Day Ahead

Friday, June 21, 2013, Marketing Communication Opening Call The FTSE is seen starting the day around unchanged today UK Corporate Announcements FlyBe announces that it had £54m total cash end March and had a full year basic loss of 55.6p and that its UK head count is being reduced by over 20% Bumi states that it remains committed to delivery of separation and tat talks were ongoing and aims to resume trading as soon as possible after June 26 UK News The FTSE slipped by the largest amount for just under two years yesterday as traders were fearful on the markets direction without the Fed support Dwell the high street furniture chain ceased trading yesterday, with 300 jobs at risk, the latest casualty of the UK high street The UK sells £2bn in Bills at 11:10 UK Analyst Changes Afren Cut To Hold Vs Buy At Jefferies Amlin Cut To Neutral Vs Buy At Citi Ashtead Group PT Raised to 758p vs 649p at Barclays Diageo PT Cut to 2,040p vs 2,120p at Raymond James Eurotunnel Cut To Underperform Vs Outperform At Rbc Go-Ahead Cut To Sector Perform Vs Outperform At Rbc Itv Pt Raised To 175P Vs 150P At Citi, Stays Buy Man Group Exits Ubs Least Preferred Diversified Financials Marks & Spencer Pt Raised To 425P Vs 370P At Credit Suisse Taylor Wimpey Raised To Neutral Vs Sell At Citi Vodafone Added To Citi Focus List Europe; Bskyb Removed Vodafone Pt Cut To 210P Vs 225P At Morgan Stanley UK Insider Buying Billington Holdings Plc, (BILN), 1 insider(s) bought 2000 shares, £0.59 Centrica Plc, (CNA), 1 insider(s) bought 42575 shares, £3.72 F&C Asset Management Pl, (FCAM), 1 insider(s) bought 19000 shares, £0.96 Imagination Tech Group, (IMG), 1 insider(s) bought 20677 shares, £2.88 Mcbride Plc, (MCB), 2 insider(s) bought 30000 shares, £1.13 Somero Enterprises Inc-, (SOM), 1 insider(s) bought 700 shares, £0.7 UK Insider Selling Centrica Plc, (CNA),  insider(s) sold 634627 shares, £3.72 Lloyds Banking Group P, (LLOY),  insider(s) sold 81053 shares, £0.63 S & U Plc, (SUS),  insider(s) sold 10202 shares, £11.99 FTSE 100 Movers Major European Companies Reporting Carnival PLC, S1, 0 European Market Summary EU Finance Ministers meet in Luxembourg today, where reports suggest that they have welcomed Latvia’s bid to adopt the euro, while Merkel is due to meet Putin today in St Petersburg The FT writes on how Germany blocked Turkey’s attempts to join the EU AT&T is reportedly evaluating a deal with Telefonica as it looks at a deal in Europe The ESM has reportedly been authorised to directly recapitalise Eurozone banks but only after governments maker their own investments first Global Market Footprint Major US Stock Movers After Hours Oracle came off a hefty 9% after hours as it announced results that missed expectations, while it also detailed plans to double its dividend, buy back $12bn of its shares, and details it applies to have its shares listed on NYSE S&P 500 Companies Reporting CarMax Inc, Q1, 0.577,  Darden Restaurants Inc, Q4, 1.04,  Carnival Corp, Q2, 0.064 US Market News Google has been threatened by a fine from EU authorities if it does not amend how it collects users data within three months S&P details that News Corp will replace Apollo Group in the S&P 500, following the spinoff from the renamed 21st Century Fox which remains in the S&P500 and S&P 100, to take effect after the close June 28 Bill Gross has labelled the current situation as ‘Humpty Dumpty Markets’ concerned that the Fed will not be able to put things back together again Clearwire recommends that holders accept the revised Sprint Nextel offer Overnight Market News One million protestors are estimated to have been on the streets across Brazil yesterday as the rally covers a broad range of concerns, from high taxes, poor public services and perceived corruption Smog in Singapore has reached its worst level, with tensions mounting over the forest fires on the Indonesian island of Sumatra and arguments of who is responsible Top FX The Norwegian krone fell by the most in some four years as its central bank chief states that the key rate will be at the current rate, or somewhat lower, in the year ahead Top Commodity Traders wait for bargain hunting buying in gold to emerge following the recent breakdown in prices, similar to the move seen in April, as prices dropped to their lowest levels since Autumn 2010 Economic Data Due 09:30 UK May PSNCR, -10.8bn previous Economic Events EU 27 Finance Ministers Meet in Luxembourg S&P Index Quarterly Review Becomes Effective UK PSNCR CFD Sales/Traders 0044 (0) 207 894 8883 cfdsales@cantor.com Equity Spread Bet Sales 0044 (0) 207 894 8800 sales@cantorcapital.com Footnotes FTSE 100 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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