Outlook

AFX UK at a glance share guide - 2

MARKETS
FTSE 100 5,242.4, up 10.2
FTSE 250 7,567.4, up 48.7
DJIA 10,519.70, up 70.60
Nasdaq Comp 2,135.43, up 22.55
S&P 500 1,219.45, up 7.60
Tokyo: Nikkei closed at 11,692.14, up 17.35
Hang Seng midday 14,161,80, up 4.56
Gold 426.12 usd (423.25 usd)
Oil - Brent Aug 57.44 usd (58.20 usd)

BREAKING NEWS
* Blair to fast-track security laws; legislation could be speeded up; main parties unite in condemnation of bombers; PM promises 'intensive' manhunt - FT
* Shareholder fury as Crawford quits Morgan Stanley with 32 mln usd package - FT
* Racing raw material costs hit ailing manufacturing sector - FT
* BSKYB parts company with Trevor East, a key figure behind its successful sports strategy - FT
* Prospect of an imminent formal bid for SOMERFIELD recedes as insiders say an offer before August is unlikely - FT
* Mitsubishi Heavy Industries seeking a Japanese and American partner in its 1 bln stg bid to buy the US nuclear power plant company Westinghouse from British Nuclear Fuels - FT

PRESS COMMENT
FT
THE LEX COLUMN comments on ASSOCIATED BRITISH FOODS (cutting down on sugar could well prove good for ABF's health), DreamWorks (perhaps, one day, a sale of the entire company will prove the best exit route for early investors), Morgan Stanley (now would be a good time for institutional investors to assert themselves and call for new blood in the boardroom), Germany - ST MODWEN (look fully priced) - TAKING STOCK: Erratic weather helps garden centres thrive (BLOOMS OF BRESSINGHAM, DOBBIES, WYEVALE, BLACKS LEISURE)
Mail
MONEYBOX (word is that rival CARDPOINT will announce a 46 pence-a-share offer) - HOTGROUP (whispers suggest TRINITY MIRROR is close to tying up an agreed deal) - HUVEAUX (rumours of bid approach) - BOND INTERNATIONAL (MATALAN sings praises of Adapt, Bond's leading high-end staffing software)
Telegraph
QUESTOR: ASSOCIATED BRITISH FOODS (one to keep in the cupboard), MOUCHEL PARKMAN (too rich to buy at these levels), SEVERFIELD-ROWEN (hold on)
Express
SHARE WHISPER: CIRCLE OIL (speculation that acquisitions are in the pipeline) - WHO'S DEALING: ANTISOMA (boardroom buying)
Times
RUMOUR OF THE DAY: SERVICE POWER TECHNOLOGIES (murmurs of further US contract wins) - DIRECTORS' DEALINGS: CATLIN GROUP (director buys 10,000 shares at 403 pence and 407) - TEMPUS: ASSOCIATED BRITISH FOODS (hold), BAA (a monopoly stock to hold through good times and bad), ST MODWEN (hold)
Guardian
CYBERSCAN TECHNOLOGY (start trading at 611 pence this morning) - COMMODITRADE (believed to be in talks with Sucden (UK), the futures and commodity broker)
Independent
THE INVESTMENT COLUMN: UNILEVER (look fully valued), MOUCHEL PARKMAN (continues to look one of the best placed companies in its sector), ULTIMATE LEISURE (hold) - WOOLWORTHS (vague talk of renewed bid interest)

Afternoon All,

I like the new charts