The first U.S. food group, which holds particular LU biscuits and coffee Carte Noire, will split into two companies later this year.

One will be dedicated to its snacks marketed worldwide as Cadbury chocolate and biscuits Oreos, the other brands in North America specifically, the e ; door leaf thereof being referred to shrink. 

To prepare for this separation, the group will fund a special charge of $ 1.6 billion to $ 1.8 billion (1.2 to 1.4 billion euros).

Kraft has said it expected a net increase its turnover by around 5% in 2012. This forecast takes into account the negative effect of around one percentage point reduction in its range in North America.

The group said also anticipate an increase of at least 9% of its operating profit at constant exchange rates, despite higher taxes and pension costs.

The action Kraft gained 1.9% to 38.73 dollars to 4:20 p.m. GMT on Wall Street, while the Dow Jones progressed from 0.37%.

The group recorded a fourth quarter profit of $ 830 million, or 47 cents a share, against $ 540 million (31 cents) a year earlier.

Excluding items, earnings per share were 57 cents, according to Thomson Reuters consensus I / B / E / S.

Turnover increased by 6.6% to $ 14.7 billion. Organic growth – is out acquisitions, disposals, calendar effects and exchange – rose 7% in North America, 3.1% in Europe and 7.2% in emerging markets.

In the fourth quarter of fiscal 2011, the company posted an operating profit of 1.83 billion Danish kroner against 1.82 billion expected by analysts surveyed by Reuters, for a turnover of 14.85 billion crowns against 14.30 billion expected by the consensus.

For all of the current fiscal year, operating income is expected to remain stable and adjusted net income should increase slightly, says the Dutch brewer. 

The group also expressed its intention to purchase "as soon as possible" 15% of the remaining shares in its Russian subsidiary Baltika, an operation that will cost up to 6.5 billion Danish kroner (874 million).

Once completed the buyout of minority, by the month of May, Baltika Carlsberg will scratch the coast.

In early trade, the Carlsberg share fell by 2.0% to 420.40 kronor.

Previous Previous PauseSuivant Etam (56th) Next Photo 12/14

Previous Previous PauseSuivant Fnac Electronics (57th) Next Photo 13/14

Previous Previous PauseSuivant Galeries Lafayette (59th) Next Photo 14/14

Previous Previous PauseSuivant Zara (60th) Next Photo

The Senate on Wednesday rejected by 175 votes against 168 the bill UMP to govern the right to strike in the airline, criticized by the unions of Air Staff.

Most PS, CRC (Communist), RDSE (mostly PRG) Ecologist and passed a motion prior procedural motion which amounts to a rejection of the text. The centrist and right UMP voted against.

Filed by a deputy of the Right People, Eric Diard, before movement of airport security officers, PPL already adopted on 25 January by the National Assembly is to implement in the air including the existing and the SNCF RATP. Left and Right have competed strongly in the hemicycle of the Palais du Luxembourg, where the shouts are increasing with the approach of presidential elections.

"The airline industry is highly confrontational: 1131 strikes in the last three years, 63 days last year. This is no longer acceptable. Freedom of strikers must end or beginning of the passengers," insisted the minister Transport, Thierry Mariani. "The sky is open air. You, too, show a little opening and let yourself go with the interests of passengers, not that of a minority of employees," he told Catherine Procaccia (UMP). "Passengers are the cannon fodder of the malfunctioning of social dialogue," exclaimed Louis Negro (UMP).

"You do not have a monopoly on empathy with users stuck in airports. It is always the strikers who are responsible for everything, you never put the responsibility on employers, however, social dialogue takes two, "replied Jean Desessard (Greens)." If employees have to leave it because of the strikes of 1936 and if they do not fly is that they do not have money, you are the emissaries of big business "has swept Borvo Nicole Cohen-Seat, Chair of the group CRC (Communist). "No more business would be immune to similar restrictions to a fundamental right: the right to strike," protested George Labazée (PS). "The goal is to flatter a certain opinion public without worrying about the consequences of employees whose situation is often precarious, "blasted the rapporteur Claude Jeannerot (PS).  

This text requires the strikers, under penalty of law, to declare individually 48 hours before each day of the strike and employers to forecast traffic no later than 24 hours before the disturbance. Employees waiving participation in a strike or deciding to resume their service will also, under penalty of disciplinary action, inform the employer within 24 hours prior to their participation or anticipated recovery. This obligation to inform the employer of a change of mind will also apply to land transport, thereby altering the symbolic law of August 2007, improperly called law on "minimum service".

The airline unions have the four days last week strike demanding the withdrawal of a text for them violates the right to strike. They do not exclude other mobilizations. The PPL is registered emergency, a Mixed Commission (CMP, seven senators, seven MPs) will now be convened before a return to both houses but the Assembly has the last word.

These figures are close to those reported in the night of Monday to Tuesday by Reuters on witness statements from a source close to the second board of the Italian electricity.

Financial analysts had expected an EBITDA of € 910 million, according to Thomson Reuters consensus I / B / E / S.

In 2012, Edison, who suffered a net loss of 871 million euros last year due to depreciation, said he foresaw an EBITDA equivalent to that of 2010, without taking into not account Edipower. 

The margins of Edison in its gas business are under pressure because of long-term contracts that the group has forged a course higher than spot prices.

In early trade on the Milan Stock Exchange, as the Edison yielded 0.3% to 0.8350 euro while the index grouping the European values ​​of utilities lost 0.12 %.

EDF reached an agreement late December to take control of Edison, but at the cost of disposal of Edipower, considered by some analysts as the nugget of the Italian group.

At the Paris Bourse, EDF shares fell by 0.43% to 18.38 euros.

Greek Prime Minister of Greece Lucas Papademos warned against the "economic chaos" in case of rejection, while Germany has warned that Greece should stop being a "well bottomless "`.

After three days of tension and political threats, Parliament began shortly after 14:00 (12:00 GMT) to examine the bill to save 3.3 billion euros thanks to lower wages, pensions and job cuts public. 

The vote must take place before midnight (2200 GMT), said the finance minister, Evangelos Venizelos, "because on Monday morning, the banking and financial markets should have received the message that Greece can and will survive. "

"If the law is not adopted, the country will go bankrupt," warned the Minister that a Communist deputy threw the pages of the bill on the floor of the Assembly.

About twenty members of the coalition of Lucas Papademos have threatened in recent days to vote against the text and six government members submitted their resignations, but the Prime Minister will still theoretically supported by a large majority. 

Outside the parliament, police fired tear gas to try to disperse demonstrators who threw stones and Molotov cocktail at Syntagma Square.

This is the largest mobilization since the month of demonstrations against the security measures. Most protesters retreated but clashes continued in the middle of the afternoon.

"There is tear gas into the interior of the Assembly," said one Communist deputy, Panagiotis Lafazanis.

"Bottomless well"

The new austerity plan is the price to pay for the release of an aid program of 130 billion euros from the EU and the IMF – the second since 2010.

Greece has to touch the money before March 20 to repay a state loan of 14.5 billion euros.

Germany has turned up the heat a notch Sunday warning that Europe expected actions and not words.

"The promises of Greece are no longer sufficient for us," warned the German finance minister, Wolfgang Schäuble. 

Referring to the new austerity plan in which the Greek deputies must vote this Sunday, the minister said in an interview published by the Welt am Sonntag that the previous did not e ; tee implemented in their entirety.

Wolfgang Schäuble said that the Germans are largely in favor of an international aid to Greece. "But it's important to say that it can be a bottomless pit. This is why the Greeks will finally have to clog the well. Then we can put something. At least people are now beginning to realize that it will not work with a bottomless pit.

"Greece must do its homework to become competitive, it requires a new rescue plan or some other way that we do not want to (…)" he says referring to an output the euro area.

Asked if such an outcome is possible, Wolfgang Schäuble responds: "Everything is in the hands of the Greeks themselves. But even in that event, on which no table, they remain an integral part of Europe ".

"We are pleased to offer our assistance, but we should not give others the impression that they have not done enough. Each state is responsible for itself," explains he said.

The construction group and concessions, owner of motorway networks Paris-Rhin-Rhone (APRR) and Area (Ain), said in a statement that its turnover reached 3 , 61 billion euros, 1.04 billion for the construction division.

Of all of fiscal 2011, revenues grew 3% to 13.73 billion euros.

Eiffage also know that its backlog at January 1, 2012 was up 25% over one year to 13.5 billion euros. It represents more than 11 ½ months of activity of divisions.

At the Paris Bourse, the action Eiffage closed Friday at 26 euros, down 2.14%, showing a market capitalization of 2.26 billion euros.

The Nikkei lost 13.35 points to 9002.24 points while the Topix broader took 2.15 points (0.27%) to 784.49 points.

Nissan Motor has lost more than 1%, a victim of profit taking after its results.

"We are in regular contact with European authorities and will continue to closely monitor the situation and take all possible measures to protect the U.S. financial system and the economy, "said the Fed chairman, according to the text of a speech for the Budget Committee of the Upper House. 

Ben Bernanke remained cautious citing the economic outlook in the U.S. and did not allude to the release Friday of unemployment to its lowest level in nearly three years.

"We still have a long way to go before we can say that the labor market is behaving normally," he thought, using formulas similar to those of his speech on Thursday.

"Political leaders should in principle give an answer tomorrow at noon (the EU) so that it can be presented to the Eurogroup in Brussels," said Panos Beglitis, spokesman for the Socialist Party, Sunday. 

As negotiations dragged on for weeks, Beglitis acknowledged that leaders of the three coalition parties (the Socialist PASOK, New Democracy conservatives and the far-right party LAOS) have still things to negotiate, particularly on labor reform and support for national banks.

"There are two big problems, work and banks, which were left for tomorrow," he acknowledged.

Party leaders will then discuss the plan of the troika (International Monetary Fund, European Commission and European Central Bank) at a meeting chaired by Prime Minister Lucas Papadé mos.

"There will be a meeting of political leaders chaired by Papademos tomorrow afternoon," said Beglitis. 

But no work session was not officially scheduled with representatives of the Eurogroup on Monday and everything could happen by teleconference or a face-to face at the last minute.

The chief minister said for his part that the various managers of the government coalition have agreed on a reduction in public spending by an amount equivalent to 1.5% of GDP this year.

This includes measures to reduce salaries and benefits costs to make the Greek economy more competitive, he added. 

He also confirmed the meeting of heads of coalition parties on Monday to conclude negotiations on the second aid package of 130 billion euros to be implemented by the mid-March to avoid a collapse of public accounts.

The two main Greek unions called for a 24-hour strike Tuesday to protest against austerity measures and reforms demanded by international creditors.

"We expect one-day strike on Tuesday," said Ilias Iliopoulos, general secretary of the ADEDY representing public sector employees.

"Despite our sacrifices and despite the recognition that this policy mix is ​​bad, they ask even more austerity," he added. 

ADEDY and its private counterpart, the GSEE, representing about two million workers in Greece, about half of the workforce.

BAROIN OPTIMISTIC

Creditors of Greece had requested a reduction in spending worth one percent of GDP, slightly more than two billion euros for 2012.

The negotiations on the restructuring of the Greek debt held by the private sector rose "relatively well", said his side the French Minister of Economy and Finance, Sunday .

"I think it progresses smoothly on the part of private sector involvement to be made on a voluntary basis," said Baroin under the "Grand Rendez-Vous "Europe 1-Le Parisien-i> Télé. 

"We would not get away from the level at which one must move the Greek debt in 2020, that is to say around 120%," said the French minister. And "it is because we do not withdraw these objectives that the discussions are difficult," he said.

"Anyway, it's later than February 13," continued Baroin.

February 13 is the deadline posed by the euro area to launch the operation, which should bring the Greek debt around 120% of gross domestic product (GDP) to in 2020 against over 160% today.

The private sector should accept a discount of around 70% of its obligations under the exchange program of the Greek debt. This will help to lower than 100 billion euros of debt of Greece.

In exchange for a loan of at least 130 billion euros by 2015, the troika of institutional creditors requires further structural reform and further reforms of austerity authority to clean up its public accounts.

Troika calls including a lowering of wages in companies and supplementary pension, which measures face many political and union resistance.

In the absence of an agreement, Greece is threatened with failure to pay on 20 March, when mature 14.5 billion euros of bonds.