The U.S. places have opened in a disorganized Tuesday, torn between the announcement of the organization of new elections in Greece and macroeconomic indicators satisfactory.

Within minutes of opening, the Dow Jones progressed from 0.16% to 12,715.99 points after having opened in the red. The Standard & Poor's, wider, gained 0.14% to 1,340.28 points while the Nasdaq composite advanced 0.28% to 2910.10 points.

New elections will be held in Greece on Tuesday after the failure of talks between political parties on forming a coalition government, announced the Greek Presidency.

This political instability increases the fears about the future of Greece and especially on a possible exit from the country of the euro area.

Given the concerns around the European debt crisis, investors were reassured, however, by a series of U.S. data on activity and consumption satisfactory.

On the values ​​front, JPMorgan progressed from 1.14% to 36.22 dollars. Increasing pressure on the CEO Jamie Dimon could be called Tuesday by the shareholders of the U.S. bank to relinquish the presidency after the loss of at least two billion dollars charged by it in response to a hedging strategy risky.

The general meeting of shareholders is held from 14:30 GMT.

Groupon soared 18% to 13.89 dollars after posting its first quarterly profit for the last three months of its fiscal year ended March. Citigroup rose to a recommendation to buy on value.

The results of Home Depot were poorly received, however, the title falling by 3.9% to 47.92 dollars. The group released a turnover in the first quarter to 29 April at 17.81 billion dollars (13.86 billion euros). This is below market expectations which relied on sales of 17.96 billion.

Wall Street retreats in early trade Friday, weighed by JPMorgan Chase, which lost 9% after the announcement of a trading loss of two billion dollars due to a strategy losing coverage.

In early trade, the Dow Jones yields 0.45% to 12,797.48 points. The Standard & Poor's, wider, lost 0.42% to 1,352.23 points while the Nasdaq composite is stable at 2933.50 points.

"Although this is an isolated incident that has nothing to do with the macroeconomic situation, this news is very painful to learn," said Tim Speiss, head of the company ; advisory wealth management EisnerAmper in New York.

"Investors need to see what impact it can have on the equity value of JPMorgan and if this is something that can disrupt the entire industry," he said.

Bank of America lost 2.7% while Citigroup was down 4.4%. The S & P financial index yields nearly 2%.

The volatility index is up nearly 20% since the beginning of the beginning of May, indicating a growing aversion to risk.

Nvidia Corp. gained 7.65% after reporting a turnover of 924.9 million dollars, higher than expected, and announced that billings would increase more rapidly than expected during the current quarter.

U.S. prices for production unexpectedly fell in April, due to lower energy prices, according to the Labor Department.

Investors expect the index preliminary Reuters-University of Michigan for the month of May.

Loss in the first quarter, Dexia meets this Wednesday's meeting in Brussels but will likely wait until the inauguration of François Hollande to resolve the issue of governance.

The Board of Directors of the Franco-Belgian bank being dismantled in the day must appoint Karel De Boeck, former managing director of financial group Fortis as administrator.

The Belgian government has officially said Tuesday he wanted it to become CEO of the bank instead of French Pierre Mariani but the French authorities have not yet given ; no official position on this issue. 

The issue of governance is urgent because of a relative Luc Coene, the Governor of the Central Bank of Belgium, believes that Dexia will likely need to be recapitalized again.

Dexia announced a net loss of 431 million euros for the first three months of the year, attributable to "non-recurring items", basically the cost of government guarantees covering its financing and depreciation.

The bank said that the State guarantees French, Belgian and Luxembourg were a quarterly cost of 128 million euros.

She also recorded an impairment of EUR 145 million on its stake in Kommunalkredit Austria and an "adjustment" of € 102 million related to the sale of Dexia Municipal Agency. The property must be sold to the French state and the post office to create a new credit institution to local communities.

The Belgian government said it wants to renegotiate the distribution of 90 billion euros of financing guarantees granted to France with the new government of Francois Hollande.

Since the decision late last year to dismantle Dexia, the Belgian authorities have carried out the nationalization of retail banking activities in Belgium while France has decided to return via the CDC and the Postal Bank, the activities of local government financing.

The bank suffered a net loss of 11.6 billion euros in 2011. 

Although in sharp decline, the size of the stock of Dexia is considered by some analysts as systemic because a failure to pay the bank would have incalculable consequences for the entire sys European Banking me.

Dexia shares was opened down 5.26% Wednesday after the publication of its first quarter results

Around 11:15, the Dexia share yielding 5.26% (0.01 percent) to EUR 0.18, representing a market capitalization of 350 million euros.

The producer prices of French industry grew for the third consecutive month in March, rising 0.5%, mainly due to higher oil prices , according to data released Friday by INSEE.

The seven economists polled by Reuters on average expected a rise of 0.6%, with estimates ranging from 0.4% to 1.0%.

The producer prices of French industry had increased by 0.7% in February (0.8% in the first estimate) and 0.6% in January.

The prices of refined products increased by 2.8% in March after rising 3.4% and 5.1% respectively for the months of January and February in line with the current price oil from the North Sea, INSEE said in a statement. 

The price of Brent rose in March from 5.3% in dollars (5.5% in euros) and the last three months of 15.2% in dollar terms (14.7% in euros ).

Rising food prices (+0.4% after +0.5% in February) is mainly due to seasonal increases in meat prices.

Prices of industrial products destined for foreign markets increased by 0.3% in March as the month before.

For all markets, the increase was 0.4% and 3.1% year on year.

Johnson & Johnson received the green light Thursday from the European authorities to buy the Swiss manufacturer Synthes medical equipment for some 21 billion (about 16 billion euros), an operation that will boost its segment of orthopedics.

This is the largest ever acquisition by J & J.

To view approved by European competition authorities, the U.S. group had agreed to sell its European business in the area of ​​trauma.

In a statement, the European Commission stresses that the merged entity will continue to face several strong competitors.

Prime Minister Francois Fillon, has validated this weekend's decision to notify Thales a contract worth several billion euros for the modernization of tactical radios of the French armies, writing Le Figaro Tuesday.

The contract, three to four billion euros over 22 years, involves the renewal of 33,000 radio systems used by the military, the paper recalls.

The Ministry of Defence had agreed but of Economy objected to the notification of an important contract in its presidential campaign. Matignon has ruled.

The U.S. Treasury announced Friday that CEO compensation of three major companies that received aid during the financial crisis "exceptional" remain frozen for the second ; me straight year.

The decision applies to executives of AIG, the automaker General Motors and the credit institution Ally Financial, three groups that received a total of 135 billion dollars that have not paid off.

Over the period 2007-2009, public authorities have provided $ 68 billion (52 billion euros) to AIG, 50 billion to 17 billion to GM and Ally Financial to help them avoid bankruptcy. 

The Treasury said the direct remuneration of 69 other leaders of the three companies would be reduced by 10% over their 2011 level.

Four other major companies that received a bailout from public funds during the crisis have since repaid the aid: Bank of America, Citigroup, Chrysler and Chrysler Financial.

The dissatisfaction in the opinion by salaries and bonuses received by executives of these companies was such that the Obama administration has created the post of "supervisor" in charge of oversee their compensation policies.

The Treasury statement does not specify the identities of the leaders of AIG, GM and Ally Financial affected by frost this year. But it is certain that the CEOs of these three groups will receive, despite the austerity displayed, wage and salary supplements comfortable.

The CEO of AIG and should reach $ 10.5 million including the "stock options", one of Ally Financial 9.5 million and that of GM 9.0 million, according to documents released by the Treasury .

The British group International Power said Thursday it had received from its majority shareholder GDF Suez a non-binding offer to purchase shares of the capital it does not already own, at a price of 390 pence.

The announcement comes after months of speculation about the intentions of the French group, which already owns 70% of International Power.

The proposed price is only slightly higher than the closing price on Wednesday (383.4 pence).

After the announcement of the offer, the title International Power gained 5.53% to 404.6 pence at 9:21 GMT.

European shares rebound slightly sketched at the opening Monday as investors buying on the cheap after a week of consolidation, but the market, cautious, then returned to downward.

The Paris Bourse opened with a gain of 0.4% before falling to 3466.20 points (-0.29%), while the Eurostoxx 50 index was down 0.31%.

In Frankfurt, the DAX yields 0.18% while the FTSE London is 0.13%.

The action Havas jumped 9.38%. The group presented a proposed acquisition of 12% of its capital to reduce the discount on the stock exchange and optimize its financial structure.

Technip has been awarded by BP and its partners a contract to develop subsea infrastructure project in the UK North Sea for about $ 600 million, gained 2 , 6%.

For its part, PSA Peugeot sells 0.5% while employees of the French manufacturer and subsidiary of General Motors' Opel prepare to battle the bodies on the alliance the two carmakers.

The publication of the German Ifo index of business climate (0800 GMT) should set the tone of the session. "Germany is crucial for Europe and a strong figure (…) show that the lackluster environment in Europe does not affect business," Judge Joe Rundle, head of training at ETX Capital.

Cameron Peacock, market analyst at IG Markets, caution remains in order.

Nearly 4 million households spend more than 10% of their income on electricity and gas. An alarming situation that denounces the Energy Ombudsman. That propose candidates to fight against this social evil.

Fuel poverty is worsening in France. This is the alarming compiled by the Energy Ombudsman Tuesday, when publishing its annual report. Objective: that this matter find its way into the presidential campaign.

How many people are affected by fuel poverty?

Are fuel poor people who spend more than 10% of their budget on energy bills. Longer limited to a few hundreds of thousands of homes, fuel poverty has risen sharply in the late 2000s. Today, affecting more than 3.6 million households (14.4%) of households, or 8 million people. Among the most affected households in rural areas to 90% in poorly-insulated homes, old and seldom renovated. Are particularly affected parent households, pensioners with low pensions, minimum incomes, the unemployed and indebted.

What are the causes of this aggravation?

The explanation is sadly commonplace: the economic crisis, which has destroyed jobs, coupled with rising energy prices (25% for gas and 8% for electricity in two years). And the increase is not going to stop. In January, gas prices rose 4%. As for electricity prices, they may increase by 30% by 2016. Energy suppliers, consumer movements, community centers or social action locally elected officials, associations caricatives, all find a strong increase in payment difficulties and requests for rescheduling of outstanding invoices. The Ombudsman, an independent administrative authority which began operations in 2008, saw its number of referrals increase by 14% last year, in 8044. Of this total, the number of cases related to payment difficulties has increased by 80% compared to 2010, and represented over 15% of referrals, with an average debt of 1,900 euros.

Prizes are they not regulated by the government?

If the government can not do much against rising prices, inevitable. Of course, presidential forces, he announced a rate freeze until May. But this position is untenable. Electricity production from nuclear power (supposed to be very cheap) represents only 33% of the final price per kilowatt paid by the consumer. The remainder is the cost of transport (network maintenance and power lines), marketing costs and CSPE (contribution to public service of the electricity used to fund the development of green energy). But the nuclear fleet and the infrastructure is aging, which will force EDF to invest heavily, and if the government wants to continue to develop renewable energies, it will increase the CSPE. Gas prices, however, are calculated using a complex mathematical formula that incorporates the changes in oil prices, soaring past year. Unless you run EDF and GDF, the government can not prevent the rise in energy prices. It has also recently called to order by the State Council.

There does not already taking action against fuel poverty?

If this is so-called social tariffs for electricity and gas that benefit any person to whom the CMU. The reduction represents between 40 and 60% of the annual bill based on household composition, equivalent to 95 euros on average for electricity, and 140 euros for gas. Problem, only 650,000 subscribers to benefit from electricity and 300,000 gas customers, while "approximately 2 million households are entitled to these social tariffs," said Denis Merville, the National Energy Ombudsman. Why such a difference? "The allocation procedures are complex. Social workers often have no knowledge of these existing tariffs, eligible persons often live in dilapidated housing, sometimes without mailbox, "said the mediator. To overcome this failure, the government is to automate this aid on the Base files of social agencies, which will reach one million households in total

What does the Energy Ombudsman?

He defends three measures . Firstly, the establishment of an energy check which may be substituted for social tariffs, and would be distributed on expanded criteria by family allowance funds. He also hopes to open the social tariff for electricity customers alternative operators, while today only EDF and local incumbents can distribute it. Latest proposal: that the winter break cuts (November 1 to March 15) is extended to all consumers – currently, only beneficiaries of the housing solidarity fund (FSL) are concerned, about 300,000 homes – along the lines the truce of evictions. According to the Ombudsman, the cuts have greatly increased, according to his estimates, some 500,000 consumers have been a reduction or suspension of energy supply in 2011.

And candidates and the Elysee?

Nicolas Sarkozy, who recites his campaign proposals according to his media interventions, has not yet expressed on the subject. This will require, for now, just balance of his government on the matter: creation of the social tariff of gas in 2008, upgrading of these rates and broadening the number of beneficiaries, a fund of thermal renovation of housing for insecure households, with 1.35 billion euros, which must separate 300,000 homes by 2017. The Socialist candidate Francois Hollande offers him to adopt a tiered pricing for electricity and gas according to usage (essential, unnecessary), greener and more united, associated with specific mechanisms of long-term for the most precarious and to prohibit the power cuts in winter. As for Bayrou, it is safer. "We must be honest: the energy will cost more and more expensive," says Yann Wehrling, spokesman for the candidate's campaign Modem. "Some households, more affluent, are equipped to cope with this increase. They will have to finance the solidarity with the most vulnerable households, which should expand the number of beneficiaries of social tariffs."

The National Energy Ombudsman

It may be called in case of disputes concerning the enforcement of contracts to supply electricity or natural gas. It also participates in the Energy Info information device, accessible at 0800112112 (toll free from landlines) and www.energie-info.fr