Day Ahead

Tuesday, January 29, 2013, Marketing Communication Cantor Opening Call The FTSE is seen opening up around 5-10 points higher today UK Corporate Announcements National Grid confirms its full year outlook as it sees a continued solid performance British Land details UK occupancy of 97.7% and that 62% of office developments have been pre-let, under offer PZ Cussons announces H1 revenues gained 0.2% to £414m and an adjusted EPS of 7.03p and that overall trading was in line Carpetright maintains its full year guidance as it announces Q3 sales which just beats the expectations Anglo American announces that it takes a $4bn charge from its Minas-Rio project UK Market News Press suggests that RBS is attempting to ‘claw back’ the shares award to Hourican, and reportedly the bank is close to a rate-rigging settlement, thought to be around £400m to US regulators and £100m to the FSA MPC Member David Miles states that he expects the growth in the UK economy to pick up but to remain under its normal cruising speed Cityam suggests that 3I is in talks to sell its 23% stake in Hyperion UK Analyst Upgrades Buy ARM, Positioned for Another Strong Year in 2013, BofA Says Glaxo Raised To Overweight From Equalweight At Barclays Invensys Pt Raised 4% To 350P At Exane; Kept At Neutral Investec Raised To Overweight At Morgan Stanley UK Analyst Cuts Carphone Warehouse Cut From Equalweight At Morgan Stanley Carphone Warehouse Cut To Underweight At Morgan Stanley Debenhams Cut To Equalweight Vs Overweight At Morgan Stanley Greene King Cut To Neutral Vs Buy At Goldman UK Insider Buying None Detailed UK Insider Selling None Detailed FTSE 100 Movers Major European Companies Reporting Investor AB, R, 10.455,  Koninklijke Philips Electronics NV, R, 1.156,  QIAGEN NV, Q4, 0.305,  Sandvik AB, R, 7.643,  Software AG, R, 2.119 European Market Summary Fiat is reportedly planning to launch an Alfa Romeo SUV in 2015 The ECB is seen rejecting an Irish plan to fund the rescue of Anglo Irish Bank for at least 15 years Italy sells €8.5bn in bills at €11:00 Moody’s announces that it keep its negative outlook on the Irish banking system Major US Stock Movers After Hours Yahoo gained 1.5% in late trading as it came in ahead of the forecasts on search demand VM Ware was the major faller off over 14% as it announces results under the forecasts and sees the macroeconomic headwinds continuing S&P 500 Companies Reporting ACE Ltd, Q4, 1.284,  Amazon.com Inc, Q4, 0.263,  Boston Properties Inc, Q4, 1.238,  Boston Scientific Corp, Q4, 0.11,  Broadcom Corp, Q4, 0.735,  Corning Inc, Q4, 0.324,  Danaher Corp, Q4, 0.856,  DR Horton Inc, Q1, 0.141,  Eli Lilly & Co, Q4, 0.788,  EMC Corp/MA, Q4, 0.523,  Ford Motor Co, Q4, 0.256,  Harley-Davidson Inc, Q4, 0.314,  Harris Corp, Q2, 1.194,  Illinois Tool Works Inc, Q4, 0.899,  International Paper Co, Q4, 0.648,  NextEra Energy Inc, Q4, 0.96,  Nucor Corp, Q4, 0.302,  Peabody Energy Corp, Q4, 0.264,  Pentair Ltd, Q4, 0.442,  Pfizer Inc, Q4, 0.442,  Robert Half International Inc, Q4, 0.408,  T Rowe Price Group Inc, Q4, 0.889,  Tyco International Ltd, Q1, 0.394,  United States Steel Corp, Q4, -0.768,  Valero Energy Corp, Q4, 1.19 US Market News Moody’s has cut its rating on six of the larger banks in Canada, over concerns on rising consumer debt and high house prices A Bloomberg survey has estimates that Bernanke’s latest round of bond buying will top $1.14tn before Q1 2014, at a rate of $40bn/month on mortgage bonds and $45bn/month of Treasuries Local press suggests that Legg Mason could pick a CEO tomorrow Overnight Market News India’s central bank has cut its benchmark repo rate to 7.75% from 8% and cuts the reserve ratio to 4% from 4.25% Beijing has urged its residents to stay indoors in order to avoid exposure to serious levels of air pollution Toyota has regained the top spot in the industry, selling 9.75m vehicles in 2012 The Shanghai Stock Index is now up 20% from the December lows, into bull market territory under some market classifications Economic Data Due 15:00 US January Consumer Confidence, 64.0 exp. 65.1 previous Economic Events EU's Barroso Speaks US 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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