Day Ahead - November 19th

Tuesday, November 19, 2013, Marketing Communication Opening Call The FTSE is seen opening down 20 points today UK Corporate Announcements ITV details broadcast and online revenues gained 3% with total external revenues up 6% to £1.664bn Halma announces an adjusted EPS of 12.99p  and a pre-tax profit of £55.9m from £61.1m on revenues of £333m from £298m AMEC states that year to date trading has been in line with the expectations and that order intake and forward visibility remains good Intertek reports that total revenues gained 7.6% in H1 and that industry wide headwinds continued into H2 IGG states that business was satisfactory through Q2  albeit with revenues ahead of the previous 1st two months Big Yellow announces H1 revenues of £35.9m and an H1 EPS of 24.7p from 21.2p Bodycote announces sales gained 6.9% and maintains its 2013 targets Melrose states that early signs are that 2014 could be a better sales environment, and that it was pleased with the trading UK News The FCA is reportedly looking into the personal account trading of forex traders after allegations that the accounts were used to front run client orders The FT suggests that RBS is in talks with BNP Paribas to sell its structured retail investor products and equity derivatives business as it continues to sell off no core operations The OECD states that the UK economy grew faster in Q3 than any other of the 34 OECD nations 10:30 The UK sells £3.75bn in Bonds Applied Graphene Materials' expected pricing date is today UK Analyst Changes Capita Removed From Credit Suisse’S Focus List Europe Insurance Sector Cut To Neutral Vs Bullish At Nomura UK Insider Buying Boot (Henry) Plc, (BHY), 1 insider(s) bought 5000 shares, £2.02 UK Insider Selling Geopark Ltd, (GPK), 3 insider(s) sold 2382 shares, £5.51 Highcroft Investments P, (HCFT), 1 insider(s) sold 2250 shares, £6.96 Ladbrokes Plc, (LAD), 1 insider(s) sold 28000 shares, £1.77 Reckitt Benckiser Group, (RB/), 1 insider(s) sold 10000 shares, £47.96 Sig Plc, (SHI), 2 insider(s) sold 114 shares, £2.17 FTSE 100 Movers UK IPO's Issuer Name Pricing Date 11/19/2013 Applied Graphene Materials PLC 11/21/2013 Oxford Immunotec Global PLC 11/25/2013 GameAccount Network plc 11/30/2013 Mincon Group Plc Major European Companies Reporting easyJet PLC, R, 0.94,  Halma PLC, S1, 0.133,  Topdanmark A/S, Q3, 3.52,  Wirecard AG, Q3, 0.21 European Market Summary Angela Merkel has felt the needs to restate that the spy scandal is testing EU-US trade talks The head of the European Banking Authority stated in an interview that too few European banks have been wound down over recent years Global Market Footprint Major US Stock Movers After Hours Amarin gained 5% after hours when its CEO details that he has bought more shares in the company Brocade Communications gained 3% after hours when it announces Q4 revenues ahead of the forecasts and despite marginally disappointing Q1 forecasts In general business news Mario Bartiromo announces she is leaving CNBC, after spending 20 years at the network, she is thought to be joining Fox Business S&P 500 Companies Reporting Best Buy Co Inc, Q3, 0.12,  Campbell Soup Co, Q1, 0.865,  Home Depot Inc/The, Q3, 0.896,  Medtronic Inc, Q2, 0.901,  TJX Cos Inc, Q3, 0.737 US Market News Yesterday the Dow traded above 16,000 for the first time, and the S&P 500 broke through 1800 JP Morgan is expected to announce a $9bn settlement today with state and federal officials over mortgage bonds sold by Washington Mutual Dropbox the online file sharing site is reportedly using a valuation of around $8bn as it seeks additional funds for expansion The recent surge in Bitcoin continues posting highs of $900 after US officials tell a Senate committee that it should be considered as a legitimate currency Today's Bloomberg Social Velocity Alerts, (BSV) Bristol-Myers Squibb Co (BMY) Gladstone Investment Corp (GAIN) Home Depot Inc/The (HD) IntelliPharmaCeutics Internati (IPCI) JPMorgan Chase & Co (JPM) Merck & Co Inc (MRK) Moody's Corp (MCO) Randgold Resources Ltd (GOLD) Rio Tinto PLC (RIO) Salesforce.com Inc (CRM) T-Mobile US Inc (TMUS) Tyson Foods Inc (TSN) Verizon Communications Inc (VZ) Overnight Market News The RBA has maintained its interest rates, stating it was prudent to do so Hong Kong’s leading electricity provider CLP holdings announces it its paying $1.8bn for stakes in two Exxon Mobil units Japan’s nuclear watchdog states that it has no fixed timeline to complete safety checks at its 50 idled nuclear reactors Economic Data Due 10:00 Eurozone November ZEW Expectations, 59.1 previous Economic Events EU-Japan Summit in Tokyo ZEW Contact Us 0044 (0) 207 894 8883 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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