| Publicis Groupe: Results for the First Half of 2007
Maurice Lvy, Chairman and CEO, presented the first half 2007 financial statements and management report to the Supervisory Board, chaired by Mrs Elisabeth Badinter, at its meeting on Tuesday, July 24, 2007. Organic growth in the second quarter and for the first half as a whole, does not reflect what Publicis Groupe (Nachrichten/Aktienkurs) has regularly achieved nor its potential. In contrast to this modest organic growth, however, all other indicators again showed improvement: new business, margin, free cash flow and level of debt. This clearly illustrates the capabilities and the potential of Publicis Groupe. Organic growth is the most frequently watched indicator, although it sometimes tends to mask the weaknesses or strengths of a company.
For the record 19 July
Colt records another profitable quarter | 3V launches mobile top-up service There was a rash of financial results on Thursday, with Citrix, Colt and Iona all releasing quarterly figures. Citrix announced year-on-year quarterly revenue growth of 21 percent, and product licence growth of 16 percent in the second quarter of 2007. Revenue for the quarter reached USD334 million, a 21 percent improvement on USD275 million a year earlier. Revenue from licence updates grew 18 percent, while online services accounted for USD52 million of revenue -- a 47 percent rise. Technical services revenue, which includes consulting, education and technical support, rose 22 percent. Meanwhile, Colt registered its fourth consecutive quarter in profit. Although revenue at the telecoms group slipped 8.8 percent to USD410 million, profit before taxation did a U-turn from a EUR9 million loss a year earlier to a profit of EUR8.9 million.
(AFX UK Focus) 2007-07-24 09:30 GMT: TFN NEWS BRIEFING: Banking and insurance highlights to 09:15 BST
2007-07-24 09:00:04 Japan's JVC, Kenwood to form capital, business alliance TOKYO (Thomson Financial) - Struggling maker of consumer electronics Victor Co of Japan Ltd (JVC), car electronics maker Kenwood Corp and the biggest shareholder in Kenwood, Sparx Group Co Ltd, agreed Tuesday to form a comprehensive capital and business alliance. 2007-07-24 08:50:19 BROKERWATCH Deutsche Boerse reiterated as 'overweight' by Morgan Stanley FRANKFURT (Thomson Financial) - Morgan Stanley reiterated its 'overweight' rating on Deutsche Boerse AG while maintaining its target price at 107 eur per share as it included the German stock operator in its best financials feature. 2007-07-24 08:27:48 BROKERWATCH AWD Holding raised to 'overweight' from 'neutral' at JP Morgan FRANKFURT (Thomson Financial) - JP Morgan upgraded its stance on AWD Holding AG to 'overweight' from 'neutral' while slightly lowering its price target to 14.40 eur per share from 15.20, according to a trader.
Work to get out of debt
DEAR BRUCE: I am 21 years old and need some serious help. I am $14,000 in debt, and it seems to be getting higher every month. Last year, I decided to go to a private tech school but dropped out after three months. Now I owe $7,800 just for that one mistake! I also spent around $4,000 last year because my cat got very ill. I also have little problems like gas, food, college and the occasional trip to the mall. I really need help. I tried to consolidate but that didn't work. I would like to get out of this mess as soon as possible so I am debt-free. I make around $1,000 a month. - C.H., via e-mail DEAR C.H.: You've reached a wonderful age and have some serious problems: You're $14,000 in debt. That's a difficult number, and, in your case, is more than a year's gross income. You say that you've made just one mistake, but the school of hard knocks has a very high tuition.
GetSmart.com Suggests Ways to Use a Home Equity Loan
A Home equity loan can be a useful, tax deductible, way to tap equity that you have accumulated in your home. As long as you borrow wisely, this may be a good resource for some much needed cash. Charlotte, N.C. (PRWEB) August 10, 2007 -- Whether you're looking to pay for a costly education, find funding to renovate your home, or cover the costs of a large unexpected expense, you might want to consider a home equity loan. Home equity loans are great alternatives to putting major expenses on a credit card, and have a much lower interest rate. A home equity loan gives the borrower a lump sum of money at a fixed interest rate, with your home used to guarantee the loan. The borrower then pays the money back in monthly installments. So when is getting a home equity loan a good idea? GetSmart.com shares some insight: College tuition
If you need access to money to finance your child's college education, a home equity loan is something you may want to consider, particularly if your child doesn't qualify for a student loan.
Student loan lessons
Karen Wons of Maryland finds herself in a quandary that is confronting many parents right now. She is struggling with how best to advise her daughter — a recent college graduate — on paying down her $25,000 in student loans. Wons did what any wise parent would do. She asked for help. Here's the back story. Wons' daughter works as a project manager at a medical software company. She has an annual salary of more than $50,000. Her employer provides a 401(k). She has about $13,000 in cash from recently redeemed Series EE savings bonds. She has no credit card debt. She has no payments on a reliable car with low mileage. She's sharing an apartment and other living expenses with an older sister in Madison, Wis. Her portion of the rent is just over $500 a month.
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