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US stocks were volatile as the Bulls & Bears tried to balance strong earnings results against worries about rising interest rates. Mitie Group cleaning & maintenance of said that trading & growth was in line with expectations. It also said that it had won 25-year contracts worth 100 million pounds to provide services in UK schools, Canary Wharf 1.7 billion pound enters its final day today for bidders to make any final offers. Corus Group said it opposed plans by the major Russian shareholder Usmanov's to nominate a member to the firm's board, adding there were signs its business plan was working

Calendar: United Kingdom	United States (GMT)	Europe & World (GMT)
Communisis (AGM), Lavendon Group (AGM), Mittie (Trading) 08:30 Uk Labour Market Report	13:30 Building Permits Mar 1905K 13:30 Core PPI Mar 0.1%,  PPI Mar 0.4% 13:30 Housing Starts Mar 1900K 13:15 Capacity Utilization 76.8% 13:15 Industrial Production Mar 0.4% 13:45 Michigan Sentiment-Prel. Apr 97.0

Data Download	Calendar	US Zone	HTML Edit		Currency Calc			Broker Upgrades	Director Dealings
David@SnappyTrader.com    www .SnappyTrader.com		Pre Market Futures	FTSE Unch	DAX Unch	DOW +9	S&P +1.7	NAS Unch	Tips & Recommendations

Jarvis [JRVS] am I the only one to wonder at their wisdom?...(news Times Rumour)... they have invested 45m in the Underground consortium AND now want out - to sell for maybe 22m - what if they only get 16m? Is this a fire sale or what?
If you are not serious with investment (for the future, etc) then why waste time and shareholder's money in the first place. If you see a future in Rail (underground looks set for years of up-grading to my mind!)- then you have to get-in AND stay in.
This "shifting their ground" is a demonstration of short-term management that is big on cost, but small on value.
Will this Fire-Sale make any real difference to the Debt - it sure will stop any lucrative Underground contracts (-If management knows how to negotiate!)

With Jarvis' debt looming, are we about to witness another Marconi/Mayflower Management foul-up? Just what do we pay for these monkeys, I thought it was in Bullion, not peanuts.
Let's have Value Management. SOON.

Hangon - as you put it "news Times Rumour"

This bit is supposed to be confirmed by Jarvis "that the refinancing of Tube Lines' 2 bln stg bank debt was close. It will use the cash to help to reduce debts of almost 120 mln stg. Jarvis is also hoping to sell half its stake in Tube Lines"

Notice the words "sell half" - thats why the journalist (not Javis) came up with the 22m figure!

Suggest you re-read the article and not jump to conclusions

well done little woman and croc, wish i'd had your ahem balls! missed out on jarvis thought bad press would hurt it again today, oh well back to earning pennies.

I must admit, with L2 I could see so many people going short, who I knew would have to buy the share back - so when the share dipped below 130 yesterday, I noticed it was starting to get very strong support, so grabbed my chance. First thing was a bit worrying - the support was there, but I could see that some still wanted it to drop, but they didn't succeed and the share went back up.

Of course that's ignoring everything, like charts, fundamentals & news!

We were just lucky LW :-)

To any TAD holders just announced on Bloomberg MCI coming out of Chapter 11 on tuesday next week
just added 200k @ 17 cud/will be a very good week next week fer tad holders

Have a good weekend!
D,