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2 billion that evoke the analysts is applied

Some victories were ominous sounding. Successful summer and world of the last Batman, "the dark knight", was the second biggest hit in the history of cinema behind "Titanic". But Time Warner shareholders who would welcome a little faster progression of the third quarter results generated by the famous BAT must not forget that the "Titanic" flonflons accompanied the sinking. If the first nine months of the year of the American giant of the communication are suitable, they owe much to exceptional events. In addition to the good surprises hollywooodiennes, they have been inspired by the rise of the hearing and cable channels-doped by a captivating and wasteful presidential campaign advertising revenues. However, the aftermath ahead are less shimmer. The economic crisis will be now more revenue, including the already weakened magazine pole. In addition, the Internet AOL boulet continues to do less well than its competitors Google and Yahoo!. If Time Warner lowered by half its forecast increase in result for 2008, next year may be much darker.

Smooth does not play

There is no point of rowing against the current. After the 2.9 billion euros of writedowns taken by UBS and the 1.2 billion spent at Société Générale in the third quarter, BNP Paribas not spoiling in a banking landscape dilapidated with a bill of the financial crisis of 1.6 billion, even if it is the highest that it has ever recorded. Cannot defer the payment of a rather salty note of 700 million on the bankruptcy of Lehman Brothers and the Icelandic banks, the Group would like to serve hundreds of millions of its exposure to the radioactive securitized credits of its portfolio. If the good student of the European Bank, breaking its image, more seeks to smooth the impact of meteorites of the "subprime", it is the end of the year promises to be struck. Although the last, with Goldman Sachs, to still make money these fifteen months, bank financing and investment activity, just recipient from July to September, fell into the red in October, driven by the stock plunged. As a result of operation of the entire group, he jumped in the third quarter of six years back, below 1 billion euros. Nothing however that to delay the advance made on a Société Générale one third less profitable for nine months.

Ants and for ohms

In the Japan where we love tradition, Kabuto-unemployed celebrated to the return of the prodigal son in the fold of Panasonic using pounce action Sanyo from 57 in two days. Born in 1947, it was created by the two founding brothers-in-law in the 1920s that still called Matsushita. The stepfamily should by its weight to move to the forefront of Japanese electronics. It will especially enable Osaka group to see the future in green since it offers with Sanyo a place in the solar batteries and rechargeable batteries used in mobile phones and laptops. By also putting hands on batteries for hybrid and electric cars, he took the pole position in the new racing ahead. With its $ 10 billion of cash and its 43 billion stock market value, Panasonic has the means to his ambition even if the 40 bonus on the capitalization of Sanyo (4.2 billion) that evoke the analysts is applied. It may also sell certain activities which, such as household appliances, narrow the margin of its target. With the crisis, the ants are finally back on the podium.

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