Morning all on this nice sunny morning. Hoping it will be an UP day today.

AFX UK at a glance share guide - 2

MARKETS
FTSE 100 4,884.2, down 2.3
FTSE 250 6,805.5, up 10.5
DJIA 10,252.30, up 112.20
Nasdaq Comp 1,994.43, up 17.65
S&P 500 1,165.70, up 11.65
Tokyo: Nikkei closed at 10,825.39, down 121.83
Hang Seng midday 13,652.65, down 214.16
Gold 419.25 usd (420.60 usd)
Oil - Brent June 48.05 usd (48.66 usd)

BREAKING NEWS
* New rules on equity release; government plans to bring property schemes under FSA regulation; homeowners to be compensated in event of mis-selling - FT
* Florida jury orders Morgan Stanley to pay tycoon Ronald Perelman 604 mln usd over Sunbeam fraud - FT
* Glazer debt may hit 894 mln stg - FT
* Lord Hollick waives bonus - FT
* Voting advisory service Pensions Investment Research Consultants urging WILLIAM MORRISON SUPERMARKETS investors to oust Sir Ken Morrison as the supermarket chain's executive chairman - FT
* Association of British Insurers stands shoulder to shoulder with Sir Ken Morrison
* WILLIAM HILL to buy STANLEY LEISURE's 624 betting shops for 504 mln stg cash
* A golf club has decided to go to court rather than pay a fee to HAYS, the recruitment group, because it is so "appalled" at the service it received - Independent

PRESS COMMENT
FT
THE LEX COLUMN comments on MANCHESTER UNITED (fans are talking of a boycott; the football club's buy-out could eventually provoke a similar rejection among financiers), UK gambling, Gulf stock markets, Telefonica - ROBERT WISEMAN DAIRIES (Hopes that First Milk will build a bigger stake may underpin them) - CAMBRIDGE ANTIBODY TECHNOLOGY (abandoning the target may enable it to make the most of its alliance with ASTRAZENECA in the longer term)
Independent
THE INVESTMENT COLUMN: UNITED BUSINESS MEDIA (worth holding to see how Levin does), GAMING CORPORATION (buy), CARDPOINT (a buy, but not without risk)
Guardian
ARTEMIS ALPHA TRUST (its second biggest holding is a 3.2 pct stake in WHITE NILE) - NAPIER BROWN FOODS (absence of an update on bid talks could be ominous)
Times
DIRECTORS' DEALINGS: GAMING CORPORATION (chairman picks up 350,000 shares at 13-1/2 pence) - TEMPUS: DCC (buy), CAMBRIDGE ANTIBODY (avoid), RM (buy)
Telegraph
ACTIF GROUP (takeover talk) - QUESTOR: DCC (should be some upside left in the shares), ROBERT WISEMAN DAIRIES (worth hanging on to), RM avoid for now)
Express
REXAM (hopes for a business boom from a summer heatwave) - SHARE WHISPER: EUROVESTECH (stake in ToLuna, which is to float on AIM) - WHO'S DEALING: ULTIMATE FINANCE (directors buy stock)
Mail
ADMIRAL (fears of increased competition) - DESIGNER VISION (talk of an imminent placing at 6-1/2 pence to raise around 500,000 stg)