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News Headlines:    US stocks fell Tuesday as investors took some profits following the latest spate of second-quarter results and Alan Greenspan's mixed comments about the health of the economy. But Wednesday could see a stronger open, after Intel reported better-than-expected earnings. Technology stocks will be in focus after sector bellwether Intel said its second-quarter net earnings doubled from a year earlier on stronger sales of its microprocessors and overall revenue that edged past its forecast. UK jobs data for June is due out at 0830 GMT, while later in the session attention turns to U.S. numbers including consumer prices and business inventories at 1230 GMT and industrial production figures at 1315 GMT.

Marks & Spencer says clothing sales rose by 3.9 percent in the first quarter, bouncing back from the fourth-quarter fall. Total sales for the 15 weeks ended July 12 were up 3.8 percent, with food sales up 5.1 percent and non-food up 2.8 percent. "We had a satisfactory first quarter in which we saw an improvement in clothing performance, particularly in June, with good food sales throughout the period," Chief Executive Roger Holmes said in a statement

ICAP Broker says it has made a strong start to its financial year, with revenues in the first quarter to June 30 ahead of the same period of the previous year and above its budget forecasts. They also said in a statement: ""We have begun to make significant progress in the integration of BrokerTec, which we acquired on May 7. We are on track to complete the initial cross connect project, integrating the initial portions of the BrokerTec and ETC platforms by September".

House Of Fraser The Times rumour of the day reported speculation of poor recent sales at the retailer despite other gains in the sector have received from the warmer weather. Boots: Reports in the Guardian and Daily Mail newspapers on Wednesday followed an Investec analyst note suggesting Boots could be a potential bidder for condom-maker SSL SSL.L . Reckitt Benckiser RB.L has declined to comment on talk it may buy SSL. Cordiant shares delist today, moving bidder WPP WPP.L one step closer to clinching the troubled ad firm. BAE Systems: The Times and Financial Times report the government is this week likely to announce it is scaling back its expected purchase of Hawk aircraft from the firm. Debenhams: Financial Times said Permira will formalise its 425p a share indicative offer for Debenhams towards the end of next week.

Calendar All GMT	United Kingdom (F)inals (I)nterim	United States (Click Flag)	Europe & World
Wed 15th	IMarks & Spencer AGM & Q1 Trading StatementPeacocks AGM & Q1 Trading Statement, ICAP BT Group (AGM)09.30  June Unemployment +5k exp. ope: OM AB (Q2) 09.30  May Average Earnings 3m y/y 3.4% exp.	US: Apple (Q2), Ford (Q2), IBM (Q2) 13.30 US June CPI y/y 0.2% exp. 13.30 US May Business Inventories 0.1% exp. 13.30 US June Industrial Production 0.1% exp. 14.15 US June Capacity Utilization 74.4% exp. 18.00 US July NAHB housing Market Index 63.0 exp.	11.00  June o-Zone CPI y/y 2.0% exp.
	Alphameric (0.65), Bristol Water (49.8), Castings (5.87), Christian Salvesen (1), Halma (3.527), Henlys Group (1), Investec (28), Jarvis Hotels (3.8), Kensington Group (3), Lonmin (US$ 0.3), Mountview Estates (52), Shanks Group (3.8), Wincanton (6.75), Yates Group (3.3)
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