Hot Economic News Releases

The first Boeing 787 Dreamliner should be shipped in the first quarter of 2011 because of a delay in availability of engines, said Friday the aircraft manufacturer.

The delivery date for the Dreamliner has been delayed, as these engines are necessary to the ultimate test flights, will be available until the fall, said Boeing.

The U.S. group is working with Rolls-Royce for faster delivery.

Last month, Boeing announced that the first delivery of the aircraft could be delayed into the early weeks of 2011, due to a series of difficulties.

However, the group said on Friday that the new schedule would not impact on the group's financial forecasts.

The testing schedule of flights will actually preserved Boeing said.

List of key values to follow Monday on Wall Street.

CAMPBELL SOUP *

The group is considering a power supply of 1.5 billion pounds (2.3 billion dollars) on the activities of Britain's United Biscuits Cookies, reported the Sunday Times.

The U.S. group is not interested in the industry "snacks" of United Biscuits bought in 2006 by Blackstone and PAI Partners and that they intend to sell, according to information published by Reuters last month.

Closing price: 36.64 dollars.

* HEWLETT-PACKARD

* 3PAR

* DELL

Hewlett-Packard said Monday it proposed to acquire the data storage company 3PAR priced at $ 24 per share in cash, competing with the offer made last week by rival Dell.

The proposed HP is 33% larger supply of Dell, which accounted for at the time of its announcement a premium of 87% over the course of 3PAR.

The action of 3PAR blazing 37% in pre-market trade after the announcement of the offer from HP.The action of the computer group yielded 1.0%, however.

Closing Speaker: U.S. $ 39.85

Closing 3PAR: U.S. $ 18.04

Closing Dell: 12.07 dollars

* AMERICAN INTERNATIONAL GROUP

The U.S. Federal Reserve plans to reduce approximately 3.6 billion dollars (2.8 billion) credit line open to the insurer, which illustrates the growing confidence of the authorities in the group's ability to do without public support, Bloomberg reported, quoting an informed source project.

In addition, ILFC, the aircraft leasing subsidiary of the group, has paid nearly four billion dollars by the Fed after raising capital from private investors, officials said Sunday close to the matter.

Closing price: 35.17 dollars.

* 3M

The U.S. industrial conglomerate could spend about two billion dollars (1.6 billion) on acquisitions this year, twice more than its previous estimate, said Monday its chief executive in an interview with Reuters.

Closing price: U.S. $ 80.66

* AIR PRODUCTS AND CHEMICALS

The share of industrial gases group could grow by 20% within a year if its offer AIRG fails or if it ends at a price less than $ 70, says Barron's in its latest edition.

The offer values currently Airgas to 63.50 dollars per share.

Closing price: 75.01 dollars.

* WASHINGTON POST

After declining in recent weeks, triggered by concerns raised by its Kaplan education subsidiary, the title is outrageously cheap, says Barron's.

Closing price: 347.68 dollars.

American International Group (AIG) publishes quarterly results better than expected and announced that he had initiated discussions to be free from state control.

The U.S. insurer, owned nearly 80% by the state since his emergency rescue in September 2008, published for the second quarter a net loss of 2.7 billion dollars (2.05 billion euros) or $ 3.96 per share, against a profit of $ 1.8 billion ($ 2.3 per share) over the corresponding period last year.

The loss resulted primarily from an impairment charge of $ 3.3 billion.

Adjusted data, AIG reports a profit of 1.3 billion dollars ($ 1.99 per share), against 1.1 billion dollar ($ 1.71 per share) a year earlier.

"The situation is quite stable," said Bill Bergman, an analyst at Morningstar. "Stabilization does not mean growth or strong growth, but it seems to take this path."

The panel also said he began talking with the New York Federal Reserve, the Treasury Department and directors of AIG Credit Facility Trust on a strategy to "enable the State to break its relationship with AIG owner" .

BOND EXCHANGE OF TITLE

On Wall Street, AIG earned under 5.2%, to 41.98 dollars around 1400 GMT, while the Dow Jones index yielded 0.2%.Since the beginning of the action took 33% while the S & P's insurance sector grew by only 7%.

The general insurance business of AIG, Chartis, posted an operating profit of $ 955 million before taking into account net realized capital gains, cons generated one billion dollars a year earlier.

Chartis had to record $ 287 million of losses from catastrophes in the quarter, including that relating to the oil spill in the Gulf of Mexico.

"There are a result of major operational and stable in general insurance business," said Bill Bergman.

SunAmerica Financial Group, a division of AIG specializes in retirement services and life insurance, for its part, recorded an operating income excluding net realized capital gains of $ 1.1 billion, against 254 million generated a year earlier.

"The results of operations of the insurance company remains strong and continues to implement its restructuring plans and to prepare its separation from the U.S. government," said AIG Chief Executive Robert Benmosche .

The latter looks to the future with AIG SunAmerica and Chartis the heart of its business.

The Life business group have generated earnings before taxes of $ 604 million while $ 314 million a year earlier.

American International Assurance (AIA), which should be introduced on the stock exchange after its failed sale to Prudential, has made the most of this result, through its investments.

AIG Financial Products, a subsidiary of derivative origin of the troubles the group in 2008, reduced the notional amount of derivatives in its portfolio of approximately 602.4 billion dollars at June 30, down 36% compared the end of 2009.

Johnson & Johnson Tuesday reported a quarterly revenue well below expectations and has revised downward its forecast of annual profit for the second time in a year due to repeated withdrawals from the market painkiller Tylenol and other group of drugs available without prescription.

By mid-session on Wall Street, the title of group care products and U.S. health yielded 2.59% to 58.02 dollars while the Dow Jones, including Johnson & Johnson is, retreated from 0 84%.

The company said in the wake of its results have received a subpoena from the attorney general's office in Philadelphia as part of its withdrawal, without saying more.

For their part, the federal prosecutor's office did not confirm or comment on this procedure.

Johnson & Johnson said that global sales of its consumer goods were down 5.4% over the second quarter to 3.6 billion dollars.

The sales performance was mainly affected by the withdrawal, on April 30 last, a forty drugs used in the treatment of benign childhood diseases.

This decision was taken following a report showing that U.S. health authorities these products had been contaminated by dust and dirt during their manufacture in the factory of J & J in Fort Washington (Pennsylvania), finally closed end April.

The withdrawal of the products involved have cut sales of approximately $ 200 million, said Chief Financial Officer Dominic Caruso during a conference call, adding that closing the plant in Fort Washington is likely to weigh up 600 million dollars in annual sales.

The total turnover of Johnson & Johnson has also been weighed down by a slowdown in sales growth of its medical tools and diagnostic instruments.

The turnover stood at 15.33 billion dollars (0.6%) while analysts on average expected 15.64 billion, according to Thomson Reuters I / B / E / S.

Net income rose to 3.45 billion dollars (2.68 billion euros), or $ 1.23 per share against 3.21 billion ($ 1.15 per share) a year ago.

Excluding items, J & J posted earnings per share of $ 1.21, a level consistent with the average forecast of analysts.

The group has now said it expects earnings per share of between 4.65 and $ 4.75 throughout the year against a previous estimate of 4.80 to 4.90 dollars.

To explain this further revision downward, Johnson & Johnson raised the closure of the plant, which is currently undergoing a costly up to standard, and the pressure existing in Europe on the prices of its prescription drugs .

The Japanese consumer confidence improved for the sixth straight month in June, reaching its highest level in almost three years, a sign of an increase in economic recovery in the archipelago.

The index measuring the sentiment of households, which reflects their views on income and employment, reached 43.5 in June, its highest since September 2007, according to figures released Tuesday by government departments. In May, the index was at 42.8.

The government has revised upwards its opinion on the mood and now believes it is oriented towards improvement.

The index remains below 50, meaning that pessimists still outnumber optimists.

Technip has been awarded two contracts with BP, the British North Sea, worth a total of about 100 million pounds (120 million euros).

The first is a contract under diving, repair and maintenance for a period of three years with two additional options of one year each, said the French specialist in oil and gas equipment in a statement.

The second is a contract engineering and installation for the development of Devenick field, located 234 km north-east of Aberdeen. It covers project management, engineering, manufacturing, installation and commissioning of several lines.

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