Manchester City to foot Frank Lampard bill after Chelsea move amid claims of FFP dodge August 5, 2014 Manchester City-bound Frank Lampard will have his wages paid in full by his new employers amid suggestions the transfer is a ploy to flout European football’s Financial Fair Play regulations. Arsenal manager Arsene Wenger raised concerns after news broke that Lampard, who spent 13 years with Chelsea and scored a club record 211 goals, is [...]
Goodbye, Piccadilly as “Lights Out” hour marks First World War centenary August 4, 2014 It was the night that Britain marked the centenary of its entry into the First World War with a “Lights Out” tribute, echoing the evocative remarks of Britain’s foreign secretary all those decades ago. Sir Edward Grey warned: “The lamps are going out all over Europe”… and so they did again last night, perhaps nowhere more [...]
Best of the Brokers for 05 August 2014 August 4, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com GSK Galvan Research has maintained its “buy” rating, saying that it “views the post-results sell-off as an over-reaction that has created an opportunity to buy…at a discount”. The broker points to the recent dividend hike as proof of confidence in strategy which should [...]
London Report: FTSE steadies as investors buy into HSBC stock August 4, 2014 BRITAIN’S top share index steadied after three straight days of falls yesterday, propped up by HSBC as investors bought into the bank’s beaten-down shares after it posted first-half results. The index heavyweight rose 0.9 per cent in spite of a 12 per cent drop in pre-tax profits in the six months to the end of [...]
New York Report: US stocks lifted by Warren Buffett gains August 4, 2014 US stocks closed higher yesterday, lifted in a late rally driven by earnings from Warren Buffett’s Berkshire Hathaway and broad gains across most sectors that helped the S&P 500 rebound from its largest weekly drop since 2012. Warren Buffett’s Berkshire Hathaway gave the S&P 500 its biggest boost, helping it snap a two-day losing streak [...]
Robshaw load eased by Quins August 4, 2014 DIRECTOR of Rugby Conor O’Shea believes the decision to hand prop Joe Marler the Harlequins armband will allow England captain Chris Robshaw the freedom to scale lofty heights over the next 12 months. Back row forward Robshaw has skippered Harlequins for the past four seasons and held the reins as the Twickenham Stoop club secured [...]
Woods unlikely to play in PGA August 4, 2014 FORMER world No1 Tiger Woods looks destined to miss the US PGA Championship at Valhalla this week as his long-term back injury shows little sign of relenting. Playing in only his third event since undergoing surgery in March, Woods re-injured his lower back and was forced to withdraw from the WGC-Bridgestone Invitational. Woods, who has [...]
West Ham star is granted bail August 4, 2014 WEST Ham midfielder Ravel Morrison was released on bail yesterday after three days in custody on charges of assaulting his ex-girlfriend and her mother. The England Under-21 star faces two charges of common assault after an alleged incident involving Reah Mansoor, 19, and Parveen Mansoor, 39, on 27 July. He was initially remanded in custody [...]
Cowes Week Diary: Financial firms out to prove they’re big fish in Solent race August 4, 2014 ABERDEEN Asset Management’s association with sailing stretches around the world. From our title sponsorship of Cowes Week taking place this week to the Farr 40 Australian Series Down Under and the Extreme Sailing Series in Singapore, sailing has become a sport in which our company values of teamwork, diligence and dedication are displayed by crews [...]
2014 Commonwealth Games: Glasgow’s been lucky, lucky, lucky August 3, 2014 Australian pop princess Kylie Minogue was crowned the queen of Glasgow last night as she headlined the closing ceremony of the 2014 Commonwealth Games. The Games formally closed last night after 11 days and 261 gold medals. England topped the medals table for the first time in 28 years with 174 medals, while Scotland and [...]