>>> US Filings, Offerings and Pricings

Filings, Offerings and Pricings

Filings:

* BioDelivery Sciences (BDSI) filed for a $75 mln mixed securities shelf offering.

Offerings:

* Pacific Energy Development (PED) proposed a public offering of common stock, terms to be determined on later date; Co currently estimates the size of its offering at $8.0 million * Orexigen Therapeutics (OREX) announced proposed offering of $100 million of convertible senior notes. * US Ecology (ECOL) launched a public offering of 2.6 mln shares. * Ring Energy (REI) announced a plans to offer 5 mln shares of its common stock in an underwritten public offering. * US Geothermal (HTM) announced that on Nov 29, 2013 it filed a replacement shelf registration statement on Form S-3 with the SEC. The replacement shelf registration statement was filed as routine course of business due to the impending expiration of the co's existing $50 million shelf registration statement that, under SEC rules, would have expired on Dec 1, 2013.

>>> Talisman Energy: Icahn discloses 7.37% active stake in amended 13D filing; u

Talisman Energy: Icahn discloses 7.37% active stake in amended 13D filing; up from 6.96% on 10/28; entered into a Nomination and Standstill Agreement and a Confidentiality Agreement

"On December 1, 2013, the Reporting Persons entered into a Nomination and Standstill Agreement and a Confidentiality Agreement, and on December 2, 2013 issued a joint press release, with the Issuer, copies of which are filed herewith as exhibits and incorporated herein by reference."

{TLM US Equity DES <GO>}

>>> US Gapping down

Gapping down

In reaction to disappointing earnings/guidance: ECOL -5.9%, (launches public offering of 2.6 mln shares), UNH -0.6%.

Select metals/mining stocks trading lower: AEM -2%, GDX -1.9%, SLV -1.8%, GG -1.6%, SVM -1.6%, GOLD -1.5%, AUY -1.5%, GLD -1.4%, AU -1.3%, NEM -1.3%.

Other news: PBR -9% ( informs about the diesel and gasoline pricing policy, appreciated by its board of directors, that will be implemented from November 29; also downgraded), OREX -5.3% (Orexigen Therapeutics Proposed Offering of $100 Million of Convertible Senior Notes), FREE -4.9% (announces its Amended and Restated Articles of Incorporation were amended to effect a reverse stock split of the co's issued and outstanding common stock at a ratio of one new share for every 5 shares currently outstanding), ZOOM -4% (modestly pulling back), RNF -3.5% (Rentech Nitrogen Partners, L.P. Confirms Incident at East Dubuque Facility), IRE -2.8% (still checking), VIV -2.1% (still checking), JCP -1.9% (still checking), SHLD -1.5% (Sears Reports Thanksgiving, Black Friday Trends and Insights), ABX -1.2% (Barrick Gold's John Thornto considering China deal, according to reports), UL -1.2% (still checking), SCTY -0.9% (despite positive mention in Barron's), BUD -0.9% (still checking), HPQ -0.5% (despite positive mention in Barron's), BP -0.2% (FT discusses that BP (BP) is expecting a surge in oil spill payments)

Analyst comments: GRPN -2.8% (downgraded to Neutral from Buy at Goldman), SHPG -1.8% (Shire downgraded to Neutral from Buy at UBS), GCO -1.2% (Genesco downgraded to Neutral from Overweight at Piper Jaffray), MMM -1% ( downgraded to Underweight from Equal-Weight at Morgan Stanley), S -1% (downgraded to Neutral from Outperform at Macquarie), TRV -0.8% (Travelers downgraded to Neutral from Buy at Goldman), HOLX -0.8% (downgraded to Market Perform from Outperform at Cowen), TWX -0.5% (Time Warner downgraded to Neutral from Buy at Guggenheim)

>>> US Gapping up

Gapping up

M&A news: BCA +7.6% (discloses it is analyzing potential transactions involving the bank, which could include, among other structures, a merger with other national or international bank operators), SPR +0.8% ( GKN (GKNLY) may bid for plans owned by SPR that make wing parts for Boeing (BA), according to reports), .

Select biotech related names showing strength: MACK +9.1%, CTIC +5.7% (Cell Therapeutics receives $5 mln milestone payment from Teva ), ARIA +5.4%, ACHN +4%, DNDN +3.4%, GALE +2.5%, AMRN +1.6% (announces notification of patent allowances for U.S. applications related to triglyceride lowering with a mixture of omega-3 free fatty acid in both the MARINE and ANCHOR patient populations), ACRX+1.2% (announces that the Zalviso NDA was accepted for filing by the FDA on Nov 26, 2013).

Other news: FRO +10% (continued strength), ALU +4.4% (still checking), CIE +3.5% ( confirms significant pre-salt discovery at its Lontra #1 Well, Offshore Angola), HSOL +3.4% (reaches RMB 3.5 Billion Credit Agreement with the Bank of Beijing), AMZN +3.2% (ComScore: Black Friday sees $1.2 bln in desktop e-commerce spending marks; first billion-dollar online shopping day of the 2013 Holiday season; 60 Minutes featured AMZN's new R&D delivery method that deliveries small items by drone aircraft), EBAY +2.9% (ChannelAdvisor reported eBay (EBAY) came in at 28.1% compared to Black Friday's 38.7%, but still out-grew Amazon and is about twice the pace of e-commerce growth; upgraded to Buy from Neutral at Sun Trust Rbsn Humphrey), MT +1.9% (The ThyssenKrupp Steel USA rolling and coating plant in Calvert/Alabama is being sold to a consortium of ArcelorMittal and Nippon Steel & Sumitomo Metal), JKS +1.4% ( signs strategic cooperation agreement for a 200MW project with local government of Lingwu City of Ningxia Hui autonomous region), DOW +1.1% (Dow Chemical announces carve-out scope for $5 bln of commodity chemicals businesses; right-sizes chlorine footprint to meet dows downstream needs in high-growth markets), DDD +1.1% (announces availability of its ProJet 4500 3D printer and ProJet 5500X), TLM +0.9% ( announced that the company has entered into an agreement with Carl Icahn and his affiliates; Samuel Merksamer and Jonathan Christodoro will join the Company's Board of Directors in December 2013).

Analyst comments: MNST +2.4% (upgraded to Overweight from Neutral at JP Morgan), SPG +1.4% (upgraded to Overweight from Equal-Weight at Morgan Stanley), PGR +1.3% (Progressive upgraded to Neutral from Sell at Goldman), SPG +0.8% ( upgraded to Overweight from Equal-Weight at Morgan Stanley)

>>> US Early premarket gappers

Early premarket gappers

Gapping up: FRO +10%, MACK +9.1%, CTIC +5.7%, ARIA +5.4%, ALU +4.4%, ACHN +4%, CIE +3.5%, HSOL +3.4%, DNDN +3.4%, AMZN +3.2%, MT +1.9%, AMRN +1.6%, JKS +1.4%, DOW +1.1%, DDD +1.1%

Gapping down: ECOL -5.9%, FREE -4.9%, ZOOM -4%, IRE -2.8%, VIV -2.1%, AEM -2%, JCP -1.9%, GDX -1.9%, SLV -1.8%, GG -1.6%, GOLD -1.5%, AUY -1.5%, GLD -1.4%, AU -1.3%, NEM -1.3%, ABX -1.2%, UL -1.2%, SCTY -0.9%, BUD -0.9%, HPQ -0.5%

>>> Shire Plc Enters Into agreement to supply Adderall XR Authorized Generic in

Shire Plc Enters Into agreement to supply Adderall XR Authorized Generic in the US - Shire US Inc. has entered into an agreement to supply an authorized generic version of its product Adderall XR. Under the agreement, Sandoz Inc. will market an authorized generic version of Adderall XRbeginning July 1, 2016. From the December 1, 2013 effective date of the agreement through the end of the agreement's five-year term, Sandoz has agreed to exclusively sell the authorized generic version of Adderall XR supplied by Shire. - Shire will manufacture and supply Sandoz with all dosage strengths of the authorized generic product. Sandoz will distribute the product in the United States. Shire will receive a royalty from Sandoz's sales of the product.

Reminder : Stock has been dwg by UBS this morning, let me know if u want the full note

WSJ : Dhanin Gears Up for $1.6 Billion Thai IPO

Dhanin Gears Up for $1.6 Billion Thai IPO

Telecommunications Trust's December Listing Set to be Thailand's Second-Biggest in 2013

Thailand's richest man, Dhanin Chearavanont, is gearing up to launch an initial public offering of some of his telecommunications assets in a nearly $1.6 billion deal this week, people with knowledge of the matter said Monday, in what is set to be the country's second-biggest IPO this year. Mr. Dhanin's bankers have already started talking to institutional investors interested in buying units in the IPO of True Telecommunications Growth Infrastructure Fund, the people said. True Telecommunications, which will be a trust listing, will be carved out of Mr. Dhanin's telecom firm True Corp., which is one of the country's top three telecom operators providing broadband Internet, mobile phone, and pay-TV services. True Telecommunications will officially start taking orders once Thai regulators approve the listing plan, the people said, adding that they expect True Telecommunications to get the green light this week. When it goes public, True Telecommunications' IPO will be Thailand's second-largest IPO this year after Bangkok elevated skytrain operator BTS Infrastructure Growth Fund's $2.1 billion IPO in April. True Telecommunications is planning its listing even though the Thai stock market is currently one of the worst performing in Southeast Asia, as protests against Prime Minister Yingluck Shinawatra hurt sentiment toward Thai stocks. As a trust listing, True Telecommunications will attract investors seeking yields at a time of low interest rates. The prospect of the Federal Reserve tapering its bond-buying programwill affect demand for trust assets, say analysts. Thailand's stock market is down 1% Monday, bringing it 2.6% lower for the year.