>>> US Early premarket gappers

Early premarket gappers

Gapping up: 
SINA +8.7%, HTZ +7.8%, PLUG +5.1%, RSH +4.9%, BLDP +4.7%, JASO +4.2%, TSL +3.9%, JKS +3.6%, FCEL +3.3%, YHOO +2.8%, NBG +2.7%, YGE +2.3%, TWTR +1.9%, FSLR +1.8%, TSLA +1.7%, BHP +1.3%, VOD +1.2%, CS +1.1%, RIO +1%, DB +0.6%

Gapping down: 
ICPT -7%, WUBA -1.6%, DATA -1.5%, LPSN -1.4%, GFI -0.9%

(BFW) Volvo A, B Shares Swapped by Carnegie, Nordea

Volvo A, B Shares Swapped by Carnegie, Nordea
2014-03-17 09:22:12.853 GMT


By Brian Lysaght
     March 17 (Bloomberg) -- Carnegie Investment Bank bought
5.1m Volvo A shares, while Nordea Bank sold the same amount,
according to Bloomberg data.
  * Nordea bought 5.2m Volvo B shares, while Carnegie sold ~5.1m
  * Nordea owned 44m Class B shares, or 2.76% as of Dec.;
    Carnegie owned 9.3m, or 0.6%
  * Nordea owned 4.8m Class A shares as of Dec.: Bloomberg data
  * Volvo shares are up 0.9% today
  * See March 6: Volvo A/B Spread at Widest in 14 Months as
    Cevian Builds Stake
  * NOTE: A shares carry one vote, B shares one-tenth of a vote;
    each class has equal rights to a share in the assets and
    earnings



Link to Company News:VOLVB SS <Equity> CN <GO>
Link to Company News:NDA SS <Equity> CN <GO>
Link to Company News:4068717Z SS <Equity> CN <GO>

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

To contact the editors responsible for this story:
James Ludden at +44-20-7673-2645 or
jludden@bloomberg.net
Brian Lysaght

(BFW) Jaccar Preparing Bid for Bourbon Shrs at EU24/Shr

Jaccar Preparing Bid for Bourbon Shrs at EU24/Shr
2014-03-16 22:39:50.144 GMT


By John Simpson
     March 16 (Bloomberg) -- Jaccar already holds 26.2% stake,
it says in statement.
  * Offer price represents premium of 19% over volume-weighted
    avg of last 100 trading days, 24% on close of day preceding
    announcement
Link to statement: NSN N2JV4F6JTSE8 <GO>

Link to Company News:4108618Z US <Equity> CN <GO>
Link to Company News:GBB FP <Equity> CN <GO>

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

To contact the reporter on this story:
John Simpson in Toronto at +1-416-203-5726 or
jsimpson12@bloomberg.net
To contact the editors responsible for this story:
Andrea Snyder at +1-202-624-1831 or
asnyder5@bloomberg.net
John Simpson

(Citi) Global Political Insights : Geopolitical Risks Rise Following Crimea Refe

Geopolitical Risks Rise Following Crimea Referendum

* Waiting for Crimea: Although final results have not yet been confirmed, with
reports of a "record-breaking" turnout we expect the Crimean referendum will
deliver a result in favor of joining with Russia. Early “exit polls” claimed that 93%
voted for union with Russia. Following new legislation from the Russian parliament,
Crimea could become part of the Russian Federation in as little as a month.
* Only Disconnect: The G7 indicated it would not recognize the referendum, saying
in a March 12 statement that it would "have no legal effect". This underscores the
likelihood of continued diplomatic and trade tensions even if no further military
action takes place.
* Russia's Position: Kosovo As a Blueprint for Crimea: Russia has framed its
support for Crimean independence in parallel to Western support for Kosovo's
independence from Serbia, a move which was later enshrined in a 2010 decision by
the European Court of Justice. Senior Russian officials have also made
comparisons of Ukraine's importance to Russia as exceeding that of the Falkland
Islands to the United Kingdom. One compared the situation to the Comoro Islands’
secession from France.
* Lack of "Common Vision" Between Moscow and the West: World leaders are
likely to respond to Crimea joining Russia with harsh rhetoric and threats of tougher
sanctions, increasing headline risks. However, barring a dramatic escalation, we do
not at this stage foresee the imposition of sanctions against Russia beyond the
previously announced travel bans and asset freezes on an as-yet unnamed group
of individuals. Recent days have illustrated a focus from the US and EU on
supporting the new government in Kiev rather than tough economic sanctions
against Moscow, with broader sanctions likely to spark retaliatory measures that
could impact US and European companies. Even so, given Russia's view that
Ukraine's interim government is illegal, what the West regards as carrots for Kiev
may be construed as sticks for Moscow.

(LE Point) L'Elysee : an embarrassing appointment

Link to Google Translation : {http://bit.ly/1nx0o7w}
Link to French aticle { http://bit.ly/1d677Rq}...Article in French also below

Elysium: an embarrassing appointment conversation pieces!

Leakage of appointments between Holland and journalists "World" authors of the article implicating dysfunction Sarkozy reveals more.

The revelations of the Sunday newspaper , which says François Hollande received March 7 to 19 hours in a private audience the two journalists from Le Monde article writers involving Sarkozy and his lawyer, could cause collateral damage among employees President of the Republic. It is indeed Sylvie Hubac, Chief of Staff of Francois Hollande, who has responsibility for the President's agenda. It centralizes all maintenance requests then it validated by Holland himself. Then she moves down the book appointments to the Secretary General and the Secretaries-General. Private services of the President in turn briefed the president's agenda. Finally, the security group president and his doctor are also in confidence.

Sylvie Hubac is a central figure in the Elysee. Although giving Holland lost during the Socialist primary, she found herself in this strategic position. At Solferino, on the said member of the "helicopter left," referring to the last minute parachute that arose at the Elysee, to share important functions around François Hollande not to campaign in his favor.

Sylvie Hubac champion lobbying?

According to a former employee, administrative staff Elysee knew the name of the future head of cabinet before his formal appointment. For Sylvie Hubac had access to the Elysee with her husband. She is married to Philippe Crouzet, Chairman and CEO of Vallourec, which is also known to lobby in favor of the exploitation of shale gas. It lends some influence Castle. It was even believed to have worked behind the scenes to get the head of Delphine Batho , the former Minister of the Environment. Philippe Crouzet is also very close to Christian Frémont , the Chief of Staff of Nicolas Sarkozy at the Elysee, which he visited regularly.


ARTICLE EN FRANCAIS :

Élysée : un embarrassant rendez-vous qui fait jaser !

La fuite du rendez-vous entre Hollande et les journalistes du "Monde" auteurs de l'article mettant en cause Sarkozy révèle un dysfonctionnement de plus.


Les révélations du Journal du dimanche, qui affirme que François Hollande a reçu le 7 mars à 19 heures en audience privée les deux journalistes du Monde auteurs de l'article mettant en cause Sarkozy et son avocat, pourraient causer des dommages collatéraux parmi les collaborateurs du président de la République. C'est en effet Sylvie Hubac, directrice de cabinet de François Hollande, qui détient la responsabilité de l'agenda du président. Elle centralise toutes les demandes d'entretien puis les fait valider par Hollande lui-même. Ensuite, elle fait redescendre le carnet de rendez-vous au secrétaire général puis aux secrétaires généraux adjoints. Les services privés du président sont à leur tour mis au courant de l'agenda présidentiel. Enfin, le groupe de sécurité du président de la République puis son médecin sont également dans la confidence.

Sylvie Hubac est un personnage central à l'Élysée. Bien que donnant Hollande perdant durant les primaires socialistes, elle s'est retrouvée à ce poste stratégique. À Solférino, on la dit membre de la "gauche hélicoptère", en référence aux parachutés de dernière minute qui se sont posés à l'Élysée, pour se partager les fonctions importantes autour de François Hollande sans faire campagne en sa faveur.

Sylvie Hubac championne du lobbying ?

Selon un ancien collaborateur, le personnel administratif de l'Élysée connaissait le nom de la future dircab avant sa nomination officielle. Car Sylvie Hubac avait ses entrées à l'Élysée grâce à son époux. Elle est mariée à Philippe Crouzet, P-DG de Vallourec, qui est connu par ailleurs pour faire du lobbying en faveur de l'exploitation du gaz de schiste. On lui prête une certaine influence au Château. On l'a même soupçonné d'avoir oeuvré en coulisses pour obtenir la tête de Delphine Batho, l'ex-ministre de l'Environnement. Philippe Crouzet est également très proche de Christian Frémont, le directeur de cabinet de Nicolas Sarkozy à l'Élysée, auquel il rendait visite régulièrement.

NY Post : Cohen in new insider trading lawsuit

SAC Capital founder and multibillionaire Steve Cohen has emerged in yet another insider trading complaint.
A civil case filed Thursday by the Securities and Exchange Commission against former SAC tech analyst Ronald Dennis mentioned three unnamed portfolio managers who received his illicit tips — netting SAC $3.8 billion in profits and avoiding losses.
The SEC did not name the portfolio managers, but Bloomberg Businessweek has identified “Portfolio Manager C” as none other than SAC boss Cohen.
The SEC alleges that Portfolio Manager C earned profits of $1.1 million trading off illicit tips about tech company Dell that came from Dennis.
Dennis fed those tips to the other portfolio managers who were his bosses, identified by Businessweek as Alec Shutze and Eric Gerster.
The government’s decades-long insider trading probe has long focused on Cohen.
The powerful investor has not been charged with any criminal wrongdoing. Cohen was directly named in two prior criminal insider trading trials that led to convictions of SAC employees.