US Market closed slightly higher, mkt traded down from highs on report of new tensions in Ukraine, and retraced partiallyfrom lows with tech sector, AAPL+8.3%%...Volume were still light @650mil shares...VIX @ 13.32 +0.38%...After Hours Good Numbers from Baidu(+5%), MSFT(+2.9%) & SBUX (+1.4%), AMZN(+0.3%)...Japanese CPI was broadly in line...year high on core basis at 2.7%. Analysts are divided whether the stripped-down inflation is sufficiently high enough to keep the BOJ on the sidelines without more easing, however Fin Min Aso said the Tokyo figure indicates sales tax hike has been reflected in prices "steadily"...Nikkei-0.02%... Hang Seng-1.35%...Shanghai-0.33%
Eur$ 1.3830 S&P Fut-0.03% European Fut: -0.13%
Macro
- Russia Cut to BBB- at S&P, Step Above Junk; Neg. Outlook
- EFSF Affirmed at ‘AA/A-1+’ by S&P; Outlook Stable
- *FRANCE RATING AFFIRMED AT AA BY S&P; OUTLOOK STABLE
- *ITALY OUTLOOK REVISED TO STABLE AT FITCH; RATING AFFIRMED BBB+
Keep an eye on :
- ABI BB : AB InBev Belgian Family Holders(EPS) Sold 1,626,426sh @ 78,95 in off-market transactions on the 16th(e128,4)
- COFB BB : Cofinimmo 1Q Adj. EPS EU1.74 vs EU1.70 Y/y
- DBK GY : Deutsche Bank May Seek EU5b Capital Increase: Handelsblatt
- ELUXB SS : Electrolux 1Q Profit Beats Est.; Raises Europe Demand Forecast
- KER FP : Kering 1Q Rev. Beats Ests., Plans to Reorganize Luxury Unit
- KPN NA : KPN 1Q Ebitda Misses, Reiterates Financial Stabilization Target
- MOBB BB : Orange Denies Report Mobistar Stake Is for Sale, Tijd Reports
- RNO FP : Renault 1Q Rev. Falls 0.1%; 2014 Outlook Affirmed
- ROG VX : Roche’s HPV Test Gets FDA Approval as Primary Cancer Screening
- SEBA SS : SEB 1Q Net Income in Line With Est.; NII Lower
- SHP LN : Allergan Made Preliminary Offer to Buy Ireland’s Shire: Reuters
- SSABA SS : SSAB Posts 1Q Op. Profit; Sees Improved Mkts in 2014
- SPM IM : Saipem CEO Says 2014 Order Intake Gives Confidence for Future, Receives DOJ Request in Algeria Bribe Probe
- TCH FP : Technicolor 1Q Revenue Drops 4.1% to EU744M
- TEL2B SS : Tele2 1Q Ebitda Misses Estimates, Reiterates FY Forecasts
- TFI FP : TF1, M6 to Shut TF6 Pay Channel at End of Year, Echos Says
- TIE1V FH : Tieto 1Q Ebit Improves y/y; Keeps Outlook Unchanged
- DG FP : Vinci 1Q Like-for-Like Rev. Up 4.1%; Sees Little Change for Year, says significant acquisition possible (La Tribune)
- VIV FP : Vivendi To Return Close to EU5b to Holders in 2014, 2015
- VOLVB SS : Volvo 1Q Net, Rev. Beat Ests.; Orders Decline
- WFT SW : Weatherford 1Q Adj. EPS 13c, Est. 11c
- WPP LN : WPP 1Q Reported, LFL Revenue Rise; Sees LFL Growth Across Group
- YTY1V FH : YIT 1Q Sales, Profit Miss Analyst Ests.; Keeps 2014 Prospects