News Headline Summary

RANsquawk - Today's trading edge

TIME:2041GMT
NEWS: AMR CEO Horton in discussions to become Chairman of merged AMR-US Airways (LCC) according to sources
REACTION: In immediate reaction LCC shares rose 2%.

TIME: 2021GMT
NEWS: Merge Healthcare (MRGE) sales talks have ended with no transaction according to sources
REACTION: Shares move lower by 6% in an immediate reaction.

TIME: 2011GMT
NEWS: Silver Lake partners may be prepared to bid around USD 15 per share for Dell (DELL) according to sources
REACTION: Shares moved 2.4% higher in an immediate reaction.

TIME: 1953GMT
NEWS: Spectrum Pharma (SPPI) execs say they have had interest from big pharma companies from Japan and Europe
REACTION: Shares spike 8% in an immediate reaction.

TIME: 1922GMT
NEWS: Unsubstantianted talk of a negative report for Audience (ADNC) from Muddy Waters, however reports suggest this could be fake
REACTION: ADNC shares initially moved 26% lower but quickly pared this move.

TIME: 1623GMT
NEWS: Buckingham upgrades Under Armour (UA)
REACTION: Co. shares move 2.5% higher in immediate reaction to the news from USD 47.44 to USD 49.04.

TIME: 1531GMT
NEWS: ArcelorMittal (MT NA) and Nippon Steel said to team bid for ThyssenKrupp (TKA GY) unit
REACTION: In immediate reaction TKA GY shares rose 1.01% going from USD 17.73 to USD 17.92.

TIME: 1518GMT
NEWS: Dish (DISH) says they won't file petition against Sprint and Softbank review; cites continued negotiations over Clearwire (CLWR)
REACTION: In immediate reaction CLWR shares fell 1.04% going from USD 3.37 to USD 3.33. UPDATE - CLWR shares continue to move lower, prints lows at USD 3.28.

TIME: 1454GMT
NEWS: JC Penney (JCP) says it will bring back sales cuts according to the West Central Tribune
REACTION: JCP shares rose 2.86% within recent trade

TIME: 1451GMT
NEWS: G4S (GFS /LN) outsourcing deal with police forces collapses according to sources
REACTION: In immediate reaction GFS shares spiked 0.5% lower. In the 2 mins following the news GFS shares dropped a further 2%, falling 2.5% in total in reaction.

TIME: 1435GMT
NEWS: Progressive Waste (BIN) downgraded to sector perform by National Bank
REACTION: In immediate reaction BIN shares moved 1.48% lower.

TIME: 0431GMT
NEWS: Shin-Etsu Chemical (4063 JT) 9-month 2012 operating profit JPY 121.13bln and 9-month net income JPY 83.43bln
REACTION: - Co. shares immediately moved higher by 1.64% from JPY 5501.04 to JPY 5590.68.

TIME: 0431GMT
NEWS: Shin-Etsu Chemical (4063 JT) 9-month 2012 operating profit JPY 121.13bln and 9-month net income JPY 83.43bln
REACTION: Co. shares immediately moved higher by 1.64% from JPY 5501.04 to JPY 5590.68

Print 21:52, 29 Jan 2013 - Market Analysis - Source: RANsquawk