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    <title type="text">Blog de l&#39;investisseur heureux</title>
    <subtitle type="text">Devenir rentier</subtitle>
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    <entry>
      <title>Achat actions : opportunités au 04/09/2010</title>
      <link rel="alternate" type="text/html" href="http://www.devenir-rentier.fr/blog/rentier/article/247/" />
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      <published>2010-09-04T06:43:27Z</published>
      <updated>2010-09-04T06:53:28Z</updated>
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        	<h3>Grandes capitalisations européennes</h3>

<div class="lettre_hebdo_secteur">consommation de base</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">consommation discrétionnaire</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">energie</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">services financiers</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 17px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=MUV2.DE">Muenchener Rueckversicherungs AG</a> | Reinsurance | Yield: <strong>5,6</strong> | Beta: <strong>0,8</strong></div> <br style="clear:both;" />Muenchener Rueckversicherungs-Gesellschaft AG (MunichRe) provides financial services. The Company offers reinsurance, insurance, and asset management services. MunichRe has subsidiaries in most major financial centers throughout the world.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=G.MI">Assicurazioni Generali SpA</a> | Multi-line Insurance | Yield: <strong>2,4</strong> | Beta: <strong>0,9</strong></div> <br style="clear:both;" />Assicurazioni Generali S.p.A. offers life and non-life insurance and reinsurance throughout the world. The Company offers life, health, accident, automobile, marine, aviation, transport, fire, general liability, and credit insurance and reinsurance.</div><div class="lettre_hebdo_secteur">santé</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 17px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=SAN.PA">Sanofi-Aventis SA</a> | Medical-Drugs | Yield: <strong>5,1</strong> | Beta: <strong>0,8</strong></div> <br style="clear:both;" />Sanofi-Aventis is a global pharmaceutical company that researches, develops and manufactures prescription pharmaceuticals and vaccines. The Company develops cardiovascular, thrombosis, metabolic disorder, central nervous system, internal medicine and oncology drugs, and vaccines.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 46px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=ROG.VX">Roche Holding AG</a> | Medical-Drugs | Yield: <strong>4,1</strong> | Beta: <strong>0,9</strong></div> <br style="clear:both;" />Roche Holding AG develops and manufactures pharmaceutical and diagnostic products. The Company produces prescription drugs in the areas of cardiovascular, infectious, autoimmune, and respiratory diseases, dermatology, metabolic disorders, oncology, transplantation, and the central nervous system.</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">matériaux de base</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">services de télécommunication</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">services aux collectivités</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=CEI.PA">Areva SA</a> | Energy-Alternate Sources | Yield: <strong>2,2</strong> | Beta: <strong>0,8</strong></div> <br style="clear:both;" />Areva SA offers technological solutions for nuclear power generation and electricity transmission and distribution. The Company also manufactures nuclear measurement equipment, transportation safety systems, along with the recycling and reprocessing of nuclear fuel.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=GAS.MC">Gas Natural <span class="caps">SDG</span> SA</a> | Gas-Distribution | Yield: <strong>6,5</strong> | Beta: <strong>0,8</strong></div> <br style="clear:both;" />Gas Natural <span class="caps">SDG</span>, S.A. distributes natural gas in Spain and Latin America. The Company also operates gas storage facilities, owns and operates a fiber optic backbone telecommunications network, markets energy management products and household gas appliances, and installs gas heating systems.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 29px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=RWE.DE"><span class="caps">RWE</span> AG</a> | Electric-Integrated | Yield: <strong>6,6</strong> | Beta: <strong>0,9</strong></div> <br style="clear:both;" /><span class="caps">RWE</span> AG generates, distributes, and trades electricity to municipal, industrial, commercial, and residential customers. The Company produces natural gas and oil, mines coal, delivers and distributes gas, and supplies drinking water. <span class="caps">RWE</span> AG operates mainly in Europe.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=EDF.PA"><span class="caps">EDF</span> SA</a> | Electric-Integrated | Yield: <strong>3,6</strong> | Beta: <strong>0,9</strong></div> <br style="clear:both;" /><span class="caps">EDF</span> SA (Electricite de France) produces, transmits, distributes, imports and exports electricity. The Company, using nuclear power, coal and gas, provides electricity for French energy consumers.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=EOAN.DE">E.ON AG</a> | Electric-Integrated | Yield: <strong>6,5</strong> | Beta: <strong>1,0</strong></div> <br style="clear:both;" />E.ON AG operates in power generation and gas production businesses. The Company&#8217;s operations include electric generation at conventional, nuclear, and renewable-source facilities; electric transmission via high-voltage wires network; regional distribution of electricity, gas, and heat; power trading and electricity, gas, and heat sales.</div><div class="lettre_hebdo_secteur">foncière cotée</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div>

<br />


	<h3>Moyennes capitalisations européennes</h3>

<div class="lettre_hebdo_secteur">consommation discrétionnaire</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 24px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=PAJ.PA">PagesJaunes Groupe</a> | Publishing-Periodicals | Yield: <strong>8,5</strong> | Beta: <strong>0,8</strong></div> <br style="clear:both;" />PagesJaunes Groupe is a publisher of printed and online directories to the general public and businesses. The Company provides services via the Internet and Minitel, allowing users to conduct their searches nationally and globally. PagesJaunes also offers website creation and hosting, marketing and geographical mapping services.</div><div class="lettre_hebdo_secteur">santé</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=IPN.PA">Ipsen SA</a> | Medical-Drugs | Yield: <strong>2,8</strong> | Beta: <strong>0,6</strong></div> <br style="clear:both;" />Ipsen SA manufactures and markets a wide range of medical drugs for targeted disease areas including oncology, endocrinology, and neuromuscular disorders.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 46px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=CLS1.DE">Celesio AG</a> | Medical-Whsle Drug Dist | Yield: <strong>3,0</strong> | Beta: <strong>0,7</strong></div> <br style="clear:both;" />Celesio AG wholesales and retails pharmaceuticals to customers in Europe. The Company wholesales pharmaceuticals, operates retail pharmacies, and provides logistics and transportation services for pharmaceuticals at local, national and European level.</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 24px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=FNC.MI">Finmeccanica SpA</a> | Aerospace/Defense | Yield: <strong>5,0</strong> | Beta: <strong>0,6</strong></div> <br style="clear:both;" />Finmeccanica SpA designs, develops, and produces a complete line of commercial and military aircraft, space systems, air defense systems and air and traffic control equipment. The Company also designs and constructs nuclear power plants, rail transportation systems, process control systems, and microprocessors.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=COB.L">Cobham <span class="caps">PLC</span></a> | Aerospace/Defense-Equip | Yield: <strong>2,8</strong> | Beta: <strong>0,7</strong></div> <br style="clear:both;" />Cobham <span class="caps">PLC</span> designs and manufactures a wide range of equipment, specialized systems and components for the aerospace, defense, energy, and electronics industries. The Company products include refuelling equipment, aviation oxygen systems, weapon system containers, and rescue and navigation lights. Cobham also operates and maintains aircraft designed for special mission flights.</div>

<br />


	<h3>Petites capitalisations européennes</h3>

<div class="lettre_hebdo_secteur">consommation de base</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=LOUP.PA"><span class="caps">LDC</span></a> | Poultry | Yield: <strong>2,8</strong> | Beta: <strong>0,5</strong></div> <br style="clear:both;" />L.D.C. SA processes and sells a wide range of specialty poultry products ranging from fresh prepackaged chicken to more elaborate prepared dishes. Those products are sold under brand names including &quot;Loue,&quot; &quot;Bresse,&quot; &quot;Landes&quot; and &quot;Le Gaulois.&quot;</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=BON.PA">Bonduelle S.C.A.</a> | Food-Misc/Diversified | Yield: <strong>2,2</strong> | Beta: <strong>0,5</strong></div> <br style="clear:both;" />Bonduelle <span class="caps">SCA</span> produces canned, frozen, and fresh vegetables for distribution in Europe. The Company markets its products under the Bonduelle, Cassegrain, and Marie Thomas brand names. Bonduelle is involved in all stages of production, from cutting and cleaning the vegetables to treatment, packaging, and distribution.</div><div class="lettre_hebdo_secteur">consommation discrétionnaire</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 29px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=CDA.PA">Cie des Alpes</a> | Resorts/Theme Parks | Yield: <strong>4,7</strong> | Beta: <strong>0,5</strong></div> <br style="clear:both;" />Compagnie des Alpes manages chair lift networks and ski slopes for ski resorts. The Company controls approximately eight subsidiaries.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 29px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=LTO.MI">Lottomatica SpA</a> | Lottery Services | Yield: <strong>6,7</strong> | Beta: <strong>0,6</strong></div> <br style="clear:both;" />Lottomatica S.p.A. manages the Lotto Game for the Italian government, and also markets games, automated services and ticketing services. Through its Games division, the Company provides systems and products for games, and hardware and software systems to support sports and horse race betting.</div><div class="lettre_hebdo_secteur">santé</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=BOI.PA">Boiron SA</a> | Medical-Drugs | Yield: <strong>2,8</strong> | Beta: <strong>0,4</strong></div> <br style="clear:both;" />Boiron SA researches, develops, and manufactures homeopathic pharmaceutical products. The Company operates worldwide either directly through subsidiaries and sales offices, or through local distributors. The main industrial and commercial facilities are located in France, elsewhere in Western Europe, and North America.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 41px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=GDS.PA">Generale de Sante SA</a> | Medical-Hospitals | Yield: <strong>11,2</strong> | Beta: <strong>0,5</strong></div> <br style="clear:both;" />Generale de Sante operates private hospitals. The Company operates hospitals in France, Italy, Portugal, and Canada.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 46px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=KORI.PA">Korian</a> | Medical-Nursing Homes | Yield: <strong>3,7</strong> | Beta: <strong>0,6</strong></div> <br style="clear:both;" />Korian operates retirement homes in France.</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 46px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=STF.PA"><span class="caps">STEF</span>-<span class="caps">TFE</span></a> | Transport-Services | Yield: <strong>2,8</strong> | Beta: <strong>0,4</strong></div> <br style="clear:both;" /><span class="caps">STEF</span>-<span class="caps">TFE</span> is involved with the transportation and logistics of products that require controlled temperatures. The Company ships fresh and frozen foods such as meat and fish. The group also distributes pharmaceuticals.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 24px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=DLAR.L">De La Rue <span class="caps">PLC</span></a> | Printing-Commercial | Yield: <strong>6,7</strong> | Beta: <strong>0,5</strong></div> <br style="clear:both;" />De La Rue plc group specializes in the supply of cash handling equipment and security products. The Company produces approximately 150 national currencies, electric transaction solutions and identity systems. Their various security items include stamps, vouchers, passports, travelers checks, drivers licenses and <span class="caps">ATM</span> mechanisms, as well as security papers, threads and tear tapes.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=BAB.L">Babcock International Group <span class="caps">PLC</span></a> | Building-Maint&amp;Service | Yield: <strong>3,7</strong> | Beta: <strong>0,5</strong></div> <br style="clear:both;" />Babcock International Group plc offers support services to public sector institutions. The Company offers facilities management, training, and support services to defense, rail transportation, marine, and other public sector organizations. Babcock serves customers in Europe, Africa, and North America.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 29px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=STS.MI">Ansaldo <span class="caps">STS</span> SpA</a> | Transport-Rail | Yield: <strong>2,7</strong> | Beta: <strong>0,6</strong></div> <br style="clear:both;" />Ansaldo <span class="caps">STS</span> SpA designs and constructs parts of, or entire, mainline and urban electrified mass transit systems.</div>

<br />


	<h3>Grandes capitalisations américaines</h3>

<div class="lettre_hebdo_secteur">consommation de base</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 29px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=WAG">Walgreen Co</a> | Retail-Drug Store | Yield: <strong>2,1</strong> | Beta: <strong>0,9</strong></div> <br style="clear:both;" />Walgreen Company operates retail drugstores that offer a wide variety of prescription and non-prescription drugs as well as general goods. The Company operates stores in the United States, the District of Columbia, Puerto Rico and Guam. Walgreen&#8217;s also offers health services, including primary and acute care, wellness, pharmacy and disease management services and health and fitness.</div><div class="lettre_hebdo_secteur">consommation discrétionnaire</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">energie</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">services financiers</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">santé</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 17px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=BAX">Baxter International Inc</a> | Medical Products | Yield: <strong>2,6</strong> | Beta: <strong>0,4</strong></div> <br style="clear:both;" />Baxter International Inc. develops, manufactures, and markets products and technologies related to hemophilia, immune disorders, infectious diseases, kidney disease, trauma and other chronic and acute medical conditions. The Company&#8217;s products are used by hospitals, kidney dialysis centers, nursing homes, rehabilitation centers, doctors&#8217; offices, and research laboratories.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=JNJ">Johnson &amp; Johnson</a> | Medical Products | Yield: <strong>3,5</strong> | Beta: <strong>0,6</strong></div> <br style="clear:both;" />Johnson &amp; Johnson manufactures health care products and provides related services for the consumer, pharmaceutical, and medical devices and diagnostics markets. The Company sells products such as skin and hair care products, acetaminophen products, pharmaceuticals, diagnostic equipment, and surgical equipment in countries located around the world.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 29px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=MDT">Medtronic Inc</a> | Medical Instruments | Yield: <strong>2,5</strong> | Beta: <strong>0,9</strong></div> <br style="clear:both;" />Medtronic, Inc. develops therapeutic and diagnostic medical products. The Company&#8217;s principal products include those for bradycardia pacing, tachyarrhythmia management, atrial fibrillation management, heart failure management, heart valve replacement, malignant and non-malignant pain, and movement disorders. Medtronic&#8217;s products are sold worldwide.</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">matériaux de base</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 17px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=NUE">Nucor Corp</a> | Steel-Producers | Yield: <strong>3,7</strong> | Beta: <strong>1,0</strong></div> <br style="clear:both;" />Nucor Corporation manufactures steel products. The Company&#8217;s products include carbon and alloy steel, steel joists, steel deck, cold finished steel, steel grinding balls, steel bearing products, and metal buildingsystems. Nucor also brokers ferrous and nonferrous metals, pig iron and <span class="caps">HBI</span>/DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap.</div><div class="lettre_hebdo_secteur">services de télécommunication</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">services aux collectivités</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">foncière cotée</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div>

<br />


	<h3>Moyennes capitalisations américaines</h3>

<div class="lettre_hebdo_secteur">services financiers</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 46px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=PBCT">People&#8217;s United Financial Inc</a> | S&amp;L/Thrifts-Eastern US | Yield: <strong>4,8</strong> | Beta: <strong>0,1</strong></div> <br style="clear:both;" />People&#8217;s United Financial Inc. is a bank holding company. The Company, through its banking subsidiary, offers a full range of financial services to individual, corporate, and municipal customers primarily in Connecticut. The Bank issues credit cards and provides brokerage and investment planning, asset management, equipment leasing, and insurance services.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=HCBK">Hudson City Bancorp Inc</a> | S&amp;L/Thrifts-Eastern US | Yield: <strong>5,0</strong> | Beta: <strong>0,6</strong></div> <br style="clear:both;" />Hudson City Bancorp, Inc. is a bank holding company. The Company, through its banking subsidiary, is a federally chartered stock savings bank that offers traditional deposit products, residential real estate mortgage loans and consumer loans. Hudson also purchase mortgages and mortgage-backed securities and other securities issued by U.S. government-sponsored enterprises.</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 46px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=HRB">H&amp;R Block Inc</a> | Commercial Serv-Finance | Yield: <strong>4,5</strong> | Beta: <strong>0,5</strong></div> <br style="clear:both;" />H&amp;R Block, Inc. provides a wide range of financial products and services through its subsidiaries. The Company provides tax services to the general public, accounting and consulting services, and consumer financial and personal productivity software. H&amp;R Block provides its tax services to clients in the United States and other countries.</div>

<br />


	<h3>Petites capitalisations américaines</h3>

<div class="lettre_hebdo_secteur">consommation de base</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=LANC">Lancaster Colony Corp</a> | Food-Misc/Diversified | Yield: <strong>2,6</strong> | Beta: <strong>0,4</strong></div> <br style="clear:both;" />Lancaster Colony Corporation is a diversified manufacturer. The Company produces and markets consumer products with a focus on specialty food products for the retail and foodservice markets. Lancaster also manufactures and markets candles for the food, drug and mass markets.</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=OMI">Owens &amp; Minor Inc</a> | Distribution/Wholesale | Yield: <strong>2,4</strong> | Beta: <strong>0,5</strong></div> <br style="clear:both;" />Owens &amp; Minor, Inc. distributes medical/surgical supplies throughout the United States. The Company&#8217;s customers include hospitals, integrated healthcare systems, and group purchasing organizations. Owens &amp; Minor also provides services in supply chain management, logistics, and technology.</div>

	<h3>Opportunités d&#8217;achat actions : remarques</h3>

	<p>Ces opportunités (opportunités et non conseils) d&#8217;achat sont issues d&#8217;un filtrage quantitatif d&#8217;après des données provenant de <a href="http://www.bloomberg.com">Bloomberg</a> et <a href="http://finance.yahoo.com">Yahoo</a>, qui peuvent comporter des erreurs, particulièrement au niveau du rendement sur dividendes.</p>

	<p>Rappelez-vous que le choix des actions n&#8217;est qu&#8217;un bout d&#8217;une stratégie patrimoniale. <a href="/blog/rentier/article/91">L&#8217;investisseur heureux</a> préconise une diversification maximale, en terme de classes d&#8217;actifs (monétaire, obligataire, immobilier, actions&#8230;), zones géographiques et secteurs.</p>
      ]]></content>
    </entry>

    <entry>
      <title>Portefeuille Patrimoine &#45; Septembre 2010</title>
      <link rel="alternate" type="text/html" href="http://www.devenir-rentier.fr/blog/rentier/article/246/" />
      <id>tag:devenir-rentier.fr,2010:http://www.devenir-rentier.fr/blog/rentier/article/246/</id>
      <published>2010-09-01T10:41:45Z</published>
      <updated>2010-09-01T11:50:46Z</updated>
      <author>
            <name>L'investisseur heureux</name>
            <uri>http://www.devenir-rentier.fr/blog/</uri>      </author>

      <categorie term="Portefeuille"
        scheme="http://www.devenir-rentier.fr/blog/rentier/categorie/C20/"
        label="Portefeuille" />
      <content type="html"><![CDATA[
        	<p>La performance en août est positive avec une hausse de 0,80%.</p>

	<p>Mon épargne mensuelle a été investie ce mois-ci en obligataire et en monétaire. Je souhaitais aussi renforcer Baxter International, mais sans déséquilibrer mon allocation d&#8217;actifs, donc j&#8217;ai arbitré avec Scottish and Southern Energy, que j&#8217;avais achetée hâtivement alors qu&#8217;elle ne répondait pas à la logique internationnale du portefeuille.</p>

	<p>Pour septembre 2010, je rentrerai peut-être sur Exxon Mobil ou Johnson &amp; Johnson si elles restent sur ce niveau de cours. Par contre, je pense faire une pause dans le renforcement de la poche obligataire : actuellement je suis à 35% en obligations (dans des fonds Euros en assurance-vie) et 10% en monétaires (via des livrets). Il y a plusieurs d&#8217;incertitudes sur les fonds euros et l&#8217;assurance-vie, en particulier des modifications fiscales à attendre. Dans cette attente, il paraît sage d&#8217;aller temporairement sur les livrets plutôt que les fonds Euros pour mon épargne mensuelle.</p>

	<h4>01/09/2010</h4>

	<p>Voici l&#8217;allocation stratégique, sectorielle et opérationnelle actuelle.</p>

	<p>Le secteur du tabac est volontairement isolé des biens de consommation non durables.</p>

<p style="text-align: center;">
<a class="entry_img_href" href="/images/investir/portefeuille/allocation_strategique_20100901.gif"><img src="/images/sized/images/investir/portefeuille/allocation_strategique_20100901-544x372.gif" width="544" height="372"  alt="" /></a><br />
<a class="entry_img_href" href="/images/investir/portefeuille/allocation_sectorielle_actions_20100901.gif"><img src="/images/sized/images/investir/portefeuille/allocation_sectorielle_actions_20100901-560x439.gif" width="560" height="438"  alt="" /></a><br />
<a class="entry_img_href" href="/images/investir/portefeuille/allocation_operationnelle_actions_20100901.gif"><img src="/images/sized/images/investir/portefeuille/allocation_operationnelle_actions_20100901-560x244.gif" width="560" height="244"  alt="" /></a><br />
<a class="entry_img_href" href="/images/investir/portefeuille/allocation_sectorielle_immobilier_20100901.gif"><img src="/images/sized/images/investir/portefeuille/allocation_sectorielle_immobilier_20100901-519x459.gif" width="519" height="459"  alt="" /></a><br />
<a class="entry_img_href" href="/images/investir/portefeuille/allocation_operationnelle_immobilier_20100901.gif"><img src="/images/sized/images/investir/portefeuille/allocation_operationnelle_immobilier_20100901-560x130.gif" width="560" height="129"  alt="" /></a><br />
</p>

	<h4>Evolution de la valeur de la part</h4>

	<p>Cette performance doit se comparer avec un fond mixte international prudent. Tous les dividendes sont réinvestis après prélèvements sociaux.</p>

<p style="text-align: center;">
<a class="entry_img_href" href="/images/investir/portefeuille/performance_mensuelle_20100901.gif"><img src="/images/sized/images/investir/portefeuille/performance_mensuelle_20100901-560x383.gif" width="560" height="382"  alt="" /></a><br />
<a class="entry_img_href" href="/images/investir/portefeuille/valeur_part_20100901.gif"><img src="/images/sized/images/investir/portefeuille/valeur_part_20100901-560x445.gif" width="560" height="444"  alt="" /></a><br />
</p>

	<p>Le 93% de prédictibilité correspond au coefficient de détermination. Cela veut dire que jusqu&#8217;ici, le portefeuille a eu une évolution proche de la linéarité (en ligne droite).</p>
      ]]></content>
    </entry>

    <entry>
      <title>Achat actions : opportunités au 28/08/2010</title>
      <link rel="alternate" type="text/html" href="http://www.devenir-rentier.fr/blog/rentier/article/245/" />
      <id>tag:devenir-rentier.fr,2010:http://www.devenir-rentier.fr/blog/rentier/article/245/</id>
      <published>2010-08-28T07:46:22Z</published>
      <updated>2010-08-28T08:16:23Z</updated>
      <author>
            <name>L'investisseur heureux</name>
            <uri>http://www.devenir-rentier.fr/blog/</uri>      </author>

      <categorie term="Actions"
        scheme="http://www.devenir-rentier.fr/blog/rentier/categorie/C13/"
        label="Actions" />
      <content type="html"><![CDATA[
        	<h3>Grandes capitalisations européennes</h3>

<div class="lettre_hebdo_secteur">consommation de base</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">consommation discrétionnaire</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">energie</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 29px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=FP.PA">Total SA</a> | Oil Comp-Integrated | Yield: <strong>6,2</strong> | Beta: <strong>1,0</strong></div> <br style="clear:both;" />Total SA explores for, produces, refines, transports, and markets oil and natural gas. The Company also operates a chemical division which produces polypropylene, polyethylene, polystyrene, rubber, paint, ink, adhesives, and resins. Total operates gasoline filling stations in Europe, the United States, and Africa.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=BP.L">BP <span class="caps">PLC</span></a> | Oil Comp-Integrated | Yield: <strong>5,0</strong> | Beta: <strong>1,0</strong></div> <br style="clear:both;" />BP plc is an oil and petrochemicals company. The Company explores for and produces oil and natural gas, refines, markets, and supplies petroleum products, generates solar energy, and manufactures and markets chemicals. BP&#8217;s chemicals include terephthalic acid, acetic acid, acrylonitrile, ethylene and polyethylene.</div><div class="lettre_hebdo_secteur">services financiers</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 24px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=MUV2.DE">Muenchener Rueckversicherungs AG</a> | Reinsurance | Yield: <strong>5,7</strong> | Beta: <strong>0,8</strong></div> <br style="clear:both;" />Muenchener Rueckversicherungs-Gesellschaft AG (MunichRe) provides financial services. The Company offers reinsurance, insurance, and asset management services. MunichRe has subsidiaries in most major financial centers throughout the world.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=G.MI">Assicurazioni Generali SpA</a> | Multi-line Insurance | Yield: <strong>2,4</strong> | Beta: <strong>0,9</strong></div> <br style="clear:both;" />Assicurazioni Generali S.p.A. offers life and non-life insurance and reinsurance throughout the world. The Company offers life, health, accident, automobile, marine, aviation, transport, fire, general liability, and credit insurance and reinsurance.</div><div class="lettre_hebdo_secteur">santé</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 41px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=SAN.PA">Sanofi-Aventis SA</a> | Medical-Drugs | Yield: <strong>5,3</strong> | Beta: <strong>0,8</strong></div> <br style="clear:both;" />Sanofi-Aventis is a global pharmaceutical company that researches, develops and manufactures prescription pharmaceuticals and vaccines. The Company develops cardiovascular, thrombosis, metabolic disorder, central nervous system, internal medicine and oncology drugs, and vaccines.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 53px; background-image: url(/images/investir/layout/5_star_vert.gif);">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=ROG.VX">Roche Holding AG</a> | Medical-Drugs | Yield: <strong>4,1</strong> | Beta: <strong>0,9</strong></div> <br style="clear:both;" />Roche Holding AG develops and manufactures pharmaceutical and diagnostic products. The Company produces prescription drugs in the areas of cardiovascular, infectious, autoimmune, and respiratory diseases, dermatology, metabolic disorders, oncology, transplantation, and the central nervous system.</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 58px; background-image: url(/images/investir/layout/5_star_vert.gif);">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=BA.L"><span class="caps">BAE</span> Systems <span class="caps">PLC</span></a> | Aerospace/Defense | Yield: <strong>6,0</strong> | Beta: <strong>0,8</strong></div> <br style="clear:both;" /><span class="caps">BAE</span> Systems plc develops, delivers, and supports advanced defense and aerospace systems. The Group manufactures military aircraft, surface ships, submarines, radar, avionics, communications, electronics, and guided weapon systems. <span class="caps">BAE</span> Systems services clients located throughout the world.</div><div class="lettre_hebdo_secteur">matériaux de base</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 17px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=SYNN.VX">Syngenta AG</a> | Agricultural Chemicals | Yield: <strong>2,5</strong> | Beta: <strong>0,8</strong></div> <br style="clear:both;" />Syngenta AG produces crop protection products and seeds. The Company produces herbicides, insecticides and fungicides, and seeds for field crops, vegetables, and flowers.</div><div class="lettre_hebdo_secteur">services de télécommunication</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">services aux collectivités</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 24px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=CEI.PA">Areva SA</a> | Energy-Alternate Sources | Yield: <strong>2,2</strong> | Beta: <strong>0,8</strong></div> <br style="clear:both;" />Areva SA offers technological solutions for nuclear power generation and electricity transmission and distribution. The Company also manufactures nuclear measurement equipment, transportation safety systems, along with the recycling and reprocessing of nuclear fuel.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=GAS.MC">Gas Natural <span class="caps">SDG</span> SA</a> | Gas-Distribution | Yield: <strong>6,7</strong> | Beta: <strong>0,8</strong></div> <br style="clear:both;" />Gas Natural <span class="caps">SDG</span>, S.A. distributes natural gas in Spain and Latin America. The Company also operates gas storage facilities, owns and operates a fiber optic backbone telecommunications network, markets energy management products and household gas appliances, and installs gas heating systems.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 46px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=RWE.DE"><span class="caps">RWE</span> AG</a> | Electric-Integrated | Yield: <strong>6,7</strong> | Beta: <strong>0,9</strong></div> <br style="clear:both;" /><span class="caps">RWE</span> AG generates, distributes, and trades electricity to municipal, industrial, commercial, and residential customers. The Company produces natural gas and oil, mines coal, delivers and distributes gas, and supplies drinking water. <span class="caps">RWE</span> AG operates mainly in Europe.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=EDF.PA"><span class="caps">EDF</span> SA</a> | Electric-Integrated | Yield: <strong>3,6</strong> | Beta: <strong>0,9</strong></div> <br style="clear:both;" /><span class="caps">EDF</span> SA (Electricite de France) produces, transmits, distributes, imports and exports electricity. The Company, using nuclear power, coal and gas, provides electricity for French energy consumers.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=GSZ.PA"><span class="caps">GDF</span> Suez</a> | Electric-Integrated | Yield: <strong>6,0</strong> | Beta: <strong>0,9</strong></div> <br style="clear:both;" /><span class="caps">GDF</span> Suez offers a full range of electricity, gas and associated energy and environment services throughout the world. The Company produces, trades, transports, stores and distributes natural gas, and offers energy management and climatic and thermal engineering services.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 41px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=EOAN.DE">E.ON AG</a> | Electric-Integrated | Yield: <strong>6,7</strong> | Beta: <strong>1,0</strong></div> <br style="clear:both;" />E.ON AG operates in power generation and gas production businesses. The Company&#8217;s operations include electric generation at conventional, nuclear, and renewable-source facilities; electric transmission via high-voltage wires network; regional distribution of electricity, gas, and heat; power trading and electricity, gas, and heat sales.</div><div class="lettre_hebdo_secteur">foncière cotée</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div>

<br />


	<h3>Moyennes capitalisations européennes</h3>

<div class="lettre_hebdo_secteur">consommation de base</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=SZU.DE">Suedzucker AG</a> | Sugar | Yield: <strong>3,2</strong> | Beta: <strong>0,8</strong></div> <br style="clear:both;" />Suedzucker AG manufactures and markets sugar, artificial sweeteners, starch, and bakery additives. The Company sells its products through its subsidiaries in Germany and other European countries.</div><div class="lettre_hebdo_secteur">consommation discrétionnaire</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 53px; background-image: url(/images/investir/layout/5_star_vert.gif);">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=PAJ.PA">PagesJaunes Groupe</a> | Publishing-Periodicals | Yield: <strong>8,8</strong> | Beta: <strong>0,8</strong></div> <br style="clear:both;" />PagesJaunes Groupe is a publisher of printed and online directories to the general public and businesses. The Company provides services via the Internet and Minitel, allowing users to conduct their searches nationally and globally. PagesJaunes also offers website creation and hosting, marketing and geographical mapping services.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=MS.MI">Mediaset SpA</a> | Television | Yield: <strong>4,6</strong> | Beta: <strong>0,8</strong></div> <br style="clear:both;" />Mediaset S.p.A. operates television broadcasting, television production, signal broadcasting management, and music production businesses. The Company owns and operates Italian television stations Canale 5, Italia 1, and Retequattro. Mediaset also produces and markets music record albums, sells advertising time, and operates Internet portals and a library of television rights.</div><div class="lettre_hebdo_secteur">santé</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=IPN.PA">Ipsen SA</a> | Medical-Drugs | Yield: <strong>2,7</strong> | Beta: <strong>0,6</strong></div> <br style="clear:both;" />Ipsen SA manufactures and markets a wide range of medical drugs for targeted disease areas including oncology, endocrinology, and neuromuscular disorders.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 58px; background-image: url(/images/investir/layout/5_star_vert.gif);">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=CLS1.DE">Celesio AG</a> | Medical-Whsle Drug Dist | Yield: <strong>3,1</strong> | Beta: <strong>0,7</strong></div> <br style="clear:both;" />Celesio AG wholesales and retails pharmaceuticals to customers in Europe. The Company wholesales pharmaceuticals, operates retail pharmacies, and provides logistics and transportation services for pharmaceuticals at local, national and European level.</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 53px; background-image: url(/images/investir/layout/5_star_vert.gif);">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=FNC.MI">Finmeccanica SpA</a> | Aerospace/Defense | Yield: <strong>5,2</strong> | Beta: <strong>0,6</strong></div> <br style="clear:both;" />Finmeccanica SpA designs, develops, and produces a complete line of commercial and military aircraft, space systems, air defense systems and air and traffic control equipment. The Company also designs and constructs nuclear power plants, rail transportation systems, process control systems, and microprocessors.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=CPI.L">Capita Group <span class="caps">PLC</span>/The</a> | Human Resources | Yield: <strong>2,7</strong> | Beta: <strong>0,7</strong></div> <br style="clear:both;" />Capita Group Plc provides an integrated range of services across the United Kindgom&#8217;s public and private sectors. The Group provides customer services, human resource services, software services, systems and strategic support, and property services.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 24px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=COB.L">Cobham <span class="caps">PLC</span></a> | Aerospace/Defense-Equip | Yield: <strong>2,9</strong> | Beta: <strong>0,7</strong></div> <br style="clear:both;" />Cobham <span class="caps">PLC</span> designs and manufactures a wide range of equipment, specialized systems and components for the aerospace, defense, energy, and electronics industries. The Company products include refuelling equipment, aviation oxygen systems, weapon system containers, and rescue and navigation lights. Cobham also operates and maintains aircraft designed for special mission flights.</div>

<br />


	<h3>Petites capitalisations européennes</h3>

<div class="lettre_hebdo_secteur">consommation de base</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 24px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=LOUP.PA"><span class="caps">LDC</span></a> | Poultry | Yield: <strong>2,9</strong> | Beta: <strong>0,5</strong></div> <br style="clear:both;" />L.D.C. SA processes and sells a wide range of specialty poultry products ranging from fresh prepackaged chicken to more elaborate prepared dishes. Those products are sold under brand names including &quot;Loue,&quot; &quot;Bresse,&quot; &quot;Landes&quot; and &quot;Le Gaulois.&quot;</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 29px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=BON.PA">Bonduelle S.C.A.</a> | Food-Misc/Diversified | Yield: <strong>2,3</strong> | Beta: <strong>0,5</strong></div> <br style="clear:both;" />Bonduelle <span class="caps">SCA</span> produces canned, frozen, and fresh vegetables for distribution in Europe. The Company markets its products under the Bonduelle, Cassegrain, and Marie Thomas brand names. Bonduelle is involved in all stages of production, from cutting and cleaning the vegetables to treatment, packaging, and distribution.</div><div class="lettre_hebdo_secteur">consommation discrétionnaire</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 29px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=CDA.PA">Cie des Alpes</a> | Resorts/Theme Parks | Yield: <strong>4,7</strong> | Beta: <strong>0,5</strong></div> <br style="clear:both;" />Compagnie des Alpes manages chair lift networks and ski slopes for ski resorts. The Company controls approximately eight subsidiaries.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 24px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=LTO.MI">Lottomatica SpA</a> | Lottery Services | Yield: <strong>6,9</strong> | Beta: <strong>0,6</strong></div> <br style="clear:both;" />Lottomatica S.p.A. manages the Lotto Game for the Italian government, and also markets games, automated services and ticketing services. Through its Games division, the Company provides systems and products for games, and hardware and software systems to support sports and horse race betting.</div><div class="lettre_hebdo_secteur">santé</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 58px; background-image: url(/images/investir/layout/5_star_vert.gif);">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=GDS.PA">Generale de Sante SA</a> | Medical-Hospitals | Yield: <strong>11,4</strong> | Beta: <strong>0,5</strong></div> <br style="clear:both;" />Generale de Sante operates private hospitals. The Company operates hospitals in France, Italy, Portugal, and Canada.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 53px; background-image: url(/images/investir/layout/5_star_vert.gif);">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=KORI.PA">Korian</a> | Medical-Nursing Homes | Yield: <strong>3,7</strong> | Beta: <strong>0,6</strong></div> <br style="clear:both;" />Korian operates retirement homes in France.</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=STF.PA"><span class="caps">STEF</span>-<span class="caps">TFE</span></a> | Transport-Services | Yield: <strong>2,7</strong> | Beta: <strong>0,4</strong></div> <br style="clear:both;" /><span class="caps">STEF</span>-<span class="caps">TFE</span> is involved with the transportation and logistics of products that require controlled temperatures. The Company ships fresh and frozen foods such as meat and fish. The group also distributes pharmaceuticals.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 24px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=DLAR.L">De La Rue <span class="caps">PLC</span></a> | Printing-Commercial | Yield: <strong>6,7</strong> | Beta: <strong>0,5</strong></div> <br style="clear:both;" />De La Rue plc group specializes in the supply of cash handling equipment and security products. The Company produces approximately 150 national currencies, electric transaction solutions and identity systems. Their various security items include stamps, vouchers, passports, travelers checks, drivers licenses and <span class="caps">ATM</span> mechanisms, as well as security papers, threads and tear tapes.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 24px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=BAB.L">Babcock International Group <span class="caps">PLC</span></a> | Building-Maint&amp;Service | Yield: <strong>3,9</strong> | Beta: <strong>0,5</strong></div> <br style="clear:both;" />Babcock International Group plc offers support services to public sector institutions. The Company offers facilities management, training, and support services to defense, rail transportation, marine, and other public sector organizations. Babcock serves customers in Europe, Africa, and North America.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 46px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=STS.MI">Ansaldo <span class="caps">STS</span> SpA</a> | Transport-Rail | Yield: <strong>2,8</strong> | Beta: <strong>0,6</strong></div> <br style="clear:both;" />Ansaldo <span class="caps">STS</span> SpA designs and constructs parts of, or entire, mainline and urban electrified mass transit systems.</div>

<br />


	<h3>Grandes capitalisations américaines</h3>

<div class="lettre_hebdo_secteur">consommation de base</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=CL">Colgate-Palmolive Co</a> | Cosmetics&amp;Toiletries | Yield: <strong>2,6</strong> | Beta: <strong>0,5</strong></div> <br style="clear:both;" />Colgate-Palmolive Company is a consumer products company that markets its products throughout the world. The Company&#8217;s products include toothpaste, toothbrushes, shampoos, deodorants, bar and liquid soaps, dishwashing liquid, and laundry products, as well as pet nutrition products for cats and dogs.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 46px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=WAG">Walgreen Co</a> | Retail-Drug Store | Yield: <strong>2,2</strong> | Beta: <strong>0,9</strong></div> <br style="clear:both;" />Walgreen Company operates retail drugstores that offer a wide variety of prescription and non-prescription drugs as well as general goods. The Company operates stores in the United States, the District of Columbia, Puerto Rico and Guam. Walgreen&#8217;s also offers health services, including primary and acute care, wellness, pharmacy and disease management services and health and fitness.</div><div class="lettre_hebdo_secteur">consommation discrétionnaire</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">energie</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 17px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=XOM">Exxon Mobil Corp</a> | Oil Comp-Integrated | Yield: <strong>2,9</strong> | Beta: <strong>0,4</strong></div> <br style="clear:both;" />Exxon Mobil Corporation operates petroleum and petrochemicals businesses on a worldwide basis. The Company&#8217;s operations include exploration and production of oil and gas, electric power generation, and coal and minerals operations. Exxon Mobil also manufactures and markets fuels, lubricants, and chemicals.</div><div class="lettre_hebdo_secteur">services financiers</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">santé</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=BAX">Baxter International Inc</a> | Medical Products | Yield: <strong>2,6</strong> | Beta: <strong>0,4</strong></div> <br style="clear:both;" />Baxter International Inc. develops, manufactures, and markets products and technologies related to hemophilia, immune disorders, infectious diseases, kidney disease, trauma and other chronic and acute medical conditions. The Company&#8217;s products are used by hospitals, kidney dialysis centers, nursing homes, rehabilitation centers, doctors&#8217; offices, and research laboratories.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=BDX">Becton Dickinson and Co</a> | Medical Products | Yield: <strong>2,1</strong> | Beta: <strong>0,6</strong></div> <br style="clear:both;" />Becton, Dickinson and Company manufactures and sells a variety of medical supplies and devices and diagnostic systems. The Company&#8217;s products are used by health care professionals, medical research institutions, and the general public. Becton&#8217;s products are marketed worldwide.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 41px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=JNJ">Johnson &amp; Johnson</a> | Medical Products | Yield: <strong>3,6</strong> | Beta: <strong>0,6</strong></div> <br style="clear:both;" />Johnson &amp; Johnson manufactures health care products and provides related services for the consumer, pharmaceutical, and medical devices and diagnostics markets. The Company sells products such as skin and hair care products, acetaminophen products, pharmaceuticals, diagnostic equipment, and surgical equipment in countries located around the world.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 24px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=MDT">Medtronic Inc</a> | Medical Instruments | Yield: <strong>2,6</strong> | Beta: <strong>0,8</strong></div> <br style="clear:both;" />Medtronic, Inc. develops therapeutic and diagnostic medical products. The Company&#8217;s principal products include those for bradycardia pacing, tachyarrhythmia management, atrial fibrillation management, heart failure management, heart valve replacement, malignant and non-malignant pain, and movement disorders. Medtronic&#8217;s products are sold worldwide.</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">matériaux de base</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 24px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=NUE">Nucor Corp</a> | Steel-Producers | Yield: <strong>3,8</strong> | Beta: <strong>1,0</strong></div> <br style="clear:both;" />Nucor Corporation manufactures steel products. The Company&#8217;s products include carbon and alloy steel, steel joists, steel deck, cold finished steel, steel grinding balls, steel bearing products, and metal buildingsystems. Nucor also brokers ferrous and nonferrous metals, pig iron and <span class="caps">HBI</span>/DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap.</div><div class="lettre_hebdo_secteur">services de télécommunication</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">services aux collectivités</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=FE">FirstEnergy Corp</a> | Electric-Integrated | Yield: <strong>6,0</strong> | Beta: <strong>0,5</strong></div> <br style="clear:both;" />FirstEnergy Corp. is a public utility holding company. The Company&#8217;s subsidiaries and affiliates are involved in the generation, transmission and distribution of electricity, exploration and production of oil and natural gas, transmission and marketing of natural gas, and energy management and other energy-related services.</div><div class="lettre_hebdo_secteur">foncière cotée</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div>

<br />


	<h3>Moyennes capitalisations américaines</h3>

<div class="lettre_hebdo_secteur">services financiers</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 53px; background-image: url(/images/investir/layout/5_star_vert.gif);">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=PBCT">People&#8217;s United Financial Inc</a> | S&amp;L/Thrifts-Eastern US | Yield: <strong>4,8</strong> | Beta: <strong>0,1</strong></div> <br style="clear:both;" />People&#8217;s United Financial Inc. is a bank holding company. The Company, through its banking subsidiary, offers a full range of financial services to individual, corporate, and municipal customers primarily in Connecticut. The Bank issues credit cards and provides brokerage and investment planning, asset management, equipment leasing, and insurance services.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 41px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=HCBK">Hudson City Bancorp Inc</a> | S&amp;L/Thrifts-Eastern US | Yield: <strong>5,2</strong> | Beta: <strong>0,6</strong></div> <br style="clear:both;" />Hudson City Bancorp, Inc. is a bank holding company. The Company, through its banking subsidiary, is a federally chartered stock savings bank that offers traditional deposit products, residential real estate mortgage loans and consumer loans. Hudson also purchase mortgages and mortgage-backed securities and other securities issued by U.S. government-sponsored enterprises.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=FII">Federated Investors Inc</a> | Invest Mgmnt/Advis Serv | Yield: <strong>10,5</strong> | Beta: <strong>0,7</strong></div> <br style="clear:both;" />Federated Investors, Inc. provides investment management products and related financial services. The Company sponsors, markets and provides investment-related services to various investment products, including mutual funds and Separate Accounts (which include separately managed accounts, institutional accounts, sub-advised funds and other managed products).</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 53px; background-image: url(/images/investir/layout/5_star_vert.gif);">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=HRB">H&amp;R Block Inc</a> | Commercial Serv-Finance | Yield: <strong>4,4</strong> | Beta: <strong>0,5</strong></div> <br style="clear:both;" />H&amp;R Block, Inc. provides a wide range of financial products and services through its subsidiaries. The Company provides tax services to the general public, accounting and consulting services, and consumer financial and personal productivity software. H&amp;R Block provides its tax services to clients in the United States and other countries.</div><div class="lettre_hebdo_secteur">services aux collectivités</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 29px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=NFG">National Fuel Gas Co</a> | Gas-Distribution | Yield: <strong>3,0</strong> | Beta: <strong>0,8</strong></div> <br style="clear:both;" />National Fuel Gas Company is an integrated natural gas company with operations in all segments of the natural gas industry, including utility, pipeline and storage, exploration and production, and marketing operations. The Company operates across the United States.</div>

<br />


	<h3>Petites capitalisations américaines</h3>

<div class="lettre_hebdo_secteur">consommation de base</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=LANC">Lancaster Colony Corp</a> | Food-Misc/Diversified | Yield: <strong>2,5</strong> | Beta: <strong>0,3</strong></div> <br style="clear:both;" />Lancaster Colony Corporation is a diversified manufacturer. The Company produces and markets consumer products with a focus on specialty food products for the retail and foodservice markets. Lancaster also manufactures and markets candles for the food, drug and mass markets.</div><div class="lettre_hebdo_secteur">services financiers</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 17px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=FFIN">First Financial Bankshares Inc</a> | Commer Banks-Central US | Yield: <strong>3,0</strong> | Beta: <strong>0,4</strong></div> <br style="clear:both;" />First Financial Bankshares, Inc. is a multi-bank holding company. The Company operates several banks located in Texas. The Banks accept deposits, originate loans, transmit funds, and perform other banking services.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 46px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=PRSP">Prosperity Bancshares Inc</a> | Commer Banks-Central US | Yield: <strong>2,0</strong> | Beta: <strong>0,5</strong></div> <br style="clear:both;" />Prosperity Bancshares, Inc. is the holding company for Prosperity Bank. The Bank attracts deposits from the general public and uses those funds to originate a variety of commercial and consumer loans. Prosperity Bank operates in the greater Houston metropolitan area and neighboring counties in Texas.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 29px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=BANF">Bancfirst Corp</a> | Commer Banks-Central US | Yield: <strong>2,5</strong> | Beta: <strong>0,6</strong></div> <br style="clear:both;" />BancFirst Corporation is a bank holding company owning or controlling one or more banks.</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=OMI">Owens &amp; Minor Inc</a> | Distribution/Wholesale | Yield: <strong>2,5</strong> | Beta: <strong>0,5</strong></div> <br style="clear:both;" />Owens &amp; Minor, Inc. distributes medical/surgical supplies throughout the United States. The Company&#8217;s customers include hospitals, integrated healthcare systems, and group purchasing organizations. Owens &amp; Minor also provides services in supply chain management, logistics, and technology.</div><div class="lettre_hebdo_secteur">services aux collectivités</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=CWT">California Water Service Group</a> | Water | Yield: <strong>3,4</strong> | Beta: <strong>0,3</strong></div> <br style="clear:both;" />California Water Service Group is the parent company of several water utility companies. The Company provides regulated and nonregulated water utility services to customers in California, New Mexico, and Washington.</div>

	<h3>Opportunités d&#8217;achat actions : remarques</h3>

	<p>Ces opportunités (opportunités et non conseils) d&#8217;achat sont issues d&#8217;un filtrage quantitatif d&#8217;après des données provenant de <a href="http://www.bloomberg.com">Bloomberg</a> et <a href="http://finance.yahoo.com">Yahoo</a>, qui peuvent comporter des erreurs, particulièrement au niveau du rendement sur dividendes.</p>

	<p>Rappelez-vous que le choix des actions n&#8217;est qu&#8217;un bout d&#8217;une stratégie patrimoniale. <a href="/blog/rentier/article/91">L&#8217;investisseur heureux</a> préconise une diversification maximale, en terme de classes d&#8217;actifs (monétaire, obligataire, immobilier, actions&#8230;), zones géographiques et secteurs.</p>
      ]]></content>
    </entry>

    <entry>
      <title>Achat actions : opportunités au 20/08/2010</title>
      <link rel="alternate" type="text/html" href="http://www.devenir-rentier.fr/blog/rentier/article/244/" />
      <id>tag:devenir-rentier.fr,2010:http://www.devenir-rentier.fr/blog/rentier/article/244/</id>
      <published>2010-08-20T06:04:48Z</published>
      <updated>2010-08-20T06:08:49Z</updated>
      <author>
            <name>L'investisseur heureux</name>
            <uri>http://www.devenir-rentier.fr/blog/</uri>      </author>

      <categorie term="Actions"
        scheme="http://www.devenir-rentier.fr/blog/rentier/categorie/C13/"
        label="Actions" />
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        	<h3>Grandes capitalisations européennes</h3>

<div class="lettre_hebdo_secteur">consommation de base</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=ULVR.L">Unilever <span class="caps">PLC</span></a> | Food-Misc/Diversified | Yield: <strong>5,0</strong> | Beta: <strong>0,7</strong></div> <br style="clear:both;" />Unilever <span class="caps">PLC</span> manufactures branded and packaged consumer goods, including food, detergents, fragrances, home and personal care products.</div><div class="lettre_hebdo_secteur">consommation discrétionnaire</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">energie</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=FP.PA">Total SA</a> | Oil Comp-Integrated | Yield: <strong>6,0</strong> | Beta: <strong>1,0</strong></div> <br style="clear:both;" />Total SA explores for, produces, refines, transports, and markets oil and natural gas. The Company also operates a chemical division which produces polypropylene, polyethylene, polystyrene, rubber, paint, ink, adhesives, and resins. Total operates gasoline filling stations in Europe, the United States, and Africa.</div><div class="lettre_hebdo_secteur">services financiers</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=MUV2.DE">Muenchener Rueckversicherungs AG</a> | Reinsurance | Yield: <strong>5,5</strong> | Beta: <strong>0,8</strong></div> <br style="clear:both;" />Muenchener Rueckversicherungs-Gesellschaft AG (MunichRe) provides financial services. The Company offers reinsurance, insurance, and asset management services. MunichRe has subsidiaries in most major financial centers throughout the world.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 17px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=G.MI">Assicurazioni Generali SpA</a> | Multi-line Insurance | Yield: <strong>2,4</strong> | Beta: <strong>0,9</strong></div> <br style="clear:both;" />Assicurazioni Generali S.p.A. offers life and non-life insurance and reinsurance throughout the world. The Company offers life, health, accident, automobile, marine, aviation, transport, fire, general liability, and credit insurance and reinsurance.</div><div class="lettre_hebdo_secteur">santé</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 46px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=SAN.PA">Sanofi-Aventis SA</a> | Medical-Drugs | Yield: <strong>5,3</strong> | Beta: <strong>0,8</strong></div> <br style="clear:both;" />Sanofi-Aventis is a global pharmaceutical company that researches, develops and manufactures prescription pharmaceuticals and vaccines. The Company develops cardiovascular, thrombosis, metabolic disorder, central nervous system, internal medicine and oncology drugs, and vaccines.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 46px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=ROG.VX">Roche Holding AG</a> | Medical-Drugs | Yield: <strong>4,1</strong> | Beta: <strong>0,9</strong></div> <br style="clear:both;" />Roche Holding AG develops and manufactures pharmaceutical and diagnostic products. The Company produces prescription drugs in the areas of cardiovascular, infectious, autoimmune, and respiratory diseases, dermatology, metabolic disorders, oncology, transplantation, and the central nervous system.</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 24px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=BA.L"><span class="caps">BAE</span> Systems <span class="caps">PLC</span></a> | Aerospace/Defense | Yield: <strong>5,9</strong> | Beta: <strong>0,8</strong></div> <br style="clear:both;" /><span class="caps">BAE</span> Systems plc develops, delivers, and supports advanced defense and aerospace systems. The Group manufactures military aircraft, surface ships, submarines, radar, avionics, communications, electronics, and guided weapon systems. <span class="caps">BAE</span> Systems services clients located throughout the world.</div><div class="lettre_hebdo_secteur">matériaux de base</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">services de télécommunication</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">services aux collectivités</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=CEI.PA">Areva SA</a> | Energy-Alternate Sources | Yield: <strong>2,2</strong> | Beta: <strong>0,8</strong></div> <br style="clear:both;" />Areva SA offers technological solutions for nuclear power generation and electricity transmission and distribution. The Company also manufactures nuclear measurement equipment, transportation safety systems, along with the recycling and reprocessing of nuclear fuel.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=GAS.MC">Gas Natural <span class="caps">SDG</span> SA</a> | Gas-Distribution | Yield: <strong>6,6</strong> | Beta: <strong>0,8</strong></div> <br style="clear:both;" />Gas Natural <span class="caps">SDG</span>, S.A. distributes natural gas in Spain and Latin America. The Company also operates gas storage facilities, owns and operates a fiber optic backbone telecommunications network, markets energy management products and household gas appliances, and installs gas heating systems.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 24px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=RWE.DE"><span class="caps">RWE</span> AG</a> | Electric-Integrated | Yield: <strong>6,5</strong> | Beta: <strong>0,9</strong></div> <br style="clear:both;" /><span class="caps">RWE</span> AG generates, distributes, and trades electricity to municipal, industrial, commercial, and residential customers. The Company produces natural gas and oil, mines coal, delivers and distributes gas, and supplies drinking water. <span class="caps">RWE</span> AG operates mainly in Europe.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=EDF.PA"><span class="caps">EDF</span> SA</a> | Electric-Integrated | Yield: <strong>3,6</strong> | Beta: <strong>0,9</strong></div> <br style="clear:both;" /><span class="caps">EDF</span> SA (Electricite de France) produces, transmits, distributes, imports and exports electricity. The Company, using nuclear power, coal and gas, provides electricity for French energy consumers.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 29px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=EOAN.DE">E.ON AG</a> | Electric-Integrated | Yield: <strong>6,6</strong> | Beta: <strong>1,0</strong></div> <br style="clear:both;" />E.ON AG operates in power generation and gas production businesses. The Company&#8217;s operations include electric generation at conventional, nuclear, and renewable-source facilities; electric transmission via high-voltage wires network; regional distribution of electricity, gas, and heat; power trading and electricity, gas, and heat sales.</div><div class="lettre_hebdo_secteur">foncière cotée</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div>

<br />


	<h3>Moyennes capitalisations européennes</h3>

<div class="lettre_hebdo_secteur">consommation discrétionnaire</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 41px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=PAJ.PA">PagesJaunes Groupe</a> | Publishing-Periodicals | Yield: <strong>8,5</strong> | Beta: <strong>0,8</strong></div> <br style="clear:both;" />PagesJaunes Groupe is a publisher of printed and online directories to the general public and businesses. The Company provides services via the Internet and Minitel, allowing users to conduct their searches nationally and globally. PagesJaunes also offers website creation and hosting, marketing and geographical mapping services.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=MS.MI">Mediaset SpA</a> | Television | Yield: <strong>4,6</strong> | Beta: <strong>0,8</strong></div> <br style="clear:both;" />Mediaset S.p.A. operates television broadcasting, television production, signal broadcasting management, and music production businesses. The Company owns and operates Italian television stations Canale 5, Italia 1, and Retequattro. Mediaset also produces and markets music record albums, sells advertising time, and operates Internet portals and a library of television rights.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=MKS.L">Marks &amp; Spencer Group <span class="caps">PLC</span></a> | Retail-Major Dept Store | Yield: <strong>4,9</strong> | Beta: <strong>0,8</strong></div> <br style="clear:both;" />Marks &amp; Spencer Group <span class="caps">PLC</span> is a holding company. The Company, through its subsidiaries, provides retail of clothing, food and home products.</div><div class="lettre_hebdo_secteur">santé</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 29px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=IPN.PA">Ipsen SA</a> | Medical-Drugs | Yield: <strong>2,8</strong> | Beta: <strong>0,6</strong></div> <br style="clear:both;" />Ipsen SA manufactures and markets a wide range of medical drugs for targeted disease areas including oncology, endocrinology, and neuromuscular disorders.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 58px; background-image: url(/images/investir/layout/5_star_vert.gif);">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=CLS1.DE">Celesio AG</a> | Medical-Whsle Drug Dist | Yield: <strong>3,0</strong> | Beta: <strong>0,7</strong></div> <br style="clear:both;" />Celesio AG wholesales and retails pharmaceuticals to customers in Europe. The Company wholesales pharmaceuticals, operates retail pharmacies, and provides logistics and transportation services for pharmaceuticals at local, national and European level.</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 58px; background-image: url(/images/investir/layout/5_star_vert.gif);">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=FNC.MI">Finmeccanica SpA</a> | Aerospace/Defense | Yield: <strong>4,9</strong> | Beta: <strong>0,6</strong></div> <br style="clear:both;" />Finmeccanica SpA designs, develops, and produces a complete line of commercial and military aircraft, space systems, air defense systems and air and traffic control equipment. The Company also designs and constructs nuclear power plants, rail transportation systems, process control systems, and microprocessors.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 17px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=COB.L">Cobham <span class="caps">PLC</span></a> | Aerospace/Defense-Equip | Yield: <strong>2,9</strong> | Beta: <strong>0,7</strong></div> <br style="clear:both;" />Cobham <span class="caps">PLC</span> designs and manufactures a wide range of equipment, specialized systems and components for the aerospace, defense, energy, and electronics industries. The Company products include refuelling equipment, aviation oxygen systems, weapon system containers, and rescue and navigation lights. Cobham also operates and maintains aircraft designed for special mission flights.</div>

<br />


	<h3>Petites capitalisations européennes</h3>

<div class="lettre_hebdo_secteur">consommation de base</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=BON.PA">Bonduelle S.C.A.</a> | Food-Misc/Diversified | Yield: <strong>2,2</strong> | Beta: <strong>0,5</strong></div> <br style="clear:both;" />Bonduelle <span class="caps">SCA</span> produces canned, frozen, and fresh vegetables for distribution in Europe. The Company markets its products under the Bonduelle, Cassegrain, and Marie Thomas brand names. Bonduelle is involved in all stages of production, from cutting and cleaning the vegetables to treatment, packaging, and distribution.</div><div class="lettre_hebdo_secteur">consommation discrétionnaire</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=CDA.PA">Cie des Alpes</a> | Resorts/Theme Parks | Yield: <strong>4,6</strong> | Beta: <strong>0,5</strong></div> <br style="clear:both;" />Compagnie des Alpes manages chair lift networks and ski slopes for ski resorts. The Company controls approximately eight subsidiaries.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 41px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=LTO.MI">Lottomatica SpA</a> | Lottery Services | Yield: <strong>6,9</strong> | Beta: <strong>0,6</strong></div> <br style="clear:both;" />Lottomatica S.p.A. manages the Lotto Game for the Italian government, and also markets games, automated services and ticketing services. Through its Games division, the Company provides systems and products for games, and hardware and software systems to support sports and horse race betting.</div><div class="lettre_hebdo_secteur">santé</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 41px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=GDS.PA">Generale de Sante SA</a> | Medical-Hospitals | Yield: <strong>11,0</strong> | Beta: <strong>0,5</strong></div> <br style="clear:both;" />Generale de Sante operates private hospitals. The Company operates hospitals in France, Italy, Portugal, and Canada.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 24px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=KORI.PA">Korian</a> | Medical-Nursing Homes | Yield: <strong>3,6</strong> | Beta: <strong>0,6</strong></div> <br style="clear:both;" />Korian operates retirement homes in France.</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 24px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=DLAR.L">De La Rue <span class="caps">PLC</span></a> | Printing-Commercial | Yield: <strong>6,7</strong> | Beta: <strong>0,5</strong></div> <br style="clear:both;" />De La Rue plc group specializes in the supply of cash handling equipment and security products. The Company produces approximately 150 national currencies, electric transaction solutions and identity systems. Their various security items include stamps, vouchers, passports, travelers checks, drivers licenses and <span class="caps">ATM</span> mechanisms, as well as security papers, threads and tear tapes.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 17px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=BAB.L">Babcock International Group <span class="caps">PLC</span></a> | Building-Maint&amp;Service | Yield: <strong>3,8</strong> | Beta: <strong>0,5</strong></div> <br style="clear:both;" />Babcock International Group plc offers support services to public sector institutions. The Company offers facilities management, training, and support services to defense, rail transportation, marine, and other public sector organizations. Babcock serves customers in Europe, Africa, and North America.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 41px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=STS.MI">Ansaldo <span class="caps">STS</span> SpA</a> | Transport-Rail | Yield: <strong>2,7</strong> | Beta: <strong>0,6</strong></div> <br style="clear:both;" />Ansaldo <span class="caps">STS</span> SpA designs and constructs parts of, or entire, mainline and urban electrified mass transit systems.</div>

<br />


	<h3>Grandes capitalisations américaines</h3>

<div class="lettre_hebdo_secteur">consommation de base</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 29px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=WAG">Walgreen Co</a> | Retail-Drug Store | Yield: <strong>2,1</strong> | Beta: <strong>0,9</strong></div> <br style="clear:both;" />Walgreen Company operates retail drugstores that offer a wide variety of prescription and non-prescription drugs as well as general goods. The Company operates stores in the United States, the District of Columbia, Puerto Rico and Guam. Walgreen&#8217;s also offers health services, including primary and acute care, wellness, pharmacy and disease management services and health and fitness.</div><div class="lettre_hebdo_secteur">consommation discrétionnaire</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">energie</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=XOM">Exxon Mobil Corp</a> | Oil Comp-Integrated | Yield: <strong>2,9</strong> | Beta: <strong>0,4</strong></div> <br style="clear:both;" />Exxon Mobil Corporation operates petroleum and petrochemicals businesses on a worldwide basis. The Company&#8217;s operations include exploration and production of oil and gas, electric power generation, and coal and minerals operations. Exxon Mobil also manufactures and markets fuels, lubricants, and chemicals.</div><div class="lettre_hebdo_secteur">services financiers</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">santé</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=BAX">Baxter International Inc</a> | Medical Products | Yield: <strong>2,5</strong> | Beta: <strong>0,4</strong></div> <br style="clear:both;" />Baxter International Inc. develops, manufactures, and markets products and technologies related to hemophilia, immune disorders, infectious diseases, kidney disease, trauma and other chronic and acute medical conditions. The Company&#8217;s products are used by hospitals, kidney dialysis centers, nursing homes, rehabilitation centers, doctors&#8217; offices, and research laboratories.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 17px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=JNJ">Johnson &amp; Johnson</a> | Medical Products | Yield: <strong>3,4</strong> | Beta: <strong>0,6</strong></div> <br style="clear:both;" />Johnson &amp; Johnson manufactures health care products and provides related services for the consumer, pharmaceutical, and medical devices and diagnostics markets. The Company sells products such as skin and hair care products, acetaminophen products, pharmaceuticals, diagnostic equipment, and surgical equipment in countries located around the world.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 53px; background-image: url(/images/investir/layout/5_star_vert.gif);">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=MDT">Medtronic Inc</a> | Medical Instruments | Yield: <strong>2,4</strong> | Beta: <strong>0,8</strong></div> <br style="clear:both;" />Medtronic, Inc. develops therapeutic and diagnostic medical products. The Company&#8217;s principal products include those for bradycardia pacing, tachyarrhythmia management, atrial fibrillation management, heart failure management, heart valve replacement, malignant and non-malignant pain, and movement disorders. Medtronic&#8217;s products are sold worldwide.</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">matériaux de base</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 24px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=NUE">Nucor Corp</a> | Steel-Producers | Yield: <strong>3,7</strong> | Beta: <strong>1,0</strong></div> <br style="clear:both;" />Nucor Corporation manufactures steel products. The Company&#8217;s products include carbon and alloy steel, steel joists, steel deck, cold finished steel, steel grinding balls, steel bearing products, and metal buildingsystems. Nucor also brokers ferrous and nonferrous metals, pig iron and <span class="caps">HBI</span>/DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap.</div><div class="lettre_hebdo_secteur">services de télécommunication</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">services aux collectivités</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 17px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=FE">FirstEnergy Corp</a> | Electric-Integrated | Yield: <strong>6,1</strong> | Beta: <strong>0,5</strong></div> <br style="clear:both;" />FirstEnergy Corp. is a public utility holding company. The Company&#8217;s subsidiaries and affiliates are involved in the generation, transmission and distribution of electricity, exploration and production of oil and natural gas, transmission and marketing of natural gas, and energy management and other energy-related services.</div><div class="lettre_hebdo_secteur">foncière cotée</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div>

<br />


	<h3>Moyennes capitalisations américaines</h3>

<div class="lettre_hebdo_secteur">services financiers</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 58px; background-image: url(/images/investir/layout/5_star_vert.gif);">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=PBCT">People&#8217;s United Financial Inc</a> | S&amp;L/Thrifts-Eastern US | Yield: <strong>4,7</strong> | Beta: <strong>0,1</strong></div> <br style="clear:both;" />People&#8217;s United Financial Inc. is a bank holding company. The Company, through its banking subsidiary, offers a full range of financial services to individual, corporate, and municipal customers primarily in Connecticut. The Bank issues credit cards and provides brokerage and investment planning, asset management, equipment leasing, and insurance services.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 46px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=HCBK">Hudson City Bancorp Inc</a> | S&amp;L/Thrifts-Eastern US | Yield: <strong>5,1</strong> | Beta: <strong>0,6</strong></div> <br style="clear:both;" />Hudson City Bancorp, Inc. is a bank holding company. The Company, through its banking subsidiary, is a federally chartered stock savings bank that offers traditional deposit products, residential real estate mortgage loans and consumer loans. Hudson also purchase mortgages and mortgage-backed securities and other securities issued by U.S. government-sponsored enterprises.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 58px; background-image: url(/images/investir/layout/5_star_vert.gif);">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=FII">Federated Investors Inc</a> | Invest Mgmnt/Advis Serv | Yield: <strong>11,0</strong> | Beta: <strong>0,7</strong></div> <br style="clear:both;" />Federated Investors, Inc. provides investment management products and related financial services. The Company sponsors, markets and provides investment-related services to various investment products, including mutual funds and Separate Accounts (which include separately managed accounts, institutional accounts, sub-advised funds and other managed products).</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 53px; background-image: url(/images/investir/layout/5_star_vert.gif);">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=HRB">H&amp;R Block Inc</a> | Commercial Serv-Finance | Yield: <strong>4,4</strong> | Beta: <strong>0,5</strong></div> <br style="clear:both;" />H&amp;R Block, Inc. provides a wide range of financial products and services through its subsidiaries. The Company provides tax services to the general public, accounting and consulting services, and consumer financial and personal productivity software. H&amp;R Block provides its tax services to clients in the United States and other countries.</div><div class="lettre_hebdo_secteur">services aux collectivités</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=NFG">National Fuel Gas Co</a> | Gas-Distribution | Yield: <strong>3,0</strong> | Beta: <strong>0,8</strong></div> <br style="clear:both;" />National Fuel Gas Company is an integrated natural gas company with operations in all segments of the natural gas industry, including utility, pipeline and storage, exploration and production, and marketing operations. The Company operates across the United States.</div>

<br />


	<h3>Petites capitalisations américaines</h3>

<div class="lettre_hebdo_secteur">consommation de base</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=LANC">Lancaster Colony Corp</a> | Food-Misc/Diversified | Yield: <strong>2,5</strong> | Beta: <strong>0,3</strong></div> <br style="clear:both;" />Lancaster Colony Corporation is a diversified manufacturer. The Company produces and markets consumer products with a focus on specialty food products for the retail and foodservice markets. Lancaster also manufactures and markets candles for the food, drug and mass markets.</div><div class="lettre_hebdo_secteur">services financiers</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=HGIC">Harleysville Group Inc</a> | Property/Casualty Ins | Yield: <strong>4,2</strong> | Beta: <strong>0,3</strong></div> <br style="clear:both;" />Harleysville Group Inc. is an insurance holding company. The Company operates with Harleysville Mutual Insurance Company to form a network of insurance companies primarily in the eastern and midwestern United States. Harleysville underwrites personal and commercial property and casualty coverages, including automobile, homeowners, commercial multi-peril, and workers compensation.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 58px; background-image: url(/images/investir/layout/5_star_vert.gif);">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=FFIN">First Financial Bankshares Inc</a> | Commer Banks-Central US | Yield: <strong>3,0</strong> | Beta: <strong>0,4</strong></div> <br style="clear:both;" />First Financial Bankshares, Inc. is a multi-bank holding company. The Company operates several banks located in Texas. The Banks accept deposits, originate loans, transmit funds, and perform other banking services.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 17px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=TMP">Tompkins Financial Corp</a> | Commer Banks-Eastern US | Yield: <strong>3,6</strong> | Beta: <strong>0,4</strong></div> <br style="clear:both;" />Tompkins Financial Corporation is the holding company for Tompkins County Trust Company, The Bank of Castile, and The Mahopac National Bank. The Banks operate branches which serve the Genesee Valley region of Western New York, Tompkins County and surrounding areas in Central New York, and Putnam County. Tompkins&#8217; offers personal and business services, including investment management.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 17px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=BANF">Bancfirst Corp</a> | Commer Banks-Central US | Yield: <strong>2,5</strong> | Beta: <strong>0,6</strong></div> <br style="clear:both;" />BancFirst Corporation is a bank holding company owning or controlling one or more banks.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 17px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=THFF">First Financial Corp/IN</a> | Commer Banks-Central US | Yield: <strong>3,4</strong> | Beta: <strong>0,6</strong></div> <br style="clear:both;" />First Financial Corporation is a multi-bank holding company that serves customers through offices located in Indiana and Illinois. The Banks attract deposits from the general public and provide a variety of commercial and consumer loans, lease financing, trust account services, and depositor services. First Financial also owns an insurance agency operating in Illinois and Indiana.</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=OMI">Owens &amp; Minor Inc</a> | Distribution/Wholesale | Yield: <strong>2,4</strong> | Beta: <strong>0,5</strong></div> <br style="clear:both;" />Owens &amp; Minor, Inc. distributes medical/surgical supplies throughout the United States. The Company&#8217;s customers include hospitals, integrated healthcare systems, and group purchasing organizations. Owens &amp; Minor also provides services in supply chain management, logistics, and technology.</div><div class="lettre_hebdo_secteur">services aux collectivités</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 41px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=CWT">California Water Service Group</a> | Water | Yield: <strong>3,5</strong> | Beta: <strong>0,3</strong></div> <br style="clear:both;" />California Water Service Group is the parent company of several water utility companies. The Company provides regulated and nonregulated water utility services to customers in California, New Mexico, and Washington.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 46px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=AWR">American States Water Co</a> | Water | Yield: <strong>3,3</strong> | Beta: <strong>0,4</strong></div> <br style="clear:both;" />American States Water Company purchases, produces, distributes, and sells water. The Company also distributes electricity in one community. American States operates within various customer service areas in California.</div>

	<h3>Opportunités d&#8217;achat actions : remarques</h3>

	<p>Ces opportunités (opportunités et non conseils) d&#8217;achat sont issues d&#8217;un filtrage quantitatif d&#8217;après des données provenant de <a href="http://www.bloomberg.com">Bloomberg</a> et <a href="http://finance.yahoo.com">Yahoo</a>, qui peuvent comporter des erreurs, particulièrement au niveau du rendement sur dividendes.</p>

	<p>Rappelez-vous que le choix des actions n&#8217;est qu&#8217;un bout d&#8217;une stratégie patrimoniale. <a href="/blog/rentier/article/91">L&#8217;investisseur heureux</a> préconise une diversification maximale, en terme de classes d&#8217;actifs (monétaire, obligataire, immobilier, actions&#8230;), zones géographiques et secteurs.</p>
      ]]></content>
    </entry>

    <entry>
      <title>Achat actions : opportunités au 14/08/2010</title>
      <link rel="alternate" type="text/html" href="http://www.devenir-rentier.fr/blog/rentier/article/243/" />
      <id>tag:devenir-rentier.fr,2010:http://www.devenir-rentier.fr/blog/rentier/article/243/</id>
      <published>2010-08-14T11:16:37Z</published>
      <updated>2010-08-20T06:30:38Z</updated>
      <author>
            <name>L'investisseur heureux</name>
            <uri>http://www.devenir-rentier.fr/blog/</uri>      </author>

      <categorie term="Actions"
        scheme="http://www.devenir-rentier.fr/blog/rentier/categorie/C13/"
        label="Actions" />
      <content type="html"><![CDATA[
        	<h3>Grandes capitalisations européennes</h3>

<div class="lettre_hebdo_secteur">consommation de base</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=ULVR.L">Unilever <span class="caps">PLC</span></a> | Food-Misc/Diversified | Yield: <strong>5,0</strong> | Beta: <strong>0,7</strong></div> <br style="clear:both;" />Unilever <span class="caps">PLC</span> manufactures branded and packaged consumer goods, including food, detergents, fragrances, home and personal care products.</div><div class="lettre_hebdo_secteur">consommation discrétionnaire</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">energie</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">services financiers</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=G.MI">Assicurazioni Generali SpA</a> | Multi-line Insurance | Yield: <strong>2,3</strong> | Beta: <strong>0,9</strong></div> <br style="clear:both;" />Assicurazioni Generali S.p.A. offers life and non-life insurance and reinsurance throughout the world. The Company offers life, health, accident, automobile, marine, aviation, transport, fire, general liability, and credit insurance and reinsurance.</div><div class="lettre_hebdo_secteur">santé</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 46px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=SAN.PA">Sanofi-Aventis SA</a> | Medical-Drugs | Yield: <strong>5,4</strong> | Beta: <strong>0,8</strong></div> <br style="clear:both;" />Sanofi-Aventis is a global pharmaceutical company that researches, develops and manufactures prescription pharmaceuticals and vaccines. The Company develops cardiovascular, thrombosis, metabolic disorder, central nervous system, internal medicine and oncology drugs, and vaccines.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 41px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=ROG.VX">Roche Holding AG</a> | Medical-Drugs | Yield: <strong>4,1</strong> | Beta: <strong>0,9</strong></div> <br style="clear:both;" />Roche Holding AG develops and manufactures pharmaceutical and diagnostic products. The Company produces prescription drugs in the areas of cardiovascular, infectious, autoimmune, and respiratory diseases, dermatology, metabolic disorders, oncology, transplantation, and the central nervous system.</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=BA.L"><span class="caps">BAE</span> Systems <span class="caps">PLC</span></a> | Aerospace/Defense | Yield: <strong>5,8</strong> | Beta: <strong>0,8</strong></div> <br style="clear:both;" /><span class="caps">BAE</span> Systems plc develops, delivers, and supports advanced defense and aerospace systems. The Group manufactures military aircraft, surface ships, submarines, radar, avionics, communications, electronics, and guided weapon systems. <span class="caps">BAE</span> Systems services clients located throughout the world.</div><div class="lettre_hebdo_secteur">matériaux de base</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">services de télécommunication</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">services aux collectivités</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 29px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=CEI.PA">Areva SA</a> | Energy-Alternate Sources | Yield: <strong>2,2</strong> | Beta: <strong>0,8</strong></div> <br style="clear:both;" />Areva SA offers technological solutions for nuclear power generation and electricity transmission and distribution. The Company also manufactures nuclear measurement equipment, transportation safety systems, along with the recycling and reprocessing of nuclear fuel.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 41px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=RWE.DE"><span class="caps">RWE</span> AG</a> | Electric-Integrated | Yield: <strong>6,6</strong> | Beta: <strong>0,9</strong></div> <br style="clear:both;" /><span class="caps">RWE</span> AG generates, distributes, and trades electricity to municipal, industrial, commercial, and residential customers. The Company produces natural gas and oil, mines coal, delivers and distributes gas, and supplies drinking water. <span class="caps">RWE</span> AG operates mainly in Europe.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 29px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=EOAN.DE">E.ON AG</a> | Electric-Integrated | Yield: <strong>6,6</strong> | Beta: <strong>1,0</strong></div> <br style="clear:both;" />E.ON AG operates in power generation and gas production businesses. The Company&#8217;s operations include electric generation at conventional, nuclear, and renewable-source facilities; electric transmission via high-voltage wires network; regional distribution of electricity, gas, and heat; power trading and electricity, gas, and heat sales.</div><div class="lettre_hebdo_secteur">foncière cotée</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div>

<br />


	<h3>Moyennes capitalisations européennes</h3>

<div class="lettre_hebdo_secteur">consommation discrétionnaire</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 24px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=PAJ.PA">PagesJaunes Groupe</a> | Publishing-Periodicals | Yield: <strong>8,5</strong> | Beta: <strong>0,8</strong></div> <br style="clear:both;" />PagesJaunes Groupe is a publisher of printed and online directories to the general public and businesses. The Company provides services via the Internet and Minitel, allowing users to conduct their searches nationally and globally. PagesJaunes also offers website creation and hosting, marketing and geographical mapping services.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=MS.MI">Mediaset SpA</a> | Television | Yield: <strong>4,5</strong> | Beta: <strong>0,8</strong></div> <br style="clear:both;" />Mediaset S.p.A. operates television broadcasting, television production, signal broadcasting management, and music production businesses. The Company owns and operates Italian television stations Canale 5, Italia 1, and Retequattro. Mediaset also produces and markets music record albums, sells advertising time, and operates Internet portals and a library of television rights.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 24px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=MKS.L">Marks &amp; Spencer Group <span class="caps">PLC</span></a> | Retail-Major Dept Store | Yield: <strong>5,0</strong> | Beta: <strong>0,8</strong></div> <br style="clear:both;" />Marks &amp; Spencer Group <span class="caps">PLC</span> is a holding company. The Company, through its subsidiaries, provides retail of clothing, food and home products.</div><div class="lettre_hebdo_secteur">santé</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 24px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=IPN.PA">Ipsen SA</a> | Medical-Drugs | Yield: <strong>2,9</strong> | Beta: <strong>0,6</strong></div> <br style="clear:both;" />Ipsen SA manufactures and markets a wide range of medical drugs for targeted disease areas including oncology, endocrinology, and neuromuscular disorders.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 46px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=CLS1.DE">Celesio AG</a> | Medical-Whsle Drug Dist | Yield: <strong>2,9</strong> | Beta: <strong>0,7</strong></div> <br style="clear:both;" />Celesio AG wholesales and retails pharmaceuticals to customers in Europe. The Company wholesales pharmaceuticals, operates retail pharmacies, and provides logistics and transportation services for pharmaceuticals at local, national and European level.</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 53px; background-image: url(/images/investir/layout/5_star_vert.gif);">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=FNC.MI">Finmeccanica SpA</a> | Aerospace/Defense | Yield: <strong>4,9</strong> | Beta: <strong>0,6</strong></div> <br style="clear:both;" />Finmeccanica SpA designs, develops, and produces a complete line of commercial and military aircraft, space systems, air defense systems and air and traffic control equipment. The Company also designs and constructs nuclear power plants, rail transportation systems, process control systems, and microprocessors.</div>

<br />


	<h3>Petites capitalisations européennes</h3>

<div class="lettre_hebdo_secteur">consommation de base</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=BON.PA">Bonduelle S.C.A.</a> | Food-Misc/Diversified | Yield: <strong>2,3</strong> | Beta: <strong>0,5</strong></div> <br style="clear:both;" />Bonduelle <span class="caps">SCA</span> produces canned, frozen, and fresh vegetables for distribution in Europe. The Company markets its products under the Bonduelle, Cassegrain, and Marie Thomas brand names. Bonduelle is involved in all stages of production, from cutting and cleaning the vegetables to treatment, packaging, and distribution.</div><div class="lettre_hebdo_secteur">consommation discrétionnaire</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=CDA.PA">Cie des Alpes</a> | Resorts/Theme Parks | Yield: <strong>4,6</strong> | Beta: <strong>0,5</strong></div> <br style="clear:both;" />Compagnie des Alpes manages chair lift networks and ski slopes for ski resorts. The Company controls approximately eight subsidiaries.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 46px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=LTO.MI">Lottomatica SpA</a> | Lottery Services | Yield: <strong>7,0</strong> | Beta: <strong>0,6</strong></div> <br style="clear:both;" />Lottomatica S.p.A. manages the Lotto Game for the Italian government, and also markets games, automated services and ticketing services. Through its Games division, the Company provides systems and products for games, and hardware and software systems to support sports and horse race betting.</div><div class="lettre_hebdo_secteur">santé</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 53px; background-image: url(/images/investir/layout/5_star_vert.gif);">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=GDS.PA">Generale de Sante SA</a> | Medical-Hospitals | Yield: <strong>11,2</strong> | Beta: <strong>0,5</strong></div> <br style="clear:both;" />Generale de Sante operates private hospitals. The Company operates hospitals in France, Italy, Portugal, and Canada.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 46px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=KORI.PA">Korian</a> | Medical-Nursing Homes | Yield: <strong>3,7</strong> | Beta: <strong>0,6</strong></div> <br style="clear:both;" />Korian operates retirement homes in France.</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 24px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=DLAR.L">De La Rue <span class="caps">PLC</span></a> | Printing-Commercial | Yield: <strong>6,6</strong> | Beta: <strong>0,5</strong></div> <br style="clear:both;" />De La Rue plc group specializes in the supply of cash handling equipment and security products. The Company produces approximately 150 national currencies, electric transaction solutions and identity systems. Their various security items include stamps, vouchers, passports, travelers checks, drivers licenses and <span class="caps">ATM</span> mechanisms, as well as security papers, threads and tear tapes.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=STS.MI">Ansaldo <span class="caps">STS</span> SpA</a> | Transport-Rail | Yield: <strong>2,6</strong> | Beta: <strong>0,6</strong></div> <br style="clear:both;" />Ansaldo <span class="caps">STS</span> SpA designs and constructs parts of, or entire, mainline and urban electrified mass transit systems.</div>

<br />


	<h3>Grandes capitalisations américaines</h3>

<div class="lettre_hebdo_secteur">consommation de base</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">consommation discrétionnaire</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">energie</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 17px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=XOM">Exxon Mobil Corp</a> | Oil Comp-Integrated | Yield: <strong>2,9</strong> | Beta: <strong>0,4</strong></div> <br style="clear:both;" />Exxon Mobil Corporation operates petroleum and petrochemicals businesses on a worldwide basis. The Company&#8217;s operations include exploration and production of oil and gas, electric power generation, and coal and minerals operations. Exxon Mobil also manufactures and markets fuels, lubricants, and chemicals.</div><div class="lettre_hebdo_secteur">services financiers</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">santé</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 29px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=JNJ">Johnson &amp; Johnson</a> | Medical Products | Yield: <strong>3,5</strong> | Beta: <strong>0,6</strong></div> <br style="clear:both;" />Johnson &amp; Johnson manufactures health care products and provides related services for the consumer, pharmaceutical, and medical devices and diagnostics markets. The Company sells products such as skin and hair care products, acetaminophen products, pharmaceuticals, diagnostic equipment, and surgical equipment in countries located around the world.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 53px; background-image: url(/images/investir/layout/5_star_vert.gif);">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=MDT">Medtronic Inc</a> | Medical Instruments | Yield: <strong>2,4</strong> | Beta: <strong>0,8</strong></div> <br style="clear:both;" />Medtronic, Inc. develops therapeutic and diagnostic medical products. The Company&#8217;s principal products include those for bradycardia pacing, tachyarrhythmia management, atrial fibrillation management, heart failure management, heart valve replacement, malignant and non-malignant pain, and movement disorders. Medtronic&#8217;s products are sold worldwide.</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=HD">Home Depot Inc</a> | Retail-Building Products | Yield: <strong>3,4</strong> | Beta: <strong>0,7</strong></div> <br style="clear:both;" />The Home Depot, Inc. is a home improvement retailer that sells building materials and home improvement products. The Company&#8217;s sell a wide assortment of building materials, home improvement and lawn and garden products and provide a number of services. Home Depot operates throughout the U.S. (including Puerto Rico, the Virgin Islands and Guam), Canada, China, and Mexico.</div><div class="lettre_hebdo_secteur">matériaux de base</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 41px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=NUE">Nucor Corp</a> | Steel-Producers | Yield: <strong>3,8</strong> | Beta: <strong>1,0</strong></div> <br style="clear:both;" />Nucor Corporation manufactures steel products. The Company&#8217;s products include carbon and alloy steel, steel joists, steel deck, cold finished steel, steel grinding balls, steel bearing products, and metal buildingsystems. Nucor also brokers ferrous and nonferrous metals, pig iron and <span class="caps">HBI</span>/DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap.</div><div class="lettre_hebdo_secteur">services de télécommunication</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">services aux collectivités</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">foncière cotée</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div>

<br />


	<h3>Moyennes capitalisations américaines</h3>

<div class="lettre_hebdo_secteur">services financiers</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 58px; background-image: url(/images/investir/layout/5_star_vert.gif);">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=PBCT">People&#8217;s United Financial Inc</a> | S&amp;L/Thrifts-Eastern US | Yield: <strong>4,7</strong> | Beta: <strong>0,1</strong></div> <br style="clear:both;" />People&#8217;s United Financial Inc. is a bank holding company. The Company, through its banking subsidiary, offers a full range of financial services to individual, corporate, and municipal customers primarily in Connecticut. The Bank issues credit cards and provides brokerage and investment planning, asset management, equipment leasing, and insurance services.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 58px; background-image: url(/images/investir/layout/5_star_vert.gif);">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=HCBK">Hudson City Bancorp Inc</a> | S&amp;L/Thrifts-Eastern US | Yield: <strong>5,2</strong> | Beta: <strong>0,6</strong></div> <br style="clear:both;" />Hudson City Bancorp, Inc. is a bank holding company. The Company, through its banking subsidiary, is a federally chartered stock savings bank that offers traditional deposit products, residential real estate mortgage loans and consumer loans. Hudson also purchase mortgages and mortgage-backed securities and other securities issued by U.S. government-sponsored enterprises.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 58px; background-image: url(/images/investir/layout/5_star_vert.gif);">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=FII">Federated Investors Inc</a> | Invest Mgmnt/Advis Serv | Yield: <strong>10,9</strong> | Beta: <strong>0,7</strong></div> <br style="clear:both;" />Federated Investors, Inc. provides investment management products and related financial services. The Company sponsors, markets and provides investment-related services to various investment products, including mutual funds and Separate Accounts (which include separately managed accounts, institutional accounts, sub-advised funds and other managed products).</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 46px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=HRB">H&amp;R Block Inc</a> | Commercial Serv-Finance | Yield: <strong>4,2</strong> | Beta: <strong>0,5</strong></div> <br style="clear:both;" />H&amp;R Block, Inc. provides a wide range of financial products and services through its subsidiaries. The Company provides tax services to the general public, accounting and consulting services, and consumer financial and personal productivity software. H&amp;R Block provides its tax services to clients in the United States and other countries.</div>

<br />


	<h3>Petites capitalisations américaines</h3>

<div class="lettre_hebdo_secteur">services financiers</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 17px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=HGIC">Harleysville Group Inc</a> | Property/Casualty Ins | Yield: <strong>4,2</strong> | Beta: <strong>0,3</strong></div> <br style="clear:both;" />Harleysville Group Inc. is an insurance holding company. The Company operates with Harleysville Mutual Insurance Company to form a network of insurance companies primarily in the eastern and midwestern United States. Harleysville underwrites personal and commercial property and casualty coverages, including automobile, homeowners, commercial multi-peril, and workers compensation.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 58px; background-image: url(/images/investir/layout/5_star_vert.gif);">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=FFIN">First Financial Bankshares Inc</a> | Commer Banks-Central US | Yield: <strong>3,0</strong> | Beta: <strong>0,4</strong></div> <br style="clear:both;" />First Financial Bankshares, Inc. is a multi-bank holding company. The Company operates several banks located in Texas. The Banks accept deposits, originate loans, transmit funds, and perform other banking services.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=BANF">Bancfirst Corp</a> | Commer Banks-Central US | Yield: <strong>2,5</strong> | Beta: <strong>0,6</strong></div> <br style="clear:both;" />BancFirst Corporation is a bank holding company owning or controlling one or more banks.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=THFF">First Financial Corp/IN</a> | Commer Banks-Central US | Yield: <strong>3,5</strong> | Beta: <strong>0,6</strong></div> <br style="clear:both;" />First Financial Corporation is a multi-bank holding company that serves customers through offices located in Indiana and Illinois. The Banks attract deposits from the general public and provide a variety of commercial and consumer loans, lease financing, trust account services, and depositor services. First Financial also owns an insurance agency operating in Illinois and Indiana.</div><div class="lettre_hebdo_secteur">santé</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=VIVO">Meridian Bioscience Inc</a> | Diagnostic Kits | Yield: <strong>4,0</strong> | Beta: <strong>0,5</strong></div> <br style="clear:both;" />Meridian Bioscience, Inc. manufactures, markets, and distributes diagnostic test kits, purified reagents, and related products. The Company also offers biopharmaceutical enabling technologies. Meridian specializes in gastrointestinal and upper respiratory infections, serology, parasitology, and fungal disease diagnosis, as well as rare reagents and specialty biologicals.</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=OMI">Owens &amp; Minor Inc</a> | Distribution/Wholesale | Yield: <strong>2,5</strong> | Beta: <strong>0,5</strong></div> <br style="clear:both;" />Owens &amp; Minor, Inc. distributes medical/surgical supplies throughout the United States. The Company&#8217;s customers include hospitals, integrated healthcare systems, and group purchasing organizations. Owens &amp; Minor also provides services in supply chain management, logistics, and technology.</div><div class="lettre_hebdo_secteur">services aux collectivités</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 29px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=CWT">California Water Service Group</a> | Water | Yield: <strong>3,4</strong> | Beta: <strong>0,3</strong></div> <br style="clear:both;" />California Water Service Group is the parent company of several water utility companies. The Company provides regulated and nonregulated water utility services to customers in California, New Mexico, and Washington.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 17px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=AWR">American States Water Co</a> | Water | Yield: <strong>3,2</strong> | Beta: <strong>0,4</strong></div> <br style="clear:both;" />American States Water Company purchases, produces, distributes, and sells water. The Company also distributes electricity in one community. American States operates within various customer service areas in California.</div>

	<h3>Opportunités d&#8217;achat actions : remarques</h3>

	<p>Ces opportunités (opportunités et non conseils) d&#8217;achat sont issues d&#8217;un filtrage quantitatif d&#8217;après des données provenant de <a href="http://www.bloomberg.com">Bloomberg</a> et <a href="http://finance.yahoo.com">Yahoo</a>, qui peuvent comporter des erreurs, particulièrement au niveau du rendement sur dividendes.</p>

	<p>Rappelez-vous que le choix des actions n&#8217;est qu&#8217;un bout d&#8217;une stratégie patrimoniale. <a href="/blog/rentier/article/91">L&#8217;investisseur heureux</a> préconise une diversification maximale, en terme de classes d&#8217;actifs (monétaire, obligataire, immobilier, actions&#8230;), zones géographiques et secteurs.</p>
      ]]></content>
    </entry>

    <entry>
      <title>Achat actions : opportunités au 07/08/2010</title>
      <link rel="alternate" type="text/html" href="http://www.devenir-rentier.fr/blog/rentier/article/242/" />
      <id>tag:devenir-rentier.fr,2010:http://www.devenir-rentier.fr/blog/rentier/article/242/</id>
      <published>2010-08-07T10:06:58Z</published>
      <updated>2010-09-01T13:42:00Z</updated>
      <author>
            <name>L'investisseur heureux</name>
            <uri>http://www.devenir-rentier.fr/blog/</uri>      </author>

      <categorie term="Actions"
        scheme="http://www.devenir-rentier.fr/blog/rentier/categorie/C13/"
        label="Actions" />
      <content type="html"><![CDATA[
        	<h3>Grandes capitalisations européennes</h3>

<div class="lettre_hebdo_secteur">consommation de base</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=ULVR.L">Unilever <span class="caps">PLC</span></a> | Food-Misc/Diversified | Yield: <strong>3.9</strong> | Beta: <strong>0.7</strong></div> <br style="clear:both;" />Unilever <span class="caps">PLC</span> manufactures branded and packaged consumer goods, including food, detergents, fragrances, home and personal care products.</div><div class="lettre_hebdo_secteur">consommation discrétionnaire</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">energie</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">services financiers</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">santé</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=GSK.L">GlaxoSmithKline <span class="caps">PLC</span></a> | Medical-Drugs | Yield: <strong>6.2</strong> | Beta: <strong>0.7</strong></div> <br style="clear:both;" />GlaxoSmithKline plc is a research-based pharmaceutical group that develops, manufactures and markets vaccines, prescription and over-the-counter medicines, as well as health-related consumer products. The Group, which also provides laboratory testing and disease management services, specializes in treatments for respiratory, central nervous system, gastro-intestinal and genetic disorders</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 41px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=SAN.PA">Sanofi-Aventis SA</a> | Medical-Drugs | Yield: <strong>5.3</strong> | Beta: <strong>0.8</strong></div> <br style="clear:both;" />Sanofi-Aventis is a global pharmaceutical company that researches, develops and manufactures prescription pharmaceuticals and vaccines. The Company develops cardiovascular, thrombosis, metabolic disorder, central nervous system, internal medicine and oncology drugs, and vaccines.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 41px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=ROG.VX">Roche Holding AG</a> | Medical-Drugs | Yield: <strong>4.0</strong> | Beta: <strong>0.9</strong></div> <br style="clear:both;" />Roche Holding AG develops and manufactures pharmaceutical and diagnostic products. The Company produces prescription drugs in the areas of cardiovascular, infectious, autoimmune, and respiratory diseases, dermatology, metabolic disorders, oncology, transplantation, and the central nervous system.</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">matériaux de base</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">services de télécommunication</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">services aux collectivités</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=RWE.DE"><span class="caps">RWE</span> AG</a> | Electric-Integrated | Yield: <strong>6.3</strong> | Beta: <strong>0.9</strong></div> <br style="clear:both;" /><span class="caps">RWE</span> AG generates, distributes, and trades electricity to municipal, industrial, commercial, and residential customers. The Company produces natural gas and oil, mines coal, delivers and distributes gas, and supplies drinking water. <span class="caps">RWE</span> AG operates mainly in Europe.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=EOAN.DE">E.ON AG</a> | Electric-Integrated | Yield: <strong>6.5</strong> | Beta: <strong>1.0</strong></div> <br style="clear:both;" />E.ON AG operates in power generation and gas production businesses. The Company&#8217;s operations include electric generation at conventional, nuclear, and renewable-source facilities; electric transmission via high-voltage wires network; regional distribution of electricity, gas, and heat; power trading and electricity, gas, and heat sales.</div><div class="lettre_hebdo_secteur">foncière cotée</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div>

<br />


	<h3>Moyennes capitalisations européennes</h3>

<div class="lettre_hebdo_secteur">consommation discrétionnaire</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=MKS.L">Marks &amp; Spencer Group <span class="caps">PLC</span></a> | Retail-Major Dept Store | Yield: <strong>4.9</strong> | Beta: <strong>0.8</strong></div> <br style="clear:both;" />Marks &amp; Spencer Group <span class="caps">PLC</span> is a holding company. The Company, through its subsidiaries, provides retail of clothing, food and home products.</div><div class="lettre_hebdo_secteur">santé</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 24px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=IPN.PA">Ipsen SA</a> | Medical-Drugs | Yield: <strong>2.9</strong> | Beta: <strong>0.6</strong></div> <br style="clear:both;" />Ipsen SA manufactures and markets a wide range of medical drugs for targeted disease areas including oncology, endocrinology, and neuromuscular disorders.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 29px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=CLS1.DE">Celesio AG</a> | Medical-Whsle Drug Dist | Yield: <strong>2.8</strong> | Beta: <strong>0.7</strong></div> <br style="clear:both;" />Celesio AG wholesales and retails pharmaceuticals to customers in Europe. The Company wholesales pharmaceuticals, operates retail pharmacies, and provides logistics and transportation services for pharmaceuticals at local, national and European level.</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 46px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=FNC.MI">Finmeccanica SpA</a> | Aerospace/Defense | Yield: <strong>4.8</strong> | Beta: <strong>0.6</strong></div> <br style="clear:both;" />Finmeccanica SpA designs, develops, and produces a complete line of commercial and military aircraft, space systems, air defense systems and air and traffic control equipment. The Company also designs and constructs nuclear power plants, rail transportation systems, process control systems, and microprocessors.</div>

<br />


	<h3>Petites capitalisations européennes</h3>

<div class="lettre_hebdo_secteur">consommation de base</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=BON.PA">Bonduelle S.C.A.</a> | Food-Misc/Diversified | Yield: <strong>2.3</strong> | Beta: <strong>0.5</strong></div> <br style="clear:both;" />Bonduelle <span class="caps">SCA</span> produces canned, frozen, and fresh vegetables for distribution in Europe. The Company markets its products under the Bonduelle, Cassegrain, and Marie Thomas brand names. Bonduelle is involved in all stages of production, from cutting and cleaning the vegetables to treatment, packaging, and distribution.</div><div class="lettre_hebdo_secteur">consommation discrétionnaire</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=CDA.PA">Cie des Alpes</a> | Resorts/Theme Parks | Yield: <strong>4.6</strong> | Beta: <strong>0.5</strong></div> <br style="clear:both;" />Compagnie des Alpes manages chair lift networks and ski slopes for ski resorts. The Company controls approximately eight subsidiaries.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 17px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=LTO.MI">Lottomatica SpA</a> | Lottery Services | Yield: <strong>6.5</strong> | Beta: <strong>0.6</strong></div> <br style="clear:both;" />Lottomatica S.p.A. manages the Lotto Game for the Italian government, and also markets games, automated services and ticketing services. Through its Games division, the Company provides systems and products for games, and hardware and software systems to support sports and horse race betting.</div><div class="lettre_hebdo_secteur">santé</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 24px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=GDS.PA">Generale de Sante SA</a> | Medical-Hospitals | Yield: <strong>10.8</strong> | Beta: <strong>0.5</strong></div> <br style="clear:both;" />Generale de Sante operates private hospitals. The Company operates hospitals in France, Italy, Portugal, and Canada.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 24px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=KORI.PA">Korian</a> | Medical-Nursing Homes | Yield: <strong>3.6</strong> | Beta: <strong>0.6</strong></div> <br style="clear:both;" />Korian operates retirement homes in France.</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=DLAR.L">De La Rue <span class="caps">PLC</span></a> | Printing-Commercial | Yield: <strong>5.9</strong> | Beta: <strong>0.5</strong></div> <br style="clear:both;" />De La Rue plc group specializes in the supply of cash handling equipment and security products. The Company produces approximately 150 national currencies, electric transaction solutions and identity systems. Their various security items include stamps, vouchers, passports, travelers checks, drivers licenses and <span class="caps">ATM</span> mechanisms, as well as security papers, threads and tear tapes.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 46px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=STS.MI">Ansaldo <span class="caps">STS</span> SpA</a> | Transport-Rail | Yield: <strong>2.6</strong> | Beta: <strong>0.6</strong></div> <br style="clear:both;" />Ansaldo <span class="caps">STS</span> SpA designs and constructs parts of, or entire, mainline and urban electrified mass transit systems.</div>

<br />


	<h3>Grandes capitalisations américaines</h3>

<div class="lettre_hebdo_secteur">consommation de base</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">consommation discrétionnaire</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">energie</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">services financiers</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">santé</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=BAX">Baxter International Inc</a> | Medical Products | Yield: <strong>2.5</strong> | Beta: <strong>0.4</strong></div> <br style="clear:both;" />Baxter International Inc. develops, manufactures, and markets products and technologies related to hemophilia, immune disorders, infectious diseases, kidney disease, trauma and other chronic and acute medical conditions. The Company&#8217;s products are used by hospitals, kidney dialysis centers, nursing homes, rehabilitation centers, doctors&#8217; offices, and research laboratories.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=MDT">Medtronic Inc</a> | Medical Instruments | Yield: <strong>2.2</strong> | Beta: <strong>0.8</strong></div> <br style="clear:both;" />Medtronic, Inc. develops therapeutic and diagnostic medical products. The Company&#8217;s principal products include those for bradycardia pacing, tachyarrhythmia management, atrial fibrillation management, heart failure management, heart valve replacement, malignant and non-malignant pain, and movement disorders. Medtronic&#8217;s products are sold worldwide.</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">matériaux de base</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=NUE">Nucor Corp</a> | Steel-Producers | Yield: <strong>3.6</strong> | Beta: <strong>1.0</strong></div> <br style="clear:both;" />Nucor Corporation manufactures steel products. The Company&#8217;s products include carbon and alloy steel, steel joists, steel deck, cold finished steel, steel grinding balls, steel bearing products, and metal buildingsystems. Nucor also brokers ferrous and nonferrous metals, pig iron and <span class="caps">HBI</span>/DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap.</div><div class="lettre_hebdo_secteur">services de télécommunication</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">services aux collectivités</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">foncière cotée</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div>

<br />


	<h3>Moyennes capitalisations américaines</h3>

<div class="lettre_hebdo_secteur">services financiers</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 46px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=PBCT">People&#8217;s United Financial Inc</a> | S&amp;L/Thrifts-Eastern US | Yield: <strong>4.5</strong> | Beta: <strong>0.1</strong></div> <br style="clear:both;" />People&#8217;s United Financial Inc. is a bank holding company. The Company, through its banking subsidiary, offers a full range of financial services to individual, corporate, and municipal customers primarily in Connecticut. The Bank issues credit cards and provides brokerage and investment planning, asset management, equipment leasing, and insurance services.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 46px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=HCBK">Hudson City Bancorp Inc</a> | S&amp;L/Thrifts-Eastern US | Yield: <strong>4.9</strong> | Beta: <strong>0.6</strong></div> <br style="clear:both;" />Hudson City Bancorp, Inc. is a bank holding company. The Company, through its banking subsidiary, is a federally chartered stock savings bank that offers traditional deposit products, residential real estate mortgage loans and consumer loans. Hudson also purchase mortgages and mortgage-backed securities and other securities issued by U.S. government-sponsored enterprises.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=FII">Federated Investors Inc</a> | Invest Mgmnt/Advis Serv | Yield: <strong>10.4</strong> | Beta: <strong>0.7</strong></div> <br style="clear:both;" />Federated Investors, Inc. provides investment management products and related financial services. The Company sponsors, markets and provides investment-related services to various investment products, including mutual funds and Separate Accounts (which include separately managed accounts, institutional accounts, sub-advised funds and other managed products).</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 29px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=HRB">H&amp;R Block Inc</a> | Commercial Serv-Finance | Yield: <strong>4.0</strong> | Beta: <strong>0.5</strong></div> <br style="clear:both;" />H&amp;R Block, Inc. provides a wide range of financial products and services through its subsidiaries. The Company provides tax services to the general public, accounting and consulting services, and consumer financial and personal productivity software. H&amp;R Block provides its tax services to clients in the United States and other countries.</div>

<br />


	<h3>Petites capitalisations américaines</h3>

<div class="lettre_hebdo_secteur">services financiers</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=HGIC">Harleysville Group Inc</a> | Property/Casualty Ins | Yield: <strong>4.2</strong> | Beta: <strong>0.3</strong></div> <br style="clear:both;" />Harleysville Group Inc. is an insurance holding company. The Company operates with Harleysville Mutual Insurance Company to form a network of insurance companies primarily in the eastern and midwestern United States. Harleysville underwrites personal and commercial property and casualty coverages, including automobile, homeowners, commercial multi-peril, and workers compensation.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=FFIN">First Financial Bankshares Inc</a> | Commer Banks-Central US | Yield: <strong>2.8</strong> | Beta: <strong>0.4</strong></div> <br style="clear:both;" />First Financial Bankshares, Inc. is a multi-bank holding company. The Company operates several banks located in Texas. The Banks accept deposits, originate loans, transmit funds, and perform other banking services.</div><div class="lettre_hebdo_secteur">services aux collectivités</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=CWT">California Water Service Group</a> | Water | Yield: <strong>3.4</strong> | Beta: <strong>0.3</strong></div> <br style="clear:both;" />California Water Service Group is the parent company of several water utility companies. The Company provides regulated and nonregulated water utility services to customers in California, New Mexico, and Washington.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=AWR">American States Water Co</a> | Water | Yield: <strong>3.9</strong> | Beta: <strong>0.4</strong></div> <br style="clear:both;" />American States Water Company purchases, produces, distributes, and sells water. The Company also distributes electricity in one community. American States operates within various customer service areas in California.</div>

	<h3>Opportunités d&#8217;achat actions : remarques</h3>

	<p>Ces opportunités (opportunités et non conseils) d&#8217;achat sont issues d&#8217;un filtrage quantitatif d&#8217;après des données provenant de <a href="http://www.bloomberg.com">Bloomberg</a> et <a href="http://finance.yahoo.com">Yahoo</a>, qui peuvent comporter des erreurs, particulièrement au niveau du rendement sur dividendes.</p>

	<p>Rappelez-vous que le choix des actions n&#8217;est qu&#8217;un bout d&#8217;une stratégie patrimoniale. <a href="/blog/rentier/article/91">L&#8217;investisseur heureux</a> préconise une diversification maximale, en terme de classes d&#8217;actifs (monétaire, obligataire, immobilier, actions&#8230;), zones géographiques et secteurs.</p>
      ]]></content>
    </entry>

    <entry>
      <title>Portefeuille Patrimoine &#45; Août 2010</title>
      <link rel="alternate" type="text/html" href="http://www.devenir-rentier.fr/blog/rentier/article/241/" />
      <id>tag:devenir-rentier.fr,2010:http://www.devenir-rentier.fr/blog/rentier/article/241/</id>
      <published>2010-08-02T08:34:27Z</published>
      <updated>2010-09-01T13:42:28Z</updated>
      <author>
            <name>L'investisseur heureux</name>
            <uri>http://www.devenir-rentier.fr/blog/</uri>      </author>

      <categorie term="Portefeuille"
        scheme="http://www.devenir-rentier.fr/blog/rentier/categorie/C20/"
        label="Portefeuille" />
      <content type="html"><![CDATA[
        	<p>Le mois de juillet a profité aux foncières cotées (Unibail-Rodamco en particulier) et un peu moins aux valeurs américaines, du fait de la hausse de l&#8217;euro. La performance en juillet est positive avec une hausse de 2,35%.</p>

	<p>Mon épargne mensuelle a été investie ce mois-ci un peu en obligataire et en monétaire, et toujours surtout sur BP. Aujourd&#8217;hui ma ligne sur BP est constituée et je ne remettrai plus au pot.</p>

	<p>Pour août, dans l&#8217;esprit de mon billet <a href="/blog/rentier/article/228">Rééquilibrage d&#8217;actifs</a>, ce sera un peu de monétaire et de l&#8217;obligataire. En effet, la poche obligataire est descendue à 34%, soit 1% de moins que l&#8217;allocation stratégique cible. C&#8217;est néanmoins avec regret que je vais respecter cette discipline, car je pense qu&#8217;il y a deux opportunités majeures sur les actions américaines : Exxon Mobil et Johnson &amp; Johnson. Ces deux valeurs, hyper solides, notées triple A par Standard &amp; Poor&#8217;s, se négocient sur des ratios de valorisation historiquement bas. Avec la reprise de l&#8217;euro, elles sont même encore moins chères. Johnson &amp; Johnson a augmenté ses dividendes chaque année depuis 48 ans et offre un rendement sur dividendes de 3,5%.</p>

	<h4>02/08/2010</h4>

	<p>Voici l&#8217;allocation stratégique, sectorielle et opérationnelle actuelle.</p>

	<p>Le secteur du tabac est volontairement isolé des biens de consommation non durables.</p>

<p style="text-align: center;">
<a class="entry_img_href" href="/images/investir/portefeuille/allocation_strategique_20100802.gif"><img src="/images/sized/images/investir/portefeuille/allocation_strategique_20100802-543x371.gif" width="543" height="371"  alt="" /></a><br />
<a class="entry_img_href" href="/images/investir/portefeuille/allocation_sectorielle_actions_20100802.gif"><img src="/images/sized/images/investir/portefeuille/allocation_sectorielle_actions_20100802-560x439.gif" width="560" height="438"  alt="" /></a><br />
<a class="entry_img_href" href="/images/investir/portefeuille/allocation_operationnelle_actions_20100802.gif"><img src="/images/sized/images/investir/portefeuille/allocation_operationnelle_actions_20100802-560x283.gif" width="560" height="282"  alt="" /></a><br />
<a class="entry_img_href" href="/images/investir/portefeuille/allocation_sectorielle_immobilier_20100802.gif"><img src="/images/sized/images/investir/portefeuille/allocation_sectorielle_immobilier_20100802-516x457.gif" width="516" height="457"  alt="" /></a><br />
<a class="entry_img_href" href="/images/investir/portefeuille/allocation_operationnelle_immobilier_20100802.gif"><img src="/images/sized/images/investir/portefeuille/allocation_operationnelle_immobilier_20100802-560x163.gif" width="560" height="162"  alt="" /></a><br />
</p>

	<h4>Evolution de la valeur de la part</h4>

	<p>Cette performance doit se comparer avec un fond mixte international prudent. Tous les dividendes sont réinvestis après prélèvements sociaux.</p>

<p style="text-align: center;">
<a class="entry_img_href" href="/images/investir/portefeuille/performance_mensuelle_20100802.gif"><img src="/images/sized/images/investir/portefeuille/performance_mensuelle_20100802-548x440.gif" width="548" height="440"  alt="" /></a><br />
<a class="entry_img_href" href="/images/investir/portefeuille/valeur_part_20100802.gif"><img src="/images/sized/images/investir/portefeuille/valeur_part_20100802-560x446.gif" width="560" height="445"  alt="" /></a><br />
</p>

	<p>Le 93% de prédictibilité correspond au coefficient de détermination. Cela veut dire que jusqu&#8217;ici, le portefeuille a eu une évolution proche de la linéarité (en ligne droite).</p>
      ]]></content>
    </entry>

    <entry>
      <title>Achat actions : opportunités au 31/07/2010</title>
      <link rel="alternate" type="text/html" href="http://www.devenir-rentier.fr/blog/rentier/article/240/" />
      <id>tag:devenir-rentier.fr,2010:http://www.devenir-rentier.fr/blog/rentier/article/240/</id>
      <published>2010-07-31T07:45:54Z</published>
      <updated>2010-09-01T13:44:55Z</updated>
      <author>
            <name>L'investisseur heureux</name>
            <uri>http://www.devenir-rentier.fr/blog/</uri>      </author>

      <categorie term="Actions"
        scheme="http://www.devenir-rentier.fr/blog/rentier/categorie/C13/"
        label="Actions" />
      <content type="html"><![CDATA[
        	<h3>Grandes capitalisations européennes</h3>

<div class="lettre_hebdo_secteur">consommation de base</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">consommation discrétionnaire</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">energie</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">services financiers</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">santé</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 41px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=GSK.L">GlaxoSmithKline <span class="caps">PLC</span></a> | Medical-Drugs | Yield: <strong>6.3</strong> | Beta: <strong>0.7</strong></div> <br class="clear" />	GlaxoSmithKline plc is a research-based pharmaceutical group that develops, manufactures and markets vaccines, prescription and over-the-counter medicines, as well as health-related consumer products. The Group, which also provides laboratory testing and disease management services, specializes in treatments for respiratory, central nervous system, gastro-intestinal and genetic disorders</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 53px; background-image: url(/images/investir/layout/5_star_vert.gif);">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=SAN.PA">Sanofi-Aventis SA</a> | Medical-Drugs | Yield: <strong>5.4</strong> | Beta: <strong>0.9</strong></div> <br class="clear" />	Sanofi-Aventis is a global pharmaceutical company that researches, develops and manufactures prescription pharmaceuticals and vaccines. The Company develops cardiovascular, thrombosis, metabolic disorder, central nervous system, internal medicine and oncology drugs, and vaccines.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=NOVN.VX">Novartis AG</a> | Medical-Drugs | Yield: <strong>4.2</strong> | Beta: <strong>0.9</strong></div> <br class="clear" />	Novartis AG manufactures pharmaceutical and consumer healthcare products. The Company produces pharmaceuticals for cardiovascular, respiratory and infectious diseases; oncology, neuroscience, transplantation, dermatology, gastrointestinal and urinary conditions, and arthritis; vaccines and diagnostics; vision, and animal health products.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 53px; background-image: url(/images/investir/layout/5_star_vert.gif);">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=ROG.VX">Roche Holding AG</a> | Medical-Drugs | Yield: <strong>4.4</strong> | Beta: <strong>1.0</strong></div> <br class="clear" />	Roche Holding AG develops and manufactures pharmaceutical and diagnostic products. The Company produces prescription drugs in the areas of cardiovascular, infectious, autoimmune, and respiratory diseases, dermatology, metabolic disorders, oncology, transplantation, and the central nervous system.</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 17px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=BA.L"><span class="caps">BAE</span> Systems <span class="caps">PLC</span></a> | Aerospace/Defense | Yield: <strong>5.7</strong> | Beta: <strong>0.8</strong></div> <br class="clear" />	<span class="caps">BAE</span> Systems plc develops, delivers, and supports advanced defense and aerospace systems. The Group manufactures military aircraft, surface ships, submarines, radar, avionics, communications, electronics, and guided weapon systems. <span class="caps">BAE</span> Systems services clients located throughout the world.</div><div class="lettre_hebdo_secteur">matériaux de base</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 24px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=SYNN.VX">Syngenta AG</a> | Agricultural Chemicals | Yield: <strong>2.6</strong> | Beta: <strong>0.8</strong></div> <br class="clear" />	Syngenta AG produces crop protection products and seeds. The Company produces herbicides, insecticides and fungicides, and seeds for field crops, vegetables, and flowers.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=BAYN.DE">Bayer AG</a> | Chemicals-Diversified | Yield: <strong>3.2</strong> | Beta: <strong>0.8</strong></div> <br class="clear" />	Bayer AG produces and markets healthcare and agricultural products, and polymers. The Company manufactures products that include aspirin, antibiotics, anti-infectives, and cardiovascular, oncology, and central nervous system drugs, over-the-counter medications, diagnostics, animal health products, crop protection products, plastics, and polyurethanes.</div><div class="lettre_hebdo_secteur">services de télécommunication</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">services aux collectivités</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=NG.L">National Grid <span class="caps">PLC</span></a> | Electric-Transmission | Yield: <strong>8.1</strong> | Beta: <strong>0.8</strong></div> <br class="clear" />	National Grid <span class="caps">PLC</span> owns, operates and develops electricity and gas networks. The Group&#8217;s electricity transmission and gas distribution networks are located throughout the United Kingdom and in the north-eastern section of the United States. They also own liquefied natural gas storage facilities in Britain and provide infrastructure services to the mobile telecom industry.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 29px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=RWE.DE"><span class="caps">RWE</span> AG</a> | Electric-Integrated | Yield: <strong>6.5</strong> | Beta: <strong>0.9</strong></div> <br class="clear" />	<span class="caps">RWE</span> AG generates, distributes, and trades electricity to municipal, industrial, commercial, and residential customers. The Company produces natural gas and oil, mines coal, delivers and distributes gas, and supplies drinking water. <span class="caps">RWE</span> AG operates mainly in Europe.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 17px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=EDF.PA"><span class="caps">EDF</span> SA</a> | Electric-Integrated | Yield: <strong>3.5</strong> | Beta: <strong>0.9</strong></div> <br class="clear" />	<span class="caps">EDF</span> SA (Electricite de France) produces, transmits, distributes, imports and exports electricity. The Company, using nuclear power, coal and gas, provides electricity for French energy consumers.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=EOAN.DE">E.ON AG</a> | Electric-Integrated | Yield: <strong>6.5</strong> | Beta: <strong>1.0</strong></div> <br class="clear" />	E.ON AG operates in power generation and gas production businesses. The Company&#8217;s operations include electric generation at conventional, nuclear, and renewable-source facilities; electric transmission via high-voltage wires network; regional distribution of electricity, gas, and heat; power trading and electricity, gas, and heat sales.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 17px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=VIE.PA">Veolia Environnement</a> | Water | Yield: <strong>5.9</strong> | Beta: <strong>1.0</strong></div> <br class="clear" />	Veolia Environnement operates utility and public transportation businesses. The Company supplies drinking water, provides waste management services, manages and maintains heating and air conditioning systems, and operates rail and road passenger transportation systems.</div><div class="lettre_hebdo_secteur">foncière cotée</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div>

<br />


	<h3>Moyennes capitalisations européennes</h3>

<div class="lettre_hebdo_secteur">consommation de base</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 17px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=MRW.L">WM Morrison Supermarkets <span class="caps">PLC</span></a> | Food-Retail | Yield: <strong>3.4</strong> | Beta: <strong>0.7</strong></div> <br class="clear" />	William Morrison Supermarkets plc retails groceries through a chain of supermarkets in England. Approximately half of the Group&#8217;s stores contain petrol filling stations. William Morrison has its own fresh food manufacturing and processing operations, thus allowing them to market a number of own label brands.</div><div class="lettre_hebdo_secteur">consommation discrétionnaire</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=MKS.L">Marks &amp; Spencer Group <span class="caps">PLC</span></a> | Retail-Major Dept Store | Yield: <strong>4.8</strong> | Beta: <strong>0.8</strong></div> <br class="clear" />	Marks &amp; Spencer Group <span class="caps">PLC</span> is a holding company. The Company, through its subsidiaries, provides retail of clothing, food and home products.</div><div class="lettre_hebdo_secteur">santé</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 41px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=IPN.PA">Ipsen SA</a> | Medical-Drugs | Yield: <strong>2.9</strong> | Beta: <strong>0.6</strong></div> <br class="clear" />	Ipsen SA manufactures and markets a wide range of medical drugs for targeted disease areas including oncology, endocrinology, and neuromuscular disorders.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=CLS1.DE">Celesio AG</a> | Medical-Whsle Drug Dist | Yield: <strong>2.8</strong> | Beta: <strong>0.7</strong></div> <br class="clear" />	Celesio AG wholesales and retails pharmaceuticals to customers in Europe. The Company wholesales pharmaceuticals, operates retail pharmacies, and provides logistics and transportation services for pharmaceuticals at local, national and European level.</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 58px; background-image: url(/images/investir/layout/5_star_vert.gif);">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=FNC.MI">Finmeccanica SpA</a> | Aerospace/Defense | Yield: <strong>4.9</strong> | Beta: <strong>0.7</strong></div> <br class="clear" />	Finmeccanica SpA designs, develops, and produces a complete line of commercial and military aircraft, space systems, air defense systems and air and traffic control equipment. The Company also designs and constructs nuclear power plants, rail transportation systems, process control systems, and microprocessors.</div>

<br />


	<h3>Petites capitalisations européennes</h3>

<div class="lettre_hebdo_secteur">consommation de base</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=BON.PA">Bonduelle S.C.A.</a> | Food-Misc/Diversified | Yield: <strong>2.3</strong> | Beta: <strong>0.5</strong></div> <br class="clear" />	Bonduelle <span class="caps">SCA</span> produces canned, frozen, and fresh vegetables for distribution in Europe. The Company markets its products under the Bonduelle, Cassegrain, and Marie Thomas brand names. Bonduelle is involved in all stages of production, from cutting and cleaning the vegetables to treatment, packaging, and distribution.</div><div class="lettre_hebdo_secteur">consommation discrétionnaire</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 17px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=CDA.PA">Cie des Alpes</a> | Resorts/Theme Parks | Yield: <strong>4.6</strong> | Beta: <strong>0.5</strong></div> <br class="clear" />	Compagnie des Alpes manages chair lift networks and ski slopes for ski resorts. The Company controls approximately eight subsidiaries.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 17px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=LTO.MI">Lottomatica SpA</a> | Lottery Services | Yield: <strong>6.5</strong> | Beta: <strong>0.6</strong></div> <br class="clear" />	Lottomatica S.p.A. manages the Lotto Game for the Italian government, and also markets games, automated services and ticketing services. Through its Games division, the Company provides systems and products for games, and hardware and software systems to support sports and horse race betting.</div><div class="lettre_hebdo_secteur">santé</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 58px; background-image: url(/images/investir/layout/5_star_vert.gif);">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=GDS.PA">Generale de Sante SA</a> | Medical-Hospitals | Yield: <strong>11.1</strong> | Beta: <strong>0.5</strong></div> <br class="clear" />	Generale de Sante operates private hospitals. The Company operates hospitals in France, Italy, Portugal, and Canada.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 29px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=KORI.PA">Korian</a> | Medical-Nursing Homes | Yield: <strong>3.6</strong> | Beta: <strong>0.6</strong></div> <br class="clear" />	Korian operates retirement homes in France.</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 53px; background-image: url(/images/investir/layout/5_star_vert.gif);">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=DLAR.L">De La Rue <span class="caps">PLC</span></a> | Printing-Commercial | Yield: <strong>6.4</strong> | Beta: <strong>0.5</strong></div> <br class="clear" />	De La Rue plc group specializes in the supply of cash handling equipment and security products. The Company produces approximately 150 national currencies, electric transaction solutions and identity systems. Their various security items include stamps, vouchers, passports, travelers checks, drivers licenses and <span class="caps">ATM</span> mechanisms, as well as security papers, threads and tear tapes.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 46px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=STS.MI">Ansaldo <span class="caps">STS</span> SpA</a> | Transport-Rail | Yield: <strong>2.6</strong> | Beta: <strong>0.6</strong></div> <br class="clear" />	Ansaldo <span class="caps">STS</span> SpA designs and constructs parts of, or entire, mainline and urban electrified mass transit systems.</div>

<br />


	<h3>Grandes capitalisations américaines</h3>

<div class="lettre_hebdo_secteur">consommation de base</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">consommation discrétionnaire</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">energie</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 17px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=XOM">Exxon Mobil Corp</a> | Oil Comp-Integrated | Yield: <strong>2.8</strong> | Beta: <strong>0.4</strong></div> <br class="clear" />	Exxon Mobil Corporation operates petroleum and petrochemicals businesses on a worldwide basis. The Company&#8217;s operations include exploration and production of oil and gas, electric power generation, and coal and minerals operations. Exxon Mobil also manufactures and markets fuels, lubricants, and chemicals.</div><div class="lettre_hebdo_secteur">services financiers</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">santé</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=BAX">Baxter International Inc</a> | Medical Products | Yield: <strong>2.6</strong> | Beta: <strong>0.4</strong></div> <br class="clear" />	Baxter International Inc. develops, manufactures, and markets products and technologies related to hemophilia, immune disorders, infectious diseases, kidney disease, trauma and other chronic and acute medical conditions. The Company&#8217;s products are used by hospitals, kidney dialysis centers, nursing homes, rehabilitation centers, doctors&#8217; offices, and research laboratories.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 29px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=JNJ">Johnson &amp; Johnson</a> | Medical Products | Yield: <strong>3.5</strong> | Beta: <strong>0.6</strong></div> <br class="clear" />	Johnson &amp; Johnson manufactures health care products and provides related services for the consumer, pharmaceutical, and medical devices and diagnostics markets. The Company sells products such as skin and hair care products, acetaminophen products, pharmaceuticals, diagnostic equipment, and surgical equipment in countries located around the world.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=PFE">Pfizer Inc</a> | Medical-Drugs | Yield: <strong>4.5</strong> | Beta: <strong>0.7</strong></div> <br class="clear" />	Pfizer Inc. is a research-based, global pharmaceutical company that discovers, develops, manufactures, and markets medicines for humans and animals. The Company&#8217;s products include prescription pharmaceuticals, non-prescription self-medications, and animal health products such as anti-infective medicines and vaccines.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 24px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=COV">Covidien <span class="caps">PLC</span></a> | Medical Products | Yield: <strong>2.4</strong> | Beta: <strong>0.8</strong></div> <br class="clear" />	Covidien <span class="caps">PLC</span> is a global healthcare products company. The Company develops, manufactures and distributes a diverse range of medical devices and supplies, diagnostics imaging agents, pharmaceuticals and other healthcare products for use in clinical and home settings.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 17px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=MDT">Medtronic Inc</a> | Medical Instruments | Yield: <strong>2.3</strong> | Beta: <strong>0.8</strong></div> <br class="clear" />	Medtronic, Inc. develops therapeutic and diagnostic medical products. The Company&#8217;s principal products include those for bradycardia pacing, tachyarrhythmia management, atrial fibrillation management, heart failure management, heart valve replacement, malignant and non-malignant pain, and movement disorders. Medtronic&#8217;s products are sold worldwide.</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">matériaux de base</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">services de télécommunication</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">services aux collectivités</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">foncière cotée</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div>

<br />


	<h3>Moyennes capitalisations américaines</h3>

<div class="lettre_hebdo_secteur">services financiers</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 29px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=PBCT">People&#8217;s United Financial Inc</a> | S&amp;L/Thrifts-Eastern US | Yield: <strong>4.4</strong> | Beta: <strong>0.1</strong></div> <br class="clear" />	People&#8217;s United Financial Inc. is a bank holding company. The Company, through its banking subsidiary, offers a full range of financial services to individual, corporate, and municipal customers primarily in Connecticut. The Bank issues credit cards and provides brokerage and investment planning, asset management, equipment leasing, and insurance services.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=HCBK">Hudson City Bancorp Inc</a> | S&amp;L/Thrifts-Eastern US | Yield: <strong>4.8</strong> | Beta: <strong>0.7</strong></div> <br class="clear" />	Hudson City Bancorp, Inc. is a bank holding company. The Company, through its banking subsidiary, is a federally chartered stock savings bank that offers traditional deposit products, residential real estate mortgage loans and consumer loans. Hudson also purchase mortgages and mortgage-backed securities and other securities issued by U.S. government-sponsored enterprises.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 29px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=FII">Federated Investors Inc</a> | Invest Mgmnt/Advis Serv | Yield: <strong>10.5</strong> | Beta: <strong>0.7</strong></div> <br class="clear" />	Federated Investors, Inc. provides investment management products and related financial services. The Company sponsors, markets and provides investment-related services to various investment products, including mutual funds and Separate Accounts (which include separately managed accounts, institutional accounts, sub-advised funds and other managed products).</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=HRB">H&amp;R Block Inc</a> | Commercial Serv-Finance | Yield: <strong>3.8</strong> | Beta: <strong>0.5</strong></div> <br class="clear" />	H&amp;R Block, Inc. provides a wide range of financial products and services through its subsidiaries. The Company provides tax services to the general public, accounting and consulting services, and consumer financial and personal productivity software. H&amp;R Block provides its tax services to clients in the United States and other countries.</div>

<br />


	<h3>Petites capitalisations américaines</h3>

<div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=OMI">Owens &amp; Minor Inc</a> | Distribution/Wholesale | Yield: <strong>2.4</strong> | Beta: <strong>0.5</strong></div> <br class="clear" />	Owens &amp; Minor, Inc. distributes medical/surgical supplies throughout the United States. The Company&#8217;s customers include hospitals, integrated healthcare systems, and group purchasing organizations. Owens &amp; Minor also provides services in supply chain management, logistics, and technology.</div>

	<h3>Opportunités d&#8217;achat actions : remarques</h3>

	<p>Ces opportunités (opportunités et non conseils) d&#8217;achat sont issues d&#8217;un filtrage quantitatif d&#8217;après des données provenant de <a href="http://www.bloomberg.com">Bloomberg</a> et <a href="http://finance.yahoo.com">Yahoo</a>, qui peuvent comporter des erreurs, particulièrement au niveau du rendement sur dividendes.</p>

	<p>Rappelez-vous que le choix des actions n&#8217;est qu&#8217;un bout d&#8217;une stratégie patrimoniale. <a href="/blog/rentier/article/91">L&#8217;investisseur heureux</a> préconise une diversification maximale, en terme de classes d&#8217;actifs (monétaire, obligataire, immobilier, actions&#8230;), zones géographiques et secteurs.</p>
      ]]></content>
    </entry>

    <entry>
      <title>Achat actions : opportunités au 24/07/2010</title>
      <link rel="alternate" type="text/html" href="http://www.devenir-rentier.fr/blog/rentier/article/239/" />
      <id>tag:devenir-rentier.fr,2010:http://www.devenir-rentier.fr/blog/rentier/article/239/</id>
      <published>2010-07-24T06:57:56Z</published>
      <updated>2010-09-01T14:28:57Z</updated>
      <author>
            <name>L'investisseur heureux</name>
            <uri>http://www.devenir-rentier.fr/blog/</uri>      </author>

      <categorie term="Actions"
        scheme="http://www.devenir-rentier.fr/blog/rentier/categorie/C13/"
        label="Actions" />
      <content type="html"><![CDATA[
        	<h3>Grandes capitalisations européennes</h3>

<div class="lettre_hebdo_secteur">consommation de base</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">consommation discrétionnaire</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">energie</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=FP.PA">Total SA</a> | Oil Comp-Integrated | Rdt% : <strong>6.0</strong> | Beta : <strong>1.0</strong></div> <br class="clear" />	Total SA explores for, produces, refines, transports, and markets oil and natural gas. The Company also operates a chemical division which produces polypropylene, polyethylene, polystyrene, rubber, paint, ink, adhesives, and resins. Total operates gasoline filling stations in Europe, the United States, and Africa.</div><div class="lettre_hebdo_secteur">services financiers</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">santé</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 46px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=SAN.PA">Sanofi-Aventis SA</a> | Medical-Drugs | Rdt% : <strong>5.3</strong> | Beta : <strong>0.9</strong></div> <br class="clear" />	Sanofi-Aventis is a global pharmaceutical company that researches, develops and manufactures prescription pharmaceuticals and vaccines. The Company develops cardiovascular, thrombosis, metabolic disorder, central nervous system, internal medicine and oncology drugs, and vaccines.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 58px; background-image: url(/images/investir/layout/5_star_vert.gif);">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=ROG.VX">Roche Holding AG</a> | Medical-Drugs | Rdt% : <strong>4.4</strong> | Beta : <strong>1.0</strong></div> <br class="clear" />	Roche Holding AG develops and manufactures pharmaceutical and diagnostic products. The Company produces prescription drugs in the areas of cardiovascular, infectious, autoimmune, and respiratory diseases, dermatology, metabolic disorders, oncology, transplantation, and the central nervous system.</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=BA.L"><span class="caps">BAE</span> Systems <span class="caps">PLC</span></a> | Aerospace/Defense | Rdt% : <strong>5.6</strong> | Beta : <strong>0.8</strong></div> <br class="clear" />	<span class="caps">BAE</span> Systems plc develops, delivers, and supports advanced defense and aerospace systems. The Group manufactures military aircraft, surface ships, submarines, radar, avionics, communications, electronics, and guided weapon systems. <span class="caps">BAE</span> Systems services clients located throughout the world.</div><div class="lettre_hebdo_secteur">matériaux de base</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 41px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=SYNN.VX">Syngenta AG</a> | Agricultural Chemicals | Rdt% : <strong>2.6</strong> | Beta : <strong>0.8</strong></div> <br class="clear" />	Syngenta AG produces crop protection products and seeds. The Company produces herbicides, insecticides and fungicides, and seeds for field crops, vegetables, and flowers.</div><div class="lettre_hebdo_secteur">services de télécommunication</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 17px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=FTE.PA">France Telecom SA</a> | Telephone-Integrated | Rdt% : <strong>9.4</strong> | Beta : <strong>0.7</strong></div> <br class="clear" />	France Telecom SA provides telecommunications services to residential, professional, and large business customers. The Company offers public fixed-line telephone, leased lines and data transmission, mobile telecommunications, cable television, Internet and wireless applications, and broadcasting services, and telecommunications equipment sales and rentals.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=TIT.MI">Telecom Italia SpA</a> | Telephone-Integrated | Rdt% : <strong>5.2</strong> | Beta : <strong>0.9</strong></div> <br class="clear" />	Telecom Italia S.p.A., through subsidiaries, offers fixed line and mobile telephone and data transmission services in Italy and abroad. The Company offers local and long-distance telephone, satellite communications, Internet access, and teleconferencing services.</div><div class="lettre_hebdo_secteur">services aux collectivités</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=CEI.PA">Areva SA</a> | Energy-Alternate Sources | Rdt% : <strong>2.1</strong> | Beta : <strong>0.8</strong></div> <br class="clear" />	Areva SA offers technological solutions for nuclear power generation and electricity transmission and distribution. The Company also manufactures nuclear measurement equipment, transportation safety systems, along with the recycling and reprocessing of nuclear fuel.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 17px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=NG.L">National Grid <span class="caps">PLC</span></a> | Electric-Transmission | Rdt% : <strong>8.2</strong> | Beta : <strong>0.8</strong></div> <br class="clear" />	National Grid <span class="caps">PLC</span> owns, operates and develops electricity and gas networks. The Group&#8217;s electricity transmission and gas distribution networks are located throughout the United Kingdom and in the north-eastern section of the United States. They also own liquefied natural gas storage facilities in Britain and provide infrastructure services to the mobile telecom industry.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 24px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=RWE.DE"><span class="caps">RWE</span> AG</a> | Electric-Integrated | Rdt% : <strong>6.5</strong> | Beta : <strong>0.9</strong></div> <br class="clear" />	<span class="caps">RWE</span> AG generates, distributes, and trades electricity to municipal, industrial, commercial, and residential customers. The Company produces natural gas and oil, mines coal, delivers and distributes gas, and supplies drinking water. <span class="caps">RWE</span> AG operates mainly in Europe.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 29px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=EDF.PA"><span class="caps">EDF</span> SA</a> | Electric-Integrated | Rdt% : <strong>3.6</strong> | Beta : <strong>0.9</strong></div> <br class="clear" />	<span class="caps">EDF</span> SA (Electricite de France) produces, transmits, distributes, imports and exports electricity. The Company, using nuclear power, coal and gas, provides electricity for French energy consumers.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 41px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=EOAN.DE">E.ON AG</a> | Electric-Integrated | Rdt% : <strong>6.7</strong> | Beta : <strong>1.0</strong></div> <br class="clear" />	E.ON AG operates in power generation and gas production businesses. The Company&#8217;s operations include electric generation at conventional, nuclear, and renewable-source facilities; electric transmission via high-voltage wires network; regional distribution of electricity, gas, and heat; power trading and electricity, gas, and heat sales.</div><div class="lettre_hebdo_secteur">foncière cotée</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div>

<br />


	<h3>Moyennes capitalisations européennes</h3>

<div class="lettre_hebdo_secteur">santé</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 24px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=IPN.PA">Ipsen SA</a> | Medical-Drugs | Rdt% : <strong>2.9</strong> | Beta : <strong>0.6</strong></div> <br class="clear" />	Ipsen SA manufactures and markets a wide range of medical drugs for targeted disease areas including oncology, endocrinology, and neuromuscular disorders.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 17px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=CLS1.DE">Celesio AG</a> | Medical-Whsle Drug Dist | Rdt% : <strong>2.8</strong> | Beta : <strong>0.7</strong></div> <br class="clear" />	Celesio AG wholesales and retails pharmaceuticals to customers in Europe. The Company wholesales pharmaceuticals, operates retail pharmacies, and provides logistics and transportation services for pharmaceuticals at local, national and European level.</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 41px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=FNC.MI">Finmeccanica SpA</a> | Aerospace/Defense | Rdt% : <strong>4.7</strong> | Beta : <strong>0.7</strong></div> <br class="clear" />	Finmeccanica SpA designs, develops, and produces a complete line of commercial and military aircraft, space systems, air defense systems and air and traffic control equipment. The Company also designs and constructs nuclear power plants, rail transportation systems, process control systems, and microprocessors.</div><div class="lettre_hebdo_secteur">matériaux de base</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=LONN.VX">Lonza Group AG</a> | Chemicals-Specialty | Rdt% : <strong>2.3</strong> | Beta : <strong>0.7</strong></div> <br class="clear" />	Lonza Group AG produces organic fine chemicals, biocides, active ingredients, and biotechnology products. The Company offers custom chemical manufacturing and fermentation processing and manufactures its products for the life sciences, pharmaceuticals, food processing, and agricultural products industries. Lonza operates production sites in Europe, the United States, and China.</div>

<br />


	<h3>Petites capitalisations européennes</h3>

<div class="lettre_hebdo_secteur">consommation discrétionnaire</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=LTO.MI">Lottomatica SpA</a> | Lottery Services | Rdt% : <strong>6.6</strong> | Beta : <strong>0.6</strong></div> <br class="clear" />	Lottomatica S.p.A. manages the Lotto Game for the Italian government, and also markets games, automated services and ticketing services. Through its Games division, the Company provides systems and products for games, and hardware and software systems to support sports and horse race betting.</div><div class="lettre_hebdo_secteur">services financiers</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=UFF.PA">Union Financiere de France <span class="caps">BQE</span> SA</a> | Invest Mgmnt/Advis Serv | Rdt% : <strong>5.7</strong> | Beta : <strong>0.6</strong></div> <br class="clear" />	Union Financiere de France Banque SA is a financial planning subsidiary of the Commercial Union group. The Company advises individual and corporate clients through financial counselors.</div><div class="lettre_hebdo_secteur">santé</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 24px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=GDS.PA">Generale de Sante SA</a> | Medical-Hospitals | Rdt% : <strong>10.8</strong> | Beta : <strong>0.5</strong></div> <br class="clear" />	Generale de Sante operates private hospitals. The Company operates hospitals in France, Italy, Portugal, and Canada.</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 24px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=DLAR.L">De La Rue <span class="caps">PLC</span></a> | Printing-Commercial | Rdt% : <strong>6.1</strong> | Beta : <strong>0.5</strong></div> <br class="clear" />	De La Rue plc group specializes in the supply of cash handling equipment and security products. The Company produces approximately 150 national currencies, electric transaction solutions and identity systems. Their various security items include stamps, vouchers, passports, travelers checks, drivers licenses and <span class="caps">ATM</span> mechanisms, as well as security papers, threads and tear tapes.</div>

<br />


	<h3>Grandes capitalisations américaines</h3>

<div class="lettre_hebdo_secteur">consommation de base</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">consommation discrétionnaire</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">energie</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 17px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=XOM">Exxon Mobil Corp</a> | Oil Comp-Integrated | Rdt% : <strong>2.8</strong> | Beta : <strong>0.4</strong></div> <br class="clear" />	Exxon Mobil Corporation operates petroleum and petrochemicals businesses on a worldwide basis. The Company&#8217;s operations include exploration and production of oil and gas, electric power generation, and coal and minerals operations. Exxon Mobil also manufactures and markets fuels, lubricants, and chemicals.</div><div class="lettre_hebdo_secteur">services financiers</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">santé</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=BAX">Baxter International Inc</a> | Medical Products | Rdt% : <strong>2.6</strong> | Beta : <strong>0.4</strong></div> <br class="clear" />	Baxter International Inc. develops, manufactures, and markets products and technologies related to hemophilia, immune disorders, infectious diseases, kidney disease, trauma and other chronic and acute medical conditions. The Company&#8217;s products are used by hospitals, kidney dialysis centers, nursing homes, rehabilitation centers, doctors&#8217; offices, and research laboratories.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=BDX">Becton Dickinson and Co</a> | Medical Products | Rdt% : <strong>2.2</strong> | Beta : <strong>0.6</strong></div> <br class="clear" />	Becton, Dickinson and Company manufactures and sells a variety of medical supplies and devices and diagnostic systems. The Company&#8217;s products are used by health care professionals, medical research institutions, and the general public. Becton&#8217;s products are marketed worldwide.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 41px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=JNJ">Johnson &amp; Johnson</a> | Medical Products | Rdt% : <strong>3.5</strong> | Beta : <strong>0.6</strong></div> <br class="clear" />	Johnson &amp; Johnson manufactures health care products and provides related services for the consumer, pharmaceutical, and medical devices and diagnostics markets. The Company sells products such as skin and hair care products, acetaminophen products, pharmaceuticals, diagnostic equipment, and surgical equipment in countries located around the world.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 41px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=PFE">Pfizer Inc</a> | Medical-Drugs | Rdt% : <strong>4.7</strong> | Beta : <strong>0.7</strong></div> <br class="clear" />	Pfizer Inc. is a research-based, global pharmaceutical company that discovers, develops, manufactures, and markets medicines for humans and animals. The Company&#8217;s products include prescription pharmaceuticals, non-prescription self-medications, and animal health products such as anti-infective medicines and vaccines.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 17px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=MDT">Medtronic Inc</a> | Medical Instruments | Rdt% : <strong>2.3</strong> | Beta : <strong>0.8</strong></div> <br class="clear" />	Medtronic, Inc. develops therapeutic and diagnostic medical products. The Company&#8217;s principal products include those for bradycardia pacing, tachyarrhythmia management, atrial fibrillation management, heart failure management, heart valve replacement, malignant and non-malignant pain, and movement disorders. Medtronic&#8217;s products are sold worldwide.</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">matériaux de base</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">services de télécommunication</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">services aux collectivités</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">foncière cotée</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div>

<br />


	<h3>Moyennes capitalisations américaines</h3>

<div class="lettre_hebdo_secteur">services financiers</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 17px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=PBCT">People&#8217;s United Financial Inc</a> | S&amp;L/Thrifts-Eastern US | Rdt% : <strong>4.4</strong> | Beta : <strong>0.1</strong></div> <br class="clear" />	People&#8217;s United Financial Inc. is a bank holding company. The Company, through its banking subsidiary, offers a full range of financial services to individual, corporate, and municipal customers primarily in Connecticut. The Bank issues credit cards and provides brokerage and investment planning, asset management, equipment leasing, and insurance services.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 53px; background-image: url(/images/investir/layout/5_star_vert.gif);">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=HCBK">Hudson City Bancorp Inc</a> | S&amp;L/Thrifts-Eastern US | Rdt% : <strong>5.0</strong> | Beta : <strong>0.7</strong></div> <br class="clear" />	Hudson City Bancorp, Inc. is a bank holding company. The Company, through its banking subsidiary, is a federally chartered stock savings bank that offers traditional deposit products, residential real estate mortgage loans and consumer loans. Hudson also purchase mortgages and mortgage-backed securities and other securities issued by U.S. government-sponsored enterprises.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 24px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=FII">Federated Investors Inc</a> | Invest Mgmnt/Advis Serv | Rdt% : <strong>10.6</strong> | Beta : <strong>0.7</strong></div> <br class="clear" />	Federated Investors, Inc. provides investment management products and related financial services. The Company sponsors, markets and provides investment-related services to various investment products, including mutual funds and Separate Accounts (which include separately managed accounts, institutional accounts, sub-advised funds and other managed products).</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 17px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=HRB">H&amp;R Block Inc</a> | Commercial Serv-Finance | Rdt% : <strong>3.9</strong> | Beta : <strong>0.5</strong></div> <br class="clear" />	H&amp;R Block, Inc. provides a wide range of financial products and services through its subsidiaries. The Company provides tax services to the general public, accounting and consulting services, and consumer financial and personal productivity software. H&amp;R Block provides its tax services to clients in the United States and other countries.</div><div class="lettre_hebdo_secteur">services de télécommunication</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 17px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=CEL">Cellcom Israel Ltd</a> | Cellular Telecom | Rdt% : <strong>11.9</strong> | Beta : <strong>0.6</strong></div> <br class="clear" />	Cellcom Israel Ltd. provides cellular communications services.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 17px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=PTNR">Partner Communications Co Ltd</a> | Cellular Telecom | Rdt% : <strong>14.0</strong> | Beta : <strong>0.6</strong></div> <br class="clear" />	Partner Communications Company Ltd. is a global systems for mobile communications (<span class="caps">GSM</span>) mobile telephone network operator in Israel. The Company, offers voice mail, voice messaging, information services, and data and fax transmission services.</div>

<br />


	<h3>Petites capitalisations américaines</h3>

<div class="lettre_hebdo_secteur">matériaux de base</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 24px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=TNH">Terra Nitrogen Co LP</a> | Agricultural Chemicals | Rdt% : <strong>7.0</strong> | Beta : <strong>0.5</strong></div> <br class="clear" />	Terra Nitrogen Company, L.P., through its subsidiaries, markets and produces nitrogen, fertilizer, crop protection products, and seed and services for agricultural, turf, ornamental, and other growers. The Company also produces nitrogen products and methanol for industrial customers.</div>

	<h3>Opportunités d&#8217;achat actions : remarques</h3>

	<p>Ces opportunités (opportunités et non conseils) d&#8217;achat sont issues d&#8217;un filtrage quantitatif d&#8217;après des données provenant de <a href="http://www.bloomberg.com">Bloomberg</a> et <a href="http://finance.yahoo.com">Yahoo</a>, qui peuvent comporter des erreurs, particulièrement au niveau du rendement sur dividendes.</p>

	<p>Rappelez-vous que le choix des actions n&#8217;est qu&#8217;un bout d&#8217;une stratégie patrimoniale. <a href="/blog/rentier/article/91">L&#8217;investisseur heureux</a> préconise une diversification maximale, en terme de classes d&#8217;actifs (monétaire, obligataire, immobilier, actions&#8230;), zones géographiques et secteurs.</p>
      ]]></content>
    </entry>

    <entry>
      <title>Achat actions : opportunités au 19/07/2010</title>
      <link rel="alternate" type="text/html" href="http://www.devenir-rentier.fr/blog/rentier/article/238/" />
      <id>tag:devenir-rentier.fr,2010:http://www.devenir-rentier.fr/blog/rentier/article/238/</id>
      <published>2010-07-19T08:17:22Z</published>
      <updated>2010-09-01T14:35:23Z</updated>
      <author>
            <name>L'investisseur heureux</name>
            <uri>http://www.devenir-rentier.fr/blog/</uri>      </author>

      <categorie term="Actions"
        scheme="http://www.devenir-rentier.fr/blog/rentier/categorie/C13/"
        label="Actions" />
      <content type="html"><![CDATA[
        	<h3>Grandes capitalisations européennes</h3>

<div class="lettre_hebdo_secteur">consommation de base</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">consommation discrétionnaire</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=VIV.PA">Vivendi SA</a> | Multimedia | Yield: <strong>8.1</strong> | Beta: <strong>0.8</strong></div> <br class="clear" />	Vivendi, through its subsidiaries, conducts operations ranging from music, games and television to film and telecommunications. The Company provides digital and pay television services, sells music compact discs (CDs), develops and distributes interactive entertainment, and operates mobile and fixed-line telecommunications.</div><div class="lettre_hebdo_secteur">energie</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=FP.PA">Total SA</a> | Oil Comp-Integrated | Yield: <strong>6.0</strong> | Beta: <strong>1.0</strong></div> <br class="clear" />	Total SA explores for, produces, refines, transports, and markets oil and natural gas. The Company also operates a chemical division which produces polypropylene, polyethylene, polystyrene, rubber, paint, ink, adhesives, and resins. Total operates gasoline filling stations in Europe, the United States, and Africa.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=ENI.MI"><span class="caps">ENI</span> SpA</a> | Oil Comp-Integrated | Yield: <strong>6.5</strong> | Beta: <strong>1.0</strong></div> <br class="clear" />	Eni S.p.A. explores for and produces hydrocarbons in Italy, Africa, the North Sea, the Gulf of Mexico, Kazakhstan, and Australia. The Company both produces natural gas and imports it for sale in Italy and elsewhere in Europe. Eni transports natural gas in pipelines. The Company generates and trades electricity, refines oil, and operates gasoline service stations.</div><div class="lettre_hebdo_secteur">santé</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 53px; background-image: url(/images/investir/layout/5_star_vert.gif);">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=ROG.VX">Roche Holding AG</a> | Medical-Drugs | Yield: <strong>4.2</strong> | Beta: <strong>1.0</strong></div> <br class="clear" />	Roche Holding AG develops and manufactures pharmaceutical and diagnostic products. The Company produces prescription drugs in the areas of cardiovascular, infectious, autoimmune, and respiratory diseases, dermatology, metabolic disorders, oncology, transplantation, and the central nervous system.</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">matériaux de base</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div><div class="lettre_hebdo_secteur">services de télécommunication</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=FTE.PA">France Telecom SA</a> | Telephone-Integrated | Yield: <strong>9.5</strong> | Beta: <strong>0.7</strong></div> <br class="clear" />	France Telecom SA provides telecommunications services to residential, professional, and large business customers. The Company offers public fixed-line telephone, leased lines and data transmission, mobile telecommunications, cable television, Internet and wireless applications, and broadcasting services, and telecommunications equipment sales and rentals.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 41px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=TIT.MI">Telecom Italia SpA</a> | Telephone-Integrated | Yield: <strong>5.5</strong> | Beta: <strong>0.9</strong></div> <br class="clear" />	Telecom Italia S.p.A., through subsidiaries, offers fixed line and mobile telephone and data transmission services in Italy and abroad. The Company offers local and long-distance telephone, satellite communications, Internet access, and teleconferencing services.</div><div class="lettre_hebdo_secteur">services aux collectivités</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=ELE.MC">Endesa SA</a> | Electric-Integrated | Yield: <strong>5.7</strong> | Beta: <strong>0.8</strong></div> <br class="clear" />	Endesa, S.A. generates, distributes, and trades electricity in Spain, Italy, France, Portugal, North Africa, and Latin America. The Company distributes natural gas, operates co-generation plants, and treats and distributes water.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=ENEL.MI">Enel SpA</a> | Electric-Integrated | Yield: <strong>6.9</strong> | Beta: <strong>0.8</strong></div> <br class="clear" />	Enel S.p.A. generates, transmits, distributes, and trades electricity. The Company operates hydroelectric, geothermal, and other generating plants. Enel, through subsidiaries, also provides fixed-line and mobile telephone services, installs public lighting systems, and operates real estate, factoring, insurance, telecommunications, and Internet service provider businesses.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 41px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=NG.L">National Grid <span class="caps">PLC</span></a> | Electric-Transmission | Yield: <strong>8.5</strong> | Beta: <strong>0.8</strong></div> <br class="clear" />	National Grid <span class="caps">PLC</span> owns, operates and develops electricity and gas networks. The Group&#8217;s electricity transmission and gas distribution networks are located throughout the United Kingdom and in the north-eastern section of the United States. They also own liquefied natural gas storage facilities in Britain and provide infrastructure services to the mobile telecom industry.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 53px; background-image: url(/images/investir/layout/5_star_vert.gif);">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=RWE.DE"><span class="caps">RWE</span> AG</a> | Electric-Integrated | Yield: <strong>6.7</strong> | Beta: <strong>0.9</strong></div> <br class="clear" />	<span class="caps">RWE</span> AG generates, distributes, and trades electricity to municipal, industrial, commercial, and residential customers. The Company produces natural gas and oil, mines coal, delivers and distributes gas, and supplies drinking water. <span class="caps">RWE</span> AG operates mainly in Europe.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 17px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=GSZ.PA"><span class="caps">GDF</span> Suez</a> | Electric-Integrated | Yield: <strong>6.0</strong> | Beta: <strong>0.9</strong></div> <br class="clear" />	<span class="caps">GDF</span> Suez offers a full range of natural gas and associated energy services throughout the world. <span class="caps">GDF</span> produces, trades, transports, stores and distributes natural gas, and offers energy management and climatic and thermal engineering services.</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 58px; background-image: url(/images/investir/layout/5_star_vert.gif);">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=EDF.PA"><span class="caps">EDF</span> SA</a> | Electric-Integrated | Yield: <strong>3.8</strong> | Beta: <strong>0.9</strong></div> <br class="clear" />	<span class="caps">EDF</span> SA (Electricite de France) produces, transmits, distributes, imports and exports electricity. The Company, using nuclear power, coal and gas, provides electricity for French energy consumers.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 58px; background-image: url(/images/investir/layout/5_star_vert.gif);">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=EOAN.DE">E.ON AG</a> | Electric-Integrated | Yield: <strong>6.9</strong> | Beta: <strong>1.0</strong></div> <br class="clear" />	E.ON AG operates in power generation and gas production businesses. The Company&#8217;s operations include electric generation at conventional, nuclear, and renewable-source facilities; electric transmission via high-voltage wires network; regional distribution of electricity, gas, and heat; power trading and electricity, gas, and heat sales.</div><div class="lettre_hebdo_secteur">foncière cotée</div><div class="lettre_hebdo_valeur_last">Aucune action ne répond aux critères quantitatifs !</div>

<br />


	<h3>Moyennes capitalisations européennes</h3>

<div class="lettre_hebdo_secteur">santé</div><div class="lettre_hebdo_valeur_next"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 29px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=IPN.PA">Ipsen SA</a> | Medical-Drugs | Yield: <strong>2.8</strong> | Beta: <strong>0.7</strong></div> <br class="clear" />	Ipsen SA manufactures and markets a wide range of medical drugs for targeted disease areas including oncology, endocrinology, and neuromuscular disorders.</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 10px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=CLS1.DE">Celesio AG</a> | Medical-Whsle Drug Dist | Yield: <strong>2.7</strong> | Beta: <strong>0.7</strong></div> <br class="clear" />	Celesio AG wholesales and retails pharmaceuticals to customers in Europe. The Company wholesales pharmaceuticals, operates retail pharmacies, and provides logistics and transportation services for pharmaceuticals at local, national and European level.</div><div class="lettre_hebdo_secteur">industrie</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 46px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=FNC.MI">Finmeccanica SpA</a> | Aerospace/Defense | Yield: <strong>4.8</strong> | Beta: <strong>0.7</strong></div> <br class="clear" />	Finmeccanica SpA designs, develops, and produces a complete line of commercial and military aircraft, space systems, air defense systems and air and traffic control equipment. The Company also designs and constructs nuclear power plants, rail transportation systems, process control systems, and microprocessors.</div><div class="lettre_hebdo_secteur">matériaux de base</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 24px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=LONN.VX">Lonza Group AG</a> | Chemicals-Specialty | Yield: <strong>2.5</strong> | Beta: <strong>0.7</strong></div> <br class="clear" />	Lonza Group AG produces organic fine chemicals, biocides, active ingredients, and biotechnology products. The Company offers custom chemical manufacturing and fermentation processing and manufactures its products for the life sciences, pharmaceuticals, food processing, and agricultural products industries. Lonza operates production sites in Europe, the United States, and China.</div><div class="lettre_hebdo_secteur">foncière cotée</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=MERY.PA">Mercialys SA</a> | <span class="caps">REITS</span>-Diversified | Yield: <strong>4.3</strong> | Beta: <strong>0.6</strong></div> <br class="clear" />	Mercialys operates the strategic retail property business of Casino GuichardPerrachon SA, or Groupe Casino. The Company manages a large portfolio of shopping centers and restaurants adjacent to the Group&#8217;s own stores. Mercialys opted for the <span class="caps">SIIC</span> legal status in 2005.</div>

<br />


	<h3>Petites capitalisations européennes</h3>

<div class="lettre_hebdo_secteur">consommation discrétionnaire</div><div class="lettre_hebdo_valeur_last"><div class="lettre_hebdo_valeur_note_fond"><div class="lettre_hebdo_valeur_note" style="width: 22px;">&nbsp;</div></div><div style="float:right;"><a href="http://fr.finance.yahoo.com/q?s=LTO.MI">Lottomatica SpA</a> | Lottery Services | Yield: <strong>6.6</strong> | Beta: <strong>0.6</strong></div> <br class="clear" />	Lottomatica S.p.A. manages the Lotto Game for the Italian government, and also markets games, automated services and ticketing services. Through its Games division, the Company provides systems and products for games, and hardware and software systems to support sports and horse race betting.</div>

	<h3>Opportunités d&#8217;achat actions : remarques</h3>

	<p>Ces opportunités (opportunités et non conseils) d&#8217;achat sont issues d&#8217;un filtrage quantitatif d&#8217;après des données provenant de <a href="http://www.bloomberg.com">Bloomberg</a> et <a href="http://finance.yahoo.com">Yahoo</a>, qui peuvent comporter des erreurs, particulièrement au niveau du rendement sur dividendes.</p>

	<p>Rappelez-vous que le choix des actions n&#8217;est qu&#8217;un bout d&#8217;une stratégie patrimoniale. <a href="/blog/rentier/article/91">L&#8217;investisseur heureux</a> préconise une diversification maximale, en terme de classes d&#8217;actifs (monétaire, obligataire, immobilier, actions&#8230;), zones géographiques et secteurs.</p>
      ]]></content>
    </entry>


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