UPS (Added by Master RSI on Wed 29 Mar 08:44 am)

UPS
BVC 27 -27.50p
Large drop since results were still losses but well recovering after a few good contracts. Strong drop late yesterday and follow this morning now recovering, L2 strong order book on the bid side

bollinger bands, MACD

London shares - midmorning features

LONDON (AFX) - FTSE 100 risers

BG Group 740xd up 36-1/2
Talk of 900 pence-a-share bid from Exxon
Compass Group 236-3/4 up 6
Citigroup ups target to 240 pence from 195; Morgan Stanley 'overweight'
J Sainsbury 336 up 9
Sales rise for fifth straight quarter
InterContinental Hotels 922 up 21-1/2
UBS 'buy' from 'neutral' with target upped to 1,130 pence from 930
Marks & Spencer 558 up 8
SG reiterates 'buy' & ups fair value by 15 pct to 554
Next 1,659 up 19
Recent DKW 'buy'
GUS 1,081 up 11
JP Morgan ups target to 1,070 pence from 1,010
Scottish & Southern Energy 1,135 up 1
'Overweight' & switch from Scottish Power - JP Morgan
GlaxoSmithKline 1,517 up 5
UBS 'buy' with 1,700 pence target
Vodafone 122-1/2 up 3
SG 'buy' with 152p fair value

FTSE 100 fallers

Tate & Lyle 576 down 10
EU sugar reform impact; Merrill keeps 'sell'
William Morrison Supermarkets 192-3/4 down 2-1/4
Sainsbury competition threat
ITV 125-1/2 down 1-1/4
Awaiting bid developments
Carnival 2,826 down 14
Ship fire will impact FY earnings
Scottish Power 579-1/2 down 4-1/2
'Underweight' from 'neutral' - JP Morgan
Smith & Nephew 513-1/2 down 1
Credit Suisse cuts estimates

FTSE 250 risers

Hikma Pharmaceutical 412 up 22
FY profits up 9 pct; Merrill reiterates 'buy' with 440 pence target
Invensys 21-1/2 up 1/2
Company agrees funding plan with UK pension fund trustee
Dairy Crest 484-1/2 up 9-3/4
Company sees FY in-line with expectations; Panmure 'buy' with 550p tgt
Barratt Developments 1,094-1/2 up 19-1/2
Upbeat stmnt with H1 results; Bridgewell/Merrill/Williams de Broe positive
Wolverhampton & Dudley Breweries 1,249 up 17
Trading in 24 weeks to March 18 in line; Bridgewell/KBC/Altium positive
Luminar 578-1/4 up 7-1/2
With Wolverhampton & Dudley
Tullow Oil 353 up 4-1/4
Bumper 2005 earnings; Merrill Lynch 'buy'; KBC reiterates 'buy' & ups ests
Woolworths 35-1/2 up 1/2
FY results; KBC Peel Hunt 'buy'
FirstGroup 418-3/4 up 7-1/4
Overall FY trading in line with co expectations; Panmure 'buy' with 480p tgt
Mitchells & Butlers 495-1/2 up 3
KBC Peel Hunt 'buy'

FTSE 250 fallers

Isoft Group 158-1/4 down 18
Accenture takes 450 mln usd charge related to NHS contract
Associated British Ports 716 down 15
Awaiting further bid news
Drax Group 723 down 3
UBS 'reduce' with 455 pence target
Minerva 315 down 5-1/4
Profit-taking
Crest Nicholson 526-1/2 down 7-1/2
Bid hopes fade; 'hold' from 'buy' with 520 pence target - Panmure
Greene King 759 down 4-1/2
'Hold' from 'buy' - Panmure Gordon
EMAP 886-1/2 down 1/2
Goldman Sachs & Lehman cut estimates; Deutsche Bank cuts tgt to 885p

Other risers

Millfield 10.75 up 2.38
Bid approach
Computerland UK 154-1/2 up 18
Upbeat trading statement
Nexus Management 0.67 up 0.07
Product launch
RPC Group 258 up 6
H2 trading broadly in line; Panmure 'buy' & 300p tgt
Macfarlane Group 42-3/4 up 3-1/4
Swing to FY profits disclosed yesterday
Scott Tod 13-1/4 up 3/4
Rally after widening H1 losses
Independent Resources 56 up 3
Positive data from Rivara
Robotic Technology 65-1/2 up 3-1/4
Swing to FY profits; Teather & Greenwood 'buy'
Clarkson 845 up 40-1/2
Record FY profits
SWP Group 72 up 2-1/2
Swing to small profit at half-way mark
Yoomedia 4.87 up 0.37
Convertible loan issue; Seymour Pierce 'buy'
Cashbox 25-1/2
New issue, placed at 20

Other fallers

Fibernet Group 61 down 5-1/4
FY profits warning; Bridgewell 'neutral'; DKW tgts 58p & cuts ests
32Red 146-1/2 down 12-1/2
5.3 mln stg placing at 140 pence
Vislink 56-1/2 down 2-1/2
Profit-taking after swing to FY profits
Telspec 10 down 1/2
Almost doubled FY losses
HR Owen 142-1/2 down 6-1/2
Swing to FY losses
NWD Group 1.39 down 0.08
Profit-taking after yesterday's refinancing news

Midday Market Summary

       LUNCH TIME FUN

End-of-day Market Summary

Ofex CDE was moving higher late this afternoon after losing ground lately

           JOKE OF THE DAY

Which Galaxy Did You Say This Is?
When I went to lunch today, I noticed an old lady
sitting on a park bench sobbing her eyes out.
I stopped and asked her what was wrong.

She said, "I have a 22 year old husband at home.
He makes love to me every morning and then gets up and makes me
pancakes, sausage, fresh fruit and freshly ground coffee."

I said, "Well, then why are you crying?"

She said, "He makes me homemade soup for lunch and my favorite
brownies and then makes love to me for half the afternoon".

I said, "Well, why are you crying?"

She said, "For dinner he makes me a gourmet meal with wine
and my favorite dessert and then makes love to me until 2:00a.m.

I said, "Well, why in the world would you be crying?"

She said, "I can't remember where I live!"

Lovely dress shes wearing :-)))

Or nearly wearing. :-))