TheChek News Flow

HOUSE BUILDERS - May RICS survey at 17 vs 20 est,price expectations at -1..-0.5%

AUTO TRADER - revs +9% £311.4m,op.profit +18%,EPS +22%,visits +16%...........+2%

CMC MARKETS - difficult yr but all known,fundamentals continue to improve....+3%

WORKSPACE - In talks over Finsbury Circus property for 158m.................UNCH

BOOHOO - Succesful £50m fundraise of 36.6m shares at 220p....................+3%

ULTRA ELECTRONICS - ULE's Ocean Systems business awarded $10m contract.....+0.5%

SCISYS - encouraging order intake,revs and profits in line,sees strong H2....+3%

VOLEX - revs -13%,takes $12m impairment change...............................-2%

IP GROUP - placing raising £207m @ 140p demand from new & existing holders...+2%

COMPASS - share consolodation 26 shares into 25 shares by 25th June.........UNCH

CS
AB Inbev -0.5% Peer Molson Coors -7%, disappointed on margin guidance

Allianz +1% Allianz considering buying out the 37% of Euler Hermes, BB

Autotrader +1% FY Revs 0.5% ahead, op profit 2% ahead, out look good

Euler Hermes +3-5% Allianz considering buying out the 37% of Euler Hermes, BB

Heidel Druck +1-2% Sees FY Ebitda margin 7-7.5% consensus at 7.21

Miners +0.5% Copper +0.70%, Brent -0.50%, Iron Ore +1.00%, China +0.30%

Oils -0.5-1% Weak in the US. 9 of 10 weakest S&P names were oil

Pernod +0.5% Positive read from Remy numbers

Remy +2% EBIT €226m vs cons €211m, Short interest at 7.8%

RWE M/P CS DOWNGRADE to NEUTRAL (Valuation), upgraded away from us

Thyssen +2% CS REITERATE OUTPERFORM (TP raised to 33 from 30)

Ultra Elecs M/P Awarded a contract valued at $10 million

Workspace M/P Confirms discussions about potential acq of Salisbury House

*ALLIANZ-Explores buying rest of Euler Hermes(37% worth €1.5b)......U/C

*DANSKE BK-CEO says Capital position strong, grth Norway/Sweden......+0.5%

*PERNOD-To acquire majority stake in Del Maguey(Sales $80m 2015)....U/C

*ELIS-Agress in principle on £2.2b offer for Berendsen(cash/stk)....-1%

*DRILLISCH-Board sees Utd Internet bid as adequate, c/saves 250m.....-0.25%

*HELVETIA-Fin targets remain unch, making good progress................+0.25%

*ACTELION-Impact 2 did not meet primary endpoint program............+3%

*REMY-FY Net 190m(128),OP 226m(209),Divi 1.65(1.64),SI 7.2%.........+1%

*ROCKET-Kinnevik sells 10.9m shs(remaining stake),price €20,SI 20%..-4%

TradeGate
RWE +1.4%

E.On +1.4%

RHM -0.9%

AB1 +3.1%