I recreated all my favourite TV tropes, from crawling through pipes to being two kids in a trenchcoat
The Diary’s guide to Davos 2014 January 16, 2014 DUSTING off your salopettes and brushing up on your economic theory? Yep, it’s almost Davos time – the world’s biggest Alpine think-fest kicks off on Wednesday which means anyone who is anyone in the world of economics, international politics and big business will be descending on that little Swiss resort to discuss, ski, drink, repeat [...]
Bovis boss hails strongest order book in years January 16, 2014 BOVIS Homes said its order book was at its strongest state in many years and that it was seeing robust demand for its homes in the early weeks of 2014, as buyers backed by the government helped boost the housing market. In a trading update yesterday, issued ahead of its full year results, the housebuilder [...]
Analyst Views: What did you make of Bovis’s performance in the period? January 16, 2014 MARK HUGHES | PANMURE GORDON Bovis Homes’ trading statement was strong and the call with management was encouraging. Overall, an increase in the number of active sites, sales rates, volumes, pricing and margins have contributed to a significant uplift in earnings per share and net asset value for Bovis over the past 12 months CLYDE [...]
Stanley Gibbons says its coins trader is bringing in the cash January 16, 2014 STAMP dealership Stanley Gibbons said yesterday that it expects increased sales in the year ahead as a result of “cross selling opportunities” made possible by its recent £45.3m acquisition of Noble, the coin-collecting firm. In a pre-close trading update, the 150-year-old group added that it expects sales and profitability for 2013 to be in line [...]
Labour hits out at Defra figures January 16, 2014 THE GOVERNMENT came under fire yesterday for revised figures that showed less had been spent on flood protection than previously thought. Labour’s shadow environment secretary Maria Eagles called the revised figures “humiliating” for the government. “The corrections we have made are generally minor and do not affect the headline conclusion that we are spending more [...]
Candy funds luxury flats next to the Queen January 16, 2014 CHRISTIAN Candy’s Omni Capital group has provided a £127.5m bridging loan to fund a luxury scheme next to Buckingham Palace. Palace Revive, which took the loan, plans to buy the former Grade II listed-hotel at 1 Palace Street and turn it into 78 high-end flats.
City Moves for 17 January 2014 | Who’s switching jobs January 16, 2014 Baker Tilly The professional services firm has announced the appointment of Rob Donaldson as head of corporate finance. He previously held roles at KPMG Corporate Finance. Aldermore The bank has made two appointments to its asset finance team. Emma Irving joins as head of materials handling from BNP Paribas. Nova Everidge joins as head of new business [...]
Best of the Brokers for 17 January 2014 January 16, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com POLYMETAL UBS has increased its target price on the stock from 590p to 610p and upgraded the miner to “buy”. The broker thinks Polymetal is well positioned to grow free cash flow, now its current project expenditure is complete, and is past the [...]
London Report: Strong gains from miners push FTSE close to 2013 peak January 16, 2014 TOP shares steadied near last year’s peak yesterday, propped up by steep gains from miners on optimism over the global economy and upbeat analyst comment. Miners added the most points to the FTSE yesterday. The FTSE 350 Mining Index rose 3.2 per cent while Rio Tinto firmed 2.5 per cent after reporting big increases in [...]
New York Report: Stocks fall on bank results January 16, 2014 THE Dow and S&P 500 slipped yesterday, with the S&P retreating from the previous session’s record high, after earnings from Goldman Sachs and other banks disappointed investors. Financials were the biggest drag on the market after both Goldman Sachs Group and Citigroup reported that lower bond trading revenue took a bite out of their quarterly [...]
