Best of the Brokers for 20 November 2014 November 19, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com POLYPIPE Canaccord Genuity reiterated its “buy” rating, following a positive interim statement from Polypipe which revealed a continuing strong performance in its main UK market. The broker said it believed shares would outperform “as investors’ fears over the sustainability of the UK housing [...]
Royal Mail and miners weigh heavily on FTSE – London Report November 19, 2014 THE FTSE 100 ended a four-day rally yesterday as falling iron ore prices hit mining stocks and trading updates from Royal Mail and testing firm Intertek disappointed investors. Hit by its heavy weighting in commodity-related stocks, the blue chip index underperformed European peers, dropping 12.53 points, or 0.2 per cent, to 6,696.60 points. One of the [...]
Dow and S&P retreat from record highs – New York Report November 19, 2014 US SHARES edged lower yesterday as minutes from the most recent Federal Reserve meeting gave investors few new clues as to when interest rates might rise. The S&P 500 snapped a four-day run of gains and a two-day streak of record closing highs. The Dow Jones industrial average fell 2.09 points, or 0.01 per cent, [...]
Sainsbury’s and John Lewis’ Christmas adverts beaten by Shakira in 2014 most-shared ad list November 19, 2014 Move over Sainsbury’s, step to the side John Lewis. Neither brand has taken the mantle for the most shared ad of 2014. Marketing technology company Unruly has scoured the web and has identified Activia’s collaboration with Shakira as the most identified advert on the web. The yoghurt company teamed up with the Colombian [...]
What the minutes from the Federal Reserve’s October meeting tell us November 19, 2014 The minutes from the Federal Reserve's October 28 – 29 meeting showed little debate between its members on the key aspects of last month's statement. Last month, the Fed stuck to its pledge to keep interest rates near zero for a "considerable time" but gave little indication as to when interest rates would raise. [...]
Apple to take on Spotify by integrating Beats streaming service into every iPhone and iPad November 19, 2014 Apple will start integrating the Beats music subscription service into every iOS device early next year, as the battle for music streaming supremacy intensifies. The paid-for Beats service will be introduced to iPads and iPhones in an iOS update that could take place as early as next March, according to the Financial Times. [...]
Sir Clive Woodward offers Stuart Lancaster his advice: “Work your socks off” November 19, 2014 Sir Clive Woodward has offered his advice to beleaguered England head coach Stuart Lancaster: keep working your socks off. The mastermind behind England’s 2003 Rugby World Cup triumph said that Lancaster, whose England side has lost five games in a row, must demonstrate to his players that he’s up for the fight. England [...]
WhatsApp’s new encryption system is “the largest in history” November 19, 2014 Snoops and spooks will be shut out of messages sent by the more than half a billion WhatsApp users around the world. WhatsApp has turned on a new encryption system developed by the secure communication group Open Whisper Systems. Data will be scrambled as it's sent from user to user, and will be [...]
TTIP receives sterling defence from EU trade commissioner November 19, 2014 Europe's trade commissioner Cecilia Malmstrom gave a vigorous defence of the Transatlantic Trade and Investment Partnership (TTIP) yesterday. The speech took its title from the iconic American western "the Good, the Bad and the Ugly" staring the legendary Clint Eastwood. Malmstrom mused that the film itself was an excellent example of transatlantic co-operation, with a [...]