A daily round up of CFDs and market news provided by GNI Touch, a leading equity CFD supplier
Today's Company Announcements
Bookham Tech. Q1 revenues £11.6m vs £11.5 last quarter and up 362% from Q1 2000 with a cash balances of £238m, but also states that it is experiencing reduction in demand and is seeing order deferrals
Legal & General Q1 worldwide new business up 13% on EPI basis to £143m, with UK new business up 18% to £119m
Aga Foodservices have set the tender offer price range of 225-255p and that they are to buy back up to £386m in shares
P&O announce Q1 throughput has increased 35% on the year but follows the industry mantra of late by stating that the foot & mouth outbreak has impacted tourist traffic
Electronics Boutique announce LFL sales from March 18th up 31% with 12 week LFL sales up 18%
Amazon has reported Q1 figures slightly above Wall Streets estimates which is buoying the Nasdaq future this morning
Markets and gossip
FTSE called down 30-40 after the turnaround in the US markets after our close last night, the sell-off was largely driven by Compaq who closed down 13% after they reported lower Q1 profit and reduced its outlook for Q2
The Daily Telegraph reports on market rumours of a potential buyout on Bellway
Railtrack have announce three new members to its board including David Harding as Finance Director
Fleming Mercantile buys 60,000 shares in Wintrust (WTT) to take its stake to 6.5%
Yesterday's most active CFDs
ARM Holdings, Logica, Marconi, Vodafone, COLT Telecom, Invensys, BT, GlaxoSmithKline, Reuters, Tesco
Riz
Today's Company Announcements
Bookham Tech. Q1 revenues £11.6m vs £11.5 last quarter and up 362% from Q1 2000 with a cash balances of £238m, but also states that it is experiencing reduction in demand and is seeing order deferrals
Legal & General Q1 worldwide new business up 13% on EPI basis to £143m, with UK new business up 18% to £119m
Aga Foodservices have set the tender offer price range of 225-255p and that they are to buy back up to £386m in shares
P&O announce Q1 throughput has increased 35% on the year but follows the industry mantra of late by stating that the foot & mouth outbreak has impacted tourist traffic
Electronics Boutique announce LFL sales from March 18th up 31% with 12 week LFL sales up 18%
Amazon has reported Q1 figures slightly above Wall Streets estimates which is buoying the Nasdaq future this morning
Markets and gossip
FTSE called down 30-40 after the turnaround in the US markets after our close last night, the sell-off was largely driven by Compaq who closed down 13% after they reported lower Q1 profit and reduced its outlook for Q2
The Daily Telegraph reports on market rumours of a potential buyout on Bellway
Railtrack have announce three new members to its board including David Harding as Finance Director
Fleming Mercantile buys 60,000 shares in Wintrust (WTT) to take its stake to 6.5%
Yesterday's most active CFDs
ARM Holdings, Logica, Marconi, Vodafone, COLT Telecom, Invensys, BT, GlaxoSmithKline, Reuters, Tesco
Riz