News

COMMENT

AA van
Tuesday 23 September 2014
AA reported its first set of half-yearly results since its initial public offering (IPO) in June, and although profits fell, investors were clearly encouraged by its performance, pushing shares up just over one per cent in early trading.
Mothercare
Tuesday 23 September 2014
Mothercare's share price has plunged after revealing plans to launch a £100m rights issue as it looks to fund a wide-ranging turnaround strategy.   
Pair of Jimmy Choo shoes
Tuesday 23 September 2014
The luxury shoemaker made famous by the television show Sex and the City has confirmed it will go public in a much-anticipated IPO. 
Alan Stewart
Tuesday 23 September 2014
Alan Stewart will assume his new role as chief financial officer of Tesco from today – over two months earlier than originally planned.  
President Obama
Tuesday 23 September 2014
US president Barack Obama has announced sweeping new measures to end the increasingly popular practice of US firms relocating their headquarters to countries with more favourable tax regimes through foreign takeovers.
Dave Lewis
Tuesday 23 September 2014
Tesco could be forced to raise cash by way of a rights issue or by speeding up the sale of its UK and overseas assets, as the troubled supermarket chain launched a probe yesterday into a £250m black hole in its accounts.
Tuesday 23 September 2014
ED MILIBAND will today deliver a key pre-election speech at his party’s annual conference in Manchester, in which he is widely expected to announce a funding boost for the NHS.
Tuesday 23 September 2014
You could almost see the moment Ed Balls realised it during his speech to Labour conference yesterday.
Tuesday 23 September 2014
ED BALLS yesterday committed not to borrow any money in order to fund promises in Labour’s election manifesto in a speech at the party’s conference in Manchester.
Tuesday 23 September 2014
PROPERTY developer British Land has sold some of the most expensive London property ever, with 18 apartments in Mayfair going for £210m. Four of the flats sold for over £5,000 per sq ft, a record for Mayfair’s property market.
Tuesday 23 September 2014
EUROPE’S sick economies need massive structural reforms if they ever hope to become competitive once more, European Central Bank (ECB) boss Mario Draghi urged yesterday.
Tuesday 23 September 2014
APPLE broke its own records over the weekend selling more than 10m iPhone 6 and iPhone 6 Plus devices.
Tuesday 23 September 2014
PHONES 4u’s remaining 362 high street stores across Britain will be permanently closed and the 1,697 staff in those stores will be made redundant, administrator PwC announced last night after failing to find a buyer for the shops.
Tuesday 23 September 2014
Britain’s largest retailer suspends four executives and launches probes after £250m profit overstating debacle.  
Tuesday 23 September 2014
BARCLAYS poached InfraHedge’s boss Akshaya Bhargava yesterday to run its wealth and investment management business.
Tuesday 23 September 2014
SIR RICHARD Broadbent’s position as chairman of Tesco looked increasingly vulnerable yesterday after the latest revelations over mis-stated profits raised questions over governance at the chain.
Tuesday 23 September 2014
Challenger bank Aldermore wants to raise more than £75m in a stock market flotation, the small business and mortgage specialist announced yesterday.
Phillip Monks
Tuesday 23 September 2014
If you go to the big banks’ annual general meetings you can be sure to meet angry investors.
Tuesday 23 September 2014
RAC, the roadside recovery group, has yet to set a date for its hoped-for initial public offering (IPO), leading some to argue the group is more likely to plump for a trade sale to a new private equity owner.
Tuesday 23 September 2014
ALIBABA’S underwriters have issued additional shares following its float on Friday, bringing the total funds raised to about $25bn (£15.3bn) and making it the largest initial public offering (IPO) in history.
William Dudley
Tuesday 23 September 2014
Unemployment can continue falling to unusually low levels without risking dangerously high inflation, Federal Reserve policymaker William Dudley said yesterday.
Tuesday 23 September 2014
GLOOMY European consumers and weak Italian industry are dragging the Eurozone even further from recovery, new data showed yesterday.
Tuesday 23 September 2014
CONCERNS of a continuing slowdown in China hit shares of a wide and diverse range of major global firms yesterday, from high fashion chains to huge mining companies.
Tuesday 23 September 2014
House building in the UK has been in a continual state of decline since the 1970s, making it harder to own a home and to pay rent, according to a report released yesterday.  
Tuesday 23 September 2014
EMC, the biggest maker of corporate data storage equipment, reportedly held merger talks with rivals Hewlett-Packard (HP) and Dell.
Tuesday 23 September 2014
ADVERTISING giant WPP yesterday announced it had taken a $25m (£15.3m) stake in AppNexus, the world’s largest independent adtech provider based in New York.
Sierra Leone mine
Tuesday 23 September 2014
London Mining has accused Glen­core of non-payment of an iron ore contract between the two mining firms, hitting shares in both companies hard yesterday.
Roman Abramovich
Tuesday 23 September 2014
A High Court patent case between two energy companies providing conversion of natural gas into liquid fuel was settled in favour of Velocys yesterday over its rival CompactGTL.
Tuesday 23 September 2014
Leading coloured gemstone supplier Gemfields revealed its revenues had more than tripled as it returned to profit in 2014, boosted by strong emerald and ruby sales.
Oil drilling platform in the Guanabara Bay in Rio de Janeiro
Tuesday 23 September 2014
Latin American petro-states face being hardest hit by the recent 15 per cent drop in price of oil to below $100 (£61) per barrel (pb), according to a new report released yesterday.
Tuesday 23 September 2014
ANGOLA’S liquefied natural gas (LNG) plant faces a lengthy closure and massive reconstruc­tion work to fix design flaws and corrosion of its nearly-new equip­ment, which will add at least $12bn (£7.3bn) to the project’s cost.
Tuesday 23 September 2014
LAW FIRM of the year The past year has seen law firms work with the government and banks on the selling of shares and on the investigations into alleged failings at big companies.
Tuesday 23 September 2014
Baker & McKenzie
Tuesday 23 September 2014
To appear in Best of the Brokers, email your research to notes@cityam.com
Tuesday 23 September 2014
SHARES in giant retailer Tesco tumbled yesterday 11.5 per cent to 203p – their lowest in 11 years – because of fears that first-half profits were overstated by around £250m, dragging down the FTSE 100.
Tuesday 23 September 2014
AMERICAN shares yesterday closed lower, with the S&P 500 suffering its biggest one-day fall since early August as the latest housing data came in much weaker than expected, raising new concerns about the level of growth in the economy.
Scotish flag
Monday 22 September 2014
Claims of vote rigging durig the Scottish independence referendum have led to calls for a recount.
Phones 4u
Monday 22 September 2014
After going into administration, mobile phone retailer administrators working with Phones 4u have announced that there has not been enough interest to save the company's remaining 362 stores.
Ed Miliband Ed Balls
Monday 22 September 2014
Ed Milliband is set to announce a "mansion tax" to fund new an NHS spending increase.
ISIS
Monday 22 September 2014
UK private equity firm ISIS Equity Partners has decided it no longer wants to share a moniker with the violent terrorist group operating in Syria in Iraq.
Tesco shopper
Monday 22 September 2014
It's been a bad day at the office for new Tesco chief executive Dave Lewis.
Mario Draghi
Monday 22 September 2014
The euro has fallen against the dollar after a doveish Draghi spoke before the Committee on Economic and Monetary Affairs of the European Parliament.
Uber car
Monday 22 September 2014
Beloved by punters, hated by rivals, taxi service app Uber has a knack of dividing opinion. 
Salford City FC
Monday 22 September 2014
Peter Lim, the Singaporean businessman who once tried to buy Liverpool, has agreed to buy a 50 per cent stake in Salford City FC from the “Class of ‘92” group.  
Completions in England have fallen graph
Monday 22 September 2014
The housing market is hotly watched recently with prices rising and demand under constant observation.
Labour
Monday 22 September 2014
Labour is leading a new opinion poll by six points, taking 33 per cent of the mock vote, after the Conservatives dropped down to take only 27 per cent.   
Qatar 2022
Monday 22 September 2014
Bookmaker Coral has made Qatar odds-on to be stripped of the 2022 World Cup by Fifa.
Bacteria
Monday 22 September 2014
The threat posed by antibiotic resistance to human health is growing. Every year, more bacterial strains emerge which are able to to resist even the most powerful drugs.   
The British Museum
Monday 22 September 2014
The British Museum will be recreated in the video game Minecraft, whose developer Mojang was bought for £1.5bn by Microsoft.  
Alibaba founder Jack Ma
Monday 22 September 2014
How did ecommerce giant Alibaba go on to have the biggest IPO in history? Well perhaps this video gives us an idea.   

Pages