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Wednesday 23 July 2014
SHARES in Tesco slumped nearly four per cent yesterday on fears that dividends could be cut as analysts called for a complete overhaul in strategy under its new chief executive.
Wednesday 23 July 2014
TECH titan Apple expects its next iPhone launch in September to propel the firm to unprecedented fourth quarter sales of $40bn (£23.4bn).
Houses in Bristol
Wednesday 23 July 2014
Nationwide has announced it is capping all new mortgages at 4.75 times the income of the borrower, and setting a tough new stress test to ward off concerns over interest rate rises.
Wednesday 23 July 2014
UK ENERGY policy came under attack on two fronts yesterday, after a local council rejected a shale gas drilling application and the government confirmed it would go ahead with its decarbonisation targets.
Wednesday 23 July 2014
ARGENTINA’S lawyer warned yesterday that a deal between the country and its holdout creditors is “impossible”, as a US court ordered the two sides to hold constant talks o try and avoid a disastrous default.
RBS branch
Wednesday 23 July 2014
RBS is losing the battle for banking customers, City A.M. can reveal, shedding 171,400 customers through the seven-day switching system and gaining just 95,000 current account customers.
Cath Kidston
Wednesday 23 July 2014
Cath Kidston, the quirky British brand known for its quintessential floral prints, has sold a stake in the business to an Asian private equity as it gears up for further expansion in China.
Wednesday 23 July 2014
Credit Suisse plunged to a loss in the second quarter after a SFr1.6bn (£1bn) fine for helping US clients evade taxes wiped out its profits, the Swiss bank said yesterday.
Ian Hannam
Wednesday 23 July 2014
City heavyweight Ian Hannam must pay his £450,000 fine for insider dealing by 7 August, the Financial Conduct Authority (FCA) ruled yesterday.
Wednesday 23 July 2014
THE FIFA World Cup failed to prop up Coca-Cola’s ongoing sluggishness last quarter, after tougher corporate rules in Latin America and an operational overhaul weighed on profits.
Wednesday 23 July 2014
McDONALD'S shareholders were left with a sour taste yesterday, as another disappointing earnings report sent shares in the hamburger chain tumbling by more than two per cent in early trading.
View of London
Wednesday 23 July 2014
The price of an average house in London has risen by £43,115 in the first six months of this year alone, according to astonishing figures from Zoopla, more than the annual salary of an average electrical engineer.
Wednesday 23 July 2014
AN UNEXPECTED drop in Royal Mail parcel revenues announced yesterday is likely to build more pressure on the company ahead of its annual general meeting tomorrow.
Wednesday 23 July 2014
WHO can resist a Ritz? That was the question in TV ads way back in the 1970s for the famous crackers. Mondelez International is bringing Ritz Crackers back to TV for first time in 30 years.
Wednesday 23 July 2014
British chip-maker Arm Holdings was boosted by a demand to licence its technology from manufacturers during the second quarter, which compensated for a slowdown in its royalties from the sale of smartphones.
Wednesday 23 July 2014
SAUDI authorities announced yesterday that the largest equities market in the Middle East would be opened to international investors from next year, a first for the oil-rich economy.
Nick Leslau
Wednesday 23 July 2014
Property entrepreneur Nick Leslau has agreed to sell his fund Max Property Group to private equity giant Blackstone, in a deal valuing the company at £448m.
eyeball
Wednesday 23 July 2014
Insurer Beazley saw its share price close four per cent up yesterday, after it announced strong results for the past six months of trading.
Wednesday 23 July 2014
THE WORLD’S biggest spread betting firm IG Group yesterday shook off the market gloom dragging down rivals to post a tick up in revenues and boost its dividend policy.
PayPal website
Wednesday 23 July 2014
PayPal is set to start lending to small businesses this autumn with the launch of PayPal Working Capital, the payments firm will announce today.
Canary Wharf
Wednesday 23 July 2014
Caanry Wharf Group was yesterday given the green light to convert a 20-acre semi-derelict site next to its east London estate into more than 3,000 homes, as well as shops and offices that will target fast-growing media and technology firms.
Wednesday 23 July 2014
Saxo Bank
Wednesday 23 July 2014
To appear in Best of the Brokers, email your research to notes@cityam.com
Wednesday 23 July 2014
THE UK’S top equity index rallied yesterday, lifted by technology group ARM, which rose after posting higher profits.
Wednesday 23 July 2014
SOLID earnings for a range of big companies yesterday helped to nudge New York higher, with restaurant chain Chipotle Mexican Grill and cable giant Verizon surging after reporting better-than-expected results.
Apple logo
Tuesday 22 July 2014
It's what Apple does next that really matters. 
Microsoft
Tuesday 22 July 2014
Microsoft, the world's largest software company, narrowly missed profit expectations in the three months to the end of June, dragged down by the costs from its purchase of Nokia. 
train carrying bodies from MH17
Tuesday 22 July 2014
European foreign ministers failed to agree on fresh hard-hitting measures aimed at the Russian economy today, however new sanctions including capital restrictions could be announced by Thursday if Moscow does not cooperate on the MH17 crash invest
Coca Cola bottles
Tuesday 22 July 2014
Coca-Cola saw its shares slide as much as 4.2 per cent in early trading this afternoon after its second quarter results showed profits were down on last year.
McDonald's
Tuesday 22 July 2014
McDonald's shareholders were left with a sour taste today, as another disappointing earnings report sent shares in the hamburger chain tumbling by more than two per cent in early trading.
Yumen in Gansu
Tuesday 22 July 2014
A Chinese city has been sealed off and 151 of its residents put in quarantine after a man died of bubonic plague last week, according to China Central Television (CCTV).   
Michelle Phan on stage against a YouTube logo
Tuesday 22 July 2014
The Grammy-nominated musician Kaskade has called his former record label a “dinosaur” for filing a lawsuit against YouTube star Michelle Phan which claims she infringed copyright by using his songs in her videos.
For sale signs
Tuesday 22 July 2014
There was another sign that the UK property market may be cooling, after the HMRC released figures showing that the number of properties sold in the month of June had dropped - when the numbers are adjusted by season.
NHS checkup
Tuesday 22 July 2014
A wearable patch which is the size of a plaster could revolutionise the way that patient health is monitored in the UK, reducing pressure on NHS staff.   
UK car factory
Tuesday 22 July 2014
While the headline reading of the latest Confederation of British Industry (CBI) manufacturing survey looks weak, analysts are convinced that it paints a glowing picture of the UK's manufacturing sector.
Riyadh
Tuesday 22 July 2014
Saudi Arabia has been given the green light to open up its $531bn stock market to foreign investors.  
iPhone 5s
Tuesday 22 July 2014
Apple has ordered into production more iPhone 6 handsets than any other model before, according to the Wall Street Journal (WSJ).
Tuesday 22 July 2014
Public sector net borrowing is well up, according to the latest official estimates.
People using smartphones
Tuesday 22 July 2014
Profits at British chip-maker ARM Holdings were up nine per cent to £94m for the second quarter, benefitting from the ever increasing demand for smartphones and mobile devices.
Royal Mail
Tuesday 22 July 2014
Freshly privatised Royal Mail has been suffering from more parcel delivery induced headaches, today warning that parcel revenues are likely to be below expectations.
Dave Lewis
Tuesday 22 July 2014
Tesco will spend more than £1.8m on its new chief executive Dave Lewis but up to £9.6m on departing boss Philip Clarke as the supermarket puts its faith in the industry outsider to turn its sales around.
Schiphol Airport
Tuesday 22 July 2014
David Cameron and George Osborne have warned the City of London to brace itself for a financial hit as they prepare to push for tough financial sanctions on Russia in the aftermath of the MH17 disaster.
Tuesday 22 July 2014
BRITAIN’S small firms have to try harder to push their banks to work for them, and be prepared to walk away if they do not, Britain’s competition chief said yesterday.
Don Roberts
Tuesday 22 July 2014
Three business heavyweights were yesterday hired as non-executive directors on the court of the Bank of England, the Treasury has announced. Controversial Experian chairman Don Roberts has been given one of the positions.
Tuesday 22 July 2014
The No campaign is winning the argument in Scotland, former Prime Minister Tony Blair claimed yesterday in a speech in London.
Tuesday 22 July 2014
THE NUMBER of shares traded in Barclays’ dark pool collapsed by more than half last week, industry data showed yesterday, as clients flee the private trading platform.
Tuesday 22 July 2014
ALL OF Britain’s savers are to be given free and impartial advice about pensions investments, the government said yesterday, though it made a key change to the body providing the information.
Tuesday 22 July 2014
Properties in prime central London are increasingly being rented by wealthy students, many with international backgrounds, according to research yesterday.
Tuesday 22 July 2014
THE SIX bankers accused of attempting to fiddle interest rate benchmark Libor will not know their fates for at least another two years, after a court hearing yesterday.

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