Japan Deputy Chief Cabinet official: Ready to take further steps on stimulus as needed as sales tax raise in Apr
Could see a bigger correction now...
Hermes CEO: Expects lower profits in 2014 due to factors including the Yen - press
Faurecia, African minerals, Symrise, Stada, Swedish Orphan Biovitrum, Shire, Cobham, Weir Group, Smiths Group, Wirecard, Informa, Havas, Sky Deutschland, Ophir Energy, Hunting Plc, Burberry Group, Delhaize Group, Alcatel Lucent, Software AG, Vodafone, Swisscom, TUI Travel, Sevent Trent, Pennon Group.
Full note attached
Air Berlin could be fully acquired by Etihad
Air Berlin, a German airline, could be fully acquired by its minority partner Etihad, Rheinische Post reported. The German daily cited unnamed industry experts who said a full takeover by Etihad is a possibility.
Air Berlin yesterday announced it is currently in advanced discussions on options, which, if implemented, would have a substantial effect of the company. As such, the company postponed its annual press conference as well as the analysts and investors conference from 20 March to 27 March 2014.
Source Rheinische Post
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BN 03/20 08:02 *LUNDIN CEO ASHLEY HEPPENSTALL COMMENTED AT CONFERENCE IN OSLO BN 03/20 08:02 *LUNDIN CONSIDERING BUYING MARATHON NORWAY ASSETS, CEO SAYS
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*LUNDIN CONSIDERING BUYING MARATHON NORWAY ASSETS, CEO SAYS 2014-03-20 08:06:29.466 GMT
--JAMES LUDDEN
-0- Mar/20/2014 08:06 GMT
Tango raises USD 280m in Alibaba-led fresh fund raising round
Tango, a US-based mobile video communications app, has raised USD 280m in its latest round of fund raising led by Chinese e-commerce company Alibaba, according to the company's website.
A related Infocast News report on 20 March said that Alibaba invested USD 215m in the company. Other existing company investors contributed USD 65m, the news item said.
Source Company website, Infocast News
Continental AG Schaeffer reports FY13 Adj EBIT €1.41B v €1.41B y/y, Rev €11.2B v €11.1B y/y
- Guides FY14 currency adj Rev up 5-7%, EBIT margin 12-13
US Market closed lower after FOMC Meetingm, with small caps leading the move...As expected, the Federal Open Market Committee announced another $10 billion taper, reducing the size of its monthly asset purchases to $55 billion ($25 billion in agency mortgage-backed securities and $30 billion in longer-term Treasuries). In addition, the Committee opted to drop the 6.5% unemployment threshold from its forward guidance while choosing to shift the focus to a ‘wide range of information' on jobs as well as inflation...VIX @ 15.10 +4.1%...Volume were still on the light side @ 650 mil shares...Asian markets are lower nearly across the board, tracking the post-Fed selloff in US indices...Shanghai Composite opened in the green but -ve now on GS cutting its Q1 GDP atrget , boost came from a press report that China State Council will accelerate construction projects and other measures to help stabilize economic growth as soon as possible. A call to...Nikkei -1.65%...HS -1.82%...Shanghai -1.40%
Eur$ 1.3839 S&P Fut : -0.25% European Future : -1.17%
Keep an eye on :
- ASSAB SS : Assa Abloy CEO Reiterates 2014 Growth Forecast, DI Reports
- BMPS IM : Monte Paschi Foundation in Talks With Investors on Stake Sale
- DANSKE DC : Danske Must Boost Income, Cut Costs, Chairman Tells Berlingske
- DEZ GY : Deutz 2013 Ebit Rises, Margin Meets Forecast
- ELG GY : Elmos Semiconductor 2013 Profit Rises, Sees Higher Rev. in 2014
- FNC IM : Finmeccanica Profit Beats; to Assess Transport Bidders Shortlist
- FPE3 GY : Fuchs Petrolub 2013 Net Rises 6%; Sees 2014 Sales, Profit Rise
- HBH3 GY : Hornbach Holding 2013/2014 Sales EU3.37b; Analyst Est. EU3.34b
- RMS FP : Hermes 2013 Oper. Inc. Meets Ests.
- LXS GY : Lanxess Sees 1Q Adj. Ebitda at About EU200m, Confirms 2014 Goal
- MUV2 GY : Munich Re Announces EU1b Share Buyback; Sees Profit Decline
- OPHR LN : Ophir 2013 Net Loss $247m; Existing Cash Resources $667m
- PFV GY : Pfeiffer Vacuum 2013 Net Falls 24%; Div. Misses BDVD Forecast
- RF FP : Eurazeo’s Europcar Mandates Rothschild for IPO, Les Echos Says
- SAN FP : Bristol-Myers, Sanofi Accused of Deceptive Marketing by Hawaii
- FP FP : Total Confirms It Will Boost Argentina Investments: Timerman
- UCG IM : UniCredit Set to Turn Into Banking Union’s Cash Cow: Mediobanca
- ZC FP : Zodiac Aerospace 1H Rev. Rises 9.2% to EU2.0b
>>> Up
*BANK ST PETERSBURG RAISED TO BUY VS NEUTRAL AT BOFAML
*BOLIDEN RAISED TO BUY AT BOFAML
*BUREAU VERITAS RAISED TO BUY VS NEUTRAL AT CITI
*KAZMUNAIGAS RAISED TO BUY VS NEUTRAL AT BOFAML
*LSE RAISED TO NEUTRAL VS UNDERWEIGHT AT JPMORGAN
*METRO RAISED TO OUTPERFORM VS UNDERPERFORM AT RAYMOND JAMES
*NETCARE RAISED TO NEUTRAL VS UNDERPERFORM AT BOFAML
*PETROPAVLOVSK RAISED TO NEUTRAL VS UNDERPERFORM AT BOFAML
*POLYUS RAISED TO NEUTRAL VS UNDERPERFORM AT BOFAML
*POLYMETAL RAISED TO NEUTRAL VS UNDERPERFORM AT BOFAML
*ROSTELECOM RAISED TO NEUTRAL VS UNDERPERFORM AT BOFAML
*ROYAL BANK OF SCOTLAND RAISED TO HOLD VS SELL AT INVESTEC
*SIEMENS RAISED TO BUY VS NEUTRAL AT UBS
*TECHNIP RAISED TO OUTPERFORM VS NEUTRAL AT EXANE
*VESTAS RAISED TO BUY VS HOLD AT SEB
>>> Down
*ANTOFAGASTA CUT TO NEUTRAL VS OUTPERFORM AT EXANE
*BABCOCK CUT TO NEUTRAL VS BUY AT CITI
*BBVA CUT TO SELL VS HOLD AT SOCIETE GENERALE
*DEUTSCHE BOERSE CUT TO UNDERWEIGHT FROM NEUTRAL AT JPMORGAN
*LEGAL & GENERAL CUT TO UNDERPERFORM VS SECTOR PERFORM AT RBC
*PARTNERSHIP CUT TO NEUTRAL VS BUY AT BOFAML
*SNAM CUT TO HOLD VS BUY AT DEUTSCHE BANK; PT RAISED TO EU4.4
>>> PT Change
>>> Initiation
>>> Call
>> Stock
*ARKEMA, ING, APERAM ADDED TO GOLDMAN’S FOCUS LIST
*BIOMERIEUX ADDED AS A LEAST PREFERRED STOCK AT UBS
*GALENICA REMOVED AS A LEAST PREFERRED STOCK AT UBS
*ESSILOR REMOVED FROM CITI’S FOCUS LIST EUROPE
*NOVO NORDISK ADDED TO CITI’S FOCUS LIST EUROPE