It is not always easy to touch its dividend dividend. The British insurer Aviva made the bitter experience, losing a third of its value in a single day of stock exchange. Far from calm investors who feverishly listens the health of all holders of large financial holdings, his choice to maintain its dividend led home a new breath of paranoia about a possible capital increase in the future. It must be said that a surplus of capital has melted by a third last year and it could even melt if the stock market continues to prick the nose. No Viva on thus for Aviva, even if the fifth global insurer won the customers. It must be said that the stock field number one British rivals serious competitors: the German giant Allianz decided to reduce its dividend to a third party, while the French champion AXA has divided his three. And as if this were not enough, Claude Bébéar launched a new diatribe against the myopia of accounting standards, saying that a capital increase is not necessary to its eyes for the group that he founded. A plateau of competitors also noted that the Vendée Globe which Aviva is one of the sponsors...
An elephant pink

Decided in the cheering of a global growth where it was enough to down to draw the treasures of the cave of Ali Baba of the emerging countries, barely two months after its celebration, the marriage of Suez and GDF faced the earthquake is known. Gérard Mestrallet, the boss of the new elephant in the Parisian place, shows that he was able to cover properly the building of the anti-crisis pigment that was missing. The synergies billion expected from the fusion of here in 2011, he superimposed an additional layer of 700 million of savings. Appearing on the bond market, the first after the bankruptcy of Lehman Brothers, and returning there on several occasions, it is collected in total about EUR 10 billion on an average cost of approximately 5. Ensuring the implementation of its programme of 30 billion investment over three years. What him to cut the circuit with the financial system even in the worst of situations that it answers all for two years. What also yesterday back color to an action whose poor performance since the beginning of the year had been forgetting the vibrant start of last year. Remains to hope that the painting will hold.
Washing machine and thermometer
It did not know that the thermometers could also fall ill. General Electric, the ex-entreprise the most admired in the world, is yet the show. Still worth nearly 400 billion dollars when Jeffrey Immelt took the head end of 2001 and 170 earlier this year, she did in weighs more than 70, its 1991 level. Held back the sea to the castles of sand with its industrial activities, after crowding the transfers and acquisitions, the successor to Jack Welch did not see the tsunami who was getting into its bad debt risks heavy financial branch. This dangerous exposure prevails in her whirlwind. Contrary to what he had promised in January, Immelt had to cut in its dividend, a first in the history of the company since 1938. To panic the American family father is, with the 9 billion it reported that an unnecessary intervention to the wave of confidence has and the likely loss of its AAA rating should follow. While the action is more than 6 dollars, Deutsche Bank evaluates the industry to $ 12 and therefore yields a negative value of 60 billion to GE Capital. All funds that would be engulfed in support would not go to the industrial branch. The inventor of the automatic washing machine and risk to make out.