News Headline Summary

RANsquawk - Today's trading edge

TIME: 1901GMT
NEWS: Peabody Energy (BTU) Willow Lake mine in Southern Illoinois to be closed and sees USD 0.10-0.15 charge
REACTION: Immediate reaction, co.'s shares spike 1.10% to the downside from USD 24.52 to USD 24.23.

TIME: 1848GMT
NEWS: Zillow (Z) mentioned cautiously by Citron Research
REACTION: Co. shares pop 3.3% to the downside in reaction to this report; trades USD 24.97 last.

TIME: 1844GMT
NEWS: VMWare (VMW) plans to turn over SpringSource, Cloud Foundry, GemStone and other non-core technologies over to a new EMC-owned subsidiary according to GigaOM
REACTION: Co. shares move 2.7% to the upside following this news, to print a high of USD 92.45; trades USD 91.33 last.

TIME: 1839GMT
NEWS: Schnitzer Steel (SCHN) upgraded to neutral from underperform at BofA/Merrill
REACTION: Co. shares moved 3.0% to the upside in reaction to this broker move to hit a high of USD 28.17; trades USD 28.09 last.

TIME: 1717GMT
NEWS: Market talk that Mosaic are negative on Macy's (M) - Unconfirmed
REACTION: Shares move lower over the next 2 minutes by 1.66% from USD 39.99 to USD 39.34.

TIME: 1444GMT
NEWS: Threshold Pharmaceuticals (THLD) gets US patent for treating pancreatic cancer using glufosfamide
REACTION: Shares move 8% higher following this news from USD 4.51 to USD 4.90.

TIME: 1037GMT
NEWS: Bankia (BKIA SM) sub-debt with fixed maturities to take losses of between 10-20% of face value, according to sources
REACTION: Co. unreactive, trading sharply higher at EUR 1.085, up 7.43%.

TIME:0817GMT
NEWS: PIMCO's Amey says sees a good chance UK will lose AAA rating
REACTION: Over the next 30mins GBP/USD fell 32 pips to 1.60, these losses were pared after the release of the UK GDP figure at 0930GMT
SOURCE: Newswires

TIME: 0449GMT
NEWS: Japan opposition LDP leader Abe says BoJ must pursue bold monetary easing, government and BoJ can discuss a new inflation target
REACTION: USD/JPY rose 20 pips from 81.98 to 82.18 in the 6 minutes after the initial headline. Nikkei 225 rose 0.3% in the same time frame, rising from 9408 to 9436.

27 Nov 2012 - 23:18 - - Source: RANsquawk

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