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Traders Thread & Thoughts - Monday 16th June (BA.)     

Crocodile - 15 Jun 2003 11:19

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Gold

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S&P &Futures (Click for latest)

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Pre Market Futures (7:30)
FTSE -9
TechMark -2
DAX -11

Hang Seng -16

Chart

Nikkei -140

Chart

DOW -27
S&P -2.7
Nasdaq -4.5

 

News Headlines:     

BT: to make savings of 1 Billion pounds per year by 2009.BT also intends to build upon its 1 million broadband customers, targeting 5 million customers by 2006, equating to around GBP1billion of profitable revenue annually.

Aggregate Industries: Says the UK outlook is strong but the US trading is lower than expected due to weather conditions in the US . A long Winter and wet Spring.

The chief executive of BAE has poured cold water on speculation it is in merger talks with big defence companies in the United States.

Airbus says it will pass Boeing as the Worlds largest plane maker.

Xstrata has won approval from the Queensland Supreme Court to go ahead with a A$3.4 billion takeover of Australian miner MIM Holdings. ROLLS ROYCE, GKN, SMITHS GROUP The Times newspaper said aeroengine maker Rolls Royce is expected to be a contender to supply engines to Airbus, which told a newspaper it had won a multi-billion dollar order for 41 passenger jets from Dubai-based airline Emirates. Engineering groups GKN and Smiths Group are also set to benefit, the paper added. CORDIANT CRI.L France's Publicis PUBP.PA is set to take control of Cordiant, beating an offer from industry giant WPP , the Independent newspaper reported on its Web site on Sunday.

Majestic Wine annual profit increased by 37.9% to 8.34m, Total sales up 20.1% to125.7m. The Final dividend of 8p net per share, bringing the total dividend to 11p net. The CEO said " I am very pleased to report that we have achieved our tenth consecutive year of record profits and successfully relaunched our French business as Wine and Beer World"

Financial Diary

All GMT

ukf.gifUnited Kingdom (F)inals (I)nterim usf.gifUnited States (Click Flag) euro.gifEurope & World

Mon 16th June

Reports / Data

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Wyndeham Press (F) PBT 7m exp. Express Dairies (F), Majestic Wine (F), Mckay Securities (F), Parkman Group (F)

AWG (AWG) Return of Capital ex date, terms are 132.4p per share. AWG Consolidation ex date, terms are every 250 existing ordinary shares will be consolidated into 201 new ordinary shares (ratio 0.804:1) Chaucer Holdings (CHU) reorganisation ex date

UK RICS monthly house prices (23:30)

13.00 June Empire State Index 9.5 exp. 18.00 June NAHB Housing Market Index

 

Good Trading!   David@FTSEDOW.com    www.FTSEDOW.com

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Crocodile - 16 Jun 2003 07:37 - 4 of 5

Morning All ..

little woman - 16 Jun 2003 09:17 - 5 of 5

Morning Croc, another interesting week ahead!
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