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US Stocks tumbled Tuesday for the seventh session in eight. The Nasdaq finished down 27.86, the Dow Jones down 86.67 and the S&P down 9.48.InterContinental Hotels posted a 13 percent rise in third-quarter profits on Wednesday but painted a mixed picture of an upturn in the worldwide hotels market.

EMI Group posted higher than expected first-half pre-tax profits and sales and said talks with media giant Time Warner to acquire the Warner Music recorded music business were progressing well.

News will be posted at approx 7:35am

Land Securities posted an estimate beating 15.7 percent rise in pre-tax profits and said it saw positive signs on the horizon for its London portfolio.

EMI (I), Land Securities (I) J Sainsbury (I), Northumbrian Water (I) Wyndeham Press Group (I),  Intercontinental Hotels Group (Q3)Eleco (Update), Govett Strategic Trust (Update) Hays (Update), Texas Oil & Gas (Update)

Bank of England publishes minutes of Monetary Policy Committee meeting

Hewlett-Packard

1:30 Building Permits Oct - 1.860M 1:30 Housing Starts Oct - 1.865M

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