NEWS: Banco Santander (SAN) cut to sell vs neutral at Citi
REACTION: In reaction to this co. ADR fell 1.06% from USD 7.30 to USD 7.23
NEWS: Westport Innovations (WPRT) downgraded at Piper Jaffray
REACTION: Co. shares fell 2.3% in reaction from USD 29.77 to USD 29.09.
NEWS: Market talk of takeover for Barnes & Noble (BKS) - Unconfirmed
REACTION: Co. shares spike 1.21% higher from USD 18.40 t5o USD 18.62.
NEWS: Thoratec (THOR) downgraded to buy from conviction buy at Goldman Sachs
REACTION: THOR shares moved 1.12% lower from USD 33.02 to USD 32.67
NEWS: ECB's Nowotny says "astonished" by market reaction to his comments on deposit interest rates and felt "over interpreted" by the market.
REACTION: Immediately, EUR/USD moved lower by 34 pips from 1.3127 to 1.3093 as Bunds moved 12 ticks higher from 146.82 to 146.94 & Sep Euribor gained 1 tick in a move from 99.83 to 99.84.
NEWS: UK has no plans for imminent sale of shares in RBS (RBS LN) or Lloyds (LLOY LN), but sales in 2014 are realistic
REACTION: RBS shares fell around 1.34% from GBP 2.87 to GBP 2.83.
NEWS: ECB's Nowotny says markets over interpreted deposit rate signal
REACTION: In the three minutes after the headline, EUR/USD rose 27 pips from 1.3075 to 1.3102 as Bund futures fell 14 ticks from 147.04 to 146.90. Sep Euribor fell 1.5 ticks from 99.85 to 99.835.
NEWS: ZTE (763 HK) are to supply China Mobile (941 HK) with two 4G handsets
REACTION: ZTE shares immediately moved higher by 1.33% from HKD 13.65 to HKD 13.84.
NEWS: Acorda Therapeutics (ACOR) cut to sell at MKM Partners
REACTION: In reaction to this broker move Co. shares fell 1.5% from USD 37.47 to USD 36.90
NEWS: Perficient (PRFT) buys Tritek Solutions; sees deal adding to Adj. EPS immediately REACTION: PRFT shares gained 3.05% from USD 10.79 to USD 11.11
NEWS: Mexican central bank Governor Carstens says market has somewhat over-interpreted chance of further interest rate cut
REACTION: In an immediate reaction, spot MXN fell 360 pips from 12.1790 to 12.1431
NEWS: Market talk that some ECB members were ready for bolder moves; with some looking for a 50bps cut – Unconfirmed
REACTION: EUR/USD moved 22 pips lower in the 3 minutes following these comments from 1.3072 to 1.3050
NEWS: Goldman Sachs’s (GS) Ebix (EBIX) offer comes as US probes said to intensify; Ebix (EBIX) is also said to be subject of IRS offshore-revenue probe
REACTION: EBIX shares moved 5.27% lower from USD 20.38 to USD 19.31
NEWS: Market talk that IBM is to acquire Rackspace (RAX) for USD 75/shr – Unconfirmed
REACTION: RAX shares moved 1.94% higher from USD 49.08 to USD 50.05
NEWS: SolarWorld (SWV GY) CEO says Qatari investor to take stake in company
REACTION: SWV GY shares spiked 9.96% higher from EUR 0.641 to EUR 0.698
NEWS: ECB's Draghi says, when asked about negative deposit rates, they are technically ready
REACTION: EUR/USD fell 90 pips over the following three minutes as the front-month Euribor contract climbed 1+ ticks immediately from 99.825 to 99.84. Bund futures printed a fresh contract high at 146.99
NEWS: Peugeot (UG FP) faces in-depth EU antitrust probe of restructuring plan
REACTION: In an immediate reaction, Co. shares fell 1.58% from EUR 5.93 to EUR 5.84
NEWS: Deutsche Lufthansa (LHA GY) does not rule out a share sale to improve capital ratios
REACTION: LHA GY shares immediately fell 1.7% from EUR 15.81 to EUR 15.54
NEWS: S&P raises Philippines to investment grade
REACTION: Within 8 minutes of the release, spot PHP rate fell from 41.222 to 41.115
NEWS: Sumitomo Corp (8053 JT) FY 12 operating profit JPY 162.48bln
REACTION: 8053 JT shares immediately moved higher by 1.85% from JPY 1196.00 to JPY 1218.00
03 May 2013 - 22:22 - Fixed Income Bank Speaker - Source: RANsquawk
RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: