BAML
LUFTHANSA - & Etihad plan to expand ties to inc coop in catering (12.88)....+1%
MINERS - Copper -0.28%,Iron Ore fut closed with BHP OZ -0.58%,RIO OZ -0.3%..u/c
WIRECARD - Revs 1.6% ahead, EBITDA inline. Guidance €382-400m reit'd (45.1).u/c
MERCK - CEO sees higher synergies from Sigma deal; Handelsblatt (102.95)....u/c
RANDGOLD - RNS small +ve. Loulo-Gounkoto exceeds FY16 guide of 670koz (6580)u/c
BANKIA - NII broadly inline, trading slightly below. Payout unch (0.98)...-0.5%
ALLIANZ - Spec considering USD15b takeover of Australian insurer QBE (161)-0.5%
VOD - Economic Times reporting that VOD & Idea are in merger talks (192)..-0.5%
MEGGITT - Telegraph reporting that Elliott has quietly sold down stake (425)-1%
RBC
*ALLIANZ: -1% HANDELSBLATT: informal approach to buy QBE in Australia for AUD 15 p/share.
*BANKIA: -2% Q4 & FY '16 net light, Q4 NII €517M v €665M year earlier.
*CTT: -7% profit warning Friday, Q4 mail volumes weak, revs impacted.
*LLOYDS: 0% UK government voting rights now below 5%.
*LUFTHANSA: +1% ETIHAD said to deepened ties in catering & aircraft maintenance.
*RANDGOLD: 0% talking ongoing to end Tongon illegal sit-in, Loulo-Gounkoto prod beat.
*SANDVIK: -1% Head of Machining Solutions to leave.
*UKW: +2% Q4 NAV 108.6p/share, overall NAV growth for year 4% & total return 10%.
*WIRECARD: +1% '16 preliminary rev +33%, FY'17 EBITDA forecasts confirmed.
Investec
UK
* ATKINS-Been approached by CH2M for a possible $4m merger(Times)...........+1%
* CONVIVIALITY-H1.#'s in line, on track to meet FY exp's. Travel & Arrive......-2%
* FLYBE-Q3.Tough trading and poor weather have contributed to slow start..-3-5%
* GENEL-Payment for KRI oil exports from Tawke field......................+1-2%
* IAG-Complying with Trumps restrictions. Refunding affected customers......-1-2%
* LLOYDS-UK Govt sold another 1% over last 3 weeks(<5%)...................-1/2%
* MEGGITT-Elliott sells stake after failing to engineer takeover(D Tel).....-2%
* PURPLEBRICKS-Following Friday's stmnt, reits FY17 guidance...............unch
* RANDGOLD-Prod. Remains i/l. Illegal 'sit in' with not affect FY16 #'s.....+1/2%
* SDL-Sells Fred hopper to ATTRAQT GRP(ATQT LN) for £25m....................unch
Euro
* AIRBUS-Germany to buy €1bn of Lockheed planes after A400m delays(Spiegel)..-1%
* ALLIANZ-QBE says not in talks after rpts of ALLIANZ interest in HB paper...-1%
* BANKIA-FY NII in line, div raised by 5%....................................U/C
* CARREFOUR-to close 2 Italian hypermarkets, shed 500 jobs(Echos)............-1%
* COLRUYT-family buys €21m of stock after recent share price fall............+1%
* CTT-saw higher than expected decline in Q4 mail vols. Broker d/g away......-3%
* ENGIE-gets financing for $1.2bn Saudi plant. Broker d/g away...............-1%
* LUFTHANSA-tighten Etihad ties in catering, maintenance. Press conf Weds....+0.5%
* LUXOTTICA-Q4 sales due
* MERCK-CEO sees higher synergies from Sigma deal(HB)........................+1%
* NOVARTIS-CEO sees blockbuster status for CAR-T immune-oncology drug......+0.5%
* RENAULT-Mitsubishi Motors FY loss much smaller than exp on FX(Nikkei)....+0.5%
* SARTORIUS-FY sales/ebitda in line, net small beat, guidance looks in line.. U/C
* VW-Toyota loses global sales crown to VW.................................+0.5%
* WIRECARD-FY rev and ebitda in line, confirms 2017 ebitda, strong into......U/C
Other news
* SHELL, TOTAL plan battery charging points at petrol stations(FT)
Macquarie
* WS Atkins ATK- Spec US Engineer CH2M has approached Atkins for $4bn merger (The Times). +3%
* Conviviality CVR- Strong trading up 4.4% vs prior year, Continues to trade inline with expectations for FY. +1%
* Flybe FLYB-Slow start to Q4, 1% decrease in revenue per seat vs prior year. Unch
* Genel GENL- Receives full payment for Tawke June 2016 exports. Unch
* Pure Circle PURE- Company has been removed from the US Customs Withhold Release Order. +5%
* Purple Bricks PURP- Company has seen record monthly activity in Jan, reconfirms good start to 2017. FY Expectations unchanged. +2%
Shore Cap
CONVIVIALITY - Revs +211%.H1 ptp 7.4m.Divi +100%.Continues to trade in line.+2%
WS ATKINS - said to be approached by CH2M about a $4bn merger (times).......+5%
RIVER&MERC - Fee earning AUM +3% to 28.7b.Remain well positioned for growth.+2%
JAMES HALSTEAD - Confidence in FY is unchanged, remains positive............UNCH
YOUGOV - H1 trading ahead of prev expec., confident of meeting FY targets....+1%
FLYBE - Q3 trading robust enough though slow start to Q4....................-1%
PURPLEBRICKS - sees record activity in January, FY guidance unch.............UNCH
LLOYDS - UKFI holding now below 5% to 3.5bn shares.........................UNCH
YU GROUP - revs slightly ahead of mkt f'casts, margins firm, sees FY in line..+2%
MainFirst
*ALLIANZ-Said to weigh offering AUD15 a share for QBE(denied)-HB....-0.5%
*CARREFOUR-To close 2 Italian Hypermarkets, cut 500 jobs-Echos.......+0.5%
*NOVARTIS-Foresees blockbuster sales for its Car-T Therapy...........+0.25%
*BAYER/MONSANTO-Spiegel sees risks, approval with take time..........-0.25%
*VW-Overtakes Toyota in Global Car Sales, Lux Pen FD b'lists VW......-1%
*CTT-Higher than expected decline in mail, Min Divi €0.48............-3%
*SARTORIUS-FY 325.4m(325.6),Net 132.6m(131),Sees +ve Pft 2017.......-1.5%
*ENI-CEO sees Oil avg $55/bbl this year, rise over 4yrs-Corriere.....U/C
*WIRECARD-Prelims Rev 308.9m(303.2),Ebitda 93.4m(92.2),o/lk ok......+1.5%
*LHA-Etihad plan deeper co-op in catering & aircraft maintenance....+0.5%
*BANKIA-Q4 Net 73m(79.5),NII 517m,FY Net 804m (833.2)................-1%
CS
ABN +0.5% CS INITIATE with OUTPERFORM (Cash rich)
Allianz -1% Weighing a A$15 a-share-bid for QBE, Handelsblatt
BAE Systems UNCH £100m deal to help develop fighter jets for Turkey
Gurit -2% FY sales 3% light but margin better
ING M/P CS INITIATE with NEUTRAL (Valuation)
Meggitt -1-2% Elliott sells stake after failing to find buyer
Miners M/P Copper -0.30%, Brent -0.15%, Iron Ore CLOSED, China CLOSED
Purple Bricks UNCH Trading statement - The Board reconfirms views
Rob Walters +2-3% CS DOUBLE UPGRADE to OUTPERFORM (UK more robust)
Sandvik -1-2% President of Sandvik Machining Sols, has decided to leave
Schmolz M/P CS INITIATE with NEUTRAL (Lagged steel peers)
Wirecard UNCH Consolidated revs 2% ahead, EBITDA 1% ahead, confirms FY
Tradegate
VOW -1.2%
E.ON -1.1%
SAN -1.3%
TKA -1.1%
DBK -1.1%
HEN3 -1%
LEG +1.4%
SOW +2.2%
WDI +1.1%
RKET +1.3%
AIXA +1.4%
MBTN -2%
RYA -1.3%
TSCO -1.7%