Retail sales to the fore as reporting ends – Wall St week November 9, 2014 WITH the US third-quarter earnings season almost at an end, many investors are breathing a sigh of relief as more companies surpassed profit expectations than in any quarter since 2010. But some analysts say investors may be brushing off their worries about corporate profits a little too soon. Economists are focused on retail sales after [...]
Where to spend Christmas: From Sydney to Finland, jet off to your dream winter wonderland November 9, 2014 Can’t face another Christmas trying to please the in-laws? Then make good your escape and book a festive trip far from home. Whether you’re looking for an authentic Scandinavian experience or just some respite from the cold, the ideal winter holiday is waiting for you. Here are some of our favourites: MEET SANTA [...]
Zynga fails to make a hit in third quarter November 6, 2014 VIDEO gaming firm Zynga’s losses increased to $57.1m (£36.1m) in the third quarter of 2014, compared with a loss of $68,000 last year, as the FarmVille maker struggled to create its next hit and doubled down on efforts to make current offerings more mobile-friendly.
Car sales soar on high consumer morale November 6, 2014 New car registrations rose by 14.2 per cent year-on-year in October, marking the 32nd consecutive month of growth, according to figures released yesterday by the Society of Motor Manufacturers and Traders. In the year to October, 2,137,910 cars were registered.
BSkyB buys up lion’s share of Sky Deutschland November 6, 2014 PAY TV broadcaster BSkyB will own a larger-than-expected 87.45 per cent of Sky Deutschland once its takeover closes next week. The Sky Europe deal – as it has been dubbed with BSkyB buying up its Italian and German counterparts – will create a media empire spanning six countries and reaching 20m customers. With the purchase, [...]
Coors light makers hit by weaker demand November 6, 2014 MOLSON Coors Brewing reported a loss of $34.4m (£21.7m) for the third quarter of 2014, compared with a profit of $134.3m last year. The company, whose brands include Coors Light and Cobra Beer, was impacted by higher spending on marketing and “weak consumer demand” in the US, Europe and Canada – worldwide beer volumes fell [...]
Best of the Brokers for 07 November 2014 November 6, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com ITV Westhouse Securities reiterated its “add” rating, and said it was positive on ITV’s “fundamental attractions”, which include the breadth of its content portfolio, the quality of its management team and its “unrivalled ability to deliver a large mass-market TV audience to advertisers”. [...]
FTSE edges higher despite declines in insurers’ shares – London Report November 6, 2014 BRITAIN’S top share index ended slightly higher yesterday, with RSA leading insurers lower on weak premiums and drugmaker GlaxoSmithKline slipping after trading without the attraction of its latest dividend. The FTSE 100 ended 0.18 per cent higher at 6,551.15 points, after rising to as much as 6,580.21 earlier. RSA slipped five per cent to 460.10p, [...]
Wall St rises on ECB statement – New York Report November 6, 2014 US STOCKS edged up yesterday in a volatile session, with the Dow and S&P 500 hitting fresh record closing highs on an indication that the European Central Bank would take more policy action if needed to boost its struggling economy. The Dow Jones rose 69.94 points, or 0.4 per cent, to 17,554.5, the S&P 500 [...]
Woman’s hour November 6, 2014 The new generation of ladies’ watches boasting brains as well as beauty P22 Get in FREE to SalonQP London’s fine watch show opens today
