CS
Airbus M/P Sale of Airbus’s defense assets approved, Handelsblatt
Card Factory UNCH LFL store sales growth of +2.8%, outlook unchanged
Crest Nic UNCH Revs 804.8mln vs cons 795mln, commentary upbeat
De Longhi M/P Q4 revenues 1% light
Deut Post -3% CS double downgrade to UNDERPERFORM (Currency & Amazon)
Dixons +1-2% Reports Q3 LFL sales +5% (est +3), record Black Friday
Easyjet -1-2% 1Q Rev. Misses Est.; Sees FY Profit In Line W/Mkt View
Gea Group M/P NZ milk powder price dropped 1%, second decline in a row
Gerry Weber +1% Sales and EBITDA slightly better
Greencore M/P LFL in convenience foods +7.7%, good start to the year
Huber&Suhner M/P FY revenues inline, orders inline, confirms guidance
ICP M/P 9M inflows of Eu4.7b (H1 Eu3.2b), AuM increased by 5%
Marstons UNCH 16 week LFL +3%, Christmas was good
Miners -2-3% Copper +0.50%, Brent -4.90%, Iron Ore +0.30%, China -6.50%
Morphosys UNCH Payment from Bayer for initiation of a global phase 2 study
Oils +1% Brent -4.9% to $29.45, WTI -4.25% to $29.45
Philips +1-2% 6% EBITA beat, Margin guidance inline
PZ Cussons -1% Revs 385.9mln vs cons 387.6mln, Nigeria tough, Europe ok
Richemont UNCH Swiss watch export data looks better, Dec -3.8%, Nov -6%
SFS M/P Sales slightly light, EBIT margin guidance inline
Siemens +2-3% Orders 7% beat, revenues 3% beat, EBITA 7% beat
S Immo +1-2% Sees "significantly" higher 2015 EBIT and Net Income
Swatch UNCH Swiss watch export data looks better, Dec -3.8%, Nov -6%
Tornos M/P FY sales slightly light CHF164m vs cons 165m
Mainfirst:
*SIEMENS-Raises EPS guidance,Orders,Sales and Inds Bizz better.....+0.25%
*SIEMENS-Raises EPS guidance,Orders,Sales and Inds Bizz better.....+0.25%
*PHILIPS-Rev 7.1b(7.07),FCF 740m,lighting separation on track......+3%
*AIRBUS-Carlyle,KKR favoured for acq of defense elec unit-H/B......+0.5%
*RENAULT-Nissan to look for cost savings says Ghosen - Nikkei......+0.5%
*DPW-To expand parcel service to confront Amazon says CEO - Bild...-1%
*REPSOL-To sell part of piped Gas Unit for €136m,gain of €76m......U/C
*ACTELION-Gets Health Canada approval for Uptravi(selexipag).......+0.25%
*BAYER-Would look at acquisitions in Agro-Chemicals to grow bizz...+0.25%
*G/WEBER-Rev 920m(911),Ebit 79m(79),Margin 8.6%(8.7),looks ok......+1.3%
*ADP/BOUYGUES-May build new Tehran Airport Terminal says WSJ.......+0.5%
*MICHELIN-Tyre data out last night Europe and NA strong............+0.5%
Commerz:
BAYN –1.4% Would look at acquisitions on agro-chemicals
Commerz:
BAYN –1.4% Would look at acquisitions on agro-chemicals
BMW –1.6% Recalls about 58,000 vehicles in Japan for air bag inflators
1COV –1.6% Baader starts with Sell – PT €27
DB1 -1.2% CEO says seize low rates to spur growth
DPW –2.7% To expand parcel service to confront Amazon
GWI1 +3.2% Prelims and biz re-organisation as reaction on disappointing results
HNR1 –1.8% Mediobanca raises to Outperform (Underperform) – PT €117
JEN –2.8% Sees 2016 moderate organic sales, results growth
MOR +2.5% Gets milestone payment (est. €2-3mn) from Bayer Anetumab
MTX +1.4% GS raises to Buy (Neutral) – PT €105 (102)
RHM –1.9% Airbus electronic price rumored at €1.3bn
SIE +3.3% Strong Q1 results and increased FY guidance slightly
SRT3 +0.2% Berenberg raises to Buy (Hold) – PT €250 (200)
TEG -1.2% Good 2015 with vacancy down (7.5% after 9%) and rental up 3.3%
TKA –1.5% Cut to Hold (Buy) at Lampe – PT €16 (23)
VNA –1.5% Cuts shareholder acceptance threshold to 50% in bid for DWNI