US MArket closed near to the flat line after a volatile day...Selling pressure in Europe and better Eco data pushed investors to lock some profits...Volume : 756mil sh., just above average...VIX @ 14.70 +1.03%...GGP (not Facebook, as speculated) replaces Molex in SP500; GGP rises 3.5%,
Facebook falls 1.5% in extended session...Fed Beige Book: ‘Modest to Moderate’ Growth in Oct. to Mid-Nov...WSJ reported that China Mobile and Apple reached a final agreement on iPhone distribution before separate reports indicated talks are still ongoing with nothing definitive to announce....PBoC skips a Thursday money market operation for the first time in 3 weeks;
Also marks the biggest net drain of liquidity in 7 weeks (Daily Shibor fixings: O/N: 3.7030 % v 3.7235% prior (3rd consecutive decline); 1-week: 4.5580 % v 4.5770% prior (2nd consecutive decline)...Australia trade remains in deficit....Nikkei-1.5%...Shanghai -0.10%.
Eur$ 1.3625 S&P fut -0.10% European fut -0.30%
>>> Keep an eye on
- BANKS : Volcker Rule Won’t Allow Portfolio Hedging for Banks, Provision won’t allow banks to enter trades designed to protect against losses held in a broad portfolio of assets, Rule seeks to prevent banks from putting their own capital at risk in pursuit of trading profits. WSJ said
- AFX GY : Carl Zeiss FY Ebit, Sales Beat Ests; Sees 2015 Ebit Margin 15%
- ALRS RM : Alrosa 3Q Net Income Attributable Falls 5.2% to RU8.2B Y/y
- APPLUS : Carlyle Picks MS, UBS to Oversee IPO of Spain’s Applus+: Reuters
- ATLN VX : Actelion to Buy Back Up to 10m Shares or 8.31% Stake in 3 Years
- AZEM LN : Merck offers 403.5P/sh AZ ELECTRONIC MATERIALS, 53.48% Premium, value the company at £1.6b
- BDT GY : Bertelsmann Said Interested in Callcredit Buy: Sky Link
- BLT LN : BHP May Give New Capex, Output Outlook on Shale: JPM
- BNP FP : RABOBANK AGREES TO SELL BGZ TO BNP PARIBAS FOR ABOUT EU1 BLN
- DSY FP : Dassault Systemes to Buy 84% of Germany’s Realtime Technology
- DBK GY :Japan SESC Recommends Penalty Against Deutsche Securities
- EDF FP : EDF, Gazprom Are Candidates for E.ON’s Italy Assets: Les Echos
- FCC SM : Koplowitz Hiring Adviser to Sell FCC Stake, Expansion Says
- GE1 GY : Generali Deutschland Holding's minority shareholders approve squeeze-out by Assicurazioni Generali
- HPL GR : Hapag-Lloyd Confirms Talks With Chile CSAV on Combination
- ILD FP : French ministers asking questions about New 4G offer
- IMT LN : Imperial Tobacco Carve-Up May Lower Execution Risk, Nomura Says
- KER FP : Kering to Invest Hundreds of Million Euros in La Redoute: Figaro
- MONCLER : Moncler Says No Decision on Dividend Policy
- NOVOB DC : Novo Aims to Raise U.S. Market Share to Global Level: Borsen
- PVA SM : Pescanova Sells 50% Stake in Australian Unit for EU29.5m
- RNO FP : Dongfeng Motor, Renault 7.76b Yuan Venture Gets NDRC Approval
- REP SM : Repsol Delegation Travels to Argentina for YPF Talks: EFE Link
- R1T GY : Dassault Systemes to Buy 84% of Germany’s Realtime Technology
- SAA1V FH : John de Mol Proposes to Buy Sanoma’s Stake in SBS for EU373m: FD
- SOI FP : *SOITEC TO GET GOVT SUPPORT OF EU21.3M
- SW1 GY : Deutsche Boerse Says SHW AG to Be Included in SDAX
- UG FP : Peugeot-GM Purchasing Accord Prompts Supplier Protest: Les Echos
- VERSACE : Versace Stake’s Highest Bidder Is Italy’s FSI Fund: FT
- VIE FP : Veolia Plans to Sell Sade Water-Network Unit, Les Echos Says
- VOD LN : VODAFONE: VERIZON RECEIVED REQUIRED APPROVAL FROM THE U.S FCC
- VOLVB SS : China Becomes Volvo Cars’ Largest Market in November, DI Says
- MF FP : Wendel in Exclusive Talks to Sell Kerneos to Astorg; NAV Gains
- ZURN VX : Zurich Insurance Cuts ROE Target to 12%-14% From 16%