S&P Futures

G7: Chancellor Gordon Brown says the British and U.S. economies are picking up strongly but he has warned that the euro zone needs radical economic surgery if it was to share in the world recovery

Vodaphone confirms it is considering an offer of 37 Billion dollars for AT&T wireless. Even with the sale of Verizon for 20 Billion it will leave them with a 17 Billion funding gap. These concerns have led to the recent weakness in VOD.

British Airways posted a third-quarter profit of 125 million above analysts average forecast of 94 million near the top of the forecast range but said security issues were still having some impact on forward bookings.

PSION, Is disposing of its Symbian stake for approx 135 million pounds to Nokia. This works out some 215p a share so with the share price of PSION being 95p except fireworks!

Eurotunnel posted a 1.9 billion euro net loss due to big write downs, and said it had proposed significantly cutting access rates for train operators to boost traffic but to do this it would need a more stable financial structure.. Operating profit fell to 248 million euros from 326 million euros.

Bloomsbury is set to launch the paperback version of the latest chronicles of Harry Potter, on July 10.

 Albemarle & Bond (I), British Airways (Q3) Cambridge Antibody Technology (Q1) Albemarle & Bond (I), Cambridge Antibody Technology (Q1), Diagonal (F), Eurotunnel (F), Royalblue (F),

ScS Upholstery (EGM), Jan PPI (09:30)

Dec house prices (00:01), Dec industrial production (09:30)

Hasbro (Q4)

3.00pm Wholesale Inventories

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