Anglesey buys stake in iron mine May 29, 2014 Anglesey Mining yesterday said it has agreed to buy a controlling stake in the Grangesberg iron ore mine in Sweden. The Aim-listed miner, which is carrying out exploration work at its Parys Mountain deposit in North Wales, said the mine has strong future potential. It is expected that the mine will be able to produce [...]
City Moves for 30 May 2014 | Who’s switching jobs May 29, 2014 Investec Investment Bank & Securities The specialist investment bank has appointed Alison Watson to lead real estate research. She joins from Liberum Capital, where she was head of real estate research. Watson has also previously held roles at UBS Investment Bank and Matrix Group. Irwin Mitchell The law firm has promoted Chris Rawstron to the [...]
Best of the Brokers for 30 May 2014 May 29, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com AMEC Berenberg has initiated on Amec with a “buy” recommendation and a target price of 1450p. The broker says the merger with Foster Wheeler will give Amec “transformative potential” through revenue synergies, with likely sustained strong earnings growth provided by its North Sea [...]
London Report: FTSE closes near record high on takeover talk May 29, 2014 BRITAIN’S top share index advanced to trade near a 14-year high yesterday, with takeover speculation surrounding companies such as Smith & Nephew and Weir Group lifting investors’ appetite for riskier assets. The FTSE 100 index finished 0.3 percent higher at 6,871.29 points, outperforming slightly lower benchmark indexes in France, Germany, Italy and Spain. Trading volumes [...]
New York Report: S&P soaring as investors bet on economy May 29, 2014 THE S&P 500 index climbed to its third record closing high in four sessions yesterday as traders shrugged off data that showed the economy shrank in the first quarter and bet on improvement in the second quarter. New claims for unemployment benefits fell more than expected last week, pointing to a strengthening labour market and [...]
Why Devon is the capital of grape Britain May 29, 2014 The English wine industry is thriving. Kasmira Jefford marks Wine Week with a trip to see where it’s made WHEN driving south from Exeter towards the coastal town of Teignmouth, the road makes a steep ascent over the Haldon Hills where, according to local legend, the first vineyards in Britain were planted by the Romans. [...]
Seth MacFarlane: wanted dead or alive for making dreadful Western spoof May 29, 2014 FILM A MILLION WAYS TO DIE IN THE WEST Cert 15 | One Star THERE are a million ways to die in Hollywood, but being one of the worst ever hosts of the Academy Awards apparently isn’t one of them. Seth MacFarlane survived his Oscars nightmare with enough star quality intact to attract a number [...]
Theatre review: A Human Being Died that Night May 29, 2014 Among the secret service personnel working for the apartheid government, no one used the word “kill”. Instead people were “dealt with” or “taken for a drive”. Such linguistic sleights of hand are steadfastly avoided in A Human Being Died That Night, a taut, brilliantly acted play that looks with a scientific eye at the politics [...]
Should have stayed in bed: Sleeping Beauty update is luke-warm May 29, 2014 FILM MALEFICENT Cert PG | Two Stars DISNEY’S live action remake of Sleeping Beauty is an inversion of the fairytale told from the perspective of Maleficent. The cackling horned villain, who spends most of the animated version glowing green and plotting with a raven, is reimagined as a vengeful fairy who curses princess Aurora to [...]
Just the right balance of brains and silliness May 29, 2014 FILM EDGE OF TOMORROW Cert 12a | Four Stars IRON MAN, Saving Private Ryan and Groundhog Day complement each other surprisingly well as inspiration for the latest Tom Cruise blockbusting sci-fi epic, Edge of Tomorrow, in which Hollywood’s smallest titan fights and dies and fights and dies over and over again. Humans are locked in [...]
