News Headline Summary

RANsquawk - Today's Trading Edge

NEWS: BoJ's Kuroda says BoJ will continue easing to achieve price target.
REACTION: In an immediate reaction, USD/JPY moved 12 pips higher from 99.24 to 99.36.
SOURCE: Newswires

NEWS: Paulson says they believe Radian Group (RDN) can rise to USD 20.00 by 2015.
REACTION: In an immediate reaction, Co. shares moved 1.44% higher from USD 10.42 to USD 10.57.
SOURCE: Newswires

NEWS: Fitch downgrades UK to 'AA+' from AAA; outlook stable.
REACTION: In an immediate reaction, GBP/USD moved 30 pips lower from 1.5251 to 1.5221. Gilts moved 13 ticks lower from 119.94 to 119.81.
SOURCE: Newswires

NEWS: AB Inbev (BUD) and US said to reach agreement on Modelo acquisition.
REACTION: BUD shares moved 1.08% higher in immediate reaction to the news from USD 98.07 to USD 99.13. Constellation Brands (STZ) shares also moved 1.0% higher from USD 47.36 to USD 47.87.
SOURCE: Newswires

NEWS: ECB's Weidmann says comments in WSJ interview were not meant to signal trend change on ECB rates.
REACTION: EUR/USD continued to move higher following the latest comments from Weidmann; moving 48 pips higher from 1.3082 to 1.3130. Bund futures moved 30 ticks lower from 146.15 to 145.85.
SOURCE: Newswires

NEWS: Aruba Networks (ARUN) initiated with new buy rating at Cleveland Research.
REACTION: Co. shares move 1.12% higher in immediate reaction to the news from USD 21.49 to 21.73.
SOURCE: Hammerstone

NEWS: ECB's Weidmann says ECB may reassess interest rates if data changes; interest rates are currently appropriate and don't expect too much from a rate cut.
REACTION: In immediate reaction to the comments EUR/USD moved 37 pips higher from 1.3082 to 1.3119. Front month Euribor moved 1 tick lower from 99.81 to 99.80. Bund futures fell 16 ticks from 146.05 to 145.89.
SOURCE: Newswires

NEWS: Alex Machkevitch is reviewing potential opportunities to make an offer for ENRC (ENRC LN)
REACTION: In an immediate reaction; co.'s shares moved 9.40% higher from GBP 2.36 to GBP 2.58. Minutes following the release, shares gained over 24% to trade at GBP 2.87.
SOURCE: Newswires

NEWS: Commerzbank (CBK GY) sees after tax loss in Q1 2013
REACTION: In an immediate reaction, co. shares fell 1.27%, from EUR 1.16 to EUR 1.14%. However, co. shares quickly pared the losses, following comments that the bank "started solidly" in first three months of 2013. Co. shares trading at EUR 1.16 last.
SOURCE: Newswires

NEWS: LANXESS (LXS GY) shares outperform following market talk that the Co. could be subject to takeover from China for EUR 68/share
REACTION: LXS GY shares rose an additional 1.4% in the minutes following the spokesperson for the Co. declining to comment. Trades higher by 4.3% at EUR 53.78 last.- 20 minutes following the original reports, LXS GY shares extended their gains; rising 3.2% from pre-announced levels.

NEWS: Peugeot (UG FP) says they had a record Q1 in China
REACTION: Co. shares immediately spiked 1.22% from EUR 5.375 to EUR 5.440.
SOURCE: Newswires

19 Apr 2013 - 21:03 - Fixed Income Bank Speaker - Source: RANsquawk

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