ML Indications:
KIER - Inline. All divisions performing well with strong pipelines of biz.+2%
MINERS - Copper +0.7%, Iron Ore fut -0.67% & BHP OZ +2.1%, RIO OZ +4%.....+2%
DEUTSCHE BANK - CEO Cryan says that bank will not need a capital hike.....+2%
NOVARTIS - Spec to sell 33.3% stake in Roche to investors by end of yr..+1-2%
COBHAM - Positive. Contract extension worth A$1.2bn over 10 years.........+1%
LUFTHANSA - +ve. Hires ex-swiss unit executive Svennson to fill CFO gap...+1%
ROCHE - Novartis said to be looking into selling its stake by yr end......u/c
SWEDISH MATCH - Submits applications for UK court to review ban of snuff..u/c
TUI - CEO reits target of increasing op profit by 10% in next 3 yrs.......u/c
BUREAU VERITAS - We DOWNGRADE to Underperform, increasingly GDP sensitive.-1%
MITIE - We DOWNGRADE to Neutral. Will feels slowing economic growth.......-1%
ISS - We DOWNGRADE to Underperform, PO 230p. 15% of ops are in the UK.....-1%