Ion-Marc Valahu répond à Bloomberg – 13.11.2014

“Investors are back to the buy-the-dip mentality,” Ion- Marc Valahu, a co-founder and fund manager at Clairinvest in Geneva, wrote in an e-mail. “The rebound has been rock solid and nobody wants to miss the Christmas rally going into year- end.”

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U.S. Index Futures Gain as DreamWorks Soars on Hasbro Bid Talks
2014-11-13 11:10:17.873 GMT

By Jonathan Morgan
Nov. 13 (Bloomberg) — U.S. stock-index futures advanced, indicating the Standard & Poor’s 500 Index will advance after slipping from a record.
DreamWorks Animation SKG Inc. soared 27 percent in early New York trading after people briefed on the matter said Hasbro Inc. is in talks to acquire the film studio. Cisco Systems Inc.
dropped 1.1 percent after profit and revenue forecasts fell short of estimates. NetApp Inc. fell 3.1 percent after forecasting earnings below analyst projections.
Futures on the S&P 500 expiring in December added 0.3 percent to 2,042.4 at 6:05 a.m. in New York. The equity index retreated 0.1 percent yesterday, after gaining for five straight sessions. Dow Jones Industrial Average contracts rose 46 points, or 0.3 percent, to 17,623 today.
“Investors are back to the buy-the-dip mentality,” Ion- Marc Valahu, a co-founder and fund manager at Clairinvest in Geneva, wrote in an e-mail. “The rebound has been rock solid and nobody wants to miss the Christmas rally going into year- end.”
The benchmark has advanced 9.4 percent from a six-month low in October amid better-than-expected earnings and economic data that boosted confidence the U.S. economy is weathering a global slowdown.
Wal-Mart Stores Inc. and Kohl’s Corp. are among the seven S&P 500 companies reporting earnings today. Of those members that have already reported, 80 percent have beaten earnings projections while 60 percent have beaten sales estimates, according to data compiled by Bloomberg.

DreamWorks Surges

DreamWorks Animation surged 27 percent to $28.45.
DreamWorks, led by Jeffrey Katzenberg, is asking for more than
$30 a share from Hasbro, said one of the people. The discussions are preliminary the people said.
Cisco Systems dropped 1.1 percent to $24.83. Sales will climb no more than 7 percent in the quarter ending in January, short of analysts’ projections for 8 percent growth. Profit, excluding some items, won’t reach more than 52 cents a share, compared with the 53 cent estimate from analysts.
NetApp fell 3.1 percent to $41. The data storage company forecast adjusted earnings per share to reach a maximum of 79 cents in the third quarter, missing analysts’ estimate of 80 cents.

For Related News and Information:
Developed Markets View: DMMV
World Stock Indexes: WEI
S&P 500 Market Map: SPX IMAP Top Stories on Stocks: TOP STK Equity Screening: EQS
Graphing: GRAPH
Feature Stories on Stocks: TNI STK GREET

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Trista Kelley, Alan Soughley