TheChek News Flow

BAML:
ARYZTA - Q3 sales 3.7% ahead, org growth better at 0% v cons -3.2% (33.9).+2%

BT - Appealing to end accruals in its defined-benefits pension scheme (316).+1%

LSE - Inline. Citi is selling them their fixed income index business (3425).+1%

INTU - Sales of 50% of Xanadu as expected. Should be reassuring today (272).+1%

H&M - Senti +ve. Chairman Persson bought 1.9m shrs for SEK227.9/shr (224).+0.5%

ASML - +ve. Samsung said to be in final talks to build no2 prodn line(120)+0.5%

MINERS - Copper -0.5%, Iron Ore fut closed and BHP OZ +1.05%, RIO OZ +1.07%.u/c

LINDE - Said to receive cEUR1b order from Russia; Sueddeutsche reports (171)u/c

INFINEON - CEO says is still seeking acquistions in the US; Faz reports (20)u/c

AKZO - Amsterdam court rejects Elliot's bid to oust Chairman Burgmans (75)..-2%

RYANAIR - Fares to decline -5-7% on weaker GBP & announce a buyback (18)..-2-3%

IAG - System issues likely to cost co cEUR100m in exceptional line (595.6)..-3%


Investec:
EU
* AKZO-Elliott fails to win court backing to oust Chairman..................-2%

* ARYZTA-Q3 revs better, margins under pressure, no o/look. 12% short base..+2%

* ELIOR-says org sales accelerated in Q2,reits FY f/casts.Appoints new CEO..+1%

* IAG-IT issues seen costing €100m. Seen lower again today (-2.7% y’day)....-2%

* LINDE-said to receive €1bn order for Russian gas facility(SDD)............+1%

* L’OREAL-Chinas Renhe said to weigh Body Shop bid(Sky).....................U/C

* NESTLE-to reduce Maggi salt content, sees sales rising 3%-5% pa.........+0.5%

* RAIFFEISEN-said to ask regulator to delay ipo of Polish unit............+0.5%

* Investor Days : AXA, NOVARTIS

* AMERISUR-Successful test result at Mariposa well(Llanos Basin).........+3-4%

* ANLGOS-Competes sale of Darthbrook mine(sector +1%).......................+1%

* BABCOCK-In talks to land further European fighter pilot deals(S.Tele).....+1%

* CLS HDGS-Exchanged contract to acquire €35.6m Dortmund property..........unch

* GLENCORE-Sent letter to Aus. Authorities on copper costs(B'berg)..........+1%

* IAG-Shs (IAG SM) traded -3% yday..........................................-5%

* KAINOS-FY.5% u/l miss due to increased inv. in Health care.+ve o/look.....-2%

* KCOM-Investec appointed joint broker & Financial advisor.................unch

* LEG&GEN-Said to eye Br.Steel £15b pension liabilities(S.Times)...........unch

* LSE-Acquires F.I Analytic and Index business from Citi for $685m..........+1%

* RBS-Investors accepted £200m settlement over misled rights issue.(B'berg)unch

* RYANAIR-FY.#'s a small beat. Travel & Arrive(+6 1/2% laast 5 day)...........-2%

* SPORTECH-All conditions in relation the sale of the Pools now satisfied..unch


Macquarie:
* Anglo American AAL- Completes sales its 83.33% Interest in Dartbrook mine Australia. Unch

* IAG- Computer Failure over the weekend could cost Company up to £150m. -3%

* INTU- Forms JV with TH Real Estate for Madrid Xanadu Shopping Centre. Unch

* Legal & General LGEN- Spec to buy out £15bn ex Corus pension scheme (S. Times). -1%

* McCarthy & Stone MCS- Appoints John Tonkiss COO, previously was National Operations Director. Unch

* Ryanair RYA- FY17 Results inline with expectations, €600m share buyback. Unch


Mainfirst:
*CS-Singapore penalizes CS over 1MDB probe, fine S$0.7mln............U/C

*AKZO-Elliot fails to get court backing to oust Akzo Chairman........-1%

*LINDE-Said to receive €1bln order from Russia,signed Friday.........+1%

*ELIOR-H1 Sales 3.21b,Net 58m,Confirms FY targets,S/Int 2.8%.........+2%

*RYANAIR-NI 1.32b(1.32),2018 NI 1.4-1.45b(1.48),€600m b/b,Gd run.....-3%

*ARYZTA-Q3 Rev 975.2m(939.5),Still no guidance,NA m/pressure,SI 18%..+2.4%

*DUFRY-Hudson Grp wins contract at Raleigh-Durham airport............+0.5%

*IAG-Impact from the IT failure over the w/e est €100m-IAG -2.5%.....-2.5%

*NESTLE-To reduce salt in Maggi prods by 10%,sales +3-5% a year......U/C

*IFX-CEO still seeing aquistions in US - FAZ........................U/C

*BANCO POPULAR-Shared businesses hinder its sale says Expansion......-0.5%


CS:
Aryzta +2% Q3 Sales 4% ahead, ongoing margin pressure

Akzo -2-3% Wins court challenge From Elliott in takeover battle

Elior +2-3% Organic growth of 2.6%, CSe 1.4%, EBITDA 7% ahead

IAG -3% Weekend flight cancellations

LSE +1-2% To acquire The Yield Book and Citi Fixed Income Indices

Ryanair UNCH Net income ahead, 600m buyback announced

X-Fab -2% CFO Chris Förster to leave


Citi:
UK
* IAG - delays caused by computer sysyem failure at co's BA unit -3%

EU
* Arytza - Q3 revs beat,hired HSBC to advise on Picard stake options +1%
* Ryanair - fy revs/net in line,sees 8% rise in 2017/18 net,had run -1%
* Elior - H2 net rises 44%,confirms fy targets unch


Numis:
* LSE mkt LSEG has announced plans to acquire The Yield Book and Citi Fixed income Indices from Citi, including the World Government Bond Index (WGBI), for a total cash consideration for $685m (£535m)

* RENOLD MKT FY results in line with expectations; no change to FY18 forecasts


N+1 Singer:
UK 100

ANGLO AMERICAN (AAL) Unch * Completes sale of Dartbrook mine

INTU PROPERTIES (INTU) +0.5% * Forms new JV with TH Real Estate to own and manage Madrid shopping centre

ALLIED MINDS (ALM) +0.5% * Jill Smith appointed as CEO

BREWIN DOLPHIN (BRW) +0.25% * Raised to Buy at Peel Hunt

CLS HOLDINGS (CLI) +0.5% * Exchanged contracts to buy German office for EU35.6m

MCCARTHY & STONE (MCS) +0.25% * Appoints John Tonkiss as COO

MEGGITT (MGGT) +0.25% * Raised to Buy at Alphavalue

KAINOS (KNOS) +1% *In line prelims, Rev. +9%, adj. PTP £14.3m +1%, cash £23.7m +58%. Positive outlook.

LONMIN (LMI) -1% *Cut to Sell at Peel Hunt

PURETECH HEALTH (PRTC) Unch *PureTech's Vedanta granted new US Patent

RENOLD (RNO) FINALS/Unch *In line finals, Rev. £183.4m, Fy profit £4.8m, cash flow from ops. £7.4m. Says markets still uncertain.

BLANCCO TECH (BLTG) UNCH * Rob Woodward steps down as Chairman.

HORIZON DISC (HZD) UNCH * Broadly in line prelims see revenue +19% to £24.1m & ebitda loss down to £3.8m from £4.6m. £6.1m cash.

INDIGOVISION (IND) UNCH * Appointment of George Elliott as Chairman.

RHYTHMONE (RTHM) UNCH *N+1 Singer reiterate Buy recommendation and raise TP to 70p

SIGMA CAP (SGM) UNCH *Successful raise of £250m equity for PRS REIT enhances visibility.

SILENCE THERAP (SLN) UNCH * Continued expansion of IP with additional US patent application allowed for grant.