Technip: Full Year 2007

Regulatory News: Technip (Paris:TEC) (ISIN:FR0000131708): � � � � � � � � � � in Millions, (except EPS and E/ADS) � 4Q07 � 4Q06 � 2007 � 2006 Revenue � 2,101.2 � 1,982.3 � 7,886.5 � 6,926.5 Operating Income* - 108.0 113.8 247.0 333.2 Operating Margin* - 5.1% 5.7% 3.1% 4.8% Net Income - 97.5 63.0 126.3 200.1 EPS on a Diluted Basis (�) 1.20 1.86 E/ADS on a Diluted Basis ($) � � � � � 1.76 � 2.71 Ordinary dividend per share (�) � � � � � 1.20** � 1.05 * from recurring activities��� **Subject to shareholders� approval On February 20, 2008, Technip�s Board of Directors approved the audited full year 2007 consolidated accounts. Thierry Pilenko, Chairman and CEO, commented: "Technip ends 2007 with contrasting results but starts 2008 on surer footing and with better visibility. First, the excellent performance of the Subsea business (SURF), which achieved a record 15.8% operational margin in 2007 with four consecutive quarters of continuous improvement.


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Rail Transport 1991-2000

MRT was to organize the management of financial resources. In addition, there were plans to reduce funding of passenger transport via freight transport and switch to subsidies for separate categories of passengers. On January 29, the government approved this concept. Although it was never carried out, the concept is notable for the fact that, as was the case two years later, MRT was planning to shift the burden of passenger transport onto the shoulders of the regions.

In April, the critical financial state of the October Railway (OR) was the cause of organizational shuffles. Anatoly Zaitsev, the head of (OR), who had returned to this position in 1997 from the post of Minister of Rail Transport, was reprimanded and fired along with his deputy. A version of the story that appeared in the media claimed that there was more than just the personal enmity of Nikolai Aksenenko toward his predecessor hidden behind the feud between OR and its ministry: the story was that OR's financial interests were at cross purposes with the interests of Aksenenko's nephew, Sergei Aksenenko, who headed the Eurosib industrial and financial group.


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Integrated all your Debts

Fast life offers various luxuries at our disposal. You might have incurred a loan for financing your vacation or for buying a new car. You may have spent considerable amount paying by your credit card and forgot to deposit the dues of the card. There may be many situations in which you become defaulter unknowingly.

This is a very painful situation in which you have to pay more than one loan in a single year. The whole process seems highly complicated. Now there is a solution for this complication. You would have heard about different kinds of bank loans for various purposes. These days, banks are providing a facility using which your loan payment would become very convenient. This facility is in fact a loan, but it is a different loan which makes your life peaceful. We know it by the name of debt consolidation loans.


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1000s Looking A Cheaper Remortgage Interest Rate

Over the last few years mortgage holders have fixed their interest rates. In 2008 many fixed rates will revert to he lenders variable rate and so 1000s of will be searching for a better deal.

According to Damian Youell of http://www.remortgagesupermarket.co.uk a large percentage of mortgage holders will be shopping around, looking for a better fixed-rate deal. Unfortunately, over the last 12 months, the mortgage market has changed, whereas two or three years ago it was possible to fix your mortgage interest rate at an extremely low rate. Due to the Bank of England and the monetary policy committee increasing the base rate over the last couple of years, fixed interest rate mortgage bargains are hard to come by.

Damian went on to add that the credit crisis and the tightening up of lending criteria, will also make fixed law interest rate mortgage products.


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Mount faces loan crisis

LENOX — The president of The Mount, the historic home of famed American novelist Edith Wharton, said that Berkshire Bank is threatening "imminent foreclosure" against the Plunkett Street tourist destination but has given the organization until March 24 to raise $3 million.

Stephanie Copeland, who also serves as The Mount's CEO, said yesterday that the nonprofit missed a $30,000 scheduled mortgage payment on Feb. 11 — a first-time missed payment — and that the bank sent a certified letter putting the organization on notice.

Copeland would not provide a copy of the bank's letter, and bank officials could not be reached late yesterday to comment on the foreclosure notice.

Last April, the bank recorded a mortgage of $5.245 million against the property, reflecting an amendment and consolidation of two prior loans.


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New Report Deals with the Challenges and Opportunities That Are Being Thrown up by the Ever-Changing and Developing ...

Research and Markets (http://www.researchandmarkets.com/reports/c82754) has announced the addition of India Financial Markets Handbook 2008 to their offering.

How times change... in a little over a decade India has cleared its debts and is now ready to take on the Asian tiger economies. With the Indian growth story set to dominate, it is important to stay abreast of the dynamic changes affecting India's financial markets - from the burgeoning securitisation market to increased hedge funds activity to outsourcing and project finance, this Handbook provides you with a series of concise articles all written by key opinion formers. With an introduction from the International Monetary Fund charting the key growth catalysts and forecasting trends for 2008, this Handbook is a valuable reference source for anyone interested in the India growth story.


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Mass Media 2000-2004

During those years, television companies faced stiff competition for viewers. At present, the main TV market players are arranged in pairs in close competition with one another. The main pair of competitors are First Channel and Rossiya (these channels each have about a 20-25% audience share), followed by NTV and STS (10-12% each) and TNT and Ren TV (5-7% each). TVC and Culture (Kultura) have 3-5% each, and the remainder (Muz-TV, DTV, 7TV, and MTV) each have about 1% or less of the viewing audience.

Print media and radio also went through business concentration processes under competitive conditions. Today, the ten leading publishing houses account for nearly 60% of advertising revenues. The situation in radio is even more indicative � one Moscow market leader, Russian Media Group (Russkaya Mediagruppa)), currently controls nearly one-third of all advertising budgets.


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FARO Reports Sales Growth of 25.7% in 2007; Orders Increase 21.8% for 2007

LAKE MARY, Fla. (Map) - LAKE MARY, Fla., Feb. 13 /PRNewswire-FirstCall/ -- FARO Technologies, Inc. (Nasdaq: FARO) today announced results for the fourth quarter ended December 31, 2007. Net income for the fourth quarter was $8.4 million, or $0.50 per diluted share, an increase of $4.7 million, compared to $3.7 million, or $0.25 per diluted share, in the fourth quarter of 2006. Net income for fiscal 2007 was $18.1 million, or $1.15 per diluted share, compared to $8.2 million, or $0.56 per diluted share for fiscal 2006. Fiscal 2007 results include a charge of $2.65 million, or $0.21 per diluted share, for the estimated fines and penalties that the Company anticipates could be necessary to resolve the previously announced Foreign Corrupt Practices Act ("FCPA") matter with the U.S. Department of Justice ("DOJ") and U.S.


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Nigeria: Before the APRM Verdict

Do Nigerians need the Country Review Team of highly eminent Africans currently criss-crossing the country's territorial landscape to tell her how bad things are or the need to remedy her deficit areas and provide the enabling environment for the propagation of the ideals of development and consolidation of liberties and best practices? Here are highlights of her (Nigeria) own assessment of her foibles and frailties as documented by a team of her own assessors made up of citizens of Nigeria. Kunle Somorin reports on the 30 pitfalls that could make Nigeria fail APRM.

The frenzied publicity and reception accorded the Country Review Team of the African Peer Review Team by the political apparatchiks underscores the significance attached to the continental initiative that midwife the process of peer review of the leadership at all levels of governance in Africa.


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Earnings expectations cut despite results

EARNINGS expectations for the Australian stock market are being downgraded against the volatile backdrop of spiralling inflation and a targeted slowdown of the economy.

Midway through the first-half reporting season analysts have been surprised by the strength of the earnings, particularly from diversified industrials.

But the uncertain interest rate environment and the Reserve Bank's aim to reduce non-farm GDP growth from 4.5 per cent to 2.75 per cent is creating concern that earnings will slip.

Citigroup head of economics Paul Brennan said the bank's equities analysts had downgraded earnings growth for 2008 to 5.6 per cent, but the 2009 target had been maintained at 12.3 per cent.

"The prospect of inflation reaching close to 4 per cent and only falling back to the top of the RBA's inflation target through a material rise in unemployment is not a healthy backdrop for the equity market," he said.

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http://www.novinite.com/view_news.php?id=90355

Over the last few years mortgage holders have fixed their interest rates. In 2008 many fixed rates will revert to he lenders variable rate and so 1000s of will be searching for a better deal.

According to Damian Youell of http://www.remortgagesupermarket.co.uk a large percentage of mortgage holders will be shopping around, looking for a better fixed-rate deal. Unfortunately, over the last 12 months, the mortgage market has changed, whereas two or three years ago it was possible to fix your mortgage interest rate at an extremely low rate. Due to the Bank of England and the monetary policy committee increasing the base rate over the last couple of years, fixed interest rate mortgage bargains are hard to come by.

Damian went on to add that the credit crisis and the tightening up of lending criteria, will also make fixed law interest rate mortgage products.


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Bulgaria Consolidates Five Energy Companies into Holding

Bulgaria's government decided to set up an energy holding that will be composed of gas company Bulgargaz, power grid operator NEK, Kozloduy nuclear power plant, Maritza-Iztok II thermal power plant, and the Mini Maritza Iztok (Maritza Iztok mines). The consolidation of the five companies into the Bulgarian energy holding, one of the biggest energy companies in the region, is expected to be completed by the end of 2008. The assets of the holding will amount to EUR 4 B, its forecast annual profit is set at EUR 1,8 B. The state will hold a 100% stake in the energy holding. The Energy and Economy Ministry will hold up to 75% stake in each of the five energy companies, while the minority shares, varying from 25% to 49% will be transferred to the newly established company. The consolidation of the energy sector aims to restructure the corportate management and supervision of the companies included in the holding, prepare them for listing on local and international stock exchanges, boost their investment potential and improve their credit ratings.


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Bills.com Suggests Debt Options Whether Credit Is Good or Bad

10 ways to cope with crippling debt for any credit score.

San Mateo, CA (PRWEB) February 20, 2008 -- It's the best of times, and it can be the worst of times, when it comes to looking at consumer debt, says Bills.com co-founder and co-CEO Brad Stroh, who this week provided a host of options for consumers with any credit rating to cope with debt.

"Home foreclosures hit record levels in 2007. But even those not swept up by the wave of foreclosed mortgages can suffer from excess debt," said Stroh, whose Bills.com (www.bills.com) is a free online consumer finance portal. "The good news is no matter what the situation, a solution is available."

Stroh's suggestions for managing debt -- whether with good or bad credit -- follow.

If credit is bad:
Those who are behind on payments, have creditors calling or have given up hope of repaying debts probably realize that their credit rating is likely low and falling.

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PharMerica Reports Results for Fourth Quarter and Year-End 2007

PharMerica Corporation (NYSE: PMC), the second largest institutional pharmacy services company in the United States, today reported the results of its fourth quarter and year ended December 31, 2007.

PharMerica began trading on the New York Stock Exchange under the symbol "PMC" on August 1, 2007. The Company was created through a combination of the institutional pharmacy businesses of Kindred Healthcare, Inc. (NYSE: KND) and AmerisourceBergen Corporation (NYSE: ABC) (the "Pharmacy Transaction"). The Company's results of operations include the year-to-date historical results of Kindred Pharmacy Services, Inc. ("KPS") and the results of operations of PharMerica Long-Term Care, Inc. ("PharMerica LTC"), beginning on August 1, 2007.

In commenting on the Company's results for the fourth quarter, Gregory S.


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QPR fans give thanks a billion times over

Bernie Ecclestone does not mince his words. "One thing’s for sure," he says. "If we owe anything, we pay it back."

Ecclestone, one of the wealthiest men in sport with an estimated fortune of £2.24 billion, was not referring to his family policy on monthly credit card repayments. The Formula One impresario was alluding to the debts he inherited when, along with Flavio Briatore, another of motor racing’s more colourful characters, he took over Queens Park Rangers.

Their arrival was greeted with rapture by long-suffering fans who in recent years have seen the club teeter from one calamity to another. The subsequent arrival of an even wealthier investor – Lakshmi Mittal, reputedly the world’s fifth-richest man – consolidated a new nickname for the club.


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The N-word: What was the last nationalisation?

Northern Rock being taken into public ownership may have left you scratching your head - what was the last thing to be nationalised?

Nationalisation is a controversial concept. Even the exact definition of the term can be a complicated business.

The most-quoted example of the last nationalisation in the UK is the creation of British Aerospace - a single entity to tackle the major private American aerospace firms; and British Shipbuilders - a merger of a number of UK yards - in 1977.

But there are some who would point to other events since 1977 that have come close to being nationalisations.

The Oxford English Dictionary defines nationalise as "to bring (land, property, an industry, etc) under state control or ownership".

Under a loose interpretation of this, some might argue that the last thing to be nationalised in the UK was Railtrack.



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