With a net quarterly profit more than EUR 1

Better worth finally not give the taste of the day the precepts of the Minister of Finance of the Popular Front, Vincent Auriol, who wanted to close the banks and lock up the bankers. Some of them have indeed shown in the beginning of this year that drift too sophisticated, credits were not routinely turned into "bad banks" beautiful machines in cash for the years 2005-2007. With a net quarterly profit more than EUR 1.5 billion, twice what hoped analysts, BNP Paribas joins the lean forefront of likely establishments, a not too distant due, not only to repay State aid but to continue to pay their shareholders. Antin Street Bank carried out in three months 40 of the profit in the year and exceeded its target of reduction of assets at end of 2009. Could certainly regret that performance takes, as elsewhere, the explosion of revenues from trading but the real annoyance is that, despite the trebling of the previous quarterly record of two years ago, it reaches only 60 of the exploits of Goldman Sachs in this trade. But to read in this good newsletter together faster fledging of questionable stock five times in three months on all 2008 and the records of the consumer credit provisions, suggests that future reviews of passage will not be successful by everyone.

The secret of the pyramids

Albert Uderzo liked to say that he expected the outcome of its sales to whether he had the talent. In the light of its own, the patron of Lafarge, after its debt was biting the yellow line, can begin to blow, and investors with him. The smooth running of the capital increase intended to loosen the financial noose created by purchase, to 8.8 billion euros, of the Egyptian Orascom had already begun to alleviate, as compliance by Bruno Lafont of the pace of its program of transfer of assets. Above all, yesterday delivered figures showed the market that all campaigns of Egypt does not bogged in sand. In settling at the foot of the pyramids, Lafarge has conquered one of the most dynamic world markets and helped sales to decrease two times slower than those of the Swiss Holcim, its competitor. Performance was all the more appreciated that the planing of costs has maintained an operational margin. What suggests that the cement, which has long lost the premium to the leader of the sector, may find the favors of a scholarship, valued at 10 times its profits, the pay 30 less than the average for the sector.

Complicated aircraft

The saga of "is there a pilot in the plane" has never produced anything else to infamous barely distributed turnips cabin long-haul. The poor remake play leaders of easyJet with their main shareholder and founder Stelios Haji-Ioannou, has however not seem to bother the City, who half-heartedly sanctioned the doubling of its half-yearly loss yesterday. This air hole is certainly not exceptional since the British low-cost company wins traditionally his year on the summer season. It is not less than seven times more deep that two years ago while turnover Meanwhile grew by 43. Now alone in the cockpit after the departure of the President of the Council and its financial Director, the Director General of easyJet is seeking at all costs to show that he takes orders and promises a profit over the whole of 2009. But falling to its lowest since 2001, according to estimates by analysts, the latter will only fuel further challenge. Seeing business customers please refer to the "low-cost", the stock market prefers to Board. It brought the market capitalization of Ryanair over that of Lufthansa and easyJet to half that of Air France-KLM, by both the European airlift only to appear on the increase over one year.