US Market closed slightly postive, but still negative on the month, S&P-1,7% and Russel 2000 -3,1%, volume still light with 627mil shares traded...VIX @ 15,77 +1,48%...highest level since mid October...see demand for protection ahead fo next week FED meeting
- Chinese spacecraft landed on the moon,
- Germany's SPD backs coalition with Merkel's CDU
- German Union Rejects EU Stance on Merkel Energy Policy: Bild
- Italy’s Deficit Very Close to 3% of GDP This Year: Saccomanni
Keep an eye on :
- ALO FP : Alstom rejects Siemens as partner for Transport division; TMH (Russian) still a possibility - Challenges
- BMW GY : BMW North America Recalls 76,000 Cars Over Air Bag Defect: NHTSA
- BOL FP : Bollore Awarded London Electric Car Charging Contract: Parisien
- DTE GY / TMUS US : Sprint Working Toward Bid for T-Mobile US, Dow Jones Says
- EAD FP : EADS’s Astrium Unit Wins Order for 18 Ariane 5 ECA Rockets
- GE US : raised dvd by 16% (payable 27/01), annual outlook meeting next week, big focus on manufacturing M&A.
- JNJ US : J&J Said to Get 3 Diagnostics Bids of at Least $4 Billion Each
- KCO GY : Kloeckner Considering Acquisitions, to focus on North America because of low energy cost, could shut down unprofitable business, Co coould return to profitability in 2014, could allow to pay dvd again in 2014, CEO Ruehl Tells Welt
- MB IM : Generali Cuts Mediobanca Stake Below 2%, Consob Says
- ML FP : Michelin North America Recalling as Many as 1.2m Tires: NHTSA
- MONC IM : Moncler Combined IPO Offering About 27 Times (97mil shares demand) Oversubscribed ( Retail 14 times) - start trading on Monday, priced @ E10,20/share--> value the Co @ 2.55bil Euros (cuccinelli oversub. 17 times)
- ORC FP : Orco Property’s Hungarian Units Start Insolvency Proceedings
- PVA SM : Pescanova Investors Propose 90% Debt Write-Off, Cinco Dias Says
- Red Bull : Red Bull Granted License in China, Plans Drink Sales, Krone Says
- RSA LN : Zurich Ins. Or Allianz could be interested in all or part of RSA - FT
- Taittinger : Taittinger preparing for acquisitions the French champagne house owned by banking group Credit Agricole and the Taittinger family, is interested in acquiring winemakers operating in the Burgundy and Bordeaux regions.
- TIT IM : Telefonica CEO Alierta Steps Down From Telecom Italia’s Board
- TKA AV : New Austria Govt Aims to Sell Company Stakes, Austria’s three big listed company stakes are: 53% of Austrian Post,28% of Telekom Austria, 32% of OMV
- VIE FP : Veolia French Water Unit Chief Sees EU150m of Additional Revenue
- VOS GY : Vossloh May Cut Dividend Again, CEO Andree Tells Boersen-Zeitung