CS
AA +1% Revs £963m vs cons £978m, positive start to year
Accor +1% French RevPar data for March, Paris light but France better
BTG +2% Sees FY revs around the upper end of £410-440m range
Card Factory M/P FY revs £381.6m vs cons 391m, pretax small ahead
Cranswick +1-2% Full year underlying sales volumes increased 10%
DB1 UNCH Spec ICE gets bank agreement on financing for LSE bid – Sky
Electrocomp +3% UK performing well, Gross margin has stabilised
Gemalto -1% CEO retiring end of Aug 2016
Genmab M/P Morphosys filed complaint against Genmab/Janssen
LSE +2% Spec ICE gets bank agreement on financing for LSE bid – Sky
Miners -2-3% Copper +0.65%, Brent -1.40%, Iron Ore -1.00%, China +1.40%
Mittal -1.5% Announced the rights issue was oversubscribed
Morphosys +1% Filed complaint against Genmab/Janssen, patent infringement
Oils -1-2% WTI -2.5% vs Euro close, DOE forecast showing a build
Peugeot -2% CMD today, pre CMD slides are worse than market
Philips -1% Confusion over the headlines on lightling business loan
Prem Farn +1-2% Positive read from Electrocomponents, gross margins better
Schindler M/P To sell its Japanese unit to Otis Japan
Soc Gen M/P Closed Panama Business, Says Not Approached by Regulator
Stagecoach +1% Bid spec in the Daily Mail overnight
Tate M/P Numbers inline with market expectations
Wizz Air -1% Traffic stats slightly disappointing compared to RYA
Zodiac -2% Boeing said that it had picked a new aircraft seat supplier
Mainfirst
*SIEMENS-Along with PE interested in Emerson Network Unit...........-1%
*PEUGEOT-Seeks 4% avg auto margin over 4yrs,10% sales grth 3yrs.....-1%
*PHILIPS-Offers €600m loan with sale of lighting unit-Telegraaf.....-0.5%
*SCHAEFFLER-Sells 94.4m Prf shs at €13.1,we would buy in placement..-5%
*SCHINDLER-Sells Japan Ops to Otis,no transaction price disclosed...-0.25%
*ACCOR-Buys Onefinestay for $170mln says Techcrunch.................+0.25%
*DASSAULT SYS-Signs pact with Ipsen aimed at drug development.......+0.25%
*DIAGEO-Sees stronger Latin America headwinds in H216-Gavazzi(knwn).-0.5%
*ZODIAC-Boeing picks LIFT by Encore as seat supplier for 737's......-1%
*SIEMENS-Along with PE interested in Emerson Network Unit...........-1%
*PEUGEOT-Seeks 4% avg auto margin over 4yrs,10% sales grth 3yrs.....-1%
*PHILIPS-Offers €600m loan with sale of lighting unit-Telegraaf.....-0.5%
*SCHAEFFLER-Sells 94.4m Prf shs at €13.1,we would buy in placement..-5%
*SCHINDLER-Sells Japan Ops to Otis,no transaction price disclosed...-0.25%
*ACCOR-Buys Onefinestay for $170mln says Techcrunch.................+0.25%
*DASSAULT SYS-Signs pact with Ipsen aimed at drug development.......+0.25%
*DIAGEO-Sees stronger Latin America headwinds in H216-Gavazzi(knwn).-0.5%
*ZODIAC-Boeing picks LIFT by Encore as seat supplier for 737's......-1%
Shore
LSE - ICE secures funding to launch it's own £10bn bid.......................+3%
TATE & LYLE - short & sweet update, Q4 trading inline.......................UNCH
CRANSWICK - sales+12%,strong exports,inline,Shore host mgmt breakfast meeting+2%
AA - FY inline,revs -0.4%,oper.pft declined to £305m,pays 9p divi...........UNCH
EARTHPORT - contract win to provide services to Ria Money Transfer..........UNCH
MOSS BROS - FY revs +5.5%.Fy ptp 5.9m.17.3m cash .Divi 3.75p.................+1%
BTG - FY rev seen around upper end of 410-440 range..........................+2%
ELECTROCOMPONENTS - Sales growth +2%.FY ptp at top end of mkt expectations...+3%
SHANKS GRP - Trading performance in line with expectations..................UNCH
CARD FACTORY - Fy ebitda in line.Lfl store sales +2.8%.Divi 6p +33%..........+1%
BLINKX - sees FY rev $165-170m,EBITDA loss $10-11m,eliminates $40m expenses..+2%
PARK GROUP - trading over Christmas positive,corporate biz sector robust.....+1%
MCKAY SECS - real estate disposals total £12m...............................UNCH
LSE - ICE secures funding to launch it's own £10bn bid.......................+3%
TATE & LYLE - short & sweet update, Q4 trading inline.......................UNCH
CRANSWICK - sales+12%,strong exports,inline,Shore host mgmt breakfast meeting+2%
AA - FY inline,revs -0.4%,oper.pft declined to £305m,pays 9p divi...........UNCH
EARTHPORT - contract win to provide services to Ria Money Transfer..........UNCH
MOSS BROS - FY revs +5.5%.Fy ptp 5.9m.17.3m cash .Divi 3.75p.................+1%
BTG - FY rev seen around upper end of 410-440 range..........................+2%
ELECTROCOMPONENTS - Sales growth +2%.FY ptp at top end of mkt expectations...+3%
SHANKS GRP - Trading performance in line with expectations..................UNCH
CARD FACTORY - Fy ebitda in line.Lfl store sales +2.8%.Divi 6p +33%..........+1%
BLINKX - sees FY rev $165-170m,EBITDA loss $10-11m,eliminates $40m expenses..+2%
PARK GROUP - trading over Christmas positive,corporate biz sector robust.....+1%
MCKAY SECS - real estate disposals total £12m...............................UNCH
CommerzBank
2HR -0.1% Aims to change its legal form to KGaA
DTE –1.2% Macquarie cuts to Neutral (Outperform) – PT €15
EVK –1.0% Baader cuts to Hold (Buy) – PT €28 (34)
MOR -1.1% Sues Janssen Biotech + Genmab in the US for patent infringement
SIE –1.3% Among parties interested in Emerson network unit
SHA –5.1% Sell remaining non voting shares for €13.1
SNH –1.0% GS starts with Buy, PT €7
SWVK +0.6% Special repayment for bonds on April 12th
SZU –0.6% Lampe puts on Alpha List
TLG –2.0% UBS cuts to Neutral (Buy) – PT €20 (17.5)
TKA -1.8% Buying Vale CSA stake for $1.00
2HR -0.1% Aims to change its legal form to KGaA
DTE –1.2% Macquarie cuts to Neutral (Outperform) – PT €15
EVK –1.0% Baader cuts to Hold (Buy) – PT €28 (34)
MOR -1.1% Sues Janssen Biotech + Genmab in the US for patent infringement
SIE –1.3% Among parties interested in Emerson network unit
SHA –5.1% Sell remaining non voting shares for €13.1
SNH –1.0% GS starts with Buy, PT €7
SWVK +0.6% Special repayment for bonds on April 12th
SZU –0.6% Lampe puts on Alpha List
TLG –2.0% UBS cuts to Neutral (Buy) – PT €20 (17.5)
TKA -1.8% Buying Vale CSA stake for $1.00