>>> US Gapping up

Gapping up
In reaction to strong earnings/guidance: NTRI +12.1%, ELLI +11.2%, PMCS +10.4%, TSYS +10%, IRIX +9.9%, RBS +9.6%, SKUL +9%, KCG +8.4%, SQNM +7.9%, IHG +7.7%, CTB +6.8%, MCHX +6.7%, CTRL +5.7%, AEM +5.7%, DXCM +5%, WPRT +4.3%, ITMN +4.2%, MCRS +4.1%, OZM +4.1%, MODN +4%, ABTL +3.9%, AXL +3.8%, WYNN +3.6%, ATEN +3.5%,AFFX +3.4%, QLGC +3.3%, EL +2.8%, AKAM +2.7%, FLT +2.7%, USM +2.4%, MXWL +2.3%, SSNC +2.3%, OUTR +2.1%, OUTR +2.1%, EGO +2%, MTZ +1.9%, HTGC +1.8%, CHGG +1.5%, VRTX +1.4%, VRTX +1.4%, SEM +1.1%, CBM +1%, WU +0.9%.

Other news: RXII +23% (announces positive results with RXI-109 in the eyes of cynomolgus monkeys as part of a dose range finding study), EQU +15.1% (announces revised midstream marketing contract; impact on Equal's 2014 cash flow is expected to be a reduction of about $1.3 mln), AMRN +7.1% (new MARINE and ANCHOR Post-Hoc Analyses ), RTK +4.7% (acquires New England Wood Pellet), PRKR +4.2% (Court issues bench rulings in ParkerVision's ongoing litigation against Qualcomm (QCOM); Court denied Qualcomm's motion for JMOL), MODN +4% (announced appointment of Mark Tisdel as Chief Financial Officer and Shail Khiyara as Chief Marketing Officer), ISRG +3.7% ( enters into accelerated share repurchase program with Goldman), FLT+2.7% (signed a long term fuel card system processing contract with Chevron) IO +2% (has been awarded a multi-year contract with Petroleos Mexicanos), NKA +1.5% (announced signing of contract with TransCanada Gas Storage Partnership), JKS +1.5% (to Supply 100 MW Solar PV Modules for Two Projects in Chile), VRTX +1.4% (announced that treatment with the combination of VX-661 and KALYDECO (ivacaftor) .

Analyst comments: AVNR +3.7% (upgraded to Buy from Neutral at Mizuho), MAS +2.2% (upgraded to Strong Buy from Mkt Perform at Raymond James), NVS +1.1% (upgraded to Buy from Hold at Jefferies), ENR +0.9% (target raised to $134 from $120 at Citigroup), ORCL +0.7% (upgraded to Buy from Hold at Societe Generale
)

>>> US Gapping down


Gapping down
In reaction to disappointing earnings/guidance: BIRT -18.2%, SQI -18%, HTCH -13.8%, INVN -13.4%, SREV -12.6%, BCOR -8.6%, GERN -8.1%, AHS -7.8%, RBCN -6.8%, NGVC -6.8%, CVD -6.3%, ONNN -5.1%, PKT -4.8%, MITK -4.6%, KOG -4.6%, KEYW -4.5%, MTW -4.3%, CSOD -3.9%, CPSI -3.5%, FLR -3.4%, EHTH -3.2%, CVS -3.1%, OPEN -3%, SWIR -2.6%, UPIP-2.3%, EXPE -2.2%, EXEL -2%, LNKD -1.8%, IMPV -1.8%, XLS -1.4%, DVA -1.3%, LRE -1.1%, XPO -1.1%, NCT -1.1%, .

M&A news: AZN -0.5% (AstraZeneca Board rejects Pfizer (PFE) proposal), PFE -0.2%.

Other news: IMMU -16.2% (announces proposed public offering of common stock), DRL -8.4% (Attiva Capital Partners disclosed 5.3% stake; co also said it is developing a revised capital plan to remain in compliance with regulators), DDD -3.2% (negative mention on Mad Money), TTPH -2.6% (filed for $125 mln mixed securities shelf offering), MEG -2.1% (prices 4,213,433 shares of common stock at $15.50 per share, all by selling shareholders ), ATHN -1.4% (named Karl Stubelis acting Chief Financial Officer), ISBC -1.2% (stockholders and Investors Bank's depositors approve the plan of conversion), .

Analyst comments: PKT -4.8% (downgraded to Sector Perform from Outperform at Pacific Crest).

WSJ : The Next Global 'It' Cities? Beirut? Jakarta?

The Next Global 'It' Cities?
Prices in posh markets like New York, London and Hong Kong may push international home buyers to rising markets in Beirut or Jakarta

May 1, 2014 6:39 p.m. ET
A view of Melbourne, Australia Shutterstock
In the global luxury real-estate scene, is Lagos poised to be the next big thing?
The Nigerian city is among a list of 12 up-and-coming luxury markets around the globe, according to a new report from Savills SVS.LN +1.90% World Research, in cooperation with design firm Candy & Candy and Deutsche Asset and Wealth Management.
The other cities are Beirut, Cape Town, Chennai, Chicago, Dublin, Istanbul, Jakarta, Melbourne, Miami, Panama City and Tel Aviv. The most expensive city is Tel Aviv, where an entry-level, two-bedroom luxury apartment typically cost $1.45 million in March; the least expensive was India's Chennai, where a luxury two-bedroom cost around $160,000.
The report considered economic factors, such as job-market potential and gross domestic product, but also a number of qualitative aspects, like cultural attractions and the presence of English as a first or second language.
In 2013, there were nearly 200,000 people world-wide with wealth exceeding $30 million, according to the Wealth-X & UBS World Ultra Wealth Report. As prices continue to rise in prime markets like New York, London and Hong Kong, Yolande Barnes, director of Savills World Research, predicts that luxury buyers will increasingly look to less mature markets for better value.
The cities run the gamut, from well-established markets like Melbourne and Tel Aviv, which have yet to reach their full investment potential, the report notes, to developing markets like Chennai and Lagos, which may have larger returns but more risk for buyers. "You have to look at the political risk," said Nick Candy, CEO of Candy & Candy, noting that unpredictable currency exchange and ownership hurdles for foreigners in some markets might dissuade some buyers.
In Tel Aviv, the Manhattan Tower attracts cosmopolitan buyers, says Tomer Fridman, CEO of Israel Sotheby's International Realty. "Ten to 15 years ago, there wasn't an international product," he said. Today, the 10,000-square-foot penthouse in the tower is listed for $25 million. He credits the city's thriving tech industry and interest from Europeans, among others, for the surge in foreign buying.
Other markets on the list are similar to Panama City. The Central American hub is poised for rapid growth thanks to a mix of foreign investment and government policies that benefit international buyers, said Andrea Kam, a consultant for real-estate brokerage Bonavivi in Panama City.
The global recession hit some markets on the list particularly hard, but the report says home prices are rebounding. In Dublin, for example, inventory is tightening and demand is rising, said Graham Murray, head of residential for Savills in Dublin.

Fwd:>>> Buy Iliad (ILD FP) - Stroy look better now...have a look


Stock is up more than 8% since we initiated teh position on teh 16th, I will lock some profit here...target was 210 we are only 2.5% away .
210 I will cut the all position.
Reagrds
Laurent
----- Original Message -----
From: LAURENT CHEKROUN ()
At: Apr 16 2014 10:32:03

* After Numericable / SFR Deal, Discussions with Bouygues Telecom are ongoing on a potential deal...
* Iliad could pay up to €5bil for Bouygues Telecom (According to SG Analyst), the press were mentionning that Bouygues was looking for €8bil...such amount will be paid in cash & shares but Xavier Niel will have to concede to go below the 50% of iliad...but this is the asking price and I don't think that Xavier Niel will pay that knowing the fact that it will cost himless money to developp its own networks.
* this deal will not be an issue in term of Regulatory as Free & Bouygues Telecom will have between 25% & 30% market share (vs 42.55 for Orange and ~30% for SFR)

* Iliad looks like is the only buyer even if telefonica mentionned in the press but no more details in that, timing is not in favour of Bouygues Telecom...

* AGM on the 20th of May

* Stock traded up to the €220 level and is now back on levels where it was trading just after the move on SFR /Bouygues / Numericable saga...190 appears to be a strong support now...(50d MA also)...Gap has been filled yesterday...{ILD FP Equity GPC <GO>}

* I see between 5% & 7% downside on this one and Upside is at least 15% in case of a deal

* A good hedge for this trade could be Orange {ILD FP Equity ORA FP Equity GRT D }

BUY ILIAD!!!!

>>> US Early premarket gappers

Early premarket gappers

Gapping up: WTW +11.9%, GDOT +10%, NEWP +7.6%, TMUS +7.5%, YELP +7.5%, S +7.1%, GLUU +6.3%, UIHC +5.9%, QUIK +5.7%, PGTI +5.5%, DTV +5%, AXTI +4.2%, HOLX +4.1%, ISIL +3.7%, THRX +3.6%, ARO +3.4%, FLEX +3.4%, FTEK +3%, RKUS +2.9%, IPI +2.5%, GTAT +2.3%, EROC +1.9%, MNKD +1.8%, BCS +1.7%, LNKD +1.6%, ANF +1.5%, EGN +1.5%,SRPT +1.4%, AZN +1.2%, RDS.A +1.2%, EQIX +1.2%, GILD +0.9%, FB +0.8%, MTGE +0.7%, BURL +0.6%

Gapping down: OPLK -6.7%, ARAY -6.5%, JDSU -6.1%, ELX -5.2%, PEIX -4.7%, MANT -4.5%, BVN -4.2%, WMB -4%, HOS -3.9%, SNE -3.6%, STRM -3.2%, CTHR -3.2%, AVNR -2.6%, MET -2.5%, WDC -2.4%, ARI -2.2%, CLRO -2.1%, GDX -1.5%, GOLD -1.5%, FNSR -1.1%, FET -1.1%, OILT -1%, RIO -0.9%

NY Post : Regulators not on board with Sprint T-Mobile bid: source

Sprint shares have soared more than 17 percent this week as word spread that it plans to make a bid for rival T-Mobile US this summer — but regulators appear dead set against such a deal, two Washington DC sources familiar with the situation told The Post.
“I don’t see any prospect of it going through,” one source close to the situation said. “It’s dead.”
Regulators are skeptical of such a merger, a second source said of the talked-about tie-up.
Sprint, the No. 3 wireless carrier, has seen its shares rise 17.5 percent this week, to $8.73 on Thursday, as Masayoshi Son, the CEO of Japan-based Softbank, which owns 80 percent of the company, was reportedly eying a June or July bid.
T-Mobile’s shares are up 12.6 percent, to $31.65, near a 52-week high.
In January, Sprint angered FCC Chairman Tom Wheeler when a story appeared in the Wall Street Journal about a proposed Sprint-T-Mobile deal the morning Sprint was scheduled to meet with Wheeler to discuss the possible bid, a third source said.
Wheeler believed Sprint planted the story and was trying to pressure him, the source added.
This week, Sprint’s CEO and CFO met with buy- and sell-side analysts separately explaining why it lost 364,000 net customers in the quarter.
The executives left both meetings before they could take the predictable questions about renewed merger talks, a source at one of the meetings said.
If there were merger talks, this would be the right time for Sprint to get the news out there.
Sprint rival T-Mobile reported Thursday that it added more than 2 million net new subscribers in the first quarter, well more than any of its peers.
A good deal of those new subscribers likely came from Sprint.
The FCC is set next year to start selling government-owned spectrum, and part of its rationale is telcos can just buy spectrum on the open market, instead of acquiring each other and reducing the number of national industry players from four to three — or less.
Neither Sprint nor SoftBank spokespeople returned calls for comment.