US MArket continue to close higher, with Tech still lagging the rest of the market...AAPL -2.5%...IBM +2.7% on $15b share buyback...Semi best perf of Tech...Japan industrial production returns to growth in September after stumbling in August; Govt raises its assessment on output for the first time in 7 months, noting production is "picking up"; BOJ on tap for policy statement tomorrow..Press spec, on BoJ raising FY14/15 GDP forecasts...Nikkei +1.23%...China money market rates remain elevated (7d repo +55bps @ 5.6%), though the rise has paused ahead of omorrow's PBoC decision on open market operations Shanghai +1.31%...NZD falls on news of potential Moody's dwg from AAA to AA (like Fitch & S&P)... German Financial Industry Officials Reject Transaction Tax: Bild...
Eu$ 1.3744 S&P fut: 10bps higher European Fut.10bps higher
Keep an eye on : - ALU FP : Nokia Solutions and Networks can afford large acquisitions-Kauppaleht - ABG LN : African Barrick 3Q Net Drops; FY Gold Output to Exceed Forecast - CS FP : Axa Plans San Francisco Office to Monitor Tech Startups: Echos - BNP FP : BNP Offers All Employees EU1,000 Bonus in Wage Talks: Les Echos - CLN VX : Clariant 3Q Sales Miss Estimates, to Sell Leather Unit to Stahl - DB1 GY : Deutsche Boerse 3Q Net Rev. €457.9m Vs Est. €457.8m, 3Q Ebit €101m non comp. Withest. €222.4m, Confirms FY net rev. forecast - EAD FP : raised to buy to A- by Fitch, outlook stable - EAD FP : Germany Made >EU1b on EADS Stake as Shares Rose, Welt Says - EBS AV : Erste Bank 3Q Net Income EU129m; Est. EU133m - ENI IM : Eni 3Q Adj. Net EU1.17b Beats Est. EU998m; Production 1.65mboe/d, Sees 2013 Output Lower Than 2012 on Libya, Nigeria - ETL FP : 1Q €323,5m vs Est.€325,5m, confirmed outlook. - FUM1V FH : Finnish Government Won’t Buy Fortum Distribution Assets, HS Says - IPN FP : Ipsen 3Q Sales Beat Ests.; Confirms 2013 Financial Targets - KER FP : to cut 670 positions at la Redoute - LUX IM : Q3 Rev. In line, Net Beats, may look for acquisitions in 2014 - MC FP : invests EUR30m in FRench book publisher Gallimard for a 9.5% stake - EMG LN : Man Group rumoured to be eyed for GBP 1.50-per-share bid from BofA - MKS LN : M&S Slows Decline in Share of Clothing Market, FT Reports - MMT FP : M6-Metropole 3Q Rev. EU293.3m vs EU283m Y/y - ORK NO : Orkla 3Q Ebita, Sales Boosted by Consumer Goods Co. Purchases - POH1S FH : Pohjola Bank 3Q Net Interest Income Drops; Cuts Some Forecasts - QIA GY : Qiagen 3Q Rev., EPS Beat Ests.; Confirms 2013 Forecast - RBI AV : shareholders will have to cut expectations on div. ( Bbg Dvd est : €1,17) - SAN FP : Sanofi 3Q Business EPS Misses Est.; Sees 2013 EPS at Lower End, 3Q Vaccines Sales Down 7.2% on Manufacturing Issues - SBS GY : Stratec Biomedical 3Q Ebit Margin 16.2%; Confirms 2013 Forecast - SCH NO : Schibsted 3Q Net Loss Bigger Than Est.; Keeps Online Investments - SNC PL : Sonaecom offers to buy 24,16% of its own stock, will offer the equivalent of €24,5/share part in Zon Optimus & part in cash - STB NO : Storebrand 3Q Net Rises More Than Est., Sees Further Cost Cuts - STCBV FH : Stockmann 3Q EPS, Sales Meet Ests.; Reduces Full-Year Forecasts - STL NO : Statoil 3Q Adj. Net Income NK12.1b; Est. NK11.9b, 3Q Net Attrib. NOK14.3b; Refining Margin $3.8/bbl, Boosts 2013 Expl Spending to $3.75b Vs $3.5b - SWMA SS : Swedish Match open to disposing Scandinavian Tobacco Group - TLV1V FH : Finnish state evaluating Talvivaara rescue package-Helsingin Sanoma - TOM2 NA : TomTom Raises Full-Year Forecast for Adjusted Earnings Per Share - UMI BB : Umicore’s Recycling to Face Challenges; Citi Cuts to Sell - WDF IM : Buy World Duty Free, May Lead Industry Consolidation, Citi Says - WDI GY : Wirecard 3Q Sales Rise 23%, Ebitda Up 17%; Confirms 2013 Outlook - YTY1V FH : YIT 3Q Profit Misses Ests.; Russian Housing Starts Increase