Best of the Brokers for 01 May 2014 April 30, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com INTERNATIONAL PERSONAL FINANCE Numis recommends that investors buy shares in the loans company and has increased the target price from 644p to 675p. The broker has hiked its earnings per share forecasts to reflect IPF’s dominance of the home credit market and a [...]
London Report: Shell and Barratt push FTSE upward to seven-week high April 30, 2014 THE UK’S blue-chip share index set a seven-week high yesterday, lifted by a rally in energy stocks after solid results from Royal Dutch Shell, although tensions in Ukraine and poor US growth data capped gains. Shares in Shell gained 3.7 per cent, adding the most points to the FTSE 100 index, after the Anglo-Dutch company [...]
New York Report: Fed lifts Dow to new record April 30, 2014 US STOCKS rose and the Dow ended at a record high yesterday after the Federal Reserve gave an upbeat view of the economy’s prospects as it announced another cut to its bond-buying programme. Investors brushed aside data showing weak first-quarter economic growth, which was tied to the severe winter that hampered exports and hit investment [...]
Champions League: Seven mad minutes end Blues’ dream April 30, 2014 AT STAMFORD BRIDGE CHELSEA 1 ATLETICO MADRID 3 (Atletico Madrid win 3-1 on aggregate) CHELSEA manager Jose Mourinho was left to curse a pivotal seven-minute spell after his “dream” of leading the club to the Champions League final for the first time was steamrolled by Atletico Madrid last night. Fernando Torres fired the Blues ahead [...]
Familiar settings can aid England in Sevens Series April 30, 2014 IMPROVING England are hoping a return to British shores can give them the boost required to secure a maiden victory as this year’s HSBC Sevens World Series nears a conclusion in Glasgow this weekend. England recorded consecutive fourth and third place finishes after a mid-Series slump and reached a final in Hong Kong last time [...]
Rogers leads record-breaking run chase April 30, 2014 AUSTRALIA international batsman Chris Rogers hit an unbeaten 241 to ensure Middlesex successfully chased down their highest-ever target at Lord’s to beat Yorkshire on the final day of their County Championship match. The home side scored 472-3 in their second innings and Rogers said: “That’s the kind of thing you dream about as a cricketer.”
Dani Alves, the banana and the marketeers April 30, 2014 IT WAS the spontaneous and widely acclaimed riposte to a deplorable racist act, and spread like wildfire via social media seconds after its enaction on Sunday night. But it has now transpired that Dani Alves’ decision to pick up a banana hurled in his direction from the stands and munch it in nonchalant defiance was [...]
Ankle operation rules Townsend out of World Cup April 30, 2014 TOTTENHAM winger Andros Townsend will miss this summer’s World Cup after the club confirmed he will undergo an ankle operation today. The 22-year-old suffered the injury during a late cameo appearance in Spurs’ 1-0 win at Stoke at the weekend, though limped through the remainder of the match having been the third and final permitted [...]
O’Sullivan surprised by ease in reaching Crucible semi-finals April 30, 2014 WORLD Snooker champion Ronnie O’Sullivan admitted his surprise at the ease with which he brushed aside Shaun Murphy in yesterday’s quarter-final. O’Sullivan recovered from 2-0 down to lead 6-2 overnight and proved too strong for 2005 champion Murphy when they resumed, triumphing 13-3. The 38-year-old, on a 13-match winning streak at the Crucible, said: “You [...]
Spotlight on Financial Fair Play in Football: Man City set to be hit with squad restrictions for FFP infringement April 30, 2014 Manchester City are expected to be forced to field a weakened team in next season’s Champions League as punishment for breaking European financial fair play (FFP) rules. The sanction could take the form of a reduction in the number of players or a cap on the total wage bill of the squad City can register [...]