Apr 7 2014 | 9:58 AM
From The Trading Floor: Equities are trading in cautious territory this morning as we enter earnings season after a week that saw a sell-off in momentum names
- Light economic calendar this morning with Consumer Credit coming out at 3:00
- Earnings season begins in earnest this week with Alcoa unofficially kicking the season off tomorrow after the close
- Holcim and Lafarge, the world's two biggest cement makers, have agreed to an all-share merger of equals that will create a company with over $40B in annual sales and a market cap of $50B.
- German industrial output increased 0.4% on the month in February, beating economists' expectations of a 0.2% monthly rise.
- Russian stocks came under renewed pressure after antigovernment protesters calling for closer ties with Moscow seized regional government headquarters in two cities in Ukraine's east...
Managing Director, The Capital Markets Desk
Apr 7 2014 | 8:30 AM
Ahead of the Bell: Dow futures are trading down 52 points and S&P futures are trading down 7 points. Global shares slip, coming off a six year high after the World Bank trims its growth forecast for China and developing East Asian countries. The Bank said the region's economies were likely to see steady growth in the next couple of years, helped by a pick-up in global growth and trade, which would offset headwinds from the tightening of global financial markets. The Washington-based development Bank lowered its 2014 growth forecast for China to 7.6%, from 7.7% previously. It also kept its 2015 growth forecast for China steady at 7.5%, down slightly from 7.7%, citing a bumpy start for 2014, driven by weak industrial production and exports from China. There is wide-spread speculation among market participants that the European Central Bank will ease monetary policy further. This followed comments by ECB President, Mario Draghi that...
Director, Market Watch & Corporate Actions
Apr 7 2014 | 4:48 AM
On 7 April 2014, Guy Vanhengel, Minister of Finance and Budget of the Brussels-Capital Region opened the European stock markets with a Bell Ceremony at Euronext Brussels to celebrate the first listing of the Medium Term Notes issued by Brussels-Capital Region. The bonds are listed with a total amount of 35.000.000 euro. The redemption dates are 2029 and 2044. The interest rates are respectively 2.864% and 3.375%. ING and Belfius were the coordinators.
Guy Vanhengel, Minister of Finance and Budget of the Brussels-Capital Region at listing ceremony Medium Term Notes
Apr 7 2014 | 4:28 AM
Genomic Vision specializes in developing genetic diseases diagnosis tests and cancer genomic analysis. The group uses molecular combing technology which allows direct visualization of DNA individual molecules in order to detect the quantitative and qualitative changes of the genome and determine their role in targeted pathology.
Apr 7 2014 | 4:12 AM
Winner of the BankGiro Lottery Museum Prize 2014, Klok & Peel Museum Asten, visits Beursplein 5 to sound the gong. The museum got 49% of the public votes. The Museum Prize is an initiative of the Prince Bernhard Cultural Fund and the BankGiro Lottery, in collaboration with the Museum Association.
Klok & Peel Museum Asten, a museum that is almost entirely run by volunteers, was nominated by the jury for its innovative way in which the museum uses presentation techniques and for the good combination of digital, interactive and traditional presentations. The Museum Prize, founded in 1990, is the most important museum price in the Netherlands. Chairman and volunteer at the museum, Harry van der Loo, sounds the gong.
For more information: www.cultuurfonds.nl...