Dow-0.32% S&P-0.28% Nasdaq-0.32% Russell-0.69% VIX 16.07 (+5.1%)
US Market closed slightly lower for a 3rd day, volume were below average due to veterans day commemoration. energy sector (-1.9%) pressured by a 2.9% drop in crude oil, which fell to $42.96/bbl, representing the lowest settlement since late August, health care (-0.9%), consumer discretionary (-0.5%), and financials (-0.2%) also struggled. IBB-1.5%, closed just above its 50d MA. Macy's tumbled 14.0% on disap. guidance and was responsible for retail weakness. consumer staples space outperformed throughout the day with Roundy's (RNDY 3.57, +1.39) surging 63.8% after agreeing to be acquired by Kroger (KR 37.03, -0.24) for $3.60/share in cash, which represents a 65.0% premium to Tuesday's closing price. US After Hours NEFF +6.5%, PLKI +4.9%, NTES +4.6%, DGLY -25%, FRPT -18.6%, SHLX -4.6%, FLO -3.5% following earnings/guidance. Asian equities are mixed without much conviction on Wall St, but the session did produce some fireworks in Australia FX space. China based Netease and Lenovo reported results that also exceeded expectations. Lenovo saw its first quarterly loss in several years, but it was not as steep as anticipated, and Revenue also beat expectations. Lenovo announced steep reduction in H1 CAPEX, but its PC market share was still industry leading 21.2% while shipment decline of 6% was less than industry. Shares were up over 4% for the session after Q2 result.
Nikkei +0.03% Hang Seng +2.03% Shanghai -0.20%
Eur$ 1.0756 JPY 122.95 CNY 6.3673 GBP 1.5206 RUB$ 65.52 WTI $43.18 (+0.56%)
S&P +0.18% EuroStoxx -0.32% Dax -0.26% SMI +0.06%
Macro :
- ECB Isn’t Committed to More Easing Next Month, Coeure Says
Keep an eye on :
- ABI BB :Anheuser-Busch InBev-SABMiller Deal May Brew More M&A for Rivals
- AGN NA : Aegon Posts 3Q Net Loss, Takes 3Q Charges of EU950m
- AMUN FP : Amundi Sets IPO Price at EU45/Shr; SocGen Raises EU1.5B
- BAE LN : BAE Said Close to Selling U.S. Manpower Assets to Veritas: Rtrs
- BG/ LN : Shell-BG Deal Review in China Moves on to Phase III: PaRR
- GBF GY : Bilfinger Says On Course to Reach Full Year Forecast
- BT/ LN : BT CEO Patterson Says Deutsche Telekom Shares Vision for Network
- DTE GY : Deutsche Telekom Dutch Unit May Get Bids From Apax, CVC: Reuters
- DLG GY : Atmel, Dialog Deal Still Expected to Be Approved: RBC
- DIC GY : DIC Asset 3Q Net Income Jumps; Confirms 2015 Forecast
- MF FP : Eurazeo 3Q Sales EU1.06b, Up 6.6%
- EXO IM : Exor Completes Placement of 12m Treasury Shrs at EU42.60/Shr
- RMS FP : Hermes 3Q Asia-Pacific Sales Miss Ests., Leather Beats
- HOT GY : Hochtief 3Q EBIT EU175.1m vs Adj EU225.7m Y/Y
- ILD FP : Iliad 3Q Rev. Grows as Mobile Subscribers Added
- KPN NA : KPN to Weigh Telefonica Deutschland Divestment Each Quarter: CEO
- SDF GY : K+S Sees Dividend for 2015 in Range of EU1.02- EU1.41/Share
- LHA GY : Lufthansa Strike Losses in ‘Double-Digit’ Millions: Bild
- MRK GY : Merck KGaA 3Q Ebitda Pre-Items Beats Est., Lifts 2015 Forecast
- MVC SM : Metrovacesa to Propose EU1B Capital Increase: Confidencial
- ORI SS : Oriflame 3Q Operating Profit, Sales Beat Estimates
- BPEM IM : Popolare Emilia 3Q Net Income EU9.4m vs EU25.2m Y/y
- RWE GY : RWE 9-Month Adj. Net Misses Estimates, Confirms 2015 Forecasts
- SBMO NO : SBM Offshore 9-Mo. Directional Rev. $2.06b; Keeps Rev. Outlook
- SPM IM : Italy Regulator: Tender Offer for Rest of Saipem Not Required
- SAZ GY : Stada Expects ’Substantial’ Decrease in Adj. Ebitda This Year
- SIE GY : Siemens 4Q Industrial Profit Beats Estimates; Plans Buyback (up to €3b)
- TEL NO : Telenor CFO, General Counsel Put on Leave Amid VimpelCom Probe
- TEF SM : Telefonica’s Vila Sees ‘Attractive’ Possibility in Mexican IPO
- TOD IM : Tod’s 3Q Rev. Misses; Ebitda In Line, Confirms Outlook
- UCG IM : UniCredit CEO Ghizzoni Excludes Capital Increase
- VIV FP : Vivendi Bought Own Shares at EU19.83/Shr
- VOD LN : Vodafone CEO Doesn’t Rule Out Liberty Asset Talks in Future, CEO Says India IPO to Include Review of Tower Venture
- VOW3 GY : Winterkorn Resigns From Audi Chairman Post
- YOOX IM : Yoox Net-A-Porter: Accelerated Bookbuild Offer on YNAP Shares
- WIE AV : Wienerberger 3Q Misses Estimates; Sees Restructuring Charge