News Headline Summary

RANsquawk - Today's trading edge

NEWS: US Supreme Court accepts appeal in case involving Myriad Genetics (MYGN)
REACTION: After shares fell 9.9% they have since bounced and retraced the entire downside move; trades USD 29.81 last.

NEWS: Blackstone (BX) and Allscripts (MDRX) remain far apart on valuation, a deal is uncertain according to sources
REACTION: High volatility is seen in Allscripts share price; shares have now fallen 4.3% on this news to print a low of USD 11.80, In the following 10 minutes Allscripts shares continue to fall and have now lost 9.3% since pre-news levels.

NEWS: Splunk (SPLK) CEO says having no talks regarding acquisitions
REACTION In a delayed reaction, SPLK shares moved 1.3% to the upside.

NEWS: Market talk that Walter Energy are subject to takeover - Unconfirmed
REACTION Shares move higher by 1.28% immediately, from USD 28.80 to USD 29.18.

NEWS: Teva (TEVA) sees adjusted 2013 EPS USD 4.85-5.15 vs. Exp. USD 5.63
REACTION Co. are seen down 4.30% in pre-market trade.

NEWS: Metro (MEO GY) says they are to sell some real Eastern European operations to Auchan for an enterprise value of EUR 1.1bln
REACTION Shares immediately move 1.88% to the upside from EUR 21.78 to EUR 22.19.

NEWS: German parliament has formally approved the Greek aid bill
REACTION Dec-Bund future moved from 142.94 to 142.86, Dax future moved from 7,425.5 to 7434.5, EUR/USD moved from 1.2999 to 1.3008.

NEWS: Norwegian central bank says will not purchase FX in December for oil fund
REACTION In an immediate reaction, EUR/NOK spiked up 164pips from 7.3769 to 7.3936.

NEWS: Japanese LDP leader Abe says won't make demands on specific monetary policy means once he become premier, as that should be decided by BoJ
REACTION In the following two minutes, USD/JPY moved down 14 pips from 82.53 to 82,39.

30 Nov 2012 - 21:27 - Forex Rumour - Source: RANsquawk

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