Morning Brief: April 18th, 2013

TOP STORIES:

  • Up to 15 dead after fire and blast at Texas fertilizer plant
  • North Korea demands end of sanctions if U.S. wants dialogue
  • Global markets, oil rebound but growth worries linger
  • BOJ Official Sees Inflation Over 1% in Next Fiscal Year
  • Germany Approves Cyprus Aid

EARNINGS:

  • Morgan Stanley reports Q1 EPS of $0.49; Adj. $0.50
  • Morgan Stanley reports Q1 net revenues of $8.2 bln
  • Morgan Stanley reports Q1 net income of $984 mln
  • PepsiCo Q1 net falls 4.6% on charges, revenue up
  • PepsiCo reports 1Q EPS of $0.69
  • PepsiCo reports Q1 revenue of $12.58 Billion
  • PepsiCo reports Q1 net income of $1.075 billion

ANALYST UPGRADES/DOWNGRADES:

  • P – Pandora initiated with a Neutral at Lazard Capital
  • AON – Aon Corp. initiated with an Underperform at BMO Capital
  • AIG – AIG initiated with an Outperform at BMO Capital
  • EBAY – eBay downgraded to Neutral from Outperform at Macquarie
  • UPS – UPS upgraded to Outperform from Sector Perform at RBC Capital
  • FDX – FedEx downgraded to Underperform from Sector Perform at RBC Capital
  • POT – Potash initiated with an Overweight at HSBC

DEALS TODAY:

  • Exclusive: Guggenheim advises on Hulu sale, may also bid – sources
  • Omega joins shareholders talking up Dish bid for Sprint
  • Nigeria’s Oando close to financing Conoco deal: CEO
  • Brazil’s Votorantim Cimentos files for $5.4 billion IPO
  • Russia’s M.Video seeks to buy rival Eldorado: paper
  • Standard Chartered to buy Absa’s South African custody business
  • Exclusive: Roper nears $1 billion healthcare acquisition -sources
  • Australia’s Telstra wins $1.1 billion defense contract
  • MacDon enlists Goldman to run $1 billion auction: sources
  • Brazil clears Pão de Açúcar’s appliance stores deal

Source: Thomson Reuters, MW, TheFlyOnTheWall

The following two tabs change content below.

Wall Street Fool

Wall Street Fool provides unbiased real-time market analysis and commentary for Stocks, Bonds, Futures, Forex, Fixed Income, and Derivatives markets.
Share

About Wall Street Fool

Wall Street Fool provides unbiased real-time market analysis and commentary for Stocks, Bonds, Futures, Forex, Fixed Income, and Derivatives markets.
This entry was posted in News and tagged , , , , , , , , , , , , , , , , , . Bookmark the permalink.