A Brief Look At The Week Ahead

This week should see more action on the retail front, led by the beleaguered supermarket chain Wm Morrison which may report the first loss in its corporate history on Wednesday. Lehman Bros "tentatively" forecast a 33m pre-tax loss as "a result of seasonality", while Citigroup is looking for a 25m profit (pre-tax). On a brighter note, Diageo is expected to publish a positive trading update at its AGM on Tuesday. The main strength is expected to be good momentum in the US spirits sector, where the group is the market leader. Analysts are expecting 6%-plus sales growth on the quarter for the US. The City is also looking forward to this week's trading update from EMI, given concerns about a slowdown in the US music market. The worry with EMI is the outlook statement for this quarter's trading and the release lineup for the Christmas period. It needs to be something special to reverse recent share price falls. Rio Tinto will post its Q3 production figures this week. Few surprises are expected, with the group having recently hosted an exploration update. The market will give some extra attention to the technology sector this week with Sage providing a trading update. The main interest will be on whether the recent launch of Microsoft's new entry-level accounting package has had any impact on Sage's sales figures. Negative sentiment has seen Sage's share price drift 9% since hitting a 238p high in mid-September. Other BB favourites in the limelight this week include Superscape, ARM Holdings, Bellway, ASOS and Freeport. Let's hope you all find something there to whet your appetite. Good hunting! Please note: I am in the process of moving house and don't yet have a telephone line installed at the new place. Until that happens, I will be starting off the daily Traders Threads early each morning instead of the night before. I hope you will bear with me on this for a while. I'll return to the evening startup as soon as I can. Greystone (Greystone is Alan English, City Editor at MoneyAM.)

just testing ;-)

Good morning traders!

In Asia, the Hang Seng was up 40.09 points at 14,525.97 at the break, with the Nikkei recently trrading down 47.28 points at 13,373.26.

Oil was in the rise again with New York's main contract, light sweet crude for delivery in November up $1.16 at $63.79 a barrel from its close of $62.63 in US trading on Friday where it had lost 45 cents.

Early brokers notes and news:

Capita Group upgraded to 'buy' vs 'hold' at Deutsche Bank
Pursuit Dynamics gets first European licensee for PDX Sonic product
EASYNET CONFIRMS HAS RECEIVED INFORMAL BID APPROACH

Happy trading!

G.

Good morning all. Just wondering what the price of M & S will be 12 months from now??

Midday Market Summary

Good Afternoon all

Does anyone know how I can find out bid & offer prices from about 3 weeks ago?

I used to be able to do it from Moneyam trade options - although the dates are still there - it only lets you go back a week!

Good Afternoon LW,

I don't know for sure LW, my only suggestion Is that other Sites like iii, Motley Fool may do them.

Let us know how you got on anyway.

End of day market summary

just tried to log into my Ing Direct account - site gone!

A friend tells me their site has been "detagged"!

Does anyone know anything???

I've been told anyone can buy the domain!!!!! Its available.....???

Tried to buy the Ingdirect domain, but it wouldn't let me!! It says its available until you try to buy it.

I suppose someone messed up at Ing in the UK! It'll be interesting to see how long it takes them to sort things out and get the site up and running again.

I wonder if anyone will really find out what happened or will they keep it quiet.