S&P Futures

US Stocks had a wild session with an early fall then the DOW rallied over 70 before falling again to end up only 11 on the day.

Amvescap awaiting data at 12:00 : It is due to unveil full-year figures but attention expected will focused on the US mutual funds scandal. The fund manager will reveal the damage done to its reputation from the US Invesco unit

BOC Group beat forecasts with a 26 percent rise in first quarter pre-tax profit and said it was starting to see the benefit of improving global trading conditions. Profit rose to 116.7 million pounds from 92.3 million last year compared with forecasts around 109 million.

Carpetright reported a strong rise in Christmas sales and said it was increasing profits on the year before. Like-for-like sales rose 4.6 percent in the 13 weeks to January 31, with gross margins level on the year.

Chorion the owner of children's character Noddy, said it had rejected a proposed 43.5 million pounds approach by rival media company Entertainment Rights

Henlys manufacturing said it expected annual earnings to be well below current market forecasts due to poor orders at its Blue Bird bus manufacturing division

Chrysalis radio said its revenues for the five months to January 31 were up 19 percent with trading in line with its expectations and 90 percent of Feb revenues were already booked,

DFS Furniture said it expected first-half pre-tax profit to fall from a year ago, as tough competition in the sector hits its earnings. The company added that the outlook for UK consumer spending appeared uncertain due to expected rises in interest rates and concerns about rising debt levels.

Amvescap (F), BOC (Q1), Carpetright (Trading) Capital Radio, Chrysalis, Imperial Tobacco (AGMs) Ex date of Wolseley ADR Stock Spilt, Terms are 3 shares for every 2 held

13:30 Car & truck sales, 5.8m, 9.10m prev. 15:00 Jan layoffs, 93.02 prev.

11:00 Dec PPI m/m, 0.1% prev. 11:00 Dec PPI y/y, 1.4% prev. 11:00 Jan unemployment, 8.8% prev.

Croc@SnappyTrader.com  WWW.SnappyTrader.com