BofAML EMEA Indications
INMARSAT - AirAsia signs MoU to upgrade to GX Aviation inflight Wi-Fi (857).+2%
PREMIER OIL - Sold Pakistan biz for US$66m. Long expected transaction (62)..+2%
ITALIAN BANKS - Vicenza & Veneto eligible for state aid. Midcaps up more..+1-3%
AZIMUT - Preannounced Q1 guidance ahead of ests on net profit; +ve (16.6).+1-2%
MINERS - Copper +1.15%, Iron Ore fut +2% with BHP OZ +3.2%, RIO OZ +2.65%...+1%
W.DEMANT - CEO tells Jyllands-Posten is interested in M&A. U/G'd away (148).+1%
SYNGENTA - ChemChina wins US approval. We now wait for Mofcom (China) (452).+1%
ROCHE - Gets FDA approval for Histology Pre-Cancer Test. Not material (257).u/c
GALLIFORD - Co says is no longer considering a combination with Bovis (1462)u/c
ROCKET - Global fashion group revs slightly better but EBITDA worse (15.5)..-1%
BOVIS - Galliford Try no longer considering a combination with Bovis (821)..-3%
RBC INDICATIONS
EURO STOXX +18bps FTSE FUTURE +31bps
*ACCOR: +1% signs partnership deal with UNIONPAY.
*BOVIS: -5% GALLIFORD reject merger, sales & revenue in line.
*CBK: 0% 7,500 job cuts, part of cost plan announced earlier this year.
*GSK: -2% recalling more than 593,000 VENTOLIN asthma inhalers due to defect.
*PREMIER OIL: +1% sale of Pakistan business for cash consideration $65.6M.
*ROCHE: 0% received FDA approval for CINTEC Histology test.
*SYNGENTA: +2% CHEMCHINA wins US approval for $43B takeover.
*WOOD GROUP: +2% increased estimated cost synergies for AMFW deal to $183M.
MainFirst Pre Mkt Indications
*SYNGENTA-Chemchina approved by US Competition Authority.............+1.5%
*ABB-Mulled buying Rockwell Automation($20b MC) says Streetinsider...+0.25%
*ABENGOA-To sell stake in US Unit,Sees '17 Rev €2.5-3b(1.5b '16).....+0.5%
*ROCHE-Gets FDA clearance for Cintec-Histology-Test,pre-cervical.....+0.25%
*POPS-Hires BOA to consider sale of Wizink worth €2,5bln.............+0.5%
*EVOTEC-Achieves 1st milestone in diabetes alliance with Sanofi......+3%
*AURUBIS-Sees strong scrap supply after China regeneration...........+0.25%
*AZIMUT-Expects Q1 Net €57-€67m,Rev €198-€215m(No Cons,up QoQ).......+0.5%
*EDAG-FY Rev 715m(722),Adj Ebit 43.8m(44),Div 75c(65),o/lk ok........+1.5%
*ROCKET INTERNET-Global Fashion FY Net Rev tops €1b..................+0.25%
*ACCOR-Hotels & UnionPay team up to offer payment solutions..........+0.5%