Cantor Capital Commentary

The most recent commentary notes are detailed below, for older reports please select the archive.

Our commentary notes are also freely available to all by email.

To register please fill in the enclosed “Commentary Registration” form.

Email: sales@cantorcapital.com Tel: +44 (0) 20 7894 8800.

Week Ahead, 28th February

Friday, 28 February 2014


Friday February 28, 2014, Marketing Communication
Monday March 3, 2014
UK ReportingAstrazeneca Plc, AZN, (Pr), Intertek Group Plc, ITRK, (R)
S&P 500 Reporting: None Detailed
Euro Stoxx 600 Reporting: Amlin PLC, R, 0.517,  Bank of Ireland, R, -0.02,  Intertek Group PLC, R, 1.385,  Kuehne + Nagel International AG, R, 4.994,  Ultra Electronics Holdings PLC, R, 1.264
Economic Data:
  • 09:00 Eurozone February Manufacturing PMI, 53.0 exp. 53.0 previous
  • 13:30 US January Personal Income, 0.2% exp. 0.0% previous
  • 15:00 US February Manufacturing ISM, 52.0 exp. 51.3 previous
  • 15:00 January Construction Spending, -0.15 exp. 0.1% previous
Economic Events:
  • Draghi Testifies in Brussels
Tuesday March 4, 2014
UK Reporting: Arm Holdings Plc, ARM, (Pr), Ashtead Group Plc, AHT, e, (CC), Ashtead Group Plc, AHT, (R), Bp Plc, BP, (SM), Fresnillo Plc, FRES, (R), Glaxosmithkline Plc, GSK, (Pr), Glencore Xstrata Plc, GLEN, (R), Glencore Xstrata Plc, GLEN, e, (CC), Meggitt Plc, MGGT, e, (CC), Meggitt Plc, MGGT, (R), Shire Plc, SHP, (Pr)
S&P 500 Reporting: AutoZone Inc, Q2, 5.548
Euro Stoxx 600 Reporting: Arkema SA, R, 5.893,  Ashtead Group PLC, Q3, 0.083,  Beiersdorf AG, R, 2.343,  Fresnillo PLC, R, 0.457,  GAM Holding AG, R, 1.22,  Glencore Xstrata PLC, R, 0.284,  Meggitt PLC, R, 0.362,  Paddy Power PLC, R, 2.52,  Rotork PLC, R, 1.24,  RWE AG, R, 3.895,  Serco Group PLC, R, 0.395,  Sika AG, R, 134.349,  Topdanmark A/S, R, 11.705
Economic Data:
  • 09:30 UK February PMI Construction, 63.5 exp. 64.6 previous
Economic Events:
  • Obama Sends Budget to Congress
Wednesday March 5, 2014
UK Reporting: Admiral Group Plc, ADM, (R), Admiral Group Plc, ADM, e, (CC), Intl Consolidated Airline-Di, IAG, (R), Legal & General Group Plc, LGEN, e, (CC), Legal & General Group Plc, LGEN, (R), Melrose Industries Plc, MRO, e, (CC), Melrose Industries Plc, MRO, (R), Standard Chartered Plc, STAN, (R), Standard Chartered Plc, STAN, e, (CC), Standard Chartered Plc, STAN, (SM)
FTSE 100 Dividends: BHP Billiton PLC, BLT, ($0.59), CRH PLC, CRH, (€0.44g), Rio Tinto PLC, RIO, (65.82), Shire PLC, SHP, (10.21), TUI Travel PLC, TT/, (9.75)
FTSE 100 Estimated Dividend Impact: 7.709 Points
FTSE 250 Dividends: Ashmore Group PLC, ASHM, (4.45),  BlackRock World Mining Trust PLC, BRWM, (14),  Domino Printing Sciences PLC, DNO, (14.06),  Genus PLC, GNS, (5.50),  Hays PLC, HAS, (.83),  Kier Group PLC, KIE, (22.50),  Murray Income Trust PLC, MUT, (7),  Oxford Instruments PLC, OXIG, (3.36),  Personal Assets Trust PLC/Fund, PNL, (140),  Redrow PLC, RDW, (1),  Renishaw PLC, RSW, (11.33),  Spirent Communications PLC, SPT, (1.02),  ST Modwen Properties PLC, SMP, (2.67),  Telecity Group PLC, TCY, (7)
FTSE Small Share: Brunner Investment Trust PLC/The, BUT, (8.50),  Darty Plc, DRTY, (€0.00875),  Hansard Global PLC, HSD, (3.40g),  Henderson Global Trust PLC/Fund, HGL, (2.50),  JPMorgan European Investment Trust PLC, JETG, (1.25),  JPMorgan European Investment Trust PLC, JETI, (1.50),  JPMorgan Mid Cap Investment Trust PLC, JMF, (5.50),  Lavendon Group PLC, LVD, (2.40),  MJ Gleeson Group PLC, GLE, (1.10),  Ricardo PLC, RCDO, (4.30),  Ruffer Investment Company Ltd, RICA, (1.70),  Scottish American Investment Co PLC/fund, SCAM, (2.60),  Securities Trust of Scotland PLC, STS, (1.15)
S&P 500 Reporting: PetSmart Inc, Q4, 1.213, Brown-Forman Corp, Q3, 0.763
Euro Stoxx 600 Reporting: Adidas AG, R, 3.99,  Admiral Group PLC, R, 1.007,  Banca Popolare dell'Emilia Romagna SC, R, 0.138,  BBA Aviation PLC, R, 0.3,  Carillion PLC, R, 0.345,  Carrefour SA, R, 1.359,  Legal & General Group PLC, R, 0.162,  Melrose Industries PLC, R, 0.147,  Michael Page International PLC, R, 0.148,  SCOR SE, R, 2.783,  Standard Chartered PLC, R, 2.061,  Subsea 7 SA, Q4, 0.287,  Valiant Holding AG, R, 5.995
Economic Data:
  • 09:00 Eurozone February PMI Services, 51.7 exp. 51.7 previous
  • 09:30 UK February PMI Services, 58.0 exp. 58.3 previous
  • 10:00 Eurozone Q4 GDP, 0.3% exp. 0.3% previous
  • 15:00 US February Non Manufacturing Composite, 53.6 exp. 54.0 previous
  • 19:00 US Federal Reserve Beige Book
Economic Events:
  • US Treasury Secretary Testifies to Senate Finance Panel
Thursday March 6, 2014
UK Reporting: Aggreko Plc, AGK, e, (CC), Aggreko Plc, AGK, (R), Aviva Plc, AV, e, (CC), Aviva Plc, AV, (R), Easyjet Plc, EZJ, (R), Imi Plc, IMI, e, (CC), Imi Plc, IMI, (R), Sage Group Plc/The, SGE, (SM), Schroders Plc, SDR, e, (CC), Schroders Plc, SDR, (R)
S&P 500 Reporting: Joy Global Inc, Q1, 0.647,  Costco Wholesale Corp, Q2, 1.17,  Staples Inc, Q4, 0.394,  H&R Block Inc, Q3, -0.111,  Kroger Co/The, Q4, 0.725
Euro Stoxx 600 Reporting: Aggreko PLC, R, 0.92,  Aviva PLC, R, 0.431,  Axel Springer SE, R, 2.62,  Azimut Holding SpA, R, 1.041,  Balfour Beatty PLC, R, 0.208,  Bureau Veritas SA, R, 0.91,  Cobham PLC, R, 0.21,  Continental AG, R, 10.937,  Deutsche Telekom AG, R, 0.636,  Gemalto NV, R, 3.12,  Genel Energy Plc, R, 0.669,  Hellenic Telecommunications Organization SA, R, 0.703,  Hunting PLC, R, 0.556,  IMI PLC, R, 0.893,  Inmarsat PLC, R, 0.498,  JCDecaux SA, R, 0.996,  Merck KGaA, R, 8.82,  Orange SA, R, 1.014,  RTL Group SA, R, 4.813,  Schroders PLC, R, 1.305,  Spirax-Sarco Engineering PLC, R, 1.383
Economic Data:
  • 12:00 UK Bank of England Bank Rate, 0.5% exp. 0.5% previous
  • 12:45 Eurozone ECB Rate Announcement, 0.25% exp. 0.25% previous
  • 13:30 US March Initial Jobless Claims, 335k exp. 348k previous
Economic Events:
  • 13:30 Draghi Press Conference
Friday March 7, 2014
UK Reporting: Arm Holdings Plc, ARM, (SM)
S&P 500 Reporting: Berkshire Hathaway Inc, Q4, 2203.91,  Iron Mountain Inc, Q4, 0.21,  NRG Energy Inc, Q4, 0.368,  Pepco Holdings Inc, Q4, 0.21,  Southwestern Energy Co, Q4, 0.525
Euro Stoxx 600 Reporting: Atlantia SpA, R, 0.893,  Enel Green Power SpA, R, 0.1,  Fraport AG Frankfurt Airport Services Worldwide, R, 2.466,  Fugro NV, R, 5.338,  GEA Group AG, R, 1.884
Economic Data:
  • 13:30 US Trade Balance, -$39.0bn exp. -$38.7bn previous
  • 13:30 US February Change in Non Farm Payrolls, 150k exp. 113k previous
  • 13:30 US February Unemployment Rate, 6.6% exp. 6.6% previous
Economic Events:
  • Bernanke Speaks in Houston
Contact Us
  • +44 20 7894 8883
  • sales@cantorcapital.com
Footnotes
  • Times given are UK Local Time, (GMT or GMT +1 during BST)
  • Dividends:- net prices are given as default, however where applicable gross dividends are detailed (g)
  • UK Results Key:- est, UK earnings estimates when available, (CC) Conference Call, (Pr) Press Event, News Conference, (R) Results, Interims/Finals, (SM) Shareholder Meeting,  (Oth) Other Event
Regulatory Disclaimer
This market commentary note (“note”) has been issued by Cantor Fitzgerald Europe (“CFE”), which is authorised and regulated by the Financial Conduct Authority (“FCA”). Cantor Capital and Cantor Index are trading names of CFE. This note is defined by the FCA as a marketing communication. This note has been prepared and distributed for information purposes only and represents the personal views and opinions of the sender. This note is not “investment research”, a “research recommendation” or a product of the Research Department. Please be aware that the CFE Research Department may issue a formal recommendation and target price on the stocks mentioned, which may differ from the opinion given here.  This note may contain information obtained by CFE from third parties; the source of information will usually be disclosed.  CFE makes no representation and gives no warranty as to the accuracy or completeness of the contents of this note. Any person placing reliance upon this note does so at their own risk. Investors should consider this note as only a single factor in making their investment decision. The investment discussed in this note may be unsuitable for investors depending on their specific investment objectives and financial position. CFE, its officers, employees and affiliates shall not be liable to any person in any way whatsoever for any losses, costs or claims howsoever arising from any inaccuracies or omissions in this note or any reliance on this note. The recipient is strongly recommended to see independent legal, tax and financial advice. Past performance is not necessarily a guide to future performance. Income from investments may fluctuate. The price or value of the investments to which this note relates; either directly or indirectly, may fall or rise against the interest of investors.
This note should not be considered to be a solicitation nor an offer of advice for the purposes of the sale or purchase of any security, investment or derivative.  The information contained in this note is not intended to form the basis of any investment decision and should not be considered a recommendation by CFE or any other person in relation to any of the companies, stock, commodities, currencies or other markets mentioned / referred to in this note. All the information contained herein is based upon information available to the public and has been obtained from sources believed to be reliable. However, the information contained in this note has not been verified by CFE and CFE undertakes no obligation to provide recipients of this note with any additional information or any update to or correction of the information contained in this note. This note is provided by CFE and may be forwarded unamended and in its entirety. This note may not be used in whole or in part to create any other work. All rights reserved.
FTSE International Limited (“FTSE”) © FTSE [2013]. “FTSE®” is a trade mark of the London Stock Exchange Group companies and is used by FTSE International Limited under licence. All rights in the FTSE indices and / or FTSE ratings vest in FTSE and/or its licensors. Neither FTSE nor its licensors accept any liability for any errors or omissions in the FTSE indices and / or FTSE ratings or underlying data. No further distribution of FTSE Data is permitted without FTSE’s express written consent.
CFE is authorised and regulated by the FCA under Firm Reference Number 149380.   CFE – The Financial Services Register Information: http://www.fsa.gov.uk/register/firmBasicDetails.do?sid=61341
Registered in England No. 02505767
Registered Address: 1 Churchill Place, London, E14 5RB
Risk Warning
Trading CFDs carries a high level of risk to your capital and is not suitable for all customers. Furthermore, margined products use leverage to increase the level of exposure to the product, and as a result your losses may substantially exceed your initial deposit and require you to make additional deposits at short notice. Prior to trading leveraged CFDs, you should carefully consider your investment objectives, experience and risk appetite and should not invest money that you cannot afford to lose.
Spread Bets are leveraged products placing your capital at risk. Losses can quickly exceed your initial deposit and thus require you to make additional deposits at short notice to maintain your positions. Leveraged products are not suitable for all customers. Please ensure you understand the risks involved before opening an account. You should ensure you fully understand the risks and seek independent financial advice if in doubt.
CFE provides an execution only service and does not offer investment advice.
These products are not intended for people under the age of 18 or for US residents.
The distribution of this note in other jurisdictions may be restricted by law and persons into whose possession this note comes should inform themselves about and observe any such restrictions. By accepting this note you agree to be bound by the foregoing instructions.

Week Ahead, February 21st

Friday, 21 February 2014


Friday February 21, 2014, Marketing Communication
Monday February 24, 2014
UK Reporting: Afren Plc, AFR, (Pr), Arm Holdings Plc, ARM, (Pr), Associated British Foods Plc, ABF, (R), Bovis Homes Group Plc, BVS, (R), Bovis Homes Group Plc, BVS, e, (CC), Bunzl Plc, BNZL, e, (CC), Bunzl Plc, BNZL, (R), Bwin.Party Digital Entertain, BPTY, (SM), Cable & Wireless Communicati, CWC, (Pr), Dialight Plc, DIA, (R), Henderson Value Trust Plc, HVTR, (SM), Hiscox Ltd, HSX, (R), Hochschild Mining Plc, HOC, (Pr), Hsbc Holdings Plc, HSBA, e, (CC), Hsbc Holdings Plc, HSBA, (R), Intermediate Capital Group, ICP, (Pr), International Ferro Metals, IFL, (R), Tullow Oil Plc, TLW, (Pr), Vedanta Resources Plc, VED, (Pr), Xp Power Ltd, XPP, (R)
S&P 500 Reporting: EOG Resources Inc, Q4, 1.948,  Frontier Communications Corp, Q4, 0.064,  ONEOK Inc, Q4, 0.532,  Tenet Healthcare Corp, Q4, 0.315,  Vornado Realty Trust, Q4, -0.347
Euro Stoxx 600 Reporting: Bunzl PLC, R, 0.782,  Hiscox Ltd, R, 0.637,  HSBC Holdings PLC, R, 0.931,  Kingspan Group PLC, R, 0.502,  PostNL NV, R, 0.388
Economic Data:
  • 10:00 January Eurozone CPI m/m, 0.7% exp. 
Economic Events:
  • EU-Brazil Summit in Brussels
Corporate Action:
  • Vodafone, VOD, Return of Capital: 30p, Stock Split: Amount 6 for 11 - Verizon Communications Spin off
Tuesday February 25, 2014
UK Reporting: Ashmore Group Plc, ASHM, (R), Batm Advanced Communications, BVC, e, (CC), Batm Advanced Communications, BVC, (R), Capital & Counties Propertie, CAPC, e, (CC), Capital & Counties Propertie, CAPC, (R), Crh Plc, CRH, (R), Crh Plc, CRH, e, (CC), Croda International Plc, CRDA, e, (CC), Croda International Plc, CRDA, (R), Dechra Pharmaceuticals Plc, DPH, e, (CC), Dechra Pharmaceuticals Plc, DPH, (R), Elementis Plc, ELM, (R), Genus Plc, GNS, e, (R), Gkn Plc, GKN, e, (CC), Gkn Plc, GKN, (R), Imagination Tech Group Plc, IMG, (SM), Kazakhmys Plc, KAZ, (SM), Ladbrokes Plc, LAD, (R), Ladbrokes Plc, LAD, e, (CC), National Grid Plc, NG, (SM), Nmc Health Plc, NMC, (R), Nmc Health Plc, NMC, e, (CC), Persimmon Plc, PSN, e, (CC), Persimmon Plc, PSN, (R), Provident Financial Plc, PFG, (R), St James'S Place Plc, STJ, e, (CC), St James'S Place Plc, STJ, (R), Wilmington Group Plc, WIL, e, (CC), Wilmington Group Plc, WIL, (R)
S&P 500 Reporting: American Tower Corp, Q4, 0.945,  Edison International, Q4, 0.678,  First Solar Inc, Q4, 1.021,  FirstEnergy Corp, Q4, 0.696,  Home Depot Inc/The, Q4, 0.715,  Leucadia National Corp, Q4, 0,  Macy's Inc, Q4, 2.174,  QEP Resources Inc, Q4, 0.404,  Range Resources Corp, Q4, 0.388
Euro Stoxx 600 Reporting: Ashmore Group PLC, S1, 0.112,  BASF SE, R, 5.385,  Capital & Counties Properties PLC, R, 0.017,  CRH PLC, R, 0.591,  Croda International PLC, R, 1.291,  Elementis PLC, R, 0.238,  Ferrovial SA, R, 0.562,  Fresenius Medical Care AG & Co KGaA, R, 3.617,  Fresenius SE & Co KGaA, R, 5.806,  Georg Fischer AG, R, 39.799,  GKN PLC, R, 0.268,  Jyske Bank A/S, R, 24.714,  Kerry Group PLC, R, 2.545,  Ladbrokes PLC, R, 0.114,  OC Oerlikon Corp AG, R, 0.687,  Persimmon PLC, R, 0.815,  Provident Financial PLC, R, 1.082,  Prysmian SpA, R, 1.172,  Seadrill Ltd, R, 2.849,  St James's Place PLC, R, 0.353,  Teleperformance, R, 2.596,  Vivendi SA, R, 1.12
Economic Data:
  • 14:00 US December House Price Index m/m, 0.4% exp. 0.1% previous
  • 15:00 US February Consumer Confidence, 80.0 exp. 80.7 previous
Economic Events:
  • IMF's Lagarde Speaks on Economy and Innovation
Wednesday February 26, 2014
UK Reporting: Bankers Investment Trust, BNKR, (SM), Csr Plc, CSR, e, (CC), Csr Plc, CSR, (R), Direct Line Insurance Group, DLG, (R), Direct Line Insurance Group, DLG, e, (CC), Domino'S Pizza Group Plc, DOM, e, (CC), Greggs Plc, GRG, (R), Hays Plc, HAS, e, (CC), Hays Plc, HAS, (R), Henderson Group Plc, HGG, (R), Henderson Group Plc, HGG, e, (CC), Imagination Tech Group Plc, IMG, (SM), International Personal Finan, IPF, (R), International Personal Finan, IPF, e, (CC), Investec Plc, INVP, (Pr), Itv Plc, ITV, e, (CC), Itv Plc, ITV, (R), Petrofac Ltd, PFC, e, (CC), Petrofac Ltd, PFC, (R), Restaurant Group Plc, RTN, (R), Segro Plc, SGRO, e, (CC), Segro Plc, SGRO, (R), Taylor Wimpey Plc, TW, e, (CC), Taylor Wimpey Plc, TW, (R), Travis Perkins Plc, TPK, e, (CC), Travis Perkins Plc, TPK, (R), Vitec Group Plc/The, VTC, (R), Weir Group Plc/The, WEIR, (R), Weir Group Plc/The, WEIR, e, (CC)
FTSE 100 Dividends: Diageo PLC, DGE, (19.70),  easyJet PLC, EZJ, (33.50),  easyJet PLC, EZJ, (44.10)
FTSE 100 Estimated Dividend Impact: 2.669 Points
FTSE 250 Dividends: Brewin Dolphin Holdings PLC, BRW, (5.05),  Beazley PLC, BEZ, (5.90),  Beazley PLC, BEZ, (16.10)
FTSE Small Share: Bluefield Solar Income Fund Ltd, BSIF, (2),  Carclo PLC, CAR, (.85),  F&C Capital & Income Investment Trust PLC/Fund, FCI, (2.25),  Henderson Value Trust PLC, HVTR, (1.50),  Standard Life Equity Income Trust PLC, SLET, (3.20)
S&P 500 Reporting: AES Corp/VA, Q4, 0.292,  Autodesk Inc, Q4, 0.339,  Cablevision Systems Corp, Q4, 0.093,  CenterPoint Energy Inc, Q4, 0.279,  Chesapeake Energy Corp, Q4, 0.4,  Dollar Tree Inc, Q4, 1.051,  Expeditors International of Washington Inc, Q4, 0.464,  Integrys Energy Group Inc, Q4, 0.936,  L Brands Inc, Q4, 1.613,  Lowe's Cos Inc, Q4, 0.312,  Newfield Exploration Co, Q4, 0.442,  Target Corp, Q4, 1.241,  TJX Cos Inc/The, Q4, 0.826,  Transocean Ltd, Q4, 0.72
Euro Stoxx 600 Reporting: Aalberts Industries NV, R, 1.403,  Abertis Infraestructuras SA, R, 0.796,  Airbus Group NV, R, 2.566,  Anheuser-Busch InBev NV, R, 4.781,  ASM International NV, R, 22.158,  Bouygues SA, R, 2.333,  Direct Line Insurance Group PLC, R, 0.221,  Ebro Foods SA, R, 0.944,  Eiffage SA, R, 2.939,  Endesa SA, R, 1.669,  Hays PLC, S1, 0.027,  Henderson Group PLC, R, 0.146,  Holcim Ltd, R, 3.613,  International Personal Finance PLC, R, 0.35,  ITV PLC, R, 0.11,  Jazztel PLC, R, 0.246,  Jeronimo Martins SGPS SA, R, 0.62,  Koninklijke DSM NV, R, 3.163,  Petrofac Ltd, R, 1.877,  Red Electrica Corp SA, R, 3.777,  Repsol SA, R, 1.433,  Segro PLC, R, 0.171,  Solvay SA, R, 6.056,  Swiss Life Holding AG, R, 22.287,  Taylor Wimpey PLC, R, 0.065,  Telefonica Deutschland Holding AG, R, 0.031,  Telekom Austria AG, R, 0.335,  Travis Perkins PLC, R, 1.002,  UCB SA, R, 1.961,  Vallourec SA, R, 1.95,  Weir Group PLC/The, R, 1.429
Economic Data:
  • 09:30 UK Q4 GDP, 0.7% exp., 0.7% previous
  • 15:00 US January new Home Sales, 405k exp. 414k previous
Economic Events:
  • Bank of England's Ben Broadbent Speaks in London
Thursday February 27, 2014
UK Reporting: Aberforth Smaller Cos-Ord, ASL, (SM), Astrazeneca Plc, AZN, (Oth), Barratt Developments Plc, BDEV, e, (CC), Barratt Developments Plc, BDEV, (R), Bodycote Plc, BOY, e, (CC), Bodycote Plc, BOY, (R), British American Tobacco Plc, BATS, e, (CC), British American Tobacco Plc, BATS, (R), Capita Plc, CPI, e, (CC), Capita Plc, CPI, (R), Colt Group Sa, COLT, e, (CC), Colt Group Sa, COLT, (R), Countrywide Plc, CWD, (R), Derwent London Plc, DLN, (R), Derwent London Plc, DLN, e, (CC), Domino'S Pizza Group Plc, DOM, (R), Gcp Infrastructure Investmen, GCP, (SM), Hansard Global Plc, HSD, (R), Hardy Oil & Gas Plc, HDY, (R), Howden Joinery Group Plc, HWDN, (R), Jupiter Fund Management, JUP, e, (CC), Jupiter Fund Management, JUP, (R), Kazakhmys Plc, KAZ, (R), Kazakhmys Plc, KAZ, e, (CC), Kier Group Plc, KIE, e, (CC), Kier Group Plc, KIE, (R), Lavendon Group Plc, LVD, e, (CC), Lavendon Group Plc, LVD, (R), Man Group Plc, EMG, (R), Merlin Entertainme, MERL, (R), National Express Group Plc, NEX, (R), Premier Foods Plc, PFD, e, (R), Premier Oil Plc, PMO, e, (CC), Premier Oil Plc, PMO, (R), Redrow Plc, RDW, e, (CC), Redrow Plc, RDW, (R), Reed Elsevier Plc, REL, e, (CC), Reed Elsevier Plc, REL, (R), Ricardo Plc, RCDO, (R), Royal Bank Of Scotland Group, RBS, (R), Royal Bank Of Scotland Group, RBS, (SM), Rps Group Plc, RPS, (R), Rsa Insurance Group Plc, RSA, (R), Rsa Insurance Group Plc, RSA, e, (CC), Ruspetro Plc, RPO, (R), Spectris Plc, SXS, (R), Spirent Communications Plc, SPT, e, (CC), Spirent Communications Plc, SPT, (R), Standard Life Plc, SL, (R), Standard Life Plc, SL, e, (CC), Talvivaara Mining Co Plc-Di, TALV, (R), Wpp Plc, WPP, e, (CC), Wpp Plc, WPP, (R), Xchanging Plc, XCH, e, (CC), Xchanging Plc, XCH, (R)
S&P 500 Reporting: Best Buy Co Inc, Q4, 1.01,  Gap Inc/The, Q4, 0.647,  Kohl's Corp, Q4, 1.537,  Monster Beverage Corp, Q4, 0.461,  Mylan Inc/PA, Q4, 0.751,  Pall Corp, Q2, 0.801,  Ross Stores Inc, Q4, 1.017,  Rowan Cos Plc, Q4, 0.412,  Salesforce.com Inc, Q4, 0.059,  Sempra Energy, Q4, 0.974,  Windstream Holdings Inc, Q4, 0.09,  WPX Energy Inc, Q4, -0.351
Euro Stoxx 600 Reporting: ACS Actividades de Construccion y Servicios SA, R, 2.295,  Allianz SE, R, 13.301,  AP Moeller - Maersk A/S, R, 4434.83,  Banco Popolare SC, R, -0.215,  Barratt Developments PLC, S1, 0.077,  British American Tobacco PLC, R, 2.083,  Capita PLC, R, 0.566,  CEZ AS, R, 69.11,  CGG SA, R, 0.533,  Derwent London PLC, R, 0.543,  EDP - Energias de Portugal SA, R, 0.272,  Elekta AB, Q3, 0.871,  Essilor International SA, R, 2.903,  Fonciere Des Regions, R, 5.255,  GDF Suez, R, 1.388,  Grifols SA, R, 1.067,  Hochtief AG, R, 3.028,  Howden Joinery Group PLC, R, 0.16,  Jupiter Fund Management PLC, R, 0.252,  Koninklijke Ahold NV, R, 0.833,  Luxottica Group SpA, R, 1.339,  Man Group PLC, R, 0.092,  Premier Oil PLC, R, 0.448,  ProSiebenSat.1 Media AG, R, 1.798,  Reed Elsevier NV, R, 0.974,  Reed Elsevier PLC, R, 0.535,  Royal Bank of Scotland Group PLC, R, -0.219,  RSA Insurance Group PLC, R, 0.036,  SEB SA, R, 4.289,  Spectris PLC, R, 1.312,  Standard Life PLC, R, 0.226,  Telefonica SA, R, 0.979,  Veolia Environnement SA, R, 0.262,  Viscofan SA, R, 2.206,  William Demant Holding A/S, R, 22.783,  WPP PLC, R, 0.817
Economic Data:
  • 09:00 Eurozone January M3 1.1% exp. 1.0% previous
  • 10:00 Eurozone February Consumer Confidence, -12.7 previous
  • 13:30 US January Durable Goods, -1.0% exp. -4.3% previous
  • 13:30 US Initial Jobless Claims, 2981k previous
  • 14:45 US Bloomberg Consumer Confidence, -30.6 previous
Economic Events:
  • None Scheduled
Friday February 28, 2014
UK Reporting: Berendsen Plc, BRSN, e, (CC), Berendsen Plc, BRSN, (R), Intl Consolidated Airline-Di, IAG, e, (CC), Intl Consolidated Airline-Di, IAG, (R), Interserve Plc, IRV, (SM), Interserve Plc, IRV, e, (CC), Interserve Plc, IRV, (R), Intu Properties Plc, INTU, e, (CC), Intu Properties Plc, INTU, (R), Laird Plc, LRD, e, (CC), Laird Plc, LRD, (R), Mondi Plc, MNDI, e, (CC), Mondi Plc, MNDI, (R), Old Mutual Plc, OML, (R), Mondi Plc, MNDI, (R), Old Mutual Plc, OML, (R), Pantheon Intl Particip-Ord, PIN, e, (CC), Pearson Plc, PSON, e, (CC), Pearson Plc, PSON, (R), Rentokil Initial Plc, RTO, e, (CC), Rentokil Initial Plc, RTO, (R), Rightmove Plc, RMV, (R), Royal Bank Of Scotland Group, RBS, e, (CC), Synthomer Plc, SYNT, e, (CC), Synthomer Plc, SYNT, (R), Ubm Plc, UBM, e, (CC), Ubm Plc, UBM, (R), William Hill Plc, WMH, e, (CC), William Hill Plc, WMH, (R)
S&P 500 Reporting: Berkshire Hathaway Inc, Q4, 2203.91,  Iron Mountain Inc, Q4, 0.21,  NRG Energy Inc, Q4, 0.368,  Pepco Holdings Inc, Q4, 0.21,  Southwestern Energy Co, Q4, 0.525
Euro Stoxx 600 Reporting: Ackermans & van Haaren NV, R, 5.575,  Amadeus IT Holding SA, R, 1.393,  Andritz AG, R, 1.097,  Bayer AG, R, 5.726,  Belgacom SA, R, 1.917,  Berendsen PLC, R, 0.581,  Erste Group Bank AG, R, 1.086,  Freenet AG, R, 1.856,  Fuchs Petrolub SE, R, 3.069,  International Consolidated Airlines Group SA, R, 0.168,  Intu Properties PLC, R, 0.149,  Koninklijke Vopak NV, R, 2.434,  Mondi PLC, R, 0.931,  Old Mutual PLC, R, 0.183,  Pearson PLC, R, 0.717,  PSP Swiss Property AG, R, 3.686,  Rentokil Initial PLC, R, 0.083,  Rightmove PLC, R, 0.759,  Snam SpA, R, 0.272,  UBM PLC, R, 0.532,  William Hill PLC, R, 0.281
Economic Data:
  • 00:05 UK February GfK Consumer Confidence, -7 exp. -7 previous
  • 10:00 Eurozone January Unemployment Rate, 12.0% exp. 12.0% previous
  • 13:30 US December GDP, 2.5% exp. 3.2% previous
  • 15:00 US January Pending Home Sales, 2.7% exp. -8.7% previous
Economic Events:
  • Mark Carney Speaks in Frankfurt
Contact Us
  • +44 20 7894 8883
  • sales@cantorcapital.com
Footnotes
  • Times given are UK Local Time, (GMT or GMT +1 during BST)
  • Dividends:- net prices are given as default, however where applicable gross dividends are detailed (g)
  • UK Results Key:- est, UK earnings estimates when available, (CC) Conference Call, (Pr) Press Event, News Conference, (R) Results, Interims/Finals, (SM) Shareholder Meeting,  (Oth) Other Event
Regulatory Disclaimer
This market commentary note (“note”) has been issued by Cantor Fitzgerald Europe (“CFE”), which is authorised and regulated by the Financial Conduct Authority (“FCA”). Cantor Capital and Cantor Index are trading names of CFE. This note is defined by the FCA as a marketing communication. This note has been prepared and distributed for information purposes only and represents the personal views and opinions of the sender. This note is not “investment research”, a “research recommendation” or a product of the Research Department. Please be aware that the CFE Research Department may issue a formal recommendation and target price on the stocks mentioned, which may differ from the opinion given here.  This note may contain information obtained by CFE from third parties; the source of information will usually be disclosed.  CFE makes no representation and gives no warranty as to the accuracy or completeness of the contents of this note. Any person placing reliance upon this note does so at their own risk. Investors should consider this note as only a single factor in making their investment decision. The investment discussed in this note may be unsuitable for investors depending on their specific investment objectives and financial position. CFE, its officers, employees and affiliates shall not be liable to any person in any way whatsoever for any losses, costs or claims howsoever arising from any inaccuracies or omissions in this note or any reliance on this note. The recipient is strongly recommended to see independent legal, tax and financial advice. Past performance is not necessarily a guide to future performance. Income from investments may fluctuate. The price or value of the investments to which this note relates; either directly or indirectly, may fall or rise against the interest of investors.
This note should not be considered to be a solicitation nor an offer of advice for the purposes of the sale or purchase of any security, investment or derivative.  The information contained in this note is not intended to form the basis of any investment decision and should not be considered a recommendation by CFE or any other person in relation to any of the companies, stock, commodities, currencies or other markets mentioned / referred to in this note. All the information contained herein is based upon information available to the public and has been obtained from sources believed to be reliable. However, the information contained in this note has not been verified by CFE and CFE undertakes no obligation to provide recipients of this note with any additional information or any update to or correction of the information contained in this note. This note is provided by CFE and may be forwarded unamended and in its entirety. This note may not be used in whole or in part to create any other work. All rights reserved.
FTSE International Limited (“FTSE”) © FTSE [2013]. “FTSE®” is a trade mark of the London Stock Exchange Group companies and is used by FTSE International Limited under licence. All rights in the FTSE indices and / or FTSE ratings vest in FTSE and/or its licensors. Neither FTSE nor its licensors accept any liability for any errors or omissions in the FTSE indices and / or FTSE ratings or underlying data. No further distribution of FTSE Data is permitted without FTSE’s express written consent.
CFE is authorised and regulated by the FCA under Firm Reference Number 149380.   CFE – The Financial Services Register Information: http://www.fsa.gov.uk/register/firmBasicDetails.do?sid=61341
Registered in England No. 02505767
Registered Address: 1 Churchill Place, London, E14 5RB
Risk Warning
Trading CFDs carries a high level of risk to your capital and is not suitable for all customers. Furthermore, margined products use leverage to increase the level of exposure to the product, and as a result your losses may substantially exceed your initial deposit and require you to make additional deposits at short notice. Prior to trading leveraged CFDs, you should carefully consider your investment objectives, experience and risk appetite and should not invest money that you cannot afford to lose.
Spread Bets are leveraged products placing your capital at risk. Losses can quickly exceed your initial deposit and thus require you to make additional deposits at short notice to maintain your positions. Leveraged products are not suitable for all customers. Please ensure you understand the risks involved before opening an account. You should ensure you fully understand the risks and seek independent financial advice if in doubt.
CFE provides an execution only service and does not offer investment advice.
These products are not intended for people under the age of 18 or for US residents.
The distribution of this note in other jurisdictions may be restricted by law and persons into whose possession this note comes should inform themselves about and observe any such restrictions. By accepting this note you agree to be bound by the foregoing instructions.

Week Ahead, 17th February

Friday, 14 February 2014


Friday February 14, 2014, Marketing Communication
Monday February 17, 2014
UK Reporting: Al Noor Hospitals Group, ANH, e, (R), Bhp Billiton Plc, BLT, e, (CC), Brewin Dolphin Holdings Plc, BRW, (SM), Coca-Cola Hbc Ag-Cdi, CCH, (SM), Fidessa Group Plc, FDSA, (R), Hammerson Plc, HMSO, e, (CC), Hammerson Plc, HMSO, (R), Martin Currie Global Port, MNP, (SM), Gleeson (M.J.) Group Plc, GLE, e, (CC), Gleeson (M.J.) Group Plc, GLE, (R), Telecom Plus Plc, TEP, (R)
S&P 500 Reporting: None Detailed
Euro Stoxx 600 Reporting: Hammerson PLC, R, 0.22
Economic Data:
  • 00:01 UK February Rightmove House Prices, 1.0% previous
Economic Events:
  • Euro-Area Finance Ministers Meet in Brussels
Market Holiday:
  • US - Presidents Day
  • Canada - Family Day
Corporate Action:
  • IMI, Stock Split, Amount 7 for 8
Tuesday February 18, 2014
UK Reporting: Az Electronic Materials, AZEM, e, (CC), Az Electronic Materials, AZEM, (R), Bhp Billiton Plc, BLT, (R), Brammer Plc, BRAM, e, (CC), Brammer Plc, BRAM, (R), Coca-Cola Hbc Ag-Cdi, CCH, (SM), Drax Group Plc, DRX, e, (CC), Drax Group Plc, DRX, (R), Intercontinental Hotels Grou, IHG, (R), Intercontinental Hotels Grou, IHG, e, (CC), Wood Group (John) Plc, WG, (R), Medicx Fund Ltd, MXF, (SM), Morgan Sindall Group Plc, MGNS, (R), Sabmiller Plc, SAB, (Pr)
S&P 500 Reporting: Analog Devices Inc, Q1, 0.487,  CF Industries Holdings Inc, Q4, 4.417,  Coca-Cola Co/The, Q4, 0.463,  DENTSPLY International Inc, Q4, 0.61,  Duke Energy Corp, Q4, 0.951,  Flowserve Corp, Q4, 1.054,  Fluor Corp, Q4, 0.983,  Genuine Parts Co, Q4, 0.912,  Medtronic Inc, Q3, 0.911,  Nabors Industries Ltd, Q4, 0.201,  NiSource Inc, Q4, 0.463,  Waste Management Inc, Q4, 0.605
Euro Stoxx 600 Reporting: Air Liquide SA, R, 5.205,  BHP Billiton PLC, S1, 1.34,  Casino Guichard Perrachon SA, R, 5.191,  Drax Group PLC, R, 0.297,  Enagas SA, R, 1.691,  Gas Natural SDG SA, R, 1.401,  InterContinental Hotels Group PLC, R, 1.522,  John Wood Group PLC, R, 0.978,  MTU Aero Engines AG, R, 4.441,  Pandora A/S, R, 16.878,  TNT Express NV, R, 0.214
Economic Data:
  • 09:30 UK January CPI, -0.5% exp. 0.4% previous
  • 09:30 UK January PPI Output, 0.0% exp. 0.0% previous
  • 13:30 US February Empire Manufacturing, 9.75 exp. 12.51 previous
Economic Events:
  • EU Finance Ministers Meet in Brussels
Wednesday February 19, 2014
UK Reporting: Bank Of Georgia Holdings Plc, BGEO, e, (R), Coca-Cola Hbc Ag-Cdi, CCH, (SM), Galliford Try Plc, GFRD, e, (CC), Galliford Try Plc, GFRD, (R), Mucklow ( A & J ) Group Plc, MKLW, (R), Pendragon Plc, PDG, e, (R), Sports Direct International, SPD, (R)
FTSE 100 Dividends: AstraZeneca PLC, AZN, (1.90),  Barclays PLC, BARC, (3.50),  Carnival PLC, CCL, (.25),  GlaxoSmithKline PLC, GSK, (23),  Reckitt Benckiser Group PLC, RB/, (77)
FTSE 100 Estimated Dividend Impact: 14 Points
FTSE 250 Dividends: Catlin Group Ltd, CGL, (21g),  PZ Cussons PLC, PZC, (2.53),  Rank Group PLC, RNK, (1.35)
FTSE Small Share: Avon Rubber PLC, AVON, (2.88),  Blackrock North American Income Trust PLC, BRNA, (1),  Blackrock Throgmorton Trust PLC, THRG, (3.25),  Invesco Income Growth Trust PLC, IVI, (2.10),  Polar Capital Global Healthcare Growth & Income PLC, PCGH, (.55),  Renewables Infrastructure Group Ltd/The, TRIG, (2.50)
S&P 500 Reporting: Allegion PLC, Q4, 0.59,  Devon Energy Corp, Q4, 1.088,  Garmin Ltd, Q4, 0.617,  Health Care REIT Inc, Q4, 0.974,  Host Hotels & Resorts Inc, Q4, 0.313,  Marriott International Inc/DE, Q4, 0.494,  Safeway Inc, Q4, 0.486,  Williams Cos Inc/The, Q4, 0.213
Euro Stoxx 600 Reporting: Aeroports de Paris, R, 3.413,  Ageas, R, 2.575,  AtoS, R, 4.247,  Carlsberg A/S, R, 37.413,  Cie de St-Gobain, R, 1.939,  Clariant AG, R, 1.057,  Credit Agricole SA, R, 0.995,  Deutsche Boerse AG, R, 3.297,  Iberdrola SA, R, 0.393,  ICADE, R, 4.533,  Ingenico, R, 2.679,  Lafarge SA, R, 2.178,  Meda AB, R, 2.533,  Mediobanca SpA, S1, 0,  Natixis, R, 0.316,  OMV AG, R, 3.709,  OPAP SA, R, 0.485,  Peugeot SA, R, -4.501,  Portugal Telecom SGPS SA, R, 0.31,  Societe Television Francaise 1, R, 0.658,  Swedish Match AB, R, 12.716,  Sydbank A/S, R, 3.07,  Thales SA, R, 3.236,  Wolters Kluwer NV, R, 1.552
Economic Data:
  • 09:30 January Claimant Count Rate, 3.6% exp. 3.7% previous
  • 09:30 UK December ILO Unemployment Rate, 7.1% exp. 7.1% previous
  • 13:30 US January PPI, 0.4% previous
  • 19:00 US Fed Meeting Minutes
Economic Events:
  • None Detailed
Thursday February 20, 2014
UK Reporting: Anglo Pacific Group Plc, APF, e, (CC), Anglo Pacific Group Plc, APF, (R), Bae Systems Plc, BA, e, (CC), Bae Systems Plc, BA, (R), Barclays Plc, BARC, (Pr), Centaur Media Plc, CAU, e, (CC), Centaur Media Plc, CAU, (R), Centrica Plc, CNA, (R), Centrica Plc, CNA, e, (CC), Essentra Plc, ESNT, (R), F&C Global Smaller Companies, FCS, (R), Go-Ahead Group Plc, GOG, e, (CC), Go-Ahead Group Plc, GOG, (R), Micro Focus International, MCRO, (R), Optos Plc, OPTS, (SM), Petra Diamonds Ltd, PDL, e, (CC), Petra Diamonds Ltd, PDL, (R), Playtech Plc, PTEC, e, (CC), Playtech Plc, PTEC, (R), Primary Health Properties, PHP, e, (CC), Primary Health Properties, PHP, (SM), Primary Health Properties, PHP, (R), Rathbone Brothers Plc, RAT, e, (CC), Rathbone Brothers Plc, RAT, (R), Rexam Plc, REX, (R), Thomas Cook Group Plc, TCG, (SM)
S&P 500 Reporting: Actavis plc, Q4, 3.052,  Cabot Oil & Gas Corp, Q4, 0.175,  Denbury Resources Inc, Q4, 0.308,  DIRECTV, Q4, 1.293,  Ensco PLC, Q4, 1.588,  Express Scripts Holding Co, Q4, 1.117,  Hewlett-Packard Co, Q1, 0.844,  Hormel Foods Corp, Q1, 0.575,  Intuit Inc, Q2, 0.256,  Mohawk Industries Inc, Q4, 1.738,  Newmont Mining Corp, Q4, 0.439,  Nordstrom Inc, Q4, 1.339,  Patterson Cos Inc, Q3, 0.571,  priceline.com Inc, Q4, 8.266,  Public Service Enterprise Group Inc, Q4, 0.449,  Public Storage, Q4, 2.023,  Quanta Services Inc, Q4, 0.436,  SCANA Corp, Q4, 0.776,  Wal-Mart Stores Inc, Q4, 1.6
Euro Stoxx 600 Reporting: Accor SA, R, 1.338,  Aegon NV, R, 0.467,  Air France-KLM, R, -1.202,  BAE Systems PLC, R, 0.423,  Cap Gemini SA, R, 3.044,  Centrica PLC, R, 0.267,  CNP Assurances, R, 1.592,  Danone, R, 2.848,  Delta Lloyd NV, R, 0.692,  Distribuidora Internacional de Alimentacion SA, R, 0.334,  Essentra PLC, R, 0.377,  Henkel AG & Co KGaA, R, 4.052,  Lundbergforetagen AB, R, 12.64,  Randstad Holding NV, R, 2.19,  Ratos AB, R, 1.81,  Rexam PLC, R, 0.369,  Safran SA, R, 2.638,  Schneider Electric SA, R, 3.783,  Suez Environnement Co, R, 0.641,  Sulzer AG, R, 7.112,  Swiss Re AG, R, 11.11,  Technip SA, R, 4.711,  Tenaris SA, R, 1.343,  Valeo SA, R, 5.25
Economic Data:
  • 09:00 Eurozone February PMI Composite, 53.1 exp. 52.9 previous
  • 13:30 US January CPI m/m 0.1% exp. 0.3% previous
  • 13:30 US Initial Jobless Claims, 330k exp. 339k previous
  • 14:45 US February Bloomberg Consumer Confidence -30.7 previous
  • 15:00 Eurozone Consumer Confidence, -11.2 exp. -11.7 previous
  • 15:00 US January Leading Index, 0.4% exp. 0.1% previous
Economic Events:
  • Fed's Williams speaks in New York
Friday February 21, 2014
UK Reporting: Informa Plc, INF, e, (CC), Informa Plc, INF, (R), Millennium & Copthorne Hotel, MLC, (R), Millennium & Copthorne Hotel, MLC, e, (CC)
S&P 500 Reporting: Ameren Corp, Q4, 0.13,  Ecolab Inc, Q4, 1.047,  Graham Holdings Co, Q4, 0,  Pinnacle West Capital Corp, Q4, 0.188
Euro Stoxx 600 Reporting: AXA SA, R, 1.96,  Banque Cantonale Vaudoise, R, 33.957,  Bolsas y Mercados Espanoles SA, R, 1.688,  Gecina SA, R, 5.183,  Informa PLC, R, 0.402,  Kering, R, 9.83,  SES SA, R, 1.427
Economic Data:
  • UK January Retail Sales, -1.0% exp. 2.8% previous
  • 15:00 US January Existing Home Sales, 4.7m exp. 4.87m previous
Economic Events:
  • None Detailed
Reminder:
  • Vodafone Return of Capital Ex Dividend Monday 24th February
Contact Us
  • +44 20 7894 8883
  • sales@cantorcapital.com
Footnotes
  • Times given are UK Local Time, (GMT or GMT +1 during BST)
  • Dividends:- net prices are given as default, however where applicable gross dividends are detailed (g)
  • UK Results Key:- est, UK earnings estimates when available, (CC) Conference Call, (Pr) Press Event, News Conference, (R) Results, Interims/Finals, (SM) Shareholder Meeting,  (Oth) Other Event
Regulatory Disclaimer
This market commentary note (“note”) has been issued by Cantor Fitzgerald Europe (“CFE”), which is authorised and regulated by the Financial Conduct Authority (“FCA”). Cantor Capital and Cantor Index are trading names of CFE. This note is defined by the FCA as a marketing communication. This note has been prepared and distributed for information purposes only and represents the personal views and opinions of the sender. This note is not “investment research”, a “research recommendation” or a product of the Research Department. Please be aware that the CFE Research Department may issue a formal recommendation and target price on the stocks mentioned, which may differ from the opinion given here.  This note may contain information obtained by CFE from third parties; the source of information will usually be disclosed.  CFE makes no representation and gives no warranty as to the accuracy or completeness of the contents of this note. Any person placing reliance upon this note does so at their own risk. Investors should consider this note as only a single factor in making their investment decision. The investment discussed in this note may be unsuitable for investors depending on their specific investment objectives and financial position. CFE, its officers, employees and affiliates shall not be liable to any person in any way whatsoever for any losses, costs or claims howsoever arising from any inaccuracies or omissions in this note or any reliance on this note. The recipient is strongly recommended to see independent legal, tax and financial advice. Past performance is not necessarily a guide to future performance. Income from investments may fluctuate. The price or value of the investments to which this note relates; either directly or indirectly, may fall or rise against the interest of investors.
This note should not be considered to be a solicitation nor an offer of advice for the purposes of the sale or purchase of any security, investment or derivative.  The information contained in this note is not intended to form the basis of any investment decision and should not be considered a recommendation by CFE or any other person in relation to any of the companies, stock, commodities, currencies or other markets mentioned / referred to in this note. All the information contained herein is based upon information available to the public and has been obtained from sources believed to be reliable. However, the information contained in this note has not been verified by CFE and CFE undertakes no obligation to provide recipients of this note with any additional information or any update to or correction of the information contained in this note. This note is provided by CFE and may be forwarded unamended and in its entirety. This note may not be used in whole or in part to create any other work. All rights reserved.
FTSE International Limited (“FTSE”) © FTSE [2013]. “FTSE®” is a trade mark of the London Stock Exchange Group companies and is used by FTSE International Limited under licence. All rights in the FTSE indices and / or FTSE ratings vest in FTSE and/or its licensors. Neither FTSE nor its licensors accept any liability for any errors or omissions in the FTSE indices and / or FTSE ratings or underlying data. No further distribution of FTSE Data is permitted without FTSE’s express written consent.
CFE is authorised and regulated by the FCA under Firm Reference Number 149380.   CFE – The Financial Services Register Information: http://www.fsa.gov.uk/register/firmBasicDetails.do?sid=61341
Registered in England No. 02505767
Registered Address: 1 Churchill Place, London, E14 5RB
Risk Warning
Trading CFDs carries a high level of risk to your capital and is not suitable for all customers. Furthermore, margined products use leverage to increase the level of exposure to the product, and as a result your losses may substantially exceed your initial deposit and require you to make additional deposits at short notice. Prior to trading leveraged CFDs, you should carefully consider your investment objectives, experience and risk appetite and should not invest money that you cannot afford to lose.
Spread Bets are leveraged products placing your capital at risk. Losses can quickly exceed your initial deposit and thus require you to make additional deposits at short notice to maintain your positions. Leveraged products are not suitable for all customers. Please ensure you understand the risks involved before opening an account. You should ensure you fully understand the risks and seek independent financial advice if in doubt.
CFE provides an execution only service and does not offer investment advice.
These products are not intended for people under the age of 18 or for US residents.
The distribution of this note in other jurisdictions may be restricted by law and persons into whose possession this note comes should inform themselves about and observe any such restrictions. By accepting this note you agree to be bound by the foregoing instructions.

Week Ahead, 7th February

Friday, 7 February 2014


Friday February 7, 2014, Marketing Communication
Monday February 10, 2014
UK ReportingAl Noor Hospitals Group, ANH, e, (R), Arm Holdings Plc, ARM, (SM), Catlin Group Ltd, CGL, e, (CC), Catlin Group Ltd, CGL, (R), Royal Dutch Shell Plc-A Shs, RDSA, (Pr)
S&P 500 Reporting: Hasbro Inc, Q4, 1.216,  Loews Corp, Q4, 0.7,  Masco Corp, Q4, 0.167,  Pioneer Natural Resources Co, Q4, 0.984
Euro Stoxx 600 Reporting: Banco Espirito Santo SA, R, -0.109,  Catlin Group Ltd, R, 0.889,  Christian Dior SA, S1, 4.63,  Galp Energia SGPS SA, R, 0.341,  L'Oreal SA, R, 5.093,  Securitas AB, R, 5.602
Economic Data:
  • 09:30 UK January Lloyds Employment Confidence, -12 previous
Economic Events:
  • EU Foreign Ministers Hold Meeting Brussels
Tuesday February 11, 2014
UK Reporting: Arm Holdings Plc, ARM, (SM), Aveva Group Plc, AVV, (Pr), Babcock Intl Group Plc, BAB, (R), Babcock Intl Group Plc, BAB, (R), Barclays Plc, BARC, e, (CC), Barclays Plc, BARC, e, (CC), Barclays Plc, BARC, (R), Bellway Plc, BWY, (R), Cable & Wireless Communicati, CWC, (R), Cable & Wireless Communicati, CWC, (R), Dunelm Group Plc, DNLM, (SM), Dunelm Group Plc, DNLM, (R), Glencore Xstrata Plc, GLEN, (R), Mcbride Plc, MCB, (R), Thomas Cook Group Plc, TCG, (R), Thomas Cook Group Plc, TCG, (R)
S&P 500 Reporting: CVS Caremark Corp, Q4, 1.111,  DaVita HealthCare Partners Inc, Q4, 1.003,  Entergy Corp, Q4, 0.835,  Fossil Group Inc, Q4, 2.435,  HCP Inc, Q4, 0.741,  Ingersoll-Rand PLC, Q4, 0.609,  IntercontinentalExchange Group Inc, Q4, 1.951,  Marsh & McLennan Cos Inc, Q4, 0.562,  Mosaic Co/The, Q4, 0.433,  Omnicom Group Inc, Q4, 1.147,  PG&E Corp, Q4, 0.415,  Regeneron Pharmaceuticals Inc, Q4, 2.035,  Reynolds American Inc, Q4, 0.803,  TripAdvisor Inc, Q4, 0.21,  Western Union Co/The, Q4, 0.322,  Zoetis Inc, Q4, 0.343
Euro Stoxx 600 Reporting: Actelion Ltd, R, 3.273,  Barclays PLC, R, 0.258,  Bilfinger SE, R, 4.943,  Cie Generale des Etablissements Michelin, R, 7.054,  Hexagon AB, R, 1.069,  Mapfre SA, R, 0.296,  Metro AG, Q1, 1.333,  Saipem SpA, R, -0.78,  Voestalpine AG, Q3, 0.613
Economic Data:
  • 15:00 US December Wholesale Inventories, 0.5% exp. 0.5% previous
Economic Events:
  • EU General Affairs Ministers Meeting in Brussels
Wednesday February 12, 2014
UK Reporting: Aberdeen Asset Mgmt Plc, ADN, (Pr), African Barrick Gold Plc, ABG, (R), African Barrick Gold Plc, ABG, e, (CC), Arm Holdings Plc, ARM, (Pr), Capital & Regional Plc, CAL, (R), F&C Capital & Income Inv Tr, FCI, (SM), Hyder Consulting Plc, HYC, (R), Ip Group Plc, IPO, (SM), Quintain Estates & Dev Plc, QED, (R), Reckitt Benckiser Group Plc, RB, (R), Reckitt Benckiser Group Plc, RB, e, (CC), Telecity Group Plc, TCY, e, (CC), Telecity Group Plc, TCY, (R), Town Centre Securities Plc, TCSC, (R), Tribal Group Plc, TRB, (Pr), Tullow Oil Plc, TLW, e, (CC), Tullow Oil Plc, TLW, e, (CC), Tullow Oil Plc, TLW, (R), Atkins (Ws) Plc, ATK, (R)
FTSE 100 Dividends: BP PLC, BP/, ($0.095),  Sage Group PLC/The, SGE, (7.44),  Royal Dutch Shell PLC, RDSA, ($0.45g),  Royal Dutch Shell PLC, RDSB, ($0.45g)
FTSE 100 Estimated Dividend Impact: 11.26 Point
FTSE 250 Dividends: UK Commercial Property Trust Ltd/fund, UKCM, (1.3125g),  F&C Commercial Property Trust Ltd, FCPT, (.50g)
FTSE Small Share: Ecofin Water & Power Opportunities PLC/fund, ECWO, (1.6875),  Henderson Smaller Companies Investment Trust PLC/The, HSL, (3),  Medicx Fund Ltd, MXF, (1.45g),  Picton Property Income Ltd, PCTN, (.75),  Utilico Emerging Markets Ltd, UEM, (1.525g)
S&P 500 Reporting: CBS Corp, Q4, 0.759,  CenturyLink Inc, Q4, 0.589,  Cisco Systems Inc, Q2, 0.458,  Deere & Co, Q1, 1.53,  Dr Pepper Snapple Group Inc, Q4, 0.841,  Equifax Inc, Q4, 0.911,  Hospira Inc, Q4, 0.498,  Lorillard Inc, Q4, 0.851,  MetLife Inc, Q4, 1.295,  Mondelez International Inc, Q4, 0.439,  NetApp Inc, Q3, 0.71,  NVIDIA Corp, Q4, 0.222,  Whole Foods Market Inc, Q1, 0.44
Euro Stoxx 600 Reporting: Boliden AB, R, 4.765,  Corio NV, R, 2.623,  Edenred, R, 0.877,  Heineken Holding NV, R, 3.03,  Heineken NV, R, 2.777,  ICA Gruppen AB, R, 8.98,  ING Groep NV, R, 0.884,  JM AB, R, 13.206,  Komercni Banka AS, R, 329.377,  Modern Times Group AB, R, 18.729,  Norsk Hydro ASA, R, 0.718,  Reckitt Benckiser Group PLC, R, 2.649,  Sampo, R, 2.542,  Smurfit Kappa Group PLC, R, 1.175,  Societe BIC SA, R, 5.206,  Societe Generale SA, R, 3.174,  Storebrand ASA, R, 4.955,  Telecity Group PLC, R, 0.358,  Telenor ASA, R, 9.398,  Total SA, R, 4.866,  Tullow Oil PLC, R, 0.452,  Yara International ASA, R, 24.664
Economic Data:
  • 10:00 Eurozone December Industrial Production, -0.5% exp. 1.8% previous
  • 19:00 US January Monthly Budget Statement, -$25.5bn exp.
Economic Events:
  • Bullard speaks in New York
  • Draghi speaks in Brussels
  • MSCI Quartelry Index Review
Thursday February 13, 2014
UK Reporting: Amec Plc, AMEC, e, (CC), Amec Plc, AMEC, (R), Anglo Pacific Group Plc, APF, e, (R), #N/A Invalid Security, BRNAGBX, (SM), Easyjet Plc, EZJ, (SM), Halma Plc, HLMA, (R), Helical Bar Plc, HLCL, (R), Imi Plc, IMI, (SM), Imperial Tobacco Group Plc, IMT, (R), Imperial Tobacco Group Plc, IMT, (R), Lancashire Holdings Ltd, LRE, (R), Lancashire Holdings Ltd, LRE, e, (CC), Lloyds Banking Group Plc, LLOY, (R), Lloyds Banking Group Plc, LLOY, e, (CC), Morgan Advanced Materials Pl, MGAM, e, (CC), Morgan Advanced Materials Pl, MGAM, (R), New World Resources Plc-A Sh, NWR, e, (CC), New World Resources Plc-A Sh, NWR, (R), Oxford Instruments Plc, OXIG, (R), Rio Tinto Plc, RIO, (R), Rolls-Royce Holdings Plc, RR, e, (CC), Rolls-Royce Holdings Plc, RR, (R), Shire Plc, SHP, (R), Shire Plc, SHP, e, (CC), Svg Capital Plc, SVI, e, (CC), Svg Capital Plc, SVI, (R), Tate & Lyle Plc, TATE, (SM)
S&P 500 Reporting: Agilent Technologies Inc, Q1, 0.661,  American International Group Inc, Q4, 0.962,  Apache Corp, Q4, 1.821,  Applied Materials Inc, Q1, 0.225,  Avon Products Inc, Q4, 0.297,  BorgWarner Inc, Q4, 0.711,  Cliffs Natural Resources Inc, Q4, 0.805,  Discovery Communications Inc, Q4, 0.898,  EQT Corp, Q4, 0.684,  Goodyear Tire & Rubber Co/The, Q4, 0.63,  International Flavors & Fragrances Inc, Q4, 0.906,  Kraft Foods Group Inc, Q4, 0.617,  Molson Coors Brewing Co, Q4, 0.723,  Nielsen Holdings NV, Q4, 0.705,  PepsiCo Inc, Q4, 1.004,  Starwood Hotels & Resorts Worldwide Inc, Q4, 0.7
Euro Stoxx 600 Reporting: ABB Ltd, R, 1.401,  Aker Solutions ASA, R, 5.219,  AMEC PLC, R, 0.842,  Aurubis AG, Q1, -0.032,  BNP Paribas SA, R, 4.501,  Commerzbank AG, R, 0.31,  Electricite de France, R, 1.871,  Eni SpA, R, 1.268,  FLSmidth & Co A/S, R, 18.433,  Gerresheimer AG, R, 2.644,  Holmen AB, R, 8.927,  Hufvudstaden AB, R, 6.613,  Imerys SA, R, 3.88,  KBC Groep NV, R, 2.746,  Lancashire Holdings Ltd, R, 1.143,  Legrand SA, R, 2.057,  Lloyds Banking Group PLC, R, 0.053,  Nestle SA, R, 3.419,  Pernod Ricard SA, S1, 3.147,  Petroleum Geo-Services ASA, R, 1.204,  Publicis Groupe SA, R, 3.576,  Renault SA, R, 3.86,  Rexel SA, R, 1.168,  Rio Tinto PLC, R, 5.197,  Rolls-Royce Holdings PLC, R, 0.669,  Schibsted ASA, R, 6.448,  Shire PLC, R, 2.426,  Telenet Group Holding NV, R, 1.506,  Trelleborg AB, R, 7.409,  Zurich Insurance Group AG, R, 28.189
Economic Data:
  • 00:01 UK January RICS House Price Balance, 57% exp. 56% previous
  • 13:30 US January Retail Sales, 0.0% exp. 0.2% previous
  • 13:30 US February Initial Jobless, 330k exp. 331k previous
Economic Events:
  • None Scheduled
Friday February 14, 2014
UK Reporting: Anglo American Plc, AAL, (R), Bluecrest Allblue Fund Ltd, BABS, (SM), Coca-Cola Hbc Ag-Cdi, CCH, (R), Coca-Cola Hbc Ag-Cdi, CCH, e, (CC), Gcp Infrastructure Investmen, GCP, (R), Mckay Securities Plc-Ord, MCKS, (SM), Punch Taverns Plc, PUB, (SM), #N/A Invalid Security, RSEUSD, e, (CC), #N/A Invalid Security, RSEUSD, (R), Severn Trent Plc, SVT, (R)
S&P 500 Reporting: Campbell Soup Co, Q2, 0.729,  DTE Energy Co, Q4, 0.959,  Interpublic Group of Cos Inc/The, Q4, 0.585,  JM Smucker Co/The, Q3, 1.679,  Scripps Networks Interactive Inc, Q4, 0.972,  Ventas Inc, Q4, 1.056,  VF Corp, Q4, 0.84
Euro Stoxx 600 Reporting: Anglo American PLC, R, 1.85,  Coca-Cola HBC AG, R, 0.802,  Eutelsat Communications SA, S1, 0.745,  GN Store Nord A/S, R, 5.015,  Investment AB Kinnevik, R, 22.433,  Schindler Holding AG, R, 5.337,  ThyssenKrupp AG, Q1, -0.016
Economic Data:
  • 10:00 Q4 GDP 0.3% exp. 0.1% previous
  • 14:15 US January Industrial Production, 0.3% exp. 0.3% previous
  • 14:55 US Univ. of Michigan Confidence, 80.5 exp. 81.2% previous
Economic Events:
  • None Scheduled
Reminder:
  • US Market Holiday on Monday February 17th - Presidents Day
Contact Us
  • +44 20 7894 8883
  • sales@cantorcapital.com
Footnotes
  • Times given are UK Local Time, (GMT or GMT +1 during BST)
  • Dividends:- net prices are given as default, however where applicable gross dividends are detailed (g)
  • UK Results Key:- est, UK earnings estimates when available, (CC) Conference Call, (Pr) Press Event, News Conference, (R) Results, Interims/Finals, (SM) Shareholder Meeting,  (Oth) Other Event
Regulatory Disclaimer
This market commentary note (“note”) has been issued by Cantor Fitzgerald Europe (“CFE”), which is authorised and regulated by the Financial Conduct Authority (“FCA”). Cantor Capital and Cantor Index are trading names of CFE. This note is defined by the FCA as a marketing communication. This note has been prepared and distributed for information purposes only and represents the personal views and opinions of the sender. This note is not “investment research”, a “research recommendation” or a product of the Research Department. Please be aware that the CFE Research Department may issue a formal recommendation and target price on the stocks mentioned, which may differ from the opinion given here.  This note may contain information obtained by CFE from third parties; the source of information will usually be disclosed.  CFE makes no representation and gives no warranty as to the accuracy or completeness of the contents of this note. Any person placing reliance upon this note does so at their own risk. Investors should consider this note as only a single factor in making their investment decision. The investment discussed in this note may be unsuitable for investors depending on their specific investment objectives and financial position. CFE, its officers, employees and affiliates shall not be liable to any person in any way whatsoever for any losses, costs or claims howsoever arising from any inaccuracies or omissions in this note or any reliance on this note. The recipient is strongly recommended to see independent legal, tax and financial advice. Past performance is not necessarily a guide to future performance. Income from investments may fluctuate. The price or value of the investments to which this note relates; either directly or indirectly, may fall or rise against the interest of investors.
This note should not be considered to be a solicitation nor an offer of advice for the purposes of the sale or purchase of any security, investment or derivative.  The information contained in this note is not intended to form the basis of any investment decision and should not be considered a recommendation by CFE or any other person in relation to any of the companies, stock, commodities, currencies or other markets mentioned / referred to in this note. All the information contained herein is based upon information available to the public and has been obtained from sources believed to be reliable. However, the information contained in this note has not been verified by CFE and CFE undertakes no obligation to provide recipients of this note with any additional information or any update to or correction of the information contained in this note. This note is provided by CFE and may be forwarded unamended and in its entirety. This note may not be used in whole or in part to create any other work. All rights reserved.
FTSE International Limited (“FTSE”) © FTSE [2013]. “FTSE®” is a trade mark of the London Stock Exchange Group companies and is used by FTSE International Limited under licence. All rights in the FTSE indices and / or FTSE ratings vest in FTSE and/or its licensors. Neither FTSE nor its licensors accept any liability for any errors or omissions in the FTSE indices and / or FTSE ratings or underlying data. No further distribution of FTSE Data is permitted without FTSE’s express written consent.
CFE is authorised and regulated by the FCA under Firm Reference Number 149380.   CFE – The Financial Services Register Information: http://www.fsa.gov.uk/register/firmBasicDetails.do?sid=61341
Registered in England No. 02505767
Registered Address: 1 Churchill Place, London, E14 5RB
Risk Warning
Trading CFDs carries a high level of risk to your capital and is not suitable for all customers. Furthermore, margined products use leverage to increase the level of exposure to the product, and as a result your losses may substantially exceed your initial deposit and require you to make additional deposits at short notice. Prior to trading leveraged CFDs, you should carefully consider your investment objectives, experience and risk appetite and should not invest money that you cannot afford to lose.
Spread Bets are leveraged products placing your capital at risk. Losses can quickly exceed your initial deposit and thus require you to make additional deposits at short notice to maintain your positions. Leveraged products are not suitable for all customers. Please ensure you understand the risks involved before opening an account. You should ensure you fully understand the risks and seek independent financial advice if in doubt.
CFE provides an execution only service and does not offer investment advice.
These products are not intended for people under the age of 18 or for US residents.
The distribution of this note in other jurisdictions may be restricted by law and persons into whose possession this note comes should inform themselves about and observe any such restrictions. By accepting this note you agree to be bound by the foregoing instructions.

 

Risk WarningFull Risk Warning

Spread Bets are leveraged products placing your capital at risk. Losses can quickly exceed your initial deposit and thus require you to make additional deposits at short notice to maintain your positions. Leveraged products are not suitable for all customers. Please ensure you understand the risks involved before opening an account. Cantor Index provides an execution only service and does not offer investment advice. You should ensure you fully understand the risks and seek independent financial advice if necessary. These products are not intended for people under the age of 18 or for US residents.