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2011 global oil demand outlook little unchanged but warned prices above $100/barrel starting to hurt global economy Delta Lloyd plunged 7.3% after Aviva (Britain's 2nd biggest insurer by market value) plans to sell 15% stake in Dutch company Banca Monte Paschi plans to pay C2B in dividends over next
Staples Retailers (uw) Key Research: BMO downgrades AA, JMP downgrades AMMD & initiates BX (op), UBS downgrades ELN & upgrades LVLT Key Research: Barcap initiates US retail softlines industry (ew) & TDSC (ew), DB initiates WES (buy), GS downgrade TX Key Research: MS downgrades FTE & initiates lodgin
Travel Q2 look ok with UK strong and summer trading inline (trading -0.70%) ACS Ql in line, net debt deterioration due to Hochtief (trading -4.7%) Aviva reports that Andrew Moss to step down as CEO with immediate effect (trading +3.0%) (unch) coalition (private) Insurers #'s out: Swiss Life (-2.5
the end of June. Secondaries (announced/priced): PMT, KKD, SAVE (block trade), ULTA & WWWW (holders), CLMT IPO's (filed/priced): N/A Key Research: Barcap upgrades VECO & downgrades BP & initiates RXN (ow) and MM few), Wells upgrades VRTX Key Research: Canaccord initiates UTEK (buy) & upgrades XEC (bu
ealthcare, remains cautious for 2012 (trading +4.7%) billion) Vodafone agrees to buy Cable & Wireless for 38p/share (closed Friday at 32p) (£1.04 Aviva set to pull out of US in a move that could lose the UK insurer £1 billion EFTA00414887 says the Sunday Times Greene King Q4 better, strong moment
ed 4.25 Secondaries (announced/priced): N/A IPO's: N/A Key Research: Key Research: ABVT Key Research: (ow) Key Research: BMC Key Research: Barcap upgrades HTWR/AZN LN & downgrades NOVOB DC, BMO downgrades CHSI JPM upgrades ARM LN & initiates PPG (ow), RBC initiates IPHI (op) & downgrades MS u
mlftaxzz1O4nwl3el> New 3 chief rules out sale or merger FT<http://www.ft.com/intl/cms/s/0/29530da0- 8d02-11e0-815d-00144feab49a.html#axzzlNsx1DoaE> Aviva boss in shock departure Guardian<http://www.guardian.co.uk/business/2011/jun/02/aviva-chief-executive-to-run- towergate> Top chipmaker to cut labou
downgrades ALL & raises target VRUS Key Research: ISI Group initiates BMY (hold), Wedbush initiates CERS (op), Wells downgrades FRO Key Research: Barcap upgrades ARUN, Piper upgrades ZQK, Janney upgrades NWY, CS downgrades FDO Key Research: Jeff initiates FINL/SGNT/NKE (buy) & CSCO/VFC (hold), Merri
Entities connected to both Aviva and Barcap
Ike Groff
PERSON
Lesley Groff
PERSON
Barron
PERSONBaird
PERSON
Bloomberg L.P.
ORGANIZATION
Barack Obama
PERSON
François Hollande
PERSONJanney
PERSONUtilities
ORGANIZATIONOsborne
PERSON
Dallas
LOCATION
Mitt Romney
PERSON
Detroit
LOCATION
United States
LOCATION
Pfizer
ORGANIZATIONFisher
PERSON
Marc Rich
PERSON
New Zealand
LOCATION
Tesco
ORGANIZATION
Standard Chartered
ORGANIZATION