Best of the Brokers for 16 April 2014 April 15, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com G4S Deutsche Bank has lowerd its rating on the outsourcing group to “sell” from “hold” and cut its target price to 210p from 221p. While the broker acknowledges G4S’s efforts to overhaul itself, and sees its exposure to emerging markets as a strength, [...]
London Report: Fears over Ukraine and earnings sends UK blue chips lower April 15, 2014 THE UK’S top shares sank to their lowest close in three weeks yesterday, hit by mining companies on concern about demand, while the deteriorating situation in Ukraine and doubts about corporate earnings hurt broader sentiment. Miners came under pressure alongside base metals after data showed Chinese money supply grew at the weakest pace in more [...]
New York Report: USA equities swing higher April 15, 2014 US stocks ended a volatile session higher yesterday, lifted by gains in such blue-chip names as Coca-Cola and Johnson & Johnson, though persistent weakness in momentum names limited the Nasdaq’s advance. The three major US stock indexes fell for much of the session before rebounding in afternoon trading. The Nasdaq moved in a 108.77-point range, [...]
Letters to the Editor – 16/04 – Mansion tax-lite, Housing crisis, Best of Twitter April 15, 2014 Mansion tax-lite [Re: Why the Lib Dems’ new mansion tax-lite is just as ugly, yesterday] Alex Wild makes some excellent points on the unfair mansion tax. It would be nice to hear some intellectual justification from the likes of Nick Clegg and Ed Miliband. We won’t, of course, because there isn’t one. The politics of [...]
Where to put your money to see real returns on cash April 15, 2014 Current accounts offer eye-catching rates, but remember the tax advantages of Isas WITH inflation dipping to 1.6 per cent on the consumer price index in March, and competition starting to hot up among retail banks, many current accounts are now offering the chance to earn decent real returns on cash. As many as 10 new [...]
Investment Comment: Three principles to guide Isa investors for the long term April 15, 2014 Multi-asset funds will likely become increasingly popular as the bumpy global recovery continues WHEN investing in your Isa, the first step – getting your money in place before the end of the tax year – is the easiest. But now that savers have secured their use-it-or-lose-it annual allowances (currently up to £11,880 in a stocks [...]
Four reasons not to dismiss inbox zero April 15, 2014 Email perfectionism has a bad reputation, but you can learn something from it without going all in THE WORLD is turning on inbox zero. The craze for having no unread messages, for emptying your inbox by constantly shuffling email between “to do”, “follow-up” and “completed” folders (and myriad sub-folders), is facing a backlash. First coined [...]
Restaurant review: One Kensington April 15, 2014 @steve_dinneen RESTAURANT 1 Kensington High Street, W8 5NP Tel: 0207 795 6533 FOOD Two Stars VALUE Two Stars ATMOSPHERE Two Stars Cost for two without booze: £100 I’m pretty sure Jason Atherton’s Berner’s Tavern featured prominently on the mood-board for Tamarind Collection’s new opening, One Kensington. They’re both big, high, grand old halls that have [...]
Let’s get cracking | Six of the best Easter eggs April 15, 2014 Fortnum & Mason’s hand decorated milk chocolate egg Billed as a “work of art in chocolate”, this oval marvel was hand-crafted in England. Available with a pink or blue ribbon, the egg is filled with chocolate treats. £39.95 fortnumandmason.com Harrod’s milk chocolate easter egg with dolly mix The deep groove detailing that runs down the [...]
Premier League: Giroud fires Gunners and downs Irons April 15, 2014 ARSENAL 3 WEST HAM UNITED 1 ARSENAL manager Arsene Wenger saluted a “perfect touch” from Olivier Giroud last night after the striker’s return to form helped earn his side a comeback win and reignited their Champions League charge. Lukas Podolski contributed two typically emphatic finishes as the Gunners recovered from falling behind to a Matt [...]