Day Ahead

Monday, April 15, 2013, Marketing Communication Cantor Opening Call The FTSE is seen changing around unchanged on the open today UK Corporate Announcements Polyus Gold announces that its chairman will resign after the 2013 AGM Fidessa states that performance in 2013 is seen similar to last year and that it has a good development pipeline Ladbrokes warns today that it now sees its full year operating profit at the bottom end of the market range as Q1 trading has been softer than expected Rangers FC has responded to press comments and states that Green, Ahmad deny any wrongdoing after allegations made by Craig Whyte UK Market News Ernst & Young suggests that the UK economy will grow 0.6% in 2013, down from its January forecast of 0.9% Rightmove has UK asking prices up a fourth month in a row, as the market remains buoyed by a shortage of supply The Sunday Times details that United Utilities has hired Goldman Sachs to join its team of advisors CVC has confirmed today that it has had preliminary discussion with Betfair The Telegraph details how talks between BT and BSkyB have again stalled leaving the likelihood that football fans will need to pay up for both services to view all games The BCC suggest that almost one in five UK companies favour leaving the EU The Royal Mail looks set for an IPO this autumn, with a valuation of around £2.5bn Pearson is reportedly looking to sell its BDFM stake to Times Media UK Analyst Changes Aveva Raised To Neutral Vs Sell At Ubs, (MUL), 1 insider(s) bought 10000 shares, £9.57 Anglo American Raised To Neutral Vs Underweight At Jpmorgan, (INTQ), 1 insider(s) bought 20000 shares, £2.99 Petropavlovsk, Nordgold, Polymetal Cut To Sell At Citi, (BOY), 2 insider(s) sold 95377 shares, £5.21 Ocado Cut To Underweight Vs Equalweight At Barclays, (RAT),  insider(s) sold 6746 shares, £14.89 UK Insider Buying Mulberry Group Plc, (MUL), 1 insider(s) bought 10000 shares, £9.57 Internetq Plc, (INTQ), 1 insider(s) bought 20000 shares, £2.99 UK Insider Selling Bodycote Plc, (BOY), 2 insider(s) sold 95377 shares, £5.21 Rathbone Brothers Plc, (RAT),  insider(s) sold 6746 shares, £14.89 FTSE 100 Movers Major European Companies Reporting Kuehne + Nagel International AG, Q1, 1.155 European Market Summary The Telegraph writes on how Merkel seems to be shifting more favourably to the idea of a wealth tax to help fund the euro bailouts Fracking stays a contentious method of finding new sources of oil, as Spain has now made it unlawful in one of its regions, amidst concerns of pollution to the water table The Netherlands sell bills at 10:00 and France sells bills at 14:50 Major US Stock Movers After Hours There were no major movers after hours S&P 500 Companies Reporting Charles Schwab Corp/The, Q1, 0.158,  Citigroup Inc, Q1, 1.168 US Market News CIBC announces it is to buy Atlantic Trust from Invesco for $210m, and Invesco details it is to use the proceeds to buy back shares General Dynamics details that it is to cuts its jobs in the UK by 10% Comscore details that Google led US web search in March with 63% of search Overnight Market News Chinese GDP data out overnight came in at 7.7%, under the forecasts as its recovery seems to falter Adam Scott has become the first Australian to win the Masters, after making a 20ft+ put on the 18th to take it to a sudden death playoff, and then sinking a 12 foot put to birdie the 10th hole Top FX News Japan has received pressure from the US not to drive down the yen, and is expected to come under additional pressure at the G20 finance chief meeting this week Top Commodity News Goldman has turned increasingly bearish on gold stating that the cycle was quickening and that investors should now sell gold, Gold has dropped a further 3.9% and now is down to $14,25 the lowest level since April 2011 JP Morgan estimates that as much as 120k metric tons of copper production could be cut after the landslide at the Utah, Bingham Canyon Mine Economic Data Due 00:01 UK Rightmove UK April House Prices, 1.7% previous 13:30 US April Empire Manufacturing, 6.65 exp. 9.24 previous Economic Events EU's Barroso Speaks in New York UK Rightmove House Prices CFD Sales/Traders 0044 (0) 207 894 8883 cfdsales@cantor.com Equity Spread Bet Sales 0044 (0) 207 894 8800 sales@cantorcapital.com Footnotes Cantor Call, as at 6:45am Analyst Changes, as at 6:30am Times given are UK Local Time, (GMT or GMT +1 during BST) Insider Deals data compiled from Director/PDMR Shareholding forms published in the past 24 hours (ex weekends). 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