US MArket Closed lower, pushed by consumer disc. & Financials, Retail was trading lower too, trading volume were below average @ 641m shares...VIX @ 12.53 +2.04% SKEW @ 136.35 +2.76%...US earnings season heating up; Intel misses Q4 estimates on the bottom line and forecasts more job losses in 2014 during the earnings conference call,
sending shares down nearly 5%. AXP and COF also miss on earnings, registering modest declines in extended session. TMUS +3% after Hours on talks of Sprint financing for a bid in excess of $30bil...Japan cabinet office raises economic assessment for the first time in four months, as anticipated in Japan press overnight. Govt upgrades view on private
consumption (2nd consecutive month) and capital spending (1st time in four months). Separately, govt officials indicating capex will start to see stronger growth after coming in flat in the most recent quarter....Nikkei-0.1%...1-week Shibor rates in China hit 2-week highs as investors brace for the release of Q4 and 2013 GDP on Monday. Recent reports have indicated shadow banking in China has risen to nearly a third of all credit in 2013, up from 23%
in 2012....Shanghai -0.9%
Eur$ 1.3615 S&P Fut +0.14% European fut +0.16%
Keep an ey on :
- Iron Ore : Iron Ore for China delivery falls below $130/tonne (lowest level in 6 months), Equity Market are discounting around $110/ tonne already, should not be as -ve.
- AC FP : Accor 4Q Rev. In Line With Ests., Raises 2013 Forecast {NSN MZI6MX6TTDU1 <go>}, Boosts 2013 Ebit Forecast, Helped by Cost Savings
- BC IM : Brunello Cucinelli 2013 rev. up 15% to EU322.5m, est. EU322.6m., Sees “gracious” double-digit growth in rev., profit, Earnings release scheduled March 10
- BME SM : Caixabank Selling 5% Stake in Bolsas y Mercados: Terms
- BMPS IM : There is speculation that Pamplona Fund may invest in capital raise
- DAL IM : Reports preliminary Q4 revenue €119.8M, +4.4%, 2013 revenue seen €450M v €462M y/y
- DBK GY : Short Deutsche Bank, Santander; Go Long Nordea, Berenberg Says
- DTE GY : TMobile US : Sprint said to have lined up possible financing packages from banks for purported bid for the T-Mobile valued in excess of $30B - financial press; +3.1% afterhours
- DTE GY : Deutsche Telekom, Orange Puts EE Listing Plan on Hold, FT Says
- EDF FP : City of Prague Mulls Sale of Heating Utility to Dalkia, CTK Says
- EI FP : Essilor Cuts 2013 Sales Growth Forecast to 5.4% Ex Currencies
- IM NA : Imtech NV Concludes strategic review in Turkey; to dispose of AE Arma-Elektropanç (Arma) 80% stake for €21M to previous owner
- IPN FP : Ipsen Says Somatuline Met Primary Endpoint in Phase 3 Study
- LHA GY : Lufthansa AG There is speculation that board member Spohr could be named as the new CEO
- ORA FP : Deutsche Telekom, Orange Puts EE Listing Plan on Hold, FT Says
- PLT IM : Parmalat Bernier family's Sofil, acquired 33.8M shares from Dec 2-23
- PG IM : SeatPagine Seeking to raise up to €20M in capital
- PSM GY : Lavena Holding (KKR & Permira) Selling 16.6% Stake(~36m shares) in ProSiebenSat.1
- PVA SM : Pescanova Deadline for Bids Said to Be Extended: FIS Link
- RDSA NA : Royal Dutch Shell Guides Q4 results to be significantly lower
- SAN SM : Short Deutsche Bank, Santander; Go Long Nordea, Berenberg Says
- SBRY LN : Philip Green could be interested by the Company
- SCYR SM : Bechtel Ready to Replace Sacyr on Canal Works, Expansion Reports
- THR BB : ThromboGenics's Jetrea Gets Positive Initial Review in France
- TIT IM : Telecom Italia To Set up Procedure for Eventual Brazil Deals
- TIT IM : Telecom Italia Has Begun Governance Review, CEO Tells Repubblica
- TKA AV : America Movil Holds 26.81% of Telekom Austria After Transaction
- TKA AV : Buy Telekom Austria, AMX May Be Interested In Raising Stake: UBS
- TKA GY : Thyssen CEO Mulls Expansion of Board to 4 Members: Handelsblatt
- TLW LN : Rumors again in the press abvout potential interest for the company
- URKA LI : Uralkali May Sign China Potash Contract Next Week: Kommersant
- VOD LN : Vodafone Cited Most Often as Merger Target in M&A Desk Survey