CSFB
BT -1-2% Negative Ofcom update, to pay GBP300m to comms providers
Exova R Has received a cash offer, says in talks
Faurecia M/P Agrees to buy 20% of Parrot Automotive, EV of EU100m
Generali +1 Market likely to speculate possible M&A post Zurich story
Miners -2-3% Copper -1.05%, Brent +0.20%, Iron Ore -3.45%, China UNCH
Oils UNCH US rig count +20 from 789 to 809. Brent +20bps to $50.7
South32 UNCH Announces $500m on market share buyback
Stroeer UNCH FY results in line with prelims
Teliaconera M/P May issue a hybrid bond of EU1b-2b
Thyssen M/P Steel Pioneer Thyssenkrupp Is Getting Out of Steel (DGM)
Zodiac +1% CS UPGRADE to OUTPERFORM (revised deal can be reached)
Zurich -2% Said to seek backing for up to Eur13b capital raise
Shore
BT - Openreach fined £42m by Ofcom,sets aside £300m compensation provision..-5%
EXOVA - confirms has received proposals regarding possible cash offers....+tive
YOUGOV - rev +24% £51.4m,op.profit +33% £5.7m,EPS +21%,H2 starts positively.+1%
WOOD GROUP - awarded $50m North Sea contract with Premier Oil.............+0.5%
INSPIRED ENERGY - rev +42% £21.5m,PBT +38%,procurement order book +14%.....UNCH
K3 BUSINESS TECH - H1 trading in line,profits impacted by sales slippage...UNCH
FIRSTGROUP - Welcome DFT intention to award Rail franchise to JV...........UNCH
MF
*ZURICH INS-To seek backing for up to €13b Capital raise - Sole.......-1%
*DAIMLER-Acquires 15% in Lei Shing Hong(Merc Dealer) - Press...........-0.25%
*AURUBIS-Doesn't rule out large takeovers says CEO - Sonntag...........-0.5%
*DBK-To sell ite Renewable Assets in Spain,no fins - Expansion.........-1%
*FAURECIA-May buy all of Parrot Auto by 2022,taking 20% now............-0.25%
*DANONE-Seeks to fully-own Brookside Dairy Tanzania(owns 40%)..........U/C
*BT-Openreach Unit fined £42m by the UK Regulator-high speed cable.....-2%
*RICHEMONT-Sees growth in all segments in China,HK/Macau slow..........-0.5%
*ACCOR-AccorHotels in talks to buy 40% of Potel & Chabot,sales €100m...-0.25%
*STADA-Platow-Brief says PE will bid more than €60 this week..........+2%
*LVMH-Tag Heuer CEO sees Swiss watch inds improving in 2017............+0.5%