JPM:
ASOS H1 PBT 5% beat, gross margin +40bp and FY16 guidance maintained +3%
ERICB/NOKIA -ve read from Juniper pre-release, JNPR -6% after hours -2%
GIVAUDAN Strong beat driven by a very robust performance in Fragrance +2%
LVMH Fashion & Leather Goods a miss at flat vs. JPMC e 2%. -3%
REPSOL Trading statement yday, broadly inline unch
ROCHE FDA approves Venclexta. Was well anticipated unch
ROCKET Selling 9.1% stake in Lazada for USD 137mm. Px looks good +3%
STAN CHART JPM Reit OW +2%
TELENOR Press: Telenor exiting India will be a last resort option -2%
TRYG Numbers look good and Solvency 2 better than expected +2%
WHITBREAD Costa management change -2%
ShoreCap:
SHIRE - cited as possible target for Allergan (DealReporter).................+1%
SHELL - Van Beurden says market conditions are challenging,china weakened....-1%
OXFORD INST - strong performance last quarter,reits prev guidance for FY...+0.5%
ASOS - H1 pbt 21.2m+18%.Revs 667.3m+21%.On track sales&margin growth for Fy..+2%
SPORTS DIRECT - To buy freehold property from CIP for 108m..................UNCH
MICHAEL PAGE - Q1 trading particularly good performances in US,Cont Europe...+1%
NEXT FIFTEEN - Fy ptp 16.1m.Revs 129.8m.Confident forward statement..........+1%
SCS - LfL sales +9.1%,profit +13%,strong sales order intake,FY modestly ahead+3%
GALLIFORD TRY - responsible for four out of the seventeen Edinburgh schools.UNCH
BREEDON - Hope acquisition to be referred for in-depth investigation by CMA-0.5%
SOFTWARE RADIO - sees FY results ahead of mkt expec,revs +24%,gd order book..+5%
PORVAIR - gd start to yr,revs +14%,healthy order books,inline..............+0.5%
FALKLAND ISL - FY profits 10-15% lower than prev yr,record cash at £14m....-tive
Mainfirst:
*GIVAUDAN-Sales 1.15b(1.15),Flav 591m(597),Frag 561m(549),LFL 5.8%..+1%
*LVHM-F&L 0%(2.5),W&S 6%(6),W&J 7%(3.9),Rev 8.62b(8.73),OG 3%.......-5%
*SIKA-Sales 1.274m(1.256),EMEA/NA/Asia all better,outlook ok........+0.5%
*VIVENDI-To acquire 15% of FNAC(+1%),via Capital Inc of €159m.......U/C
*FRAPORT-March paseengers +3.9%,Cargo -1.6%,Q1 passengers +3.3%.....+0.5%
*ROCHE-FDA grants Venclexta accelerated approval....................+0.5%
*CLARIANT-To buy 17% Biospectrum,become Global distributor..........-0.5%
*ROCKET-Sells 9.1% stake in Lazada for $137m to Alibaba Group.......+2.5%
*NOKIA/ALCATEL/ERIC'S-Read across from Juniper after hrs -6%........-2%
*ASOS-Rev £667m(666),PT £21.2m(20.2m,GM +40bp's(7)..................+3%
CS:
Asos +2% H1 revs inline, pretax profit 5% beat
Burberry -2-3% Negative read from LVMH numbers, Fashion & Leather weaker
Chr Hansen +1% sees organic revenue growth BETTER
Clariant +0.5% Signed an agreement to acquire a 17 % share in BioSpectrum
Engie +1% Gazprom Agrees on Natgas Pricing w/Engie, Ending Dispute
Ericsson -1-2% US peer JUNIPER -6% after hours post weaker numbers
Fagron -1-2% Q1 revs 5% miss, stock -86% over the past 6 months
Givaudan UNCH Q1 sales 0.5% ahead, org growth slightly better
Italy banks -2% Details on Italian fund Atlante, 5 billion Euros
Kering -2-3% Negative read from LVMH numbers, Fashion & Leather weaker
LVMH -2% Revenue 1% below cons, Fashion & Leather weaker
Michael Page UNCH UK looks slightly worse, EU slightly better
Miners M/P Copper -0.10%, Brent -0.50%, Iron Ore -0.35%, China -0.70%
Nokia -1% US peer JUNIPER -6% after hours post weaker numbers
Norsk Hydro -1% US Peer ALCOA -4.5% after hours, Q1 ahead, guidance weak
Pernod +0.5% Positive read from LVMH no's, cognac better in US market
Remy +1% Positive read from LVMH no's, cognac better in US market
Roche M/P AbbVie, Roche Drug Wins U.S. Approval to Treat Leukemia
Shire M/P Speculated as Potential AGN Target: DealReporter
Sika -1% No's inline, LatAm better offset by weakness in N America
Tryg +2-3% Q1 pretax DK563m vs cons 489m, Solvency II better
Whitbread -1% MD of Costa Chris Rogers to leave