Good morning traders!

A mixed bag in Asia this morning with the Hang Seng up 40.5 points at 13,952.53 and the Nikkei trailing by 52.94 points at 11,461.09.

Oil prices rose to fresh record highs on fears about possible supply shortages.
New York's main contract, light sweet crude for July delivery, was at $59.01, up 54 cents from its all-time closing high of $58.47 in the United States on Friday.

In London, Vodafone Group has been downgraded to 'hold' from 'buy' at ING FM, with a reduced price target of 150p from 160p previously.

Back soon with more......

Happy trading!

G.

MISYS CUT TO 'EQUAL-WEIGHT' VS 'OVERWEIGHT' AT MORGAN STANLEY

BALFOUR BEATTY WINS 100 MLN STG 5-YR EXTENTION TO SOUTH WEST WATER CONTRACT

Carphone Warehouse Group said David Ross, a director of the company, on Friday sold 6 mln shares at 172p each, 5 mln of which were snapped up by an employee-share-ownership scheme run by the British retailer.

Good afternoon all

So much information and not enough time to digest... :-(

Sunday paper - The Business..
Haven't seen this at all locally in newsagents, which made me wonder
if it's a sub-section of another paper or something? Only it looks
interesting....

stockbunny - The Business is a Sunday publication in its own right. Smallish circulation due to its specialist coverage.

Cunfusingly, the Sunday Times regular company section is entitled "The Business"...

Thanks Greystone - that makes sense now, possibly a special order
situation with the newsagent is required.