ML
ASML - Positive read over from AMAT (+8% after hrs) on beat and raise.....+2%
YNAP - Relief Richemont does NOT announce divestment (owns c.50% stake)...+2%
CLOSE BROS - Loan book growth is fraction ahead of expectations at 4%.....+2%
LADBROKES - Coral merger gets prov. CMA approval if 350-400 shops are sold+2%
CREDIT SUISSE - We UPGRADE to Neutral, taking our PO to CHF 14.50 from 14.+2%
TOTAL - Total, Oil Search divide InterOil assets in $2.2bn deal...........+1%
INGENICO - Announces acquisition of Nera Payment Solutions for $88m.......+1%
ABERDEEN - CEO says resisting buyer interest to stay independent..........u/c
JOHN MENZIES - Group trading inline. Aviation ahead, Distribution below...u/c
DAIMLER - Revised '16 guidance lower, truck EBIT now significantly lower-1-2%
VOLVO - Negative read across from Daimler guiding trucks lower overnight..-2%
SPECTRIS - Disappointing with org growth decline of 4%. House broke d/gs..-3%
RICHEMONT - Very weak with EBIT 6% light, outlook soft and no buyback.....-5%
CS
Daimler -2-3% Warned on truck business after the close last night
Fiat -3% German minister doubts that "Fiat adhered to the rules"
IMI -1% Negative read from Daimler warning, 10% exposure to trucks
Ladbrokes +2-3% Better than expected CMA decision
Miners +2% US names had a 4.5% reversal from lows AUS names better
Unicredit +2% Considers sale of stake in FinecoBank
Richemont -3-5% FY sales inline but April update looks v weak
Santhera +2% Receives FDA fast track designation for Omigapil
SKF -1% Negative read from Daimler warning, 10% exposure to trucks
Spectris -1-2% LFL sales -4%, driven by Europe weakness
Swatch -3% Negative read from Richemont earnings
Volvo -2-3% Negative read from Daimler warning
Ypsomed -2-3% Results a good beat, guidance small light
Shore calls
BATS/IMB - plain packaging effective today,high court throws out challenge..UNCH
CONVIVIALITY - grp sales +137% £864m,sees EBITDA marginally ahead............+3%
MOSS BROS - trading inline,LfL sales +5%,margins strong +430bps..............+2%
HEADLAM - revs +4.5%,LfL +4%,margins inline,confident outlook...............UNCH
CLOSE BROS - loan book +4% in Q3,wins improved from difficult 1H.............+1%
SINCLAIR PHARMA - sales significantly ahead of prev yr,launches in the US....+3%
MENZIES - gd start to yr,trading inline,aviation revs +7%....................+2%
APPLEGREEN - Says 2016 has started well in terms of trading and development..+1%
SPECTRIS - LfL sales declined 4% in Jan-April period.Outlook unchanged.......-1%
LADBROKES - CMA extends deadline.350/400 shops may have to be sold..........UNCH
MainFirst Pre Mkt Indication
*RICHEMONT-Sales 11.1b(11.1),Net 2.23b(2.39),Div 1.7,o/l weak........-6%
*DAIMLER-Lowers Ebit for Trucks,due to weaker mkt,Grp Ebit unch......-1.7%
*ELIOR-In talks to buy Autogrill French railway concessions..........+0.5%
*DBK-Said to be probing some employee trades says WSJ................+1%
*CAIXABANK-To sell 144 Hotels for €1bln saya Expansion...............+1%
*INGENICO-Buys nera Payment Solutions for S$88mln,close in Q3........+0.5%
*SWATCH-Read across from Richemont...................................-3.5%
*VOLVO-Read across from Daimler comments.............................-1%