Dow+0,62% S&P +0,93% Nasdaq+1,18% Russell+1,20%
US Market closed higher but just below its record level settle in late december, volume were still below average (836mil) at 786mil shares traded on the NYSE Floor...ceasefire news on Ukraine was one of the catalyst for the market to perform...Greece was another one...Bloomberg reported that Germany is ready to soften its negotiating stance while Eurogroup chief Jeroen Dijsselbloem and Greek Prime Minister Alexis Tsipras agreed to begin a "technical assessment" of the common ground between Greece and the current program in preparations for the next Eurogroup meeting on Monday.energy sector received support from crude oil, which spent the day in positive territory. The energy component notched an intraday high near $51.39/bbl and settled near that level with a 4.7% gain for the day. US After Hours KING +21%, CYBR +17.0%, CBS +3.3%, MX -40.1%, ZNGA -11.7%, GRPN -1.2% following earnings/guidance...PRAN -32.9% (FDA has issued a partial clinical hold letter for PBT2)...Shanghai and Hong Kong markets were also firmer, tracking bullish sentiment on Wall Street in the wake of encouraging ceasefire plans in Ukraine. Conference Board leading index grew for the 10th straight month but at a slower pace, and resident economist remarked that "the softening in the short-term trend of the LEI, along with other high-frequency statistics, suggests that China's growth in 2015 is off to a weak start." In notable Chinese press, Securities Journal commentary indicated PBoC is unlikely to cut rates in the near future following the November move, preferring to manage liquidity via open market operations and other tools. S&P report warned the property market would consolidate further in both volume and price before recovering later in the second half. Finally, a separate report noted China may see higher default risks in the private bond market.
Nikkei -0.37% Hang Seng +0.84% Shanghai +0.79%
RUB $64.65 WTI $5203 (+1.58%) EURCHF 1.0614
Eur$ 1.1430 S&P Unch EuroStoxx +1.29% Dax +1.56% SMI +0.39%
Macro :
- Greece, Germany Said to Offer Compromises on Rescue Conditions
- Greek Deposit Outflows Reach ~EU3b in February: Kathimerini
Keep an eye on :
- ACS SM : ACS Debt to Be Refinanced by Group of 43 Banks: Expansion
- AKER NO : Aker Solutions 4Q Net NOK352m vs Est. NOK303m; Backlog NOK48.3b
- MT NA : ArcelorMittal 4Q Ebitda Beats; 2015 Forecast Below Consensus
- APAM NA : Aperam 4Q Ebitda $117m vs Est. $96.3m
- ATC NA : Altice CFO Sees 3 to 4 European Operators in 5-10 Years: FD
- NDA GY : Aurubis 1Q Rev. Down 6%, Posts Net Profit; Confirms FY15 Outlook
- BP/ LN : BP Rises as Much as 3.6%; WSJ Reports XOM May Buy Co.
- CSGN VX : Credit Suisse Wealth Mgmt Plans Return to Germany: Handelsblatt
- AM FP : Egypt to Buy 24 Dassault Rafale Fighters, French Government Says
- ENEL IM : Italy Aims to Sell EU2b Enel Stake by End-March: Reuters
- HAV FP : Havas Full Yr Rev. EU1.87b, Matches Est.
- IMG LN : Intel Foundation Sells Stake in Imagination Tech. at 245p/Shr
- NK FP : Imerys Full-Yr Net Misses Est.
- KPN NA : KPN Sees European Cross Mkt Consolidation in 3-5 Yrs: Telegraaf
- MB IM : Groupama Selling Entire 4.9% Stake in Mediobanca in Bookbuilding, Groupama Sells 4.9% of Mediobanca for EU333m
- MS IM : Fininvest Selling 7.8% Stake in Mediaset, Terms Show, Fininvest Sells Mediaset Shrs at EU4.10/Shr
- NEX FP : Nexans FY Loss Wider Than Estimates, Won’t Propose Dividend
- OR FP : L’Oreal 2014 Oper. Profit Matches Ests.; LFL Sales Growth Beats
- REC NO :
- RI FP : Pernod Aims to Become World’s Biggest Liquor Company: Figaro
- PC IM : Pirelli 2014 Ebit Misses Est., Rev. In-Line
- RKET GY : Rocket Internet to Issue Up to 12m New Shrs in Capital Increase
- SAN FP : Presents Data from its Phase 1b Program for Niemann-Pick Type B at the Lysosomal Disease Network’s WORLD
- SCH NO : Schibsted 4Q Ebitda NK453m; Est NK530m; Proposes Div NK3.5/shr
- SCHP VX : Schindler 2014 Net CHF902m vs CHF463m; Sees Negative FX Impact
- SHP LN : Shire Working With Advisers on Potential Salix Offer: Reuters
- SHP LN : Shire Says $1.6b AbbVie Deal ‘Break Fee’ Is Tax-Free, FT Reports
- STAN LN : StanChart May Raise Capital, Sell Assets This Year: Bernstein
- TIT IM : Telecom Italia in Final Talks on Metroweb: Sole
- TKA AV : Telekom Austria Chairman Says More Writedowns Possible: Format
- TKA GY : ThyssenKrupp 1Q14/15 Adj. EBIT Up 29% Y/y, Misses Estimates
- UBI FP : Ubisoft 3Q Sales Surge, Beating Estimates; Lifts FY Forecasts
- VALMT FP : Cevian Capital II Selling 8.4m Shrs in Valmet, Cevian Capital Sells 10.5m Valmet Shrs at EU11.31/Shr