Manager Magazine :D telecom explores partnerships with BT Group from

The German Telekom explores partnerships with BT Group for the period after the sale of its UK mobile business. Part of the ongoing sale talks with the British group is also the option of a future purchasing cooperative.

Hamburg - Deutsche Telekom CEO Timothy Höttges should also move to the Board of BT when the transaction is completed successfully. The manager magazine reported in its latest issue (release date: January 23) and refers to company insiders. A Telekom spokesman declined to comment on the issue.

The German Telekom Show chartis currently conducting with the BT Group entered into exclusive negotiations to sell its UK mobile business, which operates jointly with orange. The exclusivity expires in February.
As the manager magazine reported that the British were previously encountered in the examination of the books, no surprises, so that the transaction should be completed expeditiously.

After a successful sale of Deutsche Telekom will be 12 percent the largest shareholder of the BT Group. To continue to benefit from the British market, lote Telekom CEO Höttges currently as many collaborations with the British out, writes manager magazin. A partnership of businesses divisions T-Systems and BT Global Services is on the discussion agenda and the joint launch of new products.

>>> L'Oreal - Quick Chart - could see the Stock Underperforming from here.

Weekly Chart - look strect here could see s ome downside, have a look, interesting divergence on RSI too

Daily Chart - same kind of configuration, any close below 146.75 will be seen as -ve, could see the stock trading lower
next support 143.85, 140.65, 137.95, 134.65
I stock close above the 150 levels, nest strong resistanc is 156,25.



As a pair stock has been played few weeks ago vs BEI GY {BEI GY Equity OR FP Equity GRT D<Go>} , BEI has outperformed by more than 5% YTD

BEI has almost reach thechical target on the 76.5 level, see more potential on the pair from the short side than on the long one...still a gap open lower (70.39/72.15)

OR is reporting on the 12/02, BEI on the 13/02, PG US on the 27/01, CL US on the 29/01

>>> US Early premarket gappers

Early premarket gappers

Gapping up: NFLX +16.1%, WWD +12.4%, NSP +7.3%, CREE +6.1%, SMCI +5.1%,FXCM +5%, AU +3.3%, RLH +3.2%, DAN +3.2%, CALL +2.8%, ASML +2.5%, SLW +2.4%,UNH +2.3%, ABX +2%, LUV +1.9%, ADHD +1.7%, TKMR +1.6%, STO +1.6%, ESPR+1.6%, GFI +1.6%, NEM +1.5%, SLV +1.5%, PBR +1.3%, HMY +1.3%, GDX +1.1%, AMAT+1%

Gapping down: OCLS -14.9%, ZFGN -7.1%, ARNA -6.4%, EGO -5.5%, QCOM -4.8%,MBLY -4.6%, AM -3.3%, WHX -3.3%, PBYI -3.2%, SYRG -3%, KERX -2.5%, IBM -2.5%,TSLA -2.3%, NVS -2.2%, MT -2.2%, LVS -2.1%, FMS -1.8%, AMD -1.8%, AMD -1.8%,ZINC -1.7%, SAN -1.7%, RIO -1.6%, NSLP -1.5%, HEES -1.4%, CA -1.4%, SDRL -1.3%,OWW -1.2%, IBKR -1.2%, SUNE -0.9%

>>> Oil similarities between 85/86 and 14/15 move - look the chart attached

it always possible to find similarities on different kind of charts, I have tried to compare different big move we had on WTI on the last 30y...

We can identify only 3 moves 85/86 07/08 & 14/15

What we are experiencing now is very similar to the move in 85/86, crude was trading down because of talks of surplus more than a big fall down in consumption or concern on the economy.

this chart could make us believe that we are maybe not too far from a bottom, could be interesting to monitor how Crude will act on the next few weeks...but the chart indicate that we can see $60 levels quite quickly.

Laurent

(TechCrunch) SpaceX Raises $1 Billion In New Funding From Google And Fidelity

SpaceX, the space exploration startup helmed by ex-PayPal founder Elon Musk, has confirmed that it has raised $1 billion in new funding, in a round including Google and Fidelity, who join existing investors Founders Fund, Draper Fisher Jurvetson, Valor Equity Partners and Capricorn. Google and Fidelity get an ownership stake just shy of 10 percent in exchange for their investment.

A report from the WSJ broke yesterday that Google was considering a sizeable investment in SpaceX, with a valuation of more than $10 billion (which is in keeping with Google and Fidelity getting less than 10 percent ownership for their combined $1 billion contribution). The investment was said to be aligned with Google’s plans to make Internet connectivity more accessible on a global scale.

The Information originally reported that Google was investing in SpaceX in order to support a satellite project specifically aimed at broadening Internet availability. Musk has discussed the project, which is being run out of a newly opened Seattle office, as involving hundreds of micro-satellites that will operate in very low orbit, offering faster communication vs. traditional satellites, and helping to pave the way for future Mars missions.

Google’s Project Loon is also striving to increase the availability of Internet connectivity, using a network of high flying balloons to network hard-to-reach areas. Musk’s plan has a couple of differences, though the projects actually share a lot in common: SpaceX’s design calls for satellites flying higher and faster than Google’s balloons, but the aims of casting off the limits of terrestrial networks still apply.

Fwd:>>> Accor - Quick Chart - Testing Historical Highs - strong Resistance

Accor trading higher on numbers, watch level mentionned below, price action today will be important for further development, stock need to close above resistance.

From: LAURENT CHEKROUN (MAKOR SECURITIES LLP) At: Jan 20 2015 09:18:54
Subject: Fwd:>>> Accor - Quick Chart - Testing Historical Highs - strong Resistance
Watch Accor again today, stock is testing levels, after closing below yesterday

From: LAURENT CHEKROUN (MAKOR SECURITIES LLP) At: Jan 19 2015 16:30:02
To: LAURENT CHEKROUN (MAKOR SECURITIES LLP)
Subject: Fwd:>>> Accor - Quick Chart - Testing Historical Highs - strong Resistance
Accor is testing important levels...next level to watch if we break 40.31 & 41.8/42.10, still room to trade higher whe you look the RSI...
Accor is reporting in a month (18/02), Starwwod on the 10th of Feb, Marriot on the 18th

on the 9th of Jan, Wansquare was talking of BAzin who invested a lot in Accor he bought 1.4mil of opetions witha €42 strike...
{NSN NHWN7RAIH8N4<Go>}

>>> Schaeffler denies IPO rumor

Schaeffler denies IPO rumor 

Family-owned German bearings maker Schaeffler denied the recent speculation surrounding an IPO, Boersen-Zeitung reported.

The German-language daily cited the company as saying there was no truth in recent rumors of a listing.

Boersen-Zeitung

>>> Afren confirms restructuring talks, SEPLAT pitches below recent share price;

Afren confirms restructuring talks, SEPLAT pitches below recent share price; PwC to advise lenders 

Afren plc ("Afren" or the "Company") notes the recent press speculation regarding a possible financial restructuring. The Company confirms it has been reviewing with its advisors its capital structure, liquidity and funding requirements. As part of that process the Company is in discussions with its lenders regarding amendments to its existing facilities, in addition to seeking a deferral of a USD 50m amortisation payment due at the end of January 2015. Given the rapid decline in the oil price the Company is also reviewing its cost base and capital expenditure plans for 2015.

Afren continues to be in discussions with SEPLAT Petroleum Development Company plc ("Seplat") regarding a possible combination with Afren.

There can be no certainty that an offer will be made or as to the terms of any offer.

Afren notes that in accordance with Rule 2.6(a) of the Code, by no later than 5.00 p.m. on 30 January 2015, Seplat must either announce a firm intention to make an offer for Afren under Rule 2.7 of the Code or announce that it does not intend to make an offer for Afren, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline can be extended with the consent of the Panel in accordance with Rule 2.6(c) of the Code.

Sky News reported that PricewaterhouseCoopers is believed to have been engaged to advise Afren’s lenders on a potential restructuring of the business.

Restructuring advisers from Morgan Stanley are believed to be working on options for Afren in the event that SEPLAT’s potential offer collapses, the Sky report said. It noted that Morgan Stanley is already Afren’s broker and advising on the takeover talks. Sources cited in the piece said a Morgan Stanley team is also looking at options for restructuring, amid expectations among City observers that Afren may breach its debt covenants.

SEPLAT is rumoured to have approached Afren with an offer pitched below the UK-listed oil and gas group’s recent share price high, the Financial TImes reported. The market report said the rumour was circulating around City dealers yesterday, 20 January.

African explorer T5 Oil & Gas yesterday announced it has no plans to make an offer for Afren, following reports the start-up company was considering a reverse takeover, the FT report noted.

>>> Telecom Italia Sparkle attracts interest of Chinese fund

Telecom Italia Sparkle attracts interest of Chinese fund 

Telecom Italia Sparkle, the fibre optic subsidiary of Telecom Italia (TI), has attracted the interest of a Chinese investment fund, the Italian-language daily La Repubblica reported. The unsourced report said that the fund, not named in the item, was one of the most cash-rich in China.

The report said that circles close to chairman Giuseppe Recchi are believed to be keen on the deal, as it would allow TI to reduce its debt. However, the item said that people close to CEO Marco Patuano are more cautious because of potential political fallout.


La Repubblica