US Market closed lower, Small caps lower with Russell belwo its 200d MA, Financial Underperform too -1,4% with discretaionary...volumes were below average at 690 mil shares... VIX @ 13,80 +3,9%...After Hours: EA +15.2%, ARRS +11.1%, OXGN +7.2%, DTLK -19.1%, RLOC -19%, ZU -16.2% following earnings/guidance... Nikkei225 is leading regional indices to the downside, falling 2.3% in the morning session in a catch-up sell-off after two days of holidays. Three consecutive sessions of JPY strength is also driving the sellers, sending the Index to its 3-week low around 14,100. Apr 7-8th BOJ meeting minutes saw general agreement that consumer spending is resilient although some fluctuations exist due to sale tax hike, with domestic economy mostly in line
with projections....Nikkei -2,93%...HS-1,14%...Shanghai-0,78%...
Eur$ 1,3918% S&P Fut -0,11% European Fut -0,20%
Keep an eye on :
- ABI BB : AB InBev First-Quarter Sales Growth Tops Forecasts on Brazil (1)
- ALO FP : Alstom FY Net EU556m, Missing Ests; Puts Transport Sale on Hold, Order Backlog, Margin Fell; Transport Outperformed
- ALO FP : France’s SNCF, RATP Want Alstom to Have Critical Mass: Echos
- AIR FP : Airbus Order of >EU500m Might Be Blocked, Handelsblatt Reports
- AZN LN : Buy Astra, Deal Possible if Pfizer Leaves R&D Untouched: UBS
- BA/ LN : BAE Systems Says Outlook Remains Unchanged
- BAF GY : Balda Ready for Acquisitions in Medical Unit: Boersen-Zeitung
- BLT LN : BHP Sees Strong Iron Ore Demand Growth Over 10 Yrs, Hovers Says
- BNR GY : Brenntag 1Q Oper. Ebitda Misses Est.; Optimistic on Rest of Yr
- BNP FP : BNP to Close Slightly More Than 40 French Branches: Figaro
- BOSS GY : Hugo Boss 1Q Adj. Ebitda Misses Ests., Confirms Forecast
- BPE IM : Popolare Emilia Romagna Plans to Raise Up to EU750m
- CAVALI : Permira Fund May Purchase 60% Stake of Cavalli Group: Repubblica
- CARLB DC : Carlsberg 1Q Ebit Misses Estimates; Outlook Cut on Russia
- CBK GY : Commerzbank 1Q Net Misses, RWAs Increase to EU218b
- CGG FP : CGG 1Q Net Loss $39m vs Est. -$5.4m; Backlog at April 1 $1.2b
- CNP FP : CNP Assurances 1Q Net Income EU256m vs EU230m
- ACA FP : Credit Agricole 1Q Net In Line as Loan Loss Provisions Drop
- CRH LN : CRH Sees 1H Ebitda Higher, 2H Ebitda Somewhat Ahead of Last Year
- DELB BB : Delhaize 1Q Net EU80m; Est. EU87.2m; Reiterates 2014 Capex Goal
- DLG GY : Dialog Semi Sees 2Q Sales in Line With Ests. as 1Q Rev. Beats
- DRW3 GY : Draegerwerk 1Q Ebit, Sales Miss; Keeps Forecast
- ELE SM : Endesa 1Q Net EU448 Mln; Analyst Est. EU508.2 Mln
- ELG GY : Elmos Semiconductor Q1 Sales Rise 14.4%, Confirms 2014 Outlook
- EXP LN : Experian Full Year Rev., Pretax In Line; Interim Div. 26c
- FOE NO : Fred Olsen Energy 1Q Ebit $39m vs Est. $51m; Net Attrib. $23m
- F IM : Fiat 1Q Profit Misses Estimate
- GFS LN : G4S Says 1Q Financial Performance in Line With Forecasts
- GFJ GY : Gagfah 1Q Recurring FFO Almost Doubles; Raises 2014 FFO Outlook
- GMM GY : Grammer 1Q Revenue, Ebit Rise; Ebit Margin Unchanged
- HEI GY : HeidelbergCement Sales, OIBD Beat; Confirms 2014 Outlook
- HEN3 GY : Henkel 1Q Organic Sales Growth Beats Estimates, Confirms Outlook
- HNR1 GY : Hannover Re 1Q Profit Beats Estimates; Combined Ratio Rises
- IMT LN : Imperial Tobacco 1H Reported Adj. EPS Misses Ests.
- INGA NA : ING 1Q Net Loss Beats; NN Unit to Get EU850m Capital Injection
- ISAT LN : Inmarsat 1Q Adj. Revenue Falls, Says Global Xpress on Track
- KU@ GY : Kuka 1Q Ebit EU27.1m vs EU28.4m, Confirms 2014 Forecast
- LR FP : Legrand 1Q Sales Below Estimates, Confirms 2014 Targets
- LUN DC : Lundbeck 1Q Net, Rev. Misses; Keeps 2014 Forecast, Lundin Petroleum 1Q Net Income $4.4m vs Est. $1.56m
- MEDAA SS : Meda 1Q Ebitda Beats Est.; Keeps Outlook
- NEX FP : Nexans Rejects Amber Bid to Split Chairman-CEO Roles: Reuters
- NHH SM : NH Hoteles 1Q Net Loss EU38.6m Vs EU41.5m Y/y
- NRE1V FH : Nokian Renkaat 1Q Profit Misses Ests.; Keeps Outlook Unchanged
- PSG SM : Prosegur 1Q Net EU39 Mln Vs Analyst Estimate o
- QIA GY : Qiagen 1Q Adj. EPS, Rev. Meets Estimates
- REC BB : Recticel 1Q Combined Sales Rise 4.9%, Sees FY Up About 2%
- RR/ LN : Rolls-Royce to Sell Energy Ops to Siemens for GBP785m Cash
- SCH NO : Schibsted 1Q Sales Rise; Sees Online Classified Growth Potential
- SIE GY : Siemens 2Q Income From Continuing Ops Rises, Confirms Forecast
- GLE FP : Societe Generale 1Q Net Income Misses on Russia Writedown, Sees ‘Moderate’ Positive Earnings Impact From Newedge
- SGO FP : Wendel Group to Sell ~EU1 Billion Stake in Saint-Gobain
- STB NO : Storebrand 1Q Profit Pre Amortisation, Writedowns Rise to NK728m
- SCMN VX: Swisscom 1Q Sales Beat, Reiterates Financial Targets
- SREN VX : Swiss Re 1Q Net Beats, Says on Track to Reach 2011-2015 Targets
- VER AV : Verbund 1Q Profit Nearly Halves as Electricity Prices Drop
- VIE FP : Veolia CEO Says Doesn’t See Consolidation in Water Sector