RBC PRE-MKT INDICATIONS
ADP +1% Rtrs reports that CAISSE DES DEPOTS may consider take in company
ADP +1% Rtrs reports that CAISSE DES DEPOTS may consider take in company
AIR FRANCE +2% Strong June traffic, Load factor +2.2%, Consensus still too low.
ALMIRALL -10% Profit warning, reducing FY sales forecast -10% due to US biz
AVEVA +2% S.Times speculating that SCHNEIDER close to new bid for AVEVA
BT +1% Telegraph reports BT plotting major corporate shake-up
CARILLION -25% Awful trading statement, suspends div, CEO steps down
CENTAMIN -2% Q2 Production a tad light, Gold a touch weaker overnight as well
EASYJET +1% Reports DIXONS CEO to ITV - and not EASYJET. Small positive.
ITV 0% Press reports DIXONS CEO could be candidate for ITV
MAERSK -1% COSTCO SHIPPING to acquire ORIENT OVERSEAS (+19.5%) for $6.3bln.
NORSKE H. 0% Agrees to acquire ORKLA Sapa interest for NK 27bln ($3.2bln)
TEL. ITALIA 0% CEO to consider exit, unhappy about VIV influence
UNILEVER +1% Susquehanna suggest KRAFT 75% likely to make hostile bid for UNA
WPP/PUB -1% DENTSU (-1.72%) announced June net ad sales -13% YoY
Investec UK & Euro Pre Mkt Indications
UK
* AVEVA: Schneider Electric said to be interested in Aveva again - ST.......+3%
* CARILLION: Messy warning, cashflow issues, FY to be below guidance........-20%
* CENTRICA: Bid spec in press (market reports story for the move really)....+1%
* CENTAMIN: bounces back after weak Q1. maintains '17 production guidance...+2%
* OPHIR: COO to step down, announces further cost reductions...............-0.5%
* SAINSBURY: Nisa shopkeepers pooling shares to oust Nick Read - ST.........unch
* TALK TALK: Group CFO Iain Torrens to step down, Kate Ferry to suceed......unch
* UNILEVER: broker spec of 75% chance Kraft come back with hostile bid......+1%
* UNITE: +ve 1/4ly USAF & LSAV valuation update............................+0.5%
* WOOD GROUP: Contract win from Maersk, 3 years, no numbers.................unch
EUROPE
* ADP-Caisse des Depots may consider buying stake if Govt sells(Rtrs).......+1%
* AIR FRANCE-June passengers +8.2%..........................................+2%
* ALMIRALL-cuts FY estimates, conf call at 10am.............................-10%
* CREDIT AG-Cariparma may buy 3 Italian banks for €1(Messagero).Was rmrd b4..U/C
* EDF-may not be part of French Govt asset sales (Rtrs).....................+2%
* EUROFINS-buys Amastigroup for €130m + debt................................+1%
* EURONEXT-can spend up to $2.3bn on acquisitions says CEO..................U/C
* ICA-June sales due pre mkt
* KONE-gets order for 196 elevators, escalators in China...................+1.5%
* MAERSK-‘welcomes consolidation’ as Cosco offers $6.3bn for Orient O/seas...+1%
* NORSK HYDRO-buys out ORKLA(+2%) stake in Sapa JV, EV $3.2bn...............U/C
* REFRESCO-may merge with COT US to fend off PAI offer......................-1%
* SCHNEIDER-said to mull new bid for Aveva (S Times)........................U/C
* TIT-CEO said to discuss exit w/Vivendi, concerned can't run as he wants...-1%
Other
* ROCHE-Analyst briefing after close
* UNILEVER-broker note says K
Shore
AVEVA - Schneider Eletric to plan new bid for AVV (S.Times)..................+2%
CARILLION - revs & op.profit below mgmt expectations,suspends 2017 divi's...-15%
CENTAMIN - Q2 gold production +14% on Q1,maintains FY g'dance................+1%
MARKET TECH - Fire at Camden Lock Market was under control by early Monday..UNCH
FLOWTECH - H1 revs +24.7%,acquisitions have strengthened position,FY in line.+1%
MICHELMERSH - chosen to supply 440k bricks to Battersea Power Station........+1%
UNITE GROUP - portfolio +0.9% on LfL basis,reservations perform strongly....UNCH
BT - calls in McKinsey to conduct review with aim of saving money (T'graph).UNCH