Gapping up
In reaction to strong earnings/guidance:
In reaction to strong earnings/guidance:
- PXLW +19.4%, DATA +15.1%, FTNT +13%, PCTY +8.5%, BPY +7.7%, PFSI +5.6%, AVIR +5%, ESL +4.6%, IXYS +4.2%, V +3.9%, CY +3.6%, CLX +2.9%
- HMC +2.9%, CENT +2.7%, AMGN +2.5%, AIV +1.7%, ESS +1.6%, XPLR +1.2%, THG +1.2%
M&A news:
- CERU +13.9% (likely on continued M&A sepculation (strategic alternatives announced Feb 1))
Select financial names showing strength amid headlines that President Trump will begin acting today on plans to reduce regulatory burdens on the financial sector, with the review review Dodd-Frank and reversal of the Fiduciary Rule:
- BCS +2.5%, BAC +1.7%, GS +1.6%, C +1.4%, CS +0.7%, ING +0.7%
Other news:
- MDCO +10.5% (following Amgen's Repatha update and earnings)
- IPCI +10.4% (announces FDA acceptance for filing of NDA for Rexista (oxycodone hydrochloride extended release), an abuse deterrent opioid analgesic for the treatment of moderate to severe pain)
- ESPR +10% (following Amgen's Repatha update and earnings)
- SDRL +6.1% (modestly rebounding following recent weakness)
- AMGN +2.5% (announces Repatha significantly Reduced the risk of cardiovascular events in FOURIER Outcomes Study -- Landmark Repatha Cardiovascular Outcomes Study meets primary and key secondary endpoint)
- PANW +1.7% (in sympathy with FTNT earnings
- MA +1.3% (in sympathy with V earnings)
- REGN +1% (following Amgen's Repatha update and earnings)
Analyst comments:
- RIG +1.3% (upgraded to Outperform from Neutral at Credit Suisse )
- AMTD +1.3% (upgraded to Outperform from Neutral at Credit Suisse)
- F +0.9% (upgraded to Overweight from Equal Weight at Barclays )
- FCAU +0.7% (upgraded to Equal Weight at Barclays)
Gapping down
In reaction to disappointing earnings/guidance:
In reaction to disappointing earnings/guidance:
- DECK -20.7%, FEYE -18.3%, GIMO -14.3%, GPRO -13.7%, HBI -9.7%, ELY -8.9%, ATHN -8%, ACET -5.2%, AMZN -4.3%
- MWA -3.9%, (Increases diviend 33%, Announces up to $250 mln share repurchase (Included prior repurchase); Names J. Scott Hall CEO)
- GFI -2.8%, PMT -2.5%, VR -1.9%, HIG -1.7%, AN -1.7%, RTEC -1.5%, WY -1.4%, BRS -0.9%, PSX -0.7%,WETF -0.5%
Select metals/mining stocks trading lower:
- VALE -4%, RIO -3.6%, BBL -3.4%, BHP -3%, CLF -2.2%, X -1.8%, MT -1.7%, FCX -1.5%, AKS -1.5%, AG -1.4%, SLW -1.4%, GOLD -1.2%, PAAS -1%, ABX -1%
Other news:
- IDXG -21.3% (commences common stock offering)
- XGTI -12.7% (intends to offer for sale shares of its common stock and warrants to purchase its common stock in an underwritten public offering; size not disclosed), NEOS -10.3% (provides corporate update in conjunction with today's common stock offering; co sees Q4 revs just short of estimates; commences common stock offering; size not disclosed)
- RUBI -6.3% (indicated lower following block trade pricing)
- SBGL -4.2% (reports H1 gold production in-line with LY; also expressed its intention to raise a between a minimum of $750 mln and $1 bln dollars in the equity capital markets)
- HTBX -4.1% (files prospectus supplement pursuant to which it may sell shares of its common stock having an aggregate offering price of up to $17.5 mln)
- AMBA -2.6% (following GPRO earnings)
- VOD -1% (continued weakness following yday's earnings)
Analyst comments:
- CLVS -6.1% (downgraded to Sell at Chardan Capital Markets)
- ARRY -2% (downgraded to Neutral from Overweight at JP Morgan)
- LULU -1.5% (downgraded to Sector Weight from Overweight at KeyBanc Capital Mkts)
- RL -1% (downgraded to Neutral from Buy at UBS)
- PRXL -0.8% (downgraded to Neutral from Buy at Citigroup; downgraded to Sell from Hold at Deutsche Bank)
Qwant raises EUR 38.5m from Axel Springer, Caisse des Dépôts and EIB
Qwant, the European search engine that protects the privacy of its users, raises a total of EUR 38.5m with the renewed support of Axel Springer of EUR 3.5m, the new investment of Caisse des Dépôts as a public interest investor of EUR 15m and a EUR 20m loan granted by The European Investment Bank (EIB).
This equity investment will allow the alternative search engine development in Europe. Qwant has its own indexing technology and guarantees the confidentiality of users' personal data. Its founders also participated in this round of financing and remain majority shareholders.
Since its inception in 2013, the Qwant search engine has been driven by a philosophy of innovation. The Qwant search engine protects its users' privacy by design. Qwant boasts an impressive audience growth, doubling the number of visits year on year.
Guillaume Teboul, partner at Cambon Partners, “I'm proud to have taken on the challenge: despite the deal's initial complexity, the company's metrics, along with user expectations of the service, were such that we were able to bring the project to fruition”.
Acknowledging the necessity to guarantee the security and anonymity of users and giving back its nobility to natural indexing, Caisse des Dépôts is committing to this project from a moral point of view. According to Gabrielle Gauthey, Director of local development and investment at Caisse des Dépôts,“our institution is delighted to offer its committed support to this project, on a European scale, with which we share the ethical values”.
The German group Axel Springer re-invests in Qwant's search engine. Ulrich Schmitz, Managing Director of Axel Springer Digital Ventures, explains: “What we find exciting about Qwant is its innovative spirit and its strong focus on technological development. Through our engagement we hope to learn more, receive impulses as well as contribute to Qwant’s further development and growth in Europe.”
FRENCH SOLDIER OPENS FIRE AFTER MAN TRIED TO ENTER PARIS LOUVRE MUSEUM WITH SUITCASE - POLICE SOURCE
Schulz clearly before Merkel
- Link in German : https://www.tagesschau.de/inland/deutschlandtrend-723.html
The nomination of Martin Schulz as candidate for chancellor brought the SPD peaks in ARD Germany trend . If the chancellor were elected directly, he would easily pass Merkel. Moreover, the confidence of the Germans in the USA is at a low point.
By Ellen Ehni, WDR
If the Germans could choose the Chancellor directly, then Martin Schulz would have a clear head for the SPD: 50 per cent would choose him, nine points more compared to Wednesday a week, shortly after Schulz was nominated Was. 34 percent would elect Angela Merkel, seven points less than a week ago. This has dimap a poll by Infratest for ARD Germany trend on behalf of tagesthemen result.
For comparison: In autumn 2012, after the nomination of Peer Steinbrück to the chancellor candidate of the SPD, there was no comparable "euphoria effect". In October 2012, 49 per cent of respondents said they would opt for Angela Merkel. 38 percent would have given the challenger Steinbrück their voice if they could have chosen the Chancellor directly.
50 percent want an SPD-led government
The fact that the SPD has now nominated its chancellor candidate strengthens the desire for a change in federal policy among the people: 50 per cent of the interviewees want the next federal government to be led by the SPD. 39 per cent believe that the next federal government is to be managed by the Union.
A desire for a change came shortly after the nomination of Steinbrück, but this was not quite as strong: In October 2012, 46 per cent for a SPD-led federal government, 42 for an unions-led federal government.
How lasting the Schulz euphoria will be depends on how the SPD will position itself in the election campaign. 68 per cent of the party voters say that the party's solution proposals are the most important for their decision. Only 17 per cent find the person most likely to be the top candidate; Twelve per cent decide because of their long-term commitment to the party. Please note that until the next Bundestag election, there are seven months left.
Ex-Foreign Minister Steinmeier most popular politician
On the list of the popular politicians is the former Foreign Minister Frank-Walter Steinmeier: 79 per cent of the respondents are satisfied with their work (1 point compared to the previous month). He is succeeded by Finance Minister Wolfgang Schäuble with 62 percent approval (-1). Martin Schulz achieved 55 percent approval (-2). With him, Chancellor Angela Merkel - she loses a point and also comes to 55 percent approval. With the work of Interior Minister Thomas de Maizière, 50 percent are satisfied or very satisfied (-7). Cem Özdemir, the party chairman of the Greens, reached 49 per cent of the vote (+1). The new Foreign Minister and former Minister of Economy Sigmar Gabriel reached 42 percent approval (-1). The Bavarian Prime Minister and CSU chairman Horst Seehofer loses eleven points and comes to 34 percent approval.
Sunday question: Nomination of Schulz strengthens SPD
Also on the Sunday question the nomination of Martin Schulz noticeable: If Sunday would be Bundestag, the union would come to 34 percent, three points less than in January. The SPD can improve by eight points and comes to 28 percent - this is the best value measured so far for the SPD in Germany during this legislature. The left and the Greens lose a point and land both at eight per cent. The FDP improves by one point and comes to six percent. The alternative for Germany lost three points and landed at twelve percent.
In the question of which government coalition the citizens desire, the Grand Coalition finds the greatest agreement: 43 per cent believe the continuation of the CDU / CSU and SPD alliance is good or very good for Germany. This is, however, five points less compared to November 2016. A government of the Union and Greens is preferred by 36 per cent of respondents (+/- 0). A coalition of the SPD, the Greens and the Left would find 33 per cent of the interviewees good or very good for Germany (+/- 0), an alliance of SPD, Greens and FDP 31 per cent (no comparative value in November 2016). The fact that the government, the Greens and the Free Democratic Party (FDP) set the government up 28% were good or very good (-4).
Nine out of ten Germans worried about democracy in Turkey
89 per cent of Germans are very concerned about democracy in Turkey. 83 percent consider that the federal government should be more resolutely opposed to the Turkish government (-5 points compared to August 2016). 76 per cent say that they find it good that Merkel signals with their visit talks about Turkey. 50 per cent are of the opinion that Merkel should do everything to save the refugee agreement with Turkey.
Germany Trend: statements on Turkey and US President Trump
tagesthemen 22:15, 02/02/2017, Ellen Ehni, WDR
tagesthemen 22:15, 02/02/2017, Ellen Ehni, WDR
Download the video file
Just four per cent of the interviewees say that they consider Turkey to be a trustworthy partner (-2 compared to November 2016). 93 percent find that Turkey is a partner you can not trust.
Trust in the US falls to the level of Russia
The image of the United States has suffered massively after the change from Barack Obama to Donald Trump: 22 percent of Germans still consider the USA to be a partner for Germany to trust. This is a fall of 37 points compared to the survey just before the election in November 2016 and also the record low in the ARD Germany trend . The US currently enjoys the same low level of confidence in the German population as Russia (21 percent). 70 percent of respondents consider the US to be a partner that can not be trusted.
The first official meetings of Donald Trump as president are meeting the Germans with little approval: only 26 percent of the respondents find it good that Trump is implementing his campaign promises - 69 percent do not like this well. Two-thirds of the citizens (67 per cent) are worried that politics trumps the German economy. 80 per cent believe that the European Union must move closer towards Trump.
Grupo Pacha to be sold to Trilantic
Grupo Pacha, the Ibiza, Spain-based operator of dance clubs, has closed a sale agreement with the PE firm Trilantic, Cinco Dias reported citing founder and owner Ricardo Urgell. The deal price is not known, but local media have valued the transaction at about EUR 350m, the Spanish-language paper said.
Ricardo Urgell will retain a stake, and Trilantic Europe, together with investors MCH Private Equity and GPF Capital, will acquire a stake from the Urgell family.
The deal will be closed within two months.
Printed report in Cinco Dias, page 5.
Grupo Pacha to be sold to Trilantic
Grupo Pacha, the Ibiza, Spain-based operator of dance clubs, has closed a sale agreement with the PE firm Trilantic, Cinco Dias reported citing founder and owner Ricardo Urgell. The deal price is not known, but local media have valued the transaction at about EUR 350m, the Spanish-language paper said.
Ricardo Urgell will retain a stake, and Trilantic Europe, together with investors MCH Private Equity and GPF Capital, will acquire a stake from the Urgell family.
The deal will be closed within two months.
Printed report in Cinco Dias, page 5.
Golden Goose may be listed in future (translated)
03 FEB 2017
Golden Goose, an Italian sneakers company just acquired by private equity firm Carlyle [NASDAQ: CG], could be listed in the future, Italian-language daily Il Sole 24 Ore reported. The report cited Carlyle managing director who said that a listing was a strong possibility, adding that the Jimmy Choo IPO could serve as a model.
The report noted that Carlyle's acquisition of Golden Goose values the company at EUR 430m.
Sourced from print copy: page 29