News Headline Summary

RANsquawk - Today's trading edge

TIME: 2007GMT
NEWS: McMoRan (MMR) says on November 11th Davy Jones well was opened for test and flowed gas into unmetred atmospheric tank before being flared
REACTION: In reaction to this news MMR shares moved 5.48% to the upside from USD 10.31 to USD 10.87.

TIME: 1855GMT
NEWS: Market talk Mosaic negative on Nordstrom (JWN) - Unconfirmed
REACTION: Within recent trade co. shares have seen downside, moving lower by 3% over the past 8 minutes; trades USD 53.54 last (-5.3%).

TIME: 1739GMT
NEWS: ECB said to be poised to re-accept Greek government bonds as collateral if the next aid tranche is approved according to sources
REACTION: EUR/USD moves higher over the next minute from 1.2965 to 1.2975.

TIME: 0530GMT
NEWS: India's Spicejet (SPJT IN) in talks with Malaysia's Airasia to sell a stake, according to Indian government sources
REACTION: Co. shares rose 7.2% in the 5 minutes after the news broke from INR 42.50 to INR 45.61.

TIME: 0455GMT
NEWS: Kansai Electric (9503 JT) forecasts FY12 net loss JPY 265.00bln
REACTION: Co. shares moved lower by 0.9% in the 2 minutes following the news from 754.97 to 747.91.

26 Nov 2012 - 21:13 - Equities Market analysis - Source: RANsquawk

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