Dow-0,04% S&P-0% Nasdaq+0,28% Russell-0,14% VIX 17,07 -0,88%
US Market close near t he flat line, volume was below average @ 732mil shares for the 3rd day in a row...The EU finance ministers meeting took place earlier today, but hopes for a swift deal were dampened by Germany's Finance Minister Wolfgang Schaeuble who said he did not expect a resolution today, echoing comments made by Eurogroup Chief Jeroen Dijsselbloem. The Eurogroup is now expected to spend the weekend analyzing the divergences between the plan presented by Greek Finance Minister Yanis Varoufakis and the existing program...energy sector (-0.7%) spent the day in negative territory as crude oil struggled. The energy component held an overnight gain, but slumped to end the pit session lower by 2.4% at $48.87/bbl. The closing price masked the fact that oil tested the $48.25/bbl level after today's storage report revealed a substantial inventory build of 4.868 million barrels., utilities sector lost 2.4% to widen its February loss to 4.9%...AAPL +2,3%...US After Hours NTWK +18.3%, TRIP +14.1%, CSCO +5.6%, ZU -21.8%, BIDU -10.3%, PNRA -8.8%, TSLA -3.1% following earnings/guidance...PBR -1.8% (confirmed that an explosion took place aboard FPSO Cidade de São Mateus today...
Asian following Greek news flow...Initial CNBC report of an 'agreement in principle' for Greece to remain in the bailout program was quickly negated, as Greek govt officials refuse to accept an extension of the bailout under the current terms of austerity. After a delay, Eurogroup's Dijsselbloem confirmed that negotiators could not achieve a conclusion despite some progress made in clarifying the positions of both sides, adding the existing program is only the starting point of discussion. Dijsselbloem concluded the address by noting talks will resume on Monday. Concurrent comments from Greek Fin Min Varoufakis were even less sanguine, stating that many concessions are still needed to reach a deal on Monday, reiterating Greece wants a new contract with Europe toward a "healing deal", and that the Greek side is seeking to explain why the current bailout conditions are not working...In China, PBoC cut RRR by 1% for Bank of Beijing, releasing an estimated CNY9B in liquidity. Later in the day, central bank's open market operations were also aggressive with CNY120B for the session and CNY205B for the week - both of those are the highest since last January - as policymakers anticipate credit spike going into next week's Lunar New Year. ,Japan machine orders were much stronger than expected, prompting an upgrade in govt assessment only a month after a cut on the sector. Econ Min Amari was upbeat on the progress made fighting deflation in spite of the falling oil prices. Japan cabinet also deflected overnight press reports of likely miss on fiscal balance objective by 2020, noting FY15 consolidation target will be met.
Nikkei +1.85% Hang seng +0.31% Shnaghai +0.49%
RUB $65.33 WTI $49.77(+1.90%) EURCHF 1.051
EUR$ 1.1310 S&P Unch EuroStoxx +0.24% Dax +0.22% SMI +0.40%
Macro :
- Greek Banks Have Used Almost All ELA Funds They’ve Drawn: Skai
Keep an eye on :
- ADP FP : ADP 2014 Net Income EU400M, Union Official Tells France Info
- AERL LN : IAG ‘Nowhere Near’ Leaving Aer Lingus Bid, CEO Says: Irish Times
- AGS BB : Ageas 4Q Net Misses Ests. as Guaranteed Oper. Margin Falters
- AKZA NA : Akzo Nobel 4Q Rev. EU3.52b, Est EU3.47b; on Track for 2015 Goals
- ALO FP : Alstom to Build 30MW West Java Geothermal Plant
- ASML NA : ASML CEO Remuneration Rises 37%; CTO Remuneration Increases 34%
- BAR BB : Barco 2014 Ebitda EU128.6m; Est. EU124.9m; Raises Div.
- BAYN GY : Bayer Plans Corporate Reorganization for 2016
- GBF GY : Bilfinger 4Q Net Profit Falls 5%; Div. Plan Beats BDVD Forecast
- BOL SS : Boliden 4Q Profit Beats Est.; Dividend Raised More Than Est.
- BMW GY : BMW Sets 2015 China Sales Growth Target at 16%: Business Daily
- CRG IM : Banca Carige Full-Yr Loss EU543.6m vs Loss EU1.76b Y/y
- CBK GY : Commerzbank 4Q Net Income EU77m; NCA Run-Down Portfolio Cut 28%
- BMPS IM : Monte Paschi Expands Capital Increase to EU3b From EU2.5b
- BP IM : Banco Popolare 4Q Net Loss Misses Estimate; CET Ratio 11.9%
- ACA FP : Credit Agricole May Name Brassac to Replace CEO: Les Echos
- CABK SM : Caixa Geral 2014 Net Loss EU348m Vs. Net Loss of EU578.9m
- CSGN VX : Credit Suisse 4Q Net CHF921m; Est. CHF869m; IB Pretax CHF12m, 4Q FICC Rev. CHF610m; Est. CHF909m
- DBHN GY : Deutsche Bahn Preparing More Trains For Germanwings Strike
- DBHN GY : Deutsche Bahn Says GDL Union Rejected Today’s New Offer
- EDEN FP : Edenred 2014 Rev., Ebit In Line With Ests.
- EDF FP : EDF 2014 Ebitda Beats, Net Misses; Targets 0%-3% Growth in 2015
- ETL FP : Eutelsat 1H Net Rises; Reiterates Full Year, 3-Year Targets
- EO FP : Faurecia 2014 Net Misses Est., Oper. Income, Rev. Beat
- FCA IM : FCA’s Marchionne Open to Consolidation, FT Reports
- RMS FP : Hermes 2014 Sales EIU4.12b, Est. EU4.13b, 4Q Total Sales Growth Constant FX 9.6%, Est. 10.2%
- RXL FP : Rexel Says 2014 Performance In Line With Targets
- HUH1V FH : Huhtamaki 4Q EPS, Pretax Profit Beat Ests.; Raises Dividend
- KGX GY : Kion 4Q Sales Rise 11% to EU1.31b; Ebit Up 16% to EU134.2m
- LR FP : Legrand Sales Match Estimates; Says 2015 Op. Margin May Fall
- LMI LN : Lonmin could receive bid following Glencore’s distribution of stake to shareholders - FT
- RI FP : Pernod 1H Recurring Profit EU1.36b, Est. EU1.38b; Confirms View
- PUB FP : Publicis 2014 Organic Growth Up 2%; Sees Better Levels in 2015
- RNO FP : Renault 2014 Profit Beats Est., Sees Higher Earnings This Yr
- REX LN : Rexam/Ball balance risks ahead of tough antitrust reviews, attorneys say - Deal Reporter
- RIO LN : Rio Tinto Plans Buyback of $2b; FY Profit Beats Estimate
- SIK VX : Sika: SWH request for ex parte decision dismissed by Cantonal Court of Zug
- SKAB SS : Skanska 4Q Op. Profit, Revenue Beat Ests.
- GLE FP : Societe Generale 4Q Net Misses; Says Environment Still Uncertain
- GLE FP : SocGen Sees 2015 Russian Bad-Loan Provisions Rising
- SRCG SW : Sunrise Says IPO Over-Allotment Option Fully Exercised
- SUN SW : Sulzer 2014 Sales, Orders Drop; Net Income Rises
- TNET BB : Telenet Sees 2015 Adj. Ebitda Growth About 4%; Median Est. 4.5%
- TOM2 NA : TomTom 4Q Rev. Beats; Says 2015 Sales to Grow, EPS to Decline
- UNR1V FH : Uponor 4Q Sales Beat, Profit Matches Ests.; Proposes Raising Div
- ZAL GY : Zalando 4Q Prelim Rev. EU666m, Est. EU661m, Reaffirms Forecast
- ZURN VX : Zurich Insurance 4Q Net Income $858m; Est. $785m