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Monday, June 17, 2013, Marketing Communication
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Opening Call
- The FTSE is seen starting the week around 10 points higher
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UK Corporate Announcements
- Majestic Wine announces a full year group profit of £23.7m with total sales down 2.1% to £274m and states it remains confident of its plans to expand to 330 outlets
- Legal & General announces that its annuities business is to become a separate unit
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UK News
- Co-Op Bank is reportedly planning to complete its £1.4bn recapitalisation by 2015 and that it would avoid requiring state help
- Madame Tussauds operator Merlin Entertainment is reportedly looking at a possible £3bn IPO
- Outgoing RB chief Hester has suggested that a full government exit of RBS could take a decade
- The Times writes on how Paul Walsh after his success as CEO of Diageo is to head up Compass Group
- Unilever is reportedly looking for a buyer of its Wish-Bone Salad-Dressing unit
- Rightmove suggests that UK homes prices gained 1.2% in June with average asking prices at £252,798 ahead of £250,000 for the first time
- Congratulations to Justin Rose for winning the US Open late last night, his first major, and becoming the first Englishman to win the Open since Tony Jacklin in 1970, and the first English major winner since Nick Faldo won the masters in 1996
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UK Analyst Changes
- Amlin Added To Ubs' Least Preferred List
- Amlin Rated New Neutral At Ubs, Pt 400P
- Catlin Rated New Neutral At Ubs, Pt 475P
- Great Portland Raised To Buy Vs Neutral At Ubs
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UK Insider Buying
- Avation Plc, (AVAP), 1 insider(s) bought 300000 shares, £0.62
- Brooks Macdonald Gro, (BRK), 1 insider(s) bought 3000 shares, £14.26
- Cls Holdings Plc, (CLI), 1 insider(s) bought 8000 shares, £9.66
- Eleco Plc, (ELCO), 1 insider(s) bought 52500 shares, £0.1
- F&C Asset Management, (FCAM), 1 insider(s) bought 12000 shares, £0.95
- Falkland Islands Hldng, (FKL), 4 insider(s) bought 27500 shares, £3.5
- Goldplat Plc, (GDP), 1 insider(s) bought 126700 shares, £0.08
- Lloyds Banking Group, (LLOY), 1 insider(s) bought 81155 shares, £0.61
- Mcbride Plc, (MCB), 1 insider(s) bought 10000 shares, £1.11
- Moss Bros Group Plc, (MOSB), 1 insider(s) bought 20000 shares, £0.57
- Prudential Plc, (PRU), 1 insider(s) bought 5000 shares, £10.44
- Shanta Gold Ltd, (SHG), 1 insider(s) bought 2300000 shares, £0.12
- Sse Plc, (SSE), 1 insider(s) bought 300 shares, £15.13
- Trap Oil Group Plc, (TRAP), 1 insider(s) bought 280000 shares, £0.11
- Xchanging Plc, (XCH), 1 insider(s) bought 39845 shares, £1.34
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UK Insider Selling
- Aveva Group Plc, (AVV), insider(s) sold 19457 shares, £22.26
- Brooks Macdonald Grou, (BRK), 1 insider(s) sold 3000 shares, £14.26
- Hilton Food Group Plc, (HFG), insider(s) sold 106470 shares, £3.55
- Jardine Lloyd Thompson, (JLT), insider(s) sold 67997 shares, £8.97
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FTSE 100 Movers
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Major European Companies Reporting
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European Market Summary
- EADS , Dassault and Finmeccanica have urged the EU to set up a drone programme to rival that created by us and Israeli companies
- local press suggest that Kabel Deutschland will require an additional €1bn from Vodafone, to make it more than an €8bn bid to win control
- Netherlands sells €4bn in Bills at 10:30, and France sells Bills at 14:50
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Global Market Footprint
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Major US Stock Movers After Hours
- S&P confirmed that Zoetis is to replace First Horizon in the S&P 500
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S&P 500 Companies Reporting
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US Market News
- The NY Times suggests that debates on austerity versus stimulus at the G8 in Northern Ireland is likely to take a bake seat compared to expected to talks on Syria
- The Brazilian IPO markets stays strong as Votorantim lists this week, the country’s largest cement producer, with over $10bn raised on the stock exchange in new listings so far in 2013
- Virgin is reportedly considering entering the US car rental market with a possible acquisition of Advantage
- Skilling the imprisoned former CEO of Enron may get out of jail with a term of around four years, if the judge approves a planned deal with prosecutors
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Overnight Market News
- Asian markets gained overnight as the recovery from the recent sharp selloff continues to gain some momentum
- The New York Times details how 7m Chinese students are seen graduating this summer, but that their job prospects are a little more doubtful than recent years
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Top FX
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- The Fed starts its two day meeting tomorrow as global markets continue to stay focused on any additional hints on QE
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Economic Data Due
- 00:01 UK June Rightmove House Prices, 2.1% previous
- 13:30 US June Empire Manufacturing, 0.0 exp. -1.43 previous
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Rightmove House Prices
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CFD Sales/Traders
- 0044 (0) 207 894 8883
- cfdsales@cantor.com
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Equity Spread Bet Sales
- 0044 (0) 207 894 8800
- sales@cantorcapital.com
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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).
- Major European Companies defined as those companies in the STOXX Europe 600 Index
- FTSE 100 Movers, Blue >0.25%, Green <0.25% > -0.25%, Red < -0.25%, Font size dependent on percentage size of move
- This note is compiled using information / charts from financial data providers such as Bloomberg and Reuters, as well as from the general financial / business media
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