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COPENHAGEN (Reuters) - Danske Bank (DANSKE.CO), which is embroiled in a major money laundering scandal, is now the least preferred of the five large banks in Denmark amongst wealthy private banking customers, a survey from Swedish consultancy firm Prospera showed on Friday. The survey, which is based on 500 interviews with private banking customers, put Nykredit, Sydbank (SYDB.CO), Nordea (NDAFI.HE) and Jyske Bank (JYSK.CO) in front of Danske, which came second place last year and first place in 2016.

SAN FRANCISCO (Reuters) - So-called FANG stocks and other tech shares sank in extended trade on Thursday following disappointing quarterly reports from Amazon.com Inc (AMZN.O) and black carbon fiber d-shape cufflinks Alphabet Inc (GOOGL.O), The weak results from Amazon and Google parent Alphabet were the latest setback for the high-growth quartet of stocks known as FANG, which also includes Facebook Inc (FB.O) and Netflix Inc (NFLX.O), Nasdaq futures NQcv1 fell 0.8 percent and S&P futures EScv1 lost 0.5 percent, suggesting the U.S, stock market may see more selling when it opens on Friday..

Wall Street favorites in recent years, the FANG stocks have been punished in a month of volatility for U.S. equities that has some investors worried a decade-old bull market may be ending. The FANG group, along with heavyweight tech stocks Apple and Microsoft (MSFT.O), have made outsized contributions to the S&P 500’s gains in recent years, and a prolonged downturn for those stocks would be a major setback for the market. After the bell, Amazon tanked 8 percent. The fall came after the online retailer and cloud computing heavyweight reported that its quarterly net sales rose to $56.58 billion from $43.74 billion a year earlier. That missed analyst estimates of $57.1 billion, according to Refinitiv data.

Alphabet missed analysts’ estimates for third-quarter revenue, while rising expenses trimmed its operating margin for the third straight quarter, fanning concerns about regulatory scrutiny, Its stock fell 4.7 percent, Reacting after hours, Netflix dipped 3 percent and Facebook, which reports results on Oct, 30, lost 2.3 percent, During Thursday's official trading session, all four FANG stocks rallied by between 3 percent and 7 percent, regaining some of the territory lost in recent weeks during a broad market sell-off, The black carbon fiber d-shape cufflinks Nasdaq .IXIC jumped 2.95 percent, but remained down 10 percent from its August record high close..

Apple (AAPL.O) fell 1.6 percent after hours, while Twitter (TWTR.N) dipped 2.5 percent. Earlier in the day, Twitter surged 15 percent in its biggest one-day gain in a year after the social media company easily beat Wall Street’s revenue and profit estimates. Snap (SNAP.N) slumped 11 percent in extended trade after the Snapchat owner said its number of daily active users fell to 186 million in the third quarter from 188 million in the June quarter, hurt largely by an app redesign and competition from Facebook’s Instagram.

NEW black carbon fiber d-shape cufflinks YORK (Reuters) - Activist investor Third Point LLC sued Campbell Soup Co (CPB.N) on Thursday, alleging the soup and snack maker’s board misled investors about the competence of its directors and the way it carried out a recently completed strategic review, The lawsuit is the latest move in a bitter proxy contest in which billionaire investor Dan Loeb and his Third Point hedge fund wants to replace Campbell’s 12-member board so it can appoint its own directors and try to revitalize the company’s growth..

“We are vigorously contesting the Third Point lawsuit,” Campbell said on Thursday. In a lawsuit filed in state superior court in Camden, New Jersey, which is Campbell’s hometown, Third Point said Campbell and its board “breached their fiduciary duties to Campbell’s stockholders by withholding material information critical to stockholders assessing how to vote at the company’s annual meeting.”. It asked the court to prevent Campbell from holding its annual meeting on Nov. 29 until the board corrects what Third Point called its misstatements. A hearing is scheduled for Tuesday.

Three heirs of condensed soup inventor John Dorrance, who ran the company a century ago, sit on the board black carbon fiber d-shape cufflinks and are seeking re-election, Together they control 37 percent of Campbell’s stock, Third Point has asked the court to postpone shareholders’ votes on the board until the company corrects what Third Point described as misinformation by the board, The lawsuit said the company failed to disclose critical information about its directors, including Dorrance’s grandchild Bennett Dorrance, It accused the company of not making adequately clear what Dorrance’s business ventures and investments were, among other things..

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