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Traders Thread - Thursday 24th July (AZN)     

Crocodile - 23 Jul 2003 22:52

draw?period=1D&action=draw&startDate=10% draw?period=1D&action=draw&startDate=10%

Gold

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fpDJIA.gqplus?511 marketwatch-ss.img?symb=SP500 fpNASDAQ.gqplus?183

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S&P &Futures (Click for latest)

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Pre Market Futures (7:30)
FTSE +11
TechMark +2
DAX +10

Hang Seng +18

Chart

Nikkei +70

Chart

DOW +15
S&P +2
Nasdaq -0.5

 

News Headlines:    U.S. stocks managed a higher close led by gains in technology, as investors weighed mixed corporate earnings and forecasts before deciding to buy

Boots says its core chemist chain performed well in the first quarter, in line with expectations as promotions boosted sales. They achieved underlying sales growth of 4.6 percent compared with analysts' predictions of 3.0-5.5 percent growth and 3.6 percent reported in the fourth quarter. Profit margins were ahead of this time last year, as expected.

Legal & General has posted a slight rise in first half profits to 365 million pounds but surprised with a 2.6 percent increase to its dividend payout.

Cable & Wireless has reported first quarter revenues of 974 million pounds, down two percent on the previous quarter . C&W said on Thursday a flat revenue performance in Britain was better than expected, though it was offset by decline in the Caribbean

Scottish Power has announced a forecast-beating 34 percent rise in first quarter profits boosted by improved performance at each of its four divisions

MFI has reported a 19 percent rise in half year profits, as store refurbishments boosted sales, and says it is confident over its full year prospects. Pre-tax profits, before exceptional items, for the 24 weeks to June 14 rose 18.7 percent from a year ago to 54.5 million pounds.

Astra Zeneca . Awaiting data

Calendar

All GMT

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

Thu 24th

AstraZeneca (Q2) PBT $806m exp. Capita Group (I) PBT 53m exp. Legal & General (I) PBT 394m exp. Royal Dutch/Shell (Q2) $2928m exp Scottish Power (Q1) PBT 168.9m exp. Daejan Holdings (F), MFI Furniture (I), Renishaw (F)

Cable & Wireless Trading Statement Boots Trading Statement

09.30 UK June Retail Sales

US: Lockheed Martin (Q2), Nortel (Q2)

13.30 US Initial Jobless Claims (w/e 19/07) 415k exp

 

Merck (Q2), Siemens (Q3), KLM (Q1)

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

Bloomberg TV          

Pivot Calculator

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Druid2 - 24 Jul 2003 07:52 - 4 of 4

Morning all - Thanks Croc & PB. Could be a volatile day today.
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