Dow -0.58% S&P -0.61% Nasdaq -0.32% Russell -0.10%
US Market closed lower, with USD trading lower testing the 1.10 level, Crude closed flat buty Energy sector was under pressure, financials (-0.9%) and health care (-0.9%) lagged while the remaining groups settled closer to their flat lines, Tech Outperformed, GOOGL +2.2% on news of new CFO...volume were below average @ 735mil shares...After partnering with Berkshire last year to acquire Heinz, Brazilian private equity firm 3G Capital has set reportedly set its sights on Kraft. The mega-deal is rumored to be valued as much as $40B or up to $50B when including debt. Shares of KRFT spiked up 16% in extended session. Recall overnight there was also some speculation that Yum Brands could be a potential target for 3G, though YUM was little changed afterhours. In Japan, Dep BOJ Gov Iwata went against the formal position driven by Gov Kuroda, questioning the likelihood of achieving 2% inflation target within the intended 2-year time frame. Iwata did acknowledge that real wages are rising as a trend and the end of deflation was in sight. Earlier, a Nikkei report noted the equity holdings by the BOJ have now topped ¥10T in market value and ¥5.7T in book value, making the central bank the biggest holder of Japan stocks next to GPIF's ¥27T. Report noted that while the BOJ does not publicly disclose the details of its share-buying operations, it frequently steps into the market and buys ¥30-40B in stocks when prices fall in the AM session. Australia top-3 iron ore producer Fortescue CEO stirred up controversy by calling on giants BHP and Rio Tinto to follow him and cut production to boost prices. The call resulted in a warning from competition regulator ACCC, and Treasurer Hockey also remarked that the govt is not supportive of "cartels".
Nikkei +0.17% Hang Seng +0.41% Shanghai -0.59%
RUB $57.74 WTI $47.36 (-0.34%) Brent $55.12 (flat) CHFEUR 0.9544 CHF 0.96
Eur$ 1.0912 S&P -0.05% EuroStoxx-0.49% Dax -0.46% SMI-0.32%
Macro :
- Soros Says Ukraine Needs Large Scale Investments: Handelsblatt
Keep an eye on :
- AC FP : Eurazeo & Colony would sell 10% stake (22.5m shares) in Accor, they will keep 11% stake
- ALCLS FP : Cellectis Prices Upsized 5.5m-ADR IPO at $41.50
- AOX GY : Alstria Sells 7.9m New Shrs for EU13/Shr in Capital Increase
- ARYN VX : Aryzta Selling Up to 49m Shrs in Origin Enterprises
- BAS GY : BASF Bid to Block Makita Power Tools to Be Investigated by ITC
- BO DC : HP to Replace Apple’s Beats With Bang & Olufsen: AppleInsider
- CWC GY : Cewe Sees 2015 Profit EU20m-EU24m vs EU21.4m Y/y
- CWI AV : Conwert Says Deutsche Wohnen Offer Doesn’t Reflect Value
- AM FP : Airbus to Sell About 1.38m Shares in Dassault Aviation
- DSY FP : Dassault Systemes Plans Div. of 43c/Shr; Misses BDVD Forecast
- FUR NA : Goldman adds 30% weight to Fugro Valuation for M&A
- GLPG NA : Galapagos Considers Plan to Raise $100m in U.S. Listing: Tijd
- GSK LN : FDA Approves Revisions to Glaxo’s Epivir and Ziagen Labels
- RMS FP : Hermes to Propose an EU5/Shr Exceptional Div.
- HOFI SS : Hoist Finance Sets Price at SEK58/Shr in Stockholm IPO
- KBC GY : Kontron 2014 Sales Rise 2.6%; Adj. Ebit Loss Narrows
- KU2 GY : Kuka Cuts Forecast for 2015 Ebit Margin to 3.5% From 5.5%
- LEG GY : LEG Immobilien Plans Div. of EU1.96/Shr; Matches BDVD Forecast
- MDG1 GY : Medigene 2014 Net Loss Narrows, Sees 2015 Ebitda Loss Widening
- MGN GY : Mologen 2014 Net Loss EU17.1m; R&D Spending Rises 68% to EU13.3m
- NDA SS : Nordea CEO Says Russia Credit Portfolio Likely to Decrease, Nordea Still Plans to Raise Dividend Payout Ratio Above 70%
- P1Z GY : Patrizia 2014 Operating Result Rises 32%, Plans Bonus Shares
- PC IM : Pirelli Not Planning Special Div Before Tender Offer: Il Sole
- RBI AV : Raiffeisen Says Could Have 2015 Net Loss on EU550m Revamp Costs
- RNO FP : Russia May Raise Carmakers Scrappage Fee by 20%-25%: Kommersant
- SAB LN : traded down yest. , should be under pressure today on Kraft/3g news...
- SAX GY : Stroeer Says 2014 Earnings a Record, Sees Further Growth in 2015
- GLE FP : SocGen Says Performance Is in Line With Its 2016 Targets
- TLSN SS : TeliaSonera Says Turkcell Shareholders Agreed on Div Proposal
- VIV FP : Vivendi Receives 3 Requests for Resolutions From Shareholders
- VONN SW : Vontobel in M&A Talks on Meriten; Plans 60% Stake in TwentyFour
- ZO1 GY : Zooplus Forecasts Revenue, Pretax to Rise in 2015