News Headline Summary

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NEWS: Merge Healthcare (MRGE) is taking re-indication of interest bids in the first half of this week according to sources familiar with the process
REACTION: Shares moved 1.84% to the upside in reaction to the news, from USD 3.17 to USD 3.23.
SOURCE: Newswires

NEWS: Broadridge Financial (BR) cut to perform vs. outperform at Avondale
REACTION: Shares dropped 1.00% following the news, from USD 23.53 to USD 23.29.
SOURCE: Newswires

NEWS: Dish (DISH) Chairman Ergen says both DirecTV and Dish need to consider a merger
REACTION: DTV shares spike immediately higher by 0.74% from USD 49.65 to USD 49.99, DISH shares spike immediately higher by 2.48% from US D 35.62 to USD 36.49.
SOURCE: Newswires

NEWS: Sarepta's (SRPT) experimental drug shows promise for local boy with muscular dystrophy according to WPXI
REACTION: Shares jumped 1.21% in immediate reaction to the news, from USD 24.68 to USD 24.95.
SOURCE: Newswires

NEWS: Stein Mart (SMRT) downgraded to neutral from outperform at Credit Suisse
REACTION: In reaction to this downgrade co. shares fall 6.9% lower from USD 7.33 to USD 6.82.
SOURCE: Newswires

NEWS: Hasbro (HAS) advisers say no merger talks are going on
REACTION: Shares fell 2.50% in immediate reaction to the news, falling from USD 37.78 to USD 36.84.
SOURCE: Newswires

NEWS: For LSE (LSE LN), BATS Chi-X Europe said to seek license to operate on UK exchange
REACTION: LSE shares immediately fell 1.61% from GBP 9.71845 to GBP 9.55902.
SOURCE: Newswires

NEWS: Moody's downgrades ArcelorMittal (MT NA) to junk status 'Ba1'; Outlook remains negative
REACTION: MT NA shares move 2% lower in the minute following the headline as the rating is cut to junk; trades EUR 11.68 last.
SOURCE: Newswires

NEWS: Market talk that Greece's EUR 31.5bln tranche and also the 2-yr extension is not yet decided according to sources - Unconfirmed
REACTION: EUR/USD immediately popped around 20 pips to the downside from 1.2808 to 1.2798, Bund futures moved 17 ticks higher from 142.09 to 143.16 over a 3 minute period.
SOURCE: Newswires

NEWS: German Factory Orders SA (Sep) M/M -3.3% vs. Exp. -0.5% (Prev. -1.3%; Rev. -0.8%)
REACTION: he DAX future lost 22 ticks from 7379.5 to 7367.0, EUR/USD decreased 28 pips from 1.2785 to 1.2757, Bund increased 6 ticks from 142.09 to 142.15
SOURCE: Newswires

NEWS: UK Industrial Production (Sep) M/M -1.7% vs. Exp. -0.6% (Prev. -0.5%)
REACTION: In immediate reaction to this news GBP/USD moved 12 pips to the downside following the miss in expectations from 1.5976 to 1.5964, UK gilts moved 8 ticks to the upside from 119.60 to 119.68.
SOURCE: Newswires

06 Nov 2012 - 21:03 - Equities Economic Commentary - Source: Newswires

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