ML
WORKSPACE - Strong. NAV 923p with trading profits +65% on rental growth.+1-2%
EDP - Small positive. Agreed to sale of EUR73mn tariff deficit of 2015....+1%
TOKMANNI - We INITIATE with Buy rating and PO EUR 8, c.20% upside.........+1%
UK MINERS - Copper/Gold +0.5%, IO fut +1% & RIO OZ -1.85%, FMG -3.5%......u/c
DOMINOS - Investing £24m in Viking territory. Trading remains inline......u/c
ILIAD - Spec may bid for Vimpelcom assets. Xavier Niel at BAML conf 2day..u/c
AIRBUS - May sell its remaining 24% Dassault stake; Platow Brief reports..u/c
WH SMITH - Group sales +2% with LfL sales flat. High st poor as exp.......u/c
SWISSCOM - Swisscom's Fastweb said to bid for Italian mobile assets.......u/c
IMPERIAL BRANDS - Investor Day. Headlines reit 10% absolute div increase..u/c
HAYS - UK staffing, weak report on jobs data. UK exposure c.33% of EBIT...-1%
MICHAEL PAGE - UK staffing under pressure on weak report on jobs data.....-1%
FENNER - CEO stepping down for health reasons. Search starts for new CEO..-1%
AO WORLD - Inline with EBITDA -£3.9m but FY rev looks like 7% topline d/g.-2%
AIR FR - Mixed May traffic stats with passengers +3.8%, load factor -80bps-2%
CLAS OHLSON - Poor. Q4 op loss of -126m v -117m & May sales -3% v +0.9%.-3-4%
INGENICO - Negative read from VeriFone warning and Q2 miss (-28% aft hr)-5-7%
CS
Air France -1-2% Traffic stats inline but comments around pricing weaker
Ao World +1% FY revs small ahead, EBITDA loss of 3.9mln vs cons -4.1mln
BAE Systems M/P Engines unable to operate continuously in the warm waters
Boohoo M/P Q1 Revs slightly ahead, guidance better
Dominos Pizza UNCH Trading inline, invests in Scandinavia
Erste Bank -5% Uniqa foundation sells 17.4m shares at 22.5 Euros
Fagron +0.5% Board Member Balcaen Buys Additional EU0.56m shares
Heidel Druck +2% FY results already known, sales growth guidance better
IMB M/P Investor day inline, reaffirms mid-term dividend growth
Ingenico -5% US peer VERIFONE traded -25% after hours on poor guidance
Lufthansa -1% Peer Air France talking negatively around pricing
Miners UNCH Copper +0.50%, Brent +0.70%, Iron Ore +1.25%, China -0.52%
Rolls Royce -1% Engines unable to operate continuously in the warm waters
Sainsbury +1-2% LFL -0.8% vs consensus -1.7%
Siemens R To supply 50 megawatts of turbines for Japan wind farm
WH Smith M/P No's inline, confident in FY outcome
MainFirst Pre Mkt Indications
*ROCHE-Gets EU Approval of Avastin in combo with Tarceva............+0.5%
*AIR FRANCE-May passengers 8.3m,Load Factor -1.8%...................U/C
*ORANGE-Not planning French Consolidation in short term.............U/C
*SWISSCOM-Fastweb & Iliad said to bid for Italian mobile assets.....-0.5%
*ERSTE BK-Uniqa Foundation to sell about 17.4m shares at €22.5......-5%
*CONTI-Plans to acquire a 42.1% stake in Kumho Tire-Korea Daily.....U/C
*INGENICO-Read across from Verifone cites EM & China p/pressure.....-4%
*LHA-DOJ poss investigation into comments over surcharges from CEO..U/C
*WACKER CHEMIE-CFO says polysilicon prices past inflection point....+1%
*H/DRUCK-FY known,med term sales 3b(2.84),Ebitda margin 7-10%(7.8)..+1%
*SAINSBURY-Sales Ex-Fuel -0.8%(-0.5),Mkt conditions remain tough....+2%
*OCADO-Read across from Amazon Fresh Delevery Service(not new)......-1%
*ROCHE-Gets EU Approval of Avastin in combo with Tarceva............+0.5%
*AIR FRANCE-May passengers 8.3m,Load Factor -1.8%...................U/C
*ORANGE-Not planning French Consolidation in short term.............U/C
*SWISSCOM-Fastweb & Iliad said to bid for Italian mobile assets.....-0.5%
*ERSTE BK-Uniqa Foundation to sell about 17.4m shares at €22.5......-5%
*CONTI-Plans to acquire a 42.1% stake in Kumho Tire-Korea Daily.....U/C
*INGENICO-Read across from Verifone cites EM & China p/pressure.....-4%
*LHA-DOJ poss investigation into comments over surcharges from CEO..U/C
*WACKER CHEMIE-CFO says polysilicon prices past inflection point....+1%
*H/DRUCK-FY known,med term sales 3b(2.84),Ebitda margin 7-10%(7.8)..+1%
*SAINSBURY-Sales Ex-Fuel -0.8%(-0.5),Mkt conditions remain tough....+2%
*OCADO-Read across from Amazon Fresh Delevery Service(not new)......-1%