European Factors to Watch-Shares seen rising at open

miércoles 30 de septiembre de 2015 01:35 GYT
 

(Adds company news items)
    LONDON, Sept 30 (Reuters) - European stocks were seen opening higher on
Wednesday, tracking a recovery on Asian and U.S. equity markets and marking a
modest rebound after falling in the previous two sessions.     
    Financial spreadbetters expected Britain's FTSE 100 to open up by
54-68 points, or 0.9-1.2 percent higher. Germany's DAX was seen opening
up by 97-115 points, or 1.0-1.2 percent higher, while France's CAC 40 
was seen opening up by 41-53 points, or 0.9-1.2 percent higher.
    The pan-European FTSEurofirst 300 index closed down 0.6 percent on
Tuesday, leaving the index lingering near its lowest levels so far in 2015.
 
------------------------------------------------------------------------------  
 MARKET SNAPSHOT AT 0534 GMT                                
                                           LAST    PCT CHG  NET CHG
 S&P 500                               1,884.09     0.12 %     2.32
 NIKKEI                               17,419.05     2.88 %   488.21
                                                                   
 EUR/USD                                 1.1244    -0.01 %  -0.0001
 USD/JPY                                 119.91     0.17 %   0.2000
 10-YR US TSY                             2.076         --     0.02
 YLD                                                        
 10-YR BUND YLD                           0.581         --    -0.01
 SPOT GOLD                            $1,125.90     -0.1 %   -$1.16
 US CRUDE                                $44.90    -0.73 %    -0.33
 
  > GLOBAL MARKETS-Asian shares rally, but still on track for quarterly losses
 
  > US STOCKS-S&P 500 bounces back after nearing August low 
  > Nikkei rebounds from 8-1/2 month low; Japan Tobacco plunges on merger news
 
  > TREASURIES-U.S. bond prices rise on equities, commodities weakness 
  > Yen off highs as some calm returns to global markets 
  > PRECIOUS-Platinum poised for worst quarter in 7 years on VW scandal 
  > METALS-London copper firms on output cut; trade dwindles ahead of holiday
 
  > Oil falls after U.S. inventories show buildup 
    
    COMPANY NEWS:
    AUTOS:
    China has decided to halve sales tax on small cars from Thursday, boosting
local auto shares, as the government tries to revive growth in the world's
largest car market. 
    
    BRITISH AMERICAN TOBACCO /IMPERIAL TOBACCO :
    Japan Tobacco Inc has agreed to pay 600 billion yen ($5 billion) in
cash for Reynolds American Inc's Natural American Spirit tobacco
business outside the United States, the two companies said in separate
statements on Tuesday.    
    
    DIALOG SEMICONDUCTOR :
    Dialog said it had changed its merger agreement with Atmel so that
it requires only a simple majority vote by shareholders to issue new American
Depositary Shares. 
    
    METRO :
    The retailer is eyeing takeovers and partnerships around the world,
Handelsblatt daily quoted Chief Executive Olaf Koch as saying. He added the
copmany had sufficient financial means for acquisitions following the sale of
Kaufhof. Separately, thousands of employees of Metro's Real hypermarkets are due
to protest on Wednesday against the company's decision to exit collective wage
bargaining agreements.
    
    RIO TINTO  :
    Global miner Rio Tinto on Wednesday said it had agreed to sell its
40 percent stake in the Bengalla coal mine in Australia to New Hope Corp
 for $606 million, the latest shuffle of Australian coal assets amid a
sector-wide downturn. 
    
    SGS :
    SGS said on Wednesday it had bought a 70 percent stake in
Chile-based SIGA Ingenería y Consultoria S.A., boosting the Swiss testing and
inspection firm's presence in Latin America. 
    
    SIEMENS :
    Siemens rival General Electric said it expects its software revenue
to roughly triple to $15 billion by 2020 as it reaps significant gains from its
digital operations. 
    
    VIVENDI :
    Vivendi said it would take a 30 percent stake in Mars Films.
    
    VOLKSWAGEN :
    Volkswagen said on Tuesday it will repair up to 11 million
vehicles and overhaul its namesake brand following the scandal over its rigging
of emissions tests. 
    The executive committee of VW's supervisory board is due to meet on
Wednesday to discuss the appointment of U.S. law firm Jones Day to lead an
external investigation, according to a source close to the board.
    And U.S. lawmakers have asked Volkswagen to turn over documents related to
the emissions scandal, including records concerning the development of a
software program intended to defeat regulatory emissions tests. 

 (Reporting by Sudip Kar-Gupta)