News Headline Summary

RANsquawk - Today's trading edge

TIME: 1846BST
NEWS: LuleLemon (LULU) mentioned cautiously on Street Sweeper
REACTION: Co. shares moved 1.8% lower following this mention from USD 69.54 to USD 68.33.

TIME: 1840BST
NEWS: Navidea Pharmaceuticals (NAVB) announces that results of NAV4694 clinical trial published in the journal of nuclear medicine
REACTION: In an immediate reaction, Co. shares moved 2.37% from USD 2.53 to USD 2.59

TIME: 1827BST
NEWS: JC Penney (JCP) is said to be in talks for a USD 500mln loan led by Wells Fargo
REACTION: In reaction to initial the report Co. shares moved 1.34% higher from USD 15.02 to USD 15.23.

TIME: 1612BST
NEWS: Lloyds Banking Group (LLOY LN) said to weigh sale of Scottish Widows fund unit.
REACTION: In an immediate reaction, co. shares rose 1.16% from GBP 0.47 to GBP 0.48.

TIME: 1535BST
NEWS: Negative for SolarCity (SCTY) that the German government is on the verge of a new subsidy, according to sources.
REACTION: Co. shares moved 3.65% lower in immediate reaction to the news from USD 19.35 to USD 20.06.

TIME: 1535BST
NEWS: BoE's Weale says weaker inflation pressure adds to BoE stimulus case
REACTION: In an immediate reaction, GBP/USD moved 27 pips lower from 1.5309 to 1.5282.

TIME: 1435BST
NEWS: Positive for Nu Skin (NUS) as they are possibly guiding up their China sales.
REACTION: Co. shares moved 1.19% higher in immediate reaction to the news from USD 49.79 to USD 50.38.

TIME: 1412BST
NEWS: Elan (ELN ID) spokesman says Johnson & Johnson (JNJ) sold 92% of tendered shares and had owned an 18% stake in the Co.
REACTION: In an immediate reaction, co. shares fell 4.68% from EUR 9.12 to EUR 8.70.

TIME: 1356BST
NEWS: SolarWorld (SWV GY) creditors aim to strike restructuring deal within 2-3 weeks according to sources.
REACTION: In an immediate reaction; co.'s shares move 2.93% lower from EUR 0.70 to EUR 0.68.

TIME: 1245BST
NEWS: Italian parliament fails to elect President on first round vote; Marini doesn't have votes for Italian presidency according to a tally.
REACTION: In an immediate reaction; EUR/USD moved 15 pips lower from 1.3050 to 1.3035, May Bund futures moved 7 ticks higher from 145.96 to 146.03.

TIME:1035BST
NEWS: Sweden's Riksbank dep. governor Per Jansson says SEK is relatively weak in long-term perspective
REACTION: In an immediate reaction, EUR/SEK spiked 99 pips lower from 8.4900 to 8.4801.

TIME: 0919BST
NEWS: RWE (RWE GY) repeats impossible to maintain earnings level post-2013, sticks to max ratio net debt/Ebitda of 3 target.
REACTION: In an immediate reaction, co. shares spiked 1.98% to the downside from EUR 29.37 to EUR 28.79.

18 Apr 2013 - 21:44 - Equities Bank Speaker - Source: RANsquawk

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