Analytics, News, and Forecasts for CFD Markets: stock news — 08-01-2013.

Most European stocks fell after German exports dropped and investors speculated recent gains have overshot the outlook for company profits as Alcoa Inc. prepared to kick off the U.S. earnings season.

German exports declined more than forecast in November. Exports adjusted for working days and seasonal changes fell 3.4 percent from October, the steepest drop in more than a year, the Federal Statistics Office in Wiesbaden said today. Economists had forecast a 0.5 percent decrease.

Still, economic confidence in the euro area increased more than economists expected in December even as the 17-nation currency bloc remained mired in its second recession in four years. An index of executive and consumer sentiment rose to 87 from 85.7 in November, the European Commission said. Economists had forecast a reading of 86.3.

National benchmark indexes declined in 10 of the 18 western European markets. Germany’s DAX Index slipped 0.5 percent and the U.K.’s FTSE 100 dropped 0.2 percent. France’s CAC 40 was little changed.

Debenhams sank 7.7 percent to 108.1 pence, the biggest decline since March 2009. The U.K.’s second-largest department- store chain cut its forecast for full-year margin growth as it stepped up promotions to gain shoppers.

A gauge of automobile companies was the worst performer among 19 industry groups in the Stoxx 600. Car sales in western Europe slid 16 percent in December, LMC Automotive said in a report yesterday.

Bayerische Motoren Werke AG (BMW) lost 3.4 percent to 73.21 euros, while Daimler AG declined 1.3 percent to 42.50 euros. Renault SA slipped 2 percent to 39.67 euros.

Recruiters Retreat

Michael Page International Plc and Hays Plc slid 3.8 percent to 398.8 pence and 1.5 percent to 84.55 pence, respectively. The U.K. recruitment companies retreated as smaller rival Robert Walters Plc said the market is still challenging and there’s yet to be any indication the situation will improve this year. Robert Walters closed unchanged at 203 pence, erasing an earlier loss of as much as 5.9 percent.

Galp Energia SGPS SA declined 3.8 percent to 12.05 euros. The shares were downgraded to neutral from buy at Bank of America Corp., citing “potentially weak” fourth-quarter earnings and 2013 guidance.

Vodafone advanced 1.7 percent to 162.4 pence, the highest since Dec. 13. Verizon Communications Chief Executive Officer Lowell McAdam said his company has the strength to buy Vodafone’s 45 percent stake in the U.S.’s largest wireless carrier, the Journal reported late yesterday.

U.S. stock futures fell as investors awaited the start of the earnings season.
Global Stocks:
Nikkei  10,508.06-90.95 -0.86%
Hang Seng 23,111.19-218.56 -0.94%
Shanghai Composite 2,276.07-9.29 -0.41%
FTSE  6,068.23+3.65 +0.06%
CAC  3,717.53+12.89 +0.35%
DAX 7,725.27-7.39 -0.10%
Crude oil $93.39 +0.21%
Gold $1653.00 +0.41% 

Downgrade:
Boeing (BA) downgraded to Hold from Buy at BB&T Capital Mkts

Other:
Bank of America (BAC) reiterated at Mkt Perform at FBR Capital. Target raised from $9 to $11.50.

Statistical data show that unemployment in the 17 countries of the euro zone in November 2012 rose to 11.8%, this is the highest level since the beginning of tracking this data in 1995.

According to the European Commission Combined index of business and consumer confidence in the euro-zone economy grew in December to 87 points from 85.7 points in the previous month. Continues to decline, retail sales in the eurozone. In annual terms, a decline of -2.6% vs. -2.1%. In comparison with the previous month figure rose +0.1% vs. +0.5%

Today, during a conference organized by the publication of Die Welt in Berlin, which will meet German Chancellor Angela Merkel, Greek Prime Minister Antonis Samaras and Spanish Finance Minister Luis de Gindos. On the subject of the talks was reported.

Debenhams Plc shares lost 5.6% after beating lowered forecasts for revenue. Quotes TGS Nopec Geophysical ASA rose by 6.8%.

FTSE 100 6,069.34 +4.76 +0.08%

DAX 7,725.33 -7.33 -0.09%

CAC 3,717.44 +12.81 +0.35%

Asian stocks fell, sending the regional benchmark index lower for a second day, as Japanese exporters declined after the yen strengthened and as earnings results from HTC Corp. missed estimates.

Nikkei 225 10,508.06 -90.95 -0.86%

Hang Seng 23,111.19 -218.56 -0.94%

S&P/ASX 200 4,690.25 -27.07 -0.57%

Shanghai Composite 2,276.07 -9.29 -0.41%

HTC, Asia’s second-largest smartphone maker, slipped 4 percent in Taipei.

Mazda Motor Corp., which gets about 72 percent of its sales outside of Japan, sank 5 percent as the yen’s advance dimmed the outlook for overseas earnings.

Samsung Electronics Co. the world’s largest maker of mobile phones and televisions, lost 1.3 percent in Seoul after reporting earnings.

Asian stocks fell, with the regional benchmark retreating after posting its longest streak of weekly gains since March last year.

Nikkei 225 10,599.01 -89.10 -0.83%

S&P/ASX 200 4,717.33 -6.45 -0.14%

Shanghai Composite 2,285.36 +8.37 +0.37%

Nomura Holdings Inc., Japan’s biggest brokerage by market value, dropped 5 percent, halting a record winning streak on speculation the stock may be overheating.

Aozora Bank Ltd. tumbled 10 percent after Reuters reported Cerberus Capital Management LP may sell most of its stake in the lender.

Shui On Land Ltd. fell 1.3 percent after the Hong Kong-based developer said it expects a significant decline in full-year profit.

European stocks retreated, after the Stoxx Europe 600 Index reached its highest valuation in almost three years, offsetting gains by lenders as central-bank governors diluted a proposed liquidity rule.

In the U.S., Republicans are planning to use the need to raise the American government’s $16.4 trillion debt ceiling to force President Barack Obama to accept spending cuts to entitlement programs such as Medicare. Congress must act as early as mid-February to prevent a default.

National benchmark indexes fell in 11 of the 18 western- European markets. France’s CAC 40 Index fell 0.7 percent and Germany’s DAX lost 0.6 percent. The U.K.’s FTSE 100 retreated 0.4 percent.

Rolls-Royce fell 1.5 percent to 904.5 pence. Europe’s largest maker of commercial aircraft and ship engines bribed an executive at Air China Ltd. and China Eastern Airlines Corp. to obtain $2 billion of deals, according to a Sunday Times report. The company declined to comment on the article. The U.K.’s Serious Fraud Office is holding an enquiry into Rolls-Royce’s activity in several countries.

Infineon Technologies AG declined 2.2 percent to 6.43 euros, its biggest drop in a month, as Bank of America Corp. downgraded the shares to underperform, the equivalent of a sell recommendation, from neutral. The brokerage cited Infineon’s valuation.

Barclays Plc and BNP Paribas SA climbed 3.8 percent to 287.2 pence and 1.9 percent to 45.21 euros, respectively. Deutsche Bank AG, Germany’s largest lender, increased 2.8 percent to 35.78 euros and Societe Generale SA, France’s second- biggest bank, added 2.7 percent to 30.13 euros.

Peugeot gained 5.6 percent to 6.52 euros. More than 17 percent of the French carmaker’s shares are out on loan, according to data compiled by Markit. Some investors borrow shares and then sell them, betting that the securities will drop before they have to be repurchased.

Wereldhave NV added 2.3 percent to 50.11 euros after agreeing to sell its U.S. real estate to Lone Star Funds for about $720 million. The Dutch property company plans to focus on shopping centers in western Europe and use the proceeds from the sale to reduce its debt.

In the absence of any economic data and expectations of the early season reports major U.S. stock indexes are adjusted after growth, which they demonstrated last week.

Tomorrow after trading on major stock exchanges Wall Street its quarterly financial report will publish aluminum giant Alcoa (AA), which is the unofficial start of the season audience in the last quarter.

Among the most important news that today affect the dynamics of the market it is worth noting reports that the Basel Committee on Banking Supervision put some stricter standards of Basel-III.

Of corporate communications at the center of attention are the following:

- Shares of Amazon.com Inc. (AMZN) reached a record high against the increase of their rating analysts Morgan Stanley. Rating was upgraded to "overweight". Cause of rising expectations are called sales growth in e-commerce. AMZN shares went up today to $ 269.30.

- Shares of Intel Corp. (INTC) rose after raising their rating analysts Lazard Capital Markets to "buy" from "neutral."

- At Boeing (BA) new problems with Dreamliner-ohm. The company's shares fell after reports of fire on board. Problems with the Dreamliner-E have often led to delays in the delivery aircraft, although Boeing noted that the number of problems at the level of the other models in the start time of their production.

Most of the components of the index DOW dropped in price (18 of 30). More than 1% shares gained only McDonald's (MCD, +1.19%). Maximum loss incurred stock Walt Disney (DIS, -2.20%).

All sectors of the S & P is in the red, with the exception of the health sector (+0.3%). Maximum loss demonstrates sector utilities (-1.0%).

At the close:

Dow 13,384.29 -50.92 -0.38%

Nasdaq 3,098.81 -2.85 -0.09%

S & P 500 1,461.89 -4.58 -0.31%

Change % Change Last

Nikkei 225 10,599.01 -89,10 -0,83%

S&P/ASX 200 4,717.33 -6,45 -0,14%

Shanghai Composite +8,37 2,285.36 +0.37%

FTSE 100 6,064.58-25.26 -0.41%

CAC 403,704.64-25.38 -0.68%

DAX7,732.66-43.71 -0.56%

Dow13,384.29-50.92-0.38%

Nasdaq3,098.81-2.85-0.09%