US News
The New York Stock Exchange closed lower on Monday, notably as a result of a sales movement in the technology sector, but also, more generally, due to investor concerns about the North Korean file: North Korea accuses Trump of having "declared war" and is ready "to defeat the American bombers that would approach its coasts"
- TripAdvisor (TRIP) -7% degraded by Raymond James "Where There's Smoke There's Fire? Deep Dive Into Warnings & Lowering TRIP Estimates ".
- Quest *Diagnostics (DGX) -7% degraded by Raymond James "Bigger PAMA Cuts Alters Our Prior Thesis".
- Facebook (FB) -4.5% Mark Zuckerberg renounces the creation of a new class of shares and will therefore have to sell securities to finance his philanthropy.
- Amazon (AZN) -1.6% according to TheStreet.com: Amazon Has the Most Terrifying Chart on the Planet.
- Apple (AAPL) -1% falling after doubts on demand for new iPhone, Apple would have asked its component suppliers to curb the production of some components of the iPhone X.
- Allergan (AGN) + 3% the Board authorizes a share repurchase for $ 2b. Colgate (CL) + 2.5% statement for purchase by Morgan Stanley tgt $ 84 "Well-Positioned".
- General Motors (GM) + 2% booked for purchase by Deutsche Bank tgt $ 51. "On automomous vehicles".
- UnderArmour (UA) + 2% Keybanc recommends overweight tgt $ 20 "on Good Brand, New COO; VFC Cut »
- M & A: Sprint (S) -8% - TMobile (TMUS) -1.8% a deal with Soft Bank would be found without a premium.
- Genuine Parts (GPC): + 6% Genuine Parts acquires its European competitor AAG for $ 2 billion. The deal will allow Genuine Parts to enter the European market where AAL is the number of spare parts distribution.
Oil
At its highest since July 2015, markets anticipate possible supply difficulties after the self-determination referendum that took place on Monday in Iraqi Kurdistan. ConocoPhillips (COP) + 1.8%; Occidental Petroleum (OXY) + 2.6%; Exxon + 1.3%; Chevron + 0.6%.
European News
Very positive
- {FR} ALSTOM - M & A: and Siemens are about to give the green light to their marriage; the councils of the two companies meet this Tuesday
- {SZ} NESTLE - ID: Confirms targets 2020 (2020: 20.5: 18.5 / 18.5%); wants to accelerate org growth, external growth and share repurchase
- {GE} CECONOMY - Buy Recommendation by Raymond James (tgt 12.30 €) - Can Ceconomy and Fnac Darty Survive Amazon?
- FNAC DARTY - Upgraded to Buy by Raymond James (tgt 94 €) - Can Ceconomy and Fnac Darty Survive Amazon?
- {GB} ASTRAZENECA - Report with purchase by Exane
- {FR} VICAT - Rated with Buy by SocGen, tgt 73 € * {IT} YOOX NET-A-PORTER - initiated to purchase by HSBC, tgt 37 €
- {GB} TULLOW OIL - RBC rated it with a Buy tgt 260p
- {GE} EVONIK - Upgraded to Buy by Credit Suisse
Positive
- {GB} TECHNIPFMC - announces the launch of its $ 500m share repurchase program
- {FR} JC DECAUX - has won 21 Urban Advertising Furniture contracts in France since January 2017
- {FR} SQLI - realizes a new acquisition in Northern Europe
Neutral
- {GE} UNIPER - M & A: said it considered "hostile" the offer presented last week by the Finn Fortum
- {GE} DELIVERY HERO AG - S1, Income: € 246.5M and Adjusted EBIT Margin: -18%. The company expects for FY, revenues between 530M € and 540M €.
- {GE} SIEMENS - M & A: The Supervisory Board should decide during the day to merge the group's rail activities with Alstom
- VIVENDI - The Italian Government Committee postponed from yesterday to its meeting on the Vivendi-Telecom Italia case; The price could reach 300m €
- {GE} VOLKSWAGEN - and US Navistar heavy-duty truck manufacturer to launch electric truck by the end of 2019
- {FR} THERMADOR - acquired 2 companies for € 22.9m cash
- VOLTALIA - S1: CA € 78.10m + € 74.60% Rnet -6.8m € Rop € 25.30m + 5.40% table on accelerating sales in the S2
Negative
- {GE} DEUTSCHE TELEKOM - M & A: T Mobile down, SoftBank would be willing to accept an offer on Sprint without premium
- {GE} THYSSENKRUPP - announced that it would increase its capital by 10% in order to strengthen its balance sheet before its planned merger with Tata Steel in Europe.
- {SP} MAPFRE - hurricanes and earthquakes in Mexico could have a net cost of € 150M to € 200M on financial result.
- HF COMPANY - S1: Revenues € 21.10m -50% Rnet € -1.20m due to an unfavorable comparison basis
- {GE} HENKEL - degraded by Raymond James - Downgrade to Market Perform on Weak Outlook for Organic Sales Growth
- {GB} WPP - downgraded to neutral by Morgan Stanley, tgt 16GBP
- {SW} SSAB - downgraded to neutral by Morgan Stanley, tgt 43SEK
- {NE} AKZO NOBEL - downgraded to neutral by SocGen, tgt 80 €
- {DE} NOVO NORDISK - downgraded to neutral by Exane
Very negative
- GENFIT - S1: Rnet -22.6m € cash 126m €, delay in recruiting patients
- {FI} STOCKMANN - Profit warning: linked to poor performance of Lindex.
- {GB} KAZ MINERALS - downgraded to sale by Morgan Stanley, tgt 480p
- {SZ} ROCHE - downgraded to sale by Exane