New York area, according to the index "Empire State" comes out to 11.9 this month, against 21.7 in April and a consensus around 20.
Side values, not surprisingly, the "Financial suffer particularly uncertainties in Greece, like Credit Agricole (-2.6% to 10.8 euros) and Natixis (-1.6% to 3.8 euros ).
The cars are also values ​​the sentence in the ACC with a loss of 2.7% to 39.7 euros to Renault and 2% to 30 euros for Peugeot.
Alcatel-Lucent fell back 2.4% to 4.2 euros, while UBS has withdrawn its recommendation of short-term "buy" while leaving its recommendation to 12 months "neutral" and raised its price target of 3, 5 to 4.5 euros.
On the SBF 120, Seb floats (+0.3% to 73.8 euros) after taking control of Vietnamese society Asia Fan, specialized in fans, without details on the financial terms of the agreement.
Among the smaller values, investors arbitrate new quarterly publications and punish those of IEC Professional Media (-6.8% to less than 2.1 euros), Valtech (-3.6% to less than 0.3 euros) Multimedia & Index (-6.7% to 1.2 euro).
Conversely, other groups have convinced such as Heritage and Trade (+10% to 22 euros) and CS (+3.4% to 4.9 euro).

PPR: P. Bouissou appointed CEO of Boucheron

PPR announces that Jean-Christophe Bedos, CEO of Boucheron, decided to leave the group, and Pierre Bouissou replace its functions with effect from 10 June 2011.

"During the past seven years, Jean-Christophe Bedos worked for the return to financial health and growth of Boucheron. Under his leadership, Boucheron was reaffirmed as one of the most prestigious jewelers internationally "said Alexis Babeau, deputy director general of the Luxury Goods division of PPR.

Before joining PPR, Pierre Bouissou held the position of CEO Berlutti, the LVMH group.

3M: appointment of a COO

3M announced Monday the appointment of Inge Thulin as Vice President and Chief Operating Officer ("COO") with effect from the beginning.

Aged 57, Inge Thulin was previously director of international operations of the diversified group, which owns brands such as 3M and Scotch-Brite.

It will, in his new office, under the responsibility of George Buckley, chief executive of U.S. conglomerate.

According to 3M, Thulin will be responsible for "daily" of the six segments of the group's activities and its international activities.

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CAM: payment of dividend on June 9

CAM announced that the dividend for 2010, an amount of 0.82 euro per share will be paid on June 9.

The distribution group in Africa and overseas territories said that this dividend distribution will be subject to approval by the general meeting of shareholders to be held Friday, May 20

For the record, CFAO recorded under its fiscal 2010 net income Group share up 11% to 100.2 million euros, net earnings per share of 1.63 euro, up 10 , 9%.

Unibail-Rodamco: 153/151E fate of the corridor

Unibail-Rodamco exits down the corridor 153/151E (immediate objective 139E).

The MM100 and MM150 breakage focusing 147E to validate a retracement of recent low of 139E 16 March and 11 January.

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Rocamat: AC stable in Q1

Rocamat published a consolidated revenue for first quarter 2011 of 16.5 million, flat compared to first quarter 2010.
At constant exchange rates, the revenue was down 2.9%.

The North American subsidiary Polycor displays a sales growth of 21.1% over the quarter. Excluding currency effects, growth was reduced to 13.3%. Sales outside Rocamat Polycor the first quarter of 2011 reflected a decrease of 12.3%.

"The bill does not reflect the business that is growing rather than in the first trimestren 2010 with order intake at the end of March 2011, up nearly 15% compared to March 2010, the company said .

Management believes that the development of billing from the previous year should be corrected in the coming months and the group expects the same Polycor Rocamat off a turnover growth over the whole year.

ST Micro: Bullish Engulfing pattern at 8.25 E

ST-Micro materializes a bullish engulfing E to 8.25 (the title erases the decline of the 3 previous meetings): however badly the meeting had begun with the breaking of the MM100 (8.00 Ea and the inclusion of a floor to 7 88E.

Beyond 8.25 E, obstacles appear quite small before 9E.

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