Day Ahead

Tuesday, October 15, 2013, Marketing Communication Opening Call The FTSE is called to open up around 30 points higher today UK Corporate Announcements Rio Tinto details Q3 output largely in line with the expectations, and lifts 2013 copper targets Bellway states that it is to maintain its progressive dividend policy as full year pre-tax profit gained 33.8% and sees strong demand in most areas of the UK Burberry announces H1 retail revenues of £694m up 17% and details Christopher Bailey as its new CEO, as Ahrendts is to join Apple mid 2014 Hargeaves Lansdown states that it has record funds under management of £39.8bn on net revenues of £77.9m from £68.7m and that it saw immense demand for the Royal Mail IPO UK News Chancellor Osborne continues his moves to increase the attractiveness of the UK for Chinese individuals and firms as he is due to announce today special terms to Chinese state owned banks A panel of MPs is investigating the sale of Royal Mail as criticisms mount that the government under valued the IPO Begbies Traynor warns that around 500,000 zombie business exits in the UK, business which under normal interest environments would not be able to survive, but are being kept afloat due to the record low interest rate environment, with the highest concentration in real estate, property services and support services businesses UK Analyst Changes Ashtead Group Raised To Overweight At Neutral At Jpmorgan Csr Raised To Neutral Vs Sell At Ubs Domino Printing Sciences Cut To Neutral Vs Buy At Goldman Grafton Group Cut To Sell Vs Neutral At Goldman Kier Group Cut To Sell Vs Neutral At Goldman Kingspan Group Cut To Neutral Vs Buy At Goldman Man Group Added To Ubs’S Most Preferred List Oxford Instruments Cut From Conviction Buy At Goldman Renishaw Cut To Neutral Vs Buy At Goldman Schroders Added To Ubs’S Least Preferred List Spirent Cut To Equalweight Vs Overweight At Barclays UK Insider Buying 21St Century Technolog, (C21), 2 insider(s) bought 2494817 shares, £0.07 Waterman Group Plc, (WTM), 1 insider(s) bought 15000 shares, £0.61 UK Insider Selling Arrow Global Group Plc, (ARW), 3 insider(s) sold 1851335 shares, £2.05 Xp Power Ltd, (XPP), 1 insider(s) sold 50000 shares, £15 British Polythene Indu, (BPI), 1 insider(s) sold 5470 shares, £6.4 FTSE 100 Movers Major European Companies Reporting Bellway PLC, R, 0.879,  Getinge AB, Q3, 1.84,  Kuehne + Nagel International AG, Q3, 1.38,  SKF AB, Q3, 2.968 European Market Summary German ZEW investor expectations remain unchanged and stay at the highest level for three years Telefonica has reportedly started the sale of its Czech unit, worth $3.6bn Swiss Re is reportedly looking at selling its US life insurance assets Spain sells bills at 10:30 and Greece sells €1.25bn in bills at 11:00 Global Market Footprint Major US Stock Movers After Hours Coldwater Creek fell 32% after hours as it announced that it was exploring options as it also warns on Q3 results Terradata came off 11% as it announced Q3 EPS of 70c under the forecasts of 81c seen, and cuts its full year outlook S&P 500 Companies Reporting Charles Schwab Corp/The, Q3, 0.204,  Citigroup Inc, Q3, 1.041,  Coca-Cola Co/The, Q3, 0.533,  CSX Corp, Q3, 0.425,  Intel Corp, Q3, 0.536,  Johnson & Johnson, Q3, 1.324,  Linear Technology Corp, Q1, 0.45,  Omnicom Group Inc, Q3, 0.812,  Yahoo! Inc, Q3, 0.33 US Market News Senate leaders state that they have made progress towards an accord US based cold weather apparel maker Moncler states that it is to list on the Milan Stock Exchange, the latest in a series of apparel makers to list on the Italian bourse Twitter details that it does plan to mine its daily output to help target mobile advertising Blackberry responds to market concerns by publishing an open letter in nine countries reassuring customers about its financial position Bloomberg details how Bitcoin mining has spawned a micro gold rush in leading computer sales as funds are being created to professionally work through the numbers required to unlock new Bitcoins Today's Bloomberg Social Velocity Alerts, (BSV) Social Velocity Alert for Rio Tinto PLC (RIO) Overnight Market News Taiwan’s premier has survived a vote of no-confidence, called after calls he broke the constitution over attempts to oust the leader of parliament Economic Data Due 09:30 UK September PPI Output, 0.1% exp. 0.1% previous 13:30 US 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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