US MArket closed higher in light volume, with even small cap following the all market, M&A was still a catalyst (ITMN/ ROG), Energy & Financials outperformed the all mkt...volume were light @482mil shares (lowest volume of the year for higher close)...VIX @ 11.70 +2%...After Hours CISG +7.2%, SPCB +2.5%, PINC +2.1%, ADEP -18.5%, KANG -15.9%, XUE -13.2% following earnings/guidance...Despite the record high set in SP500 cash index, sentiment in Asia is noticeably more subdued. Ukraine standoff remains tense going into the Minsk meeting among Putin, Poroshenko...Conference Board Leading Index for China rose by another 1.3%, matching an 8-month high rate of growth. Resident economist cautioned that the "improvement
was driven primarily by an increase in new floor space starts, which is unsustainable in the longer-term", adding that bank loans offered their weakest contribution to the index since January 2012. Nikkei -0.54% Hang Seng -0.23% Shanghai -0.97%
Eur$ 1.3202 S&P -0.10% EuroStoxx -0.32% FTSE +0.62% (was closed Yest) DAX -0.30% SMI -0.06%
Macro
- European Bank Cleanup Driving Sales of $1.72 Trillion of Assets
Keep an eye on :
- AC FP : Accor 1H Ebit Beats Ests., Buys 13 U.K. Hotels for EU89m
- AF FP : Transavia CEO Says at Least 15% Cost Cuts Are Needed: Telegraaf
- AIR FP : China Aircraft Leasing to Buy 4 Airbus A320 Aircraft
- CABK SM : CaixaBank Sells CAN Seguros Generales to SegurCaixa: Expansion
- DTE GY : Dish Network Options Include Possible T-Mobile Bid: DealReporter
- ESS PL : Espirito Santo Saude 1H Net EU8.7m vs EU6m Y/y
- RF FP : Eurazeo Is Considering IPOs for Elis, Europcar, Chairman Says
- FNC IM : Finmeccanica Weighing Whether to Keep U.S. Presence, CEO Says
- IM NA : Imtech Sells ICT Unit, Says EU600m Rights Issue Underwritten
- LUX IM : Luxottica to Hold Sept. 1 Board Meeting on CEO Position, CFO Cavatorta May Replace Guerra as CEO, Sole Reports
- PTC PL : Portugal Telecom Held EU750m of Espirito Santo Debt at End-2013
- SALM NO : SalMar 2Q Op. Ebit Rises; Sees 2H Norway Salmon Harvest 73,500t
- STCBV FH : Stockmann CEO Hannu Penttilae Steps Down; Chairman Takes Over
- STMN SW : Straumann 1H Rev. CHF359.1m, Net Beats Estimates
- LANS NA : Van Lanschot 1H Net Rises 36%; Says Loan Run-Off Is on Track