(BFW) Schaeuble to Wait for Greek Proposals, Says Time Is Tight

BFW 06/18 13:06 Sapin Urges Resumption of Greece Talks, Confrontation If Needed
BN 06/18 13:14 *SCHAEUBLE SAYS IT WON'T BE GERMANY'S FAULT IF THERE'S NO DEAL
BN 06/18 13:14 *SCHAEUBLE SAYS OUTLINES OF DEAL HAVE BEEN SET SINCE FEB. 20
BN 06/18 13:14 *SCHAEUBLE SAYS GREECE MUST IMPLEMENT WHAT WAS AGREED
BN 06/18 13:13 *SCHAEUBLE TO WAIT FOR GREEK PROPOSALS, SAYS TIME TIGHT
BN 06/18 12:46 *SAPIN SAYS DIFFERENCES OVER GREECE ARE NOT 'MONSTROUS'
BN 06/18 12:45 *SAPIN SAYS DIFFERENCES OVER GREECE AREN'T AS WIDE AS BEFORE
BN 06/18 12:45 *SAPIN SEES 'REAL CAPACITY FOR CONVERGENCE' OVER GREECE
BN 06/18 12:45 *SAPIN SAYS IT'S POSSIBLE TO 'ADVANCE' IN GREEK DIALOGUE
BN 06/18 12:40 *VAROUFAKIS URGES 'EFFECTIVE CONSENSUS'
Schaeuble to Wait for Greek Proposals, Says Time Is Tight
2015-06-18 14:10:23.762 GMT


By Rainer Buergin
(Bloomberg) -- German Finance Minister Wolfgang Schaeuble
tells reporters in Luxembourg “we’re waiting for Greece to make
proposals.”

* Schaeuble comments before meeting of euro region finance
ministers
* “We’ve been waiting for that for some time. We’re waiting
patiently but time is running out”
* “It’s only up to Greece to fulfill what has been agreed”
* “The meeting is about to start, we’re rather optimistic to
get the proposals now. But then they have to be examined
first”
* NOTE: IMF Warns No Leeway on Payment as Merkel Urges Greece
to Bow Link

Link to Company News:{2539Z GR <Equity> CN <GO>}

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To contact the reporter on this story:
Rainer Buergin in Berlin at +49-30-70010-6228 or
rbuergin1@bloomberg.net

To contact the editor responsible for this story:
Ian Wishart at +32-2-237-4344 or
iwishart@bloomberg.net

(BFW) Noonan: No Optimism for Greek Deal From People He’s Spoken To

BN 06/18 13:21 *NOONAN SAYS GREEK FINANCE MINISTER TO SPEAK AT EUROGROUP
BN 06/18 13:21 *NOONAN: IRELAND TAKING ADVICE FROM ECB ON GREXIT CONSEQUENCES
BN 06/18 13:21 *NOONAN: NO OPTIMISM FOR GREEK DEAL FROM PEOPLE HE'S SPOKEN TO
BN 06/18 13:21 *NOONAN SAYS GREECE HAS SOME TIME LEFT TO REACH DEAL
BN 06/18 13:17 *NOONAN SAYS EUROGROUP TALKS WILL BE PRELIMINARY DISCUSSION
BN 06/18 13:13 *NOONAN: NO GREAT EXPECTATIONS FOR POSITIVE EUROGROUP OUTCOME
BN 06/18 13:11 *NOONAN SPEAKS TO REPORTERS IN LUXEMBOURG
BN 06/18 13:11 *NOONAN SAYS ON GREECE `THE OPTION IS TO PREPARE THE B-PLAN'
Noonan: No Optimism for Greek Deal From People He’s Spoken To
2015-06-18 13:36:00.880 GMT


By Ian Wishart
(Bloomberg) -- Irish Finance Minister Michael Noonan says
Greece isn’t yet out of time to reach a deal with its creditors.

* “There’s some time left but there’s no optimism among the
group of people I’ve met already today,” Noonan tells
reporters in Luxembourg
* Noonan says EU leaders may take up topic again at summit
next week, as Eurogroup talks “will be a preliminary
discussion to a longer political discussion at the heads of
state and government”
* Asked about options, Noonan says “the option is to prepare
the B-plan”
* “We don’t think there would be a contagion effect if there
was a Greek exit but we’ve had the conversations at a high
level”
* “We’re watching the situation and we’re taking advice from
the European Central Bank in Frankfurt”
* “I understand that the Greek finance minister at today’s
meeting is going to make an intervention. I’m not sure what
the nature of the intervention is”
* “I think a lot of people will be conscious of the fact that
a bad deal could be worse than no deal”


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To contact the reporter on this story:
Ian Wishart in Luxembourg at +32-2-237-4344 or
iwishart@bloomberg.net
To contact the editors responsible for this story:
Alan Crawford at +49-30-70010-6237 or
acrawford6@bloomberg.net
Rebecca Christie

(BFW) ENOC Says Offer for Dragon Oil ‘Full and Fair’

ENOC Says Offer for Dragon Oil ‘Full and Fair’
2015-06-18 13:27:32.874 GMT


By Benjamin Dow
(Bloomberg) -- ENOC’s 750p/shr all-cash bid for stock in
Dragon Oil that it doesn’t already own represents “attractive
exit opportunity” for minorities to exit, Emirates National Oil
Co. says in e-mailed statement.

* NOTE: Earlier, Baillie Gifford said bid undervalues Dragon;
said its clients hold 7.2% of Dragon shrs
* NOTE: Dragon cut to hold at Goldman, Tudor Pickering, GMP on
JUne 15; trading ~3.6% below bid


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To contact the reporter on this story:
Benjamin Dow in Moscow at +7-495-771-7735 or
bdow2@bloomberg.net
Benjamin Dow

>>>. US Gapping Down

Gapping down In reaction to disappointing earnings/guidance: RATE -15.2%, JBL -7.5%, ORCL -6.2%, RAD -5.5%, OIS -5.4%

Other news: ONVO -8.7% (proposed secondary offering), SPCB -4.5% (proposed public offering of ordinary shares, size not disclosed), CA -3.7% (following ORCL results), ISLE -3.7% (Chief Development Officer John Wilson disclosed sale of 10k shares at average price of ~$19.89, transaction date 6/16/15), MNK -1.6% (discloses update to previously announced investigation related to Questcor's 2013 acquisition of rights to develop and commercialize Synacthen Depot), CTRP -0.8% (announces proposed offering of $1 billion convertible senior notes), SAP -0.8% (in symp with ORCL)

Analyst comments: LUV -1.7% (downgraded to Underweight from Overweight at Barclays), SAVE -1.3% (downgraded to Neutral from Outperform at Credit Suisse)

Click here to read the full comment.

Portfolio Ticker Matches:  SCANX

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