So activity and profits is expected to grow 27 percent this year

When the masters were reduced to imitate their students, is that they have more lessons to give than to receive. This is the case in India. The health of the local market for computer services insolent has lead Western Giants for foothold in large scale, TCS and Infosys have taken more than one step ahead. With sales and profit growth 33 and a margin of more than 25 percent last year, Infosys as the subsidiary of the giant Tata plays in the great court. So activity and profits is expected to grow 27 percent this year. With sales rose by 6 and a margin of 5 that he wishes to bring to 8 in three years, the French Capgemini generates in a year the equivalent of the quarterly earnings of Infosys. Despite the acceleration of its implementation in India, he is use in a year than one-tenth of the workforce of TCS or Infosys. If Americans EDS and IBM are out of reach of the Indians, Capgemini will be an ideal prey the day where the new maharajas of computing have decided it is time to reverse the meaning of globalization.

The rite of spring

Beautiful rule vast prairies, the grass is sometimes more green in the neighbor. World leader in the finance and American champion of the private bank, Citigroup compensates and abroad and with businesses atony of its market home. The decline of 1 of the sales of 13 of the benefit in the activities of retail in the United States and is cleared by respective progressions of 19 and 47 international. As, at the same time, the benefit of the investment bank increases 15, the pole "actions", Citigroup may have quarterly profit activities kept up 9, stifling the prognostications on stagnation. But Charles Prince, who will be crowned King today instead of Sandy Weill, knows better than anyone that really WINS, it must first be strong in its domestic market. Far from falling asleep on peripheral laurels, the new CEO will therefore strive to increase the presence of Citigroup in the US retail bank in developing its network. What does prevent him to continue its expansion abroad at the same time as shown in his insistence to take foot on the Chinese market. And even if a large acquisition is not officially on the agenda, it is clear that Citigroup has the means to play the spoilsports turn round in Europe, when he wants.

Pale pink of the morning calm

The size but also the servitude of a conglomerate is that it is rare that all indicators go in the same direction. This is particularly the case for Samsung, the form appears to be excellent or disturbing depending on whether one looks at mobile phones, memory or flat screens, and that the results of the first quarter of 2006 compared to those of a year ago or those of the previous quarter. To allow the investors to recover and show confidence in the future, the Korean giant announced a $ 2 billion share buyback program, or 2 of its market capitalization. A figure equivalent to the net profit reached during the three first months of the year and higher by 10 the result of operation (a decrease of 25). The message has been understood: stock market increased despite these disappointing performance. It is true that instead of lamenting the lost paradise reached 17 margins in mobile, a year ago, better rejoice to see them go up to 10 in the first quarter of 2006 after a fall of 8 last fall. The 2 digit level is the standard expected for the whole of the year. Similarly, if the margin of the memoirs fell from 31 to 26 in one year, the traditional Russian mountains of sector evolution lends the speech from Samsung to see the future in light pink in the second half, after the fall of the first quarter.