AFX UK at a glance share guide - 3

MARKETS
Tokyo: Nikkei 11,031.41 down 17.70
Hang Seng closed

BREAKING NEWS - MONDAY
* Bid to cut curbs on foundation hospitals - FT
* Sir Roy Gardner, chief executive of CENTRICA, vows to sever his ties with JP Morgan Chase, following the investment bank's role in financing Malcolm Glazer's 790 mln stg takeover of MANCHESTER UNITED - FT
* A plan to raid an 18-year-old strike fund to pay for a campaign to restore national collective pay bargaining in the engineering industry launched by Amicus - FT
* DX Services breaks Royal Mail's pillar box monopoly - FT
* David Montgomery, the former national newspaper editor and Mirror Group chief executive, raising 216 mln stg to invest in media and communications companies through MECOM, his newly listed investment vehicle - FT
* Constellation Brands could struggle to raise billions of dollars of cash in the capital markets to fund a potential offer for the UK's ALLIED DOMECQ as sentiment in the junk bond markets deteriorates - FT
* BHP BILLITON pulls out of a 5.4 bln stg iron ore and steel joint venture with South Korea's Posco in India after refusing to accept financial conditions laid down by the local goverment - FT
* GLAXOSMITHKLINE says its experimental breast cancer pill Lapatinib shrank tumours in some women by at least 30 pct during tests - Telegraph
* Safilo, one of the world's largest eyewear producers, being groomed for a stock market flotation that could value the business at more than 1.4 bln stg - FT
* Rightmove says house sales are at a 10-year low - Guardian
* HBOS offering to foot a 25 mln stg-plus bill to help MG and Rover dealers clear a backlog of 15,000 unsold cars, worth 165 mln stg, which were left in limbo following the collapse of the Birmingham-based car maker last month - Telegraph

MONDAY PRESS COMMENT
FT
THE LEX COLUMN comments on US IPOs, Asian telecoms, Distributable reserves
Independent
Small Talk: Stephen Foley comments on EASIER, INFLEXION (will announce a strong set of annual figures on Thursday), ASOS (word that a bullish statement is on the way), CHROMOGENEX (the laser skin care group will today signal its intention to float)
Express
THE INVESTMENT STRATEGIST: Hilary Cook, director of investment strategy at Barclays Stockbrokers, says if you want to invest in a share that looks good on fundamentals with the potential to attract bid speculation, take a look at o2; says STANDARD CHARTERED would be a beneficiary of a Chinese yuan revaluation

Morning all.

Morning all.