A daily round up of CFDs and market news provided by GNI Touch, a leading equity CFD supplier
Today's Company Announcements
GlaxoSmithKline is due to report Q1 PBT later today - consensus is for £1.3bn
Amvescap also are due to announce figures later today
Compaq announced Q1 EPS of 12c a share last night at the lower end of analysts expectations and announces that they see Q2 sales roughly flat with Q1 and is expanding its job cutting to 10% amid the slowing demand for PC's
Deutsche Telekom have reported a Q1 loss of 400m Euro's in line with market forecasts
Parthus Technologies Q1 total revenue up 58% to $9.8m
Fibernet Group H1 pre-tax profit up 118% to £3.2m with turnover up 35% to £24.6m
Laura Ashley 9 week LFL sales up 14% and final pre-tax profit of £10.2m compared to £4.1m loss last year
Wolverhampton & Dudley H1 pre-tax pre-exceptional profit up 36.4% to £30.7m and announce that talks with interested parties are to continue as two expressions of interest are incomplete
Markets and gossip
Ericsson and Sony are to have a briefing at 9:00 GMT on their mobile phone joint venture
US press reports that five major US banks would bid for Bridge if Reuters became the preferred bidder as they have been reported as saying they would prefer to see a third leading market data provider remain in the market than see the monopolistic situation a Reuters takeover would create
The Times reports on a board room split at EMI on the proposed merger with Bertelsmann
CMG continues to be affected by the market volatility but may be buoyed by the news that five executive and non-executive directors have increased their holding in the firm
BPT announce this morning that they have not received a counter-bid
The Guardian highlights that a lockin period for 11.1m shares in Baltimore, 2.2% of the total, expires on Wednesday
Yesterday's most active CFDs
ARM Holdings, Logica, Marconi, C&W, Invensys, BT, Diageo, Vodafone, Carlton Comms, GlaxoSmithKline
Riz
Today's Company Announcements
GlaxoSmithKline is due to report Q1 PBT later today - consensus is for £1.3bn
Amvescap also are due to announce figures later today
Compaq announced Q1 EPS of 12c a share last night at the lower end of analysts expectations and announces that they see Q2 sales roughly flat with Q1 and is expanding its job cutting to 10% amid the slowing demand for PC's
Deutsche Telekom have reported a Q1 loss of 400m Euro's in line with market forecasts
Parthus Technologies Q1 total revenue up 58% to $9.8m
Fibernet Group H1 pre-tax profit up 118% to £3.2m with turnover up 35% to £24.6m
Laura Ashley 9 week LFL sales up 14% and final pre-tax profit of £10.2m compared to £4.1m loss last year
Wolverhampton & Dudley H1 pre-tax pre-exceptional profit up 36.4% to £30.7m and announce that talks with interested parties are to continue as two expressions of interest are incomplete
Markets and gossip
Ericsson and Sony are to have a briefing at 9:00 GMT on their mobile phone joint venture
US press reports that five major US banks would bid for Bridge if Reuters became the preferred bidder as they have been reported as saying they would prefer to see a third leading market data provider remain in the market than see the monopolistic situation a Reuters takeover would create
The Times reports on a board room split at EMI on the proposed merger with Bertelsmann
CMG continues to be affected by the market volatility but may be buoyed by the news that five executive and non-executive directors have increased their holding in the firm
BPT announce this morning that they have not received a counter-bid
The Guardian highlights that a lockin period for 11.1m shares in Baltimore, 2.2% of the total, expires on Wednesday
Yesterday's most active CFDs
ARM Holdings, Logica, Marconi, C&W, Invensys, BT, Diageo, Vodafone, Carlton Comms, GlaxoSmithKline
Riz
