The leaders are not owners of the business

Serve a ultra-riche problems customers. Rodriguez Group, the world leader of luxury yachting, made hard experience from July to September when its sales of new boats have abruptly changed course. Flowing of 85 of a coup, they were not only miss a third annual objective sound, but aggravate the expected on the 2007-2008 fiscal year loss. The gloom of a barrel of black gold in fall of more than 60 in four months, the slowdown in the growth of emerging countries and the explosion of the Russian economic bubble have made much more cautious billionaires near eastern, Indian and other oligarchs. Them that the growth of a quarter of the starts of large luxury yachts between 2005 and 2007 no hesitate to turn now to the occasion, negotiating in the last international ships under Florida for two years with discounts of 50 over the nine. Awareness was sent to the bottom a title yet accustomed to high sea grains, step away from joining the destiny of Poncin and Aicon, become a "half-penny stocks." Its market capitalization amputated from 44.5 in a session, the landlord of the "Paloma" is more than the ghost of itself, does little more than worth one of its 50-metre yachts. New course.

Quarté more

The jar of Earth is never gaining against the iron pot, nor the manager employee against the shareholder. It is a relative of Thierry Breton, Claude Bébéar, who insisted last may: "this is not the management to decide...". The leaders are not owners of the business. "Even if it comes to good results, Philippe Germond, who has been ferrailler against these funds in the capital of Atos, must therefore now no surprise leave the place. He left a former Finance Minister, but especially to a road of the sector. Thierry Breton, created his own computer services company before lead Bull (where he was only second), Thomson and France Telecom. The "Breton effect" sentence the news of his arrival in Atos known, played with a flight of the title. It is broken on the collapse of the market, but all hope is not lost. When they were led by the man that puts companies under tension, Bull, Thomson and France Telecom have seen their titles gain 129, 9 and 211 respectively. However, since that he is gone, they have fallen 99, 94 and 15! So, if the shareholders of Atos can be welcomed the arrival of Breton, they must also wanted the agreement it concluded with a long term contract.

Bank blues

Astrength of raising the spectre of economic depression, do not be surprised that the stock routes of large banks evokes a poorly healed nervous breakdown. Treatment, there are better, returns in the form but also relapses. At the present stage, investors have learned to not listen to the sounds of panic, but they are not deaf to the sound of the blues. It must be said that the banks are facing uncertainties of nature very different and not really positive with respect help. On the one hand, the effects of disturbances on financial markets prove deadly to the margins of investment banks. On the other, the recession may bring a bloom of supplies and make it more difficult for the generation of commissions for commercial, private banking and retail. This game here, only the Wells Fargo American or the British HSBC are able to do better than average stock indices, there where the Swiss UBS drawn touching its lowest historical. For the French universal bank profile and the level of capitalization are more effective pills to recreate the spirits at a time where the calculators of analysts compare the bases of income and costs of the next year.