US MArket logs first gain fo 2014 ahead of FOMC Minutes, All Sectors Up except Materials pushed lower by steelmakers, Banks were also lagging after decent outperformance on the last few days...BAnks are starting to report early next week...Micrton reported good numbers after close, MU +7.3% after Hours...Volume still on the light side @ 560mil shares....VIX @ 12.92 -4.65%...SKEW @ 129.10 -2.19%...Brazil -1.07%...Nikkei Rebounds as Yen weakens...BOJ steps up its daily JGB purchase operations to stave off an increase in rates...China Shibor rates continue to fall despite PBoC remaining on the sidelines amid shadow banking concerns....Nikkei +1.94%...Shanghai -0.27%
Eur$ 1.3630 S&P Fut +0.08% European fut-0.03%
Keep an eye on :
- A2A IM : Fondazione Cariplo interested in increasing its stake in A2A
- AZA IM : Alitalia May Re-Elect Colaninno as Chairman: Il Sole 24 Ore
- AZN VX : AstraZeneca, Teva, Roche Consider Buying Celltrion Stake: Maeil
- BALN VX : Baloise Says Basler Germany Agrees Job Cuts With Employees
- BG/ LN : Favored stock at Citi after dowgrade of Energy Sector
- BKIA SM : Bankia Had EU430m Net Capital Gains in 2013, Cinco Dias Reports
- BME SM : Banco Santander Raises Stake in BME to 3.41% From 2.88%
- BMPS IM : Regulator Seeks Clarity on Paschi Managers’ Future: Repubblica
- CDR SM : Codere Receives 30-Day Extension Offer From Creditors
- EDF FP : Marubeni Acquires 90% Stake in EDF's California Wind Project
- ENI IM : Least favored at Citi after dowgrade of Energy Sector
- F IM : Fiat Said to Revamp Mirafiori Production Very Soon: Reuters Link
- HOLMB SS : Holmen to Start Selling Book Paper in Asia, Dagens Industri Says
- ILD FP : Le Monde (Xavier Niel) in Exclusive Talks to Buy Nouvel Obs: Liberation
- IMPN SW : Implenia, Aurstad Win CHF230m Road Contract in Norway
- INGA NA : ING Completes Sale of 11.3% Stake in Sul America to Swiss Re
- KBC BB : Repays 2nd installment of €500M in Flemish state aid ahead of schedule
- KGX GY : Superlift Places 10.7m Kion Shares, €315mil, €29.25/€29.75, orders below €29.50 likely to miss out
- LLOY LN : Said to have been asked to create plan related to remaining stake owned by UK government
- KN FP : Natixis Told by Labor Ministry to Amend Job Cut Plan: Echos
- OR FP : L’Oreal to Stop Sale of Garnier Brand in China: Business News
- LUX IM : Luxottica to buy Glasses.com from Wellpoint
- NESN VX : Nestle in Deal with Cellular Dynamics for Cell Testing: WSJ
- NSG NO : Norske Skog Names Rune Sollie as New CFO; Co. Exits Brazil
- ROG VX : Genentech Agrees to Settlement With Sandoz Over Valcyte Patent
- SAND SS : Sandvik interested in further acquisitions, after yesterday announcement of acquistion of drilkling solution Varel for $740
- SCR FP : Scor May Take Control of Mutre Reinsurer, Les Echos Reports
- SCYR SM : Will continue to work on Panama Canal project as talks continue over financing
- SMIN LN : Smiths Group Key Long in UK Engineers Universe at Morgan Stanley
- SW FP : Sodexo 1Q Organic Sales Growth Beats Ests., Confirms Forecast
- SYNN VX : Head of Business Development Robert Berendes to step down at the end of Q1
- TEL NO : Telenor Nominates Morten Karlsen Sørby as New Uninor CEO
- FR FP : Retietrate Sell at Goldman, Valuation look too far ahead of fundamentals (note attached)
- VOLVB SS : Industrivarden Expects Volvo to Improve 2014 Results, DI Reports
- ZURN VX : Zurich Names Robert Dickie As Chief Operations, Tech Officer