*WASTE MANAGEMENT TO SELL WHEELABRATOR UNIT FOR $1.94B
Early premarket gappers
Gapping up: GEVO +21%, ARWR +15.2%, CGNX +14.2%, PLUG +12.3%, SIMO +9.2%, HLS +8.9%, IDTI +8.2%, IDTI +8.2%, AMKR +7.1%, MAS +6%, AET +4.9%, DRI +3.6%, SIRI +3.6%, AIXG +2.7%, SAVE +2.6%, YNDX +2.5%, HW +2.2%, UTHR +2.2%, APTS +1.9%, HCA +1.9%, MSTR +1.8%, KLIC +1.7%, RRC +1.5%, XL +1.5%, PSDV +1.4%, RYN +1.4%, PFE +1.3%,HMC +1.2%, SAN +1.1%, MRK +1.1%, SAN +1.1%, TLM +1.1%, BBVA +1%, MVNR +0.9%, WYNN +0.9%, AGNC +0.8%, BCS +0.7%
Gapping down: TRGT -24%, MERU -16.3%, KBIO -11.9%, AFOP -11.4%, HLF -11%, TTS -8.6%, LOCO -5.5%, NCLH -3.8%, GNC -3.4%, BDN -3.2%, TCPC -3.2%, PCL -3%, PT -1.7%, BP -1.4%, LXRX -1.4%, SDRL -1.3%, CRWS -1.2%, ASML -1.2%, JKS -1.1%, UBS -1.1%, WMT -0.9%, WM -0.8%
Gapping down: TRGT -24%, MERU -16.3%, KBIO -11.9%, AFOP -11.4%, HLF -11%, TTS -8.6%, LOCO -5.5%, NCLH -3.8%, GNC -3.4%, BDN -3.2%, TCPC -3.2%, PCL -3%, PT -1.7%, BP -1.4%, LXRX -1.4%, SDRL -1.3%, CRWS -1.2%, ASML -1.2%, JKS -1.1%, UBS -1.1%, WMT -0.9%, WM -0.8%
*DEUTSCHE BANK AG SUPPORTED RATING CUT 1 LEVEL BY MOODY'S
*MERCK & CO. 2Q ADJ. EPS 85C, EST. 81C
*RUSSIA CANCELS OFZ AUCTION TOMORROW, CITES MKT CONDITIONS
BN 07/29 09:51 *AGEAS SUSPENDED IN BRUSSELS TRADING
BN 07/29 09:00 *DUTCH COURT SAYS SEPARATE PROCEDURE ON COMPENSATION AMOUNT
BN 07/29 08:56 *DUTCH COURT RULES IN CASE STARTED BY FORTISEFFECT, SHRHOLDERS
BN 07/29 08:54 *DUTCH APPEALS COURT COMMENTS ON FORTIS RULING ON WEBSITE
BN 07/29 08:53 *FORTIS LIABLE FOR MISLEADING COMMENTS IN 2008: DUTCH COURT
BN 07/29 09:00 *DUTCH COURT SAYS SEPARATE PROCEDURE ON COMPENSATION AMOUNT
BN 07/29 08:56 *DUTCH COURT RULES IN CASE STARTED BY FORTISEFFECT, SHRHOLDERS
BN 07/29 08:54 *DUTCH APPEALS COURT COMMENTS ON FORTIS RULING ON WEBSITE
BN 07/29 08:53 *FORTIS LIABLE FOR MISLEADING COMMENTS IN 2008: DUTCH COURT
*AGEAS SUSPENDED IN BRUSSELS TRADING AT REQUEST OF REGULATOR
2014-07-29 09:51:40.620 GMT
--MARTIJN VAN DER STARRE
-0- Jul/29/2014 09:51 GMT
2014-07-29 09:51:40.620 GMT
--MARTIJN VAN DER STARRE
-0- Jul/29/2014 09:51 GMT
*EUROSTAR TO START LONDON-MARSEILLE SERVICE IN 2015: AFP
2014-07-29 08:34:00.123 GMT
--STEVE RHINDS
-0- Jul/29/2014 08:34 GMT
2014-07-29 08:34:00.123 GMT
--STEVE RHINDS
-0- Jul/29/2014 08:34 GMT
*GERMAN 10-YEAR BUND YIELD DROPS TO RECORD-LOW 1.121%
Technip Has Quality at Discount, Positives Being Ignored: HSBC
2014-07-29 07:34:30.480 GMT
By James Cone
July 29 (Bloomberg) -- Technip showed at 2Q that it’s
operationally back on track, well positioned to outperform
challenged sector, but positives are being ignored, HSBC says in
note.
* HSBC: roadshow revealed co. better than EU20b record backlog
inferred; continues to take steps to improve cost base, has
competitive edge from early stage projects, technology
* Co. being selective on new work, order backlog though is
unlikely to change significantly
* Continues to see attractive risk/reward even with wider
industry, geopolitical uncertainties
* 2014/15 top line est. raised 3%/4%, EPS ests. cut 4% for
both yrs on onshore/offshore margin expectations;
2016/17 top line ests. up 10%/14% with EPS ests. raised
7%/15%
* Maintains overweight rating, PT unchanged at EU95; sees
return to premier rating, has attractive entry point
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
James Cone in London at +44-20-7673-2572 or
jcone@bloomberg.net
To contact the editor responsible for this story:
James Ludden at +44-20-7673-2645 or
jludden@bloomberg.net
2014-07-29 07:34:30.480 GMT
By James Cone
July 29 (Bloomberg) -- Technip showed at 2Q that it’s
operationally back on track, well positioned to outperform
challenged sector, but positives are being ignored, HSBC says in
note.
* HSBC: roadshow revealed co. better than EU20b record backlog
inferred; continues to take steps to improve cost base, has
competitive edge from early stage projects, technology
* Co. being selective on new work, order backlog though is
unlikely to change significantly
* Continues to see attractive risk/reward even with wider
industry, geopolitical uncertainties
* 2014/15 top line est. raised 3%/4%, EPS ests. cut 4% for
both yrs on onshore/offshore margin expectations;
2016/17 top line ests. up 10%/14% with EPS ests. raised
7%/15%
* Maintains overweight rating, PT unchanged at EU95; sees
return to premier rating, has attractive entry point
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
James Cone in London at +44-20-7673-2572 or
jcone@bloomberg.net
To contact the editor responsible for this story:
James Ludden at +44-20-7673-2645 or
jludden@bloomberg.net
*ORANGE CEO SAYS FRENCH CARRIER CONSOLIDATION `LIKELY'