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LIVE MARKETS-On the radar: Intu and Fevertree under pressure

Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Julien Ponthus. Reach him on Messenger to share your thoughts on market moves: julien.ponthus.thomsonreuters.com@reuters.net

ON THE RADAR: BIG FALLS SHARP MOVES SEEN FOR INTU AND FEVERTREE (0754 GMT)

Yes, we still need to wait a bit for the Q4 season to get into full speed but that doesn't mean there's nothing going on in the corporate world.

Intu Properties for instance is under the spotlight and could fall heavily after it said it is targeting an equity raise in its bid to strengthen its balance sheet.

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Another sharp move expected at the open could come for premium tonic water maker Fevertree Drinks – once an investors’ darling – which was hurt by subdued Christmas trading in Britain.

Talking about raising equity France’s Iliad launched a 1.4 billion euros capital increase to finance a share buyback and French hotels group Accor also said it was launching its 300 million euros buyback programme.

In the world of M&A, Anglo American announced a deal to buy Sirius Minerals for 404.9 million pounds while China’s Guoxuan confirmed it was in talks with Volkswagen but said there was any binding deal yet.

Also, Czech businessman Daniel Kretinsky and his junior partner Patrik Tkac said on Monday that they had raised their stake in debt-laden retailer Casino.

(Julien Ponthus)

*****

MORNING CALL: A TICK OR TWO HIGHER (0632 GMT)

European shares ended on a new record high on Friday but much of that momentum seems to be fading out somewhat with Asian shares making their camp on high ground rather than climbing higher.

Not much in store today regarding the Q4 earnings season or macro indicators.

Financial spreadbetters expect London's FTSE to open 12 points higher, Frankfurt's DAX up 13 points to 13,539 and Paris' CAC to rise 12 points to 6,112.

The last two indexes are in range to reach important milestones if the market switches gear and accelerates.

6,168.15 points was the CAC 40's highest level prior of the financial crisis on June 1 2007 and the Dax will reach its highest point ever if it goes beyond 13569.89 points.

(Julien Ponthus)

*****

(Reporting by Danilo Masoni, Joice Alves, Julien Ponthus and Thyagaraju Adinarayan)