*WAL-MART 2Q EPS $1.21, EST. $1.21; CUTS YEAR EPS FORECAST RANGE
Tesla Motors initiated with a Outperform at Credit Suisse; tgt $325
Telekom Austria Capital Increase to Secure Credit Rating: Kemler
2014-08-14 09:14:43.452 GMT
By Alexander Weber
Aug. 14 (Bloomberg) -- Planned EU1b capital increase to
secure investment grade credit rating, enable investments, allow
co. to exploit “investment possibilities” in eastern Europe,
Chairman Rudolf Kemler says at shareholder meeting in Vienna.
* NOTE: Telekom Austria shareholders to decide about capital
increase, new supervisory board today
* NOTE yday: Telekom Austria 2Q Ebitda misses Ests., cuts FY
revenue forecast
* NOTE Aug. 11: Telekom Austria upgraded at S&P after America
Movil takeover
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Alexander Weber in Vienna at +43-1-513-2660-13 or
aweber45@bloomberg.net
To contact the editor responsible for this story:
Mariajose Vera at +49-89-244478-803 or
mvera1@bloomberg.net
2014-08-14 09:14:43.452 GMT
By Alexander Weber
Aug. 14 (Bloomberg) -- Planned EU1b capital increase to
secure investment grade credit rating, enable investments, allow
co. to exploit “investment possibilities” in eastern Europe,
Chairman Rudolf Kemler says at shareholder meeting in Vienna.
* NOTE: Telekom Austria shareholders to decide about capital
increase, new supervisory board today
* NOTE yday: Telekom Austria 2Q Ebitda misses Ests., cuts FY
revenue forecast
* NOTE Aug. 11: Telekom Austria upgraded at S&P after America
Movil takeover
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Alexander Weber in Vienna at +43-1-513-2660-13 or
aweber45@bloomberg.net
To contact the editor responsible for this story:
Mariajose Vera at +49-89-244478-803 or
mvera1@bloomberg.net
*EURO-AREA 2Q GDP UNCHANGED; MEDIAN FORECAST 0.1% INCREASE
T-Mobile Says Iliad’s $15 Billion Bid Ignores Growth Prospects
2014-08-14 08:15:28.347 GMT
By Ville Heiskanen
Aug. 14 (Bloomberg) -- T-Mobile US Inc. regards Iliad SA’s
$15 billion bid for a majority stake in the company as too low
given its growth prospects, the U.S. wireless carrier’s finance
chief said.
Iliad’s proposal was “very inadequate,” T-Mobile Chief
Financial Officer Braxton Carter said yesterday at an investor
conference in Boston. “We believe today that we’re undervalued.
And we believe that our forward potential is significant.”
Iliad, based in Paris, is left as the only bidder for T-
Mobile after Sprint Corp. ended talks over buying the fourth-
largest U.S. mobile-phone company. Iliad, which last month
offered $15 billion in cash for 56.6 percent of Bellevue,
Washington-based T-Mobile, is seeking partners to help finance
its bid and allow it to make an offer for a larger stake, a
person familiar with the matter has said.
“Very rarely do people come with their best bid to
start,” Carter said.
Iliad shares fell 0.1 percent to 169.8 euros at 9:46 a.m.
in Paris. Deutsche Telekom AG, T-Mobile’s Bonn-based parent,
declined 1 percent to 11.22 euros in Frankfurt. T-Mobile
declined 1.6 percent to $29.14 yesterday in New York.
For Related News and Information:
Sprint Drops as T-Mobile Talks End, New CEO Claure Named
NSN N9WIYZ6JTSF5 <GO>
Iliad With Lower Risk Could Nab T-Mobile Underbidding Sprint NSN
N9N9EA6JTSEL <GO>
T-Mobile Pursuit Shows Allure of $195 Billion U.S. Mobile Market
NSN N9SZD96KLVRH <GO>
Top Technology Stories: TTOP <GO>
To contact the reporter on this story:
Ville Heiskanen in Helsinki at +358-9-2512-2682 or
vheiskanen@bloomberg.net
To contact the editors responsible for this story:
Kenneth Wong at +49-30-70010-6215 or
kwong11@bloomberg.net
Robert Valpuesta, Amy Thomson
2014-08-14 08:15:28.347 GMT
By Ville Heiskanen
Aug. 14 (Bloomberg) -- T-Mobile US Inc. regards Iliad SA’s
$15 billion bid for a majority stake in the company as too low
given its growth prospects, the U.S. wireless carrier’s finance
chief said.
Iliad’s proposal was “very inadequate,” T-Mobile Chief
Financial Officer Braxton Carter said yesterday at an investor
conference in Boston. “We believe today that we’re undervalued.
And we believe that our forward potential is significant.”
Iliad, based in Paris, is left as the only bidder for T-
Mobile after Sprint Corp. ended talks over buying the fourth-
largest U.S. mobile-phone company. Iliad, which last month
offered $15 billion in cash for 56.6 percent of Bellevue,
Washington-based T-Mobile, is seeking partners to help finance
its bid and allow it to make an offer for a larger stake, a
person familiar with the matter has said.
“Very rarely do people come with their best bid to
start,” Carter said.
Iliad shares fell 0.1 percent to 169.8 euros at 9:46 a.m.
in Paris. Deutsche Telekom AG, T-Mobile’s Bonn-based parent,
declined 1 percent to 11.22 euros in Frankfurt. T-Mobile
declined 1.6 percent to $29.14 yesterday in New York.
For Related News and Information:
Sprint Drops as T-Mobile Talks End, New CEO Claure Named
NSN N9WIYZ6JTSF5 <GO>
Iliad With Lower Risk Could Nab T-Mobile Underbidding Sprint NSN
N9N9EA6JTSEL <GO>
T-Mobile Pursuit Shows Allure of $195 Billion U.S. Mobile Market
NSN N9SZD96KLVRH <GO>
Top Technology Stories: TTOP <GO>
To contact the reporter on this story:
Ville Heiskanen in Helsinki at +358-9-2512-2682 or
vheiskanen@bloomberg.net
To contact the editors responsible for this story:
Kenneth Wong at +49-30-70010-6215 or
kwong11@bloomberg.net
Robert Valpuesta, Amy Thomson
*GERMANY'S 10-YEAR YIELD DROPS BELOW 1% FOR FIRST TIME ON RECORD
2014-08-14 08:07:39.740 GMT
--NEAL ARMSTRONG
-0- Aug/14/2014 08:07 GMT
2014-08-14 08:07:39.740 GMT
--NEAL ARMSTRONG
-0- Aug/14/2014 08:07 GMT
Russian Gas Flows to EU Via Ukraine Uninterrupted: Slovak Grid
2014-08-14 07:23:15.161 GMT
By Elena Mazneva
Aug. 14 (Bloomberg) -- Natgas flows from Ukraine proceeding
normally, no reductions in pressure or volumes, Slovakian
pipeline operator Eustream says on website.
* Ukraine transported 160mcm of Russian gas to Europe on Aug.
12 vs 153.7mcm day earlier, data from website of natl
pipeline operator UkrTransGas show
* Shipments to Slovakia’s border were 81.9mcm vs 81.1mcm
* Ukraine has 15.2bcm of gas in underground storage as of Aug.
12: UkrTransGas
* NOTE: June 16, Gazprom cut off deliveries to Ukraine citing
debt; transit to EU uninterrupted so far
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Elena Mazneva in Moscow at +7-495-771-7729 or
emazneva@bloomberg.net
To contact the editors responsible for this story:
Will Kennedy at +44-20-7073-3603 or
wkennedy3@bloomberg.net
Bruce Stanley, James Herron
2014-08-14 07:23:15.161 GMT
By Elena Mazneva
Aug. 14 (Bloomberg) -- Natgas flows from Ukraine proceeding
normally, no reductions in pressure or volumes, Slovakian
pipeline operator Eustream says on website.
* Ukraine transported 160mcm of Russian gas to Europe on Aug.
12 vs 153.7mcm day earlier, data from website of natl
pipeline operator UkrTransGas show
* Shipments to Slovakia’s border were 81.9mcm vs 81.1mcm
* Ukraine has 15.2bcm of gas in underground storage as of Aug.
12: UkrTransGas
* NOTE: June 16, Gazprom cut off deliveries to Ukraine citing
debt; transit to EU uninterrupted so far
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Elena Mazneva in Moscow at +7-495-771-7729 or
emazneva@bloomberg.net
To contact the editors responsible for this story:
Will Kennedy at +44-20-7073-3603 or
wkennedy3@bloomberg.net
Bruce Stanley, James Herron
*HOLCIM RAISED TO STRONG BUY VS OUTPERFORM AT RAYMOND JAMES
2014-08-14 06:28:51.347 GMT
--FRANCESCA CINELLI
-0- Aug/14/2014 06:28 GMT
2014-08-14 06:28:51.347 GMT
--FRANCESCA CINELLI
-0- Aug/14/2014 06:28 GMT
Deutsche Post Challenges WhatsApp With Messaging Service (yday)
2014-08-14 06:25:55.267 GMT
By Dorothee Tschampa
Aug. 14 (Bloomberg) -- Deutsche Post’s encrypted
application SIMSme uses only servers in Germany and data is
deleted immediately after delivery to comply with German data
security law, co. says in statement from yesterday.
* Co. may offer paid service to corporate customers for secure
business communication in future
* Free app is available for iPhones and Android smartphones
* NOTE Aug. 5: Deutsche Post profit beat ests. on home parcel
business
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Dorothee Tschampa in Frankfurt at +49-69-9204-1214 or
dtschampa@bloomberg.net
To contact the editors responsible for this story:
Chris Reiter at +49-30-70010-6226 or
creiter2@bloomberg.net
Andrew Rummer
2014-08-14 06:25:55.267 GMT
By Dorothee Tschampa
Aug. 14 (Bloomberg) -- Deutsche Post’s encrypted
application SIMSme uses only servers in Germany and data is
deleted immediately after delivery to comply with German data
security law, co. says in statement from yesterday.
* Co. may offer paid service to corporate customers for secure
business communication in future
* Free app is available for iPhones and Android smartphones
* NOTE Aug. 5: Deutsche Post profit beat ests. on home parcel
business
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Dorothee Tschampa in Frankfurt at +49-69-9204-1214 or
dtschampa@bloomberg.net
To contact the editors responsible for this story:
Chris Reiter at +49-30-70010-6226 or
creiter2@bloomberg.net
Andrew Rummer
>>> Up
*BALOISE RAISED TO OVERWEIGHT VS UNDERWEIGHT AT JPMORGAN
*BUZZI UNICEM RAISED TO OVERWEIGHT AT MORGAN STANLEY
*ENEL RAISED TO NEUTRAL VS SELL AT GOLDMAN
*HOLMEN RAISED TO HOLD VS REDUCE AT KEPLER CHEUVREUX
*INFINEON RAISED TO BUY VS NEUTRAL AT UBS
*INTERMEDIATE CAPITAL RAISED TO HOLD VS REDUCE AT NUMIS
*LUXOTTICA RAISED TO NEUTRAL VS SELL AT GOLDMAN
*MEDA RAISED TO STRONG BUY VS BUY AT SWEDBANK
*MELEXIS RATED NEW NEUTRAL AT UBS, PT EU35
*MONCLER RAISED TO BUY VS NEUTRAL AT GOLDMAN
>>> Down
*ADIDAS CUT TO NEUTRAL VS BUY AT GOLDMAN
*AIXTRON, OSRAM, VISCOM RAISED TO BUY VS HOLD AT DZ BANK
*BERENDSEN CUT TO NEUTRAL VS BUY AT GOLDMAN
*DRAX GROUP CUT TO UNDERPERFORM AT SANFORD BERNSTEIN
*DRAX GROUP CUT TO NEUTRAL VS OVERWEIGHT AT HSBC
*ENERGA CUT TO NEUTRAL VS BUY AT UBS
*FRIENDS LIFE GROUP CUT TO NEUTRAL VS BUY AT GOLDMAN
*GLENCORE CUT TO NEUTRAL VS OUTPERFORM AT CREDIT SUISSE
*INTERTEK CUT TO NEUTRAL VS BUY AT GOLDMAN
*KAZMUNAIGAZ CUT TO NEUTRAL VS BUY AT GOLDMAN
*KERING CUT TO SELL VS NEUTRAL AT GOLDMAN
*LVMH CUT TO NEUTRAL VS BUY AT GOLDMAN
*ROSNEFT CUT TO NEUTRAL VS BUY AT GOLDMAN
*SOLOCAL REMOVED FROM GOLDMAN CONVICTION BUY LIST, STAYS BUY
*SWISS LIFE CUT TO NEUTRAL VS OVERWEIGHT AT JPMORGAN
>>> PT Change
*ESSILOR REINSTATED NEUTRAL AT GOLDMAN, PT EU78.4
*FUGRO PT CUT TO EU24.50 FROM EU30 AT KBC
>>> Call
*DIALOG SEMI RATED EQUALWEIGHT AT MORGAN STANLEY; PT EU19
*DP WORLD RATED NEW UNDERWEIGHT AT HSBC, PT $16.4
*SOLOCAL REMOVED FROM GOLDMAN CONVICTION BUY LIST, STAYS BUY
*SIEMENS ADDED TO CREDIT SUISSE EUROPE & GLOBAL FOCUS LIST
*TVN ADDED TO GOLDMAN CEEMEA FOCUS LIST, REITERATES BUY