Day Ahead

Friday, April 19, 2013, Marketing Communication Cantor Opening Call The FTSE is called to open up around 20 points higher today UK Corporate Announcements Anglo American updates on its output, with copper productions up 1% to 170k tons in Q1 and platinum up 9% to 439k oz William Hill announces Q1 net revenues gained 15% and Q1 operating profit gained 8% and states that online operations contributed 45% of operating profit Spectris states that it had a slower than expected start to the year, and that sales on a constant currency slipped 9% Flybe warns that it sees full year underlying pre-tax profit at the lower end of the guidance UK Market News George Osborne is reportedly set to ‘aggressively defend his policies’ when an IMF team arrives in the UK next month Barclays has suspended 4 members of staff in Portugal amid an internal probe into suspected cartel activity in the domestic banking market Lloyds is reportedly looking at considering the sale of Scottish Widows Funds Persimmon details that 21.7% of those that voted at yesterday’s AGM did not back the remuneration reports The CEO of Shell states that it is interested in Gulf of Mexico assets Mark Carney has stated that the UK is a 'crisis economy' as he continues to look to manage expectations on his future role as Governor of the Bank of England, and Christine Lagarde stated again yesterday that the outlook for UK growth was ‘not good’ The OFT has stated today that Glaxo has abused its dominant position in relation to payments made to generic companies The UK sells £2bn in Bills at 11:10 UK Analyst Changes Burberry Added To Conviction Buy List At Goldman Lafarge Replaces Holcim in UBS Most Preferred Building List Sig Cut To Neutral Vs Buy At Ubs UK Insider Buying Amphion Innovations Pl, (AMP), 1 insider(s) bought 750000 shares, £0.03 Animalcare Group Plc, (ANCR), 1 insider(s) bought 4079 shares, £1.23 Panmure Gordon & Co Pl, (PMR), 1 insider(s) bought 200000 shares, £0.18 Polymetal Internationa, (POLY), 1 insider(s) bought 785 shares, £7.17 Shanta Gold Ltd, (SHG), 1 insider(s) bought 193891 shares, £0.13 UK Insider Selling Csr Plc, (CSR),  insider(s) sold 251888 shares, £4.89 G4S Plc, (GFS), 1 insider(s) sold 400000 shares, £2.96 Goodwin Plc, (GDWN),  insider(s) sold 180000 shares, £20 Kingfisher Plc, (KGF), 2 insider(s) sold 1431215 shares, £2.93 Serco Group Plc, (SRP), 1 insider(s) sold 6146 shares, £6.07 Tullett Prebon Plc, (TLPR), 1 insider(s) sold 69430 shares, £2.52 FTSE 100 Movers Major European Companies Reporting Elisa OYJ, Q1, 0.28,  Investment AB Kinnevik, Q1, 0,  SAP AG, Q1, 0.578,  Schindler Holding AG, Q1, 0,  TeliaSonera AB, Q1, 0.995 European Market Summary Bloomberg details that European Fund Managers are seen having their salaries doubled in the coming years, as the bonus capping comes into effect The Telegraph writes on how a lobbying group has warned the G20 finance ministers that the proposed European transaction tax contravenes G20 agreements and urges them to intervene Sources suggest that the German finance regulator is to step up its own investigations into Deutsche Bank after doubts over the Deutsche internal probe on rate rigging Global Intraday Footprint Major US Stock Movers After Hours Microsoft gained 2% in late trading as it announced a Q3 EPS of $0.72 ahead of the forecasts of $0.68 seen Restoration Hardware was amongst the leading gainers up 8.4% as it announces Q4 results well ahead of the forecasts Air Methods the aeromedical emergency transport services group. fell 17% as it stated that severe weather had affected its performance IBM slipped 3% as its profit misses the expectations on a hardware sales slump and is reportedly in talks to sell its low end server unit to Lenovo, while French press suggests it is to cut a further 1,300 jobs in France S&P 500 Companies Reporting American Electric Power Co Inc, Q1, 0.809,  Baker Hughes Inc, Q1, 0.627,  First Horizon National Corp, Q1, 0.171,  General Electric Co, Q1, 0.347,  Genuine Parts Co, Q1, 0.981,  Honeywell International Inc, Q1, 1.137,  Interpublic Group of Cos Inc/The, Q1, -0.12,  Kimberly-Clark Corp, Q1, 1.337,  Laboratory Corp of America Holdings, Q1, 1.773,  McDonald's Corp, Q1, 1.265,  Rockwell Collins Inc, Q2, 1.174,  Schlumberger Ltd, Q1, 0.993,  State Street Corp, Q1, 0.933,  SunTrust Banks Inc, Q1, 0.612 US Market News Blackstone is reportedly looking at pulling out of bidding for Dell on falling PC sales With its results yesterday Microsoft also announced that its CFO is to leave Google announced its Q1 EPS ahead of the forecasts citing new advertising on mobile and video promotions Brazilian based Votorantim Cimentos is looking to raise around $5.4bn through an IPO, which if realised would be the largest this year Overnight Market News Asian markets largely gained overnight buoyed by stronger Chinese retailers Top FX News The yen has continued its recent falls as the Bank of Japan’s policies went unopposed at the G20 meeting, at least officially Top Commodity News The Guardian writes on how the Carbon bubble was creating a global economic risk Economic Data Due 09:00 Eurozone Current Account, -€4.5bn previous Economic Events Euro-Area Finance Ministers meet in Dublin ECB Euro Area Current Account 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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