US MARKETS:

-S&P 500 futures down 0.7% to 2,654.00
-Brent futures down 1.5% to $61.81/bbl
-Gold spot up 0.3% to $1,284.41
-U.S. Dollar Index little changed at 96.35


GLOBAL NEWS:

UBS warns investors. UBS Group said that the worst may not be over after clients pulled $13 billion in assets during a market selloff at the end of 2018. The swiss bank pointed out that Increased volatility, rising protectionism and geopolitical tensions are still weighing on investors, which will hit wealth and asset management revenue in the first quarter.

Law and Practice. Competition Commissioner Margrethe Vestager promises a nuanced analysis of the marriage between Alstom and Siemens Mobility. The announcement was made the day before, but it is still being discussed. Antitrust must be decided by February 18.

Ghosn again rejected. The Japanese justice system rejected a new request for release filed by Carlos Ghosn, despite his commitment to remain on Japanese territory. At the same time, Nissan's CEO believes that the two automakers are not ready to discuss their capital ties.

Logitech shines. Switzerland surpasses expectations over the past quarter and raises its targets. Logitech now targets adjusted operating income in the range of $340 to $345 million, compared to $325 to $335 million previously. Sales are expected to increase by 9 to 11% at constant exchange rates, in line with the initial objectives.

TomTom is getting lighter. The group sold its Telematics business to Bridgestone for €910 million. 750 million euros will be returned to TomTom shareholders through dividends and share buybacks.

No, it's possible. The chairman of the board of directors of Ubi Banca refuses to rescue Banca Carige or Banca Monte dei Paschi. He even stated that the Italian authorities had not contacted him on this subject, although rumors to that effect had circulated last week.

CPP repurchased? Apollo is looking at purchasing Europe's leading plastic packaging company, RPC Group, worth $3.8 billion, according to the Wall Street Journal. The company had been on sale for a few months. Bain Capital, which was one of the contenders, had thrown in the towel.

Tesla pushes Lishen away. The American manufacturer was approached by the Chinese for the supply of batteries, but nothing was signed between the two groups. Tesla denies the information obtained by Reuters regarding a preliminary agreement.

In other news. Takeda considers selling $3 billion in assets in emerging countries (Bloomberg). Hitachi will recover the balance of Ansaldo STS shares. Major share buyback at Ahold Delhaize.