Best of the Brokers for 09 April 2014 April 8, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com MOTHERCARE Cantor Fitzgerald tells investors to “sell” the retailer ahead of a trading update tomorrow. Dropping its target price from 200p to 151p, the broker said the children’s retailer is “running out of options” with sales dropping at home and overseas. HIKMA PHARMACEUTICALS [...]
London Report: FTSE slumps to a two-week low as Sports Direct falls April 8, 2014 THE UK’S blue chip share index hit a two-week low yesterday, with Sports Direct leading losses after a share sale by founder Mike Ashley and technicals pointing to a bearish market outlook in the near term. Sports Direct, Britain’s biggest sporting goods retailer, slumped 9.2 per cent after Ashley sold 25m shares, while financial stocks [...]
New York Report: Shares bounce back in the US April 8, 2014 US STOCKS rose yesterday, snapping a three-day losing streak as investors bought beaten-down social media and internet shares. The day’s biggest gainers included Amazon, up 2.9 per cent, Yahoo, up 2.3 per cent, and LinkedIn, up 5.9 per cent. The Global X social media index rose 2.4 per cent to close at 18.50. But gains [...]
Letters to the Editor – 09/04 – Student migrants, Stamp duty, Best of Twitter April 8, 2014 Student migrants [Re: It’s a national scandal that Britain is driving away foreign talent, yesterday] Lord Bilimoria hits the nail on the head. The government’s ridiculous net migration target has had the perverse effect of forcing the Home Office to tighten up the rules on international students, who are presumably the very migrants we should be [...]
Future star fund managers revealed April 8, 2014 A number of the industry’s big beasts have moved on, leading some to question the value of active management A NUMBER of the fund management industry’s big names either retired or moved on in 2013, turning the spotlight onto the importance of investors keeping abreast of who is managing their money. But while star managers [...]
Why remote working may be dying April 8, 2014 Homeworkers can be just as productive but risk missing out on the corporate culture UNTIL recently, it looked like remote working was the future. Faster home broadband connections, new services like Skype, and nascent document-sharing technologies raised hopes that the daily office commute would soon be a preserve of the minority. The data backed this [...]
Thali joins the growing Indian food renaissance April 8, 2014 @steve_dinneen RESTAURANT THALI 166 Old Brompton Road, SW5 0BA Tel: 020 7373 2626 FOOD Four Stars VALUE Four Stars ATMOSPHERE Four Stars Cost for two with some wine: £107 SO LAST month everything was plodding along nicely, all work, work, pub, pub, pub, taxi, take-away, bottle of red, quick whisky, sleep, aspirin, coffee, coffee, work, [...]
Mix it up: Take some time to consider the ryes and the wherefores April 8, 2014 @philip_salter WE LIVE in an age obsessed with what we eat. We want to know it all – down to whether the dead animal on our plate had an emotionally fulfilling life; if her parents were of good stock; and whether she suffered from dandruff. Yet many of us throw back alcohol without even knowing [...]
Champions League: Ba completes Chelsea’s Euro recovery job April 8, 2014 AT STAMFORD BRIDGE CHELSEA 2 PARIS SAINT-GERMAIN 0 (3-3 on aggregate. Chelsea win on away goals) CHELSEA manager Jose Mourinho insists he does not care who they face in the Champions League semi-finals after he masterminded a dramatic late victory over Paris Saint-Germain last night. Substitute Andre Schurrle scored the first of two goals needed [...]
English amateur paired with Scott April 8, 2014 MASTERS champion Adam Scott will begin the defence of his title alongside 19-year-old Sheffield amateur Matthew Fitzpatrick in Augusta tomorrow. Fitzpatrick won the 2013 US Amateur title, becoming the first English winner since 1911, and tees off alongside the Australian world No2 and America’s Jason Dufner at 3.41pm GMT. Green jacket favourite Rory McIlroy plays [...]
