Day Ahead

Monday, October 14, 2013, Marketing Communication Opening Call The FTSE is called down around 15-20 points this morning UK Corporate Announcements Michael Page announces a Q3 gross profit of £127m and names Kelvin Stagg as its acting CFO and states it has made good progress on its key strategic objectives Yougov announces a full year adjusted operating profit of £6m and a gross profit of £47m UK News The Sunday Times suggests that Canadian based Dominion Bank may be lining up a move for RBS’ American retail banking business, seen worth around £8bn The Sunday Times also highlights how Serco has been given six weeks to improve its services or  risk losing three large government contracts BT has responded to talk and stated that it is to take part in in the next round of bidding for premier league broadcasting rights as its football broadcasts are ‘a long term project’ The Independent writes that Tavelex is considering a £1bn London IPO, and Grafton is seen dropping its Irish listing to focus on London Osborne is expected to detail today an extension to the visa priority scheme to allow wealthy Chinese citizens to receive visa documents within 24 hours UK Analyst Changes Ab Foods Added To The Ubs’S European Key Call List Gulf Keystone Raised To Buy Vs Neutral At Goldman Lloyds Removed From Bofa’S Europe 1 List Rbs Cut To Underperform At Bofaml Rockhopper Added To Conviction Buy List At Goldman Shire, S&N Added To Ubs’S Most Preferred List Soco Cut To Neutral Vs Buy At Bofaml UK Insider Buying Brown (N) Group Plc, (BWNG), 2 insider(s) bought 11425 shares, £4.67 Diageo Plc, (DGE), 1 insider(s) bought 434 shares, £19.13 Inland Homes Plc, (INL), 2 insider(s) bought 110000 shares, £0.4 UK Insider Selling Bunzl Plc, (BNZL), 1 insider(s) sold 5373 shares, £13.17 Volga Gas Plc, (VGAS), 1 insider(s) sold 50000 shares, £0.87 FTSE 100 Movers Major European Companies Reporting Getinge European Market Summary EDP is in the news on reports that it nears a $22bn deal to build a UK Nuclear power plant ECB member Coeure states that the ECB checks on European bank balance sheets would cast ‘three pairs of eyes’ over their books to ensure credibility The Irish PM states that Ireland remains on track to exit the bailout in December The CFO of Allianz states that it may increase its investments in real estate and private equity to €80bn from €55bn The German regulator BaFin states that it sees no reasons, so far, to launch investigations into alleged market manipulations in the FX markets, but did not rule out doing so in the future Germany sells €3bn in Bills at 10:30, France at 14:50 Global Market Footprint Major US Stock Movers After Hours There were no major movers after hours S&P 500 Companies Reporting Coca-Cola, Citigroup, CSX, Intel, Johnson & Johnson, Yahoo US Market News The talks between Senate leaders on Sunday remained ‘at loggerheads’, Christine Lagarde has warned that the matter does risk ‘massive disruption the world over’ stating that a US default could act as the catalyst for a global recession, although so far the matter is largely contained to US politics and has not yet affected the global appetite for US Treasuries Netflix is reportedly in talks with two set top box providers to have its services run as an app on the users television screens Barron’s highlights analysts that see potential upside in Coeur mining, Exxon Mobil, Kulicke & Soffa and Potbelly Today's Bloomberg Social Velocity Alerts, (BSV) Bristol-Myers Squibb Co (BMY) ALLETE Inc (ALE) Overnight Market News The Chinese benchmark index gained overnight buoyed by gains in two of its leading railways companies, CSR and China CNR which gained 10% on reports they may assist with Thailand’s high speed rail network Economic Data Due 09:30 UK September Industrial Output, 0.1% exp. 0.1% previous 13:30 US October Empire Manufacturing, 7.0 exp. 6.29 previous Economic Events ECB President Draghi Speaks in Milan US Empire Manufacturing 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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