*HSBC cuts price target to 14 euros from 15 euros; rating underweight. For a summary of rating actions and price target changes on European companies:. Reuters Station users, click. 1580.
*Qiagen: Barclays cuts to equal weight from overweight- Theflyonthewall.com. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
*Jefferies raises price target to 14.50 euros from 14 euros; rating hold. For a summary of rating actions and price target changes on European companies:. Reuters Station users, click. 1580.
rose 0.17 percent and the Nasdaq Composite Index gained 0.58 percent. **APPLE INC, $442,5, up 3 pct. **TRANSITION THERAPEUTICS INC, $3.27, up 45 pct.
Wall Street opened flat on Tuesday as investors awaited economic data and central bank meetings this week, looking for catalysts to push the benchmark S&P 500 index through 1,600. The Dow Jones industrial average dropped 0.11 percent. **APPLE INC, $434, up 1 pct.
Staff reviewers for the U.S. Food and Drug Administration are expected to ask a panel of medical experts on May 2 if another clinical trial is required before it approves an experimental kidney cancer drug made by Aveo Oncology and Astellas Pharma Inc. **MGIC INVESTMENT CORP, Monday close $5.48, down 13 pct premarket.
*S&P Capital IQ cuts price target to 18.5 euros from 19 euros; rating buy. For a summary of rating actions and price target changes on European companies:. Reuters Station users, click. 1580.
DEUTSCHE BANK Indicated 2.3 percent higher. Separately, the chairman of Monte dei Paschi di Siena said on Monday a lawsuit by the Italian bank against Nomura and Deutsche Bank over loss-making derivatives deals is well founded. Related news DEUTSCHE BOERSE Indicated 0.4 percent higher.
**U.S. retailer Best Buy Co Inc retreated from its ill-fated European expansion on Tuesday by selling its stake in a joint venture to Carphone Warehouse Group for less than half what it paid five years ago.
DEUTSCHE BANK Indicated 2.3 percent higher. Separately, the chairman of Monte dei Paschi di Siena said on Monday a lawsuit by the Italian bank against Nomura and Deutsche Bank over loss-making derivatives deals is well founded. Related news DEUTSCHE BOERSE Indicated 0.4 percent higher.
COMPANIES REPORTING: Q1 2013 Express Scripts Holding Co Q1 2013 The Hartford Q2 2013 Jacobs Q1 2013 Loews Corp. Q1 2013 Masco Q1 2013 Newmont Mining Corp. Q1 2013 Plum Creek Timber Q1 2013 Roper Industries, Inc. MAJOR MACROECONOMIC DATA/EVENTS: 0900 IT Business Confidence Apr 0900 EZ Business Climate Apr 0900 EZ Economic Sentiment Apr 0900 EZ Industrial Sentiment Apr 0900 EZ Services Sentiment Apr 0900 EZ Consumer Sentiment Apr 1200 DE HICP prelim Apr 1200 DE CPI prelim Apr 1230 US Personal Income Mar 1230 US Personal Cons Mar 1230 US Core PCE Price Mar 1400 US Pending Home sales Mar 2301 GB GfK Consumer Co Apr Reuters Messaging: blaise.robinson.thomsonreuters.com@reuters.net.
*S&P Capital IQ raises price target to 19 euros from 17.20 euros; rating buy. For a summary of rating actions and price target changes on European companies:. Reuters Station users, click. 1580.
LONDON, Jan 29- Mergers and acquisitions in Europe are on the rise as investors regain confidence and that should provide a further fillip to equities, particularly in small and mid-sized firms. In December, the combined value of European deals worth less than $500 million hit $21.1 billion, the highest since June 2011, Thomson Reuters data showed.