IMF forecasts Portugal 2015 budget deficit at 3.2%/GDP (3.4% prior); GDP at 1.5% (1.2% prior) - Low yields and oil prices together with a weaker Euro are helping the economy
Hearing vague chatter that Icahn could seek to get involved with the company
BN 03/17 11:57 *ITALY GOVT TO SELL `LIMITED' ENI STAKE: DEPUTY MINISTER
CORRECT: De Vincenti Says Meant Enel, Not Eni, in Sale Comments
2015-03-17 13:46:09.537 GMT
By Chiara Vasarri and Lorenzo Totaro
(Bloomberg) -- (Italian Deputy Economic Development
Minister corrects remarks made earlier in Rome) Italy Deputy
Economic Development Minister De Vincenti says in e-mailed
statement there was a misunderstanding on his remarks on Eni
stake sale.
* ’’There was a misunderstanding: I meant to refer to the Enel
stake already sold on the market’’
* NOTE: De Vincenti told reporters in Rome earlier that Italy
was planning to sell stake in Eni, while retaining control
of co.; he added stake sale would have been similar to sale
of Enel, declining to give details on timing
* NOTE: Earlier, Italy Ministry Says Not Planning to Sell Eni
Stake on Market
* NOTE: Feb 26: Italy Sells $2.5 Billion Stake in Utility Enel
to Cut Debt
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Chiara Vasarri in Rome at +39-06-4520-6325 or
cvasarri@bloomberg.net
To contact the editors responsible for this story:
Jerrold Colten at +39-02-8064-4261 or
jcolten@bloomberg.net
Dan Liefgreen
2015-03-17 13:46:09.537 GMT
By Chiara Vasarri and Lorenzo Totaro
(Bloomberg) -- (Italian Deputy Economic Development
Minister corrects remarks made earlier in Rome) Italy Deputy
Economic Development Minister De Vincenti says in e-mailed
statement there was a misunderstanding on his remarks on Eni
stake sale.
* ’’There was a misunderstanding: I meant to refer to the Enel
stake already sold on the market’’
* NOTE: De Vincenti told reporters in Rome earlier that Italy
was planning to sell stake in Eni, while retaining control
of co.; he added stake sale would have been similar to sale
of Enel, declining to give details on timing
* NOTE: Earlier, Italy Ministry Says Not Planning to Sell Eni
Stake on Market
* NOTE: Feb 26: Italy Sells $2.5 Billion Stake in Utility Enel
to Cut Debt
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Chiara Vasarri in Rome at +39-06-4520-6325 or
cvasarri@bloomberg.net
To contact the editors responsible for this story:
Jerrold Colten at +39-02-8064-4261 or
jcolten@bloomberg.net
Dan Liefgreen
German Bundesbank's Dombret (ECB SSM member): The Bundesbank will support QE purchases
CEO: Would be open to new partnerships with other airlines, not looking at passenger deal with Emirates Airlines
BN 03/17 13:06 *ITALY SAYS NOT PLANNING TO SELL ENI STAKE ON MARKET
BN 03/17 13:06 *ITALIAN FINANCE MINISTRY COMMENTS IN E-MAILED STATEMENT
BN 03/17 13:05 *ITALY FINANCE MINISTRY SAYS NOT PLANNING TO SELL ENI STAKE
BN 03/17 13:06 *ITALIAN FINANCE MINISTRY COMMENTS IN E-MAILED STATEMENT
BN 03/17 13:05 *ITALY FINANCE MINISTRY SAYS NOT PLANNING TO SELL ENI STAKE
*ITALY FINANCE MINISTRY SAYS NOT PLANNING TO SELL ENI STAKE
2015-03-17 13:09:10.297 GMT
--CHIARA REMONDINI
-0- Mar/17/2015 13:09 GMT
2015-03-17 13:09:10.297 GMT
--CHIARA REMONDINI
-0- Mar/17/2015 13:09 GMT
BN 03/17 12:46 *VIVENDI SAYS WILL USE `BILLIONS' IN WAR CHEST FOR ACQUISITIONS
BN 03/17 12:45 *VIVENDI SAYS UNIVERSAL MUSIC IS NOT FOR SALE
BN 03/17 12:45 *VIVENDI CEO DE PUYFONTAINE SPEAKS AT LONDON MEDIA CONFERENCE
BN 03/17 12:45 *VIVENDI CEO SAYS DISPOSAL PROCESS `NOW NEARLY FINISHED'
BN 03/17 12:45 *VIVENDI CEO SAYS NO INTERESTED IN ACQUIRING LIONS GATE
BN 03/17 12:45 *`OVER MY DEAD BODY' WILL VIVENDI SELL UNIVERSAL MUSIC: CEO
BN 03/17 12:45 *VIVENDI SAYS UNIVERSAL MUSIC IS NOT FOR SALE
BN 03/17 12:45 *VIVENDI CEO DE PUYFONTAINE SPEAKS AT LONDON MEDIA CONFERENCE
BN 03/17 12:45 *VIVENDI CEO SAYS DISPOSAL PROCESS `NOW NEARLY FINISHED'
BN 03/17 12:45 *VIVENDI CEO SAYS NO INTERESTED IN ACQUIRING LIONS GATE
BN 03/17 12:45 *`OVER MY DEAD BODY' WILL VIVENDI SELL UNIVERSAL MUSIC: CEO
‘Over My Dead Body’ Will Vivendi Sell Universal Music: CEO
2015-03-17 12:53:45.926 GMT
By Blanche Gatt and Kristen Schweizer
(Bloomberg) -- Vivendi CEO Arnaud De Puyfontaine says
Universal Music isn’t for sale.
* De Puyfontaine speaks at London media conference; says
disposal process “now nearly finished”
* Says Vivendi isn’t interested in acquiring Lions Gate
* Co. will use “billions” in war chest for acquisitions
* NOTE yday: Scripps to acquire controlling stake in TVN from
ITI and Canal+ Group for all-cash consideration of EU584m
Link
Link to Company News:{VIV FP <Equity> CN <GO>}
Link to Company News:{LGF 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:
Blanche Gatt at +44-20-3525-0351 or
bgatt@bloomberg.net
2015-03-17 12:53:45.926 GMT
By Blanche Gatt and Kristen Schweizer
(Bloomberg) -- Vivendi CEO Arnaud De Puyfontaine says
Universal Music isn’t for sale.
* De Puyfontaine speaks at London media conference; says
disposal process “now nearly finished”
* Says Vivendi isn’t interested in acquiring Lions Gate
* Co. will use “billions” in war chest for acquisitions
* NOTE yday: Scripps to acquire controlling stake in TVN from
ITI and Canal+ Group for all-cash consideration of EU584m
Link
Link to Company News:{VIV FP <Equity> CN <GO>}
Link to Company News:{LGF 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:
Blanche Gatt at +44-20-3525-0351 or
bgatt@bloomberg.net
Vivendi CEO: Not interested in acquiring Lions Gate; Vivendi will not sell Universal Music
Gapping down
In reaction to disappointing earnings/guidance: DSCO -29%, MCP -21.6%, BOOM -12%, CALL-10.6%, PLUG -9.8%, XONE -7.6%, NOAH -6.8%, STEM -6.5%, WYY -4.8%, BDSI -4.1%, RTK -4%,EGY -3.8%, RFIL -3.8%, VEC -2.8%, ORAN -2.7% (guidance at analyst meetings), OMER -1.6%, IOC-1.4%, RSPP -1.3%, ZBRA -1.1%, AIQ -1%, ANW -0.7%, ARCO -0.5%
Select financial EU names showing weakness: ARMH -1.9%, BCS -1.6%, SHPG -1.6%, AEG-1.1%, RCL -1%, VOD -0.9%, NOK -0.8%, CCL -0.8%
Other news: CRZO -4.6% (prices 4,500,000 shares of its common stock at $45.50 per share), JKS-3.5% (announces Information from fire accident at one of its raw material processing workshops),JMBA -3.3% (filed to delay Form 10-K), HIMX -3.3% (cont weakness), MYE -2.5% (filed to delay Form 10-K; co has recently uncovered what appear to be errors in the accounting for inventory and possibly fraudulent activities at its Brazilian operations), QGEN -2.3% (confirms new partnership with Tokai Pharmaceuticals (TKAI) to combine new circulating tumor cells technology with a molecular assay),RTRX -2.2% (co offering to sell 5.1 mln shares of its common stock in an underwritten public offering),FCAU -2% (reports February automobiles sales in Europe), KCAP -1.9% (filed to delay Form 10-K), WD-1.7% (announced the commencement of a public secondary offering of 8,246,534 shares of common stock held by funds managed by affiliates of Fortress Investment Group LLC (FIG); In addition, co will repurchase from the Underwriter 3 mln of those shares), MBLY -0.8% (upsizes and prices 17,127,000 ordinary shares by selling shareholders at $41.75 per share)
Analyst comments: WTW -9.2% (downgraded to Underperform from Neutral at Credit Suisse; tgt lowered to $5 from $14), WLL -3.2% (downgraded to Neutral from Positive at Susquehanna), LNKD -2% (initiated with a Sell at Brean Capital), BLT -1.7% (downgraded to Sector Weight at Keybanc Capital Mkts), SIRO -1.4% (downgraded to Market Perform from Outperform at William Blair), ICPT -0.8% (initiated with a Hold at MLV & Co), GM -0.8% (resumed with a Underweight at Morgan Stanley)
In reaction to disappointing earnings/guidance: DSCO -29%, MCP -21.6%, BOOM -12%, CALL-10.6%, PLUG -9.8%, XONE -7.6%, NOAH -6.8%, STEM -6.5%, WYY -4.8%, BDSI -4.1%, RTK -4%,EGY -3.8%, RFIL -3.8%, VEC -2.8%, ORAN -2.7% (guidance at analyst meetings), OMER -1.6%, IOC-1.4%, RSPP -1.3%, ZBRA -1.1%, AIQ -1%, ANW -0.7%, ARCO -0.5%
Select financial EU names showing weakness: ARMH -1.9%, BCS -1.6%, SHPG -1.6%, AEG-1.1%, RCL -1%, VOD -0.9%, NOK -0.8%, CCL -0.8%
Other news: CRZO -4.6% (prices 4,500,000 shares of its common stock at $45.50 per share), JKS-3.5% (announces Information from fire accident at one of its raw material processing workshops),JMBA -3.3% (filed to delay Form 10-K), HIMX -3.3% (cont weakness), MYE -2.5% (filed to delay Form 10-K; co has recently uncovered what appear to be errors in the accounting for inventory and possibly fraudulent activities at its Brazilian operations), QGEN -2.3% (confirms new partnership with Tokai Pharmaceuticals (TKAI) to combine new circulating tumor cells technology with a molecular assay),RTRX -2.2% (co offering to sell 5.1 mln shares of its common stock in an underwritten public offering),FCAU -2% (reports February automobiles sales in Europe), KCAP -1.9% (filed to delay Form 10-K), WD-1.7% (announced the commencement of a public secondary offering of 8,246,534 shares of common stock held by funds managed by affiliates of Fortress Investment Group LLC (FIG); In addition, co will repurchase from the Underwriter 3 mln of those shares), MBLY -0.8% (upsizes and prices 17,127,000 ordinary shares by selling shareholders at $41.75 per share)
Analyst comments: WTW -9.2% (downgraded to Underperform from Neutral at Credit Suisse; tgt lowered to $5 from $14), WLL -3.2% (downgraded to Neutral from Positive at Susquehanna), LNKD -2% (initiated with a Sell at Brean Capital), BLT -1.7% (downgraded to Sector Weight at Keybanc Capital Mkts), SIRO -1.4% (downgraded to Market Perform from Outperform at William Blair), ICPT -0.8% (initiated with a Hold at MLV & Co), GM -0.8% (resumed with a Underweight at Morgan Stanley)