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TUI Travel Plc delivered 1Q underlying operating loss of £107m compared to a loss of £35m a year ago on revenue of £2.53bln vs £2.75bln.
British Land, a Real Estate Investment Trust, released 3Q underlying profit before tax of £58m vs £63m a year ago and underlying EPS of 7p vs 10p. The Co decided to pay a quarterly dividend of 6.5p per share.
Beazley Plc posted FY09 underlying profit before income tax up 259% YoY to £147.3m. Profit before income tax rose 15% to £100.7m vs £87.2m in 2008.
HomeServe plc's Executive Chairman Brian Whitty to step down from the board on 31 March 2010 and J M Barry Gibson to succeed him as Non-Executive Chairman on 1 April 2010.
AstraZeneca received the US FDA approval for its CRESTOR(R) in the treatment of heart disease.
JD Wetherspoon is seeking a debt refinancing valued at £500m (Times).
Dignity, Wolfson Microelectronics PLC, Alphameric PLC: FY results expected
United Drug Plc: annual shareholder meeting.
SABMiller PLC, Sarantel Group, Prodesse Investment: 4Q trading update.
Financial Services: Aberdeen Asset Mgmt (-0.09% to 117.1p) and Man Group (-0.97% to 214.9p) reached a new 3-month relative low against the FTSE 100 whereas Provident Financial (+2.25% to 930p) closed at a 3-month relative high.
Food & Beverage: Cadbury (+0.66% to 838.5p) reached a new 3-month relative high against the FTSE 100.
Health Care: Smith & Nephew (+1.28% to 632.5p) closed at a 3-month relative high against the FTSE 100.
Industrial Goods & Services: G4S Plc (+1.31% to 255.5p) closed at a 3-month relative high against the FTSE 100.
Insurance: Aviva (-2.58% to 355.7p), Prudential (-2.44% to 560.5p) and Legal & General (-3.53% to 71.05p) closed at a 3-month relative low against the FTSE 100. Dragon Oil Plc (+1.55% to E4.93) reached a new 3-month relative high against the Irish Overall index.
Oil & Gas: Dana Petroleum Plc (-1.25% to 991.5p) reached a new 3-month relative low against the FTSE 100.
Personal & Household Goods: BAT (+2.34% to 2102p) and Imperial Tobacco (+1.73% to 2061p) closed at a 3-month relative high against the FTSE 100.
Real Estate: Segro Plc (-1.41% to 300.7p) reached a new 3-month relative low against the FTSE 100.
Retail: DSG International (-1.8% to 30p), Inchcape (-1.96% to 25p), Kesa Electricals (-0.74% to 121.4p) and Kingfisher (-1.05% to 198.5p) reached a new 3-month relative low against the FTSE 100.
Telecommunications: Inmarsat (+1.56% to 718.5p) closed at a 3-month relative high against the FTSE 100.
Utilities: International Power (+2.13% to 320.6p) and Scottish & Southern Energy (+0.95% to 1165p) reached a new 3-month relative high against the FTSE 100.
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Latest broker recommendations
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Vodafone Group was upgraded to "overweight" from "equalweight" at Barclays.
Shell Plc was upgraded to "overweight" from "underweight" at HSBC.
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| NYFP.TV |
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| Today’s Corporate Events (FTSE 350 universe) |
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Beazley Group FY results
British Land 3Q results
TUI Travel 1Q results
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| Director Dealings |
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Robert Noel, Land Securities Group's Management Director acquired 32,000 shares at 626.89p per share. Total Holding follwing transaction: 32,000.
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Germany / Austria
Qiagen, a provider of sample and assay technologies, posted consolidated net sales for the 4Q09, up 22% YoY to $289.1m vs $237.2m. Excluding the favourable impact from foreign currency exchange rates, net sales increased 15% YoY. Reported operating income increased 6% to $42.9m vs $40.4m a year earlier and net income rose 80% to $44.5m vs $24.7m. Based on the constant exchange rates, the Co expects revenues between $1.12bln-$1.17bln in 2010 with a growth rate of 11%-16% and adjusted diluted EPS should be $0.90 and $0.96 including a diluting effect of $0.02 following the DxS acquisition in September 2009 (filing).
Heidelberg Druckmaschinen released 9M net loss of E158m vs a net loss of E119m a year earlier.
Demag Cranes 1Q net income decreased 76% YoY to E4.4m.
Douglas Holding: 1Q results expected.
EnBW Energie Baden Wuerttemberg: FY results expected.
Real Estate: Immoeast Immobilien Anlagen (-1.5% to E3.28) reached a new 3-month relative low against the ATX.
Automobiles & Parts: Porsche Pref (-2.7% to E38.95) closed at a 3-month relative low against the Dax.
Oil & Gas: Q-Cells (-8.2% to E8.58) and Solarworld (-1.75% to E11.78) reached a new 3-month relative low against the Dax.
Technology: United Internet (+4.03% to E10.96) closed at a 3-month relative high against the Dax.
France
Unibail-Rodamco released FY recurring EPS of E9.19, up 7.1% compared to 2008 on the back of resilient operational performance. CEO commented: "The Group ends 2009 with solid earnings growth in line with expectations, despite a very adverse economic environment. The limited impact of the crisis on these results is primarily due to the high quality of the underlying asset base". Looking ahead, "While 2010 starts with tangible signs of recovery, it will be a year of transition, with low or even negative indexation, the impact from divestments achieved in 2009, and limited deliveries of new assets in 2010. Against this backdrop, the Group gives a recurring earnings per share growth outlook for 2010 of 0% to 2%." (filing)
Renault is in talks with Mahindra & Mahindra to restructure their Indian joint venture.
Capgemini's unit, Sogeti High Tech, won a 3yr contract from Airbus to provide support and training related to structural calculations.
Rubis unveiled 4Q sales down 17% YoY to E272m. For 2009, sales revenues stood at E951m, representing a rise in overall activity of 8%.
Orpea SA reported FY09 sales up 20% YoY to E843m (Les Echos).
Faurecia released a 2H loss of E69m vs a loss of E552.6m a year earlier. Besides, the Co sees product sales growth for 2010 to be around 4%, on a like-for like basis (filing).
Havas: FY results expected.
Theolia: 4Q trading update.
Chemicals: Air Liquide (+3.11% to E78.2) closed at a 3-month relative high against the Cac 40.
Health Care: Sanofi-Aventis (+2.52% to E52.98) reached a new 3-month relative high against the Cac 40.
Media: SES (+2.44% to E15.94) reached a new 3-month relative high against the Cac 40.
Personal & Household Goods: L'Oréal (+2.24% to E74.74) reached a new 3-month relative high against the Cac 40.
Carrefour was rated "overweight" at Morgan Stanley
Eutelsat was rated "neutral" at Credit Suisse.
Vallourec was upgraded to "overweight" from "neutral" at JPMorgan.
Spain / Portugal / Greece
Construction & Materials: Sacyr Vallehermoso (-2.07% to E6.76) closed at a 3-month relative low against the Ibex.
Oil & Gas: Gamesa Tecnologica (-0.26% to E9.27) reached a new 3-month relative low against the Ibex.
Banks: National Bank Of Greece (-8.51% to E12.9), EFG Eurobank Ergasias (-9.01% to E5.05) and Bank Of Piraeus (-5.41% to E5.25) reached a new 3-month relative low against the FTSE/ASE20.
Travel & Leisure: Opap (+0.97% to E14.64) reached a new 3-month relative high against the FTSE/ASE20.
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| Today’s economic events (CE time) |
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GE 08:00: Dec Current Account (E), exp.: 19.1B
GE 08:00: Dec Exports SA MoM, exp.: -0.1%
GE 08:00: Dec Imports SA MoM, exp.: 3%
GE 08:00: Dec Trade Balance, exp.: 15.0B
GE 08:00: Jan F CPI - EU Harmonised MoM, exp.: -0.7%
GE 08:00: Jan F CPI MoM, exp.: -0.6%
GE 08:00: Jan F CPI YoY, exp.: 0.8%
UK 10:30: Dec Total Trade Balance (GBP/Mln), exp.: -£2800
UK 10:30: Dec Trade Balance Non EU GBP/Mn, exp.: -£3100
UK 10:30: Dec Visible Trade Balance GBP/Mn, exp.: -£6700
UK : Feb 9 BRC January Retail Sales Monitor
UK : Jan RICS House Price Balance, exp.: 27%
US 13:30: Jan NFIB Small Business Optimism
US 16:00: Dec Wholesale Inventories, exp.: 0.5%
US 16:00: Feb IBD/TIPP Economic Optimism
US 23:00: Feb 7 ABC Consumer Conf.
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| Indices |
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Last |
Daily
Change |
% YTD |
| FTSE 100 |
5,092 |
31.41 |
-5.92 |
| FTSE 250 |
9,010 |
-25.54 |
-3.19 |
| FTSE techMARK 100 |
1,707 |
-6.85 |
0.11 |
| Dow Jones |
9,908 |
-103.84 |
-4.98 |
| Nasdaq 100 |
1,735 |
-11.24 |
-6.74 |
| S&P 500 |
1,057 |
-9.45 |
-5.23 |
| DJ Euro STOXX 50 |
2,664 |
32.65 |
-10.14 |
| Dax |
5,485 |
50.51 |
-7.93 |
| Cac 40 |
3,607 |
43.51 |
-8.36 |
| SMI |
6,347 |
82.81 |
-3.04 |
| Nikkei 225 |
9,933 |
-18.92 |
-5.82 |
| Hang Seng |
19,586 |
35.30 |
-10.45 |
| ASX |
4,505 |
-16.30 |
-7.50 |
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| Bonds |
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Last % |
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Last % |
| 10Y Gilt |
3.95
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US 10Y T-Note
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3.58
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| 10Y Bund |
3.15
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US 30Y T-Bond
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4.51
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| USD / JPY (15min) |
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| Dax 30 (15min) |
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| Cac 40 (15min) |
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| Euro Stoxx 50 (15min) |
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| Important Notice: |
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