It has even reached 44 in Europe and 53 in the United States

Nothing, except a lost battle, is also melancholic as a won battle. That of the General meetings of shareholders of Fortis Holding in Ghent and Utrecht is being finally not transformed into a Waterloo, the generals of BNP Paribas will probably have difficulty to share the feelings of Wellington two hundred years apart. Saved in extremis by justice, operation Queen, based on a value of the BNP always title 74 more high that his course of stock market despite its doubling since its January low point has been sufficiently difficult to not to give in to the spleen. Seven months of delivery of the acquisition of 75 of Fortis Bank by the French do not provided the new together a fragile preterm infants. Becoming the first Bank of the euro area by deposits (EUR 540 billion by end of 2008), the establishment of the street of Antin strengthens instead in its portfolio the weight of the retail activity, haven of stability in a still ongoing financial crisis. Now number one among the first in Italy and Belgium, it will take well one day ask how he can remain fifth by revenue and the stock of credits in France.

Cross-country race

The larger sumotoris are those who die young. Sanofi-Aventis knows well, who does probably not treat obesity of Americans but begins to treat his own. His new boss innovates with research on the diet and by cutting nearly one-fifth of its 65 projects in progress. At the end of a quarter where large world pharmacists spent 150 billion in acquisitions, Chris Viehbacher repeats that there is no point to grow to magnify. Knowing that the fall of its stars in the public domain should deprive Sanofi for 40 of its turnover by 2012, Viehbacher, to attack the cliff of 2013, prefers to strengthen by diversifying. This will not be an easy part. Thus in generics, an already crowded market, Czech Zentiva purchase gives him the eleventh World place, which is not precisely a pole position. As any transformation, it is also long. The progression of 16 of its profit to compare with the fall of Pfizer and BMS, as well as cash that it show that French is not more poorly equipped that some to deal with it and that it does not merit the discount of 15 to 20 with its shareholders.

Black is black

All good trader knows that to put hand to the Pocket, the client needs a dream. Cannot yet be said that Lakshmi Mittal, who claimed 3 billion market, to have provided him. It may not. All companies today strive to enhance their defensive character of recurrent maintenance contracts meant to save the computer industry to the satisfaction of basic needs provided by the agri-food. Despite an art of repeatedly demonstrated presentation, the pattern of ArcelorMittal, provider of the car, building or shipyards, can hardly suggest that he has loopholes the crisis. The announcement of a greater than expected net twice loss corroborates that the decline of 23 of world production in the first quarter. It has even reached 44 in Europe and 53 in the United States. The dilution that cannot only help a title which has lost 70 a year to continue to go down to the bottom of the mine. Is in Lao Tseu who noted that when large are thin, long the scant died that the market may find hope in the world number one.