2 mins. to read

14 Dec 2012

Cantor Opening Call
  • The FTSE is seen up 10 points higher today
Cantor Capital Graphs
UK Corporate Announcements
  • Punch Taverns states that its sees improved conditions in H2 and that its profit is in line
  • WHI Ireland announces group revenues gained to £25m, and that markets remain challenging and has cautious optimism for 2013
  • Laura Ashley states that gross margins marginally lower than last year
  • Moss Bros states that it has continued to trade well
UK Market News
  • RICS details that UK house price growth is expected to accelerate next year as levels of homebuilding fails to keep up with demand
  • S&P has cut its outlook on the UK to negative citing the weak economy
  • WHI Ireland stays in focus as it came off 24% yesterday as its chief executive unexpectedly resigns with immediate effect
  • Sainsbury’s details that it plans to keep its tills open for an hour after the official closing time on Sunday, December 23rd
  • The UK sells £2.5bn in Bills at 11:10
FTSE 100 Movers
FTSE 100 Movers Image
UK Analyst Upgrades
  • Ds Smith Enters Ubs Most Preferred Europe Forestry & Paper Shrs
UK Analyst Cuts
  • Imagination Technologies PT Cut to 400p from 430p at RBC Capital
UK Insider Buying
  • Amec Plc, (AMEC), 1 insider(s) bought 3100 shares, £10.25
  • Hargreaves Lansdown Plc, (HL/), 1 insider(s) bought 225000 shares, £7.15
  • Rsa Insurance Group Plc, (RSA), 1 insider(s) bought 20000 shares, £1.24
  • Unilever Plc, (ULVR), 1 insider(s) bought 2100 shares, £24.25
European Market Summary
  • UBS could face fines of over $1bn over the Libor fixing probes, over double what Barclays paid
  • The EU summit in Brussels has pushed back all major decisions over fiscal and economic integration until June
  • PPG announces that it buys AkzoNobel North American operations for $1.05bn
  • Alcatel announces it has secured €1.6bn in debt financing from Credit Suisse and Goldman
  • France Telecom’s CFO states that its stock is undervalued
Major US Stock Movers After Hours
  • Adobe gained 6% after hours as it announces Q4 numbers ahead of the estimates
  • Verifone the mobile payments company fell 7% in late trading as it detailed lower than expected quarterly numbers
  • NIC Inc gained 4% as it will replace OPNET Technologies in the S&P SmallCap 600

US Market News
  • In US politics the toxic nature of the arguments has caused Susan Rice to withdraw her name from consideration as President Obama’s next secretary of state
  • AVG Technologies announces it has teamed up with Yahoo! on secure search
Overnight Market News
  • The Japanese Tankan business confidence survey has fallen to its lowest level in almost three years
    PetroChina agrees to pay C$1.18bn to Encana for a 49.9% stake in an Alberta shale formation
  • India details new guidelines in stock market trading, as it looks to avoid issues seen in October last year where one broker placing erroneous trades was able to take 16% off the S&P CNX Nifty Index in under 10 seconds

Economic Data Due
  • 09:00 Eurozone December PMI Services, 46.7 previous
  • 10:00 Eurozone November CPI y/y, 2.2% exp.
  • 13:30 US November CPI, -0.2% exp. 0.1% previous
  • 14:15 US November Industrial Production, 0.3% exp. -0.4% previous
  • 14:15 US November Capacity Utilisation, 78.0% exp. 77.8% exp.
Economic Events
  • Walter Replaces Schapiro as US SEC Chairman
US Industrial Production

Take part in our poll

Of the stocks covered by Master Investor in the weekly Small Cap Round Up, which ones do you hold?

Comments (0)

Comments are closed.


Get real investment insights from some of the best minds in the business - with our free Master Investor Magazine.