CS
ABB +1% Artisan is the latest to back spin off of ABB's Power Grids
ABB +1% Artisan is the latest to back spin off of ABB's Power Grids
Braas Monier +17% Co has rejected €25 offer from largest share holder
Clariant M/P Buys Kel-Tech, X-Chem to Strengthen N. America Business
Det Norske +3-5% Production costs lower, raises output guidance
DKSH +2% CS double upgrade on rev growth opportunities
Dunelm M/P FY numbers inline fine, nothing new on guidance
Flughafen Z unch Passenger traffic stats +4.0%, commercial activities -1.5%
Galliford Try +1% Linden Homes Solid and Construction remains positive
Gerry Weber +2-3% Numbers slightly ahead, guidance re-iterated
Hermes -2% Sales data already known, but co drops 8% sales target
Lastminute +5-7% Adjusted EBITDA Eu17.3m 44% ahead of cons, raises guidance
Linde -1-2% Chairman says the co are NOT holding PRAXAIR talks
LVMH unch Negative reads from Richemont and Hermes results
Miners +0.75% Major commodites steady and no major USD move
Richemont -3-5% Sales weaker, warning on H1 prof, poor outlook
Swatch -1-2% Negative read from Richemont numbers
shore
DUNELM - Fy op pft 129.3m.Divi 19.1p.Special 31.5p distribution..............+2%
GALLIFORD TRY - Proposes 21% increase in final divi.Outlook remains positive.+2%
ACCESSO - H1 revs $39.7m.swings back to profit,On track to meet FY views.....+1%
ALLIANCE PHARMA - 1h revs +104%,PBT +113%,confident on outlook...............+1%
WILMINGTON - revs +11%,adj PBT +13% £20.9m,sees weaker start from Legal unit.-1%
FOCUSRITE - sees FY revs of 54m following strong H2..........................+2%
EPWIN - revs +15.5% £143.3m,oper.pft +47.5%,margins improve,good outlook.....+1%
ADV.MEDICAL SOL - revs +20% £39.2m,PBT +16% £9.5m,revs still ahead of expec..+1%
TOWN CENTRE SECS - NAV +3.8%,occupancy at 98%,no brexit effect on portfolio.UNCH
MF
*BAYER-Propose improved Monsanto offer of $129 vs $127.5.............+0.5%
*LINDE-Not discussing reviving Praxair talks Chairman says - HB......+0.5%
*SFR-Risks fine of €500m over acquisition by Numericable - Echos.....-1%
*SAB-China resources considers bid for Central Europe Assets €6b.....+0.5%
*ADO PROPS-Cap Inc 5.6m news shares €35.5-€36(37.8),bks covered......-5%
*ENGIE-Disposing of 15b of assets,will push into Green Tech..........+0.5%
*CFR-Sales -13%(-11),€ -18%(13),Watches -18%(-11.5),Jew -15%(-10.5)..-2%
*HAPAG LLOYD-CEO sees consolidation of industry after Hanjin.........+0.5%
*SAP-Concur agrees to buy Travel-Search Business Hipmunk.............U/C
*GERRY WEBER-Sales 194.8m(194),Net -6.9m(-7.6),Ebit -7.8m(-9)........+3%
*MICHELIN/CONTI-Aug tire market overall Neutral(details on sep bbg)..U/C
*HERMES-Op Inc 826.8m(818.5),Net 545m(546),abandons sales grth tgt...-1%