RANsquawk - Today's Trading Edge

TIME: 2045GMT/1545EST
NEWS: Google (GOOG) plans to become a wireless carrier and sell plans direct to customers through Sprint (S) and T-Mobile (TMUS), according to a tech blog
REACTION: In an immediate reaction, Sprint (S) shares surged by 4.3% from USD 4.20 to USD 4.38 while T-Mobile (TMUS) shares saw some immediate volatility then moved higher and gained 1.87% from 29.81 to USD 30.37

TIME: 1806GMT/1306EST
NEWS: Nationstar (NSM) says in a statement that is has closed on the purchase of USD 8.5bln unpaid principle balance from a top four financial institution
REACTION: In an immediate reaction, NSM shares immediately rose 4.8% from USD 26.44 to USD 27.71

TIME: 1719GMT/1219EST
NEWS: Wedbush raises Bluebird Bio (BLUE) PT to USD 146.00
REACTION: In a 2-minute reaction, BLUE shares moved higher by 2.6% from USD 95.41 to USD 97.89

TIME: 1638GMT/1138EST
NEWS: Altisource Portfolio Solutions (ASPS) owner Leon G. Cooperman has bought 224,107 shares in the Co., according to a filing
REACTION: In a 3-minute reaction, ASPS shares moved higher by 3.9% from USD 22.15 to USD 23.01

TIME: 1617GMT/1117EST
NEWS: Scott Wapner of CNBC says sources tell him that Carl Icahn has no stake at all in Amazon (AMZN)
REACTION: In a 6-minute reaction, AMZN shares fell 3.4% from USD 306.02 to USD 295.60

TIME: 1544GMT/1044EST
NEWS: RANsquawk sources note talk that Carl Icahn has taken a stake in Amazon (AMZN) - Unconfirmed
REACTION: In a 13-minute reaction, AMZN shares rose 4.7% from USD 290.76 to USD 304.20

TIME: 1537GMT/1037EST
NEWS: RANsquawk sources note of talk in Chinese press that LG could acquire Blackberry (BBRY) - Unconfirmed
REACTION: In a 30-minute reaction, BBRY shares rose 3.2% from USD 10.06 to USD 10.38

TIME: 1530GMT/1030EST
NEWS: Bank of Canada lowers key interest rate to 0.75% from 1.00% in a surprise move against analyst expectations; adding that a fall in oil prices increases deflationary pressure and heightens financial risks, while the bank also lowered its 2015 GDP outlook
REACTION: USD/CAD immediately spiked 195 pips higher from 1.2067 to 1.2262 before rising a total of 325 pips higher for the day

TIME: 1513GMT/1013EST
NEWS: SuperCom (SPCB) forecasts EPS of over USD 1.20 in 2015 vs. Exp. USD 1.14
REACTION: In an immediate reaction, SPCB shares rose 1.9% from USD 8.18 to USD 8.32 before moving a total of 13.6% over 2 minutes, to USD 9.29

TIME: 1435GMT/0935EST
NEWS: ECB sources say that ECB will put forward EUR 50bln of QE a month until next year at tomorrow's ECB meeting. However RANsquawk analysts were quick to point out that although this adds an indication to the size of a QE program, there are still a number of unknown technicalities and the size of the programme if true, would be towards the lower end of the spectrum
REACTION: In a 2-minute reaction to the initial news, EUR/USD fell 61 pips from 1.1626 to 1.1565, Bund future rose 14 ticks from 157.12 to 157.26 and the DAX futures rose 107 points from 10,167 to 10,275 in a 3-minute reaction. However, these moves were subsequently pared with EUR/USD printing a session high at 1.1680 following the analysis provided by RANsquawk analysts who pointed out that there are still a number of unknown technicalities

TIME: 1227GMT/0727EST
NEWS: Turkish President Erdogan says to view yesterday's Turkish Central Bank rate cut as sufficient is impossible
REACTION: In a reaction over 2 minutes, USD/TRY rose 54 pips from 2.3413 to 2.3461

TIME: 1129GMT/0629EST
NEWS: Irish government has been asked to block IAG (IAG LN) and Aer Lingus (AERL ID) deal by the Irish opposition party
REACTION: In an immediate reaction, AERL ID shares fell 1.1% from EUR 2.35 to EUR 2.33

TIME: 1004GMT/0504EST
NEWS: Deutsche Telekom (DTE GY) is said to be thinking about a partnership with UK listed BT Group (BT/A LN), according to German press
REACTION: In an immediate reaction BT/A LN shares rose 0.7% from GBP 4.17 to GBP 4.20, before moving to GBP4.23 over the following 5 minutes to give a total reaction of 1.5%

21 Jan 2015 - 20:58- EquitiesEconomic Commentary- Source: RANsquawk