The circuits are always born of a potential difference

The circuits are always born of a potential difference. Although he perfectly know the phenomenon, EDF could not avoid him who made disappear in smoke 15 billion euros of its market capitalization last week, or more than 18. The upward revision of the cost of electricity of the new generation of reactors EPR, launched a counterattack of $ 6.5 billion in the United States in the wake of a British offensive to more than 15 billion euros, the shadow thrown on the revival of nuclear power by the hesitation of the South African and, in the opposite direction, the lengthening of the life of the plants more than forty years disrupted, as rarely in a few days, the economic equation long term of the first European electrician. It is also the time where the fall of oil below $ 40 per barrel highlights woefully low competitiveness of the EPR in times of recession that chooses the Government to reassert stability of incompatible electrical rates with inflation of costs in the long term. By understanding fellows that the pressurization was more than ever the future of the EDF, the State shareholder lost in stock market value of what finance half of its stimulus package. Make etrangler the hen to the egg of gold that she met more does it not richer.

Waltz in three time

No need to engage in distant trips when happiness is at the door. When British Airways, already amouraché of the Spanish company Iberia, attempts to bring together the crumbs of the Empire in flirting with the Australian Qantas, Lufthansa prefer simply soft hand to catch up with its smaller neighbours that the crisis fail. After redemptions of BMI British Midland and the ex-Sabena, the Austrian Airlines allows German delight Air France-KLM Crown of King of the European skies. If the charm of the Group of Cologne had not acted on the owners of BMI which sold for an upgrading of 44 times the profit before taxes for 2007, he won Vienna, which for now simply a cent of euro per share to convey its participation, has the good taste to resume his own 45 of the net debt of the Austrian. Even if these three acquisitions take short-term less than 20 of the cash of Lufthansa, and its balance sheet allows to take on significant liabilities, the music of their integration be sensitive to orchestrate a more dark sky. Failure to cut costs and improve revenues, what are the profits that valseront.

Flowers or wreaths

Homeopaths market products against indigestion of the big eater. No doubt however that the President of Bank of America, Kenneth Lewis, will be in not simply and will use surgical techniques. Since 2001, he has indeed earned a big reputation for "consolideur", leading to many acquisitions for more than 100 billion dollars. His last big move on the chessboard, the buyout of Merrill Lynch do him worth yet throwing flowers or wreaths wefts, when even its target, the firm to the bull, celebrates in bitterness the funeral of first class of its independence. It must be said that the prospect of building the number one bank American no longer sufficient to excite investors. Not only they know that one plus one rarely two in the Bank, but increasingly this alea of execution is made while the country into recession, which automatically increases the risks of the sector. Analysts are concerned with the evolution of the dividend. However, Bank of America is already more than the third market capitalization Bank us. The action has lost 43 of its value since the announcement mid September this costly and settled ways in shares. The shareholders, they digèreront the pill if synergies are issued.