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r pressure as H1 profit & margins miss estimates (COLR BB trading -2.3%) • Lufthansa aims to cut long-haul unit costs by 10% by 2015 & 20% by 2025 (Bloomberg) • Bahrain Telecom (Batelco) to buy Cable & Wireless Monaco business for $680 million • French car registrations for November weaker at -22.9% (R
elecom (Batelco) to buy Cable & Wireless Monaco business for $680 million • French car registrations for November weaker at -22.9% (Renault -33.5%, Peugeot -23%) • Spain's Rajoy says it may be 'very complicated" to achieve 6.3% deficit to GDP target in 2012 • Merkel suggests may be willing to conside
.html> Groupon Makes Foray Into U.K. E-Commerce Bloomberg<http://www.bloomberg.com/news/2011-09-13/groupon-
surprises, a lot of candidates went after Perry) Nomura is said to plan to cut about 5% of jobs in Europe (reductions may be announced tomorrow) Peugeot (Europe's 2nd biggest carmaker) to cut jobs & increase savings as EU slump threatens profits Philips to deepen cost cuts as CEO seeks to streamline
better, restructuring and cost cutting on track (trading +3.6%) • Italian elections in 3 weeks may yield hung parliament, requiring follow-up vote (Bloomberg) • German trade data: Dec exports +0.3% m/m vs est +1.4%, Dec imports -1.3% vs est +1.6% • Italy December industrial production +0.4% m/m vs est
minor changes (BPTY LN +20%, 888 LN +11%) • Hugo Boss Q4 EBITDA better, strong Europe/US, Asia stuttering, confident for 2013 (trading -0.22%) • Peugeot taking €4.13B write-down for FY2012, government bailout may be an option (trading -0.85%) • Telecom Italia O4 revs inline, EBITDA light, underlying
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