NIKKEI	AUSTRALIA	SHANGHAI	HANG SENG

Good morning traders!

In Asia today, the Hang Seng ended the morning session down 34.85 points at
20,944.39, while the Nikkei reached the midpoint down 121.71 points at 17,556.23.

New York's main oil futures contract, light sweet crude for delivery in June, was up
18 cents at $62.64 a barrel from $62.46 in US trading overnight.

Happy trading!

G.

OUTLOOK Enterprise Inns REIT seen unlikely alongside H1OUTLOOK VT Group to update on progress with shipbuilding JVOUTLOOK Vivendi Q1 opg profit flat; pay-TV, games, Maroc Tel offset SFR, musicAsian economic and corporate news summaryAsian markets summarySTOCKWATCH - China's BoComm opens up 79.75 pct on Shanghai debut

AV. buy - target 1150 - Deutsche Bank
AZN reiterated reduce - Dresdner Kleinwort
BBY downgraded to add from buy - target 520 from 511 - ABN Amro
CHS reiterated add - target 161 from 178 - ABN Amro
GSK downgraded to neutral from sell - Goldman Sachs
INF downgraded to equal-weight from overweight - Morgan Stanley
SRP downgraded to neutral from buy - Merrill Lynch
ULVR downgraded to hold from buy - Deutsche Bank

STOCKWATCH GlaxoSmithKline upgraded to 'neutral' from 'sell' by Goldman SachsThe Tuesday Press Roundup

BAB upgraded to buy from hold - Citigroup
SBRY sell - Citigroup

London shares outlook - Weaker; NY mixed; M&A offset by inflation data fears

STOCKWATCH Unilever, Nestle and Danone cut to 'hold' from 'buy' at Deutsche

Morning all.

Tokyo shares close lower on disappointing machinery ordersThomson Financial UK at a glance share guide

Australian shares close lower on mixed Wall St, metal prices

STOCKWATCH Fortis downgraded to 'hold' from 'buy' at Petercam; target 37 eur

STOCKWATCH Enterprise Inns maintain 'buy' by Deutsche Bank, tgt 860p vs 790pAustralian shares close lower on mixed Wall St, metal prices - UPDATE

BVIC upgraded to buy from hold - target 425 from 335 - Citigroup
ETI target upped to 860 - Deutsche Bank
PXC initiated at neutral - target 15 - Goldman Sachs
TAN initiated at overweight - target 160 - Morgan Stanley

First Day of Dealings on AIMUK smallcap opening - Turbo Power up as Q1 losses cut by 25 pct; further order

Tokyo shares close lower on disappointing machinery orders - UPDATEUK smallcap opening - Screen FX ticks up on strategic alternatives move

STOCKWATCH Reuters higher after agreed takeover by Thomson, brokers positiveUK smallcap opening - Honeycombe Leisure resume lower after Cain deal

STOCKWATCH Reed higher on educational division sale; ABN Amro 'buy', tgt to 795pUK smallcap opening - Slimma lower on FY sales warning; reduced H1 profit & div

Good morning all

UPS (Added by Master RSI on Tue 15 May 08:33 am)

GAR - Mid 6.375p
Reason - Late last month the company announced a sharp rise in full-year pretax profits and said its prospects remain good, on a PE of 5 on what looks very cheap. Tight Bolinger Bands ready to explode and positive MACD on the Chart



Some good size trades ( over NMS ) are taking place for the last few days and today are on a very tight spread

online buys at 6.40p and sells at 6.29p, yet narrower

STOCKWATCH Enterprise Inns firmer on strong H1 results; brokers upbeatUK smallcap opening - Western & Oriental dips on 14.4 mln stg fundraisingUK smallcap opening - Zytronic down on FY profits warning; lower interims