Capital One Cup: Arsenal exit but Liverpool win record shootout September 23, 2014 ARSENAL 1 SOUTHAMPTON 2 ARSENAL boss Arsene Wenger last night leapt to the defence of his makeshift side as they were dumped out of the Capital One Cup in front of their own fans. The Gunners, twice winners of the competition, took the lead through Alexis Sanchez on 13 minutes, but a Dusan Tadic penalty [...]
McDowell: Rory doesn’t need me anymore September 23, 2014 FORMER US Open champion Graeme McDowell fears familiar playing partner Rory McIlroy has become too good for him. The pair stood side by side at Celtic Manor and Medinah in the last two Ryder Cups, but a strained relationship off the course recently had led Europe team captain Paul McGinley being questioned on whether he [...]
Tigers curse continues as Youngs is to miss autumn internationals September 23, 2014 HOOKER Tom Youngs has added to England head coach Stuart Lancaster’s mounting injury woes, after club side Leicester revealed he faces three months on the sidelines following a shoulder operation. Youngs is the third Leicester forward set to miss the autumn international series, along with Ed Slater and Dan Cole. There are further concerns too [...]
Middlesex move a point closer to maintaining Division One place September 23, 2014 MIDDLESEX are closing in on County Championship safety after securing an invaluable batting bonus-point on day one of their relegation decider with Lancashire at Old Trafford. Lancashire trail Middlesex by 19 points in the Division One table, so must win the match and earn three more bonus points than their rivals in order to survive. [...]
China slowdown hits high fashion and miners September 22, 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. Shares of Italian fashion brand Prada fell to their lowest in 26 months during trading yesterday on fears of weaker consumer demand growth in China, a key [...]
Laying down the law on M&A and sell offs September 22, 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. Against that backdrop lawyers have also started to benefit from the upturn in the M&A and financing markets, beefing up their private [...]
Best of the Brokers for 23 September 2014 September 22, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com PETROFAC Barclays has upgraded to “overweight” from “equal weight”, with the target price kept at 1,500p. Barclays says while Petrofac’s Great Stella development needs to come on-stream, its record order backlog will likely ensure strong growth in the years ahead, with significant upside [...]
London Report: Tesco’s woes and miners’ China fears drag down market September 22, 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. The blue-chip index was off 64.29 points, 0.94 per cent, at 6,773.63 points. Supermarket rivals Morrison and Sainsbury’s were hit [...]
New York Report: Housing data hits Wall St September 22, 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. The Dow Jones industrial average fell 104.01 points, or 0.6 per cent, to 17,175.73, the S&P [...]
McGinley: Beware of vengeful USA September 22, 2014 EUROPE team captain Paul McGinley has warned his players to beware of a wounded beast when the 40th Ryder Cup commences on Friday at Gleneagles. USA succumbed to a second successive Ryder Cup defeat in 2012, with Europe – inspired by former world No5 Ian Poulter in particular – clawing back a four-point deficit on [...]
