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Publicis expects third quarter 2010 well made and said he had seen the numbers "robust" in Europe and North America during July and August, told Reuters on Friday Maurice Levy.

The world's third largest advertising has also said he was still expecting a revenue organic growth above 3.5% for 2010.

In late July, when presenting the results of the first half, the number three global advertising had revised upwards its objective of raising revenue, now anticipating growth of over 3.5% against 3% previously.

"For now, the things we have in hand let me suggest that the proportion of T3 should be good," said Maurice Levy, chief executive of Publicis, the fringes of the MEDEF Summer University, about the trend in terms of income growth for the third quarter.

In the first six months of the year, the group saw its revenues increase by 5.3% in organic growth, 2.5 billion euros.

Maurice Levy has also held that the figures from Europe, North America and emerging markets were "robust".

"For now, what we saw on July and August is that the numbers are quite robust, as well as in emerging markets that are now in the jargon of Publicis, the high growth markets "said the chairman of advertising group.

Asked about the objective of revenue growth for this year, he gave no precise figure.

"We did not give any precise indication at this time. It's a bit early, it should be known about how the return will happen. And depending on the return of school, they decide s it or not to revise the figure upwards ", said Maurice Levy.

"In any case, it will be above 3.5%," he added."One has the impression that things that are seen today are a little bit better than the atmosphere.

Asked to say when the group would submit its development plan for China, he replied: "Probably in the fourth quarter."

Maurice Levy did not wish to reveal, however, the outline development plan.

Around 11:40 am, the action abandoned Publicis 0.04% to 34.05 euros.

The Sanofi-Aventis Multaq must be considered one of the main options for treating atrial fibrillation, one of the most frequent disorders of cardiac rhythm, recommended on Sunday the European Society of Cardiology (ESC).

This recommendation is a key support rider for a drug that has so far achieved only modest commercial start.

The Multaq (dronedarone) is intended to replace an older molecule, amiodarone, and has fewer risk factors than the latter, but it has generated to date that relatively weak sales in the U.S. and Europe because several studies have found limited effectiveness.

In its new recommendations on the management of atrial fibrillation (AF), ESC Multaq attributed to a Class 1 recommendation, which means it is a safer treatment option even though it may be less effective.

"Given the superior advantages in terms of safety and potential outcomes, the dronedarone might be preferable as a first option antiarrhythmic" explain the recommendations, published at the ESC congress in Stockholm.

The paper also highlights, for the first time the importance of reducing the duration of hospitalization of patients with atrial fibrillation, a result of Multaq found in a pivotal clinical trial.

The drug is not recommended for patients with severe heart weakness.

"Sanofi-Aventis is pleased with this recommendation Multaq first line in the FA, which constitutes a recognition of the extensive clinical development program of the drug and the innovative results achieved in terms of reduced hospitalizations from cardiovascular causes," said Marc Cluzel, executive vice president in charge of research and development in the pharmaceutical group, in a statement.

The marketing of Multaq was approved in the United States in July 2009 and last September in the European Union.He is considered one of the main growth potential of Sanofi for years to come, which will be marked by the patent expiry of several key products groups, which include cancer Taxotere or anticoagulant Plavix.

The Multaq could generate an annual turnover of 1.2 billion euros in 2014 according to consensus estimates of analysts by Thomson Reuters.

Deutsche Postbank reported a pretax profit above expectations in the second quarter, supported by higher interest income and lower losses in subprime, but the banking group has increased its reserves for potential losses on credit.

The chief executive, Stefan Jutte said in a statement it expected that the result does not reach the second half than the first, while ensuring that the full year will be positive.

The action took 0.64% to 25.30 euros at 8:05 GMT.

The first German retail bank by number of customers has also abandoned its goal of profitability in the medium term due to uncertainties still hang on the evolution of banking regulation.

Deutsche Postbank posted a pretax profit of 94 million euros in the second quarter, against a loss of 29 million a year earlier.Analysts had expected a profit of 77.9 million.

These results echo those reported by other retail banks such as Societe Generale, BNP Paribas and HSBC, which illustrate the recovery of the banking sector.

Earlier this year, Deutsche Postbank had said it expected a return on equity after tax of 13% over the medium term, a goal well below that of some of its rivals such as Deutsche Bank.

Deutsche Postbank has narrowly passed the stress tests that have imposed the European authorities, showing a Tier 1 ratio by 0.6 percentage point higher than the 6% threshold required under the most brutal scenario imagined by the regulator .

RESERVES INCREASE

Postbank said Wednesday that this ratio showed late June to 7.3%, a level identical to the one she posted late March.

She reiterated that she would continue to undertake the necessary measures to achieve a ratio of 9.5% by end 2012.

The net interest emerged, up 18% to 671 million euros in the second quarter, while provisions for credit losses were recorded at 175 million euros against 120 million a year ago.

Asset write-downs related to subprime mortgages fell to 174 million euros in the second quarter against 431 million a year earlier.

In late July, the group said it had an exposure of 7.9 billion euros in sovereign debt.Postbank had an exhibition of 500 million euros in loans Portuguese, Italian loans to 4.6 billion, 300 million to the Irish debt, $ 1.3 billion to 1.2 billion debt to Greek and Spanish government bonds .

The growth of manufacturing in the euro area picked up slightly in July, thanks to the dynamism of the sector in Germany, show the final results of the monthly survey Markit.

The PMI final Markit purchasing managers stood at 56.7 against a flash estimate to 56.5 and 55.6 in June

So the tenth straight month that the index is above the 50 mark that separates growth from contraction in activity.

"It seems that the improvement is reflected in the PMI in the euro area in July is almost entirely due to an acceleration of growth in Germany," said Chris Williamson, chief economist at Markit.

The component output rose to 58.7 in July, up slightly from the initial estimate of 58.3 and 57.2 higher than the figure for the month of June

The employment rose to 51.1 against 50.4 in June, the highest since May 2008, again due to improved labor market in Germany.

Motorola profit and publishes a quarterly sales above Wall Street expectations, greeted by a rise in its pre-market action.

The American group as it prepares to split into two operations in early 2011, has achieved the second-quarter earnings of $ 162 million or seven cents per share, against 26 million (one cent per share) for the same period the last year.

Excluding items, earnings per share came to nine hundred, while analysts were expecting EPS of eight hundred according to Thomson Reuters I / B / E / S.

Turnover fell to 5.414 billion dollars against 5.497 billion in the second quarter of last year, but it exceeds the market consensus, which gave 5.19 billion.

Motorola shipped 8.3 million mobile phones in April-June, 2.7 million smartphones equipped with the Android operating system developed by Google.

Analysts were expecting deliveries of 8.13 million units with 2.69 million smartphones by seven analysts polled by Reuters.

In the first quarter, Motorola had shipped 2.3 million smartphones for a total of 8.5 million handsets shipped.

The action group has risen by 3.5% in pre-market trade to $ 7.95.

The group of consumer products Reckitt Benckiser has published a net increase of 23% for the second quarter, above expectations and maintained its objectives.

The British, who announced last week its intention to purchase for 2.54 billion pounds his compatriot SSL, the makers of Scholl sandals and Durex condoms, had a net profit of 380 million pounds (455 million euros ).

Analysts surveyed by I / B / E / S expected the 363.4 million.Reckitt had said 365 million anticipated.

Reckitt said that if its takeover offer for SSL to succeed, he thought he could close the deal in the fourth quarter.

The proposed interim dividend up 16% to 50 pence.

The group said its performance was led by strong growth in developing markets and the success of new products

For the year, Reckitt, known for its detergent brands Cillit Bang and analgesic Nurofen, still expects revenues up 5% and operating profit up 10% on a comparable basis, c that is to say, at constant exchange rates and without regard to its subsidiary, Reckitt Benckiser Pharmaceuticals.

The main drug of this subsidiary is the Suboxone treatment against addiction to heroin, which has lost its exclusive license last October. Reckitt had said at the time that the profit of this product in the United States could decline by 80% with the introduction of generic competitors.

The French consumer sentiment has stabilized at a low level in July after five months of degradation, according to the monthly survey of consumer confidence survey released Thursday by the INSEE.

The summary indicator of households' opinion on the economic situation remained unchanged at -39, its lowest level since May 2009.Seventeen economists polled by Reuters on average expected a further deterioration to -40.

The survey, conducted at the time of the announcement of the proposed pension reform and measures to reduce public deficits, shows that concerns about the future national fade a bit while still fears about the labor market.

"The impact of pension reform was probably fully integrated in the June survey," Judge Dominique Barbet, economist at BNP Paribas.

The index had dropped one point to -39 in June fell to their lowest level since May 2009, bringing to nine points to fall since the beginning of the year.

CONCERNS ON UNEMPLOYMENT

In July, households' opinion on their past personal financial situation has lost two points, with a balance cons -26 to -28 in June

Their opinion about their personal financial future (-20) remained stable, as well as their views on the advisability of making major purchases (-24).

However, the outlook for living standards in France, in decline since the beginning of the year, edged with a net increase of two points

-52.

The households' opinion on the level of past life in France remained stable at a very low level, with the balance to -71 compared to an average of -40 from the inception of the survey in January 1987.

Among the balances do not count in calculating the summary indicator, that the prospects of unemployment has stabilized at a high level (69), reflecting concerns still alive.

This balance, said Insee, was increased from eight to 89 points between January 2008 and June 2009 and then fell until October. He has since remained around 65 points, well above its long-term average is 33.

The balance measures the opportunity to spare jumped eight points to 19 in July, near its historical average (20), but opinion on the ability to save has the same time lost three points to -14.

Officers at INSEE interviewed approximately 2,000 households from June 29 to July 19.The survey did not take place in August, the next issue will be published in late September.

"The numbers are consistent with the idea of a slowing of growth in the U.S. and worldwide, but not a recession in 'W'," said Nigel Gault, economist at IHS Global Insight.

Entries weekly unemployment declined in the United States during the week to July 10, at 429 000 458 000 cons (revised) the previous week, said the Labor Department, while economists had expected jobless claims averaged 450,000.

The producer prices have meanwhile fell more than expected due to lower energy costs. They fell 0.5% last month, after falling 0.3% in MayEconomists polled by Reuters had expected a decline of 0.1%.

The increase in industrial production in June was announced in the aftermath is just as a sham because it is primarily due to increased electricity production justified by the massive use of air conditioners.

This declining trend in the economy observed in June of large chance of being confirmed in July as evidenced by signs of activity around New York and Philadelphia.

The indices "Philly Fed" and "Empire State" have both signed for the sharp declines this month, the first falling to 5.1 against 8 in June, dipping to 5.08 the second month against 19.57 last.

"We are now in an economic environment in which one steps forward and one step back. We must content ourselves with a low growth for some time yet," said Howard Simons, strategist at Bianco Research.

The main indices of world stock markets should end the year at a level higher than that which is theirs now, but fears of slowing economic recovery could limit their gains in some developed countries, shows a Reuters poll.

Contrary to the previous Reuters poll predicted, most financial markets should finish the first half down.

According to the median estimates of over 300 policy makers, the second half of the year should be more favorable, while the 12-month forecasts show that places emerging markets are expected to record growing faster than that generated on Scholarships developed countries.

However, investors surveyed expect a slowdown in economic activity in coming months because of the debt crisis of the euro area that has weighed on markets in the second quarter, which remains unresolved, and austerity measures in many countries belonging to the 20 largest economies (G20).

"The risks of a crisis within the euro area remains high," warns Philip Gijsels addition of BNP Paribas Fortis Global Markets."The global economy will slow in the second half, the big question is how much."

STRENGTH OF QUARTERLY RESULTS AND RATE DOWN

However, investors believe that most world stock markets should finish the year on strong gains compared to their levels of late last year.

The Dow Jones U.S. Index and S & P 500 are expected to register increases of 11.7% and 12.6% by the end of the year, while that on June 23 they had lost 1.24% and 2 , 07% since the beginning of 2010.

In France, the CAC 40 should finish the year at 4,000 points, 3,939 points against the end of last year and 3642 points at the close Wednesday.

The quarterly results ahead of listed companies in Europe and the U.S. should be the key to recovery of markets in the second half of the year, said the investors interviewed for the survey.

Expectations of continued very low levels of interest rates by major central banks on the international balance of the year accentuate investor optimism about changing exchanges.

In this case, the European Central Bank (ECB) and Bank of England (BoE) should not increase their rates until 2011, while the Federal Reserve said it would maintain its rates at a record low for a prolonged period.

EMERGING MARKETS POSSESSING THE LIGHT

The financial centers of the largest emerging markets like Brazil, China and Russia, have experienced a turbulent start to the year, like the Shanghai Stock Exchange has lost 21.7% of its value since January .

However, strategists expect that the situation improved and anticipate an erase losses earlier this year on the second half of the year.

Investors are even predicting that emerging markets perform better than the developed countries within the first half of 2011.

The benchmark Hang Seng Stock Exchange of Hong Kong, the Russian RTS and the Brazilian Bovespa should also earn more than 20% over the next twelve months, while the BSE Sensex index India could win over 18% the same time.

"The market remains very liquid, and the rates are at historically low," said Francis Kwok Bright Smart Group.

Emerging markets are not expected to be the only ones to show a strong performance by the end of the first half of 2011, as the Australian index flagship A & P / ASX 200 and that of the Milan Stock Exchange should jump 22.8% respectively and 18.1% YoY.

"There is always a cloud associated with sovereign debt problems of Europe, which is still in my view, a significant risk to the future in terms of confidence," warns George Clapham Arnhem Investment Management.

"But in terms of recovery, at present, the market is very, very attractive," he adds.

The German car market shrank in April for the fifth consecutive month, falling 32% on a year which remains linked to the ruling of the scrappage scheme in the country.

Adjusted data the number of working days, the new car registrations fell by 10.2% compared to April 2008 before the entry into force of the support plan for the sector.

In the first four months of this year, new car sales in Germany fell 25%, show figures released Tuesday by the federation VDIK foreign carmakers.

"Initial estimates show that new orders for our members are at the same level as in April 2008, what I consider to be the first sign of spring in the car in Germany," said Volker Lange, President the VDIK, in a statement.

The budget of five billion euros allocated by Berlin to scrap bonus was exhausted from last September, causing a drop in orders weighing gradually on registrations in the months that followed.

Germany, Europe's biggest car market, is not the only country affected by this phenomenon: in France, registrations have slowed significantly in April, displaying only a 1.9% increase over one year , against 17.9% in March.

In the U.S., sales of new cars rose by about 20% last month compared to April 2009.