Ehkki mitte midagi uut pole tegelikult avalikkuseks tulnud…Itaalia parlament kiitis heaks 54 miljardi euro suuruse kärpekava ja Merkel ning Sarkozy teatasid konverentsikõnel koos Papandreouga, et Kreeka tulevik on seotud eurotsooniga, siis tõenäoliselt on negatiivsete uudiste puudumine aidanud tekitada turgudel veidi parema meeleolu. Meediasse jooksnud pealkirjad sellest, et Austria parlament on hääletanud EFSFi laiendamise vastu võtsid turgudel hetkeks põlvest nõrgaks, kuid hilisemad täpsustused vaid päevakava muutmise tagasilükkamisest aitasid Dow indeksil lõpetada kolmanda päeva plussis ning Nasdaqil kustutada sisuliselt kogu septembri kaotus.
Tänane makrokalender on juba hulga mahukam võrreldes eelnevate päevadega. Euroopas saame kell 11.30 teada Suurbritannia augustikuu jaemüügi muutuse ja kell 12.00 eurotsooni augusti inflatsiooni. Seejärel liigub fookus USAsse, kus kell 15.30 raporteeritakse augusti THI, Empire State töötleva tööstuse küsitlus ja möödunud nädala töötuabiraha taotluste suurusjärk. Kell 16.15 avaldatakse augusti tööstustoodangu muutus ja kell 17.00 Philadelphia Fedi küsitlus. Ühtlasi on tähelepanu all Hispaania võlakirjaoksjon, kus jälgitakse, millist preemiat tuleb riigil nelja miljardi euro laenamiseks maksta.
USA indeksite futuurid kauplevad hetkel nulli lähedal, Euroopa on aga avanemas ca protsendise tõusuga. 
UBSs läks kellelgi trade veidi nihu... UBS AG discovers unauthorized trade in investment bank division in the range of $2 bln; co states its possible co will report Q3 loss; states no client positions were affected
stock hetkel -8%
stock hetkel -8%
Eilset-tänast tõusu mõjutab ka homne 3x optsiooni-futuuride lõppemise reede. Agaralt langusele panustajad, keda on tavapärasest rohkem, peavad nüüd oma positsioone katma.
Bespoke avaldas eile huvitava graafiku sellest, kuidas 233 S&P 500 ettevõtet pakuvad suuremat dividenditootlust kui USA 10-aastane võlakiri, kusjuures enam kui 60 ettevõtte dividenditootlus on vähemalt kaks korda kõrgem kui 10-aastase võlakirja tulusus. Antud juhul peaksid investorid muidugi endalt küsima, kas antud dividendid on jätkusuutlikud. Tihtipeale on ettevõtte dividenditootlus kõrge seetõttu, et turg on tuleviku dividendide suhtes ebakindel. Ka 2008. aastal oli mitme finantsettevõtte dividenditootlus kõrge, kuid mäletatavasti mitmed neist ka alandasid dividende või peatasid dividendimaksed sootuks. Bespoke toob aga välja, et olukord on hetkel teistsugune, sest ettevõtted pigem tõstavad dividende kui langetavad neid, mis viitab sellele, et ettevõtted usuvad, et nad suudavad maksta kõrgemaid dividende ka tulevikus.
RTRS-SWISS NEWSPAPER NZZ CITES UBS AS SAYING ROGUE TRADER WORKED IN LONDON EQUITIES DIVISION
Briti poissmehed oskavad ikka pidu panna :)
The report said the loss had been discovered on Wednesday afternoon and was down to "a trader with substantial criminal energy".
However, those claims remains unsubstantiated and some banking sources suggested equity losses on such a scale would be unlikely.
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/8764363/City-rogue-trader-arrested-over-2bn-UBS-loss.html
However, those claims remains unsubstantiated and some banking sources suggested equity losses on such a scale would be unlikely.
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/8764363/City-rogue-trader-arrested-over-2bn-UBS-loss.html
Bloomberg kirjutab, et Broadcom (BRCM) on ilmselt suurim kasusaaja Apple (AAPL)-i tellimustest.
Taiwan Semiconductor Manufacturing Co, mis on BRCM suurim tarnija, ütles möödunud nädalal, et kolmanda kvartali müük tuleb ilmselt oodatust suurem ja seda viimase hetke tellimuste tõttu kliendilt, mille nime ei nimetatud. Teised Taiwan Semiconductori kliendid, mis on teatanud prognoositust nõrgematest tulemustest, oletavad, et tõenäoliselt on tegemist BRCM-ga, mis üritab rahuldada Apple`i nõudlust.
Taiwan Semiconductor Manufacturing Co, mis on BRCM suurim tarnija, ütles möödunud nädalal, et kolmanda kvartali müük tuleb ilmselt oodatust suurem ja seda viimase hetke tellimuste tõttu kliendilt, mille nime ei nimetatud. Teised Taiwan Semiconductori kliendid, mis on teatanud prognoositust nõrgematest tulemustest, oletavad, et tõenäoliselt on tegemist BRCM-ga, mis üritab rahuldada Apple`i nõudlust.
NFLX langetas kolmandaks kvartaliks oma USA uute liitujate prognoosi, EPS-i prognoosi kinnitas.
Netflix reaffirms Q3 EPS, rev guidance, lowers Q3 domestic subscriber (streaming and DVD) guidance (208.71)
Co lowers Q3 domestic subscriber guidance; lowers streaming to 21.8 mln from 22 mln, lowers DVD to 14.2 mln DVD from 15.0 mln. Co reaffirms guidance for Q3 (Sep), sees EPS of $0.72-1.07 vs. $1.02 Capital IQ Consensus Estimate; sees Q3 (Sep) revs of 799.5-828.5 mln vs. $818.88 mln Capital IQ Consensus Estimate.
Eelturul kaupleb NFLX aktsia $ 189 kandis, 9,2% miinuspoolel.
Netflix reaffirms Q3 EPS, rev guidance, lowers Q3 domestic subscriber (streaming and DVD) guidance (208.71)
Co lowers Q3 domestic subscriber guidance; lowers streaming to 21.8 mln from 22 mln, lowers DVD to 14.2 mln DVD from 15.0 mln. Co reaffirms guidance for Q3 (Sep), sees EPS of $0.72-1.07 vs. $1.02 Capital IQ Consensus Estimate; sees Q3 (Sep) revs of 799.5-828.5 mln vs. $818.88 mln Capital IQ Consensus Estimate.
Eelturul kaupleb NFLX aktsia $ 189 kandis, 9,2% miinuspoolel.
Uus meie aja kangelane - Kweku!
UBS equity trader Kweku Adoboli was arrested in connection to the €2bn unauthorised UBS trade.
Ennevanasti oli kaks jardi taala ikka ropp raha ;)
UBS equity trader Kweku Adoboli was arrested in connection to the €2bn unauthorised UBS trade.
Ennevanasti oli kaks jardi taala ikka ropp raha ;)
Gapping up
In reaction to strong earnings/guidance: SCOK +4.4%, (light volume), COL +1.5%, PIR +1.3%.
M&A news: FNDT +29.6% (Fundtech receives a superior offer from GTCR Fund for $23.33 per share).
Select financial related names showing strength: BBVA +2.9%, DB +2.8%, ING +2.8%, CS +2.7%, RBS +2.3%, LYG +1.9%, BCS +1.9%, HBC +1.8%, STD +1.8%, .
Select mining stocks trading higher: SVM +4.9%, AU +1.6%, BBL +1.3%, RIO +1%, BHP +1%.
A few oil/gas related names showing strength: BP +1.9%, TOT +1.8%, RDS.A +1.1%.
Other news: TSPT +21.3% (announces lan to resubmit Intermezzo new drug application following meeting with the FDA), MILL +11.2% (reported that oil shipped in August rose 44% to 46,882 barrels compared with the average monthly shipment in the first fiscal quarter ended July 31, 2011), NCT +10.5% (increases its Q3 common dividend to $0.15 from $0.10), SQNS +4.8% (continued strength), ACC +3.1% (ACC will replace LZ in the S&P MidCap 400), SNY +2% (still checking).
Analyst comments: MT +2.7% (upgraded to Buy from Hold at Citigroup), AMAT +2.3% (upgraded to Outperform at Oppenheimer), UNP +1.2% (upgraded to Buy from Neutral at UBS).
In reaction to strong earnings/guidance: SCOK +4.4%, (light volume), COL +1.5%, PIR +1.3%.
M&A news: FNDT +29.6% (Fundtech receives a superior offer from GTCR Fund for $23.33 per share).
Select financial related names showing strength: BBVA +2.9%, DB +2.8%, ING +2.8%, CS +2.7%, RBS +2.3%, LYG +1.9%, BCS +1.9%, HBC +1.8%, STD +1.8%, .
Select mining stocks trading higher: SVM +4.9%, AU +1.6%, BBL +1.3%, RIO +1%, BHP +1%.
A few oil/gas related names showing strength: BP +1.9%, TOT +1.8%, RDS.A +1.1%.
Other news: TSPT +21.3% (announces lan to resubmit Intermezzo new drug application following meeting with the FDA), MILL +11.2% (reported that oil shipped in August rose 44% to 46,882 barrels compared with the average monthly shipment in the first fiscal quarter ended July 31, 2011), NCT +10.5% (increases its Q3 common dividend to $0.15 from $0.10), SQNS +4.8% (continued strength), ACC +3.1% (ACC will replace LZ in the S&P MidCap 400), SNY +2% (still checking).
Analyst comments: MT +2.7% (upgraded to Buy from Hold at Citigroup), AMAT +2.3% (upgraded to Outperform at Oppenheimer), UNP +1.2% (upgraded to Buy from Neutral at UBS).
Gapping down
In reaction to disappointing earnings/guidance: AIXG -14.6%, (also downgraded to Sell from Neutral at WestLB), NFLX -14.5%, CLC -7.8%, PWRD -7%, ASNA -3.2%.
Select metals trading lower: SLV -1.2%, GLD -1.1%, GDX -0.6%, .
Other news: VECO -9.4% (trading lower with AIXG), KITD -8.7% (proposes public offering of common stock), UBS -8.5% (discovers unauthorized trade in investment bank division in the range of a $2 bln loss; co states its possible co will report Q3 loss; states no client positions were affected), BQI -4.3% (files form 10-Q quarterly report; Receives non-compliance notification from NYSE; Negotiates letter of intent for possible Wallace Creek sale).
Analyst comments: AN -1.1% (ticking lower, downgraded to Underperform from Neutral at BofA/Merrill).
In reaction to disappointing earnings/guidance: AIXG -14.6%, (also downgraded to Sell from Neutral at WestLB), NFLX -14.5%, CLC -7.8%, PWRD -7%, ASNA -3.2%.
Select metals trading lower: SLV -1.2%, GLD -1.1%, GDX -0.6%, .
Other news: VECO -9.4% (trading lower with AIXG), KITD -8.7% (proposes public offering of common stock), UBS -8.5% (discovers unauthorized trade in investment bank division in the range of a $2 bln loss; co states its possible co will report Q3 loss; states no client positions were affected), BQI -4.3% (files form 10-Q quarterly report; Receives non-compliance notification from NYSE; Negotiates letter of intent for possible Wallace Creek sale).
Analyst comments: AN -1.1% (ticking lower, downgraded to Underperform from Neutral at BofA/Merrill).
September Empire Manufacturing -8.8 vs -4.0 Briefing.com consensus; August -7.7
Initial Claims 428K vs 410K Briefing.com consensus, Prior initial claims revised to 417K from 414K
Continuing Claims falls to 3.726 mln from 3.738 mln
August CPI Y/Y Headline +3.8%; Core +2.0%
August Core CPI M/M +0.2% vs +0.2% Briefing.com consensus
Q2 Current Account Balance -$118.0 bln vs -$121.5 bln Briefing.com consensus; Prior -$119.3 bln
Initial Claims 428K vs 410K Briefing.com consensus, Prior initial claims revised to 417K from 414K
Continuing Claims falls to 3.726 mln from 3.738 mln
August CPI Y/Y Headline +3.8%; Core +2.0%
August Core CPI M/M +0.2% vs +0.2% Briefing.com consensus
Q2 Current Account Balance -$118.0 bln vs -$121.5 bln Briefing.com consensus; Prior -$119.3 bln
Futuurid teinud korraliku põrke....ECB to offer European banks dollar loans, coordinated with Fed, other central banks
August Industrial Production +0.2% vs 0.0% Briefing.com consensus; Prior revised to +0.9% from +0.9%
JPM usub, et NFLX uuest hinnapoliitikast võidab eelkõige CSTR.
CSTR – Netflix’s updated 3Q guidance signals weaker-than-expected domestic subscriber counts for both streaming and DVD options, with the biggest reduction in DVD-only plans (from 3 million to 2.2 million). First take: mild positive for CSTR, which might be benefiting from
NFLX's new pricing policy, introduced in the summer.
CSTR – Netflix’s updated 3Q guidance signals weaker-than-expected domestic subscriber counts for both streaming and DVD options, with the biggest reduction in DVD-only plans (from 3 million to 2.2 million). First take: mild positive for CSTR, which might be benefiting from
NFLX's new pricing policy, introduced in the summer.
Mnjah, huvitav on tagantjärgi näha, et kui paar aastat tagasi kirjutasin, et Fundtechi (FNDT) saatuseks on ikkagi ühel päeval kellegi poolt üle võetud saada, siis nii on ka läinud ja ühest ülevõtmispakkumisest selle ettevõtte äraostmiseks ei piisanud. Private equity firma poolt tehakse täna hommikul varasemast S1 poolt pakutust 30% parem pakkumine.
Fundtech said Thursday private equity firm GTCR made a binding offer to acquire the company for $23.33 per share in cash, which Fundtech’s board has determined is superior to its previously announced merger agreement with S1 Corp.
Fundtech said Thursday private equity firm GTCR made a binding offer to acquire the company for $23.33 per share in cash, which Fundtech’s board has determined is superior to its previously announced merger agreement with S1 Corp.
September Philadelphia Fed -17.5 vs -10.0 Briefing.com consensus; August -30.7
Mis siis nüüd - turud tormasid üles - kas rõõmustatakse, et Philadephia Fed oli 2 korda parem, kui eelmine näit või arvatakse, et nüüd lubab onu Ben järgmisel nädalal pappi pritsida?
Time for a Ludicrus Forecast (again!)...Gun to my head - at some point we will be down on the day.
Doug Kassi kommentaar (9 minutit tagasi)
Doug Kassi kommentaar (9 minutit tagasi)