Investors Chronicle

TIPS - LARGE COMPANIES: ITV (buy), MORGAN SINDALL (buy), SCI ENTERTAINMENT (sell)

TIPS - SMALLER COMPANIES: INVU (buy), ZAMBEZI RESOURCES (buy), AIR MUSIC & MEDIA (buy)

TIPS - UPDATES: WOOLWORTHS (good value), ANTISOMA (buy), CATTLES (buy), CONSOLIDATED MINERALS (buy), DELTRON ELECTRONICS (hold)

Morning all from a nice, sunny North Wales but I can still see snow on Snowdon!!

What a rise in the DOW !!! - Will FTSE follow today?

AFX UK at a glance share guide - 2

MARKETS
FTSE 100 4,819.6, down 2.4
FTSE 250 6,970.4, down 11.3
DJIA 10,218.60, up 206.20 (biggest daily gain in more than two years)
Nasdaq Comp 1,962.41, up 48.65
S&P 500 1,159.95, up 22.45
Tokyo: Nikkei closed at 11,045.95, up 61.56
Hang Seng midday 13,675.64, up 78.33
Gold 434.20 usd (434.80 usd)
Oil - Brent June 54.01 usd (53.78 usd)

BREAKING NEWS
* CADBURY SCHWEPPES chief, John Sunderland, slams investor groups for lack of openness - FT
* Administrators of failed Birmingham carmaker MG Rover investigating whether car and engine designs sold to a Chinese company last year for a total of 67 mln stg were underpriced and whether there are flaws in the transfer of the intellectual property rights - FT
* New York Stock Exchange to go public via a merger with Archipelago
* Several large banks, including LLOYDS TSB and BNP Paribas, as well as OLD MUTUAL, submit indicative offers for Deutsche Asset Management's troubled UK division, according to people close to the auction - FT
* SHIRE PHARMACEUTICALS paying 838 mln stg cash for Transkaryotic Therapies
* Senior figures on the MANCHESTER UNITED board believed to have decided not to recommend Malcolm Glazer's latest 300 pence-a-share offer to the football club's shareholders - FT
* CHARACTER GROUP considers possible demerger of its digital camera business
* Clara Furse in frame as MARKS & SPENCER steps up hunt for chairman - Mail

PRESS COMMENT
FT
THE LEX COLUMN comments on Pernod Ricard/ALLIED DOMECQ, Nokia, New York Stock Exchange, Wind auction - Interest in biodiesel innovation is beginning to spread; Chris Tighe takes a look at two companies (D1 Oils and BIOFUELS CORPORATION) at the forefront of green fuel production (p.25)
Mail
ITV (punters believe that a mouthwatering 6.5 bln stg bid is cooking) - INTANDEM FILMS (floats on AIM today)
Telegraph
QUESTOR: WH SMITH (avoid), ALIZYME (If you're looking for a cheap stock and don't mind the inevitable risks inherent in biotechnology, there is better value elsewhere), TRADING EMISSIONS (a home for the brave)
Times
DIRECTORS' DEALINGS: P&MM GROUP (director sells stock for 140,000 stg) - RUMOUR OF THE DAY: REG VARDY (talk that chief executive had picked up one million shares through Brewin Dolphin at 500 pence) - VIRGIN MOBILE (launch delay is bad call for Virgin) - TEMPUS: SHIRE PHARMACEUTICAL (bulls of the stock likely to see the shares come cheaper still), WH SMITH (buy), MELROSE (watch from the sidelines, for the time being at least)
Guardian
ITV (could be a takeover target for Sparrowhawk)
Express
SHARE WHISPER: TELSPEC (suggestions it is close to securing several lucrative broadband contracts) - WHO'S DEALING: CAFFE NERO (chairman and chief executive buys 18,326 shares at 163 pence)
Independent
THE INVESTMENT COLUMN: WH SMITH (sell), TRADING EMISSIONS (high risk but looks a fun punt), CHARACTER GROUP (unappealing) - ITV (talk of Dyke bid)
Investors Chronicle
TIPS - LARGE COMPANIES: ITV (buy), MORGAN SINDALL (buy), SCI ENTERTAINMENT (sell); TIPS - SMALLER COMPANIES: INVU (buy), ZAMBEZI RESOURCES (buy), AIR MUSIC & MEDIA (buy); TIPS - UPDATES: WOOLWORTHS (good value), ANTISOMA (buy), CATTLES (buy), CONSOLIDATED MINERALS (buy), DELTRON ELECTRONICS (hold)

Morning all

Morning all.

Morning All,

Took a small profit from ISF.

Only hope for the rest of the day Is for another fall In the market.