CS:
ASML -0.5% Peer Taiwan semi reports weaker numbers
ASML -0.5% Peer Taiwan semi reports weaker numbers
Burberry -7-8% Q4 sales -5% on LFL basis vs est for flat
Casino +1-2% Q1 French retail sales EUR4.548bn vs EUR4.52bn
Debenhams +2-3% H1 numbers ahead, keeps FY guidance
Ent One +10% Spec ITV Plc is pursuing a takeover
Hays +2-3% Europe performing well, UK a bit disappointing
JMAT +1-2% CS upgrade to OUTPERFORM (Structural growth)
Lonza -1% Spec on Reuters Lonza looking at Catalent
Mothercare -1% UK fine but International weak, underlying profit inline
Miners -2% Copper -0.25%, Brent -1.55%, Iron Ore +0.70%, China +0.11%
Nestle +0.5-1% Q1 Sales CHF 20.9b est CHF 21.1b, maintains 2016 outlook
Patrizia Immo +1% Buys German real estate portfolio from Savills worth EU320m
Persimmon -1% Positive company update but RICS survey will weigh
Poundland -3% LFL light and reducing store openings
Post NL +1% To continue to invest in German operations
PZ Cussons M/P FY outlook remains unchanged
Rocket Int -2% FY sales lightnet loss and cash position better
Sodexo M/P EBIT inline, organic growth better, kept FY targets
Sodexo M/P EBIT inline, organic growth better, kept FY targets
Software UNCH CFO talking positively on guidance
Trav Perk +1-2% Bid spec mentioned in the FT
UK Hbuilders -1% UK RICS houseprice survey 42 vs 50 expected
Umicore +1-2% CS add to the FOCUS LIST (Structural growth)
Unilever M/P Numbers inline with market expectations
JPM:
BURBERRY Miss. Q4 lfl -5% vs e-2%. Outlook cautious. W'sale guidance weak-5%
JPM:
BURBERRY Miss. Q4 lfl -5% vs e-2%. Outlook cautious. W'sale guidance weak-5%
CASINO LFL inline w cons. LatAm reported recently, France the focus -1%
DEBENHAMS H1 results in-line and FY guidance reiterated +1%
E ONE ITV Said to Pursue Takeover +5+10%
ITV Said to be in talks with ETO. Mkt would like said acqn +1%
LONZA Reports co approached Catalent. Would likely need equity raise -2%
MOTHERCARE UK continues to recover, but Int'l worse than expected -2%
NESTLE Beat with strong org growth - reassuring given concerns into Q +3%
POUNDLAND Core trading broadly inline, 99p guidance reiterated unch
REFRESCO JPM upgrade to OW +1%
ROCKET Financial for proven winners broadly inline. No new targets -1%
SODEXO EBIT -1.5% vs cons (higher revs but lower margins) -2%
UNILEVER Not enough. Q1 underlying sales growth +4.7% inline w cons -1-2%
SEMIS Likely to be soft. -ve read from TSMC - 4% miss on Q2 rev guid -1%
ShoreCap:
HOUSEBUILDERS - RICS at 42 vs 50 est,new buyer enquires at 3 v 15 in Feb....-1%
ShoreCap:
HOUSEBUILDERS - RICS at 42 vs 50 est,new buyer enquires at 3 v 15 in Feb....-1%
ENTERTAINMENT ONE - ITV said to be weighing bid,no price mentioned (bbg)....+3%
PZ CUSSONS - overall trading inline,Nigeria remains challenging...........-1.5%
PERSIMMON - fwd sales revs +8%,selling prices +5.8%,well placed............UNCH
POUNDLAND - disappointing Q4,99p stores converted early,f'cast reductions...-2%
BURBERRY - total revs -1%,comparable -2%,weak outlook for 2017..............-4%
JD SPORTS - strong headline no's,revs +20%,oper.pft +56%,well positioned....+4%
STOCK SPIRITS - revs +29%,strong start to 2016,net debt reduced by €13m.....+3%
UNILEVER - Q1 sales growth 4.7%(Est4.6).Sees growth ahead of markets........+2%
VERNALIS - Successful completion of CCP-07 Bioavalibility study............UNCH
HAYS - Says Q3 performance gives confidence in Fy prospects.................+1%
DEBENHAMS - H1 ptp +5.5%.On track for FY profit.Gross martgin +20bp.........+1%
SCAPA - Trading profits,margins ahead of last year & expectations...........+2%
MOTHERCARE - Sales +2.1% during Q4.Overall profit in range of estimates....UNCH
Mainfirst:
*NESTLE-RIG 3%(2.5),Sales 20.9b(21.1),Org S/Grth 3.9%(3.6).........+1.5%
Mainfirst:
*NESTLE-RIG 3%(2.5),Sales 20.9b(21.1),Org S/Grth 3.9%(3.6).........+1.5%
*CASINO-French Sales 4.548b(4.52),Latam OG 8.3%,E-Comm -8.3%.......-1%
*SODEXHO-Org S/Grth 3.7%(3.4),Sales 10.6b(10.5),OP 658m(666.5).....-1%
*LONZA-Said to approach Catalent with purchase offer - Reuters.....-0.5%
*SWISS RE/L&G-Said to weigh bids for DBK's Abbey Life worth £1b....U/C
*ROCKET-FY Rev 128.3m,Ebitda -200.8m,Ebit -226.1m,Net -202.5m......-1%
*ALLIANZ-Pimco Assets rose for the first time since 2014 in Q1.....+0.5%
*BURBERRY-Rev 1.41b(1.42),Retail 1.06b(1.07),Retail -2%(0.4).......-5%
*UNILEVER-Sales Grth 4.7%(4.6),Rev 12.5b(12.8),V/G 2.6%(2.5).......U/C
*AMSL-Read across from TSMC numbers this morning,which are weak....-1%
*ITV-Said to pursue a takeover of Entertainment One worth $964m....-1%