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US Housing data – better

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US Ind & Manufacturing data in-line

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US Inflation & Manufacturing data weak

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FirstGroup may not deliver on contract win (Accendo Quote)

Dow Jones – 15 Aug 0854 GMT [Dow Jones] Although FirstGroup (FGP.LN) has secured a contract for the UK West Coast Mainline franchise from Stagecoach (SGC.LN), the worry is that it will be unable to deliver on such a key route, says Mike van Dulken, Head of Research at Accendo Markets. “[FirstGroup] has promised lots…

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STANDARD CHARTERED (STAN) SETTLES WITH DFS (15 Aug 12)

Good news for Standard Chartered’s UK listed shares this morning with the company having reached a $340m settlement with the State of New York Department of Justice over allegations that it was negligent/facilitated a decade’s flow of up to $250bn of Iranian funds through the US, violating long-running sanctions against the country. This avoids the…

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BoE unchanged, UK unemployment better; Wages light

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