Best of the Brokers for 08 December 2014 December 7, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com CAMBIAN GROUP Numis reiterated its “buy” rating, following the firm’s acquisition of Woodleigh Community Care for £63m. The broker noted that Cambian’s management believes that it will be able to roll out Woodleigh’s hub-and-spoke model to other parts of its learning disability services. [...]
Retail data to show UK spending boost from Black Friday – London Report December 7, 2014 Black Friday is expected to have added a healthy boost to November’s retail sales, which the British Retail Consortium is due to announce tomorrow. Howard Archer, of Global IHS Insight, said: “While consumers are always keen to take advantage of bargains, particularly in the run-up to Christmas, the desire for bargains has undoubtedly been heightened [...]
US banks face capital review – New York Report December 7, 2014 MARKETS are starting to slow down, with major averages seeing smaller day-to-day moves as trading declines, but investors are inclined to retain a bullish view, particularly after strong jobs data. The data calendar lightens this week with only retail sales, producer price inflation and consumer sentiment reports due. The US Federal Reserve will meet tomorrow [...]
Gimme 5: Christmas books for entrepreneurs December 7, 2014 Business Adventures by John Brooks Bill Gates’s all-time favourite business book, these twelve short stories narrate turning points for some of the world’s largest companies, providing salient lessons on money, ethics and the corporate world. From £10.13 (Open Road Media) Zero to One by Peter Thiel The visionary PayPal co-founder and venture capitalist explains [...]
48 hours in… Bruges December 7, 2014 WHERE TO STAY B&B De Corenbloem is the ultimate in olde-worlde European luxury. Rooms start from €150 per night. Visit decorenbloem.be WHERE TO EAT Den Huzaar is a traditional bistro that does Belgian classics and does them well. Visit denhuzaar.be or call 032 050 33 37 97 WHERE TO DRINK In Belgium it has to [...]
Bond is back for the 24th time & he‘s got a new motor December 4, 2014 PINEWOOD studios yesterday announced that 007 will be returning to the screens for the 24th time in a film entitled Spectre. Daniel Craig will again play the suave British agent James Bond and it will also star Naomie Harris, Lea Seydoux and Monica Bellucci – all pictured above. Bond will have a new set of [...]
Barnes & Noble ends deal with Microsoft December 4, 2014 BOOKS giant Barnes & Noble has struck a deal to buy Microsoft’s stake in Nook Media, ending a two-year partnership and clearing the way for it to spin off its loss-making e-reader and digital content division. The value of the cash and share deal is about $125m.
Irn Bru-maker loses its Fizz as sales slow December 4, 2014 AG BARR said yesterday it was confident of hitting full-year targets despite reporting a slowdown in third-quarter sales. The Scottish company behind Irn Bru said like-for-like sales for the 18 weeks to 30 October fell by 0.6 per cent, blaming tough comparisons with the “very strong growth” in the first half. Revenues for the year-to-date have [...]
Christmas charity: Lord Mayor Alan Yarrow calls on City to support disabled children December 4, 2014 This Christmas, City A.M. is presenting five of our favourite charities to provide our readers with some inspiration for festive charitable giving. Lord Mayor Alan Yarrow is still settling into his new role, but he’s already put in place a strong case for The Lord Mayor’s Appeal and the main charities it is [...]
Best of the Brokers for 05 December 2014 December 4, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com LANCASHIRE HOLDINGS Westhouse Securities reiterated its “add” rating, following reports that ex-Lancashire chief executive Richard Brindle is in talks to raise money with the aim of launching his own start-up insurer in 2015. The broker suspects the launch “will weigh on Lancashire’s share [...]
