Best of the Brokers for 19 March 2014 March 18, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com CARNIVAL UBS keeps its “buy” rating on the cruise operator and raises its target from £25 to £26. The broker expects Carnival to post a $0.09 loss per share in its quarterly results next week, but believes the firm’s Costa ships will ride [...]
London Report: Shares lifted by Putin’s speech despite tension March 18, 2014 THE UK’S top share index rose yesterday as stock markets rebounded after a speech by Russian President Vladimir Putin on Ukraine, which some traders interpreted as being less aggressive in tone than had been expected. The blue-chip FTSE 100 index closed up 0.6 per cent, or 36.93 points, at 6,605.28 points – marking only the [...]
New York Report: Wall St pushes stocks close to a record high March 18, 2014 US STOCKS climbed for a second straight session yesterday, with the S&P 500 within striking distance of its record after comments from Russian President Vladimir Putin lessened anxiety that tensions over Ukraine could escalate even further. Gains were broad, with nine of the 10 primary S&P 500 sector indexes higher for the day. An S&P [...]
Letters to the Editor – 19/03 – Baffling economics, Ukraine crisis, Best of Twitter March 18, 2014 Baffling economics [Re: Economics baffles half the population, Monday] So 48 per cent of UK adults say they understand how the economy works. This seems high, given the management of the economy in the run-up to the Great Recession. Surely, the Treasury and the FSA would have done a better job if even 48 per [...]
Junior Isas: Kickstart your child’s savings March 18, 2014 But the tax wrapper is not always the best vehicle, as the funds are locked away until the child turns 18 With the total cost of a university degree topping £50,000 according to some estimates, and successive generations finding it harder to get a foot on the property ladder, many parents looking for a tax-efficient [...]
Three investment ideas to boost your portfolio March 18, 2014 @AnnabelPalmer1 INVESTORS have just over a fortnight to make the most of this year’s Isa allowance (up to £11,520 in a stocks and shares Isa in 2013-14). But it’s also a good time to review whether your portfolio needs rebalancing. In the latest in our series on Isa investment ideas, City A.M. talks to the [...]
How to beat that afternoon slump March 18, 2014 Battling to keep your eyes open at 3pm? Here’s how to boost your post-lunch productivity EMPLOYERS are going to great lengths to keep staff alert throughout the day. Google and P&G have invested in “EnergyPods” – chairs designed for power naps in the office. Others are creating “social workplaces,” with afternoon ice cream contests and skateboarding competitions. [...]
ACCA Comment: Corporation tax is due for a revamp March 18, 2014 Company taxation in its current form is looking out of date BUDGET fever has truly taken hold when even global super-group One Direction starts calling on the chancellor to do something about corporation tax. Last week, the boy band asked its millions of fans to “bombard” George Osborne with emails, urging him to crack down [...]
Introducing: the designs of the year March 18, 2014 The ingenious creations that are set to define tomorrow’s world MOST museum shows look back to the past. With flying cars, floating schools and wheelchairs that grow with the owner, this one is all about the future. Next week the seventh Designs of the Year exhibition opens at the Design Museum, and the broad selection [...]
Mix it up: Want to loosen up? Forget tequila shots, rum is what you need March 18, 2014 @philip_salter IN TRUTH, most men don’t like dancing. But for reasons largely unknown to bearers of the Y-chromosome, men are expected to prance around like idiots in a vain attempt to attract the opposite sex. Perhaps we are mimicking moribund hunting rituals, but whatever the explanation for this failure of evolution to catch up with [...]