Eurozone fears pull down FTSE to one-year low – London Report October 9, 2014 THE FTSE 100 yesterday hit its lowest level for a year after early gains fell away in a broad-based sell-off as investors became anxious about signs of serious weakening in the Eurozone economy. The blue-chip index, which hit 6,544 points in morning trading, due mainly to a rise in mining shares, ended the day down [...]
Dow plummets over 330 points on global fears – New York Report October 9, 2014 THE DOW Jones industrial average yesterday plunged 334 points as falling energy stocks and worries about the global economy sent investors fleeing from the market. The blue-chip index rose 275 points the day before. By the end of the day, the Dow had lost 334.97 points, or two per cent, to 16,659.25. The Standard & [...]
10 October on this day… October 9, 2014 1996: Former England skipper Bill Beaumont, with the help of 10-year-old Mary Sweeney, unveiled the “Spirit of Rugby” train at Twickenham station. Beaumont led England to their first Grand Slam for 23 years in 1980 and took the British Lions to South Africa that summer before becoming a popular captain on “A Question of Sport”. Now [...]
Wales value to beat Bosnia Herzegovina October 9, 2014 BEN CLEMINSON PREVIEWS WALES V BOSNIA HERZEGOVINA AND ESTONIA V ENGLAND LED BY Gareth Bale, predictably named Welsh Player of the Year for a record fourth time earlier this week, Wales have risen to 29th in the world rankings, and hold every chance of beating Bosnia Herzegovina in Cardiff tonight. Wales got off to a [...]
Plucky Estonians set to make Three Lions work hard in Tallinn qualifier October 9, 2014 YOU COULD argue that by beating Switzerland 2-0 in their opener, that England have already won Group E and last night’s win over San Marino at Wembley was as expected as it was meaningless – at least in terms of assessing how much progress the Three Lions have made since the World Cup debacle. Many [...]
Spread betting on handicap markets October 9, 2014 HANDICAP spread markets offer terrific value if you fancy a team to win – particularly if they are the underdog on the supremacy market. Wales play Bosnia Hercegovina tonight and there’s a case for saying the supremacy market should be closer than the 0.25-0.45 it’s trading at. The Welsh have reached their highest ranking since [...]
Amazon renews film deal with Studiocanal October 8, 2014 Studiocanal, the production company behind films such as Paddington and The Hunger Games, said yesterday it had extended an agreement with Amazon to supply the online retailer with movies for its streaming service in the UK and Germany.
GW’s shares slump after NHS rejects cannabis drug over cost October 8, 2014 A PIONEERING cannabis drug developed by British firm GW Pharmaceuticals for treating spasticity in multiple sclerosis has been rejected as not cost-effective. The National Institute for Health and Care Excellence (Nice), which determines if medicines are worth using by the NHS, said yesterday the modest benefits and high cost of Sativex did not justify its [...]
Land Securities’ Moorgate Crossrail scheme October 8, 2014 Land Securities unveiled plans yesterday for a 500,000 square feet of office scheme above the new Crossrail station at Moorgate in the City. The developer launched a public exhibition for the scheme at 21 Moorfields and expects to submit plans next month. Land Securities has a three-year option to buy the site which expires at [...]
Best of the Brokers for 9 October 2014 October 8, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com EUROMONEY INSTITUTIONAL INVESTOR Westhouse securities has reiterated its “neutral” rating. It reduced its target price from 1,090p to 1,063p. It added that Euromoney’s pre-close update contained no real surprises, but confirmed that challenging trading conditions in banking and foreign exchange continued to constrain [...]