Good morning traders!

In the US last night, the Dow rose 32 points at 11,723, the Nasdaq Composite added 21
points at 2,702 and the S&P500 gained 6 points at 1,277.

In Asia today, the Nikkei was recently up 138 points at 10,519, while the Hang Seng
ended the morning ahead 9 points at 23,767.

Crude oil traded at $90.35 a barrel on Nymex.

Gold settled at $1,374 an ounce.

Happy trading!

G.

NIKKEI 225	AUSTRALIA ASX200	HANG SENG	SHANGHAI COMPOSITE
KOSPI	SENSEX	VIX	GBPUSD
GBPEUR	NYMEX CRUDE	GOLD

Profit warning this morning from Clinton Cards (CC.)

"..the year to date sales shortfall leads the Board to expect pre-tax profits in respect of the year to 31st July 2011 to be significantly lower than current market expectations..."

AAL Nomura: buy, tp raised to 3800 from 3600
AGS Goldman: tp raised to 181 from 159
ANTO Nomura: downgraded to reduce from buy, tp raised to 1500 from 1400
BVIC Goldman: initiated neutral, tp 561
CNA Goldman: reiterated buy, tp reiterated 454
DGE Citigroup: initiated buy, tp 1430
DMGT Goldman: reiterated neutral, tp raised to 676 from 605
DOM Goldman: reiterated buy, tp reiterated 750
ECM Goldman: reiterated conviction buy, tp reiterated 365
ETI Citigroup: reiterated sell, tp raised to 109 from 100
EXPN Goldman: reiterated buy, tp reiterated 990.4
FQM Nomura: buy
GSK RBS [HB]: buy, tp cut to 1610 from 1760
HMV Citigroup [HB]: reiterated hold, tp cut to 30 from 35
INF Goldman: reiterated buy, tp raised to 528 from 505
ITV Goldman: reiterated buy, tp raised to 105 from 92
KAZ Nomura: reduce, tp raised to 1500 from 1400
MARS Citigroup: reiterated hold, tp raised to 100 from 95
NXT Goldman: reiterated neutral, tp cut to 2430 from 2492
NXT HSBC: downgraded to neutral from overweight
NXT Nomura: reiterated neutral, tp reiterated 2413
NXT SocGen: upgraded to buy from hold
RIO Nomura: buy, tp raised to 6000 from 5900
RR. RBS: buy, tp raised to 750 from 700
RRS Citigroup: upgraded to buy from hold, tp cut to 6220 from 6420
SAB Citigroup: initiated buy, tp 2700
STJ JPMorgan: overweight, tp raised to 334 from 312
TNI Goldman: reiterated buy, tp cut to 92 from 119
TPK RBS: buy, tp raised to 1295 from 1005
TSCO Bernstein: reiterated outperform, tp raised to 530 from 510
UBM Goldman: tp raised to 981 from 900
ULVR Citigroup: buy, tp raised to 2400 from 2100
VED Nomura: neutral, tp raised to 2500 from 2300
WPP Goldman: reiterated buy, tp raised to 1010 from 890
XTA Nomura: buy, tp raised to 1800 from 1700

End-of-day Market Overview