NETHERLANDS DAYBOOK: Ajax, Heijmans, Philips, Spyker, Unilever

Royal Philips Electronics NV (PHIA), the world’s biggest lighting company, said first-quarter net income fell to 137 million euros ($197 million), missing the 165 million-euro average of 15 estimates in a Bloomberg survey.

ALL TIMES CET

WHAT TO WATCH: *Wereldhave (WHA NA), Kendrion (KENDR NA) to host AGMs.

EQUITY MOVERS: *Ajax (AJAX NA) CEO to step down. *ArcelorMittal (MT) raised to “buy” from “neutral” at Goldman Sachs. *Heijmans (HEIJM NA) wins order worth about EU55m. *KPN (KPN NA) is one of Citi’s preferred telecom names. *Prologis European Properties (PEPR NA): Goodman, APG expected to lift indicative bid, to EUR6.20 euro from 6 euro a share, Australian Financial Review said, citing unidentified people. *Spyker Cars (SPYKR NA): Swedish government approved with conditions a finance plan for Saab unit. *Telegraaf (TELEG NA): Finland’s Sanoma submitted highest bid for ProSiebenSat.1’s Dutch TV stations, De Standaard said. *Unilever (UNA NA) added to UBS’s least preferred list

BOND SALES/PURCHASES 12:00 p.m.: Netherlands to sell up to EUR3b in 100-day bills 12:00 p.m.: Netherlands to sell up to EUR3b in 254-day bills

MARKETS: *The Amsterdam Exchanges Index (AEX) fell 0.1 percent to 359. *The Stoxx Europe 600 Index (SXXP) added 0.3 percent to 277.78. *The Euro was at $1.4369 at 7:55 a.m. *The Dutch 10-year bond yield was 3.627 percent at 7:55 a.m.

To contact the reporter on this story: Martijn van der Starre in Amsterdam at vanderstarre@bloomberg.net

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.