Day Ahead

Thursday, December 20, 2012, Marketing Communication Cantor Opening Call The FTSE is seen starting the day down around 15 points lower UK Corporate Announcements 888 announces that it stays confident on meet its expectations for the full year UK Market News Ofcom today announces that bidders for 4G, Everything Everywhere Limited (UK), HKT (UK) Company Limited (a subsidiary of PCCW Limited), Hutchison 3G UK Limited, MLL Telecom Ltd, Niche Spectrum Ventures Limited (a subsidiary of BT Group plc), Telefónica UK Limited, Vodafone Limited Weir Group announces that it is to buy Mathena for as much as $385m The Times suggests that Fannie Mae and Freddie Mac may have lost as much as $3bn through the manipulations in Libor BAE Systems stated yesterday afternoon that the definitive pricing for a Typhoon contract with Saudi Arabia remains unresolved FTSE 100 Movers UK Analyst Upgrades GKN Raised To Buy Vs Neutral At Citi UK Analyst Cuts None Detailed UK Insider Buying Hargreaves Lansdown P, (HL/), 1 insider(s) bought 5695 shares, £6.99 Legal & General Group P, (LGEN), 1 insider(s) bought 7780 shares, £1.45 UK Insider Selling Smith & Nephew Plc, (SN/), 1 insider(s) sold 93939 shares, £6.7 Xstrata Plc, (XTA),  insider(s) sold 7000 shares, £10.5 Major European Companies Reporting Immofinanz, Q2, 0.050 European Market Summary Sanofi announces it is to pay $109m to settle its false claims case where its US representatives gave doctors free doses of medicine in order to secure business Major US Stock Movers After Hours Sources suggest that Intercontinental Exchange is in talks to acquire the owner of the NYSE, NYSE Euronext gained 8% after hours on the story SandRidge gained 7.7% after hours as it details it is selling its Persian Basin oil assets for $2.6bn Jabil Circuit gained 6% as it announces Q1 results ahead of the forecasts Amicus Therapeutics was the major faller down over 50% in late trading after it announces that its experimental Fabry disease drug did not show statistical benefits in a study Allscripts came off 7% as it fires its CEO and states that it was ending its efforts to find a new buyer S&P 500 Companies Reporting CareFusion Corp, Q1, 0.429,  CarMax Inc, Q3, 0.386,  Carnival Corp, Q4, 0.111,  Cintas Corp, Q2, 0.625,  ConAgra Foods Inc, Q2, 0.547,  Darden Restaurants Inc, Q2, 0.292,  Discover Financial Services, Q4, 1.115,  Lennar Corp, Q4, 0.437,  Micron Technology Inc, Q1, -0.192,  NIKE Inc, Q2, 1.001,  Red Hat Inc, Q3, 0.289 US Market News AMR is reportedly taking steps to move closer to a merger with US Airways US press suggests that Obama officials have told ‘leaders of business’ that talks with House Speaker Boehner have deteriorated in the past 24 hours US press details how stocks of semi-automatic guns at Wal-Mart have sold out as Americans buy them in huge quantities, after the recent talk of possible additional gun control laws following the killings in Newtown Mark Zuckerberg files that he is donating half a billion dollars to various charities Arris announces that it is to acquire Motorola Home business for $2.35bn from Google Overnight Market News Asian markets have had a slightly softer session as the Fiscal Cliff talks hit a hurdle The Bank of Japan as expected has extended its asset purchase program, the third time in four months Hong Kong’s monetary authority states that the property market was increasingly disconnected from the rest of the economy and is creating ‘macro financial risks’ Australia’s Treasurer states that tax receipts in the first few months are well below its forecasts Economic Data Due 09:30 UK November Retail Sales ex fuel, 0.3% exp. -0.7% previous 13:30 US Q3 GDP 2.8% exp. 2.7% previous 13:30 US Weekly Initial Jobless Claims, 355k exp. 343k previous 15:00 Eurozone Consumer Confidence, -26.5 exp. -26.9 previous 15:00 Eurozone November Leading Indicators, -0.2% exp. 0.2% previous Economic Events ECB Governing Council Meets Eurozone Consumer Confidence Contact Us For Spread Bet Sales:- 0044 (0) 207 894 8800 For CFD Sales/Traders:- 0044 (0) 207 894 8883 Email:- sales@cantorcapital.com Footnotes All times given are BST Cantor Call, as at 7:15am S&P Companies Reporting: (BMO) - Before Market Open (AMC) - After Market Close Analyst Changes, as at 6:45am Insider Deals data compiled from Director/PDMR Shareholding forms published in the past 24 hours (ex weekends). 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