>>> Sears Holding Corp. Shares higher as Alan Mulally on CNBC declines to deny t

Sears Holding Corp. Shares higher as Alan Mulally on CNBC declines to deny that he might go to Sears next

- CNBC asks Mulally if he might go to Sears after a report this morning said that Sears' Lampert has asked Mulally for restructuring advice - 

>>> Commerzbank share held by German government not being pondered for sale

Commerzbank share held by German government not being pondered for sale
The stake in Commerzbank held by the government of Germany will not be sold, according to a newswire report that quoted a government spokesman.

A finance ministry spokesman on Friday told Reuters that there are no plans for such a stake sale. The comments followed a report indicating Banco Santander and Societe Generale were each considering investing in the bank, and that a Societe Generale delegation had met with German government representatives to discuss the possibility of buying its stake.

A report last month by Sueddeutsche Zeitung said that the German government would remain the largest shareholder in Commerzbank at least until 2016. The German daily cited a Federal Ministry of Finance spokesperson who said that the government was not planning to sell its stake. An earlier report had said that German Minister of Finance Wolfgang Schaeuble had turned down several parties interested in the Government’s shareholding. The German Government holds 17% via the bank rescue fund Soffin, it added.

Commerzbank has a market cap of EUR 13.9bn

(BFW) Maurel & Prom Issues EU220m in July 2019 Ornane Bonds

ONE 06/06 06:25 Maurel & Prom: Offering by MAUREL & PROM of net share settled bonds convertible into new shares and/or exchangeable for existing
Maurel & Prom Issues EU220m in July 2019 Ornane Bonds
2014-06-06 06:58:41.296 GMT


By Tim Barwell
     June 6 (Bloomberg) -- May raise ornane sale to EU253m.
  * Will allow co. to refinance its debt, extend maturity of its
    debt through the redemption
  * NOTE: Ornanes are net share settled bonds convertible into
    new shares and/or exchangeable for existing shares

Link to Statement:{NSN N6QHUO3V2801 <GO>}
Link to Company News:{MAU FP <Equity> CN <GO>}

For Related News and Information:
First Word scrolling panel: {FIRST<GO>}
First Word newswire: {NH BFW<GO>}

To contact the editor responsible for this story:
Tim Barwell at +44-20-7073-3512 or
tbarwell@bloomberg.net

>>> Industrial Sector on interesting levels too...

As ECB is moving in the direction market were expecting, it looks like we are seeing flow back in Industrials out of Consumer as all these measures will boost investment...and no consumption int he short term....

SXNP is on its way to check Resistance on the 425.5 levels (less than 1% from here)...we should a break up with target 6 to 7% higher (454.5) with another resistance first at 434

Have a look

Laurent