Us Market closed flattish, Stocks began the day in the red, but spent the first two hours of action in a steady climb off their lows. The cautious start took place amid broad-based weakness across major European markets where Germany's DAX,Great Britain's FTSE, and France's CAC all posted losses close to 1.0% apiece, Asia also weighted on the sentiment with Copper moving lower...volume were light with 646mil shares...VIX @14.47 -2.23%...China premier Li promised the govt will not allow systemic risks to arise from debt defaults even though defaults were unavoidable in some cases. Li also said 2014 would be more challenging, but the State Council would seek to raise the quality and efficiency of growth. Li further noted the govt...Nikkei -0.10% HS -0.46% Shanghai +1.07%
Eur$ 1.3939 S&P +0.13% European Fut +0.26%
Keep an eye on :
- ADEN VX : Adecco 16% stake to be sold by Jacobs Holding for up to CHF 2.2bn with Goldman as bookrunner
- AKZA NA : Kemira may consider bidding for certain Akzo Nobel assets
- EN FP : Bouygues Said to Raise Cash Part of SFR Bid to >€11bil
- BOSS GY : Hugo Boss Sees 2014 Adj. Sales, Ebitda Up High-Single-Digits
- BOKA NA : Boskalis 2013 Revenue, Profit Rise to Record; Plans Buyback
- DAI GY : Daimler Still Considering Raising Kamaz Stake, Handelsblatt Says
- DELB BB : Delhaize Raises Div., Sees Lower Belgium Profitability
- DUFN VX : Dufry 2013 Rev. In Line With Ests., Ebit Misses
- G IM : Generali 4Q Net Income EU324m; Analyst Est. EU603.9m
- HOT GY : Hochtief Raises Leighton’s Offer to A$22.50/Shr
- IBE SM : Spain May Make Power Companies Refund Consumers: Confidencial
- LHA GY : Lufthansa 2013 Profit Beats, Rev. Matches Est.
- MEO1v FH : Metso could acquire assets in the oil and gas industry machinery sector
- MRW LN : to sell £1bil of property in 3y after review
- NUM FP : Numericable CEO Denies Drahi Would Sell SFR Quickly: Parisien
- RHK GY : Rhoen Klinikum 2013 Ebitda Misses Ests., Confirms 2015 Outlook
- SDF GY : K+S Sees 2014 Ebit I Significantly Down on Price Factors
- SFQ GY : SAF-Holland Targets Sales, Earnings Growth This Year
- UCG IM : Unicredit CEO confirms plans to sell off Ukrainian subsidiary
- VOD LN : Ono to Delay Sale to Vodafone on Pay Discrepancies: Economista