BofA-ML
DELTA LLOYD - NN plan to make an all cash offer at e5.30 (29% premium)(5.15)+25%
TESCO - H1 sales +3.3% YoY is a beat. FY guidance implies cautious H2 (194)..+3%
CENTAMIN - Small beat. 149koz +41% YoY but +6% QoQ, impressive strong Q2(145)u/c
AHOLD DELHAIZE - James McCann (US CEO, ex Ahold) resigns, Holt appointed (21)u/c
MINERS - Copper unch, Gold -0.6% with BHP OZ -0.2%, RIO OZ -1.1%, NCM -5%....-1%
CAPGEMINI - Redeeming its €400m convertible bond by mid-Nov (21st) (87.8)....-1%
ALTICE - Deal with SFR terminated post AMF blocking the offer (EUR15.99)...-1-2%
HASTINGS - Placing overnight of 46m shrs at 216, equal to a 6% discount (220)-4%
NN - Plans to make an all cash offer (29% premium) @ e5.30 for DL NA (25.7)..-5%
SFR - Altice deal terminated. We expect c4/5% move wider in the spread (25)-5-7%
CS
Aegon +2-3% Positive read from NN bid for Delta Lloyd
Altice -3-5% Altice NV terminated an offer to buy the rest of its SFR
Centamin +2-3% Sees FY production guidance at top end of range
Daimler -1% Sept prelim class 8 truck orders came in below consensus
Delta Lloyd +20-25% NN intends to make all-cash offer for Delta Lloyd of Eu5.30
Deut Bank +1% Platow Brief report - weighing a capital increase
Infineon -1% Micron down -4% after hours, gross margin miss
Miners -1% Copper UNCH, Brent +0.25%, Iron Ore closed, China closed
NN Group +3-4% NN intends to make all-cash offer for Delta Lloyd of Eu5.30
Oils -0.5% API draw of 7.6m barrels, sectors had a good run
Orange Belg -1-2% CS DOWNGRADE to UNDERPERFORM (deteriorating growth)
Proximus -1-2% CS DOWNGRADE to UNDERPERFORM (deteriorating growth)
SFR -5-7% Altice NV terminated an offer to buy the rest of its SFR
STM -1% Micron down -4% after hours, gross margin miss
Tesco +1% H1 Operating profit GBP 389m est 303m, meeting at 8.30
Topps Tiles -1% Revs slightly light, PTP inline
Volkswagen -1% Sept prelim class 8 truck orders came in below consensus
Volvo -1-2% Sept prelim class 8 truck orders came in below consensus
Shore
TESCO - sales+3.3%,oper.pft b4 excep.£596m,UK LfL+0.6%,a touch ahead of cons.+1%
HASTINGS - directors selling stock,46m shares placed via bb at 216p..........MKT
CAPE - Extends and expands its Perenco UK contract..........................UNCH
TOPPS TILES - LfL revs +1.4%.Yr ptp expected to be within market range.......+1%
CENTAMIN - Q3 gold production +41% vs 2015,sees FY production at upper end...+1%
CENTRAL ASIA METALS - record quarterly production,on track to hit upper end..+1%
GOOCH & HOUSEGO - FY performance to be inline,demand strengthened in H2.....UNCH
SAFECHARGE - Italian gaming group Sisal selects SCH payments platform.......UNCH