WSJ : Peugeot Looks to Approve Stronger Dongfeng Tie-Up, Capital Increase

Peugeot Looks to Approve Stronger Dongfeng Tie-Up, Capital Increase
French Auto Maker Looks to Raise €3 Billion

PARIS—French car maker PSA Peugeot Citroën UG.FR +2.89% said Thursday that its board aims to approve terms of a deeper tie-up with Chinese partner Dongfeng Motor Co., as well as a €3 billion capital increase, at a Feb. 18 meeting.

The company, which said last month that it was holding talks with both Dongfeng and the French government over a possible capital increase, said its board met Wednesday and expressed full support for the plan.

The central scenario under discussion calls for Dongfeng and the French state to contribute between a third and half of the €3 billion Peugeot wants to raise, according to people familiar with the negotiations.

The Peugeot family, the group's largest shareholder with a 25.4% stake, would spend €80 million to €120 million to buy some of the newly issued shares and avoid being diluted too much, these people said.

The company would make an additional public rights issue to make up the required amount, they said.

Upon completion of the transaction, Dongfeng, the state and the family would hold roughly equal stakes, they said.

At stake is how to provide the loss-making company with the financial means to pursue the heavy industrial, R&D and commercial investment it needs to ensure its future and bolster its presence in overseas markets.

Officials at Dongfeng couldn't be reached immediately for comment.

(BFW) Ex-SAC Fund Manager Martoma Found Guilty of Insider Trading

 BN 02/06 19:24 Ex-SAC Fund Manager Martoma Found Guilty of Insider Trading (1)
 BN 02/06 19:17 *EX-SAC FUND MANAGER MARTOMA FOUND GUILTY ON ALL CHARGES
 BN 02/06 19:17 *MARTOMA CASE FOLLOWS CONVICTION OF SAC MANAGER STEINBERG
 BN 02/06 19:17 *MARTOMA ACCUSED OF ILLEGAL TRADES TIED TO ALZHEIMER'S DRUG
BFW 02/06 19:17 *EX-SAC FUND MANAGER MARTOMA FOUND GUILTY OF INSIDER TRADING
 BN 02/06 19:17 *MARTOMA CHARGED IN MOST LUCRATIVE INSIDER SCAM IN U.S. HISTORY
 BN 02/06 19:16 *EX-SAC FUND MANAGER MARTOMA FOUND GUILTY OF INSIDER TRADING
Ex-SAC Fund Manager Martoma Found Guilty of Insider Trading
2014-02-06 19:17:54.19 GMT


By Libby Sallaberry
     Feb. 6 (Bloomberg) -- Ex-SAC fund manager Martoma accused
of illegal trades tied to Alzheimer’s drug.
  * Found guilty on all charges

Link to Company News:{615068Z US <Equity> CN <GO>}
Link to Company News:{PFE US <Equity> CN <GO>}
Link to Company News:{PRGO US <Equity> CN <GO>}

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

To contact the editor responsible for this story:
Libby Sallaberry at +1-212-617-8044 or
lsallaberry@bloomberg.net

>>> Moody's: Fed QE tapering is having a big impact on emerging market countries with external imbalances

Moody's: Fed QE tapering is having a big impact on emerging market countries with external imbalances - Moody's: The reduced global liquidity arising from the US Federal Reserve's gradual tapering of its stimulus measures is having a limited impact on the key sovereign credit metrics of emerging market countries - The impact of the withdrawal of quantitative easing, or QE tapering, is varying from country to country, but those with external imbalances or a reliance on external funding have been most vulnerable. Specifically, Moody's says that QE tapering is most likely to have a negative impact on countries that lack buffers such as hard currency reserves or policy tools such as a floating exchange rate.

(BFW) *DRAGHI SAYS ECB DIDN’T DISCUSS BUYING EQUITY

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BFW 02/06 14:30 *DRAGHI SAYS ECB DETERMINED TO REACH INFLATION JUST UNDER 2% BN 02/06 14:29 *DRAGHI SAYS ECB DETERMINED TO REACH INFLATION JUST UNDER 2% BN 02/06 14:29 *DRAGHI SAYS ECB DIDN'T DISCUSS BUYING EQUITY BN 02/06 14:29 *DRAGHI SAYS ECB DISCUSSED ALL INSTRUMENTS BFW 02/06 14:26 *DRAGHI: WEAK INFLATION PARTLY DUE TO RELATIVE PRICE ADJUSTMENTS BN 02/06 14:26 *DRAGHI: WEAK INFLATION PARTLY DUE TO RELATIVE PRICE ADJUSTMENTS BFW 02/06 14:23 *DRAGHI SAYS ECB HAS SYMMETRIC ATTITUDE TOWARD PRICE STABILITY BN 02/06 14:23 *DRAGHI SAYS ECB HAS SYMMETRIC ATTITUDE TOWARD PRICE STABILITY BFW 02/06 14:22 *DRAGHI SAYS ECB ALERT TO RISKS OF LOW INFLATION BN 02/06 14:21 *DRAGHI SAYS ECB ALERT TO RISKS OF LOW INFLATION BFW 02/06 14:21 *DRAGHI SAYS LOW INFLATION FOR LONG PERIOD RISK FOR RECOVERY BN 02/06 14:21 *DRAGHI SAYS LOW INFLATION FOR LONG PERIOD RISK FOR RECOVERY BFW 02/06 14:12 *DRAGHI SAYS EFFECTIVENESS OF POLICY HAS IMPROVED BN 02/06 14:12 *DRAGHI SAYS EFFECTIVENESS OF POLICY HAS IMPROVED BFW 02/06 14:12 *DRAGHI SAYS ECB WANTS TO SEE THROUGH PRESENT UNCERTAINTY BN 02/06 14:12 *DRAGHI SAYS ECB WANTS TO SEE THROUGH PRESENT UNCERTAINTY BFW 02/06 14:10 *DRAGHI SAYS MARKETS UNDERSTAND ECB REACTION FUNCTION BETTER BN 02/06 14:10 *DRAGHI SAYS MARKETS UNDERSTAND ECB REACTION FUNCTION BETTER BFW 02/06 14:06 *DRAGHI SAYS ALL INSTRUMENTS ALLOWED BY TREATY ARE ELIGIBLE BN 02/06 14:06 *DRAGHI SAYS ALL INSTRUMENTS ALLOWED BY TREATY ARE ELIGIBLE BFW 02/06 14:05 *DRAGHI SAYS UNCERTAINTY, NEED FOR INFO DOMINATED DISCUSSION BN 02/06 14:05 *DRAGHI SAYS UNCERTAINTY, NEED FOR INFO DOMINATED DISCUSSION BFW 02/06 14:05 *DRAGHI SAYS COUNCIL EXAMINED ALL AVAILABLE INSTRUMENTS BN 02/06 14:05 *DRAGHI SAYS COUNCIL EXAMINED ALL AVAILABLE INSTRUMENTS BN 02/06 14:05 *DRAGHI SAYS COUNCIL HAD BROAD DISCUSSION BFW 02/06 14:04 *DRAGHI SAYS ECB POLICY WILL BENEFIT FROM AQR BN 02/06 14:04 *DRAGHI SAYS ECB POLICY WILL BENEFIT FROM AQR BFW 02/06 14:04 *DRAGHI SAYS REVITALIZATION OF PLAIN-VANILLA ABS IMPORTANT BN 02/06 14:03 *DRAGHI SAYS REVITALIZATION OF PLAIN-VANILLA ABS IMPORTANT BFW 02/06 14:03 *DRAGHI SAYS WILL HAVE MORE RESILIENT BANKING SECTOR AFTER AQR BN 02/06 14:03 *DRAGHI SAYS WILL HAVE MORE RESILIENT BANKING SECTOR AFTER AQR BFW 02/06 14:03 *DRAGHI SAYS ECB WELCOMES BANKS’ ACTION AHEAD OF AQR BN 02/06 14:02 *DRAGHI SAYS ECB WELCOMES BANKS' ACTION AHEAD OF AQR BFW 02/06 14:02 *DRAGHI SAYS AQR WILL BE POSITIVE FOR LENDING BN 02/06 14:02 *DRAGHI SAYS AQR WILL BE POSITIVE FOR LENDING BFW 02/06 14:02 *DRAGHI SAYS BANKS DELEVERAGED IN VIEW OF ASSET REVIEW BN 02/06 14:01 *DRAGHI SAYS BANKS DELEVERAGED IN VIEW OF ASSET REVIEW BFW 02/06 14:01 *DRAGHI SAYS BETTER CONFIDENCE CONTRIBUTING TO BETTER LENDING BN 02/06 14:01 *DRAGHI SAYS BETTER CONFIDENCE CONTRIBUTING TO BETTER LENDING BN 02/06 14:01 *DRAGHI: EFFECT OF RISK PERCEPTION ON LENDING HAS DECLINED BFW 02/06 14:00 *DRAGHI: RISK PERCEPTION BY AND LARGE AT 2010, PRE-CRISIS LEVELS BN 02/06 14:00 *DRAGHI: RISK PERCEPTION BY AND LARGE AT 2010, PRE-CRISIS LEVELS BFW 02/06 13:59 *DRAGHI: CORPORATE BOND ISSUANCE ALMOST COMPENSATES WEAK LOANS BN 02/06 13:59 *DRAGHI: CORPORATE BOND ISSUANCE ALMOST COMPENSATES WEAK LOANS BFW 02/06 13:58 *DRAGHI SAYS NOT ALL LENDING IS DOING POORLY BN 02/06 13:58 *DRAGHI SAYS NOT ALL LENDING IS DOING POORLY BFW 02/06 13:58 *DRAGHI SAYS LENDING IS STABILIZING, REMAINS WEAK BN 02/06 13:58 *DRAGHI SAYS LENDING IS STABILIZING, REMAINS WEAK BFW 02/06 13:57 *DRAGHI SAYS ECB READY TO ACT BN 02/06 13:57 *DRAGHI SAYS ECB READY TO ACT BFW 02/06 13:57 *DRAGHI SAYS NOT CLEAR HOW BROAD EMERGING-MARKET WEAKNESS IS BN 02/06 13:57 *DRAGHI SAYS NOT CLEAR HOW BROAD EMERGING-MARKET WEAKNESS IS BFW 02/06 13:55 *DRAGHI SAYS CREDIT FLOW DATA AFFECTED BY BANK REVIEW BN 02/06 13:55 *DRAGHI SAYS CREDIT FLOW DATA AFFECTED BY BANK REVIEW BFW 02/06 13:55 *DRAGHI SAYS STAFF PROJECTIONS TO CONTAIN 2016 FORECASTS BN 02/06 13:54 *DRAGHI SAYS STAFF PROJECTIONS TO CONTAIN 2016 FORECASTS BFW 02/06 13:54 *DRAGHI SAYS COMPLEXITY OF SITUATION PREVENTED ACTION THIS MONTH BN 02/06 13:54 *DRAGHI SAYS COMPLEXITY OF SITUATION PREVENTED ACTION THIS MONTH BFW 02/06 13:53 *DRAGHI SAYS COUNCIL DECIDED TO WAIT WITH ANY DECISION BN 02/06 13:53 *DRAGHI SAYS COUNCIL DECIDED TO WAIT WITH ANY DECISION BFW 02/06 13:52 *DRAGHI: DECLINE IN CORE INFLATION MOSTLY FROM PROGRAM COUNTRIES BN 02/06 13:52 *DRAGHI: DECLINE IN CORE INFLATION MOSTLY FROM PROGRAM COUNTRIES BFW 02/06 13:52 *DRAGHI SAYS FIRMS’ PRICING POWER IS STILL WEAK BN 02/06 13:52 *DRAGHI SAYS FIRMS' PRICING POWER IS STILL WEAK BFW 02/06 13:52 *DRAGHI SAYS NO PASSTHROUGH OF VAT INCREASES IN FRANCE, ITALY BN 02/06 13:52 *DRAGHI SAYS NO PASSTHROUGH OF VAT INCREASES IN FRANCE, ITALY BFW 02/06 13:51 *DRAGHI SAYS SAVINGS RATES HAVE BEEN STABLE BN 02/06 13:51 *DRAGHI SAYS SAVINGS RATES HAVE BEEN STABLE BFW 02/06 13:51 *DRAGHI SAYS CONSUMER CONFIDENCE IS RISING BN 02/06 13:51 *DRAGHI SAYS CONSUMER CONFIDENCE IS RISING BFW 02/06 13:51 *DRAGHI SAYS RECOVERY IS PROCEEDING BN 02/06 13:51 *DRAGHI SAYS RECOVERY IS PROCEEDING BFW 02/06 13:51 *DRAGHI SAYS RECOVERY STARTS FROM LOW LEVELS BN 02/06 13:51 *DRAGHI SAYS RECOVERY STARTS FROM LOW LEVELS BFW 02/06 13:51 *DRAGHI SAYS RECOVERY STILL FRAGILE, UNEVEN BN 02/06 13:50 *DRAGHI SAYS RECOVERY STILL FRAGILE, UNEVEN BFW 02/06 13:50 *DRAGHI SAYS DEMAND SIDE IS GETTING STRONGER, NOT WEAKER BFW 02/06 13:50 *DRAGHI SAYS RECOVERY SHOWS MORE ENCOURAGING SIGNS BN 02/06 13:50 *DRAGHI SAYS DEMAND SIDE IS GETTING STRONGER, NOT WEAKER BN 02/06 13:50 *DRAGHI SAYS RECOVERY SHOWS MORE ENCOURAGING SIGNS BFW 02/06 13:50 *DRAGHI SAYS LOW INFLATION DRIVEN BY ENERGY, FOOD PRICES BN 02/06 13:50 *DRAGHI SAYS LOW INFLATION DRIVEN BY ENERGY, FOOD PRICES BFW 02/06 13:50 *DRAGHI: LOW INFLATION WARRANTS CLOSE ATTENTION BY ECB BN 02/06 13:50 *DRAGHI: LOW INFLATION WARRANTS CLOSE ATTENTION BY ECB BFW 02/06 13:50 *DRAGHI: CAN’T IGNORE RISKS OF LOW INFLATION OVER LONG PERIOD BN 02/06 13:49 *DRAGHI: CAN'T IGNORE RISKS OF LOW INFLATION OVER LONG PERIOD BFW 02/06 13:48 *DRAGHI SAYS DON’T SEE BROAD-BASED PRICE DECLINES IN EURO AREA BN 02/06 13:48 *DRAGHI SAYS DON'T SEE BROAD-BASED PRICE DECLINES IN EURO AREA BFW 02/06 13:48 *DRAGHI SAYS DON’T SEE SIMILARITIES WITH JAPANESE SITUATION BN 02/06 13:48 *DRAGHI SAYS DON'T SEE SIMILARITIES WITH JAPANESE SITUATION BFW 02/06 13:48 *DRAGHI SEES PROTRACTED PERIOD OF LOW INFLATION BN 02/06 13:47 *DRAGHI SEES PROTRACTED PERIOD OF LOW INFLATION BFW 02/06 13:47 *DRAGHI SAYS THERE’S NO DEFLATION BN 02/06 13:47 *DRAGHI SAYS THERE'S NO DEFLATION BFW 02/06 13:47 *DRAGHI: WORSENING OF INFLATION OUTLOOK REASON FOR ACTION BN 02/06 13:47 *DRAGHI: WORSENING OF INFLATION OUTLOOK REASON FOR ACTION BFW 02/06 13:47 *DRAGHI: UNWARRANTED MARKET TIGHTENING REASON FOR ACTION BN 02/06 13:47 *DRAGHI: UNWARRANTED MARKET TIGHTENING REASON FOR ACTION BFW 02/06 13:46 *DRAGHI SAYS STOPPING SMP STERILIZATION WAS NOT DISCUSSED BN 02/06 13:46 *DRAGHI SAYS STOPPING SMP STERILIZATION WAS NOT DISCUSSED BFW 02/06 13:46 *DRAGHI SAYS STOPPING SMP STERILIZATION ONE INSTRUMENT BN 02/06 13:46 *DRAGHI SAYS STOPPING SMP STERILIZATION ONE INSTRUMENT BFW 02/06 13:45 *DRAGHI SAYS LACK OF CONTAGION POSITIVE EFFECT OF ECB GUIDANCE BN 02/06 13:44 *DRAGHI SAYS LACK OF CONTAGION POSITIVE EFFECT OF ECB GUIDANCE BFW 02/06 13:44 *DRAGHI SAYS SHORT-TERM VOLATILITY DIDN’T SPILL INTO LONGER TERM BN 02/06 13:44 *DRAGHI SAYS SHORT-TERM VOLATILITY DIDN'T SPILL INTO LONGER TERM BFW 02/06 13:44 *DRAGHI SAYS EURO-AREA ECONOMY, MARKETS HAVE SHOWN RESILIENCE BFW 02/06 13:44 *DRAGHI SAYS EMERGING-MARKET DEVELOPMENT OUT OF ECB CONTROL BN 02/06 13:44 *DRAGHI SAYS EURO-AREA ECONOMY, MARKETS HAVE SHOWN RESILIENCE BFW 02/06 13:44 *DRAGHI: COUNCIL DISCUSSION FOCUSED ON WHAT COULD TRIGGER ACTION BN 02/06 13:43 *DRAGHI SAYS EMERGING-MARKET DEVELOPMENT OUT OF ECB CONTROL BN 02/06 13:43 *DRAGHI: COUNCIL DISCUSSION FOCUSED ON WHAT COULD TRIGGER ACTION BFW 02/06 13:43 *DRAGHI SAYS COUNCIL DISCUSSION WAS BROAD TODAY BN 02/06 13:43 *DRAGHI SAYS COUNCIL DISCUSSION WAS BROAD TODAY BFW 02/06 13:42 *DRAGHI SAYS CONSOLIDATION MEASURES SHOULD BE GROWTH-FRIENDLY BN 02/06 13:41 *DRAGHI SAYS CONSOLIDATION MEASURES SHOULD BE GROWTH-FRIENDLY BFW 02/06 13:37 *DRAGHI SAYS UPSIDE, DOWNSIDE INFLATION RISKS REMAIN LIMITED BN 02/06 13:37 *DRAGHI SAYS UPSIDE, DOWNSIDE INFLATION RISKS REMAIN LIMITED BFW 02/06 13:37 *DRAGHI SAYS INFLATION RISKS ARE BROADLY BALANCED BFW 02/06 13:37 *DRAGHI SAYS JANUARY INFLATION LOWER THAN GENERALLY EXPECTED BFW 02/06 13:37 *DRAGHI SEES INFLATION AROUND CURRENT LEVELS IN COMING MONTHS BN 02/06 13:36 *DRAGHI SAYS JANUARY INFLATION LOWER THAN GENERALLY EXPECTED BFW 02/06 13:36 *DRAGHI: EMERGING MARKET TURMOIL MAY CLOUD EURO-AREA RECOVERY BN 02/06 13:36 *DRAGHI: EMERGING MARKET TURMOIL MAY CLOUD EURO-AREA RECOVERY BFW 02/06 13:35 *DRAGHI: MARKET CONDITIONS HAVE POTENTIAL TO WEIGH ON ECONOMY BFW 02/06 13:35 *DRAGHI SAYS UNEMPLOYMENT REMAINS HIGH BFW 02/06 13:35 *DRAGHI SEES DOWNSIDE RISKS TO ECONOMIC OUTLOOK BFW 02/06 13:35 *DRAGHI SAYS ECONOMY TO BENEFIT FROM HIGHER EXPORT DEMAND BN 02/06 13:35 *DRAGHI SAYS BALANCE-SHEET ADJUSTMENTS WILL WEIGH ON ACTIVITY BN 02/06 13:35 *DRAGHI SAYS UNEMPLOYMENT REMAINS HIGH BN 02/06 13:35 *DRAGHI SAYS ECONOMY TO BENEFIT FROM HIGHER EXPORT DEMAND BN 02/06 13:35 *DRAGHI SAYS REAL INCOMES BENEFIT FROM LOWER ENERGY PRICES

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*DRAGHI SAYS ECB DIDN’T DISCUSS BUYING EQUITY 2014-02-06 14:29:41.715 GMT

--JULIE ALNWICK

-0- Feb/06/2014 14:29 GMT

(BFW) Telecom Italia Board May Review Bylaw Changes Feb 27: Radiocor

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BN 02/06 14:22 *TELECOM ITALIA DIRECTOR FITOUSSI COMMENTS: RADIOCOR BN 02/06 14:21 *TELECOM ITALIA BOARD MAY REVIEW BYLAW CHANGES FEB 27: RADIOCOR

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Telecom Italia Board May Review Bylaw Changes Feb 27: Radiocor 2014-02-06 14:26:14.581 GMT

By Dan Liefgreen Feb. 6 (Bloomberg) -- Today’s board gathering has ended and co. statement will be made soon, director Jean Paul Fitoussi says, according to news agency Radiocor. * Board didn’t discuss corp. governance today: Radiocor * NOTE: Telecom Italia Is Said to Propose Minucci as Chairman Today {NSN N0KEZR6KLVRC <go>}

Link to Company News:{TIT IM <Equity> CN <GO>}

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

To contact the editor responsible for this story: Dan Liefgreen at +39-02-8064-4204 or dliefgreen@bloomberg.net

>>> Walt Disney: Color on qtr --> DIS +4% Pre-Market

Walt Disney: Color on qtr (71.76)
  • FBR Capital raises its DIS tgt to $85 from $83, and taking FY14E adjusted EPS up $0.06 to $3.96 in reaction to an F1Q14 earnings report, post-close Wednesday, that, like many Disney qtrs, featured lumpiness and noise to look through but, on balance, was quite encouraging. The report illustrated the ability of Disney's improving film momentum to boost other segments-a point FBR emphasized in its preview. FBR also sees attractive pricing leverage that, in a low inflation world, is uniquely appealing.
  • Needham notes DIS reported revenue of $12.3B (up 9% y/y and 1% above its ests), Segment Operating Profit of $3.0B (up 27% y/y and 12% above its ests), and Operating EPS of $1.04 (up 31% y/y and 15% above its ests). DIS underdelivered firm's revenue estimates for the Parks, Broadcasting and Cable Networks segments, but these shortfalls were entirely offset by strength at the Film segment which came in $200mm above firm's revenue estimate. Comparisons were aided by the absence of a UK business which was sold late last year, which lost money in FY1Q13.
  • Stifel notes DIS reported FY1Q adj. EPS of $1.04 (30%+ y/y) which was $0.13 above both its estimate and consensus, while revenue of $12.31 bln (+9%) was generally in line (but strong in its opinion) ~ healthy profit growth (+27%; $233 mln ahead of its forecast) drove the beat. Firm was particularly encouraged by 1) affiliate fee growth (domestic up high single-digits) + ad trends (+10%) at ESPN; 2) Parks margins (20.6% ex- investments); 3) a strong box office for Studio Entertainment (adj. OI +75% y/y); 4) profits for Interactive (adj. OI $55 mln vs. $9 mln last year); and 5) aggressive share buybacks ($1.72 bln/pacing ahead of our original forecast).

>>> Monster Worldwide Clarification: MWW up ~15% in the premarket following Q4 r

Monster Worldwide Clarification: MWW up ~15% in the premarket following Q4 results

Co reported Q4 (Dec) non-GAAP earnings of $0.11 per share, ex-stock based compensation, may not compare to the $0.06 consensus; revenues fell 5.7% year/year to $199 mln vs the $195.24 mln consensus.
  • Revenue from the Company's North American and European operations increased on a sequential basis. Internet Advertising & Fees revenue for the fourth quarter of 2013 was $18 million compared to $19 million in last year's comparable quarter.
  • During Q4, Monster repurchased 8.2 million shares of its common stock at an average price of $5.63 per share, for a total of $46 million.
Co issues guidance for Q1, sees non-GAAP EPS of $0.06-0.10 (ex-SBC), may not compare to the $0.07 Capital IQ Consensus.

>>> ECB'S Draghi: Incoming economic data confirms eurozone economic recovery is


ECB'S Draghi: Incoming economic data confirms eurozone economic recovery is under way, but still see prolonged period of low inflation; reiterates all forward guidance - prepared remarks
- Medium and long-term inflation expectations remain firmly anchored, outlook for inflation is subdued over medium term.
- Reiterates key ECB interest rates to remain at present or lower levels for an extended period, to take all decisive action if needed.
- ECB's monetary policy stance should help support domestic demand.
- Grow will benefit from higher export demand.
- Risks to economic outlook remain to the downside, unemployment is stabilizing but remains high.
- Uncertainities in emerging markets could effect economic conditions.
- January inflation level was lower than expected, inflatio to remain around current levels in coming months.
- Upside and downside inflation risks are still limited.
- Source TradeTheNews.com

>>> US Gapping up

Gapping up

In reaction to strong earnings/guidance: GMCR +42%, (The Coca-Cola Company and Green Mountain Coffee Roasters, Inc. Enter into Long-Term Global Strategic Partnership -- Coca-Cola to Purchase 10% Minority Equity Stake in Green Mountain Coffee Roasters, Inc. for $1.25 Billion), GLUU +20.4%, AKAM +16.2%, AMSC +14%, MWW +11.2%, SNCR +10.6%, UHAL +9.6%, ALU +9.6%, OSUR +8.1%, SALE +7.4%, YELP +7.2%, YELP +7.2%, GPRE +6.6%, AOL +6.1%, HERO +5.9%, LNC +5.5%, MDSO +4.9%, DIS +3.9%, PRGO +3.9%, SGU +3.7%, QUIK +3.3%, OGE +3.3%, LB +3.3%, KKR +3.2%, SPF +3%, BKD +2.7%, SWI +2.7%, PMT +2.7%, CTIC +2.5%, ALL +2.3%, COST +2.3%, FSC +2.3%, VOD +2.1%, FLT +2%, (FleetCor signs an agreement to provide a full service outsourcing solution for CST Brands (CST) in Canada ), SNN +1.9%, TQNT +1.7%, ADS +1.6%, PLNR +1.4%, AVNR +1.1%.

M&A news: ARTC +1% (Bloomberg discusses that Johnson and Johnson (JNJ) may out bid Smith & Nephew (SNN) for ARTC), .

Select solar names showing strength: .JASO +3.8%, JKS +3.2%

Select metals/mining stocks trading higher: AU +1.8%, RIO +1.6%, IAG +1.4%, SLV +1%, GDX +0.9%.

Other news: SODA +6.8% (following KO / GMCR news), CANF +4.4% (announces Phase II study protocol for the treatment of advanced liver cancer with its CF102 drug candidate has been submitted), PLX +2.3% (transfer agreement for UPLYSO (alfataliglicerase) with Brazil's Ministry of Health approved by the Brazilian National Institute of Industrial Property), CSIQ +2.2% (announces the sale its fourth utility scale solar power plant in Ontario to a fund managed by BlackRock), CNDO +2% (Granted a Second Key Patent for CNDO-109, an Activator of Natural Killer Cells), HAIN +1.8% (may be attributed to negative mention on Mad Money), VE +1.7% (plans to lower its debt through asset sales & cuts in spending, according to reports), KO +1.3% (The Coca-Cola Company and Green Mountain Coffee Roasters, Inc. Enter into Long-Term Global Strategic Partnership -- Coca-Cola to Purchase 10% Minority Equity Stake in Green Mountain Coffee Roasters, Inc. for $1.25 bln), HOG +1.3% (increases quarterly divided 31% to $0.275 from $0.21 per share; announces additional 20 mln share repurchase authorization).

Analyst comments: BYD +3.2% (upgraded to Outperform from Mkt Perform at FBR Capital), LEN +2% (upgraded to Buy from Neutral at Goldman; added to Conviction Buy list), TQNT +1.7% (upgraded to Buy at Needham), LVLT +1.3% (upgraded to Buy at DA Davidson), CCL +1.2% (upgraded to Overweight from Neutral at HSBC Securities), CACI +0.9% (upgraded to Buy at Stifel)

>>> US Gapping down

Gapping down

In reaction to disappointing earnings/guidance: TWTR -21.6%, EMAN -12%, P -10%, P -10%, ATML -8.3%, ATML -8.3%, SFLY -7.6%, WNC -7.6%, DRIV -5.8%, SWM -5.8%, SNE -5.4%, TYL -4.9%, TTMI -4.7%, SRI -4.6%, NXPI -4.4%, (also s its subsidiary is seeking to reprice its existing $486,250,000 Tranche A-1 Loans due 2017 GM -4.1%, CALD -3.5%, (acquires LeadRocket; co expects no significant contribution to revs from the new technology until the later part of 2014 and does not anticipate the acquisition to be dilutive to earnings in Q1), CX -3.3%, TSO -3.2%, PBH -3.2%, ENTR -3.1%, SQNS -3.1%, SNY -3.1%, SCSS -2.9%, AZN -2.7%, IRBT -2.5%, RNWK -2.2%, PAA -2.1%, FMC -2%, RSTI -2%, SWIR -1.9%, MRO -1.9%, MTGE -1.4%, CS -1.4%, FISV -1.3%, PRU -1.2%.

M&A news: CALD -3.5% (acquired LeadRocket; co expects no significant contribution to revs from the new technology until the later part of 2014 and does not anticipate the acquisition to be dilutive to earnings in Q1; co also reported earnings).

Select names showing early weakness following public offerings: PPHM -7.1% (announces public offering of Series E preferred stock), NLST(F) -6.5% (prices follow-on offering of 7,548,500 shares of its common stock at $1.30 per share), CSTM -2% (announced secondary offering of 25 mln shares by selling shareholder), EPD -0.6% (priced $2 bln of Senior Unsecured Notes; $850 mln due on February 15, 2024 and $1.15 bln due on February 15, 2045).

Other news: DDD -2.7% (cont weakness), FB -1.3% (following TWTR / YELP results), FEYE -0.7% (may be attributed to CEO's appearance on Mad Money), LNKD -0.6% (following TWTR results).

Analyst comments: TTMI -4.7% (downgraded to Neutral from Buy at Longbow), PIKE -2.5% (downgraded to Hold at Stifel; believe the price captures gradual core recovery), RYL -0.8% (removed from Conviction Buy list at Goldman).